EXHIBIT 10.21 MANAGEMENT AGREEMENT THIS AGREEMENT, made as of the 9th day of October, 2007 among MORGAN STANLEY SPECTRUM TECHNICAL L.P., a Delaware limited partnership (the "Partnership"), DEMETER MANAGEMENT CORPORATION, a Delaware corporation (the...Management Agreement • October 15th, 2007 • Morgan Stanley Spectrum Technical Lp • Commodity contracts brokers & dealers • New York
EXHIBIT 10.20 MANAGEMENT AGREEMENT THIS AGREEMENT, made as of the 9th day of October, 2007, among MORGAN STANLEY SPECTRUM TECHNICAL L.P., a Delaware limited partnership (the "Partnership"), DEMETER MANAGEMENT CORPORATION, a Delaware corporation (the...Management Agreement • October 15th, 2007 • Morgan Stanley Spectrum Technical Lp • Commodity contracts brokers & dealers • New York
