SALES TRAINING COURSE Part II

Membership Agreement

Presented by Rolando Atesiano

Prepared by Marcela Vargas

MEMBERSHIP AGREEMENT

DECLARATIONS

• FIRST: HACIENDA REAL DEL MAR, S.A DE C.V

• SECOND: MEMBERSHIP PROGRAM

• THIRD: GUARANTEE OF THE RIGHTS • THIRD: GUARANTEE OF THE RIGHTS

• FOURTH: RESIDUAL RIGHTS

CLAUSES:

• FIRST: OBJECT OF THE MEMBERSHIP AGREEMENT

• SECOND: MEMBERSHIP PRICE

• THIRD: GUARANTEED VILLA • THIRD: GUARANTEED VILLA

• FOURTH: INTERNATIONAL EXCHANGE FLEXIBILITY

• FIFTH: INTERNAL EXCHANGE FLEXIBILITY

• SIXTH: FLEXIBILITY TO LEND

• SEVENTH: OCCUPANCY POLICY

• EIGHTH: TRANSFERENCE OF THE MEMBERSHIP – GENERAL

• NINTH: TRANSFERENCE BY SALE• NINTH: TRANSFERENCE BY SALE

• TENTH: TRANSFERENCE BY INHERITANCE

• ELEVENTH: ENDING MEMBERSHIP

• TWELFTH: FORCE MAJEURE

• THIRTEENTH: MEMBERSHIP REQUIREMENTS

• FOURTEENTH: RESORT RULES AND REGULATIONS

• FIFTEENTH: MEMBERSHIP ADVISORY COUNCIL

• SIXTEENTH: MEETINGS OF THE CLUB• SIXTEENTH: MEETINGS OF THE CLUB• SEVENTEENTH: ANNUAL CLUB SERVICE

FEES • ELEVENTH: ENDING MEMBERSHIP• EIGHTEENTH:CALCULATION OF ANNUAL

CLUB SERVICE FEE

• NINETEENTH: INSURANCE OF RESORT PROPERTY

• TWENTIETH: MEMBER’S DEFAULT • TWENTY-FIRST: MEMBER’S DEFAULT

PAYMENTS• NINTH: TRANSFERENCE BY SALE• NINTH: TRANSFERENCE BY SALE• TWENTY SECOND AND THIRD:

GOVERNING LAW• TWENTY FOURTH: DOMICILES• TWENTY FIFTH: CAPTION HEADINGS: