June 24, 1997 Rabar Market Research 10 Bank St. - Suite 830 White Plain, N.Y. 10606 Attention: Mr. John Dreyer & Mr. Paul Rabar Re: Management Agreement Renewal Smith Barney Diversified Futures Fund Dear Mr. Dreyer & Mr. Rabar: We are writing with...Management Agreement • August 14th, 1997 • Smith Barney Diversified Futures Fund Lp • Patent owners & lessors
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, 1998. The incentive fee will now be paid annually instead of quarterly. All other provisions of the Management Agreement will remain unchanged.
