0001193125-08-125781 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • May 30th, 2008 • Morgan Stanley Managed Futures LV, L.P. • Commodity contracts brokers & dealers • New York
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MORGAN STANLEY MANAGED FUTURES LV, L.P. LIMITED PARTNERSHIP AGREEMENT Dated as of February 22, 2007
Limited Partnership Agreement • May 30th, 2008 • Morgan Stanley Managed Futures LV, L.P. • Commodity contracts brokers & dealers • New York

This Agreement of Limited Partnership, dated as of February 22, 2007, by and between Demeter Management Corporation, a Delaware corporation (the “General Partner”), and the other parties who shall execute this Agreement, whether in counterpart, by separate instrument, or otherwise, as limited partners (collectively “Limited Partners”; the General Partner and Limited Partners may be collectively referred to herein as “Partners”).

FOREIGN EXCHANGE AND OPTIONS MASTER AGREEMENT (FEOMA)
Master Agreement • May 30th, 2008 • Morgan Stanley Managed Futures LV, L.P. • Commodity contracts brokers & dealers • New York

MASTER AGREEMENT dated as of November 28, 2007, by and between Morgan Stanley Capital Group Inc., a Delaware corporation and the entities listed in Exhibit I to the Schedule of this Agreement (as amended or supplemented from time to time), severally and not jointly, (each, a commodity pool limited partnership formed under the laws of the State of Delaware) and Demeter Management Corporation, not individually by solely as General Partner and/or Trading Manager for each entity listed in Exhibit I.

Contract
Morgan Stanley Managed Futures LV, L.P. • May 30th, 2008 • Commodity contracts brokers & dealers • New York

This Amendment dated as of December 13, 2007, supplements, forms part of, and is subject in all respects to, that Foreign Exchange and Options Master Agreement (FEOMA) dated as of November 28, 2007 (the “Agreement”) by and between Party A and Party B. Capitalized terms used herein, unless otherwise defined, have the meanings specified in the Agreement.

CUSTOMER FX PRIME BROKERAGE AGREEMENT
Prime Brokerage Agreement • May 30th, 2008 • Morgan Stanley Managed Futures LV, L.P. • Commodity contracts brokers & dealers • New York

In consideration of Morgan Stanley & Co. Incorporated (“Morgan Stanley”) agreeing to act as prime broker of each entity specified in Annex B attached hereto (severally, and not jointly, each a “Customer”) with respect to FX Transactions executed by Advisor with one or more Executing Dealers and given up to Morgan Stanley in accordance with the terms of this Agreement, each Customer hereby agrees as follows:

CUSTOMER FX PRIME BROKERAGE AGREEMENT
Prime Brokerage Agreement • May 30th, 2008 • Morgan Stanley Managed Futures LV, L.P. • Commodity contracts brokers & dealers • New York

In consideration of Morgan Stanley Capital Group Inc. (“Morgan Stanley”) agreeing to act as prime broker of each entity specified in Annex B attached hereto (severally, and not jointly, each a “Customer”) with respect to Currency Option Transactions executed by Customer with one or more Executing Dealers and given up to Morgan Stanley in accordance with the terms of this Agreement, Customer hereby agrees as follows:

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