0001104659-11-070815 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • December 22nd, 2011 • Morgan Stanley International Value Equity Fund • New York

AGREEMENT made as of the 31st day of July, 2011, by and between MORGAN STANLEY INVESTMENT MANAGEMENT INC., a Delaware corporation (hereinafter referred to as the “Adviser”), and MORGAN STANLEY INVESTMENT MANAGEMENT LIMITED, a company incorporated under the laws of England (hereinafter referred to as the “Local Manager”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • December 22nd, 2011 • Morgan Stanley International Value Equity Fund • New York

AGREEMENT made as of the 31st day of July, 2011, by and between MORGAN STANLEY INVESTMENT MANAGEMENT INC., a Delaware corporation (hereinafter referred to as the (“Adviser”), and MORGAN STANLEY INVESTMENT MANAGEMENT COMPANY, a corporation organized under the laws of Singapore (hereinafter referred to the “Local Manager”).

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