June 1, 2012 Blackwater Capital Management, LLC
Exhibit 10.8(a)
June 1, 2012
Blackwater Capital Management, LLC
00 Xxxxxxx Xxxxxx
Suite 601
Morristown, N.J. 07960
Attention: Xx. Xxxx Xxxxxxxxxxx
| Re: | Management Agreement Renewals |
Dear Xx. Xxxxxxxxxxx:
We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the “Management Agreements”). We are extending the term of the Management Agreements through June 30, 2013 and all other provisions of the Management Agreements will remain unchanged.
| • | CTA Capital LLC |
| • | Emerging CTA Portfolio L.P. |
| • |
| • | Blackwater Master Fund L.P. |
| • | Spectrum Technical |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Xx. Xxxxx Xxxxxxx at the address above or fax to 000-000-0000. If you have any questions I can be reached at 000-000-0000.
| Very truly yours, | ||
| CERES MANAGED FUTURES LLC | ||
| By: | /s/ Xxxxx Xxxxxxx | |
| Xxxxx Xxxxxxx | ||
| Chief Financial Officer & Director | ||
| BLACKWATER CAPITAL MANAGEMENT LLC | ||
| By: | /s/ Xxxxxx Xxxxxxxxxxx | |
| Print Name: | Xxxxxx Xxxxxxxxxxx | |
|
BC/sr | ||
