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Timeshare Contract Releases

Settlement and Release (Cancellation with refund)

Member: (jointly and individually, “Member”) Contract for Lodging Rights and Services No. Contract Date: Deposit: $Person offering Settlement: Office: Member Services Management

Dear Member:

This letter will confirm our agreement regarding the cancellation of the referenced contract (the “Contract”) and upon our receipt of a copy of this letter signed by you will constitute a binding settlement and release of all matters related to the Contract

The parties agree that effective immediately upon execution of this Settlement and Release the Contract shall be terminated, including all rights and obligations of the parties thereunder. As complete, final and total compensation to Member, Company agrees to refund to Member the above Deposit after receipt of this Settlement and Release. The refund shall be made by wire transfer to the following account:

Name of Bank ___________________________ Bank Address ___________________________ Account # ___________________________ Name (members) ___________________________ ABA Routing # ___________________________

All amounts referred to in the Contract, as well as the refund provided for in this Settlement and Release, are stated in, and transacted in, U.S. Dollars regardless of the rates of exchange, or changes in the rates of exchange, with other currencies.

This Settlement and Release is a full and final settlement of all past, present and future claims that any party may have against any other party, of any nature whatsoever, whether liquidated or unliquidated, and whether known or unknown, in any way relating to or arising out of the Contract. This settlement and release shall include all such claims of Member against Company, Grupo Mayan, Grupo Vidanta, Vida Vacation Club and their affiliated resorts, and as to all and any of them their agents, employees, officers, owners, contractors and affiliates (the “Company Affiliates”). All parties agree that this Settlement and Release is entered into solely to resolve present and future issues in contention relating to the Contract. No party admits any blame or liability, and all parties agree to keep the terms and the existence of this Settlement and Release strictly confidential.

Member agrees to retract all past negative activity, and not to participate in any future negative activity which is intended to, or which has the effect of, damaging the reputation or business of Company or any of the Company Affiliates, or interfering with their relationships with their customers or potential customers. This includes, without limitation, posting comments or other information on websites and distribution of written materials in any manner. Member agrees to advise all parties to whom Member may have made complaint that the complaint has been “satisfactorily resolved”.

Member agrees to abide strictly by the terms of this Settlement and Release. If Member at any time breaches this Settlement and Release, Member shall repay to Company the amount refunded to

Member hereunder and shall be responsible to Company for all additional damages directly or indirectly caused by such breach.

PLEASE SIGN BELOW TO INDICATE YOUR AGREEMENT WITH THE TERMS OF THIS SETTLEMENT AND RELEASE. AND RETURN THE SIGNED COPY TO THE FOLLOWING ADDRESS (ALL PARTIES IDENTIFIED ABOVE AS COMPRISING THE MEMBER MUST SIGN):

Until fully signed by Member and returned to the address above, this document shall be deemed to be an offer which may be revoked by Company upon notice to Member and which will terminate automatically unless accepted by Member within 30 days after the date signed on behalf of Company. This Settlement and Release shall be governed by the federal laws of Mexico and all disputes arising out of or relating in any way to this Settlement and Release shall be settled exclusively and finally under the Rules of Arbitration of the Arbitration Center of Mexico. The courts of Guadalajara, Jalisco, Mexico shall have exclusive jurisdiction in any action relating to the arbitrator’s decision, and the parties expressly waive any other jurisdiction or venue that might otherwise be claimed by reason of any present or future domicile.

