Document:

EX-10.8(c)

 Exhibit 10.8(c) 

August 8, 2014 
 Morgan Stanley Smith Barney LLC 

522 Fifth Avenue, 13th Floor 
 New York, New York 10036 

 

	Re:	Ceres Managed Futures LLC: Amended Schedules 1 and 2 to the Alternative 

 Investment
Selling Agent Agreement 
 Ladies and Gentlemen: 

Pursuant to paragraph 13(c) of the Alternative Investment Selling Agent Agreement dated November 12, 2013, as amended on March 1,
2014; April 7, 2014 and as further amended from time to time (the “Agreement”), between, among others, Ceres Managed Futures LLC (“CMF”), the general partner of each of the limited partnerships listed on Schedule
1 thereto (each, a “Partnership,” and together, the “Partnerships”), and Morgan Stanley Smith Barney LLC (“MSSB”), CMF is hereby confirming that Schedules 1 and 2 to the Agreement are hereby deleted in their
entirety and replaced with Schedules 1 and 2 attached hereto effective as of October 1, 2014. 
 Notwithstanding anything to the
contrary in the Agreement, by signing below MSSB hereby agrees to, acknowledges and accepts the amendment of the Agreement, effective as of October 1, 2014. 

 If the foregoing is in accordance with your understanding of our discussions, kindly sign and
return to us a counterpart hereof (by mail, facsimile or email) as soon as possible. 
  

					
	Sincerely,
		
		 	CERES MANAGED FUTURES LLC
			
		 	By:	 	 /s/ Alper Daglioglu

		 		 	Alper Daglioglu
		 		 	President and Director
		
		 	EACH PARTNERSHIP LISTED ON
		 	SCHEDULE 1 HERETO
		
		 	By: Ceres Managed Futures LLC, the general partner of each Partnership
			
		 	By:	 	 /s/ Alper Daglioglu

		 		 	Alper Daglioglu
		 		 	President and Director

  

			
	Confirmed, accepted and agreed to:
	
	MORGAN STANLEY SMITH BARNEY LLC
		
	By:	 	 /s/ Jeremy Beal

	Name:	 	Jeremy Beal
	Title:	 	Executive Director

  
 Page 2 

 SCHEDULE 1 
  

					
	 PARTNERSHIP
	 	 STATE AND DATE OF

ORGANIZATION
	 	 EFFECTIVE DATE

	Managed Futures Premier Aventis II L.P.	 	New York; April 20, 2005	 	October 1, 2013

  
 Page 3 

 SCHEDULE 2 
  

			
	 PARTNERSHIP
	 	 ONGOING SELLING AGENT FEE

	Managed Futures Premier Aventis II L.P.	 	2.00% per year of the adjusted net assets of the Partnership (computed monthly by multiplying the adjusted net assets of the Partnership by 2.00% and dividing the result thereof by 12)1

  

	1 	Adjusted net assets are month-end Net Assets increased by that current month’s ongoing selling agent fee, management fee, the general partner’s administrative fee, the incentive
fee accrued, other expenses and any redemptions or distributions as of the end of such month. 

  
 Page 4EX-10.3(d)

 Exhibit 10.3(d) 

August 8, 2014 
 Morgan Stanley Smith Barney LLC 

522 Fifth Avenue, 13th Floor 
 New York, New York 10036 

 

	Re:	Ceres Managed Futures LLC: Amended Schedules 1 and 2 to the Alternative Investment Selling Agent Agreement 

Ladies and Gentlemen: 
 Pursuant to paragraph
13(c) of the Alternative Investment Selling Agent Agreement dated November 12, 2013, as amended on March 1, 2014; April 7, 2014 and as further amended from time to time (the “Agreement”), between, among others, Ceres
Managed Futures LLC (“CMF”), the general partner of each of the limited partnerships listed on Schedule 1 thereto (each, a “Partnership,” and together, the “Partnerships”), and Morgan Stanley Smith Barney LLC
(“MSSB”), CMF is hereby confirming that Schedules 1 and 2 to the Agreement are hereby deleted in their entirety and replaced with Schedules 1 and 2 attached hereto effective as of October 1, 2014. 

