Capital Assessment: Waived for the 2012 Season, new members only Food Minimum: Monthly 10 months (March through December) $50.00

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Toms River Country Club 2012 Membership Opportunities at 2010 Rates! Toms River Country Club has been called the hidden gem on the Toms River. The Jersey Shore s best kept secret is conveniently located in the heart of downtown Toms River. By combining excellent golf, tennis, swimming and dining, the Toms River Country Club provides a unique opportunity for individuals, families and corporations interested in experienced a private club whose centerpiece is one of the State s beautiful waterfront courses. The mature nine hole golf course, which dates back to the early 1930 s provides a unique challenge to golfers of all abilities. The Tennis Center offers six Har-Tru clay courts and two hard surface courts. There is an Olympic size swimming pool which is open from Memorial Day to Labor Day. Fully equipped golf and tennis pro shops are available for lessons and all your equipment needs. Swimming lessons are available and the swim team competes in the Shore Summer Swim League. The most congenial Duplicate Bridge group in Ocean County meets and competes each week, year round. As a member operated club, not open to the public, your accessibility to the course and facilities is assured. Toms River Country Club provides golf and social activities in a family friendly environment. Members utilize the clubhouse for business luncheons, special occasions and casual dining with a spectacular view of the golf course.

Full Family Membership $5,900.00* Per Year Unlimited Golf, Pool and Tennis Privileges for Primary Member, Spouse & All Children up to age 18 Full Golf Privileges, No Greens Fees & 14 Day Advance Tee Time Guest golf privileges available upon payment of greens fee. Member Tournament privileges Food Minimum: Monthly 10 months (March through December $100.00 Prepaid 10 months (food only) $1000.00 Prepaid 10 months (food and beverage) $1200.00 Unlimited Individual Membership $4,000.00* Per Year / Spouse $1,100.00* Per Year Unlimited Golf, Pool & Tennis privileges for Individual Member Unlimited Pool & Tennis for spouse and children up to age 18 Full Golf Privileges, No Greens Fees & 14 Day Advance Tee Time Full use of golf practice facilities Guest golf privileges available upon payment of greens fee. Member Tournament privileges Full charging privileges throughout club. Add a Spouse $1,100.00 Add Children under 18 or Full-time Students 18-22 $600.00 Add Adult Child up to age 34 living at home $2,000.00 Food Minimum: Monthly 10 months (March through December $100.00 Prepaid 10 months (food only) $1000.00 Prepaid 10 months (food and beverage) $1200.00 *Subject to NJ Sales Tax Week Day Individual Membership $2,600.00* Per Year /Spouse $1,100.00* Per Year Unlimited week day golf playing privileges Monday through Thursday; until 12:00 noon on Friday. Saturday & Sunday after 2:00 PM upon payment of Guest Greens Fee. Guest privileges available Monday through Thursday; until 12:00 noon or Friday; Saturday & Sunday after 2:00 PM upon payment of guest fees. No Greens Fees on weekday play & 7 Day Advance Tee Time Full use of golf practice facilities Member Tournament privileges Add spouse $1000.00* Food Minimum: Monthly 10 months (March through December $100.00 Prepaid 10 months (food only) $1000.00 Prepaid 10 months (food and beverage) $1200.00

