Exhibit 99.2(p)
FORM OF AGREEMENT REGARDING PROVISION OF INITIAL CAPITAL
November __, 2003
The Board of Directors
ASA Managed Futures Fund LLC
000 Xxxx Xxxxxxxxx Xxxxxx, X.X.
Suite 400
Atlanta, Georgia 30308
To the Board of Directors:
Aspen Strategic Alliance LLC ("Aspen") herewith purchases 4,000
limited liability company interests ("Interests") of ASA Managed Futures Fund
LLC for a purchase price of $100,000.
In connection with such purchase, Aspen represents that such
purchase is made for investment purposes by Aspen without any present
intention of redeeming or selling such Interests.
Very truly yours,
ASPEN STRATEGIC ALLIANCE LLC
By:
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Name:
Title:
Accepted and agreed by:
ASA MANAGED FUTURES FUND LLC
By:
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Name:
Title:
