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STOR USE ONLY Notwithstanding anything to the contrary provided in any offering document relating to the AlphaKeys Fund (including this Memorandum, the Investor Application and the AlphaKeys Fund Agreement), each Investor or prospective Investor (and each employee, representative, or other agent of the Investor or pros
e objective of the AlphaKeys Fund is to invest in the Underlying Fund. The Underlying Fund's principal trading objective (through its investment in Millennium Partners, L.P. (the "Underlying Muter Fund")) is to achieve above-average appreciation by opportunistically trading and investing in a wide variety of secu
vant thereto. Notwithstanding anything to the contrary provided in any offering document relating to the AlphaKeys Fund (including this Memorandum, the Investor Application and the AlphaKeys Fund Agreement), each Investor or prospective Investor (and each employee, representative, or other agent of the Investor or pros
e objective of the AlphaKeys Fund is to invest in the Underlying Fund. The Underlying Fund's principal trading objective (through its investment in Millennium Partners, L.P. (the "Underlying Master Fund")) is to achieve above-average appreciation by opportunistically trading and investing in a wide variety of sec
vant thereto. Notwithstanding anything to the contrary provided in any offering document relating to the AlphaKeys Fund (including this Memorandum, the Investor Application and the AlphaKeys Fund Agreement), each Investor or prospective Investor (and each employee, representative, or other agent of the Investor or pros
e objective of the AlphaKeys Fund is to invest in the Underlying Fund. The Underlying Fund's principal trading objective (through its investment in Millennium Partners, M. (the "Underlying Master Fund")) is to achieve above-average appreciation by opportunistically trading and investing in a wide variety of secur
Entities connected to both the Investor Application and Millennium Partners

U.S. Treasury
ORGANIZATIONErnst & Young LLP
ORGANIZATIONCayman
LOCATION
Ghislaine Maxwell
PERSON
United States
LOCATION
Millennium
ORGANIZATION
the Internal Revenue Service
ORGANIZATION
New York
LOCATIONthe U.S. Investment Company Act
ORGANIZATIONTrigger Event
ORGANIZATIONMillennium International, Ltd.
ORGANIZATIONMillennium USA's
LOCATIONManagement of Millennium USA
ORGANIZATIONThe Master Partnership's Organization
ORGANIZATION
UBS AG
ORGANIZATIONMillennium Offshore Intermediate
ORGANIZATION
Paul Volcker
PERSONKeogh
ORGANIZATIONthe District of Columbia
LOCATIONClasses of Interests
ORGANIZATION