0001330820-11-000002 Sample Contracts

CONFIDENTIAL TREATMENT REQUESTED. Confidential portions of this document have been redacted and have been separately filed with the Commission. MANAGED ACCOUNT AGREEMENT
Confidential Treatment • May 16th, 2011 • Aspen Diversified Fund LLC • Commodity contracts brokers & dealers

This Managed Account Agreement (“Agreement”) is made and entered into this 24th day of January, 2011 between Tactical Investment Management Corporation, a Michigan Corporation (“Tactical” or “Advisor”) and ADF Trading Company XII, LLC (“Client”).

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