0001125282-01-502179 Sample Contracts

Form of Selling Agent Agreement SHAFFER DIVERSIFIED FUND, L.P. (A Delaware Limited Partnership)
Selling Agent Agreement • October 11th, 2001 • Shaffer Diversified Fund Lp • Investors, nec • New York
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Form of Continuing Services Agreement [Letterhead of Shaffer Diversified Fund, L.P.]
Continuing Services Agreement • October 11th, 2001 • Shaffer Diversified Fund Lp • Investors, nec

This is to reflect our agreement ("Agreement") pursuant to which you will provide continuing services to the limited partners (the "Limited Partners") of Shaffer Diversified Fund, L.P. (the "Fund") with whom you have a relationship (i.e., those limited partners to whom units of limited partnership interest of the Fund ("Units") were sold through your firm). These continuing services include, without limitation, (i) keeping the Limited Partners apprised of developments affecting the Fund, (ii) responding to specific inquiries received from Limited Partners relating to the Fund and the futures markets, (iii) communicating current valuations of the Fund's Net Asset Value per Unit (as defined in the Amended and Restated Agreement of Limited Partnership of the Fund, as amended) to the Limited Partners, (iv) assisting in redemptions, transfers and distributions, (v) assisting Limited Partners in interpreting the Fund's monthly and annual reports, financial statements and the tax information

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