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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center"><FONT size="2"><B>As filed with the Securities and Exchange Commission on December&nbsp;19, 2002</B>
</FONT>
<P align="right"><FONT size="2"><B>Registration No.&nbsp;333-_____</B></FONT>


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<P align="center"><FONT size="4"><B>SECURITIES AND EXCHANGE
COMMISSION</B></FONT>


<DIV align="center"><FONT size="3"><B>Washington, D.C. 20549</B></FONT></DIV>


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<P align="center"><FONT size="5"><B>FORM S-8</B></FONT>


<P align="center"><FONT size="2"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</FONT>

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<P align="center"><FONT size="6"><B>
THOUSAND TRAILS, INC.</B></FONT>


<DIV align="center"><FONT size="2">
(Exact name of registrant as specified in its charter)</FONT></DIV>

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    <TD align="center" valign="top"><FONT size="2"><B>Delaware</B><BR>
(State or other jurisdiction of<BR>
incorporation or organization)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<B>75-2138671</B><BR>
(I.R.S. Employer<BR>
Identification Number)</FONT></TD>
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<tr><td>&nbsp;</td></tr>

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    <TD align="center" valign="top"><FONT size="2"><B>3801 Parkwood Blvd., Suite&nbsp;100<BR>
Frisco, Texas</B><BR>
(Address of Principal Executive Offices)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<B>75034</B><BR>
(Zip Code)</FONT></TD>
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<P align="center"><FONT size="2"><B>THOUSAND TRAILS, INC.<BR>
2001 STOCK OPTION AND RESTRICTED STOCK PURCHASE PLAN</B><BR>
(Full title of the plan)
</FONT>
<P align="center"><FONT size="2"><B>Walter B. Jaccard, Esq.<BR>
Vice President, General Counsel and Secretary<BR>
Thousand Trails, Inc.<BR>
3801 Parkwood Blvd., Suite&nbsp;100<BR>
Frisco, Texas 75034</B><BR>
(Name and address of agent for service)
</FONT>
<P align="center"><FONT size="2">(<B>214) 618-7200</B><BR>
(Telephone number, including area code, of agent for service)
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<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
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    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
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    <TD width="2%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
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    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
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    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>maximum</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>maximum</B></FONT></TD>
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    <TD nowrap align="center"><FONT size="1"><B>Title of each class of</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Amount to be</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>offering price</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>aggregate</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount of</B></FONT></TD>
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    <TD nowrap align="center"><FONT size="1"><B>securities to be registered</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>registered</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>per share (1)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>offering price (1)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>registration fee</B></FONT></TD>
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    <TD align="center"><FONT size="2">Common Stock, $.01 par value</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
650,000 shares
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="right" valign="top"><FONT size="2">$</FONT></TD>
    <TD align="right" valign="top"><FONT size="2">9.50
</FONT></TD>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="right" valign="top"><FONT size="2">$</FONT></TD>
    <TD align="right" valign="top"><FONT size="2">6,175,000
</FONT></TD>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="right" valign="top"><FONT size="2">$</FONT></TD>
    <TD align="right" valign="top"><FONT size="2">568.10</FONT></TD>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
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      <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Based on the average of the high and low prices of the Common Stock of
Thousand Trails, Inc. (the &#147;Common Stock&#148;) as reported on the American
Stock Exchange on December&nbsp;18, 2002, pursuant to Rule&nbsp;457(h) under the
Securities Act of 1933, as amended (the &#147;Securities Act&#148;).</FONT></TD>
</TR>
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&nbsp;</FONT>
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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART I</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">PART II</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;3. Incorporation of Documents by Reference</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;5. Interests of Named Experts and Counsel</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;8. Exhibits</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;9. Undertakings</A></TD></TR>
<TR><TD colspan="9"><A HREF="#007">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="d02117exv5.txt">EX-5 Opinion/Consent of Walter B. Jaccard</A></TD></TR>
<TR><TD colspan="9"><A HREF="d02117exv23w2.txt">EX-23.2 Consent of Grant Thornton LLP</A></TD></TR>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>


