ESCROW AGREEMENTEscrow Agreement • December 8th, 2010 • Icon Eci Fund Fifteen, L.P. • Services-equipment rental & leasing, nec • New York
ICON ECI FUND FIFTEEN, L.P., a Delaware limited partnership (the “Company”), proposes to offer and sell up to 400,000 limited partnership interests (“Interests”) in a public offering (the “Offering”) of Interests pursuant to a registration statement on Form S-1 (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission (the “SEC”). ICON Securities Corp., a Delaware corporation (the “Dealer Manager”), will act as dealer manager for the offering of Interests. The Company is entering into this agreement to set forth the terms on which UMB BANK, N.A. (the “Escrow Agent”) will, except as otherwise provided herein, hold and disburse the proceeds from subscriptions for the purchase of Interests in the Offering until such time as: (i) in the case of subscriptions received from non-affiliates of the Company, the Company has received subscriptions for 1,200 Interests (the “Minimum Offering”) and (ii) in the case of subscriptions received from residents of the
