The document summarizes the securities lending program offered by ICON Securities Lending. It provides details on the benefits of securities lending such as non-purpose and non-recourse loans with high loan-to-value ratios and low fixed interest rates. The document outlines ICON's loan process, criteria for acceptable collateral, examples of past loans, and addresses common questions around the program such as what happens at the end of the loan term, the loan-to-value ratio, ownership of the stock during the loan, and tax implications.

1. ICON Securities LendingNon-Recourse Lending Simple & Quick

2. NO Credit Check

3. NO Upfront Fees

4. NO Closing Costs

5. NO Income Verification

6. NO Personal Guarantee

7. Benefits of Securities LendingLoans are “Non-Purpose” – loan can be used for virtually anything borrower wants to accomplish (personal or business) Loans are “Non-Recourse” – giving the borrower the opportunity to simply “walk away” if the collateral falls below a set floor amount High Loan-to-Values – up to 80% LTV(depending upon security); which is much higher than banks and brokerage companies can offer Interest Only Payments – principal payment at maturity; otherwise loans can be refinanced or extended Low Fixed Interest Rates – usually between 2% to 4% Flexible Loan Terms – minimum of 3 years; may be as long as 10 yearsBorrower Retains Beneficial Ownership of SecuritiesBorrower Receives ALL Dividends & ALL Appreciation

8. What is a Securities Loan?Borrowers use their stocks & other securities to obtain loans for personal or business purposes.Q: “Is stock the only asset I can use as collateral for a securities based loan?”A: NO – In additional to stocks, ICON also works with individual investors who have other types of investment assets, such as mutual funds, exchange trade funds (EFTs), bonds, or U.S. Treasuries. We assess each client’s desired collateral on a case-by-case basis – please contact us to determine if your assets meet our requirements.

9. Funding Criteria – What WorksSecurities must be Publicly & Actively TradedAcceptable Securities Include –StocksMutual FundsBondsU.S. Treasury NotesMost Foreign Securities

10. Funding Criteria – What Doesn’t WorkInstruments NOT Usable as Collateral include –CD’s*Money Market Accounts*AnnuitiesSBLC’sBank Guarantees or WarrantiesCommoditiesCMO’sGold or Silver MinesPrecious StonesBearer Bonds*Private Notes or Private BondsMaturing Bonds (coming due within 3 years)401(k)’s, IRA’s or any Restricted Retirement Funds* CD’s, Money Market Accounts & Bearer Bonds may be converted to cash; then acceptable securities may be purchased and used as collateral.

11. Why Choose ICON?ICON Commercial Lending is a trusted authority for Stock Loans. ICON is a Full-Service Securities Lender with a proven track record in providing world-class customer service to their clients.Securities Lending is a long-established process – hundreds of successful stock-lending transactions which have been executed involving the American Stock Exchange (AMEX), National Stock Market and Small Cap Stock Market (NASDAQ), New York Stock Exchange (NYSE), Over-the-Counter Bulletin Board (OTCBB), and certain foreign exchanges.Forward-thinking investor who wants to retain the future ownership of your assets as well as leverage the present value of your securities for immediate cash needs, this can utilize ICON’s terrific securities lending program. Securities lending offers loans that are both non-purpose & non-recourse and can be used for any business or personal use.

12. ICON's Commitment to YouICON is committed to provide you the professional services you need to quickly achieve your financing needs –To that end, ICON promises to manage your business affairs in the fashion you expect. ICON provides you with:Honesty & Personal Attention - ICON is committed to carrying out each step of the funding using a straightforward process. There will be NO Surprises, NO Delays and NO Last Minute Changes.Giving you ALL the facts up front, working with you one-on-one, having the flexibility to meet your needs, and providing clear and constant communication are fundamental to how we service each client.

13. ICON's Approach to BusinessICON offers you an experience that is truly unique in today's volatile capital markets with a wide range of lending terms & options for the acquisition or refinancing of all types commercial & residential real estate or any general business or personal use.ICON is committed to provide the securities lending industry's most straight-forward, personal, and customized solutions to investors in need of prompt funding. ICON provides quick response in today's demanding marketplace.ICON promises to provide you - A proven and straightforward process built around your needs. What you want is what you get!We understand that you’re a forward-thinking investor who wants to retain the future ownership of your assets. But you also want to leverage the present value of your securities for your immediate cash needs.ICON approaches getting to a funding solution for you in the same straightforward way. Every step in our process is clearly spelled out, giving you complete control. Our proven and efficient process streamlines loan paperwork — as well as asset & fund transfers — for a rapid and trouble-free experience.

