VII. MISCELLANEOUS
A. Membership Recognition Levels. Members meeting the qualifications established by Exchange Company from time to time shall be eligible to become Premier Owners or Premier Plus Owners, as applicable, and shall be entitled to the benefits and privileges afforded to Premier Owners and Premier Plus Owners as determined by Exchange Company. In addition to other qualifications as may be established by Exchange Company from time to time, to become a Premier Owner or Premier Plus Owner a Member will be required to own Interests with an aggregated minimum number of Exchange Points assigned to such Interests as established by Exchange Company from time to time. The number of Exchange Points or other criteria required to render a Member eligible to become a Premier Owner or Premier Plus Owner may be revised by Exchange Company from time to time and Exchange Company reserves the right to eliminate or add any ownership recognition levels or benefits and privileges as Exchange Company may determine in its sole discretion. In the event the minimum number of Exchange Points required to maintain Premier Owner or Premier Plus Owner eligibility is raised above the number of Exchange Points allocated to a Member’s Interests at any given time, the Member will be entitled to enjoy the benefits and privileges afforded to Premier Owners or Premier Plus Owners, as applicable, until the end of the calendar year following that in which the Member no longer meets the respective Premier Owner or Premier Plus Owner eligibility requirements. If the Member purchases Interests with sufficient Exchange Points to reestablish Premier Owner or Premier Plus Owner eligibility prior to the end of such calendar year, the Member shall maintain eligibility to be a Premier Owner or Premier Plus Owner, as applicable. In the event that the minimum number of Exchange Points required to maintain Premier Owner or Premier Plus Owner eligibility is greater than the number of Exchange Points allocated to a Member’s Interests due to the transfer of any of Member’s Interests, Member’s eligibility to enjoy the benefits and privileges afforded to Premier Owners and Premier Plus Owner shall not be extended for any period and shall be terminated on the first day of the month following the applicable transfer of the Member’s Interests. Any Exchange Points assigned to an Interest that is owned by more than one Member shall be included in calculating the number of Exchange Points attributed to each Member owning such Interest when determining whether such Members are eligible to become Premier Owners or Premier Plus Owners. Premier Owners and Premier Plus Owners may be assessed additional fees or charges for certain benefits and privileges granted to Premier Owners and Premier Plus Owners, as applicable, and as determined by Exchange Company from time to time. Exchange company reserves the right to deny Premier or Premier Plus status to any Owner or group of Owners which Exchange Company determines in Exchange Company’s sole discretion has structured its ownership in a manner to achieve such status by circumventing the intent of only recognizing Owners or groups of Owners who are joined by customarily recognized affinities.