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Red Bluff Morgan Horse Stud - Contracts FIXED
PURCHASE PRICE OPTION ON FOAL FROM MARE BRED 1. RED BLUFF MORGAN STUD refers to the stud owned by JENNIFER M BIRD 2.Horses
registered in the name of Jennifer M Bird are under the jurisdiction of
Jennifer M Bird on and for Red Bluff Morgan Stud. 3.
To nominate a foal, either filly or colt, or request to breed a RED BLUFF MORGAN
STUD owned mare to a particular stallion either owned by the stud or another
Stud, the following agreement shall secure the first option right, at a fixed
price, for the resulting foal. HOW
IT WORKS 1.
A deposit on signing of $2,000 secures you the option of purchase on the foal
of your preferred sex, from the nominated mare. If the resulting foal is the
nominated sex, a further $2,000 is to be paid when the foal attains three
months of age. If not, the Deposit of $2,000 will be refunded within five
working days, and the contract is cancelled. The balance of
$................. is payable at weaning/delivery at
..months of age, prior to the foal leaving the stud. 2.
The purchaser is required to insure the foal for death, injury and loss of use
at the age of three months for the full purchase price balance in the name of
the vendor. 3.
If the foal dies before attaining the age of three months the original $2,000
will be refunded in full within five working days, and the contract will be
cancelled. 4. If the foal born is not of the sex nominated the deposit will be refunded in full or if desired, transferred to a foal of the desired sex from another mare if the foal is not under a FIXED PRICE OPTION CONTRACT.
NOMINATING
A MARE TO BE BRED TO AN OUTSIDE STALLION 1.Mare/s
nominated to be bred to an outside stallion require to be insured from the
time the mare leaves RED BLUFF STUD for $.................... in the owner's
name. 2.
All fees for service, transporting, agistment and veterinary care are to be
met by the option holder, up front, to the Stud providing service. An ultra
sound of no less than 45 days positive must be gained prior to the mare
returning to RED BLUFF STUD. 3. The resulting foal of either sex must be
purchased at the fixed/agreed price as per contract. 4.
In the event the mare does not conceive within three heat cycles, or fails to
produce a live foal, or produces a deformed foal, the deposit of $2,000 will
be forfeited to the mare owner. A
live foal guarantee contract may not be entered into with the stud providing
service. All
breeding certificates must be completed by the stud and mare owner and A.M.H.A.
REGISTRATION PAPER WORK [Stallion Report Form and Registration form] must be
signed by the owner/s of the stallion providing service, and a copy given to
the mare owner. All
veterinary attention, requirements, and costs for the mare and foal to be met
by the option holder. determination
and remain under the supervision of RED BLUFF MORGAN STUD until
the foal is weaned/delivered, unless
otherwise arranged. The
mare is to be hand served only. All intrusive work on the mare must be
conducted by a qualified and experienced equine specialist veterinarian,
nominated and approved of by RED BLUFF MORGAN STUD. The
mare is to be ultra sounded at 16 days post service to determine
twinning/abnormalities, and the mare owner informed of action intended. Breeding
on foal heat to be done in consultation with the nominated veterinary surgeon. THE
CONTRACT 1.
The following contract is to be read and signed with adoption of all relevant
notes made in FIXED PURCHASE PRICE OPTION ON FOAL FROM MARE BRED attachment. JENNIFER
M BIRD, as owner of RED BLUFF MORGAN STUD agrees to
___________________________________________ [name of option taker] of
___________________________________________ [address] ___________________________________________
[phone ___________________________________________
[fax ___________________________________________
[email Securing
a fixed price option of a _________________or ___________ [nominate sex
preference] from the named mare___________________________________ AMHA
Registration No.______________________Blood type
No.____________ bred to the named stallion
_____________________ AMHA
Registration No.___________________________Blood
type No.________ Made
in the following time periods. $2,000
on signing agreement. $2,000
at three months of age Balance
of $............................. on weaning/removal from stud, providing all
requirements of the above agreement has been met. (a)In
the event the foal is not the specified sex nominated, the $2,000 deposit will
be refunded in full within five working days. Clause
(a) DOES NOT APPLY TO mares bred to out side stallions. All
parties have read and adopt all points contained in 1. FIXED PURCHASE PRICE
OPTION ON FOAL/S FROM MARE Signed
.Owner of mare. Date
Signed
..Option
holder.Date
... Witness
Date
..
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