PROMISSORY NOTE September 20, 2010 IN CONSIDERATION of amounts advanced hereunder, Steven Victor, with an address at 30 East 76th Street, New York, New York 10021 (the "Borrower"), promises to pay to the order of Jeffrey Epstein, with an address at 6100 Red Hook Quarter, Suite B-3, St. Thomas, USVI 00802 ("Lender'), in lawful money of the United States, all principal, together with accrued interest and all other charges, owed under the terms of this Note as hereinafter set forth. The maximum principal advance to the Borrower under this Note shall be $50,000, and Lender shall have no obligation to make any advance in excess of that amount. As of the date hereof, Lender has advanced $45,000 to the Borrower under this Note. In the event the unpaid balance of this Note ever is greater than the maximum principal advance, the Borrower agrees to repay the excess immediately upon Lender's demand. Prior to maturity, interest shall accrue on the unpaid balance of the Note at the fixed rate of two percent (2%) per annum. The interest rate shall be computed on the basis of the actual number of days elapsed over a year of 360 days, and compounded annually. Such interest, however, shall not exceed the maximum interest rate permitted under New York law. After maturity, whether by acceleration, event of default, demand or otherwise, interest shall accrue on the unpaid balance of this Note at the fixed rate of twenty-five percent (25%) per annum. The interest rate shall be computed on the basis of the actual number of days elapsed over a year of 360 days, and compounded annually. If any interest in excess of the maximum provided for by law is called for, or shall be adjudicated to be so, the provisions of this paragraph shall govern, and neither the Borrower nor any of Borrower's successors or assigns shall be obligated to pay the amount of such interest to the extent that it is in excess of the amount permitted by law, and any such amount so paid, at the