June 1, 2014
Willowbridge Associates Inc.
101 Morgan Lane - Suite 180
Plainsboro, N.J. 08536
Attention: Mr. Steve R. Crane
|Re:||Management Agreement Renewals|
Dear Mr. Crane:
We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the Management Agreements). We are extending the term of the Management Agreements through June 30, 2015 and all other provisions of the Management Agreements will remain unchanged.
Diversified Multi-Advisor Futures Fund L.P. II
Tactical Diversified Futures Fund L.P.
CMF Willowbridge Master Fund L.P.
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mrs. Alice Lonero at the address above or fax to 212-296-6868. If you have any questions I can be reached at 212-296-1304.
Very truly yours,
|CERES MANAGED FUTURES LLC|
|By:||/s/ Alice Lonero|
|Chief Financial Officer|
|WILLOWBRIDGE ASSOCIATES INC.|
|By:||/s/ Steven R. Crane|
|Steven R. Crane, Senior Vice President, June 26, 2014|