0000899140-18-000616 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • December 6th, 2018 • Ceres Tactical Commodity L.P. • Commodity contracts brokers & dealers • New York

This AGREEMENT made as of the 1st day of December, 2018 by and among CERES MANAGED FUTURES LLC, a Delaware limited liability company (“CMF”), CERES TACTICAL COMMODITY L.P., a New York limited partnership (the “Partnership”) and AQUANTUM GmbH, a German limited liability company (“Aquantum” or the “Advisor”).

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MANAGEMENT AGREEMENT
Management Agreement • December 6th, 2018 • Ceres Tactical Commodity L.P. • Commodity contracts brokers & dealers • New York

This AGREEMENT made as of the 1ST day of January, 2019 by and among CERES MANAGED FUTURES LLC, a Delaware limited liability company (“CMF”), CERES TACTICAL COMMODITY L.P., a New York limited partnership (the “Partnership”) and PAN CAPITAL MANAGEMENT, LP, a Texas limited partnership (“Pan” or the “Advisor”).

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