Page 7 - Odessa Country Club By-Laws Book

unpaid delinquent bills. The Expanded Company Membership shall be
non-stockholding and non-voting membership. An Expanded Company Member
shall pay any fees, as set by the Board of Directors, and shall pay the equivalent
of Stockholding Personal Membership dues. Expanded Member shall have the
right to participate in all Club activities, and the use of all Club facilities. They
shall not have the right to vote or serve on the Board of Directors or any of its
committees, nor shall they have any vested interest in the club. Any Expanded
Company Member resigning or forfeiting his Expanded Company Membership
shall not be eligible to reassume use as an Expanded Company Member for the
same company for at least two (2) years from the date he resigned or forfeited
his use of the Expanded Company Membership. An Expanded Company
Membership may not be placed on inactive status.

(f) Honorary Member: Honorary Members shall be those members who may be
invited by the Board of Directors for such term and reason as the Board of
Directors may deem proper with fees and charges set by the Board.

(g) Legacy Member: Legacy Member shall be a child, grand child or great
grandchild [at least twenty-one (21) years of age] of an active Stockholding
Member in good standing of Odessa Country Club. The Legacy Member shall
pay any fees, as set by the Board of Directors, and shall pay either Stockholding
Personal Member dues or Junior Member dues; depending on the age of the
Legacy Member (based on the older of the couple, if the Legacy Junior Member
is married). A Legacy Member who forfeits his Legacy Membership will not be
entitled to establish another Legacy Membership or reinstate his previously
forfeited Legacy Membership.

The Legacy Member Sponsor shall be responsible for any unpaid delinquent
balance for the first twelve (12) months of the membership; should any occur.

(h) Widow Stockholding Member: In the event of the death of a Stockholding
Personal Member, the deceased member's widow shall have the right to make
application to become a Widow Stockholding Member and, after approval of her
membership by the Board of Directors, the applicant shall be entitled to full credit
for the stock certificate held by the deceased person, conditioned acceptable title
to the stock certificate be acquired from the estate of the deceased. In such
event, no transfer fee shall be payable, and the member's widow's dues will be
set by the Board of Directors from time to time but it shall not be lower than
one-half (1/2) of the Stockholding Personal Member monthly dues as long as
she remains unmarried.
When the deceased is the user of a Stockholding Company Membership, with no
associated Expanded Company Memberships, this membership may be
transferred to the widow's name with proper approval by the owner of the
Stockholding Company Membership, and title to the stock certificate shall be
released by the company. However, this membership may not be transferred
back to a Stockholding Company Membership, except as provided for in Article
IV, Section 2 (l) of these By-laws.

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