on the last day of the calendar quarter occurring on at least 12 months after the date of such investment subject to a 4% withdrawal fee payable to the Asia Growth Master Fund; or (ii) investors that make an investment in Series Two pay a monthly management fee of 0.1667% (2% per annum) of their capital account balance an

on the last day of the calendar quarter occurring on at least 12 months after the date of such investment subject to a 4% withdrawal fee payable to the Asia Growth Master Fund; or (ii) investors that make an investment in Series Two pay a monthly management fee of 0.1667% (2% per annum) of their capital account balance an