App Form Terms & Conditions – IBV Wealth Club

IBV PRIVÉ

PRIVATE WEALTH CLUB

SECTION 1 – CLUB INTRODUCTION

CLUB NAME

1.1. The club’s name is “IBV Privé Private Wealth Club”.

CLUB PURPOSE

2.1. The Club is dedicated to delivering exceptional facilities and services that promote collaboration,

innovation, and enjoyment among its members.

DEFINITIONS AND INTERPRETATION

3.1. In these Rules, the following terms shall have the meanings set out below, unless the context

otherwise indicate:

3.1.1. Club	The IBV Privé Private Wealth Club, whose premises is situated at Park Square, 22 Centenary Boulevard, Umhlanga, KwaZulu-Natal, South Africa;
3.1.2. Commencement Date	The commencement date of Membership of the Member, as set out in the Membership Application Form or such other document by the Committee.
3.1.3. Membership Committee	The committee appointed by the Company to manage the IBV Privé Private Wealth Club;
3.1.4. Facilities	The Club’s facilities from time to time, which includes The Privé Lounge & Bar, The Banqueting Area, The Terrace, The Fine Dinning Restaurant, The Vault, The Concierge meeting rooms, or any other facility (as may be redesignated or redesigned by the Committee);
3.1.5 Membership Fee	the once-off joining fee payable by the Member to the Company, as determined by the discretion of the Committee;
3.1.6. Member	A person who is granted Membership by the Committee;
3.1.7. Membership	Membership of the IBV Privé Private Wealth Club;
3.1.8. Membership Application Form		The application form(s) to be completed and submitted by the Member to the Committee;
3.1.9. Membership Card		The unique physical and/or digital card issued by the Committee to a Member;
3.1.10. Membership Period	The period of 12 (twelve) months starting on the Commencement Date and each subsequent 12 (twelve) month period thereafter, subject to payment of the Membership Fee or, the period in which he/she/it holds such Membership;
3.1.11. Membership Categories 3.1.12. Parties	The categories of Membership as determined by the Committee from time to time; The parties refer to IBV Privé Private Wealth Club and the Member;
3.1.13. Principal Member	The Member who falls within one of the following Membership Categories;
3.1.14. Rules	these rules of Membership, access to the Club and use of the Facilities and the Services, which apply to all Members, guests and visitors, as may be amended at the discretion of the Committee from time to time;
3.1.15. Services	The facilities, services, benefits and products available to Members at the IBV Privé Private Wealth Club occasionally; and
3.1.16. Terms and Conditions	The terms and conditions of Membership, as may be amended.

3.2. Reference to months or years shall be construed as calendar months or years.

3.3. Unless specifically otherwise provided, any number of days prescribed shall be determined by excluding the first and including the last day or, where the last day falls on a day that is not a business day, the next succeeding Business Day.

3.4. In these Rules the headings are for ease of reference only and are not to be taken into account in their interpretation.

3.5. Any reference in these Rules to the singular includes the plural and vice versa; natural persons includes legal persons and vice versa; a gender includes the other genders.

DOMICILIUM AND NOTICES

4.1. The Parties choose the following physical addresses at which notices, documents or process in legal

proceedings in connection with this Agreement may be served (i.e., their domicilia citandi et executandi) and written notice in connection with this Agreement may be addressed:

4.1.1. For IBV Privé Private Wealth Club:

Physical address:

22 Centenary Boulevard,

Umhlanga

Durban, KwaZulu-Natal

4319

Contact number: (031) 536 6007

Email : infoprive@ibvglobal.com

4.1.2. For the Member:

Physical address: ________________________________________________

Contact number: ________________________________________________

Email: ________________________________________________

4.2. Any notice shall be deemed to have been duly given:

4.2.1. 10 Business Days after posting, if posted by registered post, to the Party’s physical address in terms of 4.1.2. On delivery, if delivered between 08h30 and 17h00 on a Business Day (or on the first business day after that if delivered outside such hours), if sent to the Party’s e-mail address or WhatsApp communication.

4.3. A Party may change its address or email for this purpose, by notice in writing to the other Party such change to be effective only on and with effect from the 7th business day after the giving of such notice.

AMENDMENTS AND ALTERATIONS TO THIS AGREEMENT

5.1. IBV Privé Private Wealth Club reserves the right to amend this Agreement and related Rules and

Regulations. Any amendments will take effect after 30 (thirty) days written notice to the Member. Continued use of membership benefits will constitute acceptance of such amendments

CONFIDENTIALITY

6.1. The Member hereby agrees to keep confidential any proprietary or privileged information shared by

IBV Privé Private Wealth Club during the membership term. This includes but is not limited to pricing details, exclusive offers, and partnerships.

DATA PROTECTION

7.1. To comply with the Data and Protection laws of South Africa and the European General Data Protection Regulation 2016/679, the Member hereby consents to IBV Privé Private Wealth Club collecting and sharing Personal Information from the Member and where lawful and reasonable, from public sources for credit, fraud and compliance purposes as well as the purposes set out below.

