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| 1. | The      Client shall deposit with such commodities broker as is mutually      acceptable to the parties (the “Broker”) funds and/or securities in an      amount of not less than reflected in section (a)(i) of Exhibit B (the      “Account”). |
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| 2. | The      Client hereby appoints the Advisor, and the Advisor accepts such      appointment, as its agent and attorney-in-fact with respect to the      management of the Account. The Advisor will trade the Trading Interests      pursuant to the Strategy and will have the exclusive authority to issue      all necessary instructions to the Broker, provided that Client can      instruct Advisor to exit positions necessary for Client to satisfy      speculative trading limits. The Advisor also agrees to manage the Account      in accordance with the agreed upon “Nominal Account Size” as described in      Section (a) of Exhibit B (agreed trading level irrespective of amount of      “Actual Funds,” including non-cash, margin qualifying assets, on deposit).      Client agrees to execute all documents necessary, including the      questionnaire in Exhibit B, for such purpose. All such transactions shall      be for the account and risk of theClient. |
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| 3. | The      Advisor will seek capital appreciation in the Account by trading      speculatively in the Trading Interests utilizing the Strategy as described      in Exhibit A. |
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| 4. | The      Advisor’s services are not rendered exclusively to the Client, and the      Advisor shall be free to render similar services to  others. |
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| 5. | This      Agreement shall remain in effect until terminated upon receipt of written      notice by mail, fax or email (“Written Notice”) of either party from the      other. The Advisor or the Client may terminate this Agreement for any      reason upon such Written Notice. Upon termination of this Agreement, the      Advisor will close all open positions, and all accrued but unpaid fees      shall become immediately due and payable to the  Advisor. |
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| 6. | The      Client may withdraw funds from the Account at any time and may add funds      to the Account in such amount as mutually agreed upon with the Advisor      (however, Client acknowledges that there is no assurance that the Advisor      will allow it to add funds); provided, however, that the Client agrees to      notify the Advisor by Written Notice in advance of such additions and      withdrawals. No adjustment may be made to the Nominal Account Size without      the mutual consent of both Client and Advisor. The Client acknowledges      that the Advisor may terminate this Agreement pursuant to the terms of      paragraph 5 if the Client reduces or gives Written Notice to the Advisor      that it intends to reduce the Account to a level below which the Advisor      cannot effectively utilize theStrategy. |
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| 7. | The      Account shall bear all commissions and/or related expenses arising from      the transactions exercised in the management of the Account. The Client      shall be responsible for assuring the payment of all margins, premiums,      commissions and other amounts due to the Broker or any futures commission      merchant (“FCM”) executing trades on behalf of the Client as provided in      paragraph 13 in connection with transactions effected by the Advisor. The      Client shall also authorize and instruct the Broker or any FCM to furnish      the Advisor with copies of any and all statements, confirmations and other      documents and materials provided to the Client with respect to trading      conducted by the Advisor with such Broker or FCM  hereunder. |
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| 8. | The      Client agrees to inform the Advisor immediately if the Client is      dissatisfied with the Advisor’s decisions or actions, or if the Client is      dissatisfied with the Broker’s handling of the  Account. |
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| 9. | The      Advisor’s recommendations and authorizations shall be for the account and      risk of the Client. The Advisor makes no guarantee that any of its      services will result in a profit to the Client. The Client has discussed      the risks of futures trading with the Broker and the Advisor and      understands those risks. The Client assumes the responsibility of losses      that may be incurred. Client acknowledges that since it is the owner of      the Account and the Account is not a limited liability structure, it bears      the risk of losses in excess of the capital it has invested in the      Account. |
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| 10. | The      Client will not pay the Advisor any management fee. The Client will pay      the Advisor a quarterly incentive fee equal to a percentage of any New Net      Profit in the Client’s Account as of the end of each calendar quarter as      set forth in Exhibit B. “New Net Profit” is defined as the excess of the      cumulative Gain/Loss from Commodity Trading (excluding interest) less      trading and management fees over its highest past value at any prior      calendar quarterly period (i.e., “new” profit). The “Gain/Loss from      Commodity Trading” is the net gain or loss from closed and completed      commodity transactions (after brokerage commissions) plus the      increases/decreases in the value of the open positions at the end of each      calendar quarter (accounting for commissions that would be incurred by      closing such open positions). In the event of subsequent losses, the      quarterly incentive fee would not be charged until there are New Net      Profits to offset such losses. The quarterly incentive fee shall not be      rebated by virtue of subsequent losses. To the extent that the Nominal      Account Size is reduced at a time when the cumulative Gain/Loss from      Commodity Trading represents a net loss, the amount of such net loss (a      “Carry Forward Loss”) will be reduced by multiplying the Carry Forward      Loss by a fraction, the numerator of which is the Nominal Account Size      immediately after such reduction and the denominator of which is the      Nominal Account Size immediately prior to such reduction. The Client will      pay the Advisor any such incentive fee payment in a timely manner and      provide the Advisor with an accounting prepared by its administrator      regarding such payment. |
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| 11. | The      Client agrees to execute such additional forms as Broker deems necessary      to authorize the Broker to make payments from the Account to the Advisor      in compensation for services set forth in this  Agreement. |
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| 12. | The      parties agree that the specific terms of this Agreement and the advice      provided to the Client by the Advisor are confidential and shall not be      disclosed by either party except as is reasonably necessary in the      ordinary course of such party’s operations or pursuant to valid legal      process. |
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| 13. | The      Client acknowledges that the Advisor may utilize the services of multiple      FCMs for the execution of trades for Client’s account and that FCMs may      include FCMs other than the Broker. Client authorizes the Advisor to use      other FCMs for the placement and execution of trades for Client’s account      at the Advisor’s sole discretion. |
