MANAGEMENT AGREEMENTManagement Agreement • May 12th, 2016 • Tactical Diversified Futures Fund L.P. • Real estate investment trusts • New York
This AGREEMENT made as of the 1st day of May, 2016 (the “Agreement”), is by and among CERES MANAGED FUTURES LLC, a Delaware limited liability company (“CMF”), TACTICAL DIVERSIFIED FUTURES FUND L.P., a New York limited partnership (the “Partnership”), ISAM (USA) LLC (“ISAM USA”), a limited liability company incorporated under the laws of Delaware, ISAM (Europe) LLP (“ISAM Europe”), a limited liability partnership incorporated under the laws of England and Wales and International Standard Asset Management (“ISAM” and together with ISAM USA and ISAM Europe and each separately, the “Advisor”), a company incorporated under the laws of the Cayman Islands. This Agreement shall be effective upon ISAM Europe becoming registered as a commodity trading advisor with the U.S. Commodity Futures Trading Commission (the “CFTC”) and a member of the National Futures Association (“NFA”).
