Own a yacht and only pay for when you use it. Own a yacht and use it as a business and make a profit. Put a group together and have the most fun you can imagine.

1. Interval Ownership Story

2. Interval Ownership Story Advantages of Interval Ownership Have it all – a Yacht, Peace of Mind and Financial Asset Have Flexibility to Use for Personal or Business Maintain Capital, Maximize Use and Get a Return

4. Simplicity of Yacht Ownership Cost of Yacht Shares Owner Cost Yearly Operating costs Approx 8% That’s it!

5. Choice of Locations South Pacific West Mediterranean Florida New England Adriatic Sea Caribbean

6. Travel the world and have not a care

7. Fully Crewed

8. Custom Culinary Experience – First Class

9. A Full Selection of Toys For your Personal Use

10. Beautiful Yachts

12. Another Yacht To Enjoy

14. Do you want to Sail

15. Our Newest Option – Class, Fun and Space

16. The Basic Concept Example: TOTAL YACHT PURCHASE PRICE $5,000,000 YOUR TOTAL 10% PURCHASE PRICE $500,000 TOTAL ANNUAL OPERATING EXPENSES $400,000 YOUR 10% SHARE CONTRIBUTION $40,000 EACH SHARE EQUALS 4 ANNUAL WEEKS ON THE YACHT

17. Interval vs. Chartering $5 million 100’ Yacht 10% Interval Charter

19. OWN AS A BUSINESS SUMMARY of the Cash Outlay and Depreciation Purchase Price $5,000,000 Your 10% Interest Investment $500.000 Your Cash Down Payment (25%) -$125,000 75% Financing @ 6% interest only $375,000 Your Depreciation Tax Basis $500,000

21. OWN AS A BUSINESS CASH FLOW STATEMENT: Net Charter Income $128,000 Less: 10% Share of Operating Expenses $40,000 6% Loan Interest $22,500 Total Cash Expenses $62,500 Cash Income $65,500 RETURN ON YOUR INVESTMENT ___________ Cash Income $65,500 = 52.4% Return Initial Investment $125,000 on Investment

22. OWN AS A BUSINESS ASSUME FUTURE SALE IN YOUR EXAMPLE Future Sale Price (1/10) $470,000 Payoff Existing Loan - $375,000 Proceeds from Sale $ 95,000 Make sure you consult with your tax attorney or financial advisor to apply to your specific situation. Perform what ifs i.e. you do not charter one or two weeks in a year; or you are obligated to pay capital gains on you sale. Is it in your best interest?