Denton Country Club

“Denton Country Club vested members are stockholders of the not-for-profit corporation with the right to elect the Board of Directors governing body. Non vested members do not have a right to vote.”

“SECTION 7.2 Nomination. The Board shall, not less than thirty 30 days preceding the election date as described in Section 7.3 below, appoint a Nominating Committee of seven 7 Voting Members of the Club, which shall include the current President of the Club, the immediate past President of the Club, the Men's Golf Association Board President, the Ladies' Golf Association President, the President of the Tennis Association, if these associations are inclined to serve, and two other non-director Voting Member of the Club. Such committee shall nominate as candidates for the Board, a number of candidates not less than the number of directors whose terms are expiring. The nominees from the committee shall be reported to the Board of Directors. The Board must approve each Committee Nominee by a majority vote of those DIrectors present at a meeting held to approve such nominees. The meeting may be a regularly scheduled Board meeting pursuant to Section 7.4, or another specially called meeting by the Board President. Other nominations may be in writing with the signatures of at least 25 Voting Members in good standing and placed in the hands of the Secretary no later than October 15, including a statement of the candidate so nominated, stating, if elected, he or she is willing and able to serve as a Director. The Secretary shall report the list of those Other Nominees who meet the criteria herein to the Board of Directors. At least 21 days before the Election day, the Secretary shall: A Post the names of all persons as nominated and the date of the Election Day on the Club website and in the Clubhouse B Mail the list of all such nomiations with notice of the Election Day to the Voting Members along with a ballot for voting. The ballot for voting shall designate the Committee Nominees as those nominees selected by the Nominating Committee and approved by the Board of Directors.”

“The By-Laws reserve decisions regarding the purchase or sale of real property to the Members. The Board of Directors may not make such decisions without a vote of the entire membership.”

“There are no committees with authority to act on behalf of the board of directors.”

“The Treasurer and the accounting department review the 990 and then the Board of Directors reviews the 990 before it is filed.”

“Annually require board member disclosure of any conflict of interests.”

“Independent board of directors evaluates and determines compensation of club's general manager. The general manager determines other employee compensation.”

“UPON REQUEST.”

“Additions to member capital = $304700”