December 20, 2006 Mr. Neil Franzoni Bertram 31 Franzoni@comcast.net Dear Neil: We are delighted that Bertram 31 is considering the Montauk Yacht Club Resort & Marina to host its event. The Montauk Yacht Club Resort & Marina is Long Island's premier resort hotel. In our extraordinary setting of sand and sea, surrounded by Montauk Harbor, Long Island Sound and the Atlantic Ocean, we offer our guests the finest resort hotel experience. Guest Rooms Relax on your private terrace in one of our 107 elegantly appointed guest rooms. Savor the breathtaking views of our harbor and 232 slip marina. Meeting Rooms Planning business meetings or catered affair is made easy with the assistance of our expertly trained staff. Six function rooms, some with water views, will accommodate groups of up to 200. Activities We offer five (5) tennis courts for your use, three pools (one indoor), fitness area, saunas, Day Spa with massage and facials, volleyball, basketball, bocce ball, horseshoes or simply relax on our private beach. Montauk boasts one of North America’s finest 18 hole golf courses - the renowned Montauk Downs State Park. A variety of recreational activities, such as water sports rentals, guided nature hikes, winery tours, bike tours, sunset cruises, horseback riding, whale watching and shopping, are just minutes away. For anglers, party boats or private charters leave from our docks or nearby marinas in search of tuna, shark, striped bass, fluke, and other varieties of fish. Proposed Guest Room Block We understand that approximately 20 guest rooms are needed and will be as follows: Fri 08/03 Sat 08/04 Run of House 20 20 Proposed Guest Room Rates We are pleased to offer the following overnight guest room rates, which are subject to applicable New York State tax, local taxes, and a daily $7.00 Resort Fee. Room Single Rate Double Rate Run of House 359.00 359.00 Proposed Boat Slip Block We understand that approximately 20 boat slips are needed and will be as follows: Fri 08/03 Sat 08/04 31’ – 38’ Slips Request all boats together 20 20 Proposed Boat Slip Rates We are pleased to offer the following slip rates. Rates include utilities. Slips Friday Rate Sat Rate Sun Rate Request Same Dock 160.00 160.00 *140.00 *No Sunday night slips have been reserved at this time (please note any vessels over 35’ will pay an additional 4.00 per ft per day) Proposed Function Agenda The following is an outline of the function agenda: Date Start Time End Time Function Room Setup Agr Room Rental 8/4/2007 7:00 AM 5:00 PM Registration Dock Conference 4 .00 8/4/2007 7:00 PM 10:00 PM Dinner Waterside Ballroom Oval 106 .00 All Theme Buffets include Iced Tea or Lemonade. Dessert includes freshly Brewed Coffee, Decaffeinated Coffee and Tea. Assorted Soft Drinks offered on consumption @ $3.00 each Lobster Bake (Minimum 50 People) New England clam chowder Steamers, Mussels and Whole 1 ¼ lb. Lobster Red Bliss Potatoes, Corn on the Cob Crisp Garden Salad, Potato Salad Pasta Salad, Coleslaw Corn Bread Barbecue Breast of Chicken Sliced Sirloin of Beef “Chorizo” (Portuguese Sausage) Strawberry Shortcake and Watermelon $75.00 (97.76 inclusive of sales tax and gratuity) - based on one (1) lobster per person Required Chef Attendant Fee @$75.00 per chef Cash Bar Montauk Yacht Club will take reservations and deposit of 1 night room and tax or 1 night slip & tax on an individual basis. Bertram 31 to sell and collect monies to the event, and then provide payment of event 10 days prior - August 4, 2006. Neil, we currently have availability for your proposed dates. However, space is not being held and we are entertaining other requests for guest rooms and function space! Therefore, please contact me at your earliest convenience should you wish to proceed, so that we may finalize details and prepare a contract for your approval. Sincerely, Lisa A. Bryan Director of Sales/Marketing Our recent credits: The Montauk Yacht Club Resort & Marina – “Recognized as one of America’s Top Hotels – Rated “Excellent” – as reviewed by our valued patrons in the U.S.” – Hotels, Resorts, and Spas – ZAGAT Survey Named as one of the “Top Ten Marina Destinations in North America, Mexico, Caribbean and the Bahamas”- Yachting Magazine “This stunner is the best service and quality in the Hamptons, where service and professionalism are taken seriously” – Improper Hamptonian Ranked in the Top 3 Marinas for seasonal and transient – Offshore Magazine “Experience the pampering, the pleasures, the exhilaration and the total relaxation at Long Island’s premier vacation destination, the Montauk Yacht Club Resort & Marina. The fabulous waterfront property offers all the amenities, plus the beauty, aura, and excitement of the Renowned East End” - Elegant Small Hotels