7.2. Should the Member provide IBV Privé Private Wealth Club with Personal Information about or on behalf of another person (including, but not limited to, account signatories, shareholders, principal executive officers, trustees and beneficiaries), the Member confirms that they are authorised to:

(a) give IBV Privé Private Wealth Club the Personal Information;

(b) consent on their behalf to the Processing of their Personal Information, specifically any cross-border

transfer of Personal Information into and outside the country where the products or services are provided; and

7.3. The Member consents to IBV Privé Private Wealth Club Processing their Personal Information:

7.3.1. to provide products and services to you in terms of these Terms and any other products and services

for which you may apply on telephone, email and/or WhatsApp platforms;

7.3.2. to carry out statistical and other analyses to identify potential markets and trends, evaluate and

improve our business (this includes improving existing and developing new products and services);

7.3.3. in countries outside the country where the products or services are provided. These countries may

not have the same data protection laws as the country where the products or services are provided. Where we can, we will ask the receiving party to agree to our privacy policies;

7.3.4. by sharing the Members Personal Information with our third-party service providers and insurers,

locally and outside the country where the products or services are provided. We ask individuals and/ or juristic entities who provide services to us, including our insurers, to agree to our privacy policies if they need access to any Personal Information to carry out their obligations;

MEMBER ACKNOWLEDGMENT

8.1. All Members, guests and invitees accessing the Club, making use of the facilities and services, will

be bound by these Terms and Conditions and Rules.

SECTION 2 – MEMBERSHIP

MEMBERSHIP OVERVIEW

9.1. The Member applies for membership in the IBV Prive Private Wealth Club, and the Club agrees to grant membership subject to the terms and conditions outlined below.

9.2. The Member agrees to be bound by the provisions of this Agreement as well as the Membership terms and conditions set by IBV Privé Private Wealth Club, subject to change, this information may be updated periodically as necessary.

9.3. Current rates of subscription for each of the categories of the Members shall be available on the Club’s website for inspection.

SUBSCRIPTION OF MEMBERSHIP

10.1. The Member hereby applies for membership to the IBV Privé Private Wealth Club (hereinafter

referred to as “the membership”).

10.2. The membership will become effective upon the signing of this Agreement by all parties and the payment of the membership fee as determined in clause 11 below. Membership will continue indefinitely unless terminated in accordance with clause 13.

MEMBERSHIP FEES AND PAYMENT

11.1. The Member shall be liable for such membership fees as may be applicable from time to time for the membership and category of membership specified in the agreement schedule.

11.2. The Member shall be liable for the payment of membership fees as follows (“Membership fees”):

11.2.1. Payment of a non-refundable annual membership fee upon signature of this agreement at

the prevailing rate on or before the due date each year.

11.2.2. The membership fee is subject to change at the discretion of IBV Privé Private Wealth Club

with 60 (sixty) days’ written notice to the Member.

11.2.3. Payments may be made via credit card, EFT, debit order.

11.2.4. By selection of the debit order option, the member authorises IBV Privé Private Wealth Club

to debit the member’s account on a recurring basis. In the event of an unsuccessful debit, the member grants IBV Privé Private Wealth Club authority to debit the members credit card account for the outstanding amount.

11.2.5. The member by accepting the debit order option confirms that they have read and

understood clause 11.2.4.

11.3. Late Payment and Default:

11.3.1. IBV Privé Private Wealth Club reserves the right at its sole discretion to suspend and/or terminate the Member’s privileges if any payments are not received by the due date until all outstanding amounts, including any applicable penalties, are paid in full.

11.3.2. In the event of default, IBV Prive Private Wealth Club reserves the right to take legal action to recover all outstanding amounts. The Member will be responsible for all associated costs incurred in debt recovery, including but not limited to legal fees on the attorney and own client scale; collection charges; and interest at the prevailing rate

TERMS OF MEMBERSHIP

12.1. The membership is valid for a period of 1 year or 2 years, depending on the selected membership

rate, beginning from the Commencement Date stipulated above. The Membership will automatically renew unless either party provides a written notice of termination 30 (thirty) days prior to the renewal date.

12.2. Upon termination, the Principal Keyholder must attend and complete the cancellation process

personally, at the Vault and sign a termination letter

12.3. In the event the Member holds a safety deposit box, the keys of the safety deposit box held in possession of the member must be returned to IBV Privé Private Club. In the event that the Member had misplaced one or both keys, a lost key fee, at the prevailing rate, is to be paid by the member to IBV Privé Private Wealth Club.

TERMINATION OF MEMBERSHIP

13.1. Termination by the Member:

13.1.1. The Member may terminate his/her/its membership by providing IBV Privé Private Wealth Club

with a minimum of 30 days prior written notice before the expiry of the membership period.

