Document:

Exhibit 10.5
	 

	 
		SMITH BARNEY FUTURES MANAGEMENT
		INC.
	 

	 
		390 Greenwich Street, 1st
		Floor, New York, New York 10013-2396
	 

	 
		November 30, 1995
	 

	 
		Chesapeake Capital Corp.
	 

	 
		500 Forest Avenue
	 

	 
		Richmond, Va. 23239
	 

	 
		Attention: Mr. John Hoade
	 

	 
			
				
				   
				

			 	
				
				  Re:
				

			 	
				
				  Management Agreement Renewal

				  Smith Barney Tidewater Futures Fund
				

			 

 

	 
		Dear Mr. Hoade:
	 

	 
		We are writing with respect to your
		management agreement concerning the commodity pool to which reference is made
		above (the “Management Agreement”). We would like to extend the term
		of the Management Agreement so that the renewal date for the term of the
		Management Agreement in section 5 thereof will be June 30, 1995 (as agreed upon
		by us by letter agreement dated February 16, 1995) to January 31, 1996 and
		annually on June 30 thereafter. All other provisions of the Management
		Agreement will remain unchanged.
	 

	 
		Please indicate your agreement to and
		acceptance of this modification by signing one copy of this letter and
		returning it to the attention of Mr. Daniel Dantuono at the address
		above.
	 

	 
		Very truly yours,
	 

	 
		 
	 

	 
			
				
				  SMITH BARNEY FUTURES MANAGEMENT
				  INC.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ Daniel A. Dantuono
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				  Daniel A. Dantuono
				

				
				  Chief Financial Officer, Director
				  and Treasurer
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
			
				
				  AGREED AND ACCEPTED:
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  CHESAPEAKE CAPITAL CORP.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ John M. Hoade
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
					

 

	 
		Rw/48Exhibit 10.6
	 

	 
		SMITH BARNEY FUTURES MANAGEMENT
		INC.
	 

	 
		390 Greenwich Street, 1st
		Floor, New York, New York 10013-2396
	 

	 
		January 25, 1996
	 

	 
		Chesapeake Capital Corp.
	 

	 
		500 Forest Avenue
	 

	 
		Richmond, Virginia 23229
	 

	 
		Attn: Mr. John Hoade
	 

	 
			
				
				   
				

			 	
				
				  Re:
				

			 	
				
				  Management Agreement Renewal
 SB
				  Tidewater Futures Fund 
				

			 

 

	 
		Dear Mr. Hoade:
	 

	 
		We are writing with respect to your
		management agreement concerning the commodity pool to which reference is made
		above (the “Management Agreement”). We would like to extend the term
		of the Management Agreement so that the renewal date for the term of the
		Management Agreement will be June 30, 1996. All other provisions of the
		Management Agreement will remain unchanged.
	 

	 
		Please indicate your agreement to and
		acceptance of this modification by signing one copy of this letter and
		returning it to the attention of Mr. Daniel Dantuono at the address
		above.
	 

	 
		 
	 

	 
			
				
				  Very truly yours,
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  SMITH BARNEY FUTURES MANAGEMENT
				  INC.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ Daniel A. Dantuono
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				  Daniel A. Dantuono
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				  Chief Financial Officer, Director
				  and Treasurer
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		Agreed and Accepted on this 30th day of
		January, 1996.
	 

	 
		 
	 

	 
			
				
				  CHESAPEAKE CAPITAL
				  CORPORATION
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ John M. Hoade
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				  Print name: 
				

			 	
				
				  John M. Hoade
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
					

 

	 
		Dad/sr
	 

	 
		Rw/7Exhibit 10.7
	 

	 
		SMITH BARNEY FUTURES MANAGEMENT
		INC.
	 

	 
		390 Greenwich Street, 1st
		Floor, New York, New York 10013-2396
	 

	 
		May 31, 1996
	 

	 
		Chesapeake Capital Corp.
	 

	 
		500 Forest Avenue
	 

	 
		Richmond, Virginia 23229
	 

	 
		Attn: Mr. John Hoade
	 

	 
			
				
				   
				

			 	
				
				  Re:
				

			 	
				
				  Management Agreement renewal

				  Smith Barney Tidewater futures Fund L.P.
				

			 

 

	 
		Dear Mr. Hoade:
	 

	 
		We are writing with respect to your
		Management Agreement concerning the commodity pool to which reference is made
		above. This notice is to inform you that the Partnership has decided to renew
		and hereby elects to renew said Management Agreement for an additional one (1)
		year period ending June 30, 1997. All other provisions of the Management
		Agreement will remain unchanged.
	 

