Membership Options & Referral Program Family Golf Membership: As a Family Golf Member of Vermont National Country Club you have use of all club amenities for your immediate family (children under age 23) for a total non-refundable initiation fee of only $7000. Initiation fee may be spread over an 18-month period. • • • •

Family Dues Monthly: $520 Family Dining Minimum Yearly: $750 Bag Storage Yearly: $155 per bag Locker Rental Yearly: $105 per or $160 for two lockers

Family Golf Referral Program As long as the account stays current a credit of $100 per month beginning with my first month’s dues, will be applied to my club account for a maximum of 24 months. A sponsoring member from Vermont National Country Club may receive a $100 referral credit per month on their dues for a maximum of 24 months as long as the account remains current

Individual Golf Membership: As an Individual Golf Member you have use of all club amenities and your spouse and children (children under age 23) have Social Membership privileges, for a total nonrefundable initiation fee of only $7000. Initiation fee may be spread over an 18-month period. • • • •

Individual Dues Monthly: $372 Individual Dining Minimum Yearly: $550 Bag Storage Yearly: $155 per bag Locker Rental Yearly: $105 per locker

Individual Golf Referral Program As long as the account stays current a credit of $75 per month beginning with my first month’s dues, will be applied to my club account for a maximum of 24 months. A sponsoring member from Vermont National Country Club may receive a $75 referral credit per month on their dues for a maximum of 24 months as long as the account remains current.

Trial Membership: Trial Membership is a one-year dues commitment with $0 initiation fee. You will be responsible for one year’s dues payable at time of application for either family or individual full golf membership. If I choose to continue the membership after my one- year trial period, you will be responsible for the $7000 initiation fee and applicable dues.

Junior Executive Golf Membership

Ages 33 years and under):

As a Junior Executive Golf Member you will have use of all club amenities and your spouse and children (under 23) have Social Membership privileges, for a total non-refundable initiation fee of only $3500. Initiation fee may be spread out over an 18-month period. • • • • •

Junior Family Dues Monthly: $260 Junior Individual Dues Monthly: $186 No Dining Minimums Bag Storage Yearly: $155 per bag Locker Rental Yearly: $105 per locker $160 for two lockers

Junior Executive Referral Program A credit on my club statement of $40/70 per month beginning with my first month’s dues, for a maximum of 18 months as long as my account remains current. A sponsoring member from Vermont National Country Club may receive a $40/70 referral credit per month on their dues for a maximum of 18 months as long as the account remains current.

Senior Executive Membership (New Members Age 70 and up): As a newSenior Golf Member (Age 70+) you will have use of all club amenities and your spouse and children (under 23) have Social Membership privileges, for a total nonrefundable initiation fee of only $3500. Initiation fee may be spread out over an 18-month period with payments of three equal installments. • • • • •

Senior FamilyDues Monthly: $260 Senior Individual Dues Monthly: $186 Annual Dining Minimum of $275 for Individual - $375 for Family Bag Storage Yearly: $80 per bag Locker Rental Yearly: $60 per locker $100 for two lockers

Senior Reward Referral Program A credit on my club statement of $40/70 per month beginning with my first month’s dues, for a maximum of 18 months as long as my account remains current. A sponsoring member from Vermont National Country Club may receive a $40/70 referral credit per month on their dues for a maximum of 18 months as long as the account remains current. Ongoing locker and bag storage fees still apply to all newsenior members. If the new member terminates their membership prior to the 18-month contract, the sponsoring member shall no longer receive a monthly credit.

Large Business Program: Our corporate membership is a $2500 initiation fee per person for 6+ corporate employees, clients, or for use as an incentive program within your sales organization. The corporation owns each membership and can assign them in any way beneficial to the corporation or its employees. Applications are subject to Vermont National Country Club approval. Each corporation will be asked to designate the names of their members annually. Each corporate membership is a full golf membership inclusive of all amenities at Vermont National Country Club. • • • • •

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Family Dues Monthly: $520 Individual Dues Monthly: $372 Family Dining Minimums Yearly: $750 Individual Dining Minimums Yearly: $550 Bag Storage Yearly: $155 per bag Locker Rental Yearly: $105 per locker $160 for two lockers

Large Business Referral Program Sponsoring members from Vermont National Country Club will receive a $5000 dues credit. I understand that any of my employees designated as a corporate member at Vermont National Country Club who subsequently leave the company as an employee would be entitled to pick up his/her membership in an individual arrangement with the club, making that former employee responsible for his/her own dues payments.

