Portfolio Boost III, L.P. By: Portfolio Boost, L.L.C., General Partner By: /s/Jeffrey A. Raun ----------------------------------- Jeffrey A. Raun, President Date: August 27, 1998 Trading Program of QSL to which this Letter Agreement Applies: FOREX...Appointment as Special Agent • November 16th, 1998 • Portfolio Boost Iii Lp • Commodity contracts brokers & dealers
In connection with the undersigned's having entered into an advisory agreement ("Advisory Agreement") with Quiet Systems Limited of George Town, Grand Cayman, Cayman Islands ("QSL"), a commodity trading advisor ("CTA") registered with the United States Commodity Futures Trading Commission ("CFTC"), this letter will serve as your appointment, subject to your acceptance hereof, as agent of the undersigned to receive the trading signals generated by QSL in its capacity as a CTA for the undersigned and for communicating the trades therefrom to the introducing broker or futures commission merchant selected by the undersigned. The undersigned acknowledges, understands and agrees that you will not exercise any discretion whatsoever in determining what trades will be made on behalf of the undersigned, but will rather merely review the technical signals generated by the various QSL programs which are the subject of the undersigned's Advisory Agreement with QSL and communicate the trades which a
