Document:

Letter Agreement

 Exhibit 10.41 
  
 March 11, 2005 
  
 Malcolm Stewart 
 Vice President, DNA Medicines 
 Avecia Limited 
 Hexagon House, Blackley 
 Manchester M9 8ZS 
 England 
  

	Re:	Agreement between Corgentech Inc. and Avecia Limited, Dated December 27, 2004 

  
 Dear Malcolm: 
  
 This letter will amend the Agreement dated December 27, 2004 between Corgentech Inc. (“Corgentech”) and Avecia Limited (“Avecia”) as
previously amended by the letter from Jack X. Regan to Kevin Cox dated March 4, 2005 (as amended, the “Agreement”). Except as expressly set forth in this letter, all other terms of the Agreement shall remain unmodified and in full
force and effect. 
  
 I. Amending
Section 2.4. 
  
 Section 2.4 of the Agreement is hereby amended by
striking the section and replacing it with the following: 
  
 Upon completion of the Programme, but in no event later than April 30, 2005, Corgentech shall notify Avecia of its intention to continue future manufacturing and production of the Products at Avecia’s Grangemouth facility
(“Grangemouth”). In the event Corgentech notifies Avecia that Corgentech intends to continue future manufacturing and production at Avecia’s Grangemouth facility the parties shall negotiate in good faith an agreement governing such
production within fifteen (15) days after such notification. In the event Corgentech notifies Avecia that it does not intend to continue production at Grangemouth, Avecia shall cooperate fully in the documentation of all manufacturing and
production processes related to the Programme and the manufacture of the Products, including the Technical Information (as defined below) (“the Technology Transfer Documentation”) and communication and delivery to Corgentech of the
Technology Transfer Documentation. As part of the Technology Transfer, Avecia: (a) will deliver all equipment and assets belonging to Corgentech to Corgentech’s facility or as it may direct, and (b) hereby grants to Corgentech a
royalty-free, irrevocable, perpetual, non-exclusive, world-wide license, with power to sub-license, under all New Intellectual Property owned by Avecia pursuant to Section 5.3 below to make, use, sell, offer for sale, import, keep and otherwise
deal in the Products. “Technical Information” shall include, but not be limited to, all know-how, experience, instructions, standards, methods, test and trial results, manufacturing processes, hazard assessments, registration data, quality
control standards, formulae, Specifications, storage data, samples, drawings, designs, descriptions of packaging materials and all other relevant information relating to the Products or the design, manufacture or storage of the Products. In
consideration for the technical consultancy services relating to the Technology Transfer to Corgentech, Corgentech shall pay Avecia’s reasonable costs of producing the documentation and transferring the assets associated with the Business from
the Grangemouth facility to Corgentech (or as it shall direct), for an agreed period, not to exceed three months. Avecia and Corgentech shall each use their reasonable efforts to determine the cost of the Technology Transfer before March 31,
2005. 
  
 II. Amending Section 3.1.

  
 Section 3.1 is hereby amended by striking the first paragraph thereof
and accompanying table and replacing them with the following: 
  
 In consideration of Avecia: (i) manufacturing, selling and delivering the Products and undertaking related activities, as more particularly described in the Programme set forth in Part B of Schedule 1; and (ii) continuing
production at its Grangemouth facility, Corgentech shall prepay the purchase price for the Products, in four (4) installments. Installments 1, 2, 3 and 4 shall be as set forth in the following table. These amounts do not include the cost of raw
materials, which shall be borne by Corgentech. 
  
 Purchase
Price 
  

								
	Installment

	  	Amount
(U.S.$)

	  	 Activity

	  	Payment Date

	1	  	$	1,550,000	  	Programme commencement and January production as set forth in Schedule 1	  	December 28, 2004
	2	  	$	1,550,000	  	February production as set forth in Schedule 1	  	January 15, 2005
	3	  	$	1,550,000	  	March production as set forth in Schedule 1	  	February 15, 2005
	4	  	$	1,550,000	  	April production as set forth in Schedule 1	  	March 15, 2005

 III. Amending Schedule 1. 
  
 Schedule 1 is hereby amended by adding the April production schedule attached to this
letter. 
  
