Time Share Updates. REMINDER Annual Meeting of Owners ANNUAL MEETING AGENDA

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1 July 2014 REMINDER Annual Meeting of Owners You are invited, as an owner of a timeshare interval at The Falls at Ogunquit Resort Condominium Association, to be present or represented by proxy at the Annual Meeting of Owners to be held at the Dunaway Center, Ogunquit, ME on Wednesday, August 6, 2014 at 5:30 p.m. for the following purposes: 1. To elect one (1) member to the Executive Board of the Association for a three year term; 2. To approve the Annual Meeting Minutes from 2013; 3. To ratify the Resort Operating Budget for the fiscal year ending September 30, 2015; 4. To transact such other business as may properly come before the meeting. Owners are entitled to vote at the Annual Meeting of Owners and all adjournments thereof. Since a quorum of owners is required to transact business, all owners are urged either to attend the meeting or to be represented by proxy. If you do not expect to attend the meeting in person, it is vitally important that you mark, sign, date and return the enclosed Proxy/Ballot to reach us prior to August 6, If you later find that you can be present or for any other reason desire to revoke your Proxy/Ballot, you may do so at any time before voting commences. ANNUAL MEETING Wednesday, August 6, :30 p.m. Dunaway Center 23 School St., Ogunquit, ME AGENDA 1. Introductions/Roll Call 2. Approval of 2013 Annual Meeting Minutes 3. Election of Executive Board 4. Manager s Report 5. Year End Financial Report /2015 Budget Review /2015 Budget Ratification 8. Election Results 9. Open Discussion/Q&A 10. Adjournment Directions The Dunaway Center is located adjacent to the town offices in downtown Ogunquit. School Street connects Main Street (Route 1) and Shore Road, approximately 1 1/4 miles south of The Falls at Ogunquit. Should you have any questions, please contact The Falls at Ogunquit at (207) Time Share Updates Our team of timeshare experts will be contacting you when there is an update meeting in your area. This the perfect time to get a timeshare check-up, making sure you get the most out of your ownership, and to find out what s new in timesharing and how these changes may affect you. InnSeason Resorts and timeshare in general are constantly adding resorts, as well as new features and benefits to make the timeshare experience easier and more enjoyable. An owner update is the best way to learn about these changes and ask about what is important to you. For more information call Inside this Issue Candidate Profile Explore Maine through all its Seasons What s Happening Around Town Resort Staff Pictures 2014/2015 Operating Budget Proxy/Ballot /Approval of 2014/2015 Operating Budget

2 William E. Billy Curran (Incumbent) CANDIDATE PROFILE Founder and CEO of InnSeason Resorts. A sales and marketing executive for more than 29 years he is also the founder of Curran Management Services, Inc., a successful family owned marketing business based on Cape Cod. This nationally recognized telemarketing business currently has offices in both Massachusetts and New Hampshire. In addition, he has developed five spectacular resorts in New England that together employed more than 350 people at one time. Objective as Board Member: To work with the Board to ensure the long term financial stability of InnSeason Resorts Falls of Ogunquit while maintaining its distinctive level of accommodations and services. Explore Maine through all its Seasons Explore more at The Falls! Our guided excursions highlight the best of Southern Maine s natural wonders. Explore Maine s rich biodiversity and take a journey through its fascinating past. Join our local guide for a vacation experience you won t forget! Hike, bike and paddle your way through Maine s natural wonders! Annie in our Activities Center is amazing! What until you see the different things she has planned with the families this year. We re excited to have her part of our 2014 team. What s Happening Around Town We re being rewarded for our patience! This month had some of the best summer weather Ogunquit has to offer. And since schools are out, let the crowds begin! Hard to believe the second show of the season starts at the Playhouse-Billy Elliot, with music by Elton John. The Great Race brought hundreds of vintage vehicles to town to start the race to the Villages in Florida. They were something to look at-all pristine examples and vying for a $5,000 first prize. Trolleys are running a complete schedule now, our Beach Shuttle has started. Don t forget the Water Company is still replacing pipes in the road in downtown area, so bear with them, it s all worth it in the long run in our Beautiful Place by the Sea! Norm is gearing up for summer! Allison, Beth, and Keith all smiles!

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4 PRST FIRST U.S. POSTAGE PAID CURLEY DIRECT c/o Vacation Resorts International P.O. Box 399 Hyannis, MA Important Numbers The Falls at Ogunquit and Vacation Resorts International (VRI) The Falls at Ogunquit (207) Fax - Falls at Ogunquit (207) General Manager: Heather Ault-Durant (800) Website: Exchange Information Interval International (800) RCI (877) VRI*ety (888) Vacation Owner Services / VRI Maintenance Fees (800) Payment Plans (800) Changes/additions to Ownership (800) nememberservices@vriresorts.com Central Reservations Information and Assistance (800) Fixed Week Reservation (800) Float Week Reservation (800) Bonus Time, Vacation Tyme (866) Rental Program, and VIP Discounts innseason@vriresorts.com Still Need Assistance VRI Corporate Services (508) VRI Fax (508) The Falls at Ogunquit Blog. For the latest at the resort and in Ogunquit. Check in regularly. Managed by Vacation Resorts International Perfecting the Art of Hospitality

5 IF YOU CANNOT ATTEND THE ANNUAL MEETING, The Executive Board requests that you note your preference on this Proxy/Ballot and return it at once to reach us prior to August 6, The Falls at Ogunquit Resort Condominium Association This Proxy/Ballot will be voted according to the instructions indicated below. Proxy Solicited on Behalf of the Executive Board for the Annual Meeting of Owners to be held on August 6, The undersigned hereby appoint(s) (check one only): Clare MacPherson, Secretary Other: Attending Owner Name To act as Proxy with power to vote for and act on behalf of the undersigned on any business that may properly come before the Annual Meeting of the Owners of The Falls at Ogunquit Resort Condominium Association, to be held at Dunaway Community Center on Wednesday, August 6, 2014, 5:30 p.m. or any adjournment thereof. BALLOT Vote for no more than one (1) Candidate for the Executive Board from the Candidates listed below. (Qualifications and biography included in this newsletter.) *Incumbent *William E. Billy Curran Write In Approval of 2014/2015 Operating Budget Copy of Budget included in this Newsletter. Approve Disapprove This form is not valid unless signed by the authorized Interval Owner. Signature Signature Date Date Please Print Name(s) Legibly Unit(s)/Week(s) Number Please fold, secure, stamp, and mail to address on reverse side or fax to (508) Ballot

6 -Please Fold Here- PLACE STAMP HERE Please check if new address Secretary The Falls at Ogunquit Resort Condominium Association c/o Vacation Resorts International Post Office Box 399 Hyannis, MA Please Fold Here-