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n Millennium USA does not constitute a complete investment program, and (iii) that fully understand and are willing to assume the risks involved in Millennium USA's investment program. Millennium USA's investment practices, by their nature, may be considered to involve a substantial degree of risk. (See "Certa
of each calendar quarter, subject to the timely receipt of a notice of withdrawal. However, it should be noted that: (a) all withdrawals of Offered Quarterly Interests are subject to a 25% quarterly limit (as described under "Millennium USA's Organization, Management, ML281817-MAXWELL CONFIDENTIAL UBSTERRAMAR000
stimates and assumptions that the Millennium Management Group believes are reasonable and appropriate, but which may be imprecise and may result in Millennium USA's bearing a larger portion of such expenses than if they were calculated in a different manner. Assets of the Millennium Management Group, including,
al Withdrawal Date") without being subject to any 25% quarterly limit or Early Withdrawal Charge that would otherwise be applicable to such Offered Quarterly Interests. A withdrawal request in respect of a Trigger Event may not be rescinded by the Limited Partner (absent the consent of Millennium Management) follo
n Millennium USA does not constitute a complete investment program, and (iii) that fully understand and are willing to assume the risks involved in Millennium USA's investment program. Millennium USA's investment practices, by their nature, may be considered to involve a substantial degree of risk. (See "Certa
of each calendar quarter, subject to the timely receipt of a notice of withdrawal. However, it should be noted that: (a) all withdrawals of Offered Quarterly Interests are subject to a 25% quarterly limit (as described under "Millennium USA's Organization, Management, MAXWELL CONFIDENTIAL UBSTERRAMAR00001273 EF
stimates and assumptions that the Millennium Management Group believes are reasonable and appropriate, but which may be imprecise and may result in Millennium USA's bearing a larger portion of such expenses than if they were calculated in a different manner. Assets of the Millennium Management Group, including,
al Withdrawal Date") without being subject to any 25% quarterly limit or Early Withdrawal Charge that would otherwise be applicable to such Offered Quarterly Interests. A withdrawal request in respect of a Trigger Event may not be rescinded by the Limited Partner (absent the consent of Millennium Management) follo
Entities connected to both Millennium USA's and Quarterly Interests

Millennium
ORGANIZATIONMillennium International, Ltd.
ORGANIZATIONMillennium Partners
ORGANIZATION
United States
LOCATION
New York
LOCATIONErnst & Young LLP
ORGANIZATIONTrigger Event
ORGANIZATIONCayman
LOCATIONthe U.S. Investment Company Act
ORGANIZATIONThe Master Partnership's Organization
ORGANIZATION
U.S. Treasury
ORGANIZATIONManagement of Millennium USA
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONMillennium Offshore Intermediate
ORGANIZATION
Ghislaine Maxwell
PERSONGlobeOp Financial Services
ORGANIZATIONIndependent Public Accountants
ORGANIZATIONKeogh
ORGANIZATIONCapital Structure
ORGANIZATIONMaster-Feeder Relationship
ORGANIZATION