Notwithstanding anything to the contrary in the Agreement, by signing below MSSB hereby agrees to, acknowledges and accepts the amendment of
the Agreement, effective as of October 1, 2014. 

 If the foregoing is in accordance with your understanding of our discussions, kindly sign and
return to us a counterpart hereof (by mail, facsimile or email) as soon as possible. 
 Sincerely, 

 

			
	CERES MANAGED FUTURES LLC
		
	By:	 	/s/ Alper Daglioglu
		 	 Alper Daglioglu
 President and
Director

	
	 EACH PARTNERSHIP LISTED ON
 SCHEDULE
1 HERETO

	
	 By: Ceres Managed Futures LLC, the

general partner of each Partnership

		
	By:	 	/s/ Alper Daglioglu
		 	Alper Daglioglu
		 	President and Director

  

			
	 Confirmed, accepted and agreed to:
  

MORGAN STANLEY SMITH BARNEY LLC

		
	By:	 	/s/ Jeremy Beal
	Name:	 	Jeremy Beal
	Title:	 	Executive Director

  
 Page 2 

 SCHEDULE 1 
  

					
	 PARTNERSHIP
	  	 STATE AND DATE OF ORGANIZATION
	  	 EFFECTIVE DATE

	Managed Futures Premier Warrington L.P.	  	New York, November 28, 2005	  	October 1, 2013

  
 Page 3 

 SCHEDULE 2 
  

			
	 PARTNERSHIP
	  	 ONGOING SELLING AGENT FEE

	Managed Futures Premier Warrington L.P.	  	2.00% per year of the adjusted net assets of Class A Units and 0.75% per year of the adjusted net assets of Class D Units (computed monthly by multiplying the adjusted net assets of the Class A Units by 2.00% and the adjusted net
assets of the Class D Units by 0.75% and dividing the result thereof by 12)1

  

	1 	Adjusted net assets are month-end Net Assets increased by that month’s ongoing selling agent fee, advisory fee, profit share allocation accrual, the general partner’s administrative fee and other expenses and
any redemptions or distributions as of the end of such month. 

  
 Page 4SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE
CONFIDENTIAL TREATMENT FOR THOSE TERMS
HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS
HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).

 

Exhibit 10.1

 

Amendment to Terminaling Services Agreement
dated as of July 1, 2014 by and between Center Point Terminal Company, LLC and Apex Oil Company, Inc.

 

AMENDMENT TO TERMINALING SERVICES AGREEMENT

 

(July 1, 2014)

 

This Amendment is made effective the 1st
day of July, 2014 between Center Point Terminal Company, LLC, a Delaware limited liability company (“Terminal”),
and Apex Oil Company, Inc., a Missouri corporation (“Customer”).

 

RECITALS

 

A.Terminal and Customer are party to that certain Terminaling
Services Agreement dated August 14, 2013, as amended (the “Agreement”), which Agreement provides for
the storage and handling of various petroleum products as specified therein at the Terminal Facilities.

 

B.Terminal and Customer desire to amend the Agreement
to increase Customer’s Stipulated Volumes at the Albany, Baltimore and Newark Terminal Facilities as provided for in the
Agreement and pursuant to the terms and conditions contained herein.

 

AGREEMENT

 

In consideration of the foregoing, the mutual
covenants herein contained and other good and valuable consideration (the receipt, adequacy and sufficiency of which are hereby
acknowledged by the parties by their execution hereof), the parties agree as follows:

 

1.Definitions. All capitalized terms not otherwise
expressly defined herein shall have the respective meanings given thereto in the Agreement.

 

2.Amendments.

 

2.1.Additional Storage at the Albany Terminal Facility.
Terminal agrees to reserve for Customer at the Albany Terminal Facility, on the same terms and conditions as set forth in the Agreement,
dedicated storage for Products in one or more tanks having a total safe fill capacity of 242,062 barrels. Pursuant to Section 4
of the Agreement, Customer’s Stipulated Volume in respect of the Albany Terminal Facility shall be increased to 762,062 barrels
as shown on the Seventh Amended Schedule B attached hereto and incorporated herein by this reference.

