Exhibit 10.01(a)
FORM OF AMENDMENT NO. 1
TO
MANAGEMENT AGREEMENT
WHEREAS, DEMETER MANAGEMENT CORPORATION, a Delaware
corporation (the "General Partner") on behalf of XXXXXX XXXXXXX CHARTER XXXXXXXX
X.X., a Delaware limited partnership (the "Partnership"), and XXXXXXXX &
COMPANY, INC., a Delaware corporation (the "Trading Advisor"), have agreed to
amend the Management Agreement, dated as of August 31, 2002 (the "Management
Agreement"), among the Partnership, the General Partner, and the Trading
Advisor, to reduce the management fee payable to the Trading Advisor.
WHEREAS, all provisions contained in the Management Agreement
remain in full force and effect and are modified only to the extent necessary to
provide for the amendment set forth below.
NOW, THEREFORE, the parties hereto hereby amend the Management
Agreement as follows:
1. The monthly management fee percentage of 1/12 of 2.75% (a
2.75% annual rate) referred to in Section 6(a)(i) of the Management Agreement is
hereby reduced to 1/12 of 2.65%. (a 2.65% annual rate).
2. The foregoing change shall take effect as of August 1,
2003.
IN WITNESS WHEREOF, this Amendment to the Management Agreement
has been executed for and on behalf of the undersigned as of the 31st day of
July, 2003.
XXXXXX XXXXXXX CHARTER XXXXXXXX X.X.
By: Demeter Management Corporation,
General Partner
By:_____________________________________
Name: Xxxxxxx X. Xxxxxxx
Title: President
DEMETER MANAGEMENT CORPORATION
By:_____________________________________
Name: Xxxxxxx X. Xxxxxxx
Title: President
XXXXXXXX & COMPANY, INC.
By:_____________________________________
Name: Xxxxxxx X. Xxxxx
Title: Chief Financial Officer
