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Junior Executive Membership

A Junior Executive Membership is held by a person admitted to membership prior to turning 36 years of age, subject to the following: upon the Membership Committee’s recommendation, the Board of Directors elects to defer the transfer fee component of the Initation Fee. A Junior Executive Member shall have the same rights and privileges as a Proprietary Member. All other conditions and responsibilities associated with the purchase and sale of a Club Membership shall apply. No more than 6 new Junior Executive Membership's may be created in any calendar year.