June 22, 1998
Rabar Market Research
00 Xxxx Xx. - Xxxxx 000
Xxxxx Xxxxx, X.X. 10606
Attention: Xx. Xxxx Xxxxxx & Xx. Xxxx Xxxxx
Re: Management Agreement Xxxxxxx
Xxxxx Xxxxxx Principal Plus Futures Fund L.P.
Dear Xx. Xxxxxx & Xx. Xxxxx:
We are writing with respect to your management agreement concerning the
commodity pool to which reference is made above (the "Management Agreement"). We
would like to extend the term of the Management Agreement through June 30, 1999
and make the attached modification on Rider 1. The incentive fee will now be
paid annually instead of quarterly. All other provisions of the Management
Agreement will remain unchanged.
Please indicate your agreement to and acceptance of this modification by signing
one copy of this letter and returning it to the attention of Xx. Xxxxxx Xxxxxxxx
at the address above or fax to 000-000-0000. If you have any questions I can be
reached at 000-000-0000.
Very truly yours,
XXXXX XXXXXX FUTURES MANAGEMENT INC.
By:
Xxxxxx X. Xxxxxxxx
Chief Financial Officer,
Director & Treasurer
AGREED AND ACCEPTED
RABAR MARKET RESEARCH
By:
Print Name:
DAD/sr