DESARROLLO MARINA VALLARTA S.A DE C.V. (“Company”) By: DATE SIGNED: 1

Member’s acceptance of this Settlement and Release:

____________________________________________ DATE SIGNED: __________________ Privacy Notice: DESARROLLO MARINA VALLARTA S.A DE C.V. (DMV) with address in Av. Paseo de la Marina Sur 220, Marina Vallarta, Puerto Vallarta, Jalisco, México, C.P. 48335; will use your obtained personal data for lodging rights and touristic service rendering, contractual obligations compliance, changes on products and services, identify you in any kind of legal or business relationship with DMV or its affiliates, inform about present or future products and services considered of your interest, as well as, send useful advertisement, promotions and brochures, among others. For more information about terms and conditions over your personal data treatment and the procedure to exercise your ARCO rights, you may review our full Privacy Notice available through www.grupovidanta.com

Settlement and Release

Member: (jointly and individually, “Member”)Contract for Lodging Rights and Services No. Contract Date: Person offering Settlement: Office:

Dear Member:

This letter will confirm our agreement regarding the cancellation of the referenced contract (the “Contract”) and upon our receipt of a copy of this letter signed by you will constitute a binding settlement and release of all matters related to the Contract

The parties agree that effective immediately upon execution of this Settlement and Release the Contract shall be terminated, including all rights and obligations of the parties there under. All amounts paid by Member to Vacation Class S.A. de C.V. (“VC”) pursuant to the Contract as of the date of this Settlement and Release shall be retained by VC; all obligations of Member pursuant to the Contract to pay additional amounts to VC (whether such amounts are due or not yet due) are hereby terminated.

This Settlement and Release is a full and final settlement of all past, present and future claims that any party may have against any other party, of any nature whatsoever, whether liquidated or unliquidated, and whether known or unknown, in any way relating to or arising out of the Contract. This settlement and release shall include all such claims of Member against Company, Grupo Mayan, Grupo Vidanta, Vida Vacation Club and their affiliated resorts, and as to all and any of them their agents, employees, officers, owners, contractors and affiliates (the “Company Affiliates”). All parties agree that this Settlement and Release is entered into solely to resolve present and future issues in contention relating to the Contract. No party admits any blame or liability, and all parties agree to keep the terms and the existence of this Settlement and Release strictly confidential.

Member agrees to retract all past negative activity, and not to participate in any future negative activity which is intended to, or which has the effect of, damaging the reputation or business of Company or any of the Company Affiliates, or interfering with their relationships with their customers or potential customers. This includes, without limitation, posting comments or other information on websites and distribution of written materials in any manner. Member agrees to advise all parties to whom Member may have made complaint that the complaint has been “satisfactorily resolved”

Member agrees to abide strictly by the terms of this Settlement and Release. If Member at any time breaches this Settlement and Release, Member shall be responsible to Company for all additional damages directly or indirectly caused by such breach.

PLEASE SIGN BELOW TO INDICATE YOUR AGREEMENT WITH THE TERMS OF THIS SETTLEMENT AND RELEASE. AND RETURN THE SIGNED COPY TO THE FOLLOWING ADDRESS (ALL PARTIES IDENTIFIED ABOVE AS COMPRISING THE MEMBER MUST SIGN):

Until fully signed by Member and returned to the address above, this document shall be deemed to be an offer which may be revoked by Company upon notice to Member and which will terminate automatically unless accepted by Member within 30 days after the date signed on behalf of Company. This Settlement and Release shall be governed by the federal laws of Mexico and all disputes arising out of or relating in any way to this Settlement and Release shall be settled exclusively and finally under the Rules of Arbitration of the Arbitration Center of Mexico. The courts of Guadalajara, Jalisco, Mexico shall have exclusive jurisdiction in any action relating to the arbitrator’s decision, and the parties expressly waive any other jurisdiction or venue that might otherwise be claimed by reason of any present or future domicile.

Vacation Class S.A. de C.V.(“Company”)

By: DATE SIGNED:

Member’s acceptance of this Settlement and Release:

_______________________________________________ DATE SIGNED: __________________

_______________________________________________ DATE SIGNED: __________________

Settlement and Release

Member: (jointly and individually, “Member”) Contract for Lodging Rights and Services No. Contract Date Deposit: Person offering Settlement:

Dear Member:

This letter will confirm our agreement regarding the cancellation of the referenced contract (the “Contract”) and upon our receipt of a copy of this letter signed by you will constitute a binding settlement and release of all matters related to the Contract.

