Golf Course Facility and Related Assets in North Carolina

Sale of assets of Warrior Golf Management, LLC (“Seller”). The assets relating to the Broadmoor Golf Links. Seller is the owner of the Broadmoor Golf Links (“Broadmoor”) located in Fletcher, North Carolina. Broadmoor features, among other things, a nearly 7,000 yard, 18-hole championship golf course complete with an approximately 15,000 square foot clubhouse outfitted with dining and event facilities, as well as a driving range and attendant maintenance facilities all situated on approximately 140 acres. Importantly, Broadmoor is located just outside of Asheville, North Carolina near the Asheville Regional Airport.

The sale assets also includes: All of WGM’s current right, title and interest in the Real Property, Personal Property, Assumed Contracts, permits, intangibles, entitlements, tradename and trademark, books and records and insurance claims or proceeds with respect to Broadmoor. All other assets of WGM including all cash, accounts, receivable and bank deposits as well as all causes of action relating to Broadmoor.