Memberships. at Nicklaus North 2018

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Caroline Weaver
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1 Memberships at Nicklaus North 2018

Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ 604.938.9898 Toll-free 1.800.386.9898 www.nicklausnorth.

2 Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 2 Welcome Thank you for your interest in Nicklaus North Golf Course! We invite you to review all of the documents enclosed and contact us should you have any questions. We encourage all parties interested in membership to visit our facility and experience it for themselves, which can be done by contacting Andrew Smart directly. More information can also be found on our website at The Membership program for Nicklaus North Golf Course has been designed to provide Members and their Guests with the use of the Jack Nicklaus signature designed championship 18 hole golf course and clubhouse facilities. Membership may be purchased through a License Agreement and is subject to the Club s Rules and Regulations. The property and improvements are owned by Green Lakes Projects Inc., which has established the Club s Rules and Regulations in concert with the Nicklaus North Advisory Board. The Owner retains the responsibility to manage and operate the Golf Course, to administer the rules and regulations and retains the right to amend them from time to time. Green Lake Projects Inc., as the property owner, is obligated through the License Agreements it has entered into with each Member to operate the golf course in a manner designed to enable Members to enjoy their rights and privileges in a positive and pleasant environment, provided they comply with the aforementioned guidelines. The following have been prepared for your convenience and provide a general explanation of Member rights, privileges and responsibilities and of Owner responsibilities. For a complete description of the rights, terms and privileges of Membership please see the actual License Agreement, and the Rules and Regulations. I look forward to discussing any questions you may have, and the opportunities we have here at Nicklaus North. Please feel free to contact me should you have any questions. Andrew Smart Director of Golf asmart@golfbc.com

This par 71, 18-hole course winds along a gentle valley floor offering you a spectacular setting as your golfing skills are tested to the fullest.

welcoming some of golf's biggest names such as Jack Nicklaus, Nick Faldo, Ernie Els, Greg Norman, Fred Couples, John Daly, Vijay Singh and Stephen Ames to name a

3 Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 3 The Golf Course This is the setting that inspired the great Jack Nicklaus to create a golf course as unique as himself. This par 71, 18-hole course winds along a gentle valley floor offering you a spectacular setting as your golfing skills are tested to the fullest. Winner of numerous awards since its opening in 1996, Nicklaus North has played host to events such as the Skins Game and the Shell's Wonderful World of Golf, welcoming some of golf's biggest names such as Jack Nicklaus, Nick Faldo, Ernie Els, Greg Norman, Fred Couples, John Daly, Vijay Singh and Stephen Ames to name a few. Just minutes from the resort village of Whistler, British Columbia, Nicklaus North stands out as one of the great courses in North America. It's no wonder this is only one of a few rare golf courses in the world bearing Jack Nicklaus' name.

The Restaurant and Lounge At Table Nineteen Lakeside Eatery, we offer outstanding food, unparalleled views, great value and exceptional service.

Located alongside glacier fed Green Lake and set against the Coast Mountain range, our location showcases Whistler s spectacular natural environment. It is the Whistler we all love.

During the golf season, May through early October, Table Nineteen provides one of the most idyllic spots in all of Whistler to grab a bite and enjoy a beverage. Our 4000 sq. ft.

4 The Restaurant and Lounge At Table Nineteen Lakeside Eatery, we offer outstanding food, unparalleled views, great value and exceptional service. Table Nineteen is authentically Whistler open, fun, creative casually elegant and welcoming to everyone. Located alongside glacier fed Green Lake and set against the Coast Mountain range, our location showcases Whistler s spectacular natural environment. It is the Whistler we all love. Members and Guests can trust that a meal at Table Nineteen will be prepared using the freshest locally sourced ingredients through innovative recipes created by Executive Chef Eric Gilchrist. During the golf season, May through early October, Table Nineteen provides one of the most idyllic spots in all of Whistler to grab a bite and enjoy a beverage. Our 4000 sq. ft. patio is one of the most stunning in all of Whistler. Relax and enjoy the lakeside views, aquatic life, the odd roaming bear, golfers teeing off on the 16th hole and the Harbour Air seaplanes taking off and landing from Whistler's only "airport". Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 4