One Day A Week Golfer $800.00* (Must be a new member that has not been affiliated with TRCC within the last three years) Member may play a round or rounds of golf on one day of his/her choice each week of the 2012 season on Monday through Friday. Play is limited to only one day per week and there is no carryover for missed or unused days of golf. Member may bring guests three (3) times during the season with a Maximum of three (3) guests per day. Appropriate guest fees and conditions apply for each round played. Play dates may be restricted due to weather, course maintenance or scheduled events. It is the golfers responsible to confirm course availability and tee time. Capital Assessment: Waived for the 2012 Season, new members only Food Minimum: Monthly 10 months (March through December) $50.00 Ladies Only Weekday Golf $1300.00* Unlimited week day golf playing privileges Monday through Thursday; until 12:00 noon on Friday. Saturday & Sunday after 2:00 PM upon payment of Guest Greens Fee. Guest privileges available Monday through Thursday; until 12:00 noon or Friday; Saturday & Sunday after 2:00 PM upon payment of guest fees. No Greens Fees on weekday play & 7 Day Advance Tee Time Full use of golf practice facilities Member Tournament privileges Food Minimum: Monthly 10 months (March through December $50.00 Prepaid 10 months (food only) $500.00 Prepaid 10 months (food and beverage) $600.00 *Subject to NJ Sales Tax Introductory Family Pool Introductory Rate $700.00* (Must be a new member or absent from the club for a minimum of one year) Unlimited use of the pool facilities for all family members up to the age of 18. Member may have golf playing privileges (up to 10 times per season) upon payment of greens fees; Monday through Thursday; until 12:00 noon on Friday or after 2:00 PM on Saturday and Sunday. First 5 rounds are priced at weekday rate, 2nd five rounds priced at weekend rate. Guest golf privileges available Monday through Thursday; until 12:00 noon on Friday or after 2:00 PM on Saturday and Sunday; upon payment of guest fees Full charging privileges throughout club. Food Minimum: Monthly 10 months (March through December $50.00 Prepaid 10 months (food only) $500.00 Prepaid 10 months (food and beverage) $600.00 *Subject to NJ Sales Tax

Introductory Single Tennis Introductory Rate: $900.00* (Must be a new member or absent from the club for a minimum of one year) Unlimited use of tennis facilities and restaurant. Food Minimum: Monthly 10 months (March through December $50.00 Prepaid 10 months (food only) $500.00 Prepaid 10 months (food and beverage) $600.00 *Subject to NJ Sales Tax Pool & Tennis Membership $1,525.00* Family ~ $1,325.00* Individual Unlimited Pool & Tennis privileges Member Tennis Tournament privileges Family includes full-time students to age 24. Member may play golf up to 10 rounds per season. (First 5 rounds are priced at weekday rate, 2nd 5 rounds priced at weekend rate.) Golf playing privileges are limited to Monday through Thursday; until 12:00 noon on Friday and after 2:00 PM on Saturday and Sunday; upon payment of greens fee. 7 Day Advance Tee Time and full use of golf practice facilities. Food Minimum: Monthly 10 months (March through December $100.00 Prepaid 10 months (food only) $1000.00 Prepaid 10 months (food and beverage) $1200.00 Junior Tennis Memberships $200.00* For children 7th through 12th Grade Junior Tennis members to use hard surfaced courts but may use clay at the discretion of the Tennis Professional. Parents must agree to be responsible for their child s charges at the club. * Subject NJ Sales Tax

Social Membership $600.00* All social and dining privileges Members may utilize Golf, Pool and Tennis facilities up to a combined total of 10 times per season First 5 golf rounds are price at weekday rate, 2nd 5 golf rounds priced at weekend rate. Golf playing privileges are limited to Monday through Thursday, until 12:00 noon on Friday and after 2:00 PM on Saturday and Sunday. Guest golf privileges are available Monday through Thursday; until 12:00 noon On Friday and after 2:00 PM on Saturday and Sunday (upon payment of guest fees). 7 Day Advance Tee Time. Full use of all golf practice facilities Food Minimum: Monthly 10 months (March through December $50.00 Prepaid 10 months (food only) $500.00 Prepaid 10 months (food and beverage) $600.00. Bridge Membership $200.00* Must be a participant of the TRCC Contract Bridge League. Social and dining privileges only. Capital Assessment: $35.00 monthly fee WAIVED for 2012 ** Food Minimum: Monthly 10 months (March through December $50.00 Prepaid 10 months (food only) $500.00 Prepaid 10 months (food and beverage) $600.00. Corporate Membership $950.00* May list up to 5 persons under the corporate membership. Members may utilize Golf, Pool and Tennis up to a combined total of 10 times per season. Golf privileges are available upon payment of greens fees. Golf playing and guest privileges are Monday through Thursday, until 12 noon on Friday and after 2 PM on Saturday and Sunday. 7 Day Advance Tee Time. Full use of all golf practice facilities Capital Assessment: Monthly for 12 months (January through December) $35.00 ** Food Minimum: Monthly 10 months (March through December $100.00 Prepaid 10 months (food only) $1000.00 Prepaid 10 months (food and beverage) $1200.00 ** 10% Discount if prepaid for year