<P align="center"><FONT size="2"><B>INTRODUCTORY STATEMENT</B>
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement on Form&nbsp;S-8 is filed by Thousand Trails, Inc.,
a Delaware corporation (the &#147;Company&#148;), relating to 650,000 shares of Common
Stock, par value $0.01 per share, eligible for issuance under the Thousand
Trails, Inc. 2001 Stock Option and Restricted Stock Purchase Plan (the &#147;Plan&#148;),
approved by stockholders on November&nbsp;8, 2001.
</FONT>
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<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>PART I</B></FONT>


<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS</B>
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information requested in Part I of this Registration Statement is
included in the prospectus for the Plan, which the Company has excluded from
this Registration Statement in accordance with the instructions to Form&nbsp;S-8.
</FONT>
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<DIV align="left"><A NAME="001"></A></DIV>
<P align="center"><FONT size="2"><B>PART II</B></FONT>


<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</FONT>
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<DIV align="left"><A NAME="002"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;3. Incorporation of Documents by Reference</B></FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed by the Company are incorporated by
reference, as of their respective dates, in this Registration Statement:
</FONT>
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        <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">1.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="91%"><FONT size="2">Annual Report on Form&nbsp;10-K for the fiscal year
ended June&nbsp;30, 2002, filed with the Securities and Exchange
Commission (the &#147;Commission&#148;) on September&nbsp;30, 2002;</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
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        <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">2.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="91%"><FONT size="2">Quarterly Report on Form&nbsp;10-Q for the quarter
ended September&nbsp;30, 2002, filed with the Commission on
November&nbsp;14, 2002; and</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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        <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">3.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="91%"><FONT size="2">The description of the Company&#146;s Common Stock set
forth in the Registration Statement on Form&nbsp;8-A12B, filed
by the Company with the Commission on November&nbsp;25, 1998
(File No.&nbsp;1-14645), under which the Company registered the
Common Stock under the Exchange Act.</FONT></TD>
</TR>
</TABLE>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, all documents subsequently filed by the Company
pursuant to Section&nbsp;13(a), 13(c), 14 and 15(d) of the Securities
Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), prior to the
filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all such securities then
remaining unsold, shall be deemed to be incorporated by reference in
this Registration Statement and to be a part hereof from the date of
filing of such documents. Any statement contained in a document
incorporated by reference herein shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent
that a statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so
modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.
</FONT>
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<DIV align="left"><A NAME="003"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;5. Interests of Named Experts and Counsel</B></FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walter B. Jaccard, who has delivered to the Company a legal opinion
regarding the validity of the shares of Common Stock registered pursuant to
this Registration Statement, is a Vice President, General Counsel and Secretary
of the Company and he has the right to acquire 72,500 shares of Common Stock
pursuant to other Company option plans.
</FONT>
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<DIV align="left"><A NAME="004"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;6. Indemnification of Directors and Officers</B></FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under its Bylaws, the Company must indemnify its present and former
directors and officers for the damages and expenses that they incur in
connection with threatened or pending actions, suits, or proceedings arising
because of their status as directors and officers, provided that they acted in
good faith and in a manner that they reasonably believed to be in or not
opposed to the best interests of the Company (or with respect to any criminal
action or proceeding, provided that they had no reasonable cause to believe
that their conduct was unlawful).
</FONT>