5 Membership Benefits Pursue your love for the great game of golf! Nicklaus North is that incomparable place: an outstanding course, an unrivalled setting and environment, with all the services and amenities you would expect from a first-rate facility. We are one of only three Jack Nicklaus Signature courses in Canada and the only true Membership in Whistler. With our varied Membership options, you are sure to find the perfect plan to fit your Whistler lifestyle. OUR MEMBERS ENJOY... Unlimited Golf Privileges* with: Unlimited power cart and practice facility use day advance booking Member only weekend and holiday mornings Guest privileges Optional club & pull-cart storage Member specific instruction packages and programs Club Events Member only Golf and Social events throughout season Special invite to other Nicklaus North sanctioned events Clubhouse and Table Nineteen Lakeside Eatery benefits 15% off regular priced food menu items in Table Nineteen Lakeside Eatery 10% off regular priced golf shop apparel and select items Member exclusive sales events and golf shop promotions Club charging account Locker room with personal locker Member only designated parking Personal club wine locker program (based on availability) Ancillary Benefits GolfBC Rewards Program you acquire points which may be redeemed for play at partner courses Member specific pricing on winter indoor simulator practice and instruction GolfBC Home Away From Home benefits - special rates at the GolfBC courses in BC and Hawaii Pacific Links International reciprocals across the world Jack Nicklaus International Benefits across the world *Individual and Spousal, not Corporate Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 5

6 Membership Options INDIVIDUAL MEMBERSHIP You have your work. You have your play. But above all, you have your golf. For those with a love of the game, our Individual Membership gives you the full compliment of club privileges. Most importantly, with your priority access, you can enjoy your golf experience as often as your heart desires. For the true golf purist, it s the perfect match. Unlimited personal play Transferable** Membership license Priority tee times and exclusive Member blocked tee times Full use of club facilities SPOUSAL MEMBERSHIP For couples who share an enthusiasm for golfing as well as the perks of club Membership, the Spousal Membership is the perfect ticket to happiness. Together or individually, you will both be free to golf to your content. For two people who are legally married or have cohabitated for a period of not less than two years. The married couple designates one of them to be a full play Member and one to be a spousal Member. Unlimited personal play Transferable** Membership license Priority tee times and exclusive Member blocked tee times Full use of club facilities CORPORATE MEMBERSHIP Created for the executive. The perfect blend of business and pleasure, our Corporate Membership makes Nicklaus North a very attractive club option. Uniquely, Nicklaus North s Corporate program allows three individuals from your company or organization to enjoy the privileges of Membership. Your clients will agree; this is the best executive decision you will make this year! Up to three designates 60 rounds of golf to be used at discretion of designated Members Transferable to Guests Transferable** Membership license Priority tee times and exclusive Member blocked tee times Full use of club facilities INTERMEDIATE MEMBERSHIPS Individuals under the age of 40 may qualify for discounted dues and payment terms on a unique license agreement. **Subject to the terms and conditions of the License Agreement & Nicklaus North Golf Course Rules & Regulations. License holders can sell and assign all, but not less than all, of its rights and obligations. Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 6

Membership Fees 2018 MEMBERSHIP LICENSE FEES Individual Membership $9,995 Spousal Membership $13,995 Corporate Membership $18,995 2018 ANNUAL DUES (ONE ANNUAL INSTALLMENT) Individual Membership $3000

7 Membership Fees 2018 MEMBERSHIP LICENSE FEES Individual Membership $9,995 Spousal Membership $13,995 Corporate Membership $18, ANNUAL DUES (ONE ANNUAL INSTALLMENT) Individual Membership $3000 Spousal Membership $4,680 Corporate Membership $5,695 ANNUAL FEES Golf Canada Handicap System (optional) $50 LOCKER AND CLUB STORAGE (ANNUAL INSTALLMENTS) Club Storage Pull Cart Storage Locker in Locker Room $205 $95 Complimentary ADDITIONAL DUES/FEES Intermediate Membership (dues only, annually)* Junior Membership (dues only, annually)* $1595 $549 Prices do not include taxes. No minimum food and beverage dues at this time. All dues and fee subject to yearly changes. *Some booking and play restrictions. Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 7

