TERMS & CONDITIONS AIRPORT CLUB FRANKFURT FLUGHAFEN GMBH & Co. KG

§1

Upon acceptance of the application for membership, a membership contract is concluded between the applicant and Airport Club Frankfurt Flughafen GmbH & Co. KG, hereinafter also referred to as “Airport Club”.

§2

Membership entitles the holder to use the Club’s premises within the framework of the Club’s regulations. The use of the other facilities, such as currently e.g. office, secretarial and conference services as well as the restaurant, shall be available to members against payment within the framework of the available capacities. In the case of corporate membership, only the persons named in the application for membership are entitled to use the facilities. In the case of private memberships, however, a renaming of the family member and in the case of corporate memberships, a renaming of the authorised persons named by the entrepreneur is permitted if the Airport Club agrees. The Airport Club agrees to renaming if there are no objections to the named person with regard to the desired Club atmosphere and all outstanding debts from the membership have been settled.

§3

Membership obliges the payment of the admission fee. Furthermore, an annual membership fee shall be paid at the beginning of each year for membership during the calendar year. If admission to the Club takes place from 1 July, only half of the annual membership fee shall be charged. The amount of the admission fee and the annual membership fee shall be determined by the membership fee rates in force at the time of conclusion of the contract. The Airport Club may change the annual membership fee with effect from 1st January of the following year. Any such change shall take effect as of the new calendar year and shall be notified to the member six months before the end of the calendar year. Timely publication in the “Club News” is sufficient for the change to take effect.

The admission fee and the annual subscription shall not be refunded upon termination of membership.

§4

After payment of the admission fee, each member receives a membership card, which serves as proof of entitlement to use the club facilities and entitles the member to consumption. The invoice for consumption shall be issued on a monthly basis. The invoice amount will be collected by direct debit or via the member’s credit card, at the member’s discretion. The membership card remains the property of the Airport Club and must be returned to the Airport Club at the end of the membership.

When entering the Airport Club, the membership number stored on the membership card as well as the date and time are recorded. Furthermore, any consumption is recorded for billing purposes. The Airport Club stores this data in compliance with the regulations of the Federal Data Protection Act.

§5

Membership obliges to comply with the Club Rules, which every prospective member receives before joining and which are available in the Club. These Club Rules and the General Terms and Conditions may be amended by the Airport Club for objective reasons. Any such amendment shall take effect in the new calendar year and shall be notified to the member six months before the end of the calendar year. The timely publication in the “Club News” is sufficient for the effectiveness of the amendment.

§6

The membership contract can be terminated by either party with a notice period of three months to the end of each calendar year, otherwise the membership will be renewed for another calendar year. The right to extraordinary termination for good cause remains unaffected. Notice of termination must be given in writing in order to be effective. The admission fee and the annual membership fee shall not be refunded in the event of termination.

§7

As a matter of principle, the Airport Club shall not be liable for damages suffered by the member. This does not apply to liability due to a breach of an essential contractual obligation and to liability due to damage to the member resulting from injury to life, limb or health, nor does it apply to damage caused by an intentional or grossly negligent breach of duty by the Airport Club, its legal representatives or vicarious agents. Material contractual obligations are obligations the fulfilment of which is essential for the proper performance of the contract and on the observance of which the contracting party may regularly rely. An essential contractual obligation of the Airport Club is in particular, but not exclusively, the continuous access to the premises mentioned in § 2.

Members are requested to take care of any valuables and their wardrobe themselves. The Airport Club does not assume any guarding or duty of care for such items.

§8

No oral agreements have been made in addition to this contract. Any amendment to this contract must be made in writing. This also applies to the cancellation of the written form clause itself.

§9

German law shall apply. The place of jurisdiction is Mainz.