HIGHLANDS GOLF CLUB 2016 BOARD OF DIRECTORS

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Welcome to the Highlands Golf, one of Edmonton s most historic and respected golf clubs. Highlands has been known for it s friendly atmosphere and active membership since it was founded in 1929. This tradition of involvement and camaraderie continues today as new members are welcomed into the fold, and encouraged to become part of the fabric that is the Highlands Golf Club. Highlands has set the standard for grooming excellence and has a strong reputation for being one of the best groomed courses in Western Canada. As such, Highlands has hosted, and continues to host, many prestigious tournaments, including national championships. It has also been home to a number of Canada s elite golfing alumni, including Betty Stanhope-Cole, who was ranked as Canada s Top Female Golfer in 1974 and 76, and also to Henry Martell, voted Canada s Golfer of the Year in 1939. The Henry Martell Invitational Pro-Am is one of the most coveted invitational tournaments of the year. While the Club hosts a number of golfing tournaments and related events for its membership, it s not always about golf. Highlands Golf Club has a strong social side as well, with numerous events and special evenings throughout the year. Our comfortable lounge and excellent dining room make for the perfect 19th Hole where members can watch the play from an almost bird s eye view of the greens and the Edmonton River Valley. There has never been a better opportunity to join the Highlands Golf Club. Call us today and become a member of Highlands, its rich heritage and its bright future. Landon Hargreaves General Manager HIGHLANDS GOLF CLUB 2016 BOARD OF DIRECTORS Executive Jeff Elkow President Laura O Neill Vice President Directors at Large Ken Mackay Steve Robson Glen Croft Leslie MacEachern Committee Chairs Jeff Elkow Discipline Laura O Neill House Rob Lake Greens & Long Range Robert Lavallee Club Captain Norm Turtle Finance Committee Highlands Golf Club - 6603 Ada Boulevard, Edmonton AB, T5W 4N5

*DEADLINE FOR FULL PAYMENT OF MEMBERSHIP DUES IS APRIL 15, 2016 GOLD MEMBERSHIP ANNUAL DUES BELOW INCLUDE GST SHAREHOLDER 3,820.00 CORPORATE SHAREHOLDER/PER PLAYER 3,820.00 FAMILY SHAREHOLDER (Listed Shareholder Gold) 6,645.00 Includes Spouse of Family Shareholder (Silver) Includes Dependents to age 18 (Bronze) ASSOCIATE 5,130.00 FAMILY ASSOCIATE (Listed Associate Gold) 8,545.00 Includes Spouse of Family Associate (Silver) Includes Dependents to age 18 (Bronze) SILVER MEMBERSHIP SHAREHOLDER SPOUSE 2,620.00 ASSOCIATE SPOUSE 3,655.00 SENIOR INTERMEDIATE (25-30) 2,860.00 BRONZE MEMBERSHIP PEE WEE (6-11) 400.00 JUNIOR (12-18) 525.00 INTERMEDIATE (19-24) 1,800.00 SPECIAL GROUPS 2016 Dues Schedule CLUB 65 MALE/FEMALE/SPOUSE 2,455.00 SHAREHOLDER PARKING FEE/MEDICAL FEE 955.00 SOCIAL MEMBERSHIP 100.00

2016 Fee Schedule GREEN FEES Guest of Member per round 80.00 Guest of Member Pee Wee, Junior 36.00 Casual Not Guest of Member 110.00 Guest Pass for Member 10 Rounds 720.00 ENTRANCE FEES Entrance Fee in Share Purchase 5,000.00 Note: Payment schedule available on Entrance Fee May be paid over two (2) years in four (4) equal payments of $1,250.00 each Family Transfer Fee 700.00 Corporate Transfer Fee (Payment Schedule N/A) 10,000.00 Purchase Share from Highlands Golf Club 400.00 LOCKERS Men/Ladies (Half) Annual Rental 60.00 Men/Ladies (Full) Annual Rental 85.00 CART STORAGE Caddy Cart Storage 120.00 3-Wheel Pull Cart Storage 50.00 CART PASSES & RENTALS Daily Cart Rentals 38.00 9-Hole Cart Rentals 19.00 Cart Pass, 10 18-Hole Rounds 320.00 One (1) Seat Cart Pass 800.00 MINIMUM FOOD & BEVERAGE CHARGE The Food and Beverage minimum of $300.00 per season will be applicable to the following categories: Shareholder, Shareholder Spouse, Associate, Associate Spouse, Club 65, and Club 65 Spouse. Not applicable to Pee Wee, Juniors, Intermediates, Senior Intermediates, and Social Members. *Any Dues not paid in full by the April 15 deadline will have a 10% penalty assessed on the balance owning.