 Corgentech Inc. 
  

			
	By:	 	 /s/ Jack X. Regan

	 	 	Jack X. Regan
	 	 	Vice President, Manufacturing
	
	Accepted and agreed,
	Avecia Limited
		
	By:	 	 /s/ Malcom J. Stewart

	Name:	 	Malcom J. Stewart
	Title:	 	Vice President DNA Medicines

 Q1 2005 Avecia Requirements 
  

							
	 	 	 Additional April Requirements

	  	 Existing Q1 Requirements

	  	 Progress as Possible

	  
  
  

 
  
  
  
 NFkB DECOY
	 	 •      Complete Manufacture of
Campaign 2 - duplex D7000/004 - on test
  
 •      Complete swab recovery work for D7000
  
 •      Complete cleandown method validation
	  	 •      Campaign 2 - duplex
D7000/003 - on test
  
 •      Campaign 1 - second duplex run
  
 •      Qualification of cleaning methods(complete)
  
 •      Routine
stability testing Campaign 1
  
 •      Close out complaint for particulate deviation, CGT to provide information on particulate identitiy
  
 •      Collect in-process fraction samples
  
 •      D7000/001/04K split down/release
	  	 •      Initiate Campaign 2 stability (CGT to
request)

				
	  
  
  

 
  
  
  
  
  
  
  
  
  
  
  
 E2F DECOY
	 	 Cleaning Revalidation Activities:
  
 •      Complete
all cleaning failure investigation CA/PAs
  
 •      Approve Campaign 6 Cleaning Validation Plan
  
 •      Progress on validation of D1700 cleaning methods
  
 •      Complete
dirty hold and clean studies
  
 •      Complete Operating Instructions/train on visually clean criteria
  
 •      Progress on Operating Instructions/training on swab recovery procedure
  
 Campaign #6 Start-up Activities:

 
 •      Initiate installation and IQ/OQ of D1700-dedicated equipment
  
 •      Initiate/route for approval D1700 PI Sheet changes
  
 •      Initiate/route for approval D1700 Process Description changes
  
 •      Insure raw material supply to support a minimum of 2 runs of D1702 &1 run of
D1701(CGT to authorize orders)
  
 •      Routine stability testing Pre-process validation and process validation lots
	  	 •      D1700 Restart Plan
including generation/approval of all required cleaning documentation and schedule for dedicated equipment installation
  
 •      IEX study for D1700 stress/photostability studies
  
 •      Routine
stability testing
  
 •      Close out cleaning failure investigation
  
 •      Incorporate vendor COA’s in PDF’s for solid support
  
 •      Trial
both SSI and IP revised RP-HPLC methods and initiate SSI method qualification
  
 •      Complete all technical reports including process validation
	  	 •      Generate and finalize a
300mmol Scale-up Plan
  
 •      Support for Drug Product degradation studies –LCMS(scope in development)

				
	 HIF
	 	 * Hold inventory
	  	 N/A
	  	 N/A

				
	  
  
  

GENERAL
	 	 •      Host mock PAI (CGT/BMS/Auditor)
	  	 •      Update Intertek Quality Agreement
  
 •      Monthly
Inventory Reports (all products)
  
 •      PAI readiness
  
 •      Address major observations from pre-audit
  
 •      Control of dedicated equipment
	  	 •      Scientific Publication assistanceForm of Amended and Restated Escrow Agreement

 EXHIBIT 10.1 
  
 AMENDED AND RESTATED 
  
 ESCROW AGREEMENT 
  
 THIS AMENDED AND RESTATED AGREEMENT (this “Agreement”) is entered into as of this 14th day of November, 2005, by and among The Frontier Fund, a Delaware statutory trust (the “Trust”), Equinox Fund Management, LLC, a
limited liability company formed under the laws of the state of Delaware (“Equinox” and together with the Trust, the “Company”), Bornhoft Group Securities Corporation, a corporation affiliated with the Managing Owner
(“BGSC”), and U.S. Bank National Association, a national banking association (“Escrow Agent”). All capitalized terms used herein and not defined shall have the meanings set forth in the prospectus of the Trust, including all the
appendices and exhibits thereto, as the same may be amended and updated from time to time (the “Prospectus”). 
  
