|
||||||||||||||||||||||||||
| SEC Info℠ | | | Home | | | Search | | | My Interests | | | Help | | | Sign In | | | Please Sign In | |||||||
|
||||||||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Agent 2/07/19 Managed Futures Premier Graham LP 8-K:1,9 2/01/19 2:28K Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 13K 2: EX-10.1 Material Contract HTML 9K
| EX-10.1 |
Exhibit 10.1
AMENDMENT NO. 2 TO THE MANAGEMENT AGREEMENT
This AMENDMENT NO. 2 dated January 29, 2019 to the MANAGEMENT AGREEMENT made as of November 6, 1998, as amended April 1, 2014 (the “Management Agreement”), by and among CERES MANAGED FUTURES LLC, a Delaware limited liability company (“CMF”), MANAGED FUTURES PREMIER GRAHAM 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”).
W I T N E S S E T H:
WHEREAS, CMF allocates, from time to time, a certain amount of the assets of the Partnership to the Advisor to trade pursuant to the Management Agreement; and
WHEREAS, the Parties wish to amend the Management Agreement to reflect (i) a reduction in the management fee paid under Section 6(a)(i) and (ii) a reduction in the incentive fee and change in the frequency of the payment of the incentive fee under Section 6(a)(ii).
NOW, THEREFORE, the parties agree as follows:
1. The monthly management fee rate referred to in clause (a)(i) of the Section entitled “Fees” in the Management Agreement is hereby reduced to a monthly management fee rate equal to 1/12 of 1.35% (a 1.35% annual rate).
2. The language in Section 6(a)(ii) is hereby deleted in its entirety and replaced with the following:
The annual incentive fee equal to 18% of the “Trading Profits” (as defined in Section 6(d)) experienced by the Partnership as of the end of each such period.
3. This Amendment No. 2 shall take effect as of the 1st day of February, 2019.
4. This Amendment No. 2 may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute the same agreement.
5. This Amendment No. 2 shall be governed and construed in accordance with the laws of the State of New York.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of the date first written above.
| MANAGED FUTURES PREMIER GRAHAM L.P. | ||
| By: |
Ceres Managed Futures LLC (General Partner) | |
| By |
/s/ Patrick T. Egan | |
|
| ||
| President & Director | ||
| CERES MANAGED FUTURES LLC | ||
| By |
/s/ Patrick T. Egan | |
|
| ||
| President & Director | ||
| GRAHAM CAPITAL MANAGEMENT, L.P. | ||
| By |
/s/ Paul Sedlack | |
|
| ||
| COO | ||
– 2 –
| This ‘8-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on: | 2/7/19 | |||
| For Period End: | 2/1/19 | |||
| 1/29/19 | ||||
| 4/1/14 | 8-K | |||
| 11/6/98 | ||||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/22/24 Ceres Classic L.P. 10-K 12/31/23 52:6.9M Donnelley … Solutions/FA 3/24/23 Ceres Classic L.P. 10-K 12/31/22 52:6.3M Donnelley … Solutions/FA 3/24/22 Ceres Classic L.P. 10-K 12/31/21 52:6.5M Donnelley … Solutions/FA 3/25/21 Ceres Classic L.P. 10-K 12/31/20 46:4.3M Donnelley … Solutions/FA |