 

2.2Additional Storage at the Baltimore Terminal Facility.
Terminal agrees to reserve for Customer at the Baltimore Terminal Facility, on the same terms and conditions as set forth in the
Agreement, additional commingled, non-dedicated storage for Products in one or more tanks having a gross shell capacity of 45,000
barrels. Pursuant to Section 4 of the Agreement, Customer’s Stipulated Volume in respect of the Baltimore Terminal Facility
shall be increased to 806,900 barrels as shown on the Seventh Amended Schedule B attached hereto and incorporated herein by this
reference.

 

    	 

    	 

    

 

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE
CONFIDENTIAL TREATMENT FOR THOSE TERMS
HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS
HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).

 

2.3.Additional Storage at the Newark Terminal Facility.
Terminal agrees to reserve for Customer at the Newark Terminal Facility, on the same terms and conditions as set forth in the Agreement,
additional commingled, non-dedicated storage for Products in one or more tanks having a gross shell capacity of 34,500 barrels.
Pursuant to Section 4 of the Agreement, Customer’s Stipulated Volume in respect of the Newark Terminal Facility shall be
increased to 433,000 barrels as shown on the Seventh Amended Schedule B attached hereto and incorporated herein by this reference.

 

 

3.No Other Modifications. Nothing contained herein
in any way impairs the Agreement or alters, waives, annuls, varies or affects any provision, condition or covenant therein, except
as specifically set forth in this Amendment to the Agreement. All other terms and provisions of the Agreement remain in full force
and effect.

 

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

 

	 	CENTER POINT TERMINAL COMPANY, LLC
	 	 	 
	 	By:  	/s/ Steven G. Twele
	 	 	Steven G. Twele
	 	 	Vice President and Chief Financial Officer
	 	 	 
	 	APEX OIL COMPANY, INC.
	 	 	 
	 	By:	/s/ Jeffery H. Call
	 	 	Jeffery Call
	 	 	President

  

    	 

    	 

    

 

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE
CONFIDENTIAL TREATMENT FOR THOSE TERMS
HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS
HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).

 

SEVENTH AMENDED SCHEDULE B

 

(Effective as of July 1, 2014)

 

STIPULATED VOLUMES, STORAGE RATES PER
BARREL AND TYPES OF PRODUCT

 

	 	Albany	Baltimore	Chesapeake	Gates	Glenmont	Jacksonville	Newark	Total
	Stipulated Volumes/bbl	762, 062	806,900	78,400[1]	228,544[2]	1,719,678	332,376[3]	433,000	4,360,960 (excluding biodiesel and asphalt)
	Storage Rates/bbl*	$[**]	$[**]	$[**]	$[**]	$[**]	$[**]	$[**]	 
	Biodiesel volumes/bbl	 	 	 	 	 	 	500	500
	Biodiesel Storage Rates/bbl*	 	 	 	 	 	 	$[**]	 
	Asphalt Stipulated Volumes/bbl	 	 	165,000	 	 	 	 	 
	Asphalt Storage Rates/bbl*	 	 	$[**]	 	 	 	 	 

  

* Subject to adjustment as provided
in Section 4.6.

 

 

 

1
Stipulated volumes reduced by the amount contracted to Perdue Grain and Oilseed, LLC (“Perdue”) (see
First Amended Schedule B effective August 14, 2013); Apex Oil Company Inc.’s initial contract term extended for one (1)
additional year (see First Amended Schedule A effective August 14, 2013); Stipulated volumes further reduced by additional amounts
contracted to Perdue and amounts contracted to Musket Corporation effective November 1, 2013.

2
Stipulated volumes reduced by amounts contracted to World Fuel Service Corporation effective October 1, 2013.

3
Stipulated volumes reduced by amounts contracted to Musket Corporation effective December 1, 2013.

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