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RESORT DIRECTORY 2014 – 2015

333

IntervalWorld.com

4. Any Club Program Member or Individual Member may independently

upgrade his or her corporate membership to Interval Gold or Interval

Platinum status upon his or her payment of the applicable upgrade fee, plus

any applicable tax. Each Club Program Member and Individual Member

acknowledges and agrees that membership in Interval Gold or Interval

Platinum is separate and distinct from the corporate membership maintained

on behalf of each Club Program Member by MORI or his or her Individual

Membership, as applicable, and each Club Program Member and Individual

Member shall be responsible for his or her enrollment in and, where

applicable, renewal of Interval Gold or Interval Platinum membership.

Failure to renew membership within 120 days from any expiration thereof

may require payment of a readmission fee to reinstate membership.

5.

Individual Membership fees are refundable on a pro rata basis (based

on the number of full months remaining in the applicable membership

period) upon II’s receipt of an Individual Member’s request for cancellation

of his or her membership and a refund; Interval Gold membership fees are

refundable on the same basis provided, however, that the Club Program

Member or Individual Member also returns to II any Interval Gold

membership card(s) that he or she has received. Upgrade fees for Interval

Platinum are nonrefundable under any circumstances.

6. The applicable exchange fee per week to be confirmed is subject to

any applicable tax and must be paid at the time an exchange request is

made. An exchange request to travel within the Club Program Member’s or

Individual Member’s country of residence requires a domestic processing

fee. For travel outside the Club Program Member’s or Individual Member’s

country of residence, an international processing fee is required.

Any request

that contains destinations both within the country of residence and outside

the country of residence requires the international processing fee, regardless

of where the request is ultimately confirmed.

If the international processing

fee is paid, no portion of the fee will be refunded if confirmed to an area in

which the domestic processing fee would otherwise apply. Notwithstanding

the foregoing, Club Program Members and Individual Members residing in

the United States, Canada, and the Caribbean pay the same processing fee,

regardless of the travel destination selected. Club Program Members and

Individual Members who choose to utilize II’s website at IntervalWorld.com

to transact an exchange request are eligible to receive a discount on the

applicable processing fee, per week confirmed. If the request is made by

telephone, the exchange fee may be paid by a credit card acceptable to II or

by check. Where the exchange fee is paid by check, however, confirmation

will not occur until said check has been received and processed by II.

Accommodations will be held for five calendar days pending receipt of a

check for an exchange fee. In addition, in any instance in which a Club

Program Member or Individual Member pays a fee by check, II reserves the

right to collect an administrative fee where such check is returned to II.

Checks are not accepted for Confirmations with occupancy commencement

dates within 30 days or less. Exchange fees will be refunded only if an exchange

cannot be confirmed, if cancellation of the applicable exchange request is

received by II prior to Confirmation, or if cancellation is received by II

within the first 24 hours of a Confirmation’s issuance. Exchange fees will

not be refunded under any other circumstances.

7. The applicable exchange fee, plus any applicable tax, must be submitted

by the Club Program Member or Individual Member at the time a ShortStay

Exchange Confirmation is received. This exchange fee is nonrefundable. Any

cancellation of a ShortStay Exchange results in the loss of the Points or

Week relinquished.

8. The purchase of E-Plus requires the payment of an additional fee, plus

any applicable tax per exchange request or Confirmation.

An E-Plus fee will

only be refunded if the original exchange request cannot be confirmed or if

cancellation of the original exchange request is received prior to Confirmation.

E-Plus fees will not be refunded under any other circumstances.

9. If the Deposit Extension Option is selected by a Club Program

Exchange Member or Individual Member who has relinquished a Week to

II, an additional fee per deposit is required at the time the deposit extension

is requested. The applicable fee is required to extend a deposit for six or

12 months.

10. If a Guest Certificate is requested by any Club Program Member or

Individual Member other than an Interval Platinum Member, an additional

fee is required at the time the certificate is requested. If II does not issue a

Confirmation for which the Guest Certificate has been purchased, the

certificate fee will be refunded. Guest Certificate fees will not be refunded

under any other circumstances. Interval Platinum Members are not required

to pay a fee to request a Guest Certificate.

11. The applicable Marriott Vacation Club Internal Exchange Fee for

requests to MVCI Resorts only, plus any applicable tax, per Week

exchanged, must be submitted at the time a request is made, and will only

be refunded if the exchange request cannot be confirmed or written

cancellation is received by II prior to Confirmation. Any exchange request

submitted that contains both MVCI Resorts and other Member Resorts

must be submitted in accordance with the other terms and conditions set

forth in this

Resort Directory

, including payment of the standard applicable

exchange fee. In the event such request is ultimately confirmed to a MVCI

Resort, no portion of the fee paid to II will be refunded (e.g., the difference

between the exchange processing fee and the Marriott Vacation Club

Internal Exchange Fee). The Marriott Vacation Club Internal Exchange Fee

may be increased from time to time, upon written notice to Members.

12. In the event that a Club Program Member or Individual Member sells,

rents, exchanges, or otherwise assigns the Home Resort accommodations to

any third party after such accommodations have been deposited with II,

while a request is pending with II, or after II has issued a Confirmation, II will

assess such Club Program Member or Individual Member an administrative

fee. Additionally, such Club Program Member or Individual Member will be

responsible for all liabilities incurred by II in connection with the double use

of the accommodations by the Club Program Member or Individual Member.

Under these circumstances, membership privileges will be suspended

(without further obligation by II) until such time as all amounts owed have

been paid in full to II.

13. II may suspend membership privileges in the event a Club Program

Member or Individual Member fails to pay any amount owed to the Host

Resort, II, or any other company related to II.

14. Some jurisdictions have imposed a tax on the occupant of resort

accommodations. Consequently, any bed tax, transient occupancy tax, or

similar tax that is imposed shall, in those circumstances, be the responsibility

of the exchanging Club Program Member or Individual Member. Members

may be required to contact the Host Resort prior to arrival in order to

prepay such taxes and certain other resort fees. Additionally, Club Program

Members and Individual Members are responsible for all personal charges

(e.g., telephone calls and meals) while at the Host Resort, any utility surcharge

or other charge imposed by a resort, as well as any damage to or loss or

theft from the Host Accommodations and facilities that is caused by Club

Program Members or Individual Members and their respective guests.

15. Fees, if any, charged by Member Resorts for certain services, meal plans,

and amenities are determined and levied by each resort. Such fees are the

responsibility of the Club Program Member or Individual Member. These

fees vary from resort to resort.

16. All fees may be increased from time to time by II, at its sole discretion.

Club Program Members and Individual Members will be advised of any

such increases through II’s regular publications or on II’s website,

IntervalWorld.com.