Document:

Form of Promissory Note

 Exhibit 10.23 
 Promissory Term Note 
  

			
	Amount: $300,000	  	Date: June 28, 2011

 FOR VALUE RECEIVED, the undersigned, T3 Motion, Inc., a Delaware Corporation (“Borrower”), maintaining an
address at 2990 Airway Ave., Bldg A, Costa Mesa, CA 92626, promises to pay to the order of Ki Yong Nam and Yeong Hee Nam, Trustees of the Nam Family Trust DTD 2/17/97, residing at 22701 Pelican Hill Rd South Newport Coast CA 92657
(“Lender”), the principal sum of up to $300,000 (the “Principal”), together with interest thereon at the rate of 12.0% per year from the date herein. 

Interest shall begin accruing on April 25, 2011 and shall be payable monthly on the 15th of each month commencing June 2011. The entire Principal, together
with any accrued but unpaid interest, shall be fully paid on or before April 25, 2012 (the “Maturity Date”). At the Borrower’s sole option, the Maturity Date may be extended for one year to April 25, 2013. 

All or any part of the Principal may be prepaid at any time and from time to time without penalty. Payments shall be applied first to accrued interest
and the balance to the Principal. 
 All payments hereunder shall be made to such address as may from time to time be designated by Lender and
must be made in United States funds. 
 Borrower and all other parties to this Note, whether as endorsers, guarantors or sureties, agree to
remain fully bound until this note shall be paid in full and waive demand, presentment and protest and all notices hereto. Borrower further agrees to remain bound by this Note notwithstanding any extension, modification, waiver, or other indulgence,
failure, discharge or release of any obligation hereunder. 
 The Lender’s failure to exercise any right or option hereunder does not
constitute a waiver of any future right or option. 
 No modification to this document or indulgence by any holder hereof shall be binding
unless in writing. 
 If any provision of this Note is deemed unenforceable, in whole or in part, for any reason, the remaining provisions shall
still remain in full force and effect. 
 This Note shall take effect as a sealed instrument and is made and executed under, and is in all
respects governed by, the laws of: the State of California. 
  

									
	T3 MOTION, INC. (Borrower)	 	Ki Yong Nam, Trustee (Lender)	 	
					
	By:	 	  
	 		 	  
	 	
		 	Signature	 		 	Signature	 	
			
	Name: Kelly J. Anderson	 	Yeong Hee Nam, Trustee (Lender)	 	
	Title : Chief Financial officer	 		 	
		 	  
	 	
		 		 		 	SignatureLetter from the General Partner extending Advisory Agreement

 Exhibit 10.5(a) 
 June 1, 2011 
 SandRidge Capital, L.P. 

1300 Post Oak Blvd., Suite 325 
 Houston,
Texas 77056 
 Attention: Mr. Andrew M. Rowe 
 Re: Management Agreement Renewals 
 Dear Mr. Rowe: 

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, 2012 and all other provisions of the Management Agreements will remain unchanged. 

 

	 	•	 	 Bristol Energy Fund L.P. 

  

	 	•	 	 CMF SandRidge Master Fund L.P. 

  

	 	•	 	 Diversified 2000 Futures Fund L.P. 

  

	 	•	 	 Tactical Diversified Futures fund L.P. 

  

	 	•	 	 Diversified Multi-Advisor Futures Fund L.P. 

  

	 	•	 	 Diversified Multi-Advisor Futures Fund L.P. II 

 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 212-296-6868. If you have any
questions I can be reached at 212-296-1302. 
 Very truly yours, 

 

					
	 CERES MANAGED FUTURES LLC
	 	
			
	By:	 	 /s/ Jennifer Magro
	 	
		 	Jennifer Magro	 	
		 	Chief Financial Officer and Director	 	
			
	By:	 	 /s/ Andrew M. Rowe
	 	
		 	Print Name: Andrew M. Rowe	 	

 JM/srLetter from the General Partner extending Mgmt with Aspect Capital Limited

 Exhibit 10.6(a) 
 June 1, 2011 
 Aspect Capital 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, 2012 and all other provisions of the Management Agreements will remain unchanged.

  

	 	•	 	 Global Diversified Futures Fund L.P. 

  

	 	•	 	 Diversified 2000 Futures Fund L.P. 

  

	 	•	 	 Tactical Diversified Futures Fund L.P. 

  

	 	•	 	 CMF Aspect Master Fund L.P. 

  

	 	•	 	 Institutional Futures Portfolio LP 

  

	 	•	 	 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 212-296-6868. If you have any
questions I can be reached at 212-296-1302. 
 Very truly yours, 

 

					
	 CERES MANAGED FUTURES LLC
	 	
			
	By:	 	 /s/ Jennifer Magro
	 	
		 	Jennifer Magro	 	
		 	Chief Financial Officer & Director	 	
			
	By:	 	 /s/ John Wareham
	 	
		 	Print Name: John Wareham	 	

 JM/srLetter from the General Partner extending Mgmt Agreement with Eckhardt Trading

 Exhibit 10.7(a) 
 June 1, 2011 
 Eckhardt Trading Company 

1314 North Dearborn Parkway 
 The Carriage House

 Chicago, Illinois 60610 
 Attention:
Ms. Audrey L. Gale 
 Re: Management Agreement Renewal 
 Dear Ms. Gale: 
 We are writing with respect to your management agreement concerning the
commodity pool to which reference is made below (the “Management Agreement”). We are extending the term of the Management Agreement through June 30, 2012 and all other provisions of the Management Agreement will remain unchanged.