	 
		 
	 

	 
			
				
				  Very truly yours,
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  SMITH BARNEY FUTURES MANAGEMENT
				  INC.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ Daniel A. Dantuono
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				  Daniel A. Dantuono
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				  Chief Financial Officer,
				  Director and Treasurer
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		DAD/sr
	 

	 
		rw/11Exhibit 10.8
	 

	 
		SMITH BARNEY FUTURES MANAGEMENT
		INC.
	 

	 
		390 Greenwich Street, 1st
		Floor, New York, New York 10013-2396
	 

	 
		July 8, 1997 
	 

	 
		Chesapeake Capital Corp.
	 

	 
		500 Forest Avenue
	 

	 
		Richmond, Va. 23229
	 

	 
		Attention: Mr. John Hoade
	 

	 
			
				
				   
				

			 	
				
				  Re:
				

			 	
				
				  Management Agreement
				  Renewal
				

			 
	 	 	
				
				  Smith Barney Tidewater Futures
				  Fund L.P.
				

			 

 

	 
		Dear Mr. Hoade:
	 

	 
		We are writing with respect to your
		management agreement concerning the commodity pool to which reference is made
		above (the “Management Agreement”). We would like to extend the term
		of the Management Agreement through June 30, 1998. The provisions of the
		Management Agreement that have changed are as follows:
	 

	 
			
				
				   
				

			 	
				
				  1.
				

			 	
				
				  The Fund will now trade the
				  Diversified 2XL program instead of the Diversified program.
				

			 

 

	 
			
				
				   
				

			 	
				
				  2.
				

			 	
				
				  The fees will now be a 2% management
				  fee and a 23% incentive fee.
				

			 

 

	 
		Please indicate your agreement to and
		acceptance of these modifications by signing one copy of this letter and
		returning it to the attention of Mr. Daniel Dantuono at the address above
		
	 

	 
		 
	 

	 
			
				
				  Very truly yours,
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  SMITH BARNEY FUTURES MANAGEMENT
				  INC.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ Daniel A. Dantuono
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				  Chief Financial Officer,
				  Director & Treasurer
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
			
				
				  AGREED AND ACCEPTED
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  CHESAPEAKE CAPITAL CORP.
				

			 	
				
				   
				

			 	
				
				  * Smith Barney Futures Management
				  Will advise when the change to the Diversified 2XL Program will take
				  place.
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ John M. Hoade
				

			 	
				
				   
				

			 
	
				
				  Print Name: 
				

			 	
				
				  John M. Hoade
				

			 	
				
				   
				

			 	
				
				   JMH
				  7/8/97
				

			 
					

 

	 
		DAD/sr
	 

	 
		rw/lExhibit 10.9
	 

	 
		SMITH BARNEY FUTURES
		MANAGEMENT INC.
	 

	 
		390 Greenwich Street,
		1st Floor, New York, New York 10013-2396
	 

	 
		June 1, 1999
	 

	 
		Chesapeake Capital Corp.
	 

	 
		500 Forest Avenue
	 

	 
		Richmond, Va. 23229
	 

	 
		Attention: Mr. John
		Hoade
	 

	 
			
				
				   
				

			 	
				
				  Re:
				

			 	
				
				  Management Agreement
				  Renewal
 Smith Barney Tidewater Futures Fund L.P.
				

			 

 

	 
		Dear Mr. Hoade:
	 

	 
		We are writing with respect to
		your management agreement concerning the commodity pool to which
		reference is made above (the “Management Agreement”). We
		would like to extend the term of the Management Agreement through
		June 30, 2000 and all other provisions of the Management Agreement
		will remain unchanged.
	 

	 
		Please indicate your agreement to
		and acceptance of this modification by signing one copy of this
		letter and returning it to the attention of Mr. Daniel Dantuono
		at the address above or fax to 212-723-8985. If you have any
		questions I can be reached at 212-723-5416.
	 

	 
		Very truly yours,
	 

	 
		 
	 

	 
			
				
				  SMITH BARNEY FUTURES
				  MANAGEMENT INC.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ Daniel A.
				  Dantuono
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				  Daniel A. Dantuono
				

				
				  Chief Financial Officer,
				  Director & Treasurer
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
			
				
				  AGREED AND ACCEPTED

				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  CHESAPEAKE CAPITAL
				  CORP.
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  By: 
				

			 	
				
				  
 /s/ John M.
				  Hoade
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				

			 
	
				
				  Print Name: 
				

			 	
				
				  John M. Hoade
				

			 	 	 	 
					

 

	 
		DAD/sr

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]