The parties agree that effective immediately upon execution of this Settlement and Release the Contract shall be terminated, including all rights and obligations of the parties there under. All amounts paid by Member to Vacation Class S.A. de C.V. (“VC”) pursuant to the Contract as of the date of this Settlement and Release shall be retained by VC; all obligations of Member pursuant to the Contract to pay additional amounts to VC (whether such amounts are due or not yet due) are hereby terminated.

This Settlement and Release is a full and final settlement of all past, present and future claims that any party may have against any other party, of any nature whatsoever, whether liquidated or unliquidated, and whether known or unknown, in any way relating to or arising out of the Contract. This settlement and release shall include all such claims of Member against Company, Grupo Mayan, Grupo Vidanta, Vida Vacation Club and their affiliated resorts, and as to all and any of them their agents, employees, officers, owners, contractors and affiliates (the “Company Affiliates”). All parties agree that this Settlement and Release is entered into solely to resolve present and future issues in contention relating to the Contract. No party admits any blame or liability, and all parties agree to keep the terms and the existence of this Settlement and Release strictly confidential.

Member agrees to retract all past negative activity, and not to participate in any future negative activity which is intended to, or which has the effect of, damaging the reputation or business of Company or any of the Company Affiliates, or interfering with their relationships with their customers or potential customers. This includes, without limitation, posting comments or other information on websites and distribution of written materials in any manner. Member agrees to advise all parties to whom Member may have made complaint that the complaint has been “satisfactorily resolved”

Member agrees to abide strictly by the terms of this Settlement and Release. If Member at any time breaches this Settlement and Release, Member shall be responsible to Company for all additional damages directly or indirectly caused by such breach.

All matters related to this Settlement and Release shall be governed by the laws of Jalisco, Mexico, and the courts thereof shall have exclusive jurisdiction over, and be the exclusive venue for, all matters related hereto. By executing this Settlement and Release, the parties specifically consent to such governing law, jurisdiction and venue.

PLEASE SIGN BELOW TO INDICATE YOUR AGREEMENT WITH THE TERMS OF THIS SETTLEMENT AND RELEASE. AND RETURN THE SIGNED COPY VIA EMAIL

TO AND THE ORIGINAL TO THE FOLLOWING ADDRESS (ALL PARTIES IDENTIFIED ABOVE AS COMPRISING THE MEMBER MUST

SIGN):

Until fully signed by Member and returned to the address above, this document shall be deemed to be an offer which may be revoked by Company upon notice to Member and which will terminate automatically unless accepted by Member within 30 days after the date signed on behalf of Company. This Settlement and Release shall be governed by the federal laws of Mexico and all disputes arising out of or relating in any way to this Settlement and Release shall be settled exclusively and finally under the Rules of Arbitration of the Arbitration Center of Mexico. The courts of Guadalajara, Jalisco, Mexico shall have exclusive jurisdiction in any action relating to the arbitrator’s decision, and the parties expressly waive any other jurisdiction or venue that might otherwise be claimed by reason of any present or future domicile.

Vacation Class S.A. de C.V. (“Company”)

By:

Member’s acceptance of this Settlement and Release:

___________________________________ DATE SIGNED: __________________

___________________________________ DATE SIGNED: __________________

1.

Cancellation Request

Member(s): (jointly and individually, “Member”) Contract for Lodging Rights and Services No. Contract Date: Contract Price Company contact person: To:

