GRANITE LINKS GOLF CLUB AT QUARRY HILLS 100 Quarry Hills Drive Quincy, MA 02169 617-689-1900 www.granitelinksgolfclub.com MEMBERSHIP AGREEMENT AND APPLICATION Applicant’s Name Today’s Date _______________ _______________ Completed Application Must be Submitted Between July 17-21, 2014 To Earn the “Love of Links” Promotion Savings. Individual Membership Corporate Membership # of Designees_______ Spouse Membership Granite Links Membership Application 1 GRANITE LINKS GOLF CLUB AT QUARRY HILLS MEMBERSHIP AGREEMENT AND APPLICATION A. PERSONAL INFORMATION (Each Corporate Designee must complete his/her own separate Membership Agreement for the common Corporate Membership account. Please make additional copies as needed for one, two or three Designees.) Applicant's Name Social Security Number Birth Date Spouse/S.O. Name Spouse/S.O. to have: Birth Date: _____Social Privileges (No Cost) _____ Golf & Social Privileges (Added Joining Fee and Dues) _____ N/A Applicant’s Address Number Street Ph - Home: City, State I-Cell Indiv email: Zip Code S-Cell Spouse email Unmarried children under the age of 21: Junior Golf Membership available for Member’s Children age 13-20. Current Dues $500/year. Separate Application Required. Children under 13 may golf for free with parent member. Child’s Name Birth Date __________________________________ _________________________ Privileges? ( ) Yes Golf Membership? ( ) Yes __________________________________ _________________________ ( ( B. ) Yes ) Yes BUSINESS INFORMATION Applicant's Company Name Work email Work Address Spouse/SI's Company Name Work email Work Address Title Type of Business Work Phone Title Type of Business Work Phone Spouse/SI's Company Name Granite Links maintains a private on-line Member Directory for reference by fellow members. Unless told otherwise, new members will automatically be added upon enrollment, following which the member may edit their own, including removing some or all of their contact information. Please indicate your initial preference ______OK to add me to the Directory Granite Links Membership Application ______Please do NOT list me in the Directory 2 C. GOLF AND PERSONAL REFERENCE INFORMATION INDIVIDUAL Years Playing Golf__________ Current Handicap_____________ SPOUSE MBR Years Playing Golf__________ Current Handicap_____________ Other golf clubs where you are or have been a member or Social, Civic or Professional Clubs and Organizations or Personal Reference: _____________________________________________________________________________ School(s) Attended_________________________________________________________________________________ Year Graduated__________ Degree/Major____________________________________________________________ D. CREDIT CARD INFORMATION (All Members must have current credit cards on file with the club.) Use First: Card Type ________ Account Number____________________________________ Exp Date _____________ Backup: Card Type ________ Account Number____________________________________ Exp Date _____________ I would prefer my monthly statements to be automatically charged to card above, with back up statement mailed to my: • Residence • Business E. TERMS OF MEMBERSHIP Application for Membership. The undersigned hereby applies for the following category of membership at Granite Links Golf Club (the "Club") under the following Initiation Fee (aka “Membership Deposit”) and Dues payment requirements: MEMBERSHIP CATEGORY (Check One) PHASE VI INITIATION FEE ____CORPORATE $35,000 $27,500 $ 5,000 $ 2,500 ____INDIVIDUAL ____SPOUSE ____YAM (age 21-30) SPECIAL TERMS New enrollments during the special “Love of Links” promotion may choose to apply all or part of any earned credits to reduce the new Member’s Initiation Fees, or be applied to the Member’s Annual Dues, or be held on the Member’s house account for future discretionary spending. Credit winnings could range from $1,000-$6,000 total for Individual or Corporate Memberships, or up to $600 for a Spouse or Young Adult Membership. Actual amount to be confirmed following the 2014 British Open.. Note: Corporate Initiation is per Company, not per Designee Member. Up to three Designee Members may be enrolled under this one common Corporate Initiation Fee, either all at once or as added at any future point. Initiation Deposits for Individual and Corporate Memberships are eligible for partial to full refund upon future resignation following a minimum three-year tenure as a Member in good standing, and in accordance with the replacement waitlist procedure and terms of the Membership Bylaws. Members remain responsible for