Document:

Consent to Assignment and Assumption of Brokerage Agreement

 Exhibit 10.1 
  
 Prudential Equity Group, LLC 
 One New York Plaza, 15th Floor

 New York, New York 10292 
  
 March 30, 2004 
  
 World Monitor Trust II 
 Prudential Securities Futures Management Inc. 
 One New York Plaza, 13th Floor 
 New York, New York 10292 
  

	 	Re:	Consent to Assignment and Assumption of Brokerage Agreement 

  
 Reference is hereby made to the Brokerage Agreement by and between World Monitor Trust II (the “Trust”) and Prudential Equity Group, LLC (f/k/a
Prudential Securities Incorporated (“PEG”)), dated as of September 17, 1999 (the “Agreement”). 
  
 In connection with the transfer, effective as of January 1, 2004 (the “Effective Date”), of PEG’s futures and derivatives business to PFDS
Holdings LLC (“Holdings”), and the further transfer of that business to Prudential Financial Derivatives, LLC, a wholly-owned subsidiary of Holdings (“PFD”), PEG hereby assigns, transfers and sets over to PFD
all the rights, title and interest, powers, privileges and remedies of PEG under the Agreement, and PEG hereby delegates, and PFD hereby assumes, all duties, liabilities and obligations of PEG under the Agreement, with the same force and effect as
if PFD had been an original party to the Agreement, which assignment, delegation and assumption (the “Assignment”) shall be effective as of 12:01 a.m. on the Effective Date. As of the Effective Date, the Agreement shall be deemed to
have been amended to delete all references to PEG as a party thereto and to substitute therefor references to PFD. 
  
 Any information set forth in the Agreement relating to PEG’s names and addresses for communications between the parties shall be deemed to have been deleted
and replaced by the information relating to PFD set forth below: 
  
 Prudential Financial Derivatives, LLC 
 One New York Plaza, 13th Floor 
 New York, New York 10292 
 Attention: Richard H. Hulit, Jr. 
  
 The Trust hereby consents to the Assignment of the Agreement and the resulting assignment of rights and delegation of duties as set forth above. The Trust releases
PEG from any and all obligations and liabilities arising under the Agreement, excluding any obligation or liability under the Agreement arising in connection with transactions that were effected prior to the Effective Date. Further, the Trust agrees
to look solely to (a) PEG to satisfy and perform all liabilities and obligations under the Agreement arising before the Effective Date, and (b) PFD to satisfy and perform all liabilities and obligations under the Agreement arising after the
Effective Date. 

 World Monitor Trust II 
 Prudential Securities Futures Management Inc. 
 March 30, 2004 
 Page 2 
  
 PFD agrees that the Assignment of the
Agreement to PFD will not diminish or otherwise adversely affect any of the Trust’s rights under the Agreement, all of which are hereby ratified and confirmed and shall remain in full force and effect. This consent may be executed in any number
of counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. 
  

			
	PRUDENTIAL EQUITY GROUP, LLC
		
	By:	 	/s/    MICHAEL J. DUGAN        
	 	 	

	 	 	 Name: Michael J. Dugan
 Title: Chief Financial
Officer

  

			
	PRUDENTIAL FINANCIAL DERIVATIVES, LLC 
		
	By:	 	/s/    RICHARD H. HULIT, JR.        
	 	 	

	 	 	 Name: Richard H. Hulit, Jr.
 Title: Sr. Vice
President

  
 AGREED AND ACCEPTED: 
  
 WORLD MONITOR TRUST II 
  
 By: Prudential Securities Futures Management Inc., Managing Owner 
  

			
		
	By:	 	/s/    BRIAN J. MARTIN        
	 	 	

	 	 	 Name: Brian J. Martin
 Title: PresidentDeman Line of Credit Note by and among Zero Zone, Inc and Firstar Banck N.A

 Exhibit 10.8 
  

			
	 For Bank Use Only |
Reviewed by                             

	
	 Due                 On
Demand            

		
	 Customer #    4006463                  
	 	Loan # 0001    

  
 DEMAND LINE OF
CREDIT NOTE 
  

			
	 $ 7,500,000.00
	 	AUGUST 30, 1999

  
 FOR VALUE RECEIVED, THE UNDERSIGNED
BORROWER (THE “Borrower”), promises to pay to the order of FIRSTAR BANK, MILWAUKEE, N.A.         (the “Bank”), the principal sum of SEVEN MILLION FIVE HUNDRED THOUSAND AND NO/100 Dollars
($7,500,000.00 ), or such lesser amount as may be outstanding hereunder from time to time, ON DEMAND. 
  
