ADVISORY AGREEMENT among CHAMONIX GLOBAL HORIZONS LLC BLACKROCK INVESTMENT MANAGEMENT, LLC and CAPITAL FUND MANAGEMENT S. A. Dated as of December 28, 2011Advisory Agreement • March 23rd, 2012 • BlackRock Global Horizons I L.P. • Commodity contracts brokers & dealers • New York
The Trading Advisor shall trade the Clearing Broker Account in accordance with the Trading Advisor’s Program described herein. Subject to any applicable investment restrictions, the Trading Advisor represents and warrants that it shall endeavor to trade the Clearing Broker Account pari passu with the same underlying positions as the Reference Account and with a goal of achieving similar trading performance as the Reference Account.