dues while a resignation is pending. For purposes of eligibility, a Member’s three-year tenure will be 3 years following the date when the total Initiation Fee has been paid in full. Resignations completed via replacements following the official three-year anniversary up through ten will be eligible for a refund of 75% of the original Initiation Deposit. If the resignation replacement process is completed after the 10th official good-standing anniversary year, a 100% refund will apply. Modifications outlined in the 2009 bylaws amendment introduced a new option for a limited number of resignation list members to be considered for a fee-based immediate resignation without refund. INITIATION FEE PAYMENT OPTIONS: If not paid in full upon enrollment, Initiation Fees may be paid over a short or long term payment plan as outlined in an approved schedule below, commencing with not less than $7,000 down upon enrollment. (Terms longer than 12 months will be subject to 6% annual interest (1/2 % per month.) INITIATION FEE PAYMENT SCHEDULE: (Please complete) Amount to be Paid Upon Execution $ Charged to CC on Application? Or Other Method Of Payment ___________ ____________ Granite Links Membership Application Initiation Fee Balance (If Applicable) $ . 3 Payment Schedule for Initiation Fee Balance: (If Applicable) Payment Dates Principal Payment Interest Payment (6%/year) Total Payment Due Remaining Balance (Prior Balance Less Principal Payment) Note: There is no penalty for pre-payment ahead of the indicated schedule. Paying earlier can reduce interest expense and will result in a sooner start of the membership’s official anniversary date. MEMBERSHIP DUES Dues amounts are subject to change, generally on an annual basis. Figures shown are for 2014. Future year’s Dues amounts will be confirmed prior to the end of the previous year and will be due in January of each year, or in monthly or other installments if offered by the club. Discounts may apply for payments in full versus installments. See Below. 2014 Annual Dues per Membership Type (please check your Membership Category) Check Here Discount for Discount for single payment single payment via check, cash, via or e- pay credit card 2014 Annual Dues (*) Paid as 5 Dues Installments CORPORATE DESIGNEE $6,300 $1,260.00 $5,750 $6,100 INDIVIDUAL $5,300 $1,060.00 $4,750 $5,100 SPOUSE $2,400 $480.00 $2,350 $2,350 YAM (Restricted) $3,300 $660.00 $3,100 $3,100 Membership Category * In consideration of enrollment timing approaching the mid point of New England’s golf season, the above dues rates will be reduced by 50%. Enter Category and Reduced Amounts below: 2014 Preferred Timing & Method of Payment: (please check one and enter amounts) _____ Pay Dues in-full at _______ discount via ___Cash ___Chk ___Txfr, or $________ ___CC, or _____ Divide Dues $_________ in _ 5 _ credit card Installments of $________ , charged at the start of each month, August through December, 2014. Payment of Account. Payment of account is due on receipt of the monthly statement. Club accounts are due and payable in full and must be received by the Club by the last day of each month, and no balance may be carried on the Member's monthly Club account. A one and one-half percent (1½%) late charge will be added to all outstanding balances not paid each month. Applicant further agrees to maintain a current credit card account with Applicant’s name on file with Club at all times. In the event Applicant’s account is more than ten (10) days past due, Club shall have the right to bill such pastdue amounts to Applicant’s credit card. Payments on delinquent accounts apply first to reduce late charges and accrued dues, next to food and beverage charges, then to any other charges. Dues and other Club charges are considered luxuries under all applicable laws. Applicant agrees to pay all reasonable attorneys’ fees, investigator fees, and other costs in the event this account is turned over for collection. If the Club account remains unpaid thirty (30) days after the date of the first billing, the Club may suspend Applicant’s charging privileges until the delinquent amount is paid in full. Continued delinquency for a period of sixty (60) days from the date the Club account is first billed may result in suspension of charging and playing privileges. Any membership account that is frequently delinquent is subject to revocation. Remedies of the Club shall be cumulative. Granite Links Membership Application 4 Acknowledgement of Membership Rights. It is understood and agreed that Applicant is assuming no liabilities whatsoever in connection with this