DERRICK GOLF & WINTER CLUB Shareholder (Membership) Information

DERRICK GOLF & WINTER CLUB Shareholder (Membership) Information All members must pay a non-refundable Transfer Fee and purchase a Club Share, which en...
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DERRICK GOLF & WINTER CLUB Shareholder (Membership) Information All members must pay a non-refundable Transfer Fee and purchase a Club Share, which entitles members and their families to use Club facilities according to their membership status. One time cost to purchase a Club Share is Personal  

Share Transfer Fee

Corporate

$100 $7,000

Share Transfer Fee

$100 $10,500

To become a Golf Member a Golf Certificate has to be purchased and nonrefundable Certificate Transfer Fees paid. One time cost to purchase a Golf Certificate is Personal  

Golf Certificate $100 Certificate Transfer Fee $17,800

Corporate

Corporate Certificate $100 Corporate Transfer Fee $26,700

Transfer Fee Installments

The Transfer Fees in place at the time of joining can be paid in full or the following installment plan may be used: o 1/3 at the time of joining. o 1/3 when coming off the wait list, or one year after joining, whichever is longer. o 1/3 one year after the second payment. Additional Information Program Fees are Extra. Athletic or Social dues can be paid annually or monthly. Fees & Dues are subject to GST. Corporate Memberships have the right to change nominees for a fee of half of the transfer fee in place at the time of transfer. Athletic & Golf shareholders (active & waitlist) are subject to a facility improvement fee of $50.00 monthly. This fee is dedicated to capital projects and debt retirement.

Types of Memberships Social Membership – Social members can use all Food & Beverage areas of the club and can take part in all club social events. Social members do not have access to the locker rooms, the athletic facilities or the golf course. Social members can use the athletic facilities up to a maximum of twelve times a year. A guest fee will be charged. SOCIAL MONTHLY DUES

SHAREHOLDER SPOUSE CHILD 0 - 18

$ 53.00 $0 $0

Athletic Membership – Includes a Social membership. Athletic members can use all Athletic areas of the club, including locker rooms, as well as all Food & Beverage areas. Athletic members do not have access to the golf course, except as a guest of a golf member. Athletic members have access to the driving range and practice areas through a daily fee or seasonal pass (limited number). *Intermediate membership may be required

ATHLETIC MONTHLY DUES

SHAREHOLDER SPOUSE CHILD 0 - 5 CHILD 6 - 11 CHILD 12 - 15 CHILD 16 - 17 CHILD 18 - 20 * CHILD 21 - 23 * CHILD 24 + *

$ 150.40 $ 75.20 $0 $ 11.35 $ 21.80 $ 26.25 $ 35.25 $ 75.20 $ 75.20

MONTHLY FACILITY IMPROVEMENT FEE

$ 50.00 $0 $0 $0 $0 $0 $0 $0 $0

Golf Membership – Includes a Social membership. Golf members can use all Food & Beverage areas of the club. Golf members have access to the golf course and golf practice facilities and the locker rooms. Golf dues include driving range usage, club storage and pull carts. Golf members can use the athletic facilities up to a maximum of twelve times a year. A guest fee will be charged. *Intermediate membership may be required

SHAREHOLDER SPOUSE CHILD 0 - 5 CHILD 6 - 11 CHILD 12 - 15 CHILD 16 - 17 CHILD 18 - 20 * CHILD 21 - 23 * CHILD 24 + *

GOLF PER YEAR

$ 3,990.00 $ 1,995.00 N/A $360.00 $ 563.00 $ 721.00 $ 865.00 $ 1,300.00 $ 1,995.00

MONTHLY FACILITY IMPROVEMENT FEE

$ 50.00 $0 $0 $0 $0 $0 $0 $0 $0

Golf/Athletic Membership – Includes a Social Membership. Golf/Athletic members can use all areas of the club including Food & Beverage, Locker Rooms, Athletics and Golf. Golf dues include driving range usage, club storage and pull carts. *Intermediate membership may be required

SHAREHOLDER SHAREHOLDER

GOLF PER YEAR

GOLF / ATHLETIC MONTHLY DUES

MONTHLY FACILITY IMPROVEMENT FEE

$ 3,990.00 $ 3,550.00

$ 75.20 $ 75.20

$ 50.00 $ 50.00

$ 1,995.00 N/A N/A $ 563.00 $ 721.00 $ 865.00 $ 1,300.00 $ 1,995.00

$ 37.60 $0 $ 11.35 $ 21.80 $ 26.25 $ 35.25 $ 75.20 $ 75.20

$0 $0 $0 $0 $0 $0 $0 $0

(Non prime time)

SPOUSE CHILD 0 - 5 CHILD 6 - 11 CHILD 12 - 15 CHILD 16 - 17 CHILD 18 - 20 * CHILD 21 - 23 * CHILD 24 + *

Junior Golf Development Program – Open to sons and daughters (ages 12-18) of athletic and social members. Membership Limits

