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RCI Points Disclosure Guide 2019 - 2020 Disclosure Guide This publication contains information that indicates resorts participating in, and explains the terms, conditions and use of, the RCI Points Exchange Program and the RCI Weeks Exchange Program operated by RCI, LLC. You are urged to read it carefully. This publication contains Disclosure Guides for the RCI Points® Exchange Program and the RCI® Weeks Exchange Program, since membership in the RCI Points Exchange Program includes access to the RCI Weeks Exchange Program. The Disclosure Guide to the RCI Points Exchange Program is set forth in Part A of this publication. The Disclosure Guide to the RCI Weeks Exchange Program is set forth in Part B of this publication. Part A Disclosure Guide To The ® RCI Points Exchange Program DISCLOSURE GUIDE TO THE RCI Elizabeth Dreyer POINTS EXCHANGE PROGRAM Senior Vice President and Manager 6277 Sea Harbor Drive, Orlando, FL 32821 This Disclosure Guide to the RCI Points Exchange Program (“Disclosure Guide”) explains the RCI Points Brian Gray Exchange Program offered to Vacation Owners by Vice President RCI, LLC (“RCI”). Vacation Owners should carefully 6277 Sea Harbor Drive, Orlando, FL 32821 review this information to ensure full understanding of the terms, conditions, operation and use of the RCI Gary Green Points Exchange Program. Note: Unless otherwise Senior Vice President stated herein, capitalized terms in this Disclosure 6277 Sea Harbor Drive, Orlando, FL 32821 Guide have the same meaning as those in the Terms and Conditions of RCI Points Subscribing Stacey Jagielski Membership, which are made a part of this document. Assistant Secretary 6277 Sea Harbor Drive, Orlando, FL 32821 RCI is the owner and operator of the RCI Points Exchange Program. No government agency has Stanley Kreydin approved the merits of this exchange program. Senior Vice President 6277 Sea Harbor Drive, Orlando, FL 32821 RCI is a Delaware limited liability company (registered as Resort Condominiums International, Jeffrey R. Leuenberger LLC in Connecticut, New Jersey, North Carolina, Senior Vice President and Treasurer Ohio, and Wisconsin) with its principal offices located 14 Sylvan Way, Parsippany, NJ 07054 at: Ryan Morettini 6277 Sea Harbor Drive Group Vice President Orlando, FL 32821 6277 Sea Harbor Drive, Orlando, FL 32821 Exchanges through the RCI Points Exchange Terry D. Motsenbocker Program are processed at: Senior Vice President 9998 North Michigan Road, Carmel, IN 46032 9998 North Michigan Road Carmel, IN 46032 Peter Rivas Assistant Secretary RCI is a subsidiary of Wyndham Destinations, Inc., a 6277 Sea Harbor Drive, Orlando, FL 32821 Delaware corporation. Richard G. Ruff Officers Senior Vice President 9998 North Michigan Road, Carmel, IN 46032 Poykayil Jayananda Abhishek Senior Vice President Frank Sassano 14 Sylvan Way, Parsippany, NJ 07054 Vice President and Assistant Treasurer 14 Sylvan Way, Parsippany, NJ 07054 Sherri Avara Vice President Ciara Eavan Sisk 6277 Sea Harbor Drive, Orlando, FL 32821 Senior Vice President 14 Sylvan Way, Parsippany, NJ 07054 Brian Bruno Vice President Robert J. Tatum 14 Sylvan Way, Parsippany, NJ 07054 Senior Vice President 9998 North Michigan Road, Carmel, IN 46032 David J. Carlson Senior Vice President, Secretary and Manager Michael J. Toscano 14 Sylvan Way, Parsippany, NJ 07054 Senior Vice President and Manager 14 Sylvan Way, Parsippany, NJ 07054 Olivier Chavy President RCI provides the RCI Points Exchange Program and 6277 Sea Harbor Drive, Orlando, FL 32821 other related services and benefits to Members. Wyndham Destinations, Inc. (“Wyndham Fiona G. Downing Destinations”) is the parent corporation of RCI Senior Vice President and Fairfield Resort Management Services, Inc. 14 Sylvan Way, Parsippany, NJ 07054 P1 (“FRMS”), a resort management company, Deposit is for the benefit, use and enjoyment of the Wyndham Vacation Resorts, Inc. (“WVR”), Network Administrator in accordance with the Wyndham Resort Development Corporation doing Network Documents. Deposits shall occur for the business as WorldMark by Wyndham (“WRDC”), term of the Member’s Network Participation Equivest Finance, Inc. (“Equivest”), and Agreement, subject to the Network Documents. Wyndham Vacation Rentals North America, LLC (“WVRNA”) and their respective subsidiaries. The Network Participation Agreement between the Some officers and/or directors of Wyndham Member and the Network Administrator is a separate Destinations may from time to time serve as and distinct agreement from any agreement that the officers and/or directors of RCI, FRMS, WVR, Member may have with the developer or seller of a WRDC, Equivest, and/or WVRNA and vice versa. vacation plan, including any agreement with the FRMS, WVR, WRDC, Equivest and WVRNA developer or seller to purchase