Document:

Form of Amendment No. 3 to Customer Agreement

 Exhibit 10.05(c) 
 FORM OF 
 AMENDMENT NO. 3 
 TO 
 CUSTOMER AGREEMENT 
 WHEREAS, MORGAN STANLEY CHARTER WCM L.P., formerly known as Morgan Stanley Charter Millburn L.P., a Delaware limited partnership (the “Customer”), and MORGAN STANLEY & CO. INCORPORATED, formerly
Morgan Stanley DW Inc., a Delaware corporation (the “Commodity Broker”), have agreed to amend the Customer Agreement, dated as of the 13th day of November 2000, as amended and supplemented from time to time, (the “Customer
Agreement”), by and between the Customer and the Commodity Broker, to reflect the merger of Morgan Stanley DW Inc. into Morgan Stanley & Co. Incorporated, and to amend the rate of interest income credited to the Customer’s account
by the Commodity Broker. Terms used and not otherwise defined herein have the meanings ascribed to such terms in the Customer Agreement. 
 WHEREAS, all provisions contained in the Customer Agreement remain in full force and effect and are modified only to the extent necessary to provide for the amendments set forth below. 
 NOW, THEREFORE, the parties hereto hereby amend the Customer Agreement as follows: 
  

	 	1.	Morgan Stanley DW Inc. has been merged into Morgan Stanley & Co. Incorporated and any references to “DEAN WITTER REYNOLDS, INC.”, the predecessor to Morgan
Stanley DW Inc., shall mean “MORGAN STANLEY & CO. INCORPORATED”. 

  

	 	2.	The third sentence of Section 7 Investment of Customer Funds is deleted in its entirety and replaced with the following: 

 “The Commodity Broker will credit the Customer with interest income on the Customer’s funds on deposit with the Commodity Broker and its
affiliates at each month-end. Funds held by the Commodity Broker and its affiliates to meet the margin requirements on the Customer’s futures, forward, and option contracts will be credited with interest income at a rate approximately
equivalent to the rate the Commodity Broker and its affiliates pay other customers on margin deposits. Funds not required to meet such margin requirements will be credited with interest income at a rate equal to the monthly average of the 4-Week
U.S. Treasury bill discount rate during such month.” 
  

	 	3.	This Amendment No. 3 shall be governed and construed under the laws of the State of New York. 

  

 IN WITNESS WHEREOF, this Amendment No. 3 to the Customer Agreement has been executed for and on
behalf of the undersigned as of the [    ] day of [    ] 2007. 
  

			
	MORGAN STANLEY CHARTER WCM L.P.
		
	By:	 	 Demeter Management Corporation,
 General
Partner

		
	By:	 	 
		 	Name:
		 	Title:

  

			
	MORGAN STANLEY & CO. INCORPORATED
		
	By:	 	 
		 	Name:
		 	Title:Form of Amendment No. 3 to Customer Agreement

 Exhibit 10.06(c) 
 FORM OF 
 AMENDMENT NO. 3 
 TO 
 CUSTOMER AGREEMENT 
 WHEREAS, MORGAN STANLEY CHARTER ASPECT L.P., formerly known as Morgan Stanley Charter MSFCM L.P., a Delaware limited partnership (the “Customer”), and MORGAN STANLEY & CO. INCORPORATED, formerly
Morgan Stanley DW Inc., a Delaware corporation (the “Commodity Broker”), have agreed to amend the Customer Agreement, dated as of the 19th day of May 2000, as amended and supplemented from time to time, (the “Customer
Agreement”), by and between the Customer and the Commodity Broker, to reflect the merger of Morgan Stanley DW Inc. into Morgan Stanley & Co. Incorporated, and to amend the rate of interest income credited to the Customer’s account
by the Commodity Broker. Terms used and not otherwise defined herein have the meanings ascribed to such terms in the Customer Agreement. 
 WHEREAS, all provisions contained in the Customer Agreement remain in full force and effect and are modified only to the extent necessary to provide for the amendments set forth below. 
 NOW, THEREFORE, the parties hereto hereby amend the Customer Agreement as follows: 
  

	 	1.	Morgan Stanley DW Inc. has been merged into Morgan Stanley & Co. Incorporated and any references to “DEAN WITTER REYNOLDS, INC.”, the predecessor to Morgan
Stanley DW Inc., shall mean “MORGAN STANLEY & CO. INCORPORATED”. 

  

	 	2.	The third sentence of Section 7 Investment of Customer Funds is deleted in its entirety and replaced with the following: 

 “The Commodity Broker will credit the Customer with interest income on the Customer’s funds on deposit with the Commodity Broker and its
affiliates at each month-end. Funds held by the Commodity Broker and its affiliates to meet the margin requirements on the Customer’s futures, forward, and option contracts will be credited with interest income at a rate approximately
equivalent to the rate the Commodity Broker and its affiliates pay other customers on margin deposits. Funds not required to meet such margin requirements will be credited with interest income at a rate equal to the monthly average of the 4-Week
U.S. Treasury bill discount rate during such month.” 
  

	 	3.	This Amendment No. 3 shall be governed and construed under the laws of the State of New York. 

 IN WITNESS WHEREOF, this Amendment No. 3 to the Customer Agreement has been executed for and on
behalf of the undersigned as of the [] day of [] 2007. 
  

