0000950123-11-031378 Sample Contracts

Xplor Capital Management LLC 35 Mason Street 4th Floor Greenwich, Ct. 06830 Attention: Mr. Damon Hart Re: Management Agreement Renewals Dear Mr. Hart:
Emerging Cta Portfolio Lp • March 31st, 2011 • Commodity contracts brokers & dealers

We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the “Management Agreements”). We are extending the term of the Management Agreements through June 30, 2011 and all other provisions of the Management Agreements will remain unchanged.

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