 Interest 
  
 The unpaid principal balance will
bear interest at an annual rate described in the Interest Rate Rider attached to this Note. 
  
 Interest Payment Schedule 
  
 Principal is
payable ON DEMAND. 
  
 Interest is payable beginning SEPTEMBER 30, 1999, and on
the same date of each CONSECUTIVE month thereafter (except that if a given month does not have such a date, the last day of such month), plus a final payment with the payment of principal. 
  
 Interest will be computed for the actual number of days principal is unpaid, using a daily
factor obtained by dividing the stated interest rate by 360. 
  
 Principal amounts
remaining unpaid after demand for payment has been made of the occurrence of automatic acceleration hereunder shall bear interest from and after that date in time until paid at a rate of 3% per annum plus the rate otherwise payable hereunder.

  
 In no event will the interest rate hereunder exceed that permitted by
applicable law. If any interest or other charge is finally determined by a court of competent jurisdiction to exceed the maximum amount permitted by law, the interest or charge shall be reduced to the maximum permitted by law, and the Bank may
credit any excess amount previously collected against the balance due or return the amount to the Borrower. 
  
 This Note may be prepaid in full or in part at any time without premium. 
  
 All amounts outstanding under this Note and all related documents are due ON DEMAND. Notwithstanding the foregoing, the unpaid principal balance of this Note, together with all interest accrued thereon and other
amounts accrued hereunder, shall automatically become immediately due and payable, without presentment, demand, protest or further notice of any kind, all of which is hereby waived, if any bankruptcy, insolvency or receivership proceedings, or an
assignment for the benefit to creditors shall be commenced under any federal or state law by or against the Borrower. 
  
 Without affecting the liability of any Borrower, endorser, surety or guarantor, the Bank may, without notice, renew or extend the time for payment, accept partial
payments, release or impair any collateral security for the payment of this Note, or agree not to sue any party liable on it. The Borrower and all endorsers, sureties and guarantors hereby waive presentment, protest, demand and notice of dishonor.

  
 This Note is issued under Demand Line of Credit Agreement dated as of the date
hereof, to which Agreement reference is made for a statement of the terms and conditions under which loans evidenced hereby were or may be made and for a description of such collateral securing this Note. 

 INTEREST RATE RIDER 
  
 This Rider is made part of the Demand Line of Credit Note (the “Note) in the original amount of $ 7,500,000.00 by the undersigned
borrower (the “Borrower”) in favor of FIRSTAR BANK MILWAUKEE, N.A. (the “Bank”) as of the date identified below. The following interest rate description is hereby added to the Note: 
  
 1. Interest Rate Options. Interest on each advance hereunder shall accrue at one of the
following per annum rates selected by Borrower (1) Upon notice to the Bank,          **         % plus the prime rate announced by the Bank from time to time, as and
when such rate change (such rate the “Floating Rate”), or (ii) upon two (2) banking days prior notice,         **         % plus the 1, 2, 3, 6, 9 or 12 month
LIBOR rate quoted by the Bank (which shall be the LIBOR rate in effect two banking days prior to commencement of the LIBOR loan advance) a “LIBOR Rate Loan”). If a LIBOR Rate Loan is prepaid, whether by the Borrower, as a result of
acceleration upon default or otherwise, the Borrower agrees to pay all of the Bank’s costs, expenses and Interest Differential (as determined by the Bank) incurred as a result of such prepayment. The term “Interest Differential” shall
mean that sum equal to the greater of 0 or the financial loss incurred by the Bank resulting from prepayment, calculated as the difference between the amount of interest the Bank would have earned (from like investments in the Money Markets as of
the first day of the LIBOR Rate Loan) had prepayment not occurred and the interest the Bank will actually earn (from like investments in the Money Market as of the date of prepayment) as a result of the redeployment of funds from the prepayment.
Because of the short term nature of the facility, the Borrower agrees that the Interest Differential shall not be discounted to its present value. In the event the Borrower does not timely select another interest rate option for a stated period
after a LIBOR Rate Loan expires, the Floating Rate shall apply. The Bank’s internal records of applicable interest rates shall be determinative in the absence of manifest error. Each rate option selected shall apply to a minimum principal
amount of $0.00 For determining time and payment dates on LIBOR Rate Loans, the London business day shall be the standard convention. 
  
 2. Notwithstanding the Bank’s willingness and agreement to provide LIBOR Rate Loan(s) to the Borrower, Borrower acknowledges that this remains a demand facility and
the Bank can demand payment of all of the obligations at any time, including all LIBOR Rate Loans that would otherwise remain outstanding for their established term but for demand for payment by the Bank. 