13.1.2. In the event that the member holds a safety deposit box which does not fall under the complimentary description, a termination penalty equivalent to 6 (six) months’ rental will apply. If fewer than 6 (six) months remain, the penalty will be the full rental amount for the remaining months.

13.1.3. The Client may authorize an additional Keyholder or authorized party to terminate this Agreement providing IBV Privé Private Wealth Club with an acceptable authorization specifically authorizing such termination. IBV Privé Private Wealth Club is not liable for any damage or loss suffered by the Client if IBV Privé Private Wealth Club acts on instructions given to it by the grantee of a power of attorney signed by the Client in circumstance where the power of attorney may have been revoked or has terminated, but the Client has failed to inform IBV Privé Private Wealth Club in writing of such revocation or termination.

13.1.4. This Agreement may only be terminated as provided for in this clause if:

13.1.4.1. The Principal Keyholder attends and completes the cancellation process in person at the Vault and signs a termination letter;

13.1.4.2. Returns two keys, inner case keys and access cards (if applicable) to IBV Privé Private Wealth Club;

13.1.4.3. The member makes payment of all arrears and other costs due to IBV Privé Private Wealth Club, including the termination penalty provided for in clause 5.1.2, up to and including the date of termination.

13.1.4.4. The member makes payment for replacement keys in the event the member has lost the safety deposit keys.

13.2. Termination by IBV Privé Private Wealth Club:

13.2.1. IBV Privé Private Wealth Club reserves the right to terminate this membership at its sole discretion in the event :-

13.2.1.1 The Member fails to pay any Membership fee or any other amount payable by the Member to the IBV Privé Private Wealth Club on the due date; or

13.2.1.2. The Member commits any other breach of this agreement (including the membership rules and regulations) and fails to remedy such breach within 5 business days after the IBV Wealth Club has given written Notice to the Member requiring the Member to remedy the breach; or

13.2.1.3. If the Member and/or a guest of the Member breaches any provision of this Agreement

(including the Membership Rules and Regulations) three or more times within a one-month period, or if the Member repeatedly violates this Agreement in a manner which indicates an inability or unwillingness to comply with the Club terms; or

13.2.1.4. the Member is provisionally or finally sequestrated or liquidated or placed under judicial management.

13.2.2. Should an Event Default occur, the IBV Privé Private Wealth Club shall be entitled but not obliged to in addition to any other rights it may have or remedies which may be available to it:

13.2.2.1. Obtain an order against the defaulting party for specific performance, with or without claiming damages; or

13.2.2.2. Claim such damages as it may have suffered in lieu of specific performance, together with all amounts owing under, or in terms of this Agreement, whether such amounts have become due for payment.

RULES FOR USE OF MEMBERSHIP

14.1. Non-Transferability of Membership:

The Membership is strictly non-transferable and is intended for the named Member and Partner Member only

14.2. Membership Benefits:

The Member shall have access to services and benefits, subject to availability and discretion of IBV Wealth Club and the selected Membership category.

14.3. Access to Events and Services:

Membership benefits such as invitations to events, services, and special offers are subject to availability.

14.4. IBV Wealth Club reserves the right to change, modify, or discontinue any of its benefits without prior notice to the Member.

CODE OF CONDUCT

15.1. Every Member and Guest(s) of the Member must:

15.1.1. Uphold the reputation of IBV Privé Private Wealth Club and maintain high standards of integrity, professionalism, and decorum whilst on the premises of IBV Privé Private Wealth Club and /or at Events hosted by IBV Privé Private Wealth Club.

15.1.2. Conduct themselves professionally and courteously during events or when interacting with other members or service providers of IBV Privé Private Wealth Club.

15.1.3. Refrain from conducting themselves in a manner prohibited by IBV Privé Private Wealth Club, including but not limited to, behaviour such as:

15.1.3.1. Any form of harassment, discrimination, or abuse;
15.1.3.2. Misuse of membership privileges;
15.1.3.3. Engaging in any illegal or unethical conduct;

15.1.3.4. Damage to property of IBV Privé Private Wealth Club, its premises

and/or damage to another members property.

15.1.4. All members are responsible for the conduct of their guests.

15.1.5. Any violation of the Code of Conduct by a Member may result in immediate suspension or termination of membership at the discretion of IBV Privé Private Wealth Club.

15.2. Members are wholly responsible and liable for the conduct and behavior of, and any and all costs

and expenses incurred by, their guests.

15.3. Each time, upon arrival to the club, Members must present their membership card and sign in at the front desk and must legibly include the name/s of their guest/s. Should the member not have their membership card, the Club may charge a reasonable fee for a replacement membership card

CLUB RULES AND BY-LAWS

16.1. The Rules and By-law s of the IBV Privé Private Wealth Club are stipulated in Section 4 of this document.

16.2. A Principal Member must ensure that his/her/its Spouse Member, Family Member, Designated Member, and their respective guests abide by these Rules and any contravention of these Rules by such persons will be deemed to be a contravention by the Principal Member.

