JOINDER AGREEMENTJoinder Agreement • September 13th, 2011 • ClubCorp Club Operations, Inc. • Services-membership sports & recreation clubs
This JOINDER AGREEMENT, dated as of September 6, 2011, is delivered pursuant to Section 8.6 of the Guaranty and Security Agreement, dated as of November 30, 2010 (as amended, restated, amended and restated, supplemented or otherwise modified, the “Guaranty and Security Agreement”), by Clubcorp, Inc., a Delaware corporation (the “Borrower”) and the Affiliates of the Borrower from time to time party thereto as Grantors in favor of Citicorp North America, Inc., as administrative agent and collateral agent for the Secured Parties referred to therein. Capitalized terms used herein without definition are used as defined in the Guaranty and Security Agreement.
PLEDGE AMENDMENTPledge Amendment • September 13th, 2011 • ClubCorp Club Operations, Inc. • Services-membership sports & recreation clubs
This PLEDGE AMENDMENT, dated as of September 6, 2011, is delivered pursuant to Section 8.6 of the Guaranty and Security Agreement, dated as of November 30, 2010, among CCA Club Operations Holdings, LLC, a Delaware limited liability company (“Holdings”), ClubCorp Club Operations, Inc., a Delaware corporation (the “Borrower”), the undersigned Grantor and the other Affiliates of the Borrower from time to time party thereto as Grantors in favor of Citicorp North America, Inc., as administrative agent and collateral agent for the Secured Parties referred to therein (the “Guaranty and Security Agreement”). Capitalized terms used herein without definition are used as defined in the Guaranty and Security Agreement.