70

This letter will confirm that the undersigned Member hereby requests cancellation of the above-

referenced Contract for Lodging Rights and Services (the “Contract”). Please indicate your acceptance of this request by signing below and returning a signed copy to the undersigned. Upon acceptance of this request by VACATION CLASS, S.A. DE C.V., this letter will constitute a binding agreement terminating the Contract on the terms set forth herein, effective as of the date signed by VACATION CLASS, S.A. DE C.V. (the “Cancellation Date”). The parties to this letter agreement agree that as of the Cancellation the Contract shall be terminated, including all rights and obligations of the parties thereunder. All amounts paid by Member to VACATION CLASS, S.A. DE C.V. pursuant to the Contract as of the Cancellation Date shall be retained by VACATION CLASS, S.A. DE C.V.; all obligations of Member pursuant to the Contract to pay additional amounts to VACATION CLASS, S.A. DE C.V. (whether such amounts are due or not yet due as of the Cancellation Date) are hereby terminated. This letter agreement shall constitute a full and final resolution of all matters in any way relating to or arising out of the Contract , including without limitation, all past, present and future claims, if any, that either party may have against the other party, of any nature whatsoever, whether liquidated or unliquidated, and whether known or unknown,. Member agrees to retract all past negative activity, and not to participate in any future negative activity which is intended to, or which has the effect of, damaging the reputation or business of VACATION CLASS, S.A. DE C.V. or any affiliate of VACATION CLASS, S.A. DE C.V., or interfering with their relationships with their customers or potential customers. This includes, without limitation, participating in or aiding in any way any lawsuit or other legal action against VACATION CLASS, S.A. DE C.V. or any affiliate of VACATION CLASS, S.A. DE C.V., posting negative comments or other information on websites or by means of any other medium, and distribution of negative written materials in any manner.

2.

Member agrees to abide strictly by the terms of this letter agreement. If Member at any time breaches the terms of this agreement, Member shall be responsible to VACATION CLASS, S.A. DE C.V. for all additional damages directly or indirectly caused by such breach.

This letter agreement is governed by the federal laws of Mexico. All disputes arising out of or relating in any way to the Program or this Certificate shall be settled exclusively and finally under the Rules of Arbitration of the Arbitration Center of Mexico (CAM) by one arbitrator of Mexican Nationality.

Print Member´s name: ____________________________ Date signed: ______________ Signature: ______________________________________

Print Member´s name: ____________________________ Date signed: ______________ Signature: ______________________________________

To be completed by the Company only beyond this point

Accepted and Agreed:

VACATION CLASS, S.A. DE C.V.

By: ______________________________ Date signed: _____________________

1.

Cancellation Request

Member(s): (jointly and individually, “Member”)

Contract for Lodging Rights and Services Number Contract Date: Contract Price Company contact person: To:

This letter will confirm that the undersigned Member hereby requests cancellation of the above-

referenced Contract for Lodging Rights and Services (the “Contract”). Please indicate your acceptance of this request by signing below and returning a signed copy to the undersigned. Upon acceptance of this request by DMV, this letter will constitute a binding agreement terminating the Contract on the terms set forth herein, effective as of the date signed by DMV. (the “Cancellation Date”). The parties to this letter agreement agree that as of the Cancellation the Contract shall be terminated, including all rights and obligations of the parties thereunder. All amounts paid by Member to DMV pursuant to the Contract as of the Cancellation Date shall be retained by DMV; all obligations of Member pursuant to the Contract to pay additional amounts to DMV (whether such amounts are due or not yet due as of the Cancellation Date) are hereby terminated. This letter agreement shall constitute a full and final resolution of all matters in any way relating to or arising out of the Contract , including without limitation, all past, present and future claims, if any, that either party may have against the other party, of any nature whatsoever, whether liquidated or unliquidated, and whether known or unknown,. Member agrees to retract all past negative activity, and not to participate in any future negative activity which is intended to, or which has the effect of, damaging the reputation or business of DMV or any affiliate of DMV, or interfering with their relationships with their customers or potential customers. This includes, without limitation, participating in or aiding in any way any lawsuit or other legal action against DMV or any affiliate of DMV, posting negative comments or other information on websites or by means of any other medium, and distribution of negative written materials in any manner.

2.

Member agrees to abide strictly by the terms of this letter agreement. If Member at any time breaches the terms of this agreement, Member shall be responsible to DMV for all additional damages directly or indirectly caused by such breach.

