Document:

EX-10.14

Exhibit 10.14

June 5, 2008

John W. Henry & Company, Inc.

301 Yamato Road, Suite 2200

Boca Raton, Fl. 33431-4931

Attn: Mr. Ken Webster

			
	Re:	 	Management Agreement Renewals

Dear Mr. Webster:

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, 2009 and all other provisions of the Management Agreements will remain
unchanged.

	 	•	 	Smith Barney Westport Futures Fund L.P.

	 	•	 	JWH Master Fund LLC

	 	•	 	AURORA III

	 	•	 	Citigroup Diversified Futures Fund L.P.

	 	•	 	CMF Institutional Futures Portfolio 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 212-793-1986. If you have
any questions I can be reached at 212-559-5046.

	 	 	 	 	 
	Very truly yours,

CITIGROUP MANAGED FUTURES LLC

 	 	 
	By:  	/s/
Jennifer Magro 	 	 
	 	Jennifer Magro 	 	 
	 	Chief Financial Officer & Director 	 	 
	 

	 	 	 	 	 
	JOHN W. HENRY & COMPANY, INC

 	 	 
	By: 	/s/
Ken Webster 	 	 
	 
	Print Name:  Ken
WebsterEX-10.14

Exhibit 10.14

June 5,
2008

Winton Capital Management

1a. St. Mary Abbot’s Place

Kensington, London W86LS,

U.K.

Attn: Mr. Martin Hunt

     Re: Management Agreement Renewals

Dear Mr. Hunt:

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, 2009 and all other provisions of the Management Agreements
will remain unchanged.

	 	•	 	Smith Barney Diversified Futures Fund L.P.
	 
	 	•	 	SSB Orion Futures Fund L.P.
	 
	 	•	 	CMF Winton Feeder LP I
	 
	 	•	 	CMF Winton Master Fund L.P.
	 
	 	•	 	Citigroup Diversified Futures Fund L.P.
	 
	 	•	 	AURORA III
	 
	 	•	 	CMF Institutional Futures Portfolio LP
	 
	 	•	 	Citigroup Abingdon Futures Fund L.P.
	 
	 	•	 	Citigroup 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 212-793-1986. If you have any
questions I can be reached at 212-559-5046.

Very truly yours,

CITIGROUP MANAGED FUTURES LLC

	 	 	 	 	 
	By:

	 	/s/ Jennifer Magro
 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 

WINTON CAPITAL MANAGEMENT

	 	 	 	 	 
	By:

	 	/s/ Martin Hunt
 

	 	 

	 	 	 	 	 
	Print Name:

	 	Martin Hunt
 

	 	 

JM/srEX-10.13

   Exhibit 10.13

    June 5, 2008

 

    AAA Capital Management Inc.

    1300 Post Oak Blvd. #350

    Houston, Texas 77056

 

    Attention: Mr. Anthony Annunziato

 

    Re:  Management Agreement Renewal

 

    Dear Mr. Annunziato:

 

    We are writing with respect to your management agreement
    concerning the commodity pools to which reference is made below
    (the “Management Agreement”). We are extending the
    term of the Management Agreement through June 30, 2009 and
    all other provisions of the Management Agreement will remain
    unchanged.

 

			
	 	    •  
	SB AAA Master Fund LLC

	 	    •  
	Salomon Smith Barney Orion Futures Fund L.P.

	 	    •  
	Smith Barney AAA Energy Fund L.P.

	 	    •  
	Salomon Smith Barney AAA Energy Fund L.P. II

	 	    •  
	Citigroup Diversified Futures Fund L.P.

	 	    •  
	CMF Institutional Futures Portfolio L.P.

	 	    •  
	Legion LTD AAA

	 	    •  
	Citigroup Energy Advisors Portfolio L.P.

	 	    •  
	Citigroup 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
    212-793-1986.
    If you have any questions I can be reached at
    212-559-5046.

 

    Very truly yours,

 

    CITIGROUP MANAGED FUTURES LLC

 

		
	    By:  	
    /s/  Jennifer
    Magro

    Jennifer Magro

    Chief Financial Officer & Director

 

AAA CAPITAL MANAGEMENT ADVISORS, LTD

		
	 
	    By:  	
    /s/  Anthony
    Annunziato

 

		
	    Print Name: 	
    Anthony AnnunziatoEX-10.34

Exhibit
10.34

June 5,
2008

Avant Asset Management Inc.

3200 South West Freeway

Suite 2240

Houston, Texas 77027

Attention: Mr. Brick Diemer

     Re: Management Agreement Renewal

Dear Mr. Diemer:

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, 2009 and all other provisions of the Management Agreement will remain
unchanged.

	 	•	 	CTA CAPITAL LLC
	 
	 	•	 	Citigroup Emerging CTA Portfolio L.P.
	 
	 	•	 	CMF Avant Master Fund L.P.
	 
	 	•	 	Citigroup Diversified Futures Fund L.P.
	 
	 	•	 	Aurora III
	 
	 	•	 	Citigroup Energy Advisors Portfolio 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 212-793-1986. If you have any
questions I can be reached at 212-559-5046.