			
	MORGAN STANLEY CHARTER ASPECT L.P.
		
	By:	 	 Demeter Management Corporation,
 General
Partner

		
	By:	 	 
		 	Name:
		 	Title:
	
	MORGAN STANLEY & CO. INCORPORATED
		
	By:	 	 
		 	Name:
		 	Title:Eighteenth Amendment to Employment Agreement

 Exhibit 10.3(r) 
 EIGHTEENTH AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Eighteenth Amendment to Employment Agreement is
made and entered into as of October 1, 2007, by and between PriceSmart, Inc., a Delaware Corporation (“Employer”) and Robert M. Gans (“Executive”). 
 Recitals 
  

	 	A)	On September 20, 1994 an Employment Agreement was made and entered into by and between Executive and Price Enterprises, Inc. 

  

	 	B)	Said Employment Agreement has been assigned to Employer and amended on seventeen prior occasions; 

  

	 	C)	Employer and Executive now desire to further amend the Employment Agreement, as set forth hereinbelow: 

 Agreement 
 1. Section 3.1 of the Employment Agreement, which currently
provides: 
 3.1    Term.    The term of Executive’s employment hereunder shall commence
on October 17, 1994 and shall continue until October 16, 2007 unless sooner terminated or extended as hereinafter provided (the “Employment Term”). 
 is hereby amended, to provide as follows: 
 3.1    Term.    The term of Executive’s employment hereunder shall commence on October 17, 1994 and shall continue until October 16, 2008 unless sooner terminated or extended as
hereinafter provided (the “Employment Term”). 
 2. All other terms of the Employment Agreement, as amended, shall remain unaltered
and fully effective. 
 Executed in San Diego, California, as of the date first written above. 
  

							
	EXECUTIVE	 		 	 EMPLOYER
  
 PRICESMART, INC.

				
	Robert M. Gans	 		 	By:	 	 
	 	 		 	Name:	 	Jose Luis Laparte
		 		 	Its:	 	PresidentSixth Amendment to Employment Agreement

 Exhibit 10.54(g) 
 SIXTH AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Sixth Amendment to Employment Agreement is made and
entered into as of October 1, 2007, by and between PriceSmart, Inc., a Delaware Corporation (“Employer”) and Jose Luis Laparte (“Executive”). 
 Recitals 
  

	 	A)	On June 3, 2004 an Employment Agreement was made and entered into by and between Employer and Executive. 

  

	 	B)	Said Employment Agreement has been amended on five prior occasions; 

  

	 	C)	Employer and Executive now desire to amend the Employment Agreement, as set forth hereinbelow: 

 Agreement 
 1. Section 3.1 of the Agreement which provides: 
 3.1    Term.    The term of Executive’s employment hereunder shall commence on October 8, 2004
and shall continue until October 7, 2007, unless sooner terminated or extended as hereinafter provided (the “Employment Term”). 
 is hereby amended, to provide as follows: 
 3.1    Term.    The term of
Executive’s employment hereunder shall commence on October 8, 2004 and shall continue until October 7, 2008, unless sooner terminated or extended as hereinafter provided (the “Employment Term”). 
 2. All other terms of the Employment Agreement, as amended, shall remain unaltered and fully effective. 
 Executed in San Diego, California, as of the date first written above. 
  

							
	EXECUTIVE	 		 	 EMPLOYER
  
 PRICESMART, INC.

				
	Jose Luis Laparte	 		 	By:	 	 
	 	 		 	Name:	 	Robert M. Gans
		 		 	Its:	 	Executive Vice PresidentSeventh Amendment to Employment Agreement

 Exhibit 10.54(h) 
 SEVENTH AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Seventh Amendment to Employment Agreement is made
and entered into as of October 31, 2007, by and between PriceSmart, Inc., a Delaware Corporation (“Employer”) and Jose Luis Laparte (“Executive”). 
 Recitals 
  

	 	A)	On June 3, 2004, an Employment Agreement was made and entered into by and between Employer and Executive. 

  

	 	B)	Said Employment Agreement has been amended on six prior occasions; 

  

	 	C)	Employer and Executive now desire to amend the Employment Agreement, as set forth hereinbelow: 

 Agreement 
 1. Section 2.2 of the Agreement which currently provides:

 2.2    Bonus.    Executive shall be entitled to receive a bonus for Fiscal Year End 2007, in
the amount as set forth in, and in accordance with the terms of, the FY 2007 Management Bonus Program, as approved by Employer’s Compensation Committee on August 3, 2006. A copy of said FY 2007 Management Bonus Program is attached hereto
as Exhibit “A” and incorporated herein by reference. 
 is hereby amended, to provide as follows: 
 2.2    Bonus.    Executive shall be entitled to receive an annual bonus payment in accordance with the
terms of the applicable fiscal year's Management Bonus Program, as approved by Employer’s Compensation Committee. 
 2. All other terms
of the Employment Agreement, as amended, shall remain unaltered and fully effective. 
 Executed in San Diego, California, as of the date first written
above. 
  

							
	EXECUTIVE	 		 	 EMPLOYER
  
 PRICESMART, INC.

				
	Jose Luis Laparte	 		 	By:	 	 
	 	 		 	Name:	 	 
		 		 	Its:

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