<P align="center"><FONT size="2">
2</FONT>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company must advance funds to these individuals to enable them to
defend any such threatened or pending action, suit or proceeding. The Company
cannot release such funds, however, until it receives an undertaking by or on
behalf of the requesting individual to repay the amount if a court of competent
jurisdiction ultimately determines that such individual is not entitled to
indemnification.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the Delaware General Corporation Law (the &#147;DGCL&#148;) provides
that a corporation may indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative
(other than an action by or in the right of the corporation) by reason of the
fact that such person is or was a director, officer, employee or agent of the
corporation, or is or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise, against expenses (including attorneys&#146;
fees), judgments, fines and amounts paid in settlement actually and reasonably
incurred by him in connection with such action, suit or proceeding if such
person acted in good faith and in a manner the person reasonably believed to be
in or not opposed to the best interests of the Company, and, with respect to
any criminal action or proceeding, had no reasonable cause to believe was
unlawful. A similar standard of care is applicable in the case of derivative
actions, except that indemnification only extends to expenses (including
attorneys&#146; fees) incurred in connection with defense or settlement of such an
action and then, where the person is adjudged to be liable to the corporation,
only if and to the extent that the Court of Chancery of the State of Delaware
of the court in which such action was brought determines that such person is
fairly and reasonably entitled to such indemnity and then only for such
expenses as the court shall deem proper.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company has entered into Indemnity Agreements with its directors and
officers contractually obligating the Company to provide indemnification rights
substantially similar to those described above.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;102(b)(7) of the DGCL provides that a corporation may eliminate or
limit the personal liability of a director to the corporation or its
stockholders for monetary damages for breach of fiduciary duty as a director,
provided that such provisions shall not eliminate or limit the liability of a
director (i)&nbsp;for any breach of the director&#146;s duty of loyalty to the
corporation or its stockholders, (ii)&nbsp;for acts or omissions not in good faith
or which involve intentional misconduct or a knowing violation of law, (iii)
under Section&nbsp;174 of the DGCL, or (iv)&nbsp;for any transaction from which the
director derived an improper personal benefit. No such provisions shall
eliminate or limit the liability of a director for any act or omission
occurring prior to the date when such provision becomes effective. The
Company&#146;s Certificate of Incorporation states that directors shall not be
liable for monetary damages for breaches of their fiduciary duty to the fullest
extent permitted by the DGCL.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company also maintains directors&#146; and officers&#146; insurance for certain
expenses and losses.
</FONT>
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<DIV align="left"><A NAME="005"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;8. Exhibits</B></FONT>


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    <TD width="89%">&nbsp;</TD>
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<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Exhibit</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
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<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Number</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
   <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Exhibit</B></FONT></TD>

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    <TD><FONT size="1">&nbsp;</FONT></TD>
   <TD><FONT size="1">&nbsp;</FONT></TD>
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    <TD nowrap align="center"><HR size="1" noshade></TD>

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<TR valign="bottom">
    <TD align="right" valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Restated Certificate of Incorporation of the Company (incorporated by reference to Annex B to the proxy
statement/prospectus filed with the Commission on October&nbsp;3, 1996 as part of the S-4 Registration
Statement, File No.&nbsp;333-13339)</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR valign="bottom">
    <TD align="right" valign="top"><FONT size="2">4.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Amended and Restated Bylaws of the Company (incorporated by reference to Exhibit&nbsp;3.2 to the Form&nbsp;8-B12G
filed by the Company with the Commission on November&nbsp;27, 1996, File No.&nbsp;000-21805)</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right" valign="top"><FONT size="2">4.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Thousand Trails, Inc. 2001 Stock Option and Restricted Stock Purchase Plan (incorporated by reference to
Appendix&nbsp;A to the definitive proxy statement filed with the Commission on September&nbsp;26, 2001 on Schedule
14A, File No.&nbsp;1-14645)</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right"><FONT size="2">5</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Opinion of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Consent of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company (included in
Exhibit&nbsp;5 hereto)</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Consent of Grant Thornton LLP</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR valign="bottom">
    <TD align="right"><FONT size="2">24</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Power of Attorney (included as part of signature page hereto)</FONT></TD>
</TR>
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<P align="left"><FONT size="2"><B>Item&nbsp;9. Undertakings</B></FONT>


<P><FONT size="2">(a)&nbsp;The Company hereby undertakes:
</FONT>
<P align="center"><FONT size="2">
3</FONT>
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    <TD width="100%">&nbsp;</TD>
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<TD valign="top"><FONT size="2">&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:</FONT></TD>
</TR>
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        <TD width="3%"></TD>
        <TD width="97%"></TD>
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        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;To include any prospectus required by Section&nbsp;10(a)(3) of the
Securities Act;</FONT></TD>
</TR>

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        <TD width="97%"></TD>
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        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;To reflect in the prospectus any facts or events arising after the
effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in this
Registration Statement;</FONT></TD>
</TR>

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        <TD width="3%"></TD>
        <TD width="97%"></TD>
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        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;To include any material information with respect to the plan of
distribution not previously disclosed in this Registration Statement or any
material change to such information in this Registration Statement.</FONT></TD>
</TR>

