AMENDMENT TO THE MANAGEMENT AGREEMENTManagement Agreement • January 7th, 2013 • Emerging Cta Portfolio Lp • Commodity contracts brokers & dealers
This AMENDMENT dated as of the 1st day of January, 2013, to the AMENDED AND RESTATED MANAGEMENT AGREEMENT made as of the 1st day of March, 2012, (the “Management Agreement”) among CERES MANAGED FUTURES LLC, a Delaware limited liability company (“CMF”), EMERGING CTA PORTFOLIO L.P., a New York limited partnership (the “Partnership”) and WILLOWBRIDGE ASSOCIATES INC., a Delaware corporation (the “Advisor” or “Willowbridge”, all parties together, the “Parties”). Capitalized terms not defined herein have the meaning ascribed to those terms in the Management Agreement.
