ARTICLE II PRIVILEGES AND CLASSIFICATIONS OF MEMBERSHIPS
2.1 EQUITY MEMBERSHIP
This is an equity “Golf Membership” The owner of a Golf Membership becomes a Golf Member who, with the member’s familyis entitled to enjoy full use of the Club Facilities in accordance with the Club Regulations. Club Facilities include facilities for golf, swimming, tennis, dining, fitness centers, saunas and steam rooms. Activities include aerobics classes and social events. Voting rights are and shall be associated with this Membership.
2.2 CORPORATE MEMBERSHIP
This is an equity “Golf Membership” which entitles the Corporate owner and family to enjoy full use of the Club Facilities in accordance with the Club Regulations, in the same manner as Golf Members owning Equity Memberships. Voting rights are and shall be associated with this Membership.
2.3 NON EQUITY MEMBERSHIP
This is a non-equity, membership which entitles the holder and the holder’s family, for the term of the membership, to full use of the Club Facilities in accordance with the Club Regulations. Club Facilities include facilities for golf, swimming, tennis and dining, fitness centers, saunas and steam rooms, and activities include aerobics classes and social events. No voting rights are or shall be associated with this Membership. The Club does not offer this membership at this time.
2.4 HERITAGE MEMBERSHIP
This is a transferrable non-equity, membership which entitles the holder and the holder’s family, for the term of the membership, full use of the Club Facilities in accordance with the Club Regulations. Club Facilities include facilities for golf, swimming, tennis and dining, fitness centers, saunas and steam rooms, and activities include aerobics classes and social events. No voting rights are or shall be associated with this Membership. Transfer of this membership must be approved by the Club. The Club does not offer this membership at this time. This is a non-equity, membership which entitles the holder and the holder’s family, for the term of the membership, to full use of the Club Facilities in accordance with the Club Regulations, except that golf privileges are limited to Tuesday through Friday only (no golf privileges are permitted under this membership on Mondays, Saturdays or Sundays). Club Facilities include facilities for golf (Tuesday through Friday), and during all Club hours for swimming, tennis, dining, fitness centers, saunas and steam rooms, with activities including aerobics classes and social events. The holder can upgrade this membership to an Equity Golf Membership on specified terms and conditions. In the event of such an upgrade, the cash initiation fee paid by the holder may be credited toward the purchase of the Equity Golf Membership. This membership is available to persons 66 and older. No voting rights are or shall be associated with this Membership.
2.5 SENIOR MEMBERSHIP
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