0000950005-04-000903 Sample Contracts

FORM OF ESCROW AGREEMENT
Escrow Agreement • December 30th, 2004 • ICON Leasing Fund Eleven, LLC • New York

This Escrow Agreement is dated and effective as of the ____ day of ______, 2005 and is made by and among ICON Securities Corp. (the “Dealer-Manager”), ICON Leasing Fund Eleven, LLC, a Delaware limited liability company (the “Company”), ICON Capital Corp., a Connecticut corporation and the manager of the Company (the “Manager”) and The JP Morgan Chase Bank, a New York State Chartered Bank (the “Escrow Agent”).

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