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                                                                   Exhibit 10.02



                               SECOND AMENDMENT TO



                           TRADING ADVISORY AGREEMENT




           This Amendment ("Amendment") to the Trading Advisory Agreement
dated as of April 3, 1997 and amended September 29, 2000 (the "Agreement"),
by and among JWH GLOBAL TRUST (the "Trust"), CIS INVESTMENTS, INC. (the
"Managing Owner"), and JOHN W. HENRY & COMPANY, INC. (the "Advisor"), and
agreed to as to Section 4 by Cargill Investor Services, Inc., is made this
25th day of May, 2001.


                              W I T N E S S E T H:



           WHEREAS, the parties hereto entered into the Agreement to set forth
the terms and conditions upon which the Advisor renders advisory services in
connection with the Trust's commodity interest trading activities; and



           WHEREAS, the parties hereto desire to amend the Agreement to extend
the term of the Agreement.



           NOW, THEREFORE, in consideration of the premises and the mutual
covenants contained herein and other good and valuable consideration, the
receipt and sufficiency of all of which are hereby acknowledged, the parties
hereto agree as follows:



           1.         AMENDMENT. Section 6 of the Agreement shall be amended by
striking the first paragraph thereof and replacing it with the following:



                  This Agreement shall continue in effect until the close of
         business on June 30, 2002. This Agreement shall automatically renew on
         the same terms as set forth herein for three additional 12-month terms
         beginning July 1 and ending June 30 unless the Managing Owner shall
         give to the Advisor written notice at least 45 days prior to the
         expiration of the then current 12-month term.



           2.         EFFECTIVE DATE. The effective date of this Amendment shall
be May 25, 2001.



           3.         MISCELLANEOUS.



           (a)        Except as amended hereby, the Agreement (including the
amendment dated September 29, 2000) shall remain in full force and effect and is
hereby ratified and confirmed.



           (b)        This Amendment may be executed in any number of
counterparts, each of which shall be deemed to be an original, but all such
separate counterparts shall constitute but one and the same instrument.



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         IN WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the date first written above.



                          JWH GLOBAL TRUST

                          By: CIS Investments, Inc., its Managing Owner

                          By:     /s/ Ronald L. Davis
                               ------------------------------------------------
                          Name:   Ronald L. Davis
                          Title:      Vice President


                          CIS INVESTMENTS, INC.


                          By:     /s/ Ronald L. Davis
                               ------------------------------------------------
                          Name:   Ronald L. Davis
                          Title:      Vice President


                          JOHN W. HENRY & COMPANY, INC.


                          By:     /s/ David M. Kozak
                               ------------------------------------------------
                          Name:   David M. Kozak
                          Title:     Senior Vice President




Agreed to and Acknowledged by:

CARGILL INVESTOR SERVICES, INC.


By:     /s/ Barbara A. Pfendler
    ----------------------------------
Name:   Barbara A. Pfendler

Title:     Vice President