 RECITALS 
  
 A. Equinox serves as the managing owner of the Trust and has complete management authority over the Trust. 
  
 B. The Trust is conducting a private offering of units of beneficial interest
(the “Units”) in eight (8) separate and distinct Series – Balanced Series, Graham Series, Beach Series, Campbell/Graham Series, Currency Series, Long Only Commodity Series, Long/Short Commodity Series and Managed Futures Index
Series – under applicable state and Federal laws and regulations (the “Offering”). The Long Only Commodity Series, Long/Short Commodity Series and Managed Futures Index Series and Class 1a and Class 2a of the Balanced Series are being
offered at an initial price of $100.00 per Unit. The Graham Series, Beach Series, Currency Series and Campbell/Graham Series and Class 1 and Class 2 of the Balanced Series have reached their Threshold Amounts (as defined below) and the
Subscribers’ monies attributable to such Units have been released to the Company. Therefore, such Units are no longer subject to this Agreement. 
  
 C. The Company wishes to assure those who subscribe for any of the Units (the “Subscriber”) that the Subscribers’ monies will be released
to the Company only if and when not less than the following amounts as determined in accordance with the methods below (the “Threshold Amount”) in subscriptions from such number of investors for each Series as set forth in the Prospectus
(which number shall be provided in writing to the Escrow Agent by the Company) are accepted by the Company from the sale of Units and upon the direction of the Company, it being understood that release of monies may be for each Series separately:

  

				
	 Name of Series

	  	Threshold
Amount

	 Class 1a and Class 2a of Balanced Series
	  	$	1,000
	 Long Only Commodity Series
	  	$	1,000
	 Long/Short Commodity Series
	  	$	1,000
	 Managed Futures Index Series
	  	$	1,000

  
 D. The Company desires
to provide for the safekeeping of the proceeds of the Offering until such time as subscriptions for the Units in any Series totaling the Threshold Amount (or such greater amount as the Company may direct in writing) have been received and upon the
direction of the Company, or until such time as the Escrow Agent is required to pay and return such proceeds to the payors upon the terms hereinafter provided. 
  

AGREEMENT 
  

	1.	Deposit and Disbursement. 

  
 a. The Escrow Agent hereby agrees to receive and disburse the proceeds from the Offering and any interest earned thereon in accordance with the terms of
this Agreement. 

 b. The Company or its authorized placement agents, on behalf of the Subscribers, shall from time to time
cause to be wired or deposited with the Escrow Agent all proceeds received from the sales of Units by 12:00 p.m., New York City time, the next business day following the receipt of such proceeds by the Company or its authorized placement agents.
Such proceeds shall be placed in a special interest-bearing escrow account, in the appropriate sub-account at the Escrow Agent designated for each Series (the “Escrow Account”) until the Threshold Amounts for each Series (or such greater
amount as the Company may direct in writing) have been deposited in said account. The Company shall direct Subscribers to identify the Series for which such deposits are being made, and direct subscribers to make payments to the Escrow Agent using
the instructions identified on Exhibit C attached hereto and incorporated herein. All proceeds are to be deposited in the Escrow Account within three (3) business days after receipt by Escrow Agent. 
  
 c. As deposits are made in the Escrow Account and at least every 3rd business
day, the Company shall cause to be delivered to the Escrow Agent with each such deposit a list showing the name, address, and tax identification number of each Subscriber as well as the name and address of each payor, by Series, which list shall not
be cumulative but shall identify only new deposits. The Escrow Agent shall keep a current list by Series of the persons who have subscribed for the Units and deposited money, showing name, date, address and amount of each subscription. All funds so
deposited shall remain the property of the Subscribers, subject to the provisions of Section 5 herein. The Escrow Agent shall promptly forward to the Company any subscription agreements which it may receive directly from Subscribers.