The Board of Directors establishes a membership limit in our athletic and golf membership categories in order to assure desired access to our facilities for all members. Currently the limit for Athletic Membership is 750 shareholders and 500 Golf Shareholders including 450 prime time and 50 non prime time certificate players. A social membership is required to go on the wait list. Wait List Options Athletic Wait List - There are two choices while on the athletic wait list 1. Athletic wait list members are charged the monthly social dues. In addition to all social member privileges, shareholders, their spouses and dependants can use the club’s athletic facilities twice per month. The two visits are non accumulative and guest fees are not charged. In addition, athletic wait list members can sign themselves in as a guest up to 12 times per calendar year. Regular guest fees do apply. Programs are available to shareholders, spouses and dependants if space is available one week prior to start. Junior program participation is not included in the twice a month visits or the 12 annual guest visits 2. Non-peak time athletic wait list members are charged 80% of the full dues. In addition to all athletic member privileges, programs are available to shareholders, spouses and dependants if space is available two weeks prior to the program start. Members with non-peak time access are unable to use the athletic facilities, unless in a registered program, Monday to Friday 8:30am – 11:00am & 4:00pm – 6:30pm and Saturday 9:00am – 2:00pm.

Golf Wait List 

  

Shareholders on the golf wait list can golf two times per month (non accumulative) in non-prime times and pay guest green fees in place. One of those two times they can bring up to 3 guests. The tee times must be booked through the Golf Shop no earlier then the day prior to play. Spouses of shareholders on the golf wait list can golf one time per month in nonprime times and pay guest green fees in place. The tee times must be booked through the Golf Shop no earlier then the day prior to play. In addition to the above, shareholders and spouses on the golf wait list can be signed in as a guest by a golf member up to six times per golf season at the regular guest green fee When coming off the wait list, members will go to prime time or non prime time, depending on where the opening occurs.

Updated May, 2014

Derrick Golf and Winter Club Application for Share Subscription and Membership Date ___________

Type of share (check one) Personal ____ Corporate ____

If Corporate, the name of share to be placed in __________________________________ Shareholder’s or Nominee’s name __________________________________________ Residence address ________________________________________________________ Postal code _____________ Residence phone __________________________________ Email __________________________________________________________________ Employer ___________________________ Occupation __________________________ Business address _________________________________________________________ Postal code _____________ Business phone ___________________________________ Email __________________________________________________________________ Spouse’s name __________________________________________________________ Employer ___________________________ Occupation __________________________ Business address _________________________________________________________ Postal code _____________ Business phone ___________________________________ Email __________________________________________________________________

Membership Categories Information Please check appropriate activity for each member of your family. Name

Date of birth

Shareholder _________________________________ Social only __ Athletic __ Golf __ Spouse

_________________________________ Social only __ Athletic __ Golf __

Dependant _________________________________ Athletic ___ Golf ___ Dependant _________________________________ Athletic ___ Golf ___ Dependant _________________________________ Athletic ___ Golf ___ Dependant _________________________________ Athletic ___ Golf ___ Continued on next page

Membership Application Information Name of Sponsoring Member, who is an active member in good standing of the Derrick Golf and Winter Club ________________________________ (not mandatory)

Previous or current private club memberships Club _____________________________________ membership from ______ to ______ Club _____________________________________ membership from ______ to ______ Club _____________________________________ membership from ______ to ______ Club _____________________________________ membership from ______ to ______

Do you, or anyone applying for membership on this application have a criminal record?

Yes _____ No _____

The Club welcomes all new members in the monthly publication. Do you wish to have your name included? Yes _____ No _____

I wish to pay my athletic or social dues (please check one): Annually ______

Monthly ______

The enclosed Membership Agreement must be signed for the application to proceed.

