SCHEDULE 1
ROTATIONAL RESERVATION SYSTEM – CLUB INTERESTS
For those uncommon weeks when demand for lodging may exceed supply, the New Moon Club has employed a Rotational Reservation System to ensure all Members have fair and equal access to each of the Club's residences.
Each Member will receive a Membership Number based on the order in which he or she purchased a Club Interest. (For example, the first Club Interest purchased is labeled #1, the second Club Interest is labeled #2, and the last Club Interest purchased is labeled #80.) If a Member wishes, he or she may choose a higher Membership Number than that which would otherwise be assigned in order to ensure a higher reservation priority in a specific, upcoming year. Each Membership Number will then be assigned to a Membership Group (A to H). Both the Membership Number and the corresponding Membership Group Letter are established upon purchase of a Three Bedroom Club Interest, and neither will change from year to year. However, until all Club Interests have been sold in each Club Category, the size of each group and number of groups may fluctuate, but the usage described herein will not be affected.
Priority booking of Club Units for week #1 (for both Winter and Summer Seasons in Year 1) will begin with the lowest Membership Number in Group "A", and will finish with the highest Membership Number in Group "H." Priority booking of Club Units for week #2 (for both Winter and Summer Seasons in Year 1) will be performed by reversing the order of that for week #1. In other words, priority will begin with the highest Membership Number in Group "H", and will finish with the lowest Membership Number in Group "A." Please refer to the top of the chart on the next page for the complete list of Membership Numbers and their corresponding Membership Group.
Beginning with Year 2, and following with every subsequent year thereafter, the Membership Groups will be rotated one position. Therefore, in Year 2, priority will go to Membership Group "B" when booking week #1 and priority will go to Membership Group "A" when booking week #2. In Year 3, priority will go to the Membership Group "C" when booking week #1 and priority will go to Membership Group "B" when booking week #2 , and so on.
In the same rotating manner as the Membership Groups above, each Membership Number within each Membership Group will also rotate one position on an annual basis. The following chart illustrates one full cycle of the Rotational Reservation System.