S-1 .... Calendar Year Grand Slam (10 years)

          Winning the Masters Tournament, U.S. Open, British Open Championship -AND-
          PGA Championship within a single calendar year.
         
 _____________________________________________________________________________________

 S-2 .... Annual Leading Money Winner {Arnold Palmer award}

          a. Last 10 calendar years (beginning 2010)

             Provided that performance requirements of the Season
             Championship are fulfilled in the same calendar year
             that player wins the Money Leader title.

             See the Season Championship section in Box-4, "Hypothetical
             2010 PGA Tour Schedule" for performance requirements.

          b. Last five calendar years (beginning 2010)

             Any Leading Money Winner not fulfilling Season Championship
             performance requirements.

          c. Last five calendar years  (prior to 2010)

             Winners of the Fed Ex Cup Championship or Leading Money
             Winner Title

 _____________________________________________________________________________________

 S-3 .... Winners of an individual Grand Slam Championship (5 years, 1998- )

          a. Masters Tournament         b. U.S. Open

          c. British Open Championship  d. PGA Championship


          See S-7 below for U.S. Open, PGA Championship winners prior to 1970

 _____________________________________________________________________________________

 S-4 .... Winners of the Players Championship (5 years, 1998- )


 _____________________________________________________________________________________

 S-5 .... Any player who within the last five calendar years has achieved a 20th,
          40th, 60th, 80th, etc. Career PGA Tour Victory.


 _____________________________________________________________________________________

 S-6 .... Winners of the following events within the last three calendar years,
          all beginning 2010 (a-b-c-d-e-f) ---

          a. S.B.S. Winners Challenge

          b. Doral-CA Invitational    (formerly WGC CA Invitatonal)

          c. BMW Western Open

          d. Canadian Open by RBC

          e. Bridgestone World Series of Golf

             Includes (from 2010 to 2012 only) Bridgestone Invitational winners
             prior to 2010

          f. SONY Grand Finale

          g. Winners of the Tour Championship or Accenture Match Play, prior to 2010,
             until the natural end of each event's exemption period.
   

 _____________________________________________________________________________________

 S-7 .... Winners of regular PGA Tour events, current year or --  

          a. last 3 calendar years - any player who has achieved a 5th-10th-15th -OR-
             25th-30th-35th -OR- 45th-50th-55th etc. Career PGA Tour Victory.

          b. last 3 calendar years - conditional, if among Top 20 Money Leaders in the
             same year as that of the win (beginning with 2010 winners).

          c. last 2 calendar years, any other such winners.

          d. Prior to 2010
             Last X Calendar Years, Y wins in same calendar year, as follows --
             3 years - 2 wins; 4 years - 3 wins; 5 years - 4 wins.

 _____________________________________________________________________________________

 S-8 .... Lifetime Exemption

          NOTE
           Category S-8 and S-9 exemptions (see below) can not be used together
           within the same calendar year.

          A Lifetime Exemption is earned by any one of the following means ...

          a. Calendar Year Grand Slam

          b. 20 Career Wins -AND- 15 years active Tour membership.
             Applies to past, present and future.

          c. US Open and PGA Championship wins prior to 1970
             Beginning 2010, a player with S-7-C status is unconditionally exempt
             for up to 10 events (open or invitational) per year. Any such player
             is eligible for 20 events per year by meeting the conditions required
             of players with S-8-A or S-8-B status (see below).


          Conditions for usage if status is S-8-A or S-8-B, beginning 2009 --

          During the previous year the player must be within a specific threshold on
          the Official Money Winners List -AND- play a minimum number of competitive
          rounds. If such conditions are not satisfied, then such a player is limited
          to three events (open or invitational) per year.

          Events Per Year           Money List     At Least XX           Maximum
          (Open or Invitational)    Threshold      Competitive Rounds    Uses (Each)
          --------------------------------------------------------------------------
          20                        Top 120        50                    Five
          10                        Top 180        30                    Unlimited

 _____________________________________________________________________________________

 S-9 ....  Career Earnings Exemption

          NOTE
           Category S-8 and S-9 exemptions (see above) can not be used together
           within the same calendar year.

           A: Usage

              If not otherwise fully exempt for a given year, a player may
              apply for full exempt status by using a Career Earnings
              Exemption for the duration of that particular year. Each
              such exemption is usable only once.

              On two different occasions out of five allowed, a player
              may enter up to 20 official events (open or invitational)
              using a Career Earnings Exemption. On three different occasions
              out of five allowed, the limit is ten events (open or
              invitational).

              If the Career Earnings Exemption is used to enter the Players
              Championship in any given year, it will count as two event uses
              of the exemption.


              A player may use Category S-9 for annual exempt status up to
              five times during their career.

              Category S-9 usage is limited to two consecutive calendar
              years at a time, and no more than three uses within any
              given five calendar year period.


           B: Career Earnings Exemption

              1st: Top 60 career money and 1-4 career wins
 
              2nd: Top 60 career money and 5+ career wins
                   -OR-
                   Top 30 career money and 1-4 career wins

              3rd: Top 60 career money and 10+ career wins
                   -OR-
                   Top 30 career money and 5+ career wins
 
              4th: Top 60 career money and 15+ career wins
                   -OR-
                   Top 30 career money and 10+ career wins

              5th: Top 60 career money and 20+ career wins
                   -OR-
                   Top 30 career money and 15+ career wins

              Any previously used Top 25 Career Earnings Exemption
              counts as a used Top 30 exemption. Any previously used
              Top 50 Career Earnings Exemption counts as a used Top
              60 exemption. Furthermore, any previously used Top 25
              and Top 50 exemptions will count as used Top 30 and Top
              60 20-event-per-year exemptions.
              

 _____________________________________________________________________________________

 S-10 ... Winners of the particular event being contested

          a. 5 years, 2000-after
          b. 10 years, prior to 2000
          c. Life, prior to 7-28-1970 ... until end of 2010

          NOTE
           A Non-Member past champion (within last 5 years) may exchange use of
           a potential S-11 or O-9 exemption for an S-10 exemption.

 _____________________________________________________________________________________

 S-11 ... Sponsor Invitations (12 per event)

          3 - Regular, Life, Past Champion or Veteran Member
          3 - Nationwide Top 25 / Q-School Top 25+
          2 - Non-Member Internationals who are not otherwise exempt
          4 - Unrestricted (Amateurs to have a Zero handicap)

          Regular and Special Temporary PGA Tour Members may receive up to
          20 such invitations per year. All other players, pro or amateur,
          are limited to seven such invitations per year.

 _____________________________________________________________________________________

 S-12 ... PGA National Club Professional Champion (6 open events)

 _____________________________________________________________________________________

 S-13 ... In PGA Section where tournament is being contested --

          a. The Section Champion (or, Player of the Year)
          b. 2 Section Members from qualifier

 _____________________________________________________________________________________

 S-14 ... Six Open Qualifiers (Amateurs to have a Zero handicap)