SECTION 3 – LIMITATION AND LIABILITY

LIMITATION OF LIABILITY AND INDEMNITY

17.1. The IBV Privé Private Wealth Club, its affiliates, directors, owners, employees, instructors, or agents (together referred to as the “related parties”) shall not be liable for any property damage or personal injury /theft suffered by the Member and/or his/her guests during the use of the IBV Privé Private Wealth Club and/or its services and facilities due to any cause whatsoever (including negligence on the part of the IBV Privé Private Wealth Club and/or any of the related parties) and any failure by the IBV Privé Private Wealth Club and/or any of the related parties to safeguard or protect the Member and/or his/her guests from the risks, dangers and hazards of using of the facilities and services of the IBV Privé Private Wealth Club and/or its facilities (including for property damage, loss, theft of personal property, personal injury or death) and in this regard the Member hereby waives any and all claims he/she may have against the IBV Privé Private Wealth Club.

17.2. The Member agrees to indemnify and hold harmless IBV Privé Private Wealth Club, together with its affiliates, directors, employees and agents from any claims, damages, losses, liabilities, or expenses arising from the Member’s use of the Club facilities. IBV Privé Private Wealth Club will not be held liable for any injury, death, loss or damage incurred by the Member or his/her guests, except in cases of gross negligence or willful misconduct

GOVERNING LAW

18.1. This Agreement is governed and construed in accordance with the laws of the Republic of South

Africa. Any dispute arising in connection with this Agreement shall be subject to the exclusive jurisdiction of South African Court.

SECTION 4 CLUB RULES AND BY-LAWS

OUR OBJECT

As a member of the IBV Privé Private Wealth Club (the “Club”) you are entitled to various exciting benefits and promotions, as advised by us in writing from time to time.

These Club Rules & Regulations (“Rules and Regulations”) are intended to be a guide to the use and enjoyment of the Club Facilities. They are not intended to address all conceivable issues that may be presented for governance. The Club reserves the right to amend these Rules and Regulations from time to time.

CLUB RULES

1. MEMBERSHIP COMMITTEE

1.1. A committee of Members (the “Membership Committee”) may be appointed by the Executive Committee to make recommendations to the Executive Committee regarding who should be admitted as a member.

1.2. Membership of the Membership Committee is granted at the absolute discretion of the Executive Committee and may be terminated and/or suspended at any time by the Executive Committee.

MEMBERSHIP

2.1. Members shall consist of Silver Members, Gold Members and Privé Members.

2.2. Every candidate for membership must be at least 18 years of age.

2.3. The Company may from time to time add additional categories of membership or amend the conditions attached to each category of membership. Any such addition or amendment shall be posted on the Club’s website for at least 14 days prior to its implementation.

2.4. If the criteria governing the membership category of a Member are no longer applicable to the Member, they shall notify the Membership Committee forthwith so that, subject to prior approval, an appropriate change of category can be made and at their next renewal date following any such change, they shall become liable to pay the subscription rate applicable to such new category.

2.5. Each Member, whatever their category, shall confirm and declare their primary residential and business address.

3. PROCEDURE FOR APPROVAL AND ELECTION OF MEMBERS

3.1. The name and particulars of every candidate applying for membership shall be entered on a form provided by the Membership Committee. A candidate shall supply a photograph (for identification and security purposes only) and such further information concerning themselves and their candidature as the Membership Committee may reasonably request.

3.2. The election of Members shall be by the unanimous decision of the Membership Committee.

3.3. No reason shall be given to any candidate in the event of their non-election.

3.4. The Membership Committee shall make available to the candidate a copy of these Rules and any Byelaws and shall request the candidate to deliver to the Membership Committee the current annual subscription at the rate appropriate to the category of Membership.

3.5. Access to the Club will not be permitted until the relevant profile is assessed and approved and the annual subscription fee has been settled in full and the Membership Committee have confirmed receipt of this payment and issued the Membership card.

RENEWALS

4.1. Renewal dates or annual subscriptions are set on the first day of the month of election as a member

and recur annually, unless the Company determines otherwise.

4.2. Membership Renewals are not automatic and are reviewed annually by the Membership Committee,

The Membership Committee’s decision is final and may not be appealed. The reason for terminating or not renewing a membership will not be given. However, the Company will inform the Member of the date that they will become eligible for reconsideration as a candidate. Any refund of the annual subscription fee is at the discretion of the Club.

4.3. Members will be given one month’s notice prior to their annual renewal date. For those Members

who have opted to store their payment details securely in our payment processing platform, the annual subscription will be charged automatically on the date of renewal. If the subscription is not settled by the renewal date, 14 days’ grace period will be given. Following this, the Member will be considered overdue and Club access will not be granted. If the subscription is not settled within the next 14 days, the Company will reserve the right to suspend and/or terminate the Member’s membership and during this time, the Club has the right to deny access until those fees are paid in full. The settlement will be backdated to the original renewal date. The current published annual subscription rate will apply to any future membership applications made by the Member.

