HUBUS133 Alpha Group Capital GAAP. A qualified report by the auditors could have an adverse impact on the Underlying Funds' financing and other agreements. Non-U.S. Domicile of the Master Fund A substantial portion of the Partnership's investable assets are invested in the Master Fund. The Master Fund is incorporated in the Cayman Islands. It may be more difficult for Limited Partners to bring claims and/or enforce judgments in proceedings in the Cayman Islands than it would be in the United States. Also, the Cayman Islands are a substantially less regulated jurisdiction than the United States and have materially different laws (regarding, for example, bankruptcy and insolvency). Amendment of Withdrawal Rights Pursuant to the terms of the Partnership Agreement, Limited Partners (including affiliates of the General Partner who are Limited Partners) that are entitled to vote and have in excess of two-thirds of the partnership percentages of the Limited Partners may approve any amendment to the Partnership Agreement that would restrict the withdrawal rights of all Limited Partners. Accordingly, the withdrawal rights of any Limited Partner as described herein and as set forth in the Partnership Agreement are subject to change at any time. Withdrawal rights that may be affected include, without limitation: the notice period for withdrawals; the frequency of withdrawals, generally; and the time and mechanism that the Partnership may require to pay withdrawal proceeds (including the implementation of a so-called "slow pay" mechanism for liquidating assets of the Partnership that are impaired, illiquid and/or hard to value). The amendment of the withdrawal rights of all Limited Partners could adversely affect the value of a non-consenting Limited Partner's Capital Account if the value of the Underlying Funds' investments depreciate following the time such Limited Partner would have withdrawn all or a portion of its Capital Account, but was prevented