A lion rampant adorns this narrow, finely woven streamer.

At the touch of a paladin or knight, the image on this narrow banner changes to represent the coat of arms of its bearer. Once claimed, it can be transferred to a new owner only if the current owner is willing or the current owner dies. A pennon can be attached to a lance, carried by a cohort or follower, or flown as a standard from a saddle or any fixed object. Mounting a pennon is a standard action.
As long as a noble pennon flies within 60 feet of the knight or paladin who owns it, the save DC for his knight’s challenge increases by 1, and his smite evil attacks deal an extra 2 points of damage.
In addition, a pennon has 3 charges, which are renewed each day at dawn. Activating a pennon and spending 1 or more charges grants you a morale bonus on Fortitude or Will saves (your choice when activated) for 3 rounds.
1 charge: +2 morale bonus.
2 charges: +3 morale bonus.
3 charges: +4 morale bonus.

Prerequisites: Craft Wondrous Item, heroism.
Cost to Create: 2,500 gp, 200 XP, 5 days.