JOINDER AGREEMENT
This JOINDER AGREEMENT, dated as of March 21, 2014, 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 from time to time, 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.
By executing and delivering this Joinder Agreement, each of the undersigned, as
provided in Section 8.6 of the Guaranty and Security Agreement, hereby become
party to the Guaranty and Security Agreement as a Grantor thereunder with the
same force and effect as if originally named as a Grantor therein and, without
limiting the generality of the foregoing, as collateral security for the prompt
and complete payment and performance when due (whether at stated maturity, by
acceleration or otherwise) of the respective Secured Obligations of each of the
undersigned, hereby mortgages, pledges and hypothecates to the Administrative
Agent for the benefit of the Secured Parties, and grants to the Administrative
Agent for the benefit of the Secured Parties a lien on and security interest in,
all of their rights, titles and interests in, to and under their respective
Collateral, and expressly assume all obligations and liabilities of a Grantor
thereunder. The undersigned hereby agree to be bound as a Grantor for the
purposes of the Guaranty and Security Agreement.
The information set forth in Annex A is hereby added to the information set
forth in Schedules 1 through 6 to the Guaranty and Security Agreement. By
acknowledging and agreeing to this Joinder Agreement, the undersigned hereby
agree that this Joinder Agreement may be attached to the Guaranty and Security
Agreement and that the Pledged Collateral listed on Annex A to this Joinder
Amendment shall be and become part of the Collateral referred to in the Guaranty
and Security Agreement and shall secure all Secured Obligations of the
undersigned.
Each of the undersigned hereby represent and warrant that each of the
representations and warranties contained in Article IV of the Guaranty and
Security Agreement applicable to it is true and correct on and as the date
hereof as if made on and as of such date.
[SIGNATURE PAGES FOLLOW]

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IN WITNESS WHEREOF, the undersigned have caused this Joinder Agreement to be
duly executed and delivered as of the date first above written.
CLUBCORP NV VI, LLC,
a Nevada limited liability company

By: /s/ Curtis D. McClellan        
Name: Curtis D. McClellan
Title: Treasurer
CLUBCORP NV VII, LLC,
a Nevada limited liability company

By: /s/ Curtis D. McClellan        
Name: Curtis D. McClellan
Title: Treasurer
CLUBCORP NV VIII, LLC,
a Nevada limited liability company

By: /s/ Curtis D. McClellan        
Name: Curtis D. McClellan
Title: Treasurer
CLUBCORP NV IX, LLC,
a Nevada limited liability company

By: /s/ Curtis D. McClellan        
Name: Curtis D. McClellan
Title: Treasurer
CLUBCORP NV X, LLC,
a Nevada limited liability company

By: /s/ Curtis D. McClellan        
Name: Curtis D. McClellan
Title: Treasurer

[SIGNATURE PAGE TO JOINDER AGREEMENT (2014 CLUBCORP)]

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ACKNOWLEDGED AND AGREED
as of the date first above written:
CITICORP NORTH AMERICA, INC.
as Administrative Agent
By:
/s/ Michael Chlopak    
Name: Michael Chlopak
Title: Vice President

[SIGNATURE PAGE TO JOINDER AGREEMENT (2014 CLUBCORP)]

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ANNEX A

Supplement to Schedules 1-6
of the Guaranty and Security Agreement

[See the attached]

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SCHEDULE 1

COMMERCIAL TORT CLAIMS

NONE

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SCHEDULE 2

FILINGS

A UCC 1 financing statement in a form satisfactory to the Administrative Agent
will be filed with the filing office as listed in this Schedule 2 against each
Grantor in their jurisdiction of organization.

State
Filing Office
Applicable Grantors
Nevada
Secretary of State
ClubCorp NV VI, LLC
ClubCorp NV VII, LLC
ClubCorp NV VIII, LLC
ClubCorp NV IX, LLC
ClubCorp NV X, LLC

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SCHEDULE 3

JURISDICTION OF ORGANIZATION; CHIEF EXECUTIVE OFFICE

LEGAL ENTITY NAME
Jurisdiction of Formation and Type of Entity
Organizational Identification Number
Chief Executive Office or Sole Place of Business
Additional Jurisdictions where Qualified to do business
ClubCorp NV VI, LLC
a Nevada limited liability company
E0088172014-3
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
NA
ClubCorp NV VII, LLC
a Nevada limited liability company
E0088212014-9
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
NA
ClubCorp NV VIII, LLC
a Nevada limited liability company
E0088482014-0
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
NA
ClubCorp NV IX, LLC
a Nevada limited liability company
E0088522014-6
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
NA
ClubCorp NV X, LLC
a Nevada limited liability company
E0088562014-0
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
NA

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SCHEDULE 4

LOCATION OF INVENTORY AND EQUIPMENT

GRANTOR
LOCATIONS
ClubCorp NV VI, LLC
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
ClubCorp NV VII, LLC
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
ClubCorp NV VIII, LLC
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
ClubCorp NV IX, LLC
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234
ClubCorp NV X, LLC
ClubCorp NV VI, LLC
3030 LBJ Freeway, Suite 600
Dallas, TX 75234

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SCHEDULE 5

PLEDGED COLLATERAL

Part 1. Pledged Certificated Stock to be delivered to the Administrative Agent

NONE

Part 2. Pledged Uncertificated Stock and Pledged Certificated Stock – delivery
of which is not required

NONE

Part 3. Pledged Debt

NONE

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SCHEDULE 6

REGISTERED TRADEMARKS (USA)

NONE

REGISTERED TRADEMARKS (FOREIGN)

NONE

COPYRIGHT REGISTRATIONS (USA OR FOREIGN)

NONE

PATENT REGISTRATIONS (USA OR FOREIGN)

NONE

DOMAIN NAMES

NONE

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