	 	 	 	 	 
	Very truly yours,	 	 
	 
	 	 	 	 
	CITIGROUP MANAGED FUTURES LLC	 	 
	 
	 	 	 	 
	By:

	 	/s/ Jennifer Magro
 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 
	 
	 	 	 	 
	By:

	 	/s/ Brick Diemer
 

	 	 
	Print Name: Brick Diemer	 	 
	 
	 	 	 	 
	JM/srEX-10.35

Exhibit
10.35

June 5, 2008

Altis Partners (Jersey) Limited

Charles House, 2nd Floor

Charles Street

St Helier, Jersey

Channel Islands JE 2 4SF

Attention: Mr. Stephen Hedgecock

     Re: Management Agreement Renewals

Dear Mr. Hedgecock:

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, 2009 and all other provisions of the Management Agreements will remain
unchanged.

	 	•	 	CTA Capital LLC
	 
	 	•	 	Salomon Smith Barney Global Diversified Futures Fund L.P.
	 
	 	•	 	Citigroup Emerging CTA Portfolio L.P.
	 
	 	•	 	CMF Altis Partners Master Fund L.P.
	 
	 	•	 	CMF Institutional Futures Portfolio L.P.
	 
	 	•	 	Citigroup 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 212-793-1986. If you have any
questions I can be reached at 212-559-5046.

	 	 	 	 	 
	Very truly yours,	 	 
	 
	 	 	 	 
	CITIGROUP MANAGED FUTURES LLC	 	 
	 
	 	 	 	 
	By:

	 	/s/ Jennifer Magro
 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 
	 
	 	 	 	 
	                                                       
	By:

	 	/s/ Reeve Gray
 

	 	 
	Print Name: Reeve Gray	 	 
	                                                        
	 
	 	 	 	 
	JM/srEX-10.36

Exhibit 10.36

June 5,
2008

Fall River Capital

11740 N. Port Washington Road

P.O. Box 40

Mequeon, WI 530.92

Attention: Mr. Charlie Wright

Re: Management Agreement Renewals

Dear Mr. Wright:

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, 2009 and all other provisions of the Management Agreements
will remain unchanged.

	 	•	 	CTA Capital LLC
	 
	 	•	 	Citigroup Emerging CTA 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 212-793-1986. If you have
any questions I can be reached at 212-559-5046.

Very truly yours,

	 	 	 	 	 
	CITIGROUP MANAGED FUTURES LLC	 	 
	 
	 	 	 	 
	By:
	 	/s/
Jennifer Magro 	 	 
	 

	 	 

	 	 
	 

	 	Jennifer Magro	 	 
	 

	 	Chief Financial Officer & Director	 	 
	 
	 	 	 	 

	 	 	 	 	 
	FALL RIVER CAPITAL	 	 
	 
	 	 	 	 
	                                                       
	By: /s/ Doug Wambach
	 	 	 	 
	 

	 	 
	 
	 	 	 	 
	Print
Name: Doug Wambach
	 	 	 	 
	                                                        
	 

	 	 	 	 
	 
	 	 	 	 
	JM/srEX-10.37

Exhibit 10.37

June 5,
2008

Cantab Capital Partners LLP

Daedalus House, Staton Rd.

Cambridge CB1 2RE

UK

Attention: Mr. Christopher Pugh

Re: Management Agreement Renewals

Dear Mr. Pugh:

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, 2009 and all other provisions of the Management Agreements
will remain unchanged.

	 	•	 	CTA Capital LLC
	 
	 	•	 	Citigroup Emerging CTA Portfolio LP

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 212-793-1986.
If you have
any questions I can be reached at 212-559-5046.

Very truly yours,

	 	 	 	 	 
	CITIGROUP MANAGED FUTURES LLC	 	 
	 
	 	 	 	 
	By:
	/s/
Jennifer Magro 	 	 
	 

	 

Jennifer Magro
	 	 
	 

	Chief Financial Officer & Director	 	 
	 
	 	 	 	 
	 
	CANTAB CAPITAL PARTNERS LLP	 	 
	 
	 	 	 	 
	By:
	/s/
C. Pugh 	 	 
	 
	 	 
	 
	 	 	 	 
	Print
Name: C. Pugh
	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	JM/srEX-10.38

Exhibit 10.38

June 5, 2008

Waypoint
Capital Management

23 Green St. — Suite 210

Huntington, N.Y. 11743

Attention: 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, 2009 and all other provisions of the Management Agreements
will remain unchanged.

	 	•	 	CTA CAPITAL LLC
	 
	 	•	 	Citigroup Emerging CTA 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 212-793-1986. If you
have any questions I can be reached at 212-559-5046.

Very truly yours,

	 	 	 	 	 
	CITIGROUP MANAGED FUTURES LLC	 	 
	 
	By:
	 	/s/
Jennifer Magro 	 	 
	 

	 	 

	 	 
	 

	 	Jennifer Magro	 	 
	 

	 	Chief Financial Officer & Director	 	 
	 
	 	 	 	 

	 	 	 	 	 
	WAYPOINT CAPITAL MANAGEMENT	 	 
	 
	 	 	 	 
	By: 
	 	/s/ R. Calabretta	 	 
	 	 	 
	 	 
	 
	 	 	 	 
	Print Name: R. Calabretta
	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	JM/sr

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