AMENDMENT NO. 1 TO MANAGEMENT AGREEMENTManagement Agreement • June 6th, 2011 • Morgan Stanley Smith Barney Spectrum Strategic Lp • Real estate investment trusts
WHEREAS, MORGAN STANLEY SMITH BARNEY SPECTRUM STRATEGIC L.P., a Delaware limited partnership (the “Partnership”), CERES MANAGED FUTURES LLC, a Delaware limited liability company (formerly Demeter Management LLC, the “General Partner”), and DKR FUSION MANAGEMENT L.P., a Delaware limited partnership (the “Trading Advisor”), have agreed to amend the Management Agreement, dated as of the 1st day of March, 2010 (the “Management Agreement”), among the Partnership, the General Partner, and the Trading Advisor, to reduce the monthly management fee rate payable to the Trading Advisor. Terms used and not otherwise defined herein have the meanings ascribed to such terms in the Management Agreement.
