LIMITED POWER OF ATTORNEY
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Limited Power of Attorney - AlgoLab Capital Management Ltd.
TO BROKERAGE FIRM / IB / FCM:    

The undersigned hereby authorizes ALGOLAB CAPITAL MANAGEMENT LTD. a Commodity Trading Advisor (“Advisor”), as his agent and attorney-in-fact to buy and sell (including “short” sales) commodity  futures  on  margin  and  options  thereon  or  otherwise  for  the  undersigned’s account and risk. The undersigned hereby agrees to indemnify and hold the brokerage firm harmless from all loss, cost, indebtedness and liabilities arising therefrom.

In all such purchases and sales you are authorized to follow the instructions of the aforesaid agent in every respect concerning the undersigned’s account with you; and except as herein otherwise provided, the Advisor is authorized to act for the undersigned in the same manner and with the same force and effect as the undersigned might or could do with respect to such purchases and sales as well as with respect to all other things necessary or incidental thereto, except  that  the  Advisor  is  not  authorized  to  withdraw  any  money,  securities,  or  other property either in the name of the undersigned or otherwise other than in conjunction with payment of fees owed to the Advisor.

The undersigned hereby ratifies and confirms any and all transactions with you heretofore or hereafter made by the aforesaid agent on behalf of or for the account of the undersigned.

This authorization and indemnity is in addition to (and in no way limits or restricts) any rights which you may have under any other agreement or agreements between you and the undersigned.

This authorization and indemnity is a continuing one and shall remain in full force and effect until revoked by the undersigned by a written notice addressed to you and delivered to you at the above address, but such revocation shall not affect any liability in any way resulting from transactions initiated prior to such revocation.  This authorization and indemnity shall inure to your benefit and that of your successors and assigns.

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