Page 9 - Membership Plan

Preferred Pricing

Members in good standing will receive preferred pricing on food and beverage
purchases, spa treatments and services and other selected items. The specific items
chosen for preferred pricing will be published by the Company from time to time on a
Schedule of Preferred Pricing. Preferred pricing does not apply to banquets, special
events or catered parties, or at Members-only facilities. In order to receive the preferred
pricing, a Member must charge the item to his or her Club account.

Ownership and Operation of Club Facilities

Escalante Kingsmill Resort LLC, a Virginia limited liability company (the “Owner”),
owns the Club Facilities. The Club Facilities are operated by Escalante Golf, Inc. (the
“Company”) on behalf of the Owner. Where this Membership Plan refers to the Club
making a decision or otherwise taking action, the reference shall be deemed to be a
reference to the Company and/or its designees making a decision or otherwise taking
action on behalf of the Owner.

SECTION II - MEMBERSHIP CATEGORIES AND PRIVILEGES

Membership Categories

The Club invites applications for Membership in one of three non-equity Membership
categories: Patriot Golf, Patriot Sports and Patriot Social. The Club will also issue a
limited number of Golf and Sports Corporate Memberships.

Full Golf, Sports and Social Members who joined prior to March 1, 2017 are
grandfathered into this Membership Plan as follows:

• Full Golf Members who joined prior to March 1, 2017 and are in good standing
have the same access and usage privileges as those extended to Patriot Golf
Members described below. Unless otherwise stated, a reference to a Patriot Golf
Member or Patriot Golf Membership is also a reference to a Full Golf Member or
Full Golf Membership;

• Sports Members who joined prior to March 1, 2017 and are in good standing have
the same access and usage privileges as those extended to Patriot Sports Members
described below. Unless otherwise stated, a reference to a Patriot Sports Member
or Patriot Sports Membership is also a reference to a Full Golf Member or Full
Golf Membership; and

• Social Members who joined prior to March 1, 2017 and are in good standing have
the same access and usage privileges as those extended to Patriot Social Members
described below. Unless otherwise stated, a reference to a Patriot Social Member
or Patriot Social Membership is also a reference to a Social Member or Social
Membership.

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