Vacation Ownership resorts are marked with a plus symbol “+” if or to occupy or use Vacation Time or other property, applicable in the Resort List, and Members List benefits or All-Inclusive Packages. The Network both of which are attached hereto. Certain provides an opportunity to request exchanges officers and directors of RCI may own, or have pursuant to Network Documents and does not rights to acquire, shares of stock in Wyndham provide a right to occupy any specific unit or units of Destinations. Other than as stated in this Inventory. paragraph, neither RCI nor any of its officers or directors has any legal or beneficial interest in The deposit of Vacation Time and availability of RCI any developer, seller, managing entity or Vacation Points to a Member does not relieve a Member’s Ownership plan participating in the RCI Points obligation to pay all fees or other amounts due RCI, Exchange Program. RCI is an independent or the obligation to pay any maintenance fees, exchange service company and is not owned, assessments, taxes or other similar charges or fees operated or controlled by any Resort, developer, imposed by any applicable local, state or federal seller, managing entity or Vacation Ownership plan government entity (or its equivalent if the Resort is participating in the RCI Points Exchange Program. located in a foreign country) or imposed by a Resort, Inventory provider or Points Partner. Network Because vacation exchange is used intermittently as privileges may be suspended, terminated or an adjunct to Vacation Ownership, potential Vacation denied, or a Confirmed Exchanged cancelled, in Owners should select a Resort that best meets their the Network Administrator’s sole discretion, if a ongoing vacation needs. A Member’s decision to Member’s Vacation Ownership Expenses or other purchase Vacation Ownership should be based charges have not been paid when due. Special primarily upon the benefits to be gained from the charges, user fees or government taxes may be ownership, use and enjoyment of the Vacation charged to a Member or guest by an Inventory Ownership and not upon the anticipated benefits provider or by Points Partner and it is the of the RCI Points Exchange Program. RCI does Member’s or guest’s obligation, not RCI’s to pay not guarantee the availability of any those charges, fees, or taxes regardless of accommodations or ancillary benefits, including, whether such charges, fees or taxes are levied by without limitation Points Partner options and is the Member’s Home Resort or Home Group. not responsible for the financial viability or the quality of accommodations, facilities, amenities, RCI may offer additional benefits to Members, which management and services at any Resort, may be subject to separate terms and conditions, in Inventory provider or Points Partner. exchange for Deposited Vacation Time. RCI may change, limit, or eliminate the availability of such PARTICIPATION IN THE NETWORK. Participation additional benefits, in RCI’s sole discretion. RCI does in the Network is voluntary. The rights of membership not guarantee that any additional benefit will be made and term of such memberships may vary among available to Members, or, if made available, will Members and RCI may waive certain requirements, in remain available for any period of time. RCI reserves its sole discretion. Membership in the Network may the right to impose limits on Members’ use of be offered for varying lengths of time. Subscribing additional benefits, including the number of Points membership in the RCI Points Exchange Program that can be applied towards additional benefits. All includes access to the RCI Weeks Exchange Members may not have access to all benefits. Program. NETWORK PROCEDURES AND OBLIGATIONS. By executing a Network Participation Agreement, the The terms and conditions of a Member’s contractual RCI Points Subscribing Member agrees that each relationship with the Network and the procedures for Deposit into the Network, all rights of use, occupancy, utilizing the Network are set forth in the Network access and enjoyment in respect to his or her Documents. Vacation Time is granted to the Network Administrator. The Member retains title to his or her THE CONTENTS OF THIS DISCLOSURE GUIDE Vacation Ownership, subject to this Deposit. The AND ALL OTHER NETWORK DOCUMENTS, P2 INCLUDING THE TERMS AND CONDITIONS OF Call Center or Online RCI POINTS SUBSCRIBING MEMBERSHIP AND 14 nights or more $288 USD ANY PROVISION IN ANY DOCUMENT RELATED 7-13 nights $209 USD TO, FEES, BENEFITS, PROCEDURES AND 6 nights $199 USD PRIORITIES. ARE SUBJECT TO MODIFICATION, 5 nights $179 USD AMENDMENT, OR ELIMINATION BY THE 4 nights $139 USD NETWORK ADMINISTRATOR WITHOUT 3 nights $109 USD ADVANCE NOTICE IN ACCORDANCE WITH THE 2 nights $79 USD NOTICE
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