June 22, 1998
Xxxx X. Xxxxx & Company
Xxx Xxxxxxxxxxx Xxxxx
Xxxxxxxx, Xx. 00000
Attn: Xx. Xxxx Xxxxxx
Re: Management Agreement Renewal
Select Advisors Futures Fund
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. 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
reached at 000-000-0000.
Very truly yours,
XXXXX XXXXXX FUTURES MANAGEMENT INC.
By:
Xxxxxx X. Xxxxxxxx
Chief Financial Officer,
Director & Treasurer
AGREED AND ACCEPTED
XXXX X. XXXXX & COMPANY
By:
Print Name:
DAD/sr