Small Business Program: Our corporate membership is a $3500 initiation fee per person for 3 to 5 corporate employees, clients, or for use as an incentive program within your sales organization. The corporation owns each membership and can assign them in any way beneficial to the corporation or its employees. Applications are subject to Vermont National Country Club approval. Each corporation will be asked to designate the names of their members annually. Each corporate membership is a full golf membership inclusive of all amenities at Vermont National Country Club. • • • • • •

Family Dues Monthly: $520 Individual Dues Monthly: $372 Family Dining Minimums Yearly: $750 Individual Dining Minimums Yearly: $550 Bag Storage Yearly: $155 per bag Locker Rental Yearly: $105 per locker $160 for two lockers

Small Business Referral Program Sponsoring members from Vermont National Country Club will receive a $3500 dues credit on their account for selling a corporate membership during this recruitment program. I understand that any of my employees designated as a corporate member at Vermont National Country Club who subsequently leave the company as an employee would be entitled to pick up his/her membership in an individual arrangement with the club, making that former employee responsible for his/her own dues payments

Non-Resident Golf Membership (Must reside 75 miles from VNCC): As a Non-Resident Member a one-time initiation fee of $3500 will be due with your application. • • • •

Non-Resident Yearly Dues: $1,805 No Dining Minimums Bag Storage Yearly: $155 per bag (space available) Locker Rental Yearly: $105 per locker $160 for two lockers (space available)

Referral Program A $500 credit will be applied per year off my annual dues up to two years. A sponsoring member from Vermont National Country Club shall also receive a one-time credit of $500.

Social Membership: I would like to join Vermont National Country Club as a Full Social Member and have use of limited club facilities for a total initiation fee of only $2700. Initiation fee to be paid as follows: $1500 with application and $1200 due 6 months after application approval. • • • •

Family Dues Yearly: $1336 Individual Dues Yearly: $950 Family Dining Minimums: $525 Individual Dining Minimums: $300

Social Referral Program My sponsoring member will receive a one-time $250 club credit that will be applied to their account.

Vermont National Country Club Membership Information Thank you very much for your interest in membership at Vermont National Country Club, “Where Nature meets Nicklaus”. Vermont National is home to a beautiful 18-hole Jack Nicklaus/Jack Nicklaus II Signature Design championship course, the first of its kind in NewEngland. We are delighted to offer you the following information regarding membership at our Club. Originally founded in 1997, the Club is situated on over 400 acres of beautiful Vermont countryside, encompassing some of the region’s most spectacular views of both the Green and Adirondack Mountains. VNCC opened its front nine holes and driving range on July 17, 1998. The Farmhouse, which nowserves as a multi-function facility, as well as the Swim & Tennis Department and Snack Bar, served as the original Clubhouse. The back nine opened during the summer of 1999. The main Clubhouse, along with the Swim & Tennis facilities, opened during the late spring-early summer of 2000. VNCC operates as a Private facility. Several categories of Private Membership are available. The Clubs Membership Plan calls for a cap of 375 Golf Members and a guarantee against assessments. Aside from the spectacular golf course described above, your membership includes unlimited access to one of the Northeast's' premiere full service country clubs, featuring: A grand $4.1 million dollar, 13,500 square foot Clubhouse built in 2000 includes: o Full service Dining Room and Lounge o Private function space for 10 to 250 guests o Beautifully appointed men and women's locker room facilities o Award winning Golf Shop, with a full line of men and women's apparel, clubs, regripping services, club fitting, GHIN computer, shoe care and more o Members enjoy automatic discounts on all merchandise o Bag storage for members The area s most comprehensive golf practice facilities including: o A spacious bent grass practice green o Long and short ranges with space to accommodate 30 players o Chipping green and practice bunkers (fairway and greenside) o Professional golf instruction for all skill level 2 professionally maintained har-tru tennis courts: o Men's, women's and mixed leagues o Skill development clinics o Club sponsored tournaments o Individual and group instruction starting at age 3 A fully staffed Junior Olympic swimming pool complex: o Bocce and lawn chess

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American Red Cross certified swimming instruction "VNCC Knight's" Champlain League Swim Team Separate wading pool Full service snack bar and casual dining on "The Brick Patio" Men and women's changing and shower rooms And so much more!!!

The reason VNCC is so unique is that the staff works very hard to ensure that each and every member is made to feel “special”. The Club is a social environment and our philosophy is to anticipate the needs and wants of our members and to conduct business with the highest degree of professionalism. Above all, the staff strives to foster an environment of "a family serving a family". I hope that the information included herein will be useful to you and I am truly grateful for your interest in membership at Vermont National Country Club. I look forward to speaking with you personally about our Club, taking you on a guided tour, or perhaps even arranging dinner or a round of golf for you. Please contact me with any questions. Cordially,

Zack Zachary A. Wyman Membership Director/Head Golf Professional 802.264.9420 zackw@ vermontnational.com