50 of the Top 250 law firms use our Products every day
<PAGE>
Exhibit 1.02
ADDENDUM
TO
SELLING AGREEMENT
by and between
MAN INVESTMENTS INC.
and
-----------------------
This Addendum is incorporated into and made a part of the
Selling
Agreement dated __________, 200__, by and between Man Investments
Inc. and
_____________________ (the "Selling Agreement"). Terms used but not
defined
herein shall have the same meaning given such terms in the Selling
Agreement.
Introduction.
Man-AHL 130, LLC has been organized to trade and invest in
commodities and other financial instruments (the "Fund") and has
retained Man as
distributor of Class A and Class B units of the Fund (collectively,
"Units").
The Fund has registered an offering of the Units for sale to the
public under
the 1933 Act pursuant to a Registration Statement on Form S-1. The
Fund is not
an investment company subject to the 1940 Act. Man desires the
Selling Agent to
assist in the offer and sale of the Units pursuant to the terms of
the Selling
Agreement as modified hereby in respect of the Fund.
Appointment of the Selling Agent
The appointment of and acceptance by the Selling Agent as a
selling
agent is extended to include the Fund as if the Fund were included
within the
terms of Section 2 of the Selling Agreement and the terms of the
Selling
Agreement shall apply with respect to the Fund except as modified
hereby.
Representations and Warranties of Man.
The representations of Man set forth in the Selling Agreement
are
restated, mutatis mutandis, with respect to the Fund.
Representations, Warranties and Covenants of the Selling Agent.
The representations of the Selling Agent set forth in the
Selling
Agreement are restated, mutatis mutandis, with respect to the
Fund.
Additionally, the Selling Agent represents and warrants to Man as
follows:
(a) Selling Agent is familiar with Rule 2810 of the NASD
Conduct
Rules and will comply fully with all the terms thereof.
(b) Sales of Units will be made only to investors who the
Selling
Agent has reasonable grounds to believe, on the basis of
information obtained
from the subscriber
<PAGE>
concerning, among other things, the subscriber's investment
objectives, other
investments, financial situation and needs, that (to the extent
relevant for the
purposes of Rule 2810 and giving due consideration to the fact that
the Fund is
in no respects a "tax shelter") the subscriber is or will be in a
financial
position appropriate to enable the subscriber to realize to a
significant extent
the benefits of the Fund, including the tax benefits (if any)
described in the
Prospectus; the subscriber has a fair market net worth sufficient
to sustain the
risks inherent in participating in the Fund. Selling Agent agrees
to maintain
such records as are required by the applicable rules of the NASD
and the state
securities commissions for purposes of determining investor
suitability. In
connection with making the foregoing representations and
warranties, Selling
Agent further represents and warrants that the Selling Agent has,
among other
things, examined the following sections in the Fund's Offering
Document and
obtained such additional information from Man regarding the
information set
forth thereunder as the Selling Agent has deemed necessary or
appropriate to
determine whether the Fund's Offering Document adequately and
accurately
discloses all material facts relating to an investment in the Fund
and provides
an adequate basis to subscribers for evaluating an investment in
the Units:
"Risk Factors"
"Use of Proceeds"
"Management's Discussion and Analysis of the Fund's Prospective
Operations"
"Management of the Fund"
"Performance Information"
"Net Asset Value"
"Fees and Expenses Paid by the Fund"
"Redemptions and Transfers of Units"
"Conflicts of Interest; Transactions Between Man Group and the
Fund"
"Tax Consequences"
"Benefit Plan Investors"
"Futures Markets and Trading Methods"
"Alternative Investment Strat
|