4.4. If a member has been charged automatically for their renewal but wishes to resign their

Membership they have 14 days to inform the Membership Office in writing and they are entitled to a refund of the annual subscription, as long as they have not used the Club during this 14 day period.

4.5. Should a Membership be terminated for non-payment and the Member wants to reactive their

Membership within one year from termination, they may do so by paying the backdated amount to their original renewal date at the current rate of their original Membership tier. Should a Membership be terminated for non- payment and the Member wants to reactive their Membership after one year from termination, they may do so but at the current rate and may need to resubmit an application.

MEMBERS’ ADDRESSES

5.1. Every Member shall promptly inform the Membership Committee of any change of their address,

email, or other contact details.

5.2. A Member must honestly declare the residential address at which they formally reside and the

business address at which they work for the majority of the year.

MEMBER ADMISSION

6.1. Members, and guests (provided they are invited in accordance with the By-laws), will be admitted to

the Members’ areas of the Club during normal hours of admission.

6.2. Each time, upon arrival to the Club, Members must present their membership card and sign in at the

front desk and must legibly include the name/s of their guest/s. The Club may charge a member if a replacement membership card is required.

6.3. No person under the age of 18 will be admitted to the club without the prior written permission of

the Club manager on duty, other than on a Saturday or Sunday or public holidays between 8h00 and 18h00 when accompanied by a full member (who must be their parent or guardian).

6.4. Members must accompany guests introduced by them during the period of their stay in the Club.

Members may not be separated from their guests within the Club or allow their guests to remain on the premises in the absence of the host Member. Members are responsible for the conduct of their guests and must ensure guests abide by the Rules, the Byelaws, and the Privacy Policy (as amended from time to time).

6.5. The Membership Committee may determine that on certain days Members may not be admitted to

the Club or any part thereof, or to provide for the closure of the Club on public holidays, for private hire or for any reason at the absolute discretion of the Club which justifies temporary closure. The Membership Committee shall, if practicable, notify Members in advance by e-mail of any temporary closure of the Club.

6.6. The Membership Committee or Manager of duty may refuse admission to the Club to any person in

their absolute discretion and without giving any reason.

DISCIPLINE OF & EXPULSION OF MEMBERS

7.1. A Member may resign their membership at any time by letter or email delivered to the Membership

Committee at the Club address or email address as shown on the Club’s website.

7.2. The Membership Committee may expel any Member or guest for breach of the Rules and/or Byelaws

at any time.

7.3. A Member’s membership, and/or admission to the Club’s premises, may be suspended or terminated

at any time, either indefinitely or for a set period of time by the Company in the event that the Company considers that the conduct, reputation or character of the Member or the Member’s guests, is or might be injurious to the character, reputation or interests of the Club or the Company, or render that Member unfit to associate with other Members, or for any other reason at the Company’s absolute discretion. Before a member is expelled, the alleged offender’s conduct may, at the absolute discretion of the Company be inquired into and, if requested by the Club or Company, the person involved may be required to send a written statement of events to the Membership Committee and to justify or explain their behavior. During such period of investigation, the Club may temporarily suspend the Member’s membership. The Company has authorised each and any of the Club’s Manager and Membership Committee to exercise its power of suspension or termination pursuant to this Rule.

7.4. Having inquired into the events, if the Company or Membership Committee is of the sole opinion in

its absolute discretion that the Member is, or is suspected to be, guilty of such conduct / or has failed to justify or explain this conduct or behaviour satisfactorily, it may either expel or suspend the offender at its absolute discretion from all Clubs covered by the Member’s membership. The Member shall be disbarred from the Club while so suspended from membership.

7.5. Nothing in these Rules or Byelaws shall prevent the Company or Membership Committee from

requesting a Member to resign and if such a request is complied with, within 14 days, no resolution of expulsion shall be proposed.

7.6. An expelled or suspended Member, or a member that is requested to resign, may not return to the

Club as a guest.

7.7. A Member expelled from the Club forfeits all the privileges of membership without any entitlement

to a claim for any refund of the member assessment fee. The Company will refund the proportion of the subscription fee received for the current year as reflects the unused part of the year after termination.

7.8. In all matters of Club discipline, the decision of the Committee and/or Company is final.

7.9. Notwithstanding any other provision of these Rules, neither a court order nor an arbitration award

shall be required to affect a termination of a Member’s membership in accordance with these Rules.

CONDUCT OF MEMBERS

8.1. Members and their guests shall, at all times, comply with all local laws, regulations, rules and customary practice relevant to the Club and South Africa.

8.1.1. Members and their guests must, at all times, treat all other Members and guests with the utmost respect and shall not carry out any act or behavior which may cause any disrepute to another Member, guest, the Club, and the Company.