8 Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 8 Questions and Answers Here are some commons questions and answers: CAN MEMBERS BRING GUESTS TO PLAY GOLF? Yes; any Member will be able to bring Guests to play where there is availability. Guest rates are established seasonally by the General Manager. The booking Member must play in the group unless they are Corporate Member Guests. WILL THE COURSE BE OPEN TO PUBLIC PLAY? Yes; subject to and in accordance with the registered covenant in favour of the Resort Municipality of Whistler. WILL THE CLUB ACCEPT OUTSIDE TOURNAMENTS AND SPECIAL EVENTS? Yes; Members are entitled to use the Golf Course and Clubhouse facilities, however in order to maintain a high level of quality at a reasonable cost to Members, public use, including tournaments and other special functions, will be encouraged for full utilization of Golf Course, clubhouse facilities and staff. HOW LONG IS THE GOLF SEASON? The golf course will open as early as possible, usually early to mid May and will close early to mid October. WHAT ARE THE SUMMARY OF MEMBER DISCOUNTS? As a Licensed Member at Nicklaus North Golf Course, you are entitled to: A savings of 15% on regular priced food purchases at Table Nineteen A savings of 10% on regular priced merchandise in the Golf Shop. Power carts are complimentary with your round Special Member Guest rates WHAT TYPES OF MEMBER EVENTS DOES THE CLUB HOLD? Several Member Events are held during the season and you are encouraged to attend and bring Guests. Some events are as follows and may change seasonally: Masters Party Member Opening Reception (May) 3-4 Food/Beverage Socials Prime Minster s Cup Tombstone Showdown Wine Shootout Night Golf Golden Bear Classic (Signature Event) Club Championship (August) Couple s Cup Member Closing Golf Event (September) Member Year End/Holiday Party (November) Interclubs with Big Sky and Squamish

9 Questions and Answers (cont) WHO IS THE OWNER? GolfBC Holdings Inc. and Green Lake Projects Inc., both subsidiaries of Burrard International, own and operate the property, including the Golf Course, clubhouse and other improvements. WHEN I PURCHASE A LICENSE, WHAT DO I OWN? You will own the License, which entitles you to the use of 18 hole golf course and clubhouse facilities until the license expires, subject to the Classification of Memberships you elect in the License Agreement and subject to the Club s Rules and Regulations. WHEN DOES THE LICENSE EXPIRE? All Licenses expire December 31, CAN I SELL MY LICENSE? Yes. The sale of a License is subject to the terms and conditions of the License Agreement between the Licensee and the Owner. You may sell and assign all, but not less than all, of your rights and obligations under the License Agreement. The assignment must be in accordance with the procedure set out in the Rules and Regulations. The Owner will maintain a list of the Licensees who have given notice in writing that they wish to sell and a Waiting List of those who have given notice of their wish to purchase a license. HOW MUCH DO I PAY FOR MY LICENSE/MEMBERSHIP? To acquire your license, you pay an initial fee and agree to pay annual dues. Currently there are no minimum food charges, or administration fees applicable upon the purchase of a license. Fees and charges will be establish or adjusted from time to time by the Owner and a current listing is available from the Club. WHAT ARE THE CLUBS RULES AND REGULATIONS ALL ABOUT? The Rules and Regulations of the Nicklaus North Golf Course have been established with the goal of creating the most positive and pleasant environment possible for Members enjoyment of the Golf Course and the Clubhouse. In signing the License Agreement, each Member commits to observe and comply with these Rules and Regulations and with any amendments made from time to time. The owner commits to managing, operating and maintaining the Club and its facilities to the highest standard. Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 9

Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ 604.938.9898 Toll-free 1.800.386.9898 www.nicklausnorth.com Pg 10 Booking Policy 1.

10 Nicklaus North Golf Course 8080 Nicklaus North Blvd, Whistler, BC, Canada T/ Toll-free Pg 10 Booking Policy 1. Members can make bookings (including for accompanying Guests) for Weekends and Holidays a maximum of 30 days in advance. Bookings for Monday through Thursday can be made a maximum of 90 days in advance. 2. Saturday, Sunday and Holiday tee times are blocked for Member use until 11:00am. 3. All tee times that go unused by Members on Weekends and Holidays will be released to the general public 72 hours in advance. 4. When booking a Member time, all players in the group (including guests) must be identified. 5. Bookings are to be made using the Member s Only section on the website. Please ask the Director of Golf for all online information and instructions. 6. Cancellations or reductions of players within a booking must be made no less than 48 hours in advance. Members will be charged a penalty of $75 for each player who no shows or if a booking is cancelled within 48 hours. 7. Intermediate and Junior Members will be limited to play on certain times/days. This will be established by the Director of Golf from time to time. 8. Guest rates will be determined seasonally. 9. Please see Nicklaus North Rules and Regulations for more details on bookings and conduct of play.

Take Advantage of the following package features:

Take Advantage of the following package features: Preferred Rates for Golf Your pre-paid commitment to the 2015 golf season entitles you to savings of up to 33 % on our standard prime time golf rates.