MEMBERSHIP GUIDELINES FOR THE TIMBERS COLLECTION PROGRAM 1.
Introduction
The Timbers Collection Program is a membership based program for owners of interests or memberships within Member Resorts. The Program is intended to provide Members with certain benefits made available by the Company, affiliates of the Company and the Partners. The Timbers Collection Program is owned and operated by the Company. These Membership Guidelines for the Timbers Collection Program govern the use of the Timbers Collection Program by its Members. Persons using the Timbers Collection Program, including the use of any Internet website maintained by the Company or any affiliate of the Company in connection with the Timbers Collection Program, shall comply with these Guidelines. Failure to comply with these Guidelines may result in the suspension and/or termination of a Person’s rights and privileges in the Timbers Collection Program. 2.
Definitions
The following terms govern membership in the Timbers Collection Program: Company means Timbers Collection, LLC, a Colorado limited liability company having its business address at 201 Main Street, Suite 202, Carbondale, Colorado 81623. Initiation Fee means the fee owed by any Person in connection with such Person's Membership Application, as set forth in Section 6.6 below. Member means a Person who is an owner of an ownership or membership interest at a Member Resort and who has been registered and accepted by the Company as a Member of the Timbers Collection Program. If a Member is comprised of more than one individual or an entity, the Member shall designate, and the Company shall recognize, one natural individual who is fully authorized to act on behalf of the Member. Member Resort means any resort that is part of the Timbers Collection, as described at www.collectionmembers.com and updated from time to time. Membership Application means the written or electronic application or registration form completed by each Person who applies for a membership in the Timbers Collection Program, and by which each such Person agrees to the provisions of these Guidelines. Partner means any company or business designated as an official corporate partner or participant in the Timbers Collection Program, as described at www.collectionmembers.com and updated from time to time. Person means an individual, partnership, corporation, limited liability company, trust, or other legally recognized entity, in each case holding title to an ownership or membership interest in a Member Resort.