Membership Loyalty Agreement

This addendum is incorporated into and made a part of the attached membership application. In exchange for extension of membership privileges, Club hereby agrees to waive the applicable initiation fee as indicated below (“Initiation Fee”) subject to the terms and conditions stated herein.

INITIATION FEES


1. I understand that the waiver of the Initiation Fee as set out above does not provide for repayment of those sums. Further, I understand that the waiver of the Initiation Fee as set out above is in addition to any obligations between Applicant(s) and the Club set forth in the Club rules, regulations and bylaws.

2. In the event I resign my membership prior to the completion of one (1) calendar year of membership, I understand that I will be subject to a nonrefundable early termination fee in the amount of (50% of the applicable Initiation Fee)

3. For purposes of this agreement, a "calendar year" means 365 days from the date upon which I am accepted for membership in the Club.



The Crooked Creek Club
Membership Director

       

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