McDowell Caddie Club Granite Reef Advisory LLC

Compensation Addendum Fee Schedule

This Compensation Addendum (this “Addendum”) is entered into as of (the “Addendum Effective Date”) and is hereby incorporated into and made a part of that certain Club House Partnership Agreement (the “Master Agreement”) dated between Granite Reef Advisory LLC (“Provider”) and (“Partner”). Capitalized terms used but not defined herein have the meanings ascribed to them in the Master Agreement.

Monthly Placement Fee

1. Monthly Placement Fee

   1. Partner shall pay Provider a Monthly Placement Fee in the amount set forth above (the “Monthly Fee”) in consideration of the Services and the additional Placement Benefits enumerated in Section 2.
   2. The Monthly Fee is exclusive of applicable taxes. Partner is responsible for any sales, use, transaction privilege, or similar taxes assessed in connection with the Services.

2. Placement Benefits

   In consideration of the Monthly Fee, Provider shall furnish to Partner the following placement benefits during the Term:

   1. Featured Destination Placement. Partner's venue shall appear with priority position in the destination list of the MCC member application during all service hours.
   2. Dedicated Cart Staging. Provider shall stage at least one (1) operational cart at or near Partner's designated drop-off location during peak service hours, subject to operational availability.
   3. Performance Dashboard. Provider shall provide Partner with access to a live dashboard showing covers delivered, by day and by service hour, for Partner's venue.
   4. Account Review. Quarterly performance review meeting at a time mutually convenient.
   5. Co-Marketing Permission. Partner is granted limited, non-exclusive permission to identify its venue as an “MCC Partner Club House” in its marketing materials, subject to Provider's brand guidelines (available on request).

3. Payment Terms

   1. Invoicing. Provider shall issue an invoice to Partner on or before the first business day of each calendar month for the Monthly Fee covering that month.
   2. Payment Due. The Monthly Fee is due within fifteen (15) days of invoice date (Net 15).
   3. Method. Payment may be made by ACH transfer, bank wire, or check to the account specified by Provider on the invoice.
   4. Late Payment. Late payments accrue interest at the rate of one and one-half percent (1.5%) per month or the maximum rate permitted by applicable Arizona law, whichever is less.

4. Trial Period

   1. The first ninety (90) days of service following the Effective Date constitute the “Trial Period” (corresponding to the Trial Period defined in the Master Agreement).
   2. During the Trial Period, the Monthly Fee is reduced to $ per month.
   3. Either party may terminate the Master Agreement during the Trial Period upon fourteen (14) days' written notice without further obligation, in which case the Trial Fee accrued through the termination date remains payable.

5. Fee Adjustment

   1. Annual Review. Provider may propose an adjustment to the Monthly Fee upon at least sixty (60) days' prior written notice, effective no earlier than the first day of the calendar month following the notice period.
   2. Partner's Right of Refusal. If Partner does not accept the proposed adjustment, Partner may terminate the Master Agreement upon thirty (30) days' written notice without further obligation, and the current Monthly Fee remains in effect through the termination date.

6. Effect on Master Agreement

   1. This Addendum amends and supplements the Master Agreement solely as to the matters set forth herein. All other terms of the Master Agreement remain in full force and effect.
   2. In the event of any conflict between this Addendum and the Master Agreement with respect to compensation, payment, or placement benefits, this Addendum controls.

7. Counterparts; Electronic Signatures

   1. This Addendum may be executed in counterparts, including via electronic signature platforms (e.g., DocuSign). An electronic signature shall have the same force and effect as an original signature.

IN WITNESS WHEREOF, the parties have executed this Addendum as of the Addendum Effective Date.

Template only — not legal advice. Have qualified Arizona counsel review this Addendum and the underlying Master Agreement before execution. Tax, payment, and dispute-resolution provisions should be tailored to your business circumstances.