  
 d. If the Company rejects any subscriptions for which the
Escrow Agent has already collected funds, or in the event that the Subscriber rescinds its subscription in conformity with the requirements of the North American Securities Administrators Association Inc. Guidelines for Registration of Commodity
Pool Programs, which rescission has been approved by the Company and the Company has notified the Escrow Agent thereof, the Escrow Agent shall promptly issue a refund check to the payor, in the amount of the original deposit collected from such
payor via first class U.S. mail, with interest and without deduction for expenses. If the Company rejects any subscription for which the Escrow Agent has not yet collected funds but has submitted the Subscriber’s check for collection, the
Escrow Agent shall promptly issue a check in the amount of the rejected Subscriber’s check upon actual collection. The Escrow Agent shall promptly remit the Subscriber’s check directly to the Subscriber. 
  
 e. In the event that the Threshold Amount for any Series is not deposited
with Escrow Agent on or before the date for the closing of the initial offering period as set forth in the Prospectus, which date shall be provided to the Escrow Agent in writing by the Company (unless that date is extended in accordance therewith,
and the Company has notified the Escrow Agent in writing of such extension), a copy of which is attached hereto as Exhibit A, the Escrow Agent shall promptly return the funds which have been deposited in the Escrow Account to the payors (in the same
way described above in Section 1 (d)), in the amount and to the addresses as shown on its records, plus any Interest Income earned on such subscription funds. 
  
 f. Upon receipt of (i) the Threshold Amount for each Series (or such greater amount as the Company may direct in
writing) and (ii) written confirmation from the Company that funds may be released from escrow, the Escrow Agent shall release the escrow funds, including all Interest Income to the Trust. At the Company’s option, it may continue to
deposit proceeds from the sale of additional Units (after receipt and/or distribution of the Threshold Amount or any greater amount as directed in writing by the Company) and to direct the disbursement from time to time of funds so deposited after
subscriptions for the Threshold Amount have been received but not to exceed 3 months from the date of this Agreement. 
  

	2.	Responsibilities and Obligations of Escrow Agent. 

  
 a. The Escrow Agent assumes no responsibilities, obligations, or liabilities except those expressly provided for in this Agreement as follows: 

 
 (1) The Escrow Agent shall have no responsibility,
obligation or liability to any person with respect to any action taken, suffered or omitted to be taken by it in good faith under this Agreement and shall in no event be liable hereunder except for its gross negligence or willful misconduct.

  
 (2) Notwithstanding anything herein to the
contrary, no reference in this Agreement to any other agreement, including but not limited to Exhibit A, shall be construed or deemed to enlarge the responsibilities, obligations, or liabilities of the Escrow Agent as set forth in this Agreement,
and the Escrow Agent is not charged with knowledge of any other agreement. 
  
 b. The Escrow Agent shall be protected in relying upon the truth of any statement contained in any requisition, notice, request, certificate, approval, consent or other proper paper, and in acting on any such
document, which on its face and without inquiry as to any other facts, appears to be genuine and to be signed by the proper party or parties, and is entitled to believe all signatures are genuine and that any person signing any such paper who claims
to be duly authorized is in fact so authorized. 

 c. The Escrow Agent shall be entitled to act on any instruction given to it in writing and signed by an
authorized signatory of the Company and shall be fully protected in doing so. 
  
 d. The Escrow Agent shall be entitled to act in accordance with any court order or other final determination by any governmental authority with jurisdiction of any matter arising hereunder. 
  
 e. The Escrow Agent shall have no responsibility for, and makes no
representation as to the value, validity or genuineness of any article, asset or document deposited with Escrow Agent in the Escrow Account under this Agreement, provided that it will give notice to the Company of any check for money not credited
and the reason stated therefore and of any discrepancy with respect to the value, validity or genuineness of any article, asset or document so deposited if and when it has actual knowledge thereof. 
  
 f. The Escrow Agent shall have no responsibility to make payments out of the
Escrow Account for any amount in excess of the amount of collected funds deposited in the Escrow Account, together with interest earnings thereon, at the time any payment is to be made. 
  
 g. If any controversy arises between the parties hereto or with any third person relating to the Escrow Account, the Escrow
Agent shall not be required to resolve the same or to take any action to do so but may at its discretion, institute such interpleader or other proceedings as it deems proper. The Escrow Agent may rely on any joint written instructions as to the
disposition of funds, assets, documents or other assets held in escrow hereunder. 
  
 h. The Escrow Agent may execute any of its powers or responsibilities hereunder and exercise any of its rights hereunder either directly or by or through its agents or attorneys. Nothing in this Agreement shall be
deemed to impose upon the Escrow Agent any duty to qualify to do business or to act as a fiduciary or otherwise in any jurisdiction. The Escrow Agent shall not be responsible for and shall not be under a duty to examine or pass upon the validity,
binding effect, execution or sufficiency of the Agreement or of any agreement amendatory of supplemental hereto or of any other agreement. 
  