</TABLE>
<P><FONT size="2"><I>provided, however, </I>that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
registration statement is on Form&nbsp;S-3, Form&nbsp;S-8 or Form&nbsp;F-3, and the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or furnished to the
Commission by the Company pursuant to Section&nbsp;13 or 15(d) of the Exchange Act
that are incorporated by reference in the registration statement.
</FONT>
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    <TD width="100%">&nbsp;</TD>
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<TR valign="bottom">
<TD valign="top"><FONT size="2">&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities
Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof.</FONT></TD>
</TR>
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    <TD width="100%">&nbsp;</TD>
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<TR valign="bottom">
<TD valign="top"><FONT size="2">&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">(b)&nbsp; The Company hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Company&#146;s annual report
pursuant to Section&nbsp;13(a) or 15(d) of the Exchange Act that is incorporated by
reference in this Registration Statement shall be deemed to be a new
registration statement relating to the securities offered herein, and the
offering of such securities at that time shall be deemed to be the initial <I>bona
fide </I>offering thereof.
</FONT>
<P><FONT size="2">(c)&nbsp; Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and
controlling persons of the Company pursuant to the foregoing
provisions, or otherwise, the Company has been advised that in the
opinion of the Commission such indemnification is against public
policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Company of
expenses incurred or paid by a director, officer or controlling
person of the Company in the successful defense of any action, suit
or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the
Company will, unless in the opinion of its counsel the matter has
been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Securities Act
and will be governed by the final adjudication of such issue.
</FONT>
<P align="center"><FONT size="2">
4</FONT>
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    <TD width="100%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><FONT size="2"><B>SIGNATURES AND POWERS OF ATTORNEY</B></FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the
Company certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form&nbsp;S-8 and has duly
caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Frisco, State
of Texas, on December&nbsp;19, 2002.
</FONT>
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    <TD width="5%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
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    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top" colspan="2"><FONT size="2">
<B>THOUSAND TRAILS, INC.</B></FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD valign="top"><FONT size="2">By:</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
/s/ Walter B. Jaccard<BR>
</FONT><HR size="1" noshade><FONT size="2">
Walter B. Jaccard<BR>
Vice President, General Counsel<BR>
and Secretary</FONT></TD>
</TR>
</TABLE>
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<P align="center"><FONT size="2">
S-1</FONT>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below hereby constitutes and appoints Walter B.
Jaccard as his true and lawful attorney-in-fact and agent, for him
and in his name, place and stead, in any and all capacities, to sign
any and all amendments to this Registration Statement, including
post-effective amendments, and to file the same, with all exhibits
thereto, and other documents in connection therewith, with the
Commission, granting unto such attorney-in-fact and agent full power
and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person,
hereby ratifying and confirming all that such attorney-in-fact and
agent, acting alone, may lawfully do or cause to be done by virtue
hereof.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933,
this Registration Statement has been signed by the following persons
in the capacities and on the dates indicated.
</FONT>
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    <TD width="26%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
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    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<tr><td>&nbsp;</td></tr>

<TR valign="bottom">
    <TD align="center"><FONT size="2">/s/ William J. Shaw
<HR size="1" noshade>
William J. Shaw</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
Chairman of the Board, President and Chief<br>
Executive Officer<br>
(Principal Executive Officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">December&nbsp;19, 2002</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR valign="bottom">
    <TD align="center"><FONT size="2">/s/ Bryan D. Reed
<HR size="1" noshade>
Bryan D. Reed</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
Chief Financial and Accounting Officer<br>
(Principal Financial Officer and<br>
Principal Accounting Officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">December&nbsp;19, 2002</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR>
    <TD align="center"><FONT size="2">/s/ Arthur H. Baer
<HR size="1" noshade>
Arthur H. Baer</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Director</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">December&nbsp;19, 2002</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR>
    <TD align="center"><FONT size="2">/s/ Andrew M. Boas
<HR size="1" noshade>
Andrew M. Boas</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Director</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">December&nbsp;19, 2002</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR>
    <TD align="center"><FONT size="2">/s/ William P. Kovacs
<HR size="1" noshade>
William P. Kovacs</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Director</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">December&nbsp;19, 2002</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR>
    <TD align="center"><FONT size="2">/s/ Donald R. Leopold
<HR size="1" noshade>
Donald R. Leopold</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Director</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">December&nbsp;19, 2002</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR>
    <TD align="center"><FONT size="2">/s/ H. Sean Mathis
<HR size="1" noshade>
H. Sean Mathis</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Director</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">December&nbsp;19, 2002</FONT></TD>
</TR>
</TABLE>
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    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="89%">&nbsp;</TD>
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<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Exhibit</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
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    <TD nowrap align="center"><FONT size="1"><B>Number</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
   <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Exhibit</B></FONT></TD>