8.2. Members and their guests are required to be attired in a clean and tidy manner when in the Club,

adhering to the dress code set out on the Club’s website.

8.3. No drunkenness, bad language, violent or abusive behaviour, or other misconduct is permitted on

the club premises.

8.4. All Members shall, before leaving the Club premises, on each visit pay in full all charges incurred by

them and/or their guests whether in respect of food, beverages, or any other matter.

8.5. No Member or guest shall use the name or address, or colours, trademarks, photographs, trade

dress, logo or other intellectual property or identifying feature(s) of the Club (the “Club Marks”) in any (including but not limited to): advertisement, marketing material, invitation, prospectus, or letter heading for business purposes save, with the prior written approval of the Membership Comittee as to the specific use.

8.6. Each Member and its guests hereby expressly recognise that the Club Marks are the valid, unique,

and exclusive property of the Club and the Company.

8.7. No Member shall use the name or address of the Club in any correspondence or article which is

intended for publication without the prior written approval of the Membership Committee.

8.8. No Member shall remove or damage or destroy any picture, item of furniture or other article

(including without limitation: books, magazines, and newspapers) being the property of the Company or Club.

8.9. In the event a Member or guest of a Member causes damage to or destruction of any such property,

then such Member shall be fully responsible for making good all loss suffered by the Club or Company as a result of such damage or destruction.

CONDUCT OF GUESTS

9.1. Members introducing guests are wholly responsible for the conduct of such guests. Members must

ensure that their guests are made aware of and abide by the Rules, the Byelaws, and the Privacy Notice (as amended from time to time). Members can face suspension and/or termination of membership if their guests violate the Rules, the Byelaws and/or the Privacy Notice.

9.2. A Member introducing guests will be responsible for ensuring full and prompt payment of the cost

of all items consumed, ordered and/or used by their guests.

9.3. Guests may not remain in the Club once the host Member has left the Club premises.

MEMBERS’ PROPERTY

10.1. Property entrusted by a Member or their guest(s) to a member of Club staff for safe custody or for

any other purpose, or left on the Club’s premises, shall be entirely at the Member’s/guest’s (as appropriate) own risk, and neither the Company nor the Club nor any employees of the Club or the Company (when acting in the course of their employment) shall be liable for any loss of, or damage to, such property or for any consequential loss or damage of any description.

COMPLAINTS

11.1. Membership Correspondence Complaints or suggestions concerning the management, service or operation of the Club Facilities should be in writing, signed by the Member or Designee, and addressed to the General Manager of the Club. Errors in billing charges should be first directed to the appropriate department providing the service and subsequently directed to the attention of the Accounting Department at the Club.

11.2. A Member shall not personally reprimand a member of Club staff or any other Member or guest.

EXHIBITIONS & CLUB EVENTS

12.1. On the occasion of any organised exhibition or event, exhibitors, persons accompanying them, and

persons invited by the Company or the Club are entitled to the privileges of membership for the occasion, provided that: no one admitted to the Club by virtue of this Rule may take part in the management of the Club or introduce guests; persons admitted to the Club under this Rule are subject to the same Rules and Byelaws as the Members; and the exhibition/event must be sanctioned by the Company or the Secretary.

ALTERATION OF RULES AND BYE-LAWS

13.1. These Rules may be revoked, supplemented, or altered by the Company at any time provided that

Members are given 14 days’ notice of any such revocation, supplementation or alteration of these Rules.

13.2. These Byelaws may be revoked, supplemented, or altered by the Company at any time with

immediate effect.

DISPUTES

14.1. Any dispute which may arise as to the meaning or interpretation of these rules and the byelaws or

as to the powers of the officers or employees of the company and/or the committee shall be determined by the Club and Membership Committee, whose decision is final and binding on all members.

BY-LAWS AND BINDING EFFECT

15.1. The Company may make By-laws for the regulation and management of the Club (“By-laws”) and

may amend or revoke any By-laws so made at any time; but no By-law shall be inconsistent with these Rules. In the event of any ambiguity or conflict arising between the terms of these Rules and the By-laws, the terms of these Rules shall prevail.

15.2. Every Member shall be bound by these Rules and any Byelaws, and every Member shall ensure that

all guests permitted to attend the Club in accordance with these Rules and/or Byelaws shall comply with these Rules and any Byelaws.

