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1. Business Memberships The named corporation will be allowed one (1) Business Vested membership issued to an officer as a Business (Principal) member. This membership may be transferred to another officer or individual at the request of the corporation. A transfer fee of $250.00 will be charged. A minimum of one (1) other executive of the named corporation must join and will be referred to as a Business Affiliate member. Business Affiliate memberships will be entitled to all privileges of the Club and grounds. A Business Affiliate non-vested membership may be transferred to another executive of the corporation if the named officer moves or is no longer with the corporation. A transfer fee of $250.00 will be charged for such a transfer. The corporation shall be responsible for all dues occurring during such transfer or until such transfer has been consummated. The corporation shall be responsible for all charges to the accounts of the Business Principal and Business Affiliates. 2. Tennis memberships will be entitled to all privileges of the Club except the Golf Course. 3. Social memberships will be entitled to all privileges of the Club except the Tennis Courts and Golf Course. 4. Junior members shall be those between 21 and 34 years of age. Junior members shall be entitled to all the privileges of the Club and grounds. 5. Fees and Participation Membership of each of the categories of membership will pay such initiation and transfer fees and such dues and shall be subject to such restrictions and regulations as the Board of Directors may prescribe from time to time for the categories of memberships. No member except Vested members shall vote or participate in any business meeting of the Club, nor serve as a member on the Board of Directors or as an officer of the Club. Membership privileges shall be extended to spouses and unmarried children under the age of 25 or disabled children living at home. Each member shall be responsible for the conduct and all indebtedness of his/her membership. 6. If this application for membership is granted, I agree to pay all monthly dues as may be established by the Board of Directors, together with all purchases by myself or persons permitted to charge on my account. 7. I authorize Denton Country Club to pull my credit report for the sole purpose of approving my membership. ALCOHOLIC BEVERAGE AGREEMENT Any member bringing a guest will always be responsible for his/her guest. A guest of a temporary member or preliminary member must leave if the temporary or preliminary member leaves the premises.