0001193125-08-246617 Sample Contracts

AMENDED AND RESTATED ADVISORY AGREEMENT
Amended and Restated Advisory Agreement • December 2nd, 2008 • World Monitor Trust III - Series J • Commodity contracts brokers & dealers • New York

WHEREAS, the parties hereto wish to set forth their duties and obligations to each other with respect to the Memorandum as of its effective date and each closing date of the Offering (each, a “Closing Date)”).

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CORRESPONDENT SELLING AGENT AGREEMENT World Monitor Trust III (A Delaware Statutory Trust) Units of Beneficial Interest Preferred Investment Solutions Corp. Managing Owner Kenmar Securities Inc. Selling Agent [Name of Correspondent Selling Agent]...
Selling Agent Agreement • December 2nd, 2008 • World Monitor Trust III - Series J • Commodity contracts brokers & dealers • New York

Preferred Investment Solutions Corp., a Delaware corporation (the “Managing Owner”), has caused the formation, on September 28, 2004, of a statutory trust pursuant to the Delaware Statutory Trust Act (the “Delaware Act”) under the name, World Monitor Trust III (the “Trust”), for the purposes of engaging in the speculative trading of commodity futures and forward contracts, commodity options and other commodity interests. Wilmington Trust Company, a Delaware banking company (the “Trustee”), is the trustee of the Trust and has delegated substantially all responsibility for the management of the Trust’s business and affairs to the Managing Owner. The beneficial interest in the Trust (the “Units”) will be offered in one series (the “Series”), but the Trust may issue additional series of Units in the future. The Series will be offered in two or more classes. The assets of the Trust will be allocated to one or more different trading advisors (each a “Trading Advisor” and, collectively, the “

AMENDED AND RESTATED ADVISORY AGREEMENT
Representation Agreement • December 2nd, 2008 • World Monitor Trust III - Series J • Commodity contracts brokers & dealers • New York

to execute the pro forma performance tables or notes thereto. The term “principal” in this Agreement shall have the same meaning as that term in Commodity Futures Trading Commission (the “CFTC”) Regulation § 4.10(e) under the CE Act.

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