2012 Schedule of Fees Golf Fees Member Cart Fees 9 Holes (per person, tax included) $13.00 18 Holes (per person, tax included) $22.00 Guest Golf Green Fees (In Season, Cart Included) Monday through Thursday $65.00 Per Guest Friday, Saturday and Sunday $80.00 Per Guest (Off Season, Cart Included) Monday through Thursday $45.00 Per Guest Friday, Saturday and Sunday $60.00 Per Guest Other Fees Private Locker for Season $75.00 (plus sales tax) Club Storage Indoors for Season $100.00 (plus tax) Club Handling if clubs not stored at TRCC $50.00 per season Pool Guest Fee $5.00 per guest (Age 3 & under N/C) Tennis Guest Fee $20.00 per guest

Toms River Country Club 419 Washington Street Toms River, New Jersey 08753 732-349-8855 www.tomsrivercountryclub.com MEMBERSHIP AGREEMENT 2012 PERSONAL INFORMATION Applicant s Name Applicant s Social Security # Applicant s Birth Date Spouse s Name Spouse s Social Security # Spouse s Birth Date City Address State Zip Code Home Phone Cell Number E Mail Address Very important Children Names (if applicable) Date of Birth Business Applicant s Company Name Title Business Address Business Phone Fax Number CREDIT CARD INFORMATION (REQUIRED) Credit Card Type (circle one) VISA AMEX MC DISCOVER OTHER Account Number Expiration Date MEMBERSHIP IN OTHER CLUBS Name of Club/Organization Year Accepted Do you know any Toms River Country Club Members YES / NO If yes, who

TOMS RIVER COUNTRY CLUB MEMBERSHIP AGREEMENT - 2012 The undersigned hereby applies for the following category of membership in Toms River Country Club (the Club ). MEMBERSHIP CATEGORY All categories are +7% NJ State Sales Tax Membership: $ 5,900 Full Family Membership $4,000 Unlimited Golf $ 1,100 Unlimited Golf Spouse $600 Each Child under 18 & Full Time Student Golf Privileges $2,000 Adult Child or grandchild of active member 24-34 $2,600 Unlimited Weekday Golf $1,100 Unlimited Weekday Spouse $1,525 Pool/Tennis Family $1,325 Pool/Tennis Individual $200 Tennis only 7 th through 12 th grade $950 Corporate Choose a Food Minimums for above memberships: $100 monthly food minimum $1,000 Prepaid food $1,200 Prepaid food/beverage - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - $800 One Day A Week Golfer* $50 monthly food minimum * Must be a new member unaffiliated with TRCC for at least three years. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - $1,300 Ladies (only) Unlimited Weekday Golf $600 Social $200 Bridge $700 Introductory Family Pool* $900 Introductory Single Tennis * * Must be a new member or returning member absent for not less than 1 year. Choose a Food Minimum for above memberships; $50 Monthly food minimum $500 Prepaid food $600 Prepaid food/beverage - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - $75 Locker $100 Club Storage $50 Club Handling Total Amount Due:

TOMS RIVER COUNTRY CLUB MEMBERSHIP AGREEMENT 2012 I, the undersigned Applicant, hereby agree to pay to the Club the Membership Joining Fee (as such term is defined in the Membership Plan), together with any applicable sales tax, or other taxes, and the membership dues for the category of membership selected. The amount of dues for each membership category is described on a separate Schedule of Dues and Charges, and is subject to change from time to time as set forth in the Membership Plan. PAYMENT OF DUES, FEES AND CHARGES I, the undersigned Applicant, understand that I am obligated to keep a valid approved credit card on file with the Club at all times. I hereby acknowledge that all dues, fees and charges for food, beverage, merchandise and services of the Club incurred by me, my family and/or my guests will be charged to my credit card if not paid in cash, and that I am responsible for all amounts that are not paid by the credit card company. I, the undersigned Applicant, authorize any and all charges incurred on my account with the Club to be charged to the credit card listed below. I certify that the below card is issued to me and agree that all disputes on my credit card account relating to The Club will be promptly brought to the Club s attention. Credit Card Type: Visa Master Card American Express Discover Number # Exp. Date: Cardholder Signature:

