Delegation of Trustee Duties Agreement Sample Contracts

MORGAN STANLEY INVESTMENT MANAGEMENT INC.
Delegation of Trustee Duties Agreement • June 18th, 2026 • Morgan Stanley Ethereum Trust • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made on and effective as of March 25, 2026 (the “Agreement”) between Morgan Stanley Investment Management Inc. (“MSIM Inc.” or “Delegated Sponsor”), as Delegated Sponsor to each trust named on Schedule A (each, a “Trust” and collectively, the “Trusts”), and AGS Trustees Limited, as Cayman trustee to each Trust (“AGS” and together with MSIM Inc., the “Parties”).

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MORGAN STANLEY INVESTMENT MANAGEMENT INC.
Delegation of Trustee Duties Agreement • March 27th, 2026 • Morgan Stanley Bitcoin Trust • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made on and effective as of March 25, 2026 (the “Agreement”) between Morgan Stanley Investment Management Inc. (“MSIM Inc.” or “Delegated Sponsor”), as Delegated Sponsor to each trust named on Schedule A (each, a “Trust” and collectively, the “Trusts”), and AGS Trustees Limited, as Cayman trustee to each Trust (“AGS” and together with MSIM Inc., the “Parties”).

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