	3.	Investment of Escrow Funds. 

  
 The Escrow Agent shall invest funds in an interest-bearing U.S. Bank Money Market Savings Account. Equinox acknowledges that this is a FDIC insured U.S.
Bank Money Market Deposit Account designed to meet the needs of U.S. Bank Corporate Trust Services Escrow Group and other Corporate Trust customers of U.S. Bank National Association. This is a tiered account and the interest rate paid on the account
is based upon the daily balance maintained in your account. U.S. Bank National Association uses the daily balance method to calculate interest on these accounts. This method applies a daily periodic rate to the principal balance in the account each
day. Interest is accrued daily and credited monthly to the account. The owner of the accounts is U.S. Bank as Agent for its customers. At our discretion, we may change the interest rate for the Money Market Deposit Accounts at any time. All account
deposits and withdrawals are performed by U.S. Bank National Association. Any and all interest earned on the Proceeds after the deposit shall be added to the Proceeds and shall become a part thereof. All entities entitled to receive interest from
the escrow account will provide Escrow Agent with a W-9 or W-8 IRS tax form prior to the disbursement of interest. A statement of citizenship will be provided I requested by the Escrow Agent. The Escrow Agent shall have no responsibility for
preparing or filing any Federal or state tax returns in connection therewith. 
  

	4.	Compensation of Escrow Agent. 

  
 The Escrow Agent shall be paid reasonable compensation as set forth on Exhibit B attached hereto and incorporate herein, for services hereunder and shall
be reimbursed for any actual out-of-pocket expenses incurred by the Escrow Agent for performing its duties hereunder. Payment of all fees shall be the responsibility of the Company and may, to the extent of unpaid fees and expenses, be deducted from
any property placed within the escrow with Escrow Agent, which belongs to the Company. 
  
 In the event that the Escrow Agent is made a party to litigation with respect to the property held hereunder, or brings an action in interpleader or in the event that the conditions of this escrow are not promptly
fulfilled, or the Escrow Agent is required to render any service not provided for in this Agreement, or there is any assignment of the interest of this escrow or any modification hereof, the Escrow Agent shall be entitled to reasonable compensation
for such extraordinary services and reimbursement for all fees, costs, liability and expenses, including reasonable attorneys’ fees. The Escrow Agent may amend its fee schedule from time to time on ninety (90) days prior written notice to
the Company, provided, however, that any fee increase shall not exceed 10% of the amounts set forth on the existing fee schedule. 

	5.	Indemnification of Escrow Agent. 

  
 The Company hereby indemnifies and hold harmless the Escrow Agent against any and all claims, losses, and damages it may suffer in connection with its
carrying out the terms of this Agreement, including, without limitation, the Escrow Agent’s unpaid fees and reimbursable expenses, but excluding any loss the Escrow Agent may sustain as a result of its gross negligence or willful misconduct.
The Escrow Agent shall have a lien or right of setoff on all Company funds, monies or other assets held hereunder to pay all of its fees and reimbursable expenses permitted under this Agreement. The obligations of the Company under this
Section 5 shall survive termination for any reason of this Agreement or resignation or removal of Escrow Agent. 
  

