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284 FOR EXISTING INVESTOR USE ONLY fringe benefits, bonuses, fees and performance-based compensation (collectively "Compensation") paid to the Portfolio Managers and other employees of, and consultants to the Master Partnership and its affiliates. Compensation expenses will also generally include management
nderlying Fund, which is subject to the withdrawal terms of the Underlying Fund and may be delayed or suspended altogether. See "Millennium USA's Organization, Management, Structure, and Operations" in Part One of the Underlying Fund Memorandum. The Administrator may determine to satisfy a withdrawal request in full, without a
ro rata) portion of the expenses, salaries, fringe benefits, bonuses, fees and performance-based compensation (collectively "Compensation") paid to the Portfolio Managers and other employees of, and consultants to the Master Partnership and its affiliates. Compensation expenses may also include management or "base" f
Interests of Millennium USA 1-24 Millennium USA's Investment Program and Strategy 1-26 Use of Proceeds by Millennium USA I-26 Millennium USA's Organization, Management, Structure, and Operations 1-26 Management of Millennium USA I-33 The Administrator I-33 Fees and Expenses Relating to Millennium USA 1-35 Allocation of
ro rata) portion of the expenses, salaries, fringe benefits, bonuses, fees and performance-based compensation (collectively "Compensation") paid to the Portfolio Managers and other employees of, and consultants to the Master Partnership and its affiliates. Compensation expenses may also include management or "base" f
Interests of Millennium USA 1-24 Millennium USA's Investment Program and Strategy 1-26 Use of Proceeds by Millennium USA I-26 Millennium USA's Organization, Management, Structure, and Operations 1-26 Management of Millennium USA I-33 The Administrator I-33 Fees and Expenses Relating to Millennium USA 1-35 Allocation of
Entities connected to both the Portfolio Managers and Organization, Management, Structure

New York
LOCATION
Millennium
ORGANIZATIONCayman
LOCATIONErnst & Young LLP
ORGANIZATION
United States
LOCATION
UBS AG
ORGANIZATIONAdministrative Services
ORGANIZATION
U.S. Treasury
ORGANIZATIONOrganization, Management
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONManagement of Millennium USA
ORGANIZATIONRelated-Party Transactions
ORGANIZATIONMillennium Partners
ORGANIZATIONMillennium USA's
LOCATIONthe U.S. Investment Company Act
ORGANIZATIONSchulte Roth & Zabel LLP
ORGANIZATIONMillennium International, Ltd.
ORGANIZATIONTrigger Event
ORGANIZATIONThe Master Partnership's Organization
ORGANIZATION
Ghislaine Maxwell
PERSON