21. PAYMENT

21.1 Daily Bills

a. Members and guests are required to acknowledge all food and beverage orders, as well as other charges by signing their names and Member numbers on the order ticket.

b. Walk-in guests who rent golf clubs from the Club must leave a deposit in accordance with the Club’s Regulations. The deposit will be returned when the player returns the golf clubs and pays all related service fees in full.

c. All charges must be paid to the cashier prior to leaving the Club.

d. Payments will be accepted in the form of cash, debit or credit card. Members and guests will receive an itemized receipt for their records and a bag tag stamped “Paid” that must be handed to the company staff bag attendant when claiming golf bags before leaving the Club.

21.2 Annual Dues

a. The annual dues is a fee collected annually for maintaining the facilities, capital improvements and other related issues.

b. Annual Dues are calculated according to the following categories

1. “Active fee” is the annual due, which allows Member to play more than 12 times per year after payment in full of the set dues.

2. “Out of Town fee” is the annual due, which allows Member to play 12 times or less per year after payment in full of the set dues.

3. “Absent fee” is the annual due for a Member who chooses not play any rounds during the 12 months of relevant annual due period.

c. Members are required to pay the annual dues full in time according to the “Regulation of Annual Dues” issued by the Company and normally on Jan 1st each year but no later than on Dec 31 of each year.