tradingplaces.com 66 represents and warrants that he or she has the right to use or assign such Home Resort accommodations, and that all maintenance fee assessments or similar charges have been paid through the date of the accommodations being deposited. The occupancy of the Home Resort accommodations may not be rented, exchanged, or given to any third party once it has been deposited with the Exchange Program. Additionally, if a Participant’s Vacation Interest is sold after a week has been deposited and after a Confirmation has been issued into the Home Resort accommodations or to the Participant based on such Deposit, such sale must be subject to TPI’s exclusive right to use the Deposited Week. Special Membership Programs and Exchange Services 1. Participants may be enrolled in the Premier Access program upon TPI’s receipt of the applicable Premier Access Fee. Such fee is generally paid by the developer or association of the Home Resort, initially at the time of such individual’s purchase of an interest and, thereafter, annually, for the purpose of renewing each such Participant’s membership in Premier Access. Alternatively, some Participants enroll in Premier Access or renew his or her membership by remitting the required Premier Access Fee directly to TPI. At all times, participation in Premier Access benefits is voluntary. 2. a. Premier Access status provides Participants with the opportunity to place one (1) Exchange Request within his or her Premier Access Family of Resorts annually upon the payment of a discounted Exchange Fee which discounted fee generally ranges between US$29 and $75 or, in some instances, without the payment of an Exchange Fee at all. All additional Exchange Requests will require the payment of the applicable standard member Exchange Fee, discounted by US$30, where a Premier Access Fee has been paid by or on behalf of the Premier Access Member. b. Each Premier Access Family of Resorts is a designated subset of the Resorts participating in the Exchange Program. A given Resort may participate in more than one Premier Access Family of Resorts. The developer or association of each participating Resort has entered into an arrangement with TPI whereby such Resort is managed by TPI or otherwise makes inventory available to TPI for its use with Premier Access. TPI reserves the right to change, substitute or eliminate the participation of one or more Resorts in a given Premier Access Family of Resorts or to designate one or more additional families, from time to time, in its sole discretion. c. Each Premier Access Member is associated with a particular Premier Access Family of Resorts upon his or her enrollment in Premier Access, based on his or her Home Resort. The specific resorts included in the Premier Access Family of Resorts associated with a given Premier Access Member may be modified, from time to time, as agreed between TPI and the developer or the association of the member’s Home Resort. 3. A Premier Access Member may also place an Exchange Request to any Resort in the Exchange Program, including, without limitation, Resorts participating in one of the Premier Access Family of Resorts, other than the family associated with such Premier Access Member, upon the payment of an Exchange Fee. In such instance, the Premier Access Member is afforded a discount against the applicable standard non-member Exchange. Such discount is currently established at US$30. 4. Split week exchange is an exchange service offered to Premier Access Members and Trading Places Prime Members through which the Participant may deposit a week from his or her Home Resort and place Exchange Requests for accommodations for a three-night period and a four-night period. Only one Exchange Request may include a weekend stay. Exchange Requests for a split-week exchange may be placed up to 90 days prior to the requested travel dates and as outlined by the terms and conditions of the Premier Access membership program. Trading Places Prime Members may place Exchange Requests for a split-week exchange up to 45 days prior to the requested travel dates. An exchange fee must be paid at the time a split week Confirmation is issued. In addition, Participants using this exchange service may be required to remit an additional housekeeping fee depending on each Host Resort’s rules and regulations. Except as noted to the contrary above, all other terms and conditions of the Exchange Program apply to this exchange service. 5. a. Where a developer or association of a Resort enrolls the purchasers/owners of Vacation Interests at such Resort as Premier Access Members and further affords such purchasers the opportunity to participate in TPI’s Maintenance Fee Reimbursement Program through the remittance of the applicable Premier Access Membership Fee prescribed by TPI, such Premier Access Members may receive a reimbursement of maintenance fees previously-paid, up to a stated maximum applicable to the Premier Access Member’s Deposited Week. b. This benefit may only be applied to one week of Home Resort accommodations per Premier Access Member annually and TPI reserves the right to decline accepting any week of Home Resort accommodations in its sole discretion. c. In order to receive reimbursement, the applicable Premier Access Member must timely remit all maintenance fees and other assessments due on the applicable week of Home Resort accommodations and deposit such week with TPI not less than ten (10) months in advance of such week’s initial date of occupancy. d. Upon deposit, the applicable week may be utilized by TPI, as it deems appropriate, in its sole discretion. e. Reimbursement of the maintenance fees for the Deposited Week, up to the program maximum stated above, will be paid within forty-five (45) calendar days of the Deposited Week’s last date of occupancy. 6. a. Where a developer or association of a Resort enrolls the purchasers/owners of Vacation Interests at such Resort as Premier Access Members and further affords such purchasers the opportunity to participate in TPI’s Maintenance Fee Reimbursement Program through the remittance of the applicable Premier Access Membership Fee prescribed by TPI, such Premier Access Members may receive a reimbursement of maintenance fees previously-paid, up to a stated maximum applicable to the Premier Access Member’s Deposited Week b. This benefit may only be applied to one week of Home Resort accommodations per Premier Access Member annually and TPI reserves the right to decline accepting any week of Home Resort accommodations in its sole discretion. c. In order to receive reimbursement, the applicable Premier Access Member must timely remit all maintenance fees and other assessments due on the applicable week of Home Resort accommodations and deposit such week with TPI not less than ten (10) months in advance of such week’s initial date of occupancy. d. Upon deposit, the applicable week may be utilized by TPI, as it deems appropriate, in its sole discretion. e. Reimbursement of the maintenance fees for the Deposited Week, up to the program maximum stated above, will be paid within forty-five (45) calendar days of the Deposited Week’s last date of occupancy. 7. Upon the payment of an annual