BY-LAWS

Members and Designees, their Extended Family and Guests, shall abide by these Rules and Regulations as they may be amended from time to time.
The Club Facilities shall be open on the days and during the hours as may be established by the Club. Areas of the Club Facilities may also be closed from time to time for maintenance and repairs and/or for special events.
Performance by entertainers will be permitted on or about the Club Facilities only with the prior written approval of the Club.
All table reservations must be made through the reception of the Club or by telephone/email to the reservation’s office.
All bookings and cancellations for Club events, private parties and business events must be made through the reservation’s office.
Members and Designees may hire the Club facilities for banquets and private parties, subject to availability and pricing, provided such use does not interfere with the normal operation of the Club or with the services regularly available to the Members and Designees. Groups of ten or more people desiring to use the Fine dining Lounge/banquet area must obtain prior approval of the Club. Reservations for banquets should be made at least three weeks in advance. Banquet pricing will differ upon number of guests and A non-refundable deposit may be required for a banquet reservation.
The Member sponsoring the function shall assume full responsibility for the conduct of guests and the placement and removal of any décor. The Member of the function shall be responsible for any damage to the Club Facilities and for the payment of any charges not paid by individuals attending the private function.
Special events and outside functions may be scheduled from time to time in the sole discretion of the Club.
Members spouses have automatic membership at the Club, but subject to the main member being present at the Club.
Each member may bring 3 additional guests, inclusive of their spouse, to the Clubs Facilities and events. This is subject on approval by the Club.
Alcoholic beverages will not be served or sold, nor permitted to be consumed, on or about the Club Facilities in any manner prohibited by South African Law. The Club reserves the right to refuse service to anyone. The Club is strictly no corkage.
All food and beverage consumed on the Club Facilities must be furnished by the Club, unless otherwise approved by the Club.
Employees are not permitted to deliver food or alcoholic beverage to locations away from the immediate area of the IBV Prive Lounge and Restaurant or other designated areas of the Club Facilities, unless otherwise approved by the Club.
Commercial advertisements shall not be posted or circulated on or about the Club Facilities nor shall solicitations of any kind be made on or about the Club Facilities or upon the Club’s stationary without the prior written approval of the Club. Other than as permitted in writing by the Club.
The Club Facilities shall not be used for functions or fundraising efforts for the benefit of a political cause, except as approved in writing by the Club.
The Club Facilities shall not be used in connection with organized religious services or other activities, except as may be approved in writing by the Club.
Members and Designees, their Extended Family and Guests, shall not request special personal services from employees of the Club or use of the Club’s furnishings or equipment for personal purposes. No person will remove from the room in which it is placed by the Club or from the Club Facilities any property or furniture belonging to the Club without written authorization by the Club.
Dogs or other pets (with the exception of those designated as service animals) are not permitted on or about the Club Facilities, except with the written permission of the Club. Where dogs are permitted on the grounds, they MUST be on a leash at all times. Members and Designees are responsible for any damage caused by any animal owned by or under the control of the Member or Designee or owned by or under the control of the Immediate Family, Extended Family or Guests of the Member or Designee.
Members and their guests must be appropriately attired at all times. The Club will not allow access to Members with the attire of slops, sandals, shorts and/or tracksuits.
Members and their guests must be in smart casual attire between the hours of 17h00 to 22h00 at the Club and Events.
All complaints, criticisms or suggestions of any kind relating to any of the operations of the Club Facilities or its employees must be in writing, signed and addressed to the General Manager.
Members and Designees, their Immediate Family, Extended Family and Guests, may not abuse any of the Club’s employees, verbally or otherwise. All service employees of the Club are under the direct supervision of the Club and no Member or Designee, their Immediate Family, Extended Family or Guests, shall reprimand or discipline any employees, nor shall any Member or Designee, their Immediate Family, Extended Family or Guests, request any employee to leave the Club Facilities for any reason. Any employee not rendering courteous and prompt service should be reported to the Club’s General Manager immediately.
Self-parking is permitted in areas identified as such. “Accessible Parking,” “No Parking,” “HOV,” “EV” and “Valet Parking Only” signs must be observed. Violators may be towed at the Club Owner’s expense.
The Club is a non-smoking environment. Smoking may only permitted in designated outdoor areas. Certain outdoor areas of the Club may permit cigar smoking based on specific event attendance and set-up.
No fireworks are permitted anywhere on or about the Club Facilities or adjacent areas unless part of a fireworks exhibit organized and conducted by the Club.
Firearms and all other weapons of any kind are not permitted on or about the Club Facilities at any time. The Club provides a facility for safe storage of firearms. All Personal Security Officers or guards are to remain in a designated general parking area of the premises.
The Club shall have the right to prohibit any games, sports or other activities that may, in the determination of the Club, be considered harmful to the interests of the general membership and/or the Club.
Use of the Club Facilities may be restricted or reserved from time to time by the Club.
Violation of any of these Rules and Regulations will subject the person in violation (or in the case of the Immediate Family, Extended Family or Guests of the applicable Member or Designee), to disciplinary action by the Club. Such action may include suspension of Membership Privileges and/or termination of the Membership.
The personnel of the Club will have full authority to enforce these Rules & Regulations and any infractions will be reported to the Club.
Subject to availability, Safety Deposit Boxes in the clubhouse may be rented by Members and Designees on a periodic basis, unless otherwise determined by the Club. The Safety Deposit Boxes, if available, are obtained by arrangement with the Club and are billed on the Member’s or Designee’s statement.
The Club may issue a Membership Card to each Member and Designee and each Member’s and Designee’s Immediate Family and Extended Family who are eligible for Membership Privileges. Membership Cards will include the Member’s or Designee’s name, club account number and category of Membership. Membership Cards are valid for use only upon full and timely payment of all dues, fees, charges and other amounts incurred. Membership Cards will not be issued to children of a Member or Designee who are under the age of 18 are not eligible to use the Club Facilities. Members and Designees and their respective Immediate Family and Extended Family must have their Membership Cards with them at all times while using the Club Facilities.
In the event of a lost or stolen Membership Card, the Club must be notified immediately. In the event the Membership Card is lost or stolen, the Member’s or Designee’s existing Club account will be canceled, and the Club will issue a new Membership Card number and open a new Club account. Until notification of the Membership loss or theft is received in writing by the Club, the Member or Designee will be responsible for all charges incurred on the account. A Membership Card replacement fee as determined by the Club may be charged for lost or stolen Membership Cards or in any situation where the Club account number is changed.
All persons access the Club and its Facilities entirely at their own risk.
Each Member and Designee hereby agrees to indemnify, defend and hold harmless the Club and any management firm retained to operate and manage the Club Facilities on a day-to-day basis, and each of their respective members, managers, directors, officers, partners, shareholders, employees, agents, attorneys, successors and assigns, at all levels (“Indemnified Parties”), from and against any and all liabilities, costs (including reasonable attorney’s fees), judgments and damages, arising out of and/or related to all claims, demands and causes of action incident to or arising out of acts or omissions of such Member or Designee, or their respective Immediate Family, Extended Family and Guests. Each Member and Designee hereby voluntarily assumes all risks of accident or damage to such Member’s or Designee’s person or property, and the person or property of their respective Immediate Family, Extended Family and Guests, arising out of or relating to the use or occupancy of the Club Facilities and/or participating in any event or activity held by the Club either on or off the Club Facilities, by such Member or Designee, and their respective Immediate Family, Extended Family and Guests. The Club shall not be responsible or liable for any property damage, personal injury and/or theft caused by any Member or Designee or by the Immediate Family, Extended Family and/or Guests of any Member or Designee and/or caused to any Member or Designee or to the Immediate Family, Extended Family and/or Guests of any Member or Designee.