	6.	Termination and Resignation. 

  
 a. This Agreement shall terminate when (i) the Escrow Agent or its successor or assign receives written notification of termination from the Company
including final disposition instructions signed by the Company, and (ii) there occurs the actual final disposition of the monies held in escrow hereunder as provide in this Agreement. The rights and obligations of the Escrow Agent shall survive
the termination of this Agreement. 
  
 b. The Escrow Agent may
resign at any time and be discharged from its duties as Escrow Agent hereunder by giving the Company not fewer than thirty (30) days prior written notice thereof. As soon as practicable after its resignation, the Escrow Agent shall turn over to
a successor escrow agent appointed by the Company all monies held hereunder upon presentation of the document from the Company appointing a successor escrow agent and its acceptance of appointment. If no successor has been appointed by the Company,
the Escrow Agent may designate its successor by written notice to the Company so long as any such successor is a bank or trust company. Upon the designation of a successor escrow agent and the delivery to a resigning escrow agent of the document
appointing such successor escrow agent and its acceptance of appointment, the resigning escrow agent shall be released from any and all liabilities arising thereafter except as provided in Sections 2(a)(1) and (5) of this Agreement. 

 
 If no successor escrow agent is appointed by the Company within the thirty
(30) day period following such notice of resignation, the Escrow Agent reserves the right to forward the matter and all monies and other property held by the Escrow Agent pursuant to this Agreement to a court of competent jurisdiction at the
expense of the Company. 
  
 c. The Company may discharge the
Escrow Agent and appoint a successor escrow agent hereunder at any time by giving the Escrow Agent no fewer than thirty (30) days prior written notice thereof. As soon as practicable after its discharge, the Escrow Agent shall turn over to the
successor escrow agent appointed by the Company all monies held hereunder upon presentation of the document from the Company appointing such successor escrow agent and its acceptance of appointment. Upon the designation of a successor escrow agent,
the delivery of the document appointing a successor escrow agent and the delivery of all monies held hereunder to such successor escrow agent pursuant to the immediately preceding sentence, the discharged escrow agent shall be released from any and
all liabilities arising thereafter except as provided in Sections 2(a)(1) and 5 of this Agreement. 
  

	7.	Notices. 

  
 All notices provided for herein shall be in writing, shall be delivered by hand or by registered or certified mail and shall be deemed given when actually received, and shall be addressed to the parties hereto at
their respective addresses, which may be changed by any party from time to time by written notice to all other parties hereto as follows: 
  

	 	a.	If to the Company: 

 Equinox Fund Management, LLC

 1660 Lincoln Street, Suite 100 
 Denver, Colorado 80264 
 Attn: Brent Bales 
 (303) 572-1000 (tel.) 
 (303) 832-9354 (fax) 
  

	 	b.	If to BGSC: 

 1660 Lincoln Street, Suite 100 
 Denver, Colorado 80264 
 Attn: Brent Bales

 (303) 572-1000 (tel.) 
 (303)
832-9354 (fax) 

	 	c.	If to the Escrow Agent: 

 U.S. Bank Corporate Trust
Services 
 60 Livingston Avenue, EP-MN-WS3T 
 St. Paul, Minnesota 55107-2292 
 Attn: Leye Fadahunsi 
 (651) 495-3726 (tel.) 
 (651) 495-8087 (fax)

 With a fax copy to: 
 Dawnita
Ehl 
 (206) 344-4685 (tel.) 
 (206) 344-4630 (fax) 
  

	8.	Disclosure. 

  
 The parties hereby agree not to use the name of U.S. Bank National Association to imply an association with the Offering other than that of a legal escrow agent. 
  

	9.	Brokerage Confirmation. 

  
 The parties acknowledge that to the extent regulations of the Comptroller of Currency or other applicable regulatory entity grant a right to receive
brokerage confirmations of security transactions of the escrow, the parties waive receipt of such confirmations to the extent permitted by law. The Escrow Agent shall furnish a statement of security transactions on its regular monthly reports to the
Company. 
  

	10.	Parties Bound. 

  
 This Agreement shall extend to and be binding upon the respective successors, representatives, and assigns of the Company and Escrow Agent. 
  

	11.	Entire Agreement. 

  
 This Agreement constitutes the entire agreement of the parties hereto with respect to the subject matter hereof and cannot be modified, amended,
supplemented, or changed, nor can any provisions hereof be waived, except by written instrument executed by the parties hereto. 
  

	12.	Assignment. 

  
 Neither party may assign its rights or obligations under this Agreement without the written consent of the other party hereto. 
  

