EX-10.22






Exhibit 10.22




June 5, 2008




Campbell & Company, Inc.

Court Tower Building

210 West Pennsylvania Avenue

Suite 770

Towson, MD 21204




Attn: Ms. Terry Becks




	 	 	 	 	 
	 

	 	Re:
	 	Management Agreement Renewals






Dear Ms. Becks:



We are writing with respect to your management agreements concerning the commodity pools to which
reference is made below (the “Management Agreements”). We are extending the term of the
Management Agreements through June 30, 2009 and all other provisions of the Management Agreements
will remain unchanged.





	 	•	 	Smith Barney Potomac Futures Fund L.P.
	 
	 	•	 	Smith Barney Diversified Futures Fund L.P.
	 
	 	•	 	Smith Barney Diversified Futures Fund L.P. II
	 
	 	•	 	Smith Barney Global Diversified Futures Fund L.P.
	 
	 	•	 	Salomon Smith Barney Diversified 2000 Futures Fund L.P.
	 
	 	•	 	CMF Campbell Master Fund L.P.




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have any
questions I can be reached at 212-559-5046.




Very truly yours,




CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:

	 	/s/ Jennifer Magro
 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 





CAMPBELL & COMPANY, INC.




	 	 	 	 	 
	By:

	 	/s/ Thomas P. Lloyd
 

	 	 
	Print Name:

	 	Thomas P. Lloyd	 	 
	 
	 	 	 	 
	JM/sr
	 	 	 	 
















 







June 5,
2008




Aspect Capital Management Ltd.




Nations House — 8th Floor

103 Wigmore Street

London W1U 1QS, U.K.




Attention: Mr. Anthony Todd




	 	 	 	 	 
	 

	 	Re:
	 	Management Agreement Renewals






Dear Mr. Todd:



We are writing with respect to your management agreements concerning the commodity pools to which
reference is made below (the “Management Agreements”). We are extending the term of the Management
Agreements through June 30, 2009 and all other provisions of the Management Agreements will remain
unchanged.





	 	•	 	Salomon Smith Barney Global Diversified Futures Fund L.P.
	 
	 	•	 	Salomon Smith Barney Diversified 2000 Futures Fund L.P.
	 
	 	•	 	Citigroup Diversified Futures Fund L.P.
	 
	 	•	 	Citigroup NA (Alera 100)
	 
	 	•	 	CMF Aspect Master Fund L.P.
	 
	 	•	 	CMF Institutional Futures Portfolio LP
	 
	 	•	 	Citigroup Global Futures Fund Ltd.




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have any
questions I can be reached at 212-559-5046.




Very truly yours,




CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:

	 	/s/ Jennifer Magro
 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 
	 
	 	 	 	 
	 	 	 	 	 







ASPECT CAPITAL MANAGEMENT LTD.




	 	 	 	 	 
	By: 

Print Name:

	 	/s/ Simon Rocall
 

Simon Rocall
	 	 
	 
	JM/sr
	 	 	 	 
















 






June 05,
2008




Altis Partners (Jersey) Limited

AIB House

Greenville Street

St Heller, Jersey

Channel Islands JE 4 9WN




Attention: Mr. Stephen Hedgecock




	 	 	 	 	 
	 

	 	Re:
	 	Management Agreement Renewals






Dear Mr. Hedgecock:



We are writing with respect to your management agreements concerning the commodity pools to which
reference is made below (the “Management Agreements”). We are extending the term of the Management
Agreements through June 30, 2009 and all other provisions of the Management Agreements will remain
unchanged.





	 	•	 	CTA Capital LLC
	 
	 	•	 	Salomon Smith Barney Global Diversified Futures Fund L.P.
	 
	 	•	 	Citigroup Emerging CTA Portfolio L.P.
	 
	 	•	 	CMF Altis Partners Master Fund L.P.
	 
	 	•	 	CMF Institutional Futures Portfolio L.P.
	 
	 	•	 	Citigroup Global Futures Fund Ltd.




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have any
questions I can be reached at 212-559-5046.




Very truly yours,




CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:

	 	/s/ Jennifer Magro
 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 
	 
	 	 	 	 





ALTIS PARTNERS (JERSEY) LIMITED





	 	 	 	 	 
	 
	 	 	 	 
	By:

	 	/s/ Natasha Reeve-Watts
 

	 	 
	Print Name:

	 	Natasha Reeve-Watts	 	 
	 
	JM/sr