TOMS RIVER COUNTRY CLUB MEMBERSHIP AGREEMENT 2012 I hereby acknowledge that my account with the club shall be considered delinquent if not paid in full within thirty (30) days after the date of the monthly statement and will be subject to the lesser of (i) a one and one-half percent (1.5%) late charge per month, or (ii) the maximum amount that may be contracted for, taken, reserved, charted or received under law. This late charge shall accrue thirty (30) days from the date of the monthly statement until the account is paid in full. I acknowledge that the Club may take whatever action it deems necessary to effect collection, including, without limitation, suspension or termination of my membership or legal action. I acknowledge that I shall be liable for all costs and for any expenses of such legal action and reasonable attorney s fees, including any fees required in connection with appellate proceedings. I, the undersigned Applicant, further agree that the following provisions will be applicable to my membership in the Club and hereby agree with the Club as follows: Membership Approval. Membership in the club is contingent upon approval by the Club, which approval shall be at the Club s sole and absolute discretion. Membership Privileges. Membership in the Club permits the member to use the Club Facilities in accordance with the Membership Documents. Rights Reserved by the Club. The Club reserves the right, in its sole and absolute discretion, to perform any and/or all of the following actions: Modify the Membership Documents; Reserve memberships; Issue, add or modify any type, category or class of membership; Make any other changes in the terms and conditions of membership or in the Club Facilities available for use by members. Express Authorization. Upon signing this Agreement, the Applicant expressly authorizes the disclosure and release of information requested by the Club for investigating his or her qualifications for membership, including without limitation my credit history. Assumption of Risk. The Applicant hereby acknowledges and agrees that the use of the Club Facilities and any privilege or service incident to membership is undertaken with knowledge of risk of possible injury. Applicant accepts any and all risk of injury, whether the injury is sustained by himself or herself, his or her spouse, his or her family members and/or his or her guests while using the Club Facilities or involved in any event or activity incident to membership in the club. In accepting the risk o injury, the Applicant understands that he or she is expressly relieving Toms River Country Club, and its directors, officers, members and employees from any and all loss, cost, claims, injury, damages or liability sustained or incurred by the Applicant, the Applicant s spouse, family members and/or guests resulting from or arising out of any conduct or event connected with membership in the club and/or use of any of the Club Facilities. Miscellaneous. This Membership Agreement may not be amended or modified, nor shall any waiver of any provision hereof be effective, except by an instrument in writing executed by the undersigned and the Club. This Membership Agreement shall be governed by and construed and enforced in accordance with, the laws of the State of New Jersey. Pursuant to the Club s By-Laws the Board of Directors may declare operational assessments to cover shortfalls in the annual operating budget which assessments are applicable to all members and shall be due and payable as and when billed. I, THE UNDERSIGNED APPLICANT, HEREBY ACKNOWLEDGE RECEIPT OF THE TOMS RIVER COUNTRY CLUB EMBERSHIP DOCUMENTS AND THAT I HAVE READ AND UNDERSTAND THEM, AND AGREE TO BE BOUND BY THE TERMS AND CONDITIONS THEREOF AS THE SAME MAY BE AMENDED FROM TIME TO TIME BY THE CLUB. I FURTHER ACKNOWLEDGE THAT I AM NOT RELYING ON ANY ORAL REPRE- SENTATIONS IN ACQUIRING A MEBERSHIP IN THE CLUB. This Membership Agreement shall not be binding on the Club until the acceptance below is signed. ACCEPTED BY: Applicant Signature Date Applicants Spouse Signature (if applicable) Date TOMS RIVER COUNTRY CLUB (Authorized Representative)