Playing Privileges At a Glance Hours of Play MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY WEEKENDS & HOLIDAYS GOLD Anytime Anytime Anytime When no Ladies Night Anytime When no Ladies Day or Men s League Anytime Anytime SILVER 3:30 Ladies Night 3:30 Men`s League 11 a.m. based on Weekend/ Holiday ballot System priority BRONZE 3:30 Ladies Night 3:30 Men`s League 1 Club 65 Restricted *Senior Intermediates (25-30) may play anytime on weekdays. On weekends & holidays, they have Silver restrictions.

Notes For Playing Privileges Note 1 Weekday Play Walk On Privilege: Single Silver will have the opportunity to play between and and single Bronze members will have the opportunity to play between and 6, but only at the discretion of the Golf Professional. The members requesting the Walk on Privilege must sign in at the Pro Shop and accept the first available time as provided by the Golf Professional/Starter. The priority for play will be as follows: Priority Procedure 1) Gold, 2) Silver, 3) Bronze When the Professional has confirmed to the player that he/she is joining a group, the open playing position is considered to be filled. This will occur 15 minutes prior to the scheduled tee time. Note 2 Ladies Days: 9 a.m. to 10 a.m. Tee Times. All unused tee times to be assigned as requested. Note 3 Ladies Night: 5 to First tee reserved with times booked in advance. First 32 players to advance book. Any unused times may be assigned as requested Note 4 Men's League: Start of Season to Mid May 4 shotgun 1st Tee closes at 12:30 Mid May to mid August 4:30 Shotgun 1st Tee closes at 1 Mid August to end of Men s League season 1st Tee closes at 12:30 Note 5 Weekend/Holiday Play: Ballots will be used for weekend/holiday play. Members indicate preferred starting time, based on outlined playing privileges. Priority for allocating playing times will be based on the following criteria: 11 a.m.: Gold members Only Between 11 a.m. and 1 : Gold members, Silver members and Senior Intermediates. 1 : Gold members, Silver members, Senior Intermediates, Bronze Intermediates and Bronze members.

Note 6 All tee times booked by Phone-in, In person or by ballot must include the number of players and the players names. confirmation of the names of the players in the group, the member booking less than four (4) players will be informed that the Pro Shop will attempt to make a foursome. The Golf Pro can fill playing groups in advance, when original booking is not registered as a foursome. Members eligible to play in the appropriate time period would be able to request to be added to a group of less than four (4) players. (In-person or phone-in) The Golf Pro will attempt to make foursomes as playing demand requires. Note 7 Any member not using a time/playing slot booked in his or her name must notify the Pro Shop in advance of the scheduled time. Disciplinary action may be taken by the Head Professional, the Director of Golf and/or the Club Disciplinarian for members disregarding the club policies in respect to playing privileges and booking/cancellation procedures. Note 8 Starter Times will be available daily from: 11 a.m. to 3 Monday to Friday, excluding Holidays. Starter times may be booked same day In-Person or Phone-In starting Requests for times is taken on a 2 Phone-in to 1 In-person basis Gold members may book at 9:00 a.m.. All other members may book at 9:30 a.m. Note 9 Next Day Booking Rule: 10:00 a.m. on the morning prior to each scheduled booking day (excluding weekend/holiday play), any Silver member may book by Phone-in or In-person, any unclaimed time for the booking day in question. IE) Friday Tee Time: on Thursday at 10 a.m., any Gold or Silver member may book any available time for Friday. Note 10 Club 65/Club 65 Spouse: Play allowed on all days before 3, except weekend/holiday play. Exceptions as designated by the Club Captain for special club events or tournaments. Note 11 Guests of Members: A member in good standing may sign up to three (3) guests for weekday golf. Weekend restrictions are as follows: 10 a.m. 1 guest per foursome Between 10 a.m. and 2 1 guest per member 2 3 guests per member Note: Non members are allowed a maximum of six rounds of golf per season, regardless of which member signs them in.