Section 1. Membership in the West Beach Road Association shall be limited to owners of real property as described in Exhibit A or the spouse of a property owner (according to the definition of "community property" in the Revised Code of Washington, RCW 26.16.030) except as noted below. The owners, their heirs or assigns, of each of the original tracts, or any portion thereof if said tract is subdivided in the future, shall agree to be a member of West Beach Road Association, a Washington non-profit corporation. Each member shall be entitled to one vote only, regardless of the number of tracts owned by or held under contract of sale, and no more than one vote per membership shall be cast regardless of the number of owners of the property to which it is appurtenant.

Section 2. No membership shall be forfeited nor any member expelled. Members whose dues and/or assessments are 90 or more days delinquent and members who fail to pay court ordered judgments owed to the Association within 90 days will be deemed members not in good standing, and shall have no voting rights. No member may withdraw except upon the transfer of title to, or upon the sale of, the tract to which his membership is appurtenant. No compensation shall be paid by the corporation upon any transfer of membership and no member whose membership is transferred shall be entitled to share or participate in any of the property or assets of the corporation throughout the life of the corporation.

Section 3. The owner of real property which is the subject of this declaration shall be solely responsible for providing and maintaining on file with the Secretary of the West Beach Road Association the owner's current address, telephone number, email address and other contact information, and to notify the Association Secretary of any change in ownership of the owner's real property.

Section 4. Upon the dissolution of the West Beach Road Association, the retained savings of the Association (savings and checking accounts) will be distributed to members and former members according to a fair and equitable procedure to be agreed upon by a majority of the members at a Special Meeting held for that purpose. Upon dissolution of the Association, gains from the sale of any appreciated asset of the Association will be distributed to the extent practicable on a pro rata basis to all persons who were members (i.e. Article III, Section 1 definition) during the period when the asset was owned by the Association.