Welcome
Dear Prospective Member C CLUB,
We refer to our recent discussions regarding the establishment of an exclusive megayacht club (the Club) for a limited number of discerning members. In that context, we also refer to the exceptional treatment that we would like to afford you, should you accept our private off-market invitation to be one of our very few “first entrants”, to access our yacht Serenity, its facilities, functions, and events during the launch phase, subject to and in accordance with the terms of this letter.
C Club once fully established, will provide an exclusive private megayacht forum for our admitted members and two of their permitted guests, to interact socially and to business network, while enjoying events, wellness, and recreational activities on board our yacht Serenity.
The Club will offer the highest standard of luxury in hospitality, for members to connect, communicate, and to have memorable experiences with fellow members and guests, all specifically within the worlds of our yachts. Our fleet, starting with MY Serenity, will be docked in fixed locations, initially in Dubai. In due course, our yacht club will change location on a yearly basis, based on a fixed calendar to the Mediterranean, Gulf and Arabian Seas. This will enable members and guests to enjoy a variety of exciting events and functions that such destinations have to offer, from film and other festivals to Formula One races and Philanthropic Galas, Wellbeing Weeks to name but a few.
To ensure that the Club maintains the highest standards of luxury, product, and service, and that all members and their guests share common interests within the business world, we will keep access exclusive on M/Y Serenity by setting a limit to the number of 200 memberships and guests allowed in.
In tandem, we have set a one-off membership fee at US$ 50,000 (the Membership Fee) and thereafter a recurrent annual membership fee of US$ 50,000 thereafter (the Annual Fee). We believe that such fees would not only preserve the exclusive nature of the Club, but they would also help in raising the bar and setting the standards in terms of assets, luxury, and style.
Upon the membership committee approving your online application as a member, your acceptance as a member and payment of all applicable fees, you will receive a membership card, providing you and two guests that accompany you, 25 days of usage of the C Club Yacht Serenity. If you wish to have more access, you may upgrade your membership tier or book accommodation on board. Your access to the yachts and enjoyment of their facilities would be managed and operated in accordance with our current access rules (the Access Rules). These Access Rules are likely to be amended by the time the Club is ready for official launch on or before 1 July 2024 (the Launch Date) and the final version will be posted on the Club’s online portal, then renamed as Membership Rules, which you will have access to. Until such time, and given your exceptional and priority treatment, the Access Rules will be deemed adjusted to the extent that they conflict with the terms of this letter.
Your selection as a first entrant
You have been selected as a first entrant and this letter is our official private off-market invitation to access our yacht, facilities, functions, and events during the launch phase. Upon your acceptance, and our processing policy, and upon our receipt of all applicable fees, you will have full access, to all such events and functions, A total of two family members / friends as guests (and more upon availability) can experience the yacht facilities such as sea toys, and:
- Gourmet dining and bar service for members and their guests paid for by credit card or on member app
- Invitations to C Club Signature Private & Global Events
- Ability to host corporate events on board
- Connecting entrepreneurial minds on a global scale
- Spacious lounges and lavish sun decks
- Fitness facilities and wellbeing, biohacking services and retreats
- Concierge Services for your Travel & Experiences
- For an extra fee accommodation on board the yacht (availability dependent)
Naturally, such access will be subject to the terms of this letter and otherwise our Access Rules (eventually renamed as Membership Rules). Your priority membership begins by: (a) your submission of your completed private acceptance form which will follow once you express interest in joining, attaching all requisite documentation to enable us to comply with and complete all our official prequalification requirements, which we anticipate should take us up to 10 business days.
The Membership Fee of $50,000 is payable to us with your submission of your acceptance form. On the assumption that our process enables us to take matters forward, and there should be no reason for us not to other than in exceptional circumstances where our due diligence exercise reveals a genuine reason that prevents us at law from offering you access to our yachts (and eventually admitting you as a member). Given that we are currently in launch mode, the Membership Fee would be paid into the holding company.
Explanation of this arrangement can be found below. We will have the right to terminate this letter, and therefore your prospective membership, if payment of your Membership Fee is not received within 10 business days of your countersignature of this letter your application and entry will be cancelled.
Your enjoyment of our yacht facilities post-acceptance
Following successful completion of our prequalification requirements and receipt of your Membership, we will send you a written confirmation of your admission as a first entrant.
Next steps
If you wish to avail yourself of our invitation, please countersign and return the duplicate of this letter so that we may embark on the pioneering yachting membership concept together.
Yours sincerely,
Jimmy Frangi
Founder C Club