0001193125-15-111799 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • March 30th, 2015 • Tactical Diversified Futures Fund L.P. • Real estate investment trusts • New York
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June 1, 2014 Aspect Capital Ltd.
Tactical Diversified Futures Fund L.P. • March 30th, 2015 • Real estate investment trusts
AMENDMENT NO. 2 TO THE ADVISORY AGREEMENT
The Advisory Agreement • March 30th, 2015 • Tactical Diversified Futures Fund L.P. • Real estate investment trusts • New York

This AMENDMENT NO. 2 (the “Amendment) dated effective as of January 1, 2015 to the ADVISORY AGREEMENT made as of the 1st day of April, 2008, among CERES MANAGED FUTURES LLC (formerly Demeter Management Corporation), a Delaware limited liability company (the “Trading Manager”), MORGAN STANLEY SMITH BARNEY BORONIA I, LLC (formerly Morgan Stanley Managed Futures GMF I, LLC), a Delaware limited liability company (the “Trading Company”) and BORONIA CAPITAL PTY LTD. (formerly Grinham Managed Funds Pty. Ltd.), a New South Wales, Australia proprietary limited company (the “Trading Advisor”), as amended by that certain Amendment No. 1 to the Advisory Agreement dated as of January 1, 2013 (the “First Amendment”) among the Trading Manager, the Trading Company and the Trading Advisor (as so amended, the “Advisory Agreement”).

AMENDMENT NO. 1 TO THE ADVISORY AGREEMENT
The Advisory Agreement • March 30th, 2015 • Tactical Diversified Futures Fund L.P. • Real estate investment trusts

This AMENDMENT NO. 1 dated as of the 1st day of January 2013 to the ADVISORY AGREEMENT made as of the 1st day of April, 2008, among CERES MANAGED FUTURES LLC (formerly Demeter Management Corporation), a Delaware limited liability company (the “Trading Manager”), MORGAN STANLEY SMITH BARNEY BORONIA I, LLC (formerly Morgan Stanley Managed Futures GMF I, LLC), a Delaware limited liability company (the “Trading Company”) and BORONIA CAPITAL PTY LTD. (formerly Grinham Managed Funds Pty. Ltd.), a New South Wales, Australia proprietary limited company (the “Trading Advisor”).

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