Membership
Each person who becomes a full member and his immediate family (25 years and younger) will be entitled to use of all the golf and social facilities of the club, upon payment of required membership fees and annual dues. Full members will not be required to pay green fees for the use of the golf course, but will be required to pay for golf buggies. The club will offer full memberships for property owners and for owners of residential units sold on a corporate ownership basis to multiple owners. Each such resident unit will count as one full membership, and each owner of an interest (limited to four owners) will have full membership privileges.

Rules and policies
To enhance the recreational and social pleasure of members and their guests, the club reserves the right to establish or modify rules, regulations, policies and guidelines. Members may request a change in the rules and regulations of the club upon a two-thirds vote of the membership. Such request is subject to club approval in its sole discretion. Membership is by invitation only. An applicant who has been invited to apply for membership must be mailed or deliver to the club manager at the club.

Honorary memberships
The developer will issue honorary memberships to distinguished persons. Honorary memberships shall not count against the limit on the number of full memberships and will be non-transferable. Honorary members will have the same privileges to use the club facilities as full members.

Homeowner membership
The homeowner membership is available to property owners on the estate other than where property is held in a legal name by two or more owners. The membership will entitle the homeowner and his or her immediate family (spouse and children under 25 years) full club membership. Each homeowner member may purchase one additional membership (if available) for a friend and family member. Membership fees and annual dues of said membership will be determined by the club.

Corporate members
Corporate memberships will entitle four (4) registered owners or shareholders of a company or members of a close corporation and their immediate family (spouse and children under 25 years) full membership to the club. Multiple corporate memberships, consisting of blocks of four individual or family memberships, may be purchased by a corporation.

Outside members
The demand on limited outside members will be assessed by the developer during the development period and thereafter by the club manager.

Two clubhouses
There will be two clubhouses: a members clubhouse located at the east end of the course and a guest clubhouse located at the Village. The member clubhouse is for members and their accompanied guests only. Exceptions will be made during the first year of operations, while the guest clubhouse is under construction. The guest clubhouse is for unaccompanied guests of members and other guest players.

Membership Rights
Membership in the club permits the member to the use of club facilities in accordance with the membership rules. Membership in the club is not an investment in the club and its facilities, and does not provide the member with an equity or ownership interest in the club or its facilities. Membership will not be entitled to vote or participate in the management of the club. If approved for membership of the club, the member agrees to be bound by the terms and conditions of the membership rules. The club reserves the right, in its sole discretion, to reserve memberships, to terminate or modify its membership plan, to discontinue operation of any or all the club facilities available for use of members.

Transfer of Family Membership
A member may directly sell or transfer their membership to any party. Membership is attached to the member and not the property. A person purchasing a membership must submit an application to apply for membership at the club, along with two references. All applicants are subject to approval by the club. If the purchaser of a home or residence does not apply for membership within 30 days of the closing of their property or is not approved for membership, the membership will be reissued by the club.

Members who sell their property at Oubaai
A member who sells his or her property at Oubaai may retain the membership, if the member desires to do so.

Two waiting lists for membership
The club will maintain two waiting lists for memberships:
1) A waiting list for all property owners within the Oubaai Golf Estate who do not have a membership - Oubaai waiting list.
2) A waiting list for all other prospective members. Individuals on the Oubaai waiting list will have priority, subject to availability of memberships as determined by the club from time to time.

Invitation for Membership
Initial memberships will be extended to property owners at Oubaai Golf Estate. Invitation to apply for memberships is extended to persons selected by the club. The clubs goal is to create and maintain a premier members club, which offers world class golf and social facilities for members and their accompanied guests.

Application for membership
A person who has an invitation to apply for membership must submit an application for membership to the club, along with two references and the required membership deposit. All applicants are subject to approval by the club.

Membership privileges prior to closing
The club may allow the initial purchaser of a residency or developments as determined by the club from time to time, to use the club facilities as a member prior to the closing of his or her residence. The person will be required to pay the applicable membership deposit, dues, fees or other charges established by the club from time to time. In the event that a purchaser does not close on the residence, the club may terminate the membership privileges by returning the membership deposit and any unused portion of any dues, fees and charges paid by the person in advance for the remainder of the membership year. In this event the membership will thereafter be made available to the person only in the discretion of the club.

Membership held in the name of legal entity
For the convenience of members, a membership may be held in the name of a corporation, partnership, trust or other form of multiple ownership. Each entity might purchase blocks of four family memberships per initiation fee. The entity must designate the individuals or families who will have the right to the membership. The designated users must submit an application for membership. The designated user must be a bona fide director, officer, partner or shareholder of the entity, or a beneficiary or settler if the membership is held in a trust, and must pay the required dues and charges. No person after the designated user and his or her immediate family will be entitled to use the membership. If the entity acquires a transferability privilege, only the entity acquiring the property will have the designated right to membership privileges. The club may establish from time to time the rules governing the designated user of a membership, including the limit on the number of times and frequency the designated user may be changed.


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