membership other than the payment of the sum set out above, any applicable membership dues, charges or other amounts incurred by Applicant, Applicant’s family, and Applicant’s guests in the use of the Club and that such membership does not confer upon Applicant any ownership, interest, or rights of any nature in the Club property or assets, as further provided in the Membership Bylaws. Membership is a non-proprietary, non-voting membership and permits the Member to use the Club Facilities in accordance with this Agreement, the Membership Bylaws and any Rules and Regulations of the Club (the “Rules and Regulations”) as the same are amended from time to time. Membership does not confer upon the Member a vested or prescriptive right or easement to use the Club Facilities. The Club reserves the right, in its sole and absolute discretion, to restrict or to otherwise reserve the Club Facilities for maintenance, tournament play and other special events from time to time. Membership is a license to use the Club Facilities and is subject to revocation with or without cause. Applicant understands that any use of the Club Facilities by Applicant, Applicant’s family or Applicant’s guests is done at their own risk, and the Owner, the Operator and the Club are not liable for personal injury, theft, or loss of personal property, as further provided in the Membership Bylaws. Membership Bylaws/Rules and Regulations. Applicant hereby acknowledge that Applicant has received, has read, and understands the Membership Bylaws and any Rules and Regulations applicable to this membership, which are incorporated herein by reference. If elected to membership, Applicant hereby agrees that Applicant’s use of the Club and rights and privileges under the membership are subject to the terms, conditions and restrictions as set forth therein, as may be amended from time to time by the Owner and/or Operator. Applicant agrees to conform to and abide by said Membership Bylaws and Rules and Regulations as each may be amended from time to time. The Owner and the Operator reserve the right, in their sole and absolute discretion, to terminate memberships in the Club; to discontinue or modify operation of any or all of the Club facilities, when necessary, in the Owner’s and Operator’s sole discretion to protect the viability and economic performance of the Club; to sell or otherwise dispose of the Club facilities in any manner; and to make any other changes to the terms and conditions of membership or use of the Club facilities. Verification of Application. By signing this Application, Applicant authorizes the disclosure and release of information to the Club for investigating Applicant’s qualifications for membership and credit history, and authorizes those persons or entities listed herein to furnish information to the Club. Please sign and submit to Membership Director at the club by fax to 781-740-4519 or via scanned email to [email protected]. This Membership Agreement and Application (this “Agreement”) will not be considered complete without an acceptable Membership Deposit payment. Membership is contingent upon approval by the Club, which approval shall be at its sole discretion. It is agreed that if this Agreement is not accepted, the amount paid herewith shall be promptly refunded without interest, whereupon this Agreement shall be void. The Club is owned by Quarry Hills Associates Limited Partnership (the “Owner”). The Membership Deposit is refundable only as provided for in the Membership Bylaws for the Club (the “Membership Bylaws”) which includes a stipulation that resigning members be relieved in list order as replaced by newly enrolling members of the same category of membership, currently on a three-to-one basis (formerly four-to-one), or on a oneto-one basis if a membership category has been closed. Members remain responsible for Dues obligations while the resignation is pending until fully resigned. Resignation requests may only be submitted following an initial tenure of having been a member in good standing for three years, such years not counting until the Membership Deposit has been paid in full. Applicant: Date:_____________________ APPROVED AND ACCEPTED BY: Granite Links Golf Club Membership / Marketing Director On behalf of Quarry Hills Associates Limited Partnership Date:_____________________ Internal Processing: Department/Name Notes Date Membership / Marketing Accounting: Member Services / Events: Golf Professional: Members Grille Room: General Manager: Granite Links Membership Application 5
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