SECTION 5 FACILITIES

The IBV Privé Private Wealth Club offers the following facilities:

1. The Privé Lounge and Bar

• Operating Hours: 09h00am -22h00pm -Tuesday to Saturday / 09h00am – 17h00pm – Sunday to Monday .

• The Lounge may be reserved for exclusive private events.

• Occupancy: 1-40 people

• Reservation and menu enquiries: email: privelounge@ibvglobal.com / Tel: 031 880 0292

1. The Terrace

• Operating Hours: 09h00am -22h00pm -Tuesday to Saturday / 09h00am – 17h00pm – Sunday to Monday .

• The Terrace is located outside and may be hired for exclusive private events.

• Occupancy: 1-15 people

• Reservation and pricing enquiries: email/telephone

1. Banqueting Room

• Operating Hours: 09h00am -22h00pm -Tuesday to Saturday / 09h00am – 17h00pm – Sunday to Monday

• The Banqueting Room is available to be hired for exclusive private events.

• Occupancy: 10-60 people

• Reservation and pricing enquiries: privelounge@ibvglobal.com / Tel: 031 880 0292

1. Fine Dining Room

• Operating Hours: 09h00am -22h00pm -Tuesday to Saturday / 09h00am – 17h00pm – Sunday to Monday

• The Fine Dining Room may be hired for exclusive private events.

• Occupancy 1-40 people

• Reservation and pricing enquiries: privelounge@ibvglobal.com / Tel: 031 880 0292

1. Concierge Large Boardroom

• Operating Hours: 09h00am -22h00pm -Tuesday to Saturday / 09h00am – 17h00pm – Sunday to Monday

• May be hired for exclusive meetings/workspace.

• Occupancy: 1-10 people

• Reservation and pricing enquiries: privelounge@ibvglobal.com / Tel: 031 880 0292

1. Concierge Medium Boardroom

• Operating Hours: 8h00 to 17h00 daily.

• May be hired for exclusive meetings or a workspace.

• Area accommodation: 1-5 people

• Reservation and pricing enquiries: privelounge@ibvglobal.com / Tel: 031 880 0292

1. Vault Large Boardroom

• May only be reserved by keyholders / corporate partners

• Area accommodation: 1-6 people

Reservation and pricing enquiries: privelounge@ibvglobal.com / Tel: 031 880 0292

1. Vault Medium Boardroom

• May only be reserved by keyholders / corporate partners

• Area accommodation: 1-5 people

• Reservation and pricing enquiries: privelounge@ibvglobal.com / Tel: 031 880 0292