This letter agreement is governed by the federal laws of Mexico. All disputes arising out of or relating in any way to the Program or this Certificate shall be settled exclusively and finally under the Rules of Arbitration of the Arbitration Center of Mexico (CAM) by one arbitrator of Mexican Nationality.

Print Member´s name: ____________________________ Date signed: ______________ Signature: ______________________________________

Print Member´s name: ____________________________ Date signed: ______________ Signature: ______________________________________

Accepted and Agreed:

Desarrollo Marina Vallarta, S.A de C.V.

By: ______________________________ Date signed: _____________________

Member: Member: . (jointly and individually, “Member”) Contract for Lodging Rights and Services No: Contract Date: Refund: $Person offering Settlement: Office:

Dear Member:

This letter will confirm our agreement regarding the cancellation of the referenced contract (the “Contract”) and upon our receipt of a copy of this letter signed by you as well as the execution of the conditions herein will constitute a binding settlement and release of all matters related to the Contract.

The parties agree that effective immediately upon execution of this Settlement and Release the Contract shall be terminated, including all rights and obligations of the parties hereunder. As complete, final and total compensation to Member, Vacation Class, S.A de C.V. (“VC”) agrees to refund to Members the above Amount within 15 days after receipt of this Settlement and Release. The refund shall be made by a credit back to the credit card(s) originally charged. If the original credit card has been cancelled, or if the original payment

was not by credit card, the refund will be made by wire transfer payable jointly to the parties identified above as the Member. All amounts referred to in the Contract, as well as the refund provided for in this Settlement and Release, are stated in, and transacted in, U.S. Dollars regardless of the rates of exchange, or changes in the rates of exchange, with other currencies.

This Settlement and Release is a full and final settlement of all past, present and future claims that any party may have against any other

party, of any nature whatsoever, whether liquidated or unliquidated, and whether known or unknown, in any way relating to or arising out of the Contract. All parties agree that this Settlement and Release is entered into solely to resolve the issues in contention relating to the Contract. No party admits any blame or liability, and all parties agree to keep the terms and the existence of this Settlement and Release strictly confidential.

Member agrees to retract and remove any and all past negative activity, and not to participate in any future negative activity which

is intended to, or which has the effect of, damaging the reputation or business of VC, any Vida Vacations resorts, or any affiliate of either, or interfering with their relationships with their customers or potential customers. This includes, without limitation, posting comments or other information on websites and distribution of written materials in any manner. Member agrees to advise all parties to whom Member may have made complaint that the complaint has been “satisfactorily resolved”.

Member agrees to abide strictly by the terms of this Settlement and Release. If Member at any time breaches this Settlement and Release, Member shall repay to VC the amount refunded to Member hereunder and shall be responsible to VC for all additional damages directly or indirectly caused by such breach. All matters related to this Settlement and Release shall be governed by the laws of Jalisco, Mexico, and the courts thereof shall have exclusive jurisdiction over, and be the exclusive venue for, all matters related hereto. By executing this Settlement and Release, the parties specifically consent to such governing law, jurisdiction and venue.

PLEASE SIGN BELOW TO INDICATE YOUR AGREEMENT WITH THE TERMS OF THIS SETTLEMENT AND RELEASE. AND RETURN THE SIGNED COPY TO THE FOLLOWING ADDRESS (ALL PARTIES IDENTIFIED ABOVE AS COMPRISING THE MEMBER MUST SIGN):

Email:

Until fully signed by Member and returned to the address above, this document shall be deemed to be an offer which may be revoked by VC upon notice to Member and which will terminate automatically unless accepted by Member within 30 days after the date signed on behalf of VC.

Vacation Class, S.A. de C.V.

By: DATE SIGNED:

Member’s acceptance of this Settlement and Release:

SIGNATURE DATE SIGNATURE DATE

SIGNATURE DATE SIGNATURE DATE