TAGAYTAY HIGHLANDS INTERNATIONAL GOLF CLUB Bo. Calabuso, Tagaytay City

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1 TAGAYTAY HIGHLANDS INTERNATIONAL GOLF CLUB Bo. Calabuso, Tagaytay City Land Area: 120 HECTARES No. of Holes: 18 HOLES Category: PROPRIETARY Year Established: 1995 Developer: BELLE CORPORATION Designer: RICHARD BIGLER Total Authorized Share: 3,000 SHARES (Issued: 2,957) AMENITIES: RECREATIONAL FACILITIES FOOD AND BEVERAGE OUTLETS The Spa The Golfer s Lounge at Highlands and Midlands Locker Rooms with Spa and Massage The Midlands Veranda Room The Library The Country Club Veranda Swimming Pool The Sports Center Veranda Children s Swimming Pool Highlander Steakhouse Children s Wading Pool Marbella-Spanish Restaurant Fishing Pier Salzburg-Swiss-Austrian Children s Playground Bali-Indonesian Restaurant Mini Golf Course Ginza-Japanese Noodle house Skating Rink Chosun-Korean Restaurant Highlands Hiking Trail La Belle Brasserie- French Fine dining Video Arcade & Internet Café Toscana-Italian pizza and pasta place Billiard Hall Willie O s-authentic Irish Pub Kid sports Play Center Chiang Mai-Thai Restaurant Children s Recreation and Learning Center Akasaka-Sushi, sashimi or tempura lover Horseback Riding & Pony Trail Café de Paris-French Café Kids Biking Course Genghis Khan-Mongolian Barbecue Go-cart Racing Track Trellis Grill-Poolside cookout with grilled specialties Camp Highlands The Highlands China Palace-Two level Chinese Restaurant Highlands Cinema

2 CONFERENCE FACILITIES OTHERS The Business Center The Gardens All-Suite Accommodation Highlands Chapel The Boardroom The Animal Farm The Library The Pet Shop Highlands Cinema/Auditorium Highlands Amphitheater Winter Garden-Cantonese specialties Helipads Summer Garden- Cantonese buffet, Cable Cars dimsum & hotpot The Peak Bar- videoke bar Funicular Tabacalera Cigar Divan- for cigar Pro Shop / Souvenir Shop aficionados Xanadu- Ballroom Dancing& Disco Beauty Salon The Wine Cellar-gourmet dining 24 hours Medical Clinic Zsa Zsa s-family karaoke Bar Vegetable Store Nick s Safari Disco & Pizza General Store Geraldine s Soda Fountain SPORTS AND RECREATION 18-hole golf course Tagaytay Table Tennis Highlands and Tagaytay Midlands Golf Driving Range Basketball Courts Swimming Pool Volleyball Courts Indoor Lap Pool Squash Courts Tennis Courts Badminton Courts Aerobics and Fitness Center Bowling Center

3 CLUB FEES: MONTHLY DUES Proprietary Member 5,000 Playing Rights Member 5,500 Consumable 500 TRANSFER FEE Transfer Fee 150,000 Advance monthly dues (depends on payment option) FOR OVERAGE DEPENDENT: (21 To 35 Years Old) Junior Membership Fee 150,000 Advance monthly dues (depends on payment option) PLAYING RIGHTS: (ASSIGNMENT OF RIGHTS) Assignment Fee 75,000 Refundable Deposit 50,000 Advance monthly dues (depends on payment option) RENEWAL FEE 10,000 CHANGE OF CORP. DESIGNEE Assignee Fee 30,000 Advance monthly dues (depends on payment option

4 CLUB INFORMATION: Membership Card: 1 day after approval or during orientation temporary card 6 to 9 months permanent card Stock Certificate: 6 to 9 months Earliest Time to Play: After the issuance of temporary card Dependent s age limit: 29 years old unmarried Junior Membership: 30 to 35 years old married or unmarried (subject to approval) Transfer from Member to Children: P20,000 Transfer Fee Reciprocity arrangement with Tagaytay Midlands Golf Club SPECIAL CLUB RULES: Metal/ Soft Spikes Allowed Guests to play golf on Weekdays (4 guests + 1 member/flight) Allowed Guests to play golf on Weekends (3 guests + 1 member/flight) Days for Tournament (Tuesday-Friday)

5 REQUIREMENTS: BUYER 1. Transfer Fee 2. Advance Monthly Due 3. Stock Certificate (Original) 4. Membership Application Form 5. Birth Certificate of Applicant - NSO certified 6. Information Card of Principal Member - Duplicate 7. Specimen Signature Card of Principal Member - Duplicate 8. Specimen Signature Card of Dependent/s - Duplicate 9. Proposer - w/ standard form for the Endorser 10. Seconder - w/ standard form for the Endorser 11. 1x1 Pictures of Principal Member - 4 pcs.; white background 12. 1x1 Pictures of Dependent/s - 4 pcs.; white background 13. Marriage Contract - Original NSO certified 14. Birth Certificate of Dependents - and spouse (Original NSO certified) 15. Alien Certificate of Registration-ACR (Photocopy) - for Foreigner applicant 16. Passport or Driver's License (Photocopy) - or any gov't.-issued ID 17. Any Gov't-issued ID of Dependents 18. Photocopy of TIN card - I-Member / C-Company 19. Recent General Information Sheet filed w/ SEC 20. SEC Registration, Articles of Incorporation, and 21. Secretary Certificate or Board Resolution - To purchase (specify name of signatory & nominee) 22. Tax Identification Number (T.I.N.) - Shareholder (buyer) FOR FILING OF TAXES 23. Latest Community Tax Certificate 24. Auto debit Form

6 SELLER 1. BIR Certification 2. Clearance of Account 3. Deed of Sale - Marital Consent is strictly required for Individual 4. Resignation Letter and Letter to Accounting 5. Membership Cards 6. Membership Cards of Dependents 7. Secretary Certificate or Board Resolution - To sell (specify name of signatory) 8. Tax Identification Number (T.I.N.) - Shareholder (seller) FOR FILING OF TAXES 9. Proof of Acquisition Cost - FOR FILING OF TAXES 10. Passport (Photocopy) 11. Latest Community Tax Certificate CLUB PROCESSING: 1. Screening of the Application - weekly, every Tuesday 2. Interview 3. Issuance of Temporary Card - 1 day after approval 4. Issuance of Permanent Card - 3 to 6 months 5. Issuance of Stock Certificate - 3 to 6 months