June 22, 1998
Willowbridge Associates Inc.
000 Xxxxxx Xxxx - Xxxxx 000
Xxxxxxxxxx, X.X. 07036
Attention: Xx. Xxxxxxx Xxxxxx
Re: Management Agreement Xxxxxxx
Xxxxx Xxxxxx Diversified Futures Fund X.X. XX
Dear Xx. Xxxxxx:
We are writing with respect to your management agreement concerning the
commodity pool to which reference is made above (the "Management Agreement"). We
would like to extend the term of the Management Agreement through June 30, 1999
and make the attached modification on Rider 1. Per our recent correspondence to
you, the current allocation is 50% to the Argo trading system and 50% to the
Vulcan trading system. All other provisions of the Management Agreement will
remain unchanged.
Please indicate your agreement to and acceptance of this modification by signing
one copy of this letter and returning it to the attention of Xx. Xxxxxx Xxxxxxxx
at the address above or fax to 000-000-0000. If you have any questions I can be
reach at 000-000-0000.
Very truly yours,
XXXXX XXXXXX FUTURES MANAGEMENT INC.
By:
Xxxxxx X. Xxxxxxxx
Chief Financial Officer,
Director & Treasurer
AGREED AND ACCEPTED
WILLOWBRIDGE ASSOCIATES INC.
By:
Print Name:
DAD/sr