  

	 	•	 	 CMF Eckhardt Master Fund L.P. 

  

	 	•	 	 Diversified 2000 Futures Fund L.P. 

  

	 	•	 	 Diversified Multi-Advisor Futures Fund L.P. 

  

	 	•	 	 Diversified Multi-Advisor Futures Fund L.P. II 

 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 212-296-6868. If you have any
questions I can be reached at 212-296-1302. 
 Very truly yours, 

 

					
	CERES MANAGED FUTURES LLC	 	
			
	By:	 	 /s/ Jennifer Magro
	 	
		 	Jennifer Magro	 	
		 	Chief Financial Officer and Director	 	
		
	ECKHARDT TRADING COMPANY	 	
			
	By:	 	 /s/ John D. Fornengo
	 	
		 	Print Name: John D. Fornengo	 	

 JM/srLetter from the General Partner extending Mgmt Agreement with Graham Capital

 Exhibit 10.9(a) 
 June 1, 2011 
 Graham Capital Management, L.P. 

Rock Ledge Financial Center 
 40 Highland Avenue

 Rowayton, CT 06853 
 Attention:
Mr. Paul Sedlack 
 Re: Management Agreement Renewals  
 Dear Mr. Sedlack: 
 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, 2012 and all other provisions of the Management Agreements will remain unchanged.

  

	 	•	 	 Diversified 2000 Futures Fund L.P. 

  

	 	•	 	 Fairfield Futures Fund L.P. 

  

	 	•	 	 Diversified Multi-Advisor Futures Fund L.P. 

  

	 	•	 	 Diversified Multi-Advisor Futures Fund L.P. II 

 

	 	•	 	 Tactical Diversified Futures Fund L.P. 

  

	 	•	 	 Fairfield Futures Fund L.P. II 

  

	 	•	 	 CMF Graham Capital 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 212-296-6868. If you have any
questions I can be reached at 212-296-1302. 
 Very truly yours, 

 

					
	 CERES MANAGED FUTURES LLC
	 	
			
	By:	 	 /s/ Jennifer Magro
	 	
		 	Jennifer Magro	 	
		 	Chief Financial Officer & Director	 	
		
	GRAHAM CAPITAL MANAGEMENT, L.P.	 	
			
	By:	 	 /s/ Paul Sedlack
	 	
		 	Print Name: Paul Sedlack	 	

 JM/srLetter from the General Partner extending Mgmt Agreement with Waypoint Capital

 Exhibit 10.10(a) 
 June 1, 2011 
 Waypoint Capital Management 

23 Greene St. Suite 210 
 Huntington, N.Y. 11743

 Attn: Mr. Robert Calabretta 
 Re: Management Agreement Renewals 
 Dear Mr. Calabretta: 

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, 2012 and all other provisions of the Management Agreements will remain unchanged. 

 

	 	•	 	 CTA Capital LLC 

  

	 	•	 	 Emerging CTA Portfolio L.P. 

  

	 	•	 	 Global Diversified Futures Fund L.P. 

  

	 	•	 	 Waypoint Master Fund L.P. 

  

	 	•	 	 Diversified 2000 Futures 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 212-296-6868. If you have any
questions I can be reached at 212-296-1302. 
 Very truly yours, 

 

					
	 CERES MANAGED FUTURES LLC
	 	
			
	By:	 	 /s/ Jennifer Magro
	 	
		 	Jennifer Magro	 	
		 	Chief Financial Officer & Director	 	
	
	WAYPOINT CAPITAL MANAGEMENT
			
	By:	 	 /s/ Robert E. Calabretta
	 	
		 	Print Name: Robert E. Calabretta	 	

 JM/srLetter from the General Partner extending Mgmt Agreement with PGR Captial LLP

 Exhibit 10.11(a) 
 June 1, 2011 
 PGR Capital LLP 
 Gilmora House 
 57-61 Mortimer Street 
 London W1W 8HS, 
 UK 
 Attention:  Casey Grylls 
  

	 	Re:	Management Agreement Renewals 

 Dear Mr.
Grylls: 
 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, 2012 and all other provisions of the Management Agreements will remain unchanged. 

 

	 	•	 	 Emerging CTA Portfolio L.P. 

  

	 	•	 	 CTA Capital LLC. 

  

	 	•	 	 PGR Master Fund L.P 

  

	 	•	 	 Diversified 2000 Futures 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 212-296-6868. If you have any
questions I can be reached at 212-296-1302. 
 Very truly yours, 

 

			
	CERES MANAGED FUTURES LLC
		
	By:	 	 /s/ Jennifer Magro

		 	 Jennifer Magro
 Chief Financial
Officer & Director

	 	

  

			
	PGR CAPITAL LLP
		
	By:	 	 /s/ Casey Grylls

		
	Print Name:	 	 Casey Grylls

		
	JM/sr

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