0000950136-05-001780 Sample Contracts

MANAGEMENT AGREEMENT

Management Agreement • March 31st, 2005 • Salomon Smith Barney Global Diversified Futures Fund L P • Commodity contracts brokers & dealers • New York

• Contract Type
  Management Agreement
• Filed
  March 31st, 2005
• Company
  Salomon Smith Barney Global Diversified Futures Fund L P
• Industry
  Commodity contracts brokers & dealers
• Jurisdiction
  New York

AGREEMENT made as of the 15th day of January, 2004 among CITIGROUP MANAGED FUTURES LLC, a Delaware limited liability company ("CMF"), SALOMON SMITH BARNEY GLOBAL DIVERSIFIED FUTURES FUND L.P., a New York limited partnership (the "Partnership") and ALTIS PARTNERS LIMITED, a United Kingdom corporation (the "Advisor").

Re: Management Agreement Renewals

Salomon Smith Barney Global Diversified Futures Fund L P • March 31st, 2005 • Commodity contracts brokers & dealers

• Company
  Salomon Smith Barney Global Diversified Futures Fund L P
• Filed
  March 31st, 2005
• Industry
  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, 2005 and all other provisions of the Management Agreements will remain unchanged.