PROMISSORY NOTE $160,000.00 FOR VALUE RECEIVED, the undersigned, Mark Lloyd ("Borrower") hereby promises to pay to the order of Jeffrey E. Epstein ("Lender") the principal sum of ONE HUNDRED SIXTY thousand and 00/100 DOLLARS ($160,000.00), plus interest on the unpaid principal balance at the rate of two percent (2%) per annum (the "Interest Rate"). The unpaid principal balance of this Note, and all accrued interest thereon, shall be due and payable on July 16, 2015. All computations of interest and principal under this Note shall be made by Lender, and absent manifest error, such computations shall be conclusive and binding upon Borrower. Payment of principal, interest or other sums payable on or in respect of this Note or the indebtedness evidenced hereby shall be made by Borrower directly to Lender in United States Dollars by wire transfer to Lender's Account, not later than 5:00 p.m., Atlantic Standard Time, on the due date of such payment, and in immediately available and freely transferable funds. This Note evidences the obligations of Borrower (a) to repay the principal amount hereof as provided herein, (b) to pay interest, as herein provided, on the principal amount hereof remaining unpaid from time to time, and (c) to pay other amounts, which may become due and payable hereunder as herein provided (collectively, such obligations are the "Obligations"). For all purposes of this Note, the following terms shall have the respective meanings set forth below: — "Bankruptcy Code" means Title 11, United States Code, as now and hereafter in effect, or any successor statute. — "Business Day" means a day on which Lender is open for business in St. Thomas, U.S. Virgin Islands. — "Default Rate" has the meaning ascribed to it below. — "Holder" means, at any time of determination, Lender or any other person who is at such time a lawful holder in possession of all or any portion of this Note. — "Lender's Account" means an account to be hereafter d