	13.	Applicable Law. 

  
 The Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Colorado. 
  

	14.	Severability. 

  
 If at any time subsequent to the date hereof, any provision of this Agreement shall be held by a court of competent jurisdiction to be illegal, void, or
unenforceable, such provision shall be of no force or effect, and shall be limited or expanded in scope so as to carry out the intent of the parties as expressed herein to the greatest extent possible. The illegality or unenforceability of any such
provision shall have no effect upon and shall not impair the enforceability of any other provision of this Agreement. 
  

	15.	Counterparts. 

  
 This Agreement may be executed in any number of counterparts, each of which shall be deemed to be one and the same instrument. The exchange of copies of
this Agreement and of signature pages by facsimile transmission shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original Agreement for all purposes. Signatures of the parties
transmitted by facsimile shall be deemed to be their original signatures for all purposes. 

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

  

			
	 THE FRONTIER FUND

		
	 	 	 
		
	 Name:
	 	  
		
	 Title:
	 	 
	
	 EQUINOX FUND MANAGEMENT, LLC

		
	 	 	 
		
	 Name:
	 	  
		
	 Title:
	 	 
	
	 U.S. BANK NATIONAL ASSOCIATION

		
	 	 	 
		
	 Name:
	 	  
		
	 Title:
	 	 
	
	 BORNHOFT GROUP SECURITIES CORPORATION

		
	 	 	 
		
	 Name:
	 	  
		
	 Title:
	 	 

 Exhibit A 

 Exhibit B 
  
 Schedule of Fees for Services as Escrow Agent 
  
 Escrow Agent 
  
 For 
  
 The
Frontier Fund/ 
  
 Equinox Fund Management, LLC/ 
  
 Bornhoft Group Subscription Escrow 
  
 Administrative Fees Billed One Time 
  

						
	 04480
	  	Escrow Agent, One Time	  	$	750.00

  
 One time fee for
performance of the routine duties of the agent in administration of the escrow account. Administration fees are payable in advance 
  
 Direct Out of Pocket Expenses 
  
 At Cost 
  
 Reimbursement of expenses associated with the performance of our duties, including but not limited to publications, legal counsel after the initial close,
travel expenses and filing fees 
  
 Extraordinary Services

  
 Extraordinary services are duties or responsibilities
of an unusual nature, including termination, but not provided for in the governing documents or otherwise set forth in this schedule. A reasonable charge will be assessed based on the nature of the service and the responsibility involved. At our
option, these charges will be billed at a flat fee or at our hourly rate then in effect. 
  
 Account approval is subject to review and qualification. Fees are subject to change at our discretion and upon written notice. Fees paid in advance will not be prorated. The fees set forth above and any subsequent
modifications thereof are part of your agreement. Finalization of the transaction constitutes agreement to the above fee schedule, including agreement to any subsequent changes upon proper written notice. In the event your transaction is not
finalized, any related out-of-pocket expenses will be billed to you directly. Absent your written instructions to sweep or otherwise invest, all sums in your account will remain uninvested and no accrued interest or other compensation will be
credited to the account. Payment of fees constitutes acceptance of the terms and conditions set forth. 
  
 IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: 
  
 To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to
obtain, verify and record information that identifies each person who opens an account. 
  
 For a non-individual person such as a business entity, a charity, a Trust or other legal entity we will ask for documentation to verify its formation and existence as a legal entity. We may also ask to see financial statements, licenses,
identification and authorization documents from individuals claiming authority to represent the entity or other relevant documentation. 
  
 Dated: November 9, 2005 

 Exhibit C 
  
 Payment instructions: 
  

			
	 If by check:
	  	If by wire:
		
	 U.S. Bank National Association
	  	U.S. Bank National Association
	 Attn: Leye Fadahunsi
	  	ABA #091000022
	 Lockbox Services-CM9705
	  	BNF: US Bank Trust Acct # 180121167365
	 P.O. Box 70870
	  	REF: Frontier Funds 2005 [series name]
	 St. Paul, MN 55170-9705
	  	Attn: Leye Fadahunsi 651-495-3726

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