	**	One of the following applicable margin amounts (“Interest Rate Margin Adjustments”) 

  

							
	 Ratio of Senior Funded Debt/
 EBITDA
***

	  	Prime Margin

	 	 	LIBOR Margin

	 
	 <1.50 x 1.0
	  	-.75	%	 	1.25	%
	 31.50 x 1.0 but <2.00 x
1.0
	  	-.50	%	 	1.50	%
	 32.00 x 1.0 but <2.50 x
1.0
	  	-.25	%	 	1.75	%
	 32.50 x 1.0 but <3.00 x
1.0
	  	0	%	 	2.00	%
	 >3.00 x 1.0
	  	0	%	 	2.25	%

  

	***	(as defined and adjusted per the attached addendum) 

  

											
	 Dated as of :         August 9, 1999
	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 Zero Zone, Inc.

	 (Individual Borrower)
	 	 	 	 	 	 	 	 Borrower Name (Organization)

				
	 	 	 (SEAL)
	 	 	 	 a Wisconsin Corporation

			
	 Borrower Name
    N/A                                    
  
	 	By	 	 /s/ John Duimstra

	 	 	 	 	 	 	 	 	Name and Title John Duimstra, Treasurer
					
	 	 	 (SEAL)
	 	 	 	 	 	 
	 Borrower Name
    N/A                                    
  
	 	By	 	 /s/ Jack Van Der Ploeg

	 	 	 	 	 	 	 	 	Name and Title Jack Van Der Ploeg, President

 ADENDUM TO INTEREST RATE RIDER 
 TO $7,500,000 DEMAND NOTE (ZERO ZONE, INC.) 
  
 3. Definitions for Interest Rate Rider Margin Adjustment: 
  
 As used in the Interest Rate Rider. 
  

	 	a.	“EBITDA” means, with reference to any period, Borrower’s net income for such period plus all amounts deducted in arriving at such net income amount in respect
to (i) interest expense for such period, plus (ii) federal, state and local income taxes for such period for Borrower, or, in the case of a Subchapter S Corporation, attributable to Borrower’s shareholders in respect to their shareholder
interests, plus (iii) all amounts properly charged for depreciation of fixed assets and amortization of intangible assets under generally accepted accounting principles during such period; plus all extraordinary and unusual items for such period not
to exceed $500,000 in the aggregate. 

  

	 	b.	“Senior Funded Debt” shall mean, for each measuring period, the principal amount of Indebtedness then outstanding to Bank under Borrower’s $7,500,000 demand
line of credit facility, under all capital leases, and under any other credit facilities not subordinated to Borrower’s indebtedness to Bank on terms satisfactory to Bank. 

  
 Capitalized terms not otherwise defined in the Demand Line of Credit
Agreement or Demand Note shall have the meanings provided for in the Direct Pay Letter of Credit and Reimbursement Agreement between Bank and Borrower of even date herewith. 
  
 4. Adjustment of Interest Rate Margin Amounts: 
  
 The ratio of Senior Funded Debt to EBITDA shall be measured by Bank at and as of the end of each calendar quarter on a rolling four quarter basis and any
Interest Rate Margin Adjustments provided for above shall be effective as follows as to all then outstanding loans: 
  

	 	a.	for all outstanding floating rate loans, on the first day of the month subsequent to Bank’s receipt of financial statements evidencing a change in the ratio of Senior Funded
Debt to EBITDA; and 

  

	 	b.	for all outstanding LIBOR Rate Loans on the first day after the expiration of the then current interest period. 

 All documents attached hereto, including any appendices, schedules, riders, and exhibits to this Demand Line of Credit
Note, are hereby expressly incorporated by reference. 
  
 The Borrower hereby
acknowledges the receipt of a copy of the Note. 
  

											
	 	 	 	 	 	 	 	 	 Zero Zone, Inc.

	 (Individual Borrower)
	 	 	 	 	 	 	 	 (Borrower Name Organization)

				
	 	 	 (SEAL)
	 	 	 	 a Wisconsin Corporation

			
	 Borrower Name
                                        
        
	 	By	 	 /s/ John Duimstra

	 	 	 	 	 	 	 	 	Name and Title John Duimstra, Treasurer
					
	 	 	 (SEAL)
	 	 	 	By	 	 /s/ Jack Van Der Ploeg

	 Borrower Name
                                        
        
	 	Name and Title Jack Van Der Ploeg, President

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