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Title: |
Selling Dealer Agreement |
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Date: |
2001 |
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Size: |
Preview shows 4KB of 45KB total |
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Price: |
$43 |
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ID: |
#1510335 |
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<SEQUENCE>5
<FILENAME>p14409ex1-2.txt
<TEXT>
100,000 SHARES OF MEMBERSHIP INTEREST
of
ICON INCOME FUND NINE, LLC
(a Delaware limited liability company)
SELLING DEALER AGREEMENT
________________, 2001
(Selling Dealer Name
and Address)
Ladies & Gentlemen:
Reference is made to the enclosed Prospectus (the "Prospectus")
relating to the offering by ICON Income Fund Nine LLC (the "LLC"), a Delaware
limited liability company, of membership interests in shares of $1,000 each (the
"Shares"). The Shares and the terms upon which they are offered are more fully
described in the Prospectus, which is dated as of the date (the "Effective
Date") on which the U.S. Securities and Exchange Commission (the "SEC") declared
the registration statement (the "Registration Statement") for the offering of
Shares to be effective.
Pursuant to the authority granted to ICON Securities Corp. by the LLC
in the Dealer-Manager Agreement, we have selected your firm, and you are
agreeing, to act as a Selling Dealer in accordance with the terms of this
Agreement. In particular, by executing this Agreement you (1) represent to us
and the LLC that your firm is now, and will at all times during which this
Agreement is effective remain, (a) a member in good standing of the National
Association of Securities Dealers, Inc. (the "NASD"), (b) duly qualified under
the securities and other applicable laws of each jurisdiction checked off on
Exhibit A to this Agreement (as such shall be immediately amended by you, as
necessary, to reflect any changes therein (i.e., additions thereto, or
subtractions therefrom, of states)) and (c) will offer Shares, directly and
through your registered representatives only to the residents of the states so
designated and (2) agree to offer to sell, on a best efforts basis, Shares (a)
directly to the general public, (b) in an aggregate amount not exceeding the
total maximum offering of 100,000 Shares to (c) subscribers who satisfy the
suitability standards set forth in the Prospectus and as determined by your firm
in accordance with the NASD's Conduct Rules as in effect during the Offering
Period (as defined below). All of such subscriptions, which shall be in the form
of Exhibit C to the Prospectus (the "Subscription Agreement"), are subject to
acceptance by the LLC and may be rejected in the sole discretion of ICON Capital
Corp., in its capacity as manager of the LLC (the "Manager") including, without
limitation, for the lack of necessary data or signatures on such Subscription
Agreements.
In general, the "Offering Period" for the sale of Shares commenced on
the date of the Prospectus (which is also the Effective Date) and will terminate
on the second anniversary thereof unless (1) the maximum offering is completed
earlier (e.g., through the sale of all 100,000 Shares) or (2) terminated earlier
(with notice to you and the other Selling Dealers) at the election of the
Manager, in its sole discretion (the "Termination Date"). In addition to the
foregoing general rules, each state must also authorize the sale of Shares to
its residents (which state effective dates will be either the Effective Date or
as otherwise may be set forth on a "Blue-Sky Survey" issued, or to be issued
from time to time after the Effective Date, by the general
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