0001193125-19-030686 Sample Contracts

AMENDMENT NO. 2 TO THE MANAGEMENT AGREEMENT
The Management Agreement • February 7th, 2019 • Morgan Stanley Smith Barney Spectrum Select Lp • Real estate investment trusts

This AMENDMENT dated January 29, 2019 to the MANAGEMENT AGREEMENT made as of January 1, 2004, as amended April 1, 2014 (the “Management Agreement”), by and among CERES MANAGED FUTURES LLC, a Delaware limited liability company (“CMF”), MORGAN STANLEY SMITH BARNEY SPECTRUM SELECT L.P., a Delaware limited partnership (the “Partnership”) and GRAHAM CAPITAL MANAGEMENT, L.P., a Delaware limited partnership (the “Advisor”, and together with CMF and the Partnership, the “Parties”).

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