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    <TD><FONT size="1">&nbsp;</FONT></TD>
   <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>

</TR>
<TR valign="bottom">
    <TD align="right" valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Restated Certificate of Incorporation of the Company (incorporated by reference to Annex B to the proxy
statement/prospectus filed with the Commission on October&nbsp;3, 1996 as part of the S-4 Registration
Statement, File No.&nbsp;333-13339)</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR valign="bottom">
    <TD align="right" valign="top"><FONT size="2">4.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Amended and Restated Bylaws of the Company (incorporated by reference to Exhibit&nbsp;3.2 to the Form&nbsp;8-B12G
filed by the Company with the Commission on November&nbsp;27, 1996, File No.&nbsp;000-21805)</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right" valign="top"><FONT size="2">4.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Thousand Trails, Inc. 2001 Stock Option and Restricted Stock Purchase Plan (incorporated by reference to
Appendix&nbsp;A to the definitive proxy statement filed with the Commission on September&nbsp;26, 2001 on Schedule
14A, File No.&nbsp;1-14645)</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right"><FONT size="2">5</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Opinion of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Consent of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company (included in
Exhibit&nbsp;5 hereto)</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
    <TD align="right"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Consent of Grant Thornton LLP</FONT></TD>
</TR>

<tr><td>&nbsp;</td></tr>

<TR valign="bottom">
    <TD align="right"><FONT size="2">24</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">-</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Power of Attorney (included as part of signature page hereto)</FONT></TD>
</TR>
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Thousand Trails, Inc
Table of Contents
As filed with the Securities and Exchange Commission on December 19, 2002
Registration No. 333-_____
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
THOUSAND TRAILS, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
75-2138671
(I.R.S. Employer
Identification Number)
3801 Parkwood Blvd., Suite 100
Frisco, Texas
(Address of Principal Executive Offices)
75034
(Zip Code)
THOUSAND TRAILS, INC.
2001 STOCK OPTION AND RESTRICTED STOCK PURCHASE PLAN
(Full title of the plan)
Walter B. Jaccard, Esq.
Vice President, General Counsel and Secretary
Thousand Trails, Inc.
3801 Parkwood Blvd., Suite 100
Frisco, Texas 75034
(Name and address of agent for service)
(
214) 618-7200
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
maximum
maximum
Title of each class of
Amount to be
offering price
aggregate
Amount of
securities to be registered
registered
per share (1)
offering price (1)
registration fee
Common Stock, $.01 par value
650,000 shares
$
9.50
$
6,175,000
$
568.10
(1)
Based on the average of the high and low prices of the Common Stock of
Thousand Trails, Inc. (the "Common Stock") as reported on the American
Stock Exchange on December 18, 2002, pursuant to Rule 457(h) under the
Securities Act of 1933, as amended (the "Securities Act").
TABLE OF CONTENTS
PART I
PART II
Item 3. Incorporation of Documents by Reference
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 8. Exhibits
Item 9. Undertakings
EXHIBIT INDEX
EX-5 Opinion/Consent of Walter B. Jaccard
EX-23.2 Consent of Grant Thornton LLP
Table of Contents
INTRODUCTORY STATEMENT
This Registration Statement on Form S-8 is filed by Thousand Trails, Inc.,
a Delaware corporation (the "Company"), relating to 650,000 shares of Common
Stock, par value $0.01 per share, eligible for issuance under the Thousand
Trails, Inc. 2001 Stock Option and Restricted Stock Purchase Plan (the "Plan"),
approved by stockholders on November 8, 2001.
PART I
INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS
The information requested in Part I of this Registration Statement is
included in the prospectus for the Plan, which the Company has excluded from
this Registration Statement in accordance with the instructions to Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The following documents filed by the Company are incorporated by
reference, as of their respective dates, in this Registration Statement:
1.
Annual Report on Form 10-K for the fiscal year
ended June 30, 2002, filed with the Securities and Exchange
Commission (the "Commission") on September 30, 2002;
2.
Quarterly Report on Form 10-Q for the quarter
ended September 30, 2002, filed with the Commission on
November 14, 2002; and
3.
The description of the Company's Common Stock set
forth in the Registration Statement on Form 8-A12B, filed
by the Company with the Commission on November 25, 1998
(File No. 1-14645), under which the Company registered the
Common Stock under the Exchange Act.
In addition, all documents subsequently filed by the Company
pursuant to Section 13(a), 13(c), 14 and 15(d) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), prior to the
filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all such securities then
