0001193125-16-519551 Sample Contracts

June 1, 2015 The Cambridge Strategy (Asset Mgt.) Ltd. Berger House
Emerging Cta Portfolio Lp • March 28th, 2016 • Commodity contracts brokers & dealers
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June 1, 2015 Blackwater Capital Management, LLC
Emerging Cta Portfolio Lp • March 28th, 2016 • Commodity contracts brokers & dealers
Re: Management Agreement Renewal
Emerging Cta Portfolio Lp • March 28th, 2016 • Commodity contracts brokers & dealers

We are writing with respect to your management agreement concerning the commodity pool to which reference is made below (the “Management Agreement”). We are extending the term of the Management Agreement through June 30, 2016 and all other provisions of the Management Agreement will remain unchanged.

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