Document:

[Letterhead of Citigroup]              
 	
                        Exhibit 10.13
 

June 15, 2005

Altis Partners Limited

5th Fl. Sackville House

40 Piccadilly

W1J0DR, England

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, 2006 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.
 

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe at the address above or fax to 212-793-1986. If you have any questions I can be reached at 212-559-5043.

Very truly yours,

 

	
                        CITIGROUP MANAGED FUTURES LLC
 
	
                        By: 
 	
                        
 /s/ Daniel R. McAuliffe, Jr.
 
	
                         
 	
                        Daniel R. McAuliffe, Jr.
 
	
                         
 	
                        Chief Financial Officer & Director
 

 

	
                        By: 
 	
                        /s/ S. Hedgecock
 
	
                         
 	
                         
 

Print Name: S. Hedgecock, Managing Director

DRMCA/sr[Letterhead of Citigroup]
 	
                         
 	
                        Exhibit 10.14
 

June 30, 2006

Altis Partners Limited

5th Fl. Sackville House

40 Piccadilly

W1J0DR, England

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, 2007 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.
 

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe at the address above or fax to 212-793-1986. If you have any questions I can be reached at 212-559-5043.

Very truly yours,

 

	
                        CITIGROUP MANAGED FUTURES LLC
 	
                         
 	
                         
 
	
                        By: 
 	
                         
 /s/ Daniel R. McAuliffe, Jr.
 	
                         
 	
                         
 	
                          
 
	
                         
 	
                        Daniel R. McAuliffe, Jr.
 Chief Financial Officer & Director
 	
                         
 	
                         
 	
                         
 
	
                         
 	
                         
 	
                         
 	
                         
 	
                         
 
	
                        By:
 	
                        /s/ S. Hedgecock
 	
                         
 	
                         
 	
                         
 

	
                        Print Name:
 	
                        S. Hedgecock, Principal, Altis Partners (Jersey) Limited
 

DRMCA/sr[Letterhead of Citigroup]
 	
                         
 	
                        Exhibit 10.15
 

June 30, 2007

Altis Partners Limited

AIB House

Greenville Street

St. Heller, Jersey

Channel Islands JE 4 9WN

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, 2008 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/ S. Hedgecock
 	
                         
 	
                         
 	
                         
 

	
                        Print Name:
 	
                        S. Hedgecock, Principal, Altis Partners (Jersey) Limited
 

JM/sr[Letterhead of Citigroup]
 	
                         
 	
                        Exhibit 10.16
 

June 11, 2004

Fall River Capital

1170 N. Port Washington Road

P.O. Box 40

Mequeon, WI 530.92

Attention: Mr. Charles F. 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, 2005 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 Mr. Daniel McAuliffe at the address above or fax to 212-793-1986. If you have any questions I can be reached at 212-559-5043.

 

	
                        Very truly yours,
 	
                         
 	
                         
 
	
                         
 	
                         
 	
                         
 
	
                        CITIGROUP MANAGED FUTURES LLC
 	
                         
 	
                         
 
	
                        By: 
 	
                         
 /s/ Daniel R. McAuliffe, Jr.
 	
                         
 	
                         
 	
                          
 
	
                         
 	
                        Daniel R. McAuliffe, Jr.
 Chief Financial Officer & Director
 	
                         
 	
                         
 	
                         
 
	
                         
 	
                         
 	
                         
 	
                         
 	
                         
 
	
                        By:
 	
                        /s/ Charles Wright
 	
                         
 	
                         
 	
                         
 

	
                        Print Name:
 	
                        Charles Wright
 

DRMcA/sr[Letterhead of Citigroup]
 	
                        Exhibit 10.17
 

June 15, 2005

Fall River Capital

1170 N. Port Washington Road

P.O. Box 40

Mequeon, WI 530.92

Attention: Mr. Doug Wambach

	
                         
 	
                        Re:
 	
                        Management Agreement Renewals
 

Dear Mr. Wambach:

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, 2006 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 Mr. Daniel McAuliffe at the address above or fax to 212-793-1986. If you have any questions I can be reached at 212-559-5043.

  

	
                        Very truly yours,
 	
                         
 	
                         
 
	
                         
 	
                         
 	
                         
 
	
                        CITIGROUP MANAGED FUTURES LLC
 	
                         
 	
                         
 
	
                         
 	
                         
 	
                         
 
	
      By: 
 	
                        /s/ Daniel R. McAuliffe, Jr.
 	
                         
 	
                         
 	
                         
 
	
                         
 	
                        Daniel R. McAuliffe, Jr.
 Chief Financial Officer & Director
 	
                         
 	
                         
 	
                         
 
	
                         
 	
                         
 	
                         
 	
                         
 	
                         
 
	
                        By:
 	
                        /s/ Michael Striano
 	
                         
 	
                         
 	
                         
 

 

	
      Print Name: Michael Striano
 	
       
 	
       
 	
       
 	
       
 

DRMcA/sr

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