2008 Golf Retirement Plustm Annual Facility Authorization Agreement

2008 Golf Retirement PlusTM Annual Facility Authorization Agreement

Completeing this form does not automatically enroll you in the Golf Retirement Plus Sponsor Programs. To enroll, please let your sales representative know that you participate in Golf Retirement Plus and would like to earn incentives. For details on any of the Sponsor Programs listed below, please visit the PGA Financial Center on www.PGALinks.com. STEP 1 Select the Facility Related Sponsor Programs you are authorized to receive incentives from: *Requires additional company enrollment form. Contact your sales representative to enroll with this company. l All Sponsors l FootJoy* l Pepsi-Cola & Lipton l adidas Golf Company* l ForeFront* l PGA McGladrey Team Championship l Ahead l Gatorade l PGA Trade-In Network l Aloe Up* l Golf Digest Publications l Pukka Headwear* l Antigua l Greg Norman Collection* l Softspikes & Pride Golf Tee* l Ashworth* l Heritage Creations* l Srixon Sports* l Bag Boy* l Imperial Headwear* l St. Andrews Products l Bauer International l Kirk & Matz* l Sterling Cut Glass* l Callaway Golf* l Lamkin* l Sun Mountain* l Callaway Golf Apparel* l Lorente l TAG Heuer Eyewear l CMC Golf* l MacGregor Golf* l TaylorMade Golf Company* l Cobra* l Nike Golf* l Titleist* l Cutter & Buck* l OfficeMax* l Town Talk Headwear* l Etonic* l Past Contributors l U.S. Kids Golf*

STEP 2 Select the Personal Use Sponsor Programs you wish to receive incentives from: l Jamison Bedding l Premier Golf

STEP 3 Select One Option: l Option 1: I own the golf shop concession at my facility and do not require employer/facility owner/club permission to receive incentives from the Golf Retirement Plus Sponsor Programs and/or Personal Use Sponsor Programs above and have printed and signed my name below. l Option 2: I wish to receive incentives from the “Personal Use” Sponsor Programs only and do not require employer/facility owner/club permission to do so. l Option 3: I don’t own the golf shop concession at my facility but can receive incentives from the Golf Retirement Plus Sponsor Programs. I have reviewed the Facility Related and Personal Use Sponsor Programs, which are selected above, with my employer/facility owner/club and I am authorized to receive Golf Retirement Plus incentives. I agree, subject to eligibility requirements, that PGA Golf Enterprises, Inc., will send any and all incentives earned from my participation in these Sponsor Programs to the annuity provider for investment in my retirement account. My employer and I both signed our names and completed all items below.

STEP 4 To receive incentives, you must have a copy of this agreement on file with PGA Golf Enterprises, Inc. d/b/a Golf Retirement Plus. The form must be completed and signed by you and your employer (if applicable) on an annual basis. PGA Golf Enterprises, Inc. reserves the right to verify the signature and/or the authorization of employers at PGA Golf Enterprises, Inc.’s sole discretion, which may include but not necessarily be limited to, submitting copies of this form to your employer for verification.

Your Name (Please Print) PGA Member ID Number PGA Professional’s Signature

Name of PGA Professional Staffed Facility

Your Employer’s Name Your Employer’s Title Your Employer’s Phone Number

Employer’s Signature (required for option #3) DATE Your Employer’s E-mail Address MAIL FORM TO: FAX FORM TO: FOR ASSISTANCE CALL: Golf Retirement Plus 515-365-1244 1-877-RET-PLUS (738-7587) 12421 Meredith Drive, Urbandale, IA 50398 PAGE 1 OF 2 Form 504 – Revised 2/16/07

0179806 35562— GRP FF Kit (3/08) Authorization Agreement (M1424) Size: 8 1/2 x 11 - No fold Colors: 3/C 2/S No Bleeds Paper: 60# white offset Golf Retirement PlusTM Sponsor Program

There are more than 45 Golf Retirement PlusTM (GRP) Sponsor Programs available to PGA Professionals. The majority of them offer incentives that are truly incremental to other financial benefits or discounts available to the facility. The programs listed below allow the facility to choose whether to apply discounts to invoices or authorize the contribution of incentives to their PGA Professionals’ GRP accounts.

• Ashworth – GRP incentives are in lieu of Ashworth’s off-invoice discounts.

• Callaway Golf – GRP incentives are in lieu of Callaway’s off-invoice discount.

• Callaway Golf Apparel – A component of this program offers a choice between the entire GRP incentive going to the PGA Professional or the facility.

• Cobra Golf – A component of this program offer a choice between the entire GRP incentive going to the PGA Professional or the incentive being split between the PGA Professional and an off-invoice discount.

• FootJoy – Some components of this program offer a choice between a GRP incentive or a credit to the facility’s FootJoy invoice.

• Nike Golf – Offers an option to select a competitive sales program, allowing a percentage of the net sales to be taken as GRP incentives or as an off-invoice discount.

• TaylorMade Golf Company – Discounts earned for meeting the Inside Sales Policy conditions can be taken as a GRP incentive, account credit or no-charge merchandise. Regardless of this election, an additional 1% is available as a GRP incentive only.

• Titleist – Most of the GRP incentives are in lieu of Titleist Sales Programs’ incentives to the facility.

• Town Talk Headwear – The Twelve Dozen Basics Cap Program offers a choice between a GRP incentive or a lower price point.

PGA Professionals can access more detail on each GRP Sponsor Program via www.PGALinks.com or contact a GRP Specialist toll-free at 1-877-RET-PLUS.

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0179806 35562— GRP FF Kit (3/08) Authorization Agreement (M1424) Size: 8 1/2 x 11 - No fold Colors: 3/C 2/S No Bleeds Paper: 60# white offset