EXHIBIT 8.01(c) May 19, 1997 Tudor Fund For Employees L.P. c/o Second Management LLC General Partner 600 Steamboat Road Greenwich, Connecticut 06830 Ladies and Gentlemen: We have acted as your counsel in connection with the preparation and filing with the Securities and Exchange Commission of Post-Effective Amendment No. 8 to the Registration Statement on Form S-1, SEC File No. 33-33982 ("Registration Statement"), relating to the registration under the Securities Act of 1933 as amended of Units of Limited Partnership Interest ("Units") in Tudor Fund For Employees L.P. ("Partnership"), a limited partnership organized under the Delaware Revised Uniform Limited Partnership Act. We hereby consent to the filing of this letter as an exhibit to the Registration Statement and to the references made to us in the Prospectus constituting a part of the Registration Statement under the captions "Principal Risk Factors", "Federal Income Tax Aspects", "State and Local Income Tax Aspects", and "Legal Matters". Very truly yours, /s/ Cadwalader, Wickersham & Taft