14. EXAMPLES of Closed Stock LoansCollateral: 10 Year US Treasury NotesLoan Amount: $8,000,000LTV: 80%Interest Rate: 3.25%Loan Term: 3 YearsUse of Funds: Purchase Commercial PropertyCollateral: Stock PortfolioLoan Amount: $2,745,000LTV: 70%Interest Rate: 3.5%Term: 3 yearUse of Funds: Personal UseCollateral: Common Stock Owned by Corporate OfficerLoan Amount: $24,300,000LTV: 65%Interest Rate: 4%Loan Term: 3 yearsUse of Funds: Personal UseCollateral: Berkshire Hathaway StockLoan Amount: $8,650,000LTV: 78%Interest Rate: 2.85%Term: 3 yearUse of Funds: Commercial DevelopmentCollateral: Yahoo StockLoan Amount: $1,870,000LTV: 77%Interest Rate: 3.5%Term: 3 yearUse of Funds: Personal UseCollateral: Exchange Traded Fund (ETF) Otherwise known as SPR (Spider)Loan Amount: $5,390,000LTV: 70%Interest Rate: 4%Loan Term: 5 yearsUse of Funds: Retire Commercial Building Loan

15. Comparing Margin Loans vs. Securities Based LendingWhat’s the difference in just going to your brokerage house and obtaining a "margin loan" instead of utilizing ICON's lending program?1. Typical Margin Loan – FULL Recourse loans — additional liability, fees, and penalties may be assessed.2. Typical Margin Loan – For many brokerage houses, a credit requirement has been added as a qualifying factor.3. Typical Margin Loan – 50% LTV ratio4. Typical Margin Loan – Variable higher interest rates (typically 5% to 8% ARM's)5. Typical Margin Loan – Not all NASDAQ, AMEX, NYSE stocks are “marginable.”6. Typical Margin Loan – are not allowed to lend on stocks valued at less than $10.00 per share.7. Typical Margin Loan - If the share price drops below 75 percent to 80 percent of original total stock value, a margin call is initiated and may you normally have only one day to cure the default, which may result in the unwanted sale of your securities.ICON's Securities Loans have significant advantages over conventional margin loans.1. ICON Securities Loans are 100% NON Recourse with NO personal liability; you may walk away from an ICON loan with no penalties & NO negative credit reporting.2. ICON does NOT check your credit nor income.3. ICON Securities Loan are up to 80% LTV; depending upon securities’ trading volume and liquidity.4. ICON Securities Loans have a fixed lower interest rates from 2% to 5%5. ICON Securities Loans are available against all types of securities that qualify (including OTC:BB, “pink sheets”, and certain foreign exchanges).6. ICON offers the loan on any share price.7. ICON has a flexible process to “cure” your loan default. ICON’s "call" is set at 80% of the loan amount (approximately 65% of the stock value) and we offer 5 days to cure the default instead of only one day. Since ICON’s loans are non-recourse loans, if the borrower cannot cure the loan default they may simply walk away.

16. What is ICON’s Loan Process?We work with you at the pace you set, making your loan experience easy, fast, straightforward, and hassle-free. Here are the simple steps:1. Contact ICON with complete details about the proposed collateral and the amount of non-purpose funding needed.2. Provide proof of ownership of your securities, bonds, or options with either electronic or physical certificate documents. You must also be able to demonstrate that any security is free-trading and without restriction. Restricted securities to be reviewed on a case-by-case basis.3. ICON will first determine the viability of the loan and then calculate a loan-to-value (LTV) ratio and the fixed interest rate, based on an assessment of both short-term & long-term risks.4. You agree to terms, sign all contracts, arrange for your assets to be transferred. The loan is funded and you make quarterly fixed interest-only payments.5. At the end of the loan term, you repay the loan. Once your loan is repaid in full, we return the same amount of identical collateral to you.

17. How Long Does ICON’s Process Take?Normally, the process takes about 7 to 10 days for your loan to be funded, although funds can be deposited into your account as quickly as 3 to 5 days providing that all documentation of the proof of asset ownership is supplied promptly, contracts are signed, and transfers take place in a timely manner,. Depending upon the urgency of your situation and your individual needs which may requires more immediate attention, such as a margin call or a business deal with a pressing deadline, ICON will work with you to expedite or "fast track" the process.

18. What Happens at the End of the Loan?You pay the loan back, then we give you back the same number of shares you’ve pledged as collateral. However, depending on what your financial needs are at the time and how your collateral has performed during that period, there are a few other options:1. You can extend the term of the loan upon mutually agreed terms.2. In the event of portfolio growth, upon mutually agreed terms, you can refinance the loan at the end of the term.3. In the event of substantial decline in market value of your collateral, you can simply walk away from the loan with no additional expense because it is a non-recourse loan.