remaining unsold, shall be deemed to be incorporated by reference in
this Registration Statement and to be a part hereof from the date of
filing of such documents. Any statement contained in a document
incorporated by reference herein shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent
that a statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so
modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.
Item 5. Interests of Named Experts and Counsel
Walter B. Jaccard, who has delivered to the Company a legal opinion
regarding the validity of the shares of Common Stock registered pursuant to
this Registration Statement, is a Vice President, General Counsel and Secretary
of the Company and he has the right to acquire 72,500 shares of Common Stock
pursuant to other Company option plans.
Item 6. Indemnification of Directors and Officers
Under its Bylaws, the Company must indemnify its present and former
directors and officers for the damages and expenses that they incur in
connection with threatened or pending actions, suits, or proceedings arising
because of their status as directors and officers, provided that they acted in
good faith and in a manner that they reasonably believed to be in or not
opposed to the best interests of the Company (or with respect to any criminal
action or proceeding, provided that they had no reasonable cause to believe
that their conduct was unlawful).
2
Table of Contents
The Company must advance funds to these individuals to enable them to
defend any such threatened or pending action, suit or proceeding. The Company
cannot release such funds, however, until it receives an undertaking by or on
behalf of the requesting individual to repay the amount if a court of competent
jurisdiction ultimately determines that such individual is not entitled to
indemnification.
Section 145 of the Delaware General Corporation Law (the "DGCL") provides
that a corporation may indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative
(other than an action by or in the right of the corporation) by reason of the
fact that such person is or was a director, officer, employee or agent of the
corporation, or is or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise, against expenses (including attorneys'
fees), judgments, fines and amounts paid in settlement actually and reasonably
incurred by him in connection with such action, suit or proceeding if such
person acted in good faith and in a manner the person reasonably believed to be
in or not opposed to the best interests of the Company, and, with respect to
any criminal action or proceeding, had no reasonable cause to believe was
unlawful. A similar standard of care is applicable in the case of derivative
actions, except that indemnification only extends to expenses (including
attorneys' fees) incurred in connection with defense or settlement of such an
action and then, where the person is adjudged to be liable to the corporation,
only if and to the extent that the Court of Chancery of the State of Delaware
of the court in which such action was brought determines that such person is
fairly and reasonably entitled to such indemnity and then only for such
expenses as the court shall deem proper.
The Company has entered into Indemnity Agreements with its directors and
officers contractually obligating the Company to provide indemnification rights
substantially similar to those described above.
Section 102(b)(7) of the DGCL provides that a corporation may eliminate or
limit the personal liability of a director to the corporation or its
stockholders for monetary damages for breach of fiduciary duty as a director,
provided that such provisions shall not eliminate or limit the liability of a
director (i) for any breach of the director's duty of loyalty to the
corporation or its stockholders, (ii) for acts or omissions not in good faith
or which involve intentional misconduct or a knowing violation of law, (iii)
under Section 174 of the DGCL, or (iv) for any transaction from which the
director derived an improper personal benefit. No such provisions shall
eliminate or limit the liability of a director for any act or omission
occurring prior to the date when such provision becomes effective. The
Company's Certificate of Incorporation states that directors shall not be
liable for monetary damages for breaches of their fiduciary duty to the fullest
extent permitted by the DGCL.
The Company also maintains directors' and officers' insurance for certain
expenses and losses.
Item 8. Exhibits
Exhibit
Number
Exhibit
4.1
-
Restated Certificate of Incorporation of the Company (incorporated by reference to Annex B to the proxy
statement/prospectus filed with the Commission on October 3, 1996 as part of the S-4 Registration
Statement, File No. 333-13339)
4.2
-
Amended and Restated Bylaws of the Company (incorporated by reference to Exhibit 3.2 to the Form 8-B12G
filed by the Company with the Commission on November 27, 1996, File No. 000-21805)
4.3
-
Thousand Trails, Inc. 2001 Stock Option and Restricted Stock Purchase Plan (incorporated by reference to
Appendix A to the definitive proxy statement filed with the Commission on September 26, 2001 on Schedule
14A, File No. 1-14645)
5
-
