$45,000Even after Charles Ledsinger stepped down as CEO of Choice Hotels last year, the company let him use its membership at Maryland’s TPC Potomac country club, where initiation fees start at $45,000.

$6,000The shoe company Crocs paid the $6,000 initiation fee and pays monthly dues for CFO ­Russell ­Hammer’s ­membership at Lake Valley Golf Club in Longmont, Colorado.

$99,000So CEO Kevin Boyce can play golf, Molson Coors Brewing covers a “onetime initiation fee in an amount not to exceed 15 percent of his current base salary.” Based on Boyce’s 2007 salary, the fee could be $99,000.

$35,000Paris Reece III stepped down as CFO of MDC Holdings in August and got five months’ access to Colorado’s Glenmoor Country Club, where initiation fees total $35,000.

$300,000When Countrywide’s No. 2 executive, David Sambol, signed a contract two years ago, the now-​­defunct mortgage giant agreed to pay his initiation fee—which may have been as high as $300,000—at California’s Sherwood Country Club.

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