Please Sign the attached Membership Agreement DERRICK GOLF & WINTER CLUB MEMBERSHIP AGREEMENT I, the undersigned Share Applicant or duly authorized Corporate Designee, hereby acknowledge that, if accepted as a Shareholder at the Derrick Golf and Winter Club, the individual or corporate Shareholder receives no rights other than as a Shareholder plus the right to apply for a membership. I, the undersigned hereby agree, in respect of credit privileges which may be granted, to pay all dues owed and charges made on my account as evidenced in monthly statements and in accordance with the Rules and Regulations of the Club as may from time to time be established and published by the Board of Directors, plus interest on such dues and charges outstanding for more than 30 days, compounded monthly, plus the full costs of collection including legal fees on a solicitor/client basis (“Interest and Collection Costs”). If this is a corporate share application, as a duly authorized officer or agent of the corporation share applicant, I agree that the corporate share applicant shall be responsible for such dues, charges, interest and collection costs. If I am the Corporate Designee of the Corporate Share Applicant, then I agree to be jointly and severally responsible for the said dues, charges, Interest and Collection costs. I, the undersigned, agree and acknowledge that if the within applicant for membership is accepted by the Derrick Golf and Winter Club, upon acceptance, I as a member or a corporate designee: a. Adopt and agree with, and to be bound by, the “Articles of Association” and the “Rules and “Regulations, as they may be amended from time to time. b. Without restricting the generality of the foregoing, will pay fees, dues, interest and collection costs and charges including without restriction, entrance fees, membership fees, annual dues, seasonal dues, transfer fees, assessments, deposits and charges payable by members upon admission to the club or payable by members upon admission or transfer to categories of membership of the club or payable for use of club or pro shop facilities or purchases from the club or pro shop of merchandise, food, beverages and services, and that the Board may from time to time determine the terms of payment of such amounts. c. Acknowledge that membership in the Derrick Golf and Winter Club conveys to the member certain rights and privileges as set forth in the Articles and as otherwise established by the Board of Directors from time to time. d. Agree to remain as a member (or that the Corporate Shareholder shall be a member) at the Derrick Golf & Winter Club in one of the categories of membership as listed in the Articles of Association for as long as a member is an active Shareholder. e. Release and Waiver – “I agree that in no event shall the Derrick Golf & Winter Club (“Derrick”), its Directors, Members, Management or Employees be subject to any liability whatsoever for the loss, theft or destruction of, or damage to, any items I may store at the Derrick’s premises. By signing below, I am choosing to store my clubs, equipment and other personal items at the Derrick’s premises, including golf shop, lockers, locker rooms and fitness area, entirely at my own risk. I hereby release the Derrick and its Directors, Members, Management and Employees from any and all liability or responsibility for items stored or theft at the Derrick and I make this Release and Waiver on behalf of myself, my heirs, executors, assigns and any party purporting to have a subrogated interest under

or through me including but not limited to my insurers.” f.

Acknowledge that it is a member’s responsibility to contact the club should the member wish to apply for the Golf Wait List/Golf Certificate.

g. Acknowledge that transfer fees are subject to change without notice to the membership. I, as the shareholder of a Basic Share or Corporate Designee of a corporate holder of a Basic Social Share, who has also made application for a Golf Certificate agree that: 1. The Golf certificate is bound by the Articles of Association, as they may be amended from time to time. 2. Without restriction of the generality of the foregoing, I as a Golf Certificate holder will pay all fees, dues and interest and collection costs or as a Corporate Designee of a corporate golf certificate holder, that the corporate holder and I will be jointly and severally responsible to pay all fees, dues and Interest and Collection costs. Applicants for the Golf Certificate may be subject to restrictions or privileges. 3. I as a golf certificate holder or Corporate Designee of a Golf Certificate holder agree that the Golf Certificate shall be retained in one of the categories of Golf Membership as listed in the Articles of Association for as long as I, or the corporate member, hold the Golf Certificate. h. All deposits for membership and/or the Golf Wait List are non refundable. This includes any other wait list in place. i.

Agree to allow communication by the Club’s email system for member statements and club information updates.

Privacy a. The Club collects personal information on the membership for internal use only, including the Club’s membership roster. Any and all personal information is kept in strict confidence and is only provided to an outside organization for the betterment of your membership. These include sporting organizations such as: The Alberta Golf Association, Badminton Alberta, Swim Alberta to which the Derrick members belong to through The Derrick Golf and Winter Club. The Club retains membership information only for the duration of your membership. The Club posts limited personal contact information on the Club’s secure website for members to contact other members. b. The Club’s secure online roster is located at www.derrickclub.com under the Member’s Section. This information is only accessible by members using a password and maintainable only by the members. Members can elect to remove all or part of their personal information (phone, e-mail, address, spouses name, children) at their discretion. c. The Club reserves the right to conduct a background search on applicants for financial and criminal history.

By way of application to the Derrick Golf & Winter Club, I accept the above membership agreement Name of Applicants (Printed):______________________________ Applicants Signature:_____________________________________ Date:__________________________________________________

Optional Payment Plan

All Memberships

Golf Memberships

Share Transfer Fee

Personal 100 7000

Corporate 100 10,500

Subtotal GST Total

7100 355 7455

10,600 530 11,130

Down payment 2 payments of

2805

4080

2325

3525

Share Golf Certificate Transfer Fee Subtotal GST Total Down payment 2 payments of

Golf Wait List Wait List Deposit GST Total Certificate Transfer Fees Subtotal GST Total 1st payment 2nd payment

Corporate 100 100

24,800 25,000 1250 26,250 9600

37,200 37,400 1870 39,270 14,320

8325

12,475

Golf No Wait List

Personal 5900

Corporate 8850

295 6195 Balance 100 11,900

442.50 9292.50 100 17,850

12,000 17,950 600 897.50 12,600 18,847.50 Payment Plan 6600 9847.50 6000 9000

Updated May 2014

Personal 100 100

Certificate

Personal 100

Corporate 100

Transfer Fees Subtotal GST Total

17,800 17,900 895 18,795

26,700 26,800 1340 28,140

1st payment 2nd payment 3rd payment

Payment Plan 6795 10,140 6000 9000 6000 9000