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| 14. | The      Advisor makes no guarantee that any of its services will result in a      profit or will not result in a loss for the Client. The Advisor will not      be liable to the Client or to others except by reason of acts constituting      willful misconduct or gross negligence as to its duties herein, and      disclaims any liability for human or machine errors in order to trade or      not to trade any Trading Interest. |
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| 15. | The      Client represents to the Advisor that it is a “qualified eligible person”      (“QEP”) as defined in Rule 4.7 under the Commodity Exchange Act because it      meets one or more of the criteria listed in Exhibit C. The General Partner      represents to the Advisor that it is a member in good standing of the NFA,      and that the Client is in compliance with all applicable rules and      regulations of the Securities and Exchange Commission, the CFTC, and the      NFA to the extent material to the conduct of its business. The Advisor      represents to the Client that it is a member in good standing of the NFA      and has all required governmental and regulatory licenses to perform its      obligations under this Agreement and the Advisor is in compliance with all      applicable rules and regulations of the CFTC and the NFA to the extent      material to the conduct of its business; and the performance by the      Advisor of its obligations under this Agreement will not violate, or      constitute a default under, the certificate of incorporation of, articles      of incorporation, bylaws of, or any agreement, order, law or regulation      binding upon, the Advisor. |
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| 16. | This      Agreement shall be governed by and construed and administered in      accordance with the internal substantive laws of the State of Virginia      without regard to principles of conflict of laws. Any controversy or claim      arising out of or relating to this Agreement shall be settled by binding      arbitration in Charlottesville, Virginia in accordance with the rules then      in effect of the National Futures Association, and judgment upon the award      rendered by the arbitrators may be entered into any court having      jurisdiction thereof. Client agrees to pay all expenses, including      attorneys’ fees, incurred by Advisor to defend any unsuccessful claim      Client brings against Advisor, and the Advisor agrees to pay all expenses,      including attorneys’ fees, incurred by Client to defend any successful      claim Advisor brings againstClient. |
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| 17. | The      parties agree to comply with all applicable federal, state and local laws,      rules and regulations with respect to this Agreement. Each party agrees      that it will promptly notify the other party in the event that it becomes      aware any violation or non-compliance with such laws, rules or regulations      or the commencement of any action, suit, proceeding or investigation      involving such party. The Advisor agrees to provide the General Partner      with any information concerning the Advisor that the General Partner may      reasonably request concerning the Advisor including, but not limited to,      information regarding any change in control, personnel, trading approach      and financial condition which the General Partner reasonably deems to be      material to the Client, and shall notify the General Partner of any such      matters the Advisor believes are material to the Client. The Advisor shall      cooperate, to the extent that the General Partner may reasonably request,      in preparing offering materials, investor information reports and      regulatory filings relating to the Client. Nothing in this Agreement shall      require the Advisor to disclose the proprietary details of the Strategy      used to manage the Client’s Account. The Advisor will make itself      reasonably available upon the reasonable request of the General Partner to      support efforts to market or develop the Client, including without      limitation participating in telephone calls and meetings with potential      marketers or customers of the Client. Further, the Advisor agrees to      cooperate with the General Partner in connection with its obligations to      the Client. |
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| 18. | In      the event that any of the provisions of this Agreement are invalid for any      reason whatsoever, all other conditions and provisions of this Agreement      shall, nevertheless remain in full force and  effect. |
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| 19. | Neither      party may assign this Agreement without the prior consent of the other      party. |
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| 20. | This      Agreement constitutes the entire agreement between the parties, and no      modifications or amendments of this Agreement shall be binding unless in      writing and signed by the participantshereto. |
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| 21. | Client      acknowledges that he has read and understands this Agreement describing      the Strategy pursuant to which the Account will be  managed. |
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| 22. | This      Agreement may be executed in one or more counterparts, each of which will      be deemed an original and all of which shall constitute one      document. |
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| 23. | By      depositing funds with the Broker, the Client acknowledges and accepts the      proprietary techniques of the Strategy and the Client’s suitability to      bear the economic risk of loss in commodity  trading. |
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| RFMC      WILLOWBRIDGE FUND, LP  | QUANTITATIVE      INVESTMENT MANAGEMENT LLC: |
|---------------------------------------|----------------------------------------------|
|                                  |                                         |   |   |
| By:                                   |                                         | By: |   |
| Name:                                 |                                         | Name: |   |
| Title:                                |                                         | Title: |   |

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| E-mini      Nasdaq    | 10      Year Note   | Euro      Currency     | Gold              |
|-----------------------|---------------------|------------------------|-------------------|
| E-mini      S&P   | US      Bond        | Japanese      Yen      | Silver            |
| E-mini      Russell   | 2      Year Note    | British      Pound     | Copper            |
| Dax                   | 5      Year Note    | Canadian      Dollar   | Natural      Gas  |
| FTSE      100         | EuroDollar          | Australian      Dollar | Crude      Oil    |
| DJ      Euro Stoxx 50 | Eurobund            | Swiss      Franc       | Brent      Crude  |
| Hang      Seng        | Euribor             | Corn                   | Gas      Oil      |
| Nikkei      225 (OSE) | Euro-Bobl           | Soybeans               | Heating      Oil  |
| CAC      - 40         | Euro-Schatz         | Sugar                  | Unleaded      Gas |
| KOSPI                 | Long      Gilt      | Wheat                  | WTI      Crude    |
| SGX      Nikkei       | Short      Sterling |                   |              |
| TOPIX                 | JGB      (TSE)      |                   |              |

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