Dear Voting Member:

As you may know the Board of Governors of Golf Hammock Club Inc. sold Golf Hammock Country Club on February 28, 2011. Now begins the challenging task of settling the Club’s liabilities and obligations ( the easy part) and finding and paying all Members their share of the net proceeds (the hard part). This process will involve gathering all of the Membership certificates, roughly half of you responded to our earlier request, and determining exactly to whom the dissolution distribution check should rightfully be made payable.

In many cases the identifying job is quite easy since the person or persons whose name(s) are on the certificate are both still alive and together. All we need from them is the Member certificate. But in many cases one spouse has died and our By-laws permit transfer of the Membership to the surviving spouse. In this case we need the Member certificate and a copy of the death certificate. For a limited number of Memberships both names on the certificate have passed away and we need some form of proof as to whom the Membership should be transferred. This gets a little more complicated.

We have listed below the forms of documentation which we could need to determine the status of your Membership and have placed a check in the box for those items we know we need from you based on your prior information submission or because we have not heard from you.. There are well over 100 Memberships for which we have only checked the certificate box because we do not know any facts about these Members. If one or both have died, we need copies of death certificates and, if both have died, we need proof of to whom the Membership should be transferred.

Documentation We Might Need:

[] Membership Certificate

[] Copy of Death Certificate(s), if applicable

[] Voting Membership Reissue Application ( copy enclosed)

[] Affidavit of Lost Certificate ( copy enclosed)

[] Legal Documents Indicating to Whom Membership should be transferred

Now it is up to you. We want to be certain that everyone who is entitled to a distribution, gets one, but without the proper information we may not be able to make that happen.

We thank you in advance for your help in making the dissolution distribution process as simple as possible.

Sincerely,

Thomas Senior, Treasurer