Black Bull

The Black Bull Golf Club (the "Club") offers the opportunity to purchase an Equity Membership in the Club. Membership provides the opportunity to use the Club's recreational facilities and to become a voting member of an equity, member-owned club. The following Questions and Answers explain some of the more important features of the membership opportunity at the Club. For a full description of the benefits and privileges of membership, please refer to the Membership Plan and related documents referred to therein (collectively, the "Membership Documents").