Opinion of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company
23.1
-
Consent of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company (included in
Exhibit 5 hereto)
23.2
-
Consent of Grant Thornton LLP
24
-
Power of Attorney (included as part of signature page hereto)
Item 9. Undertakings
(a) The Company hereby undertakes:
3
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(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act;
(ii) To reflect in the prospectus any facts or events arising after the
effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in this
Registration Statement;
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in this Registration Statement or any
material change to such information in this Registration Statement.
provided, however,
that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
registration statement is on Form S-3, Form S-8 or Form F-3, and the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or furnished to the
Commission by the Company pursuant to Section 13 or 15(d) of the Exchange Act
that are incorporated by reference in the registration statement.
(2) That, for the purpose of determining any liability under the Securities
Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
(b)  The Company hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Company's annual report
pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by
reference in this Registration Statement shall be deemed to be a new
registration statement relating to the securities offered herein, and the
offering of such securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
(c)  Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and
controlling persons of the Company pursuant to the foregoing
provisions, or otherwise, the Company has been advised that in the
opinion of the Commission such indemnification is against public
policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Company of
expenses incurred or paid by a director, officer or controlling
person of the Company in the successful defense of any action, suit
or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the
Company will, unless in the opinion of its counsel the matter has
been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Securities Act
and will be governed by the final adjudication of such issue.
4
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SIGNATURES AND POWERS OF ATTORNEY
Pursuant to the requirements of the Securities Act of 1933, the
Company certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly
caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Frisco, State
of Texas, on December 19, 2002.
THOUSAND TRAILS, INC.
By:
/s/ Walter B. Jaccard
Walter B. Jaccard
Vice President, General Counsel
and Secretary
S-1
Table of Contents
KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below hereby constitutes and appoints Walter B.
Jaccard as his true and lawful attorney-in-fact and agent, for him
and in his name, place and stead, in any and all capacities, to sign
any and all amendments to this Registration Statement, including
post-effective amendments, and to file the same, with all exhibits
thereto, and other documents in connection therewith, with the
Commission, granting unto such attorney-in-fact and agent full power
and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person,
hereby ratifying and confirming all that such attorney-in-fact and
agent, acting alone, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933,
this Registration Statement has been signed by the following persons
in the capacities and on the dates indicated.
Signature
Title
Date
/s/ William J. Shaw
William J. Shaw
Chairman of the Board, President and Chief
Executive Officer
(Principal Executive Officer)
December 19, 2002
/s/ Bryan D. Reed
Bryan D. Reed
Chief Financial and Accounting Officer
(Principal Financial Officer and
Principal Accounting Officer)
December 19, 2002
/s/ Arthur H. Baer
Arthur H. Baer
Director
December 19, 2002
/s/ Andrew M. Boas
Andrew M. Boas
Director
December 19, 2002
/s/ William P. Kovacs
William P. Kovacs
Director
December 19, 2002
/s/ Donald R. Leopold
Donald R. Leopold
Director
December 19, 2002
/s/ H. Sean Mathis
H. Sean Mathis
Director
December 19, 2002
Table of Contents
EXHIBIT INDEX
Exhibit
Number
Exhibit
4.1
-
Restated Certificate of Incorporation of the Company (incorporated by reference to Annex B to the proxy
statement/prospectus filed with the Commission on October 3, 1996 as part of the S-4 Registration
Statement, File No. 333-13339)
4.2
-
Amended and Restated Bylaws of the Company (incorporated by reference to Exhibit 3.2 to the Form 8-B12G
filed by the Company with the Commission on November 27, 1996, File No. 000-21805)
4.3
-
Thousand Trails, Inc. 2001 Stock Option and Restricted Stock Purchase Plan (incorporated by reference to
Appendix A to the definitive proxy statement filed with the Commission on September 26, 2001 on Schedule
14A, File No. 1-14645)
5
-
Opinion of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company
23.1
-
Consent of Walter B. Jaccard, Vice President, General Counsel and Secretary of the Company (included in
Exhibit 5 hereto)
23.2
-
Consent of Grant Thornton LLP
24
-
Power of Attorney (included as part of signature page hereto)