2010 BREEDING SEASON

FEBRUARY 1 - JULY 1

This breeding contract entered into on this_____ day of __________, 2010 by and between ________________________, referred to as the Mare Owner and North Forty Ranch, referred to as Breeder.

Mare Owner agrees to breed the following Mare:

            Registered Name:       ____________________________

            Breed:                         ____________________________

            Registration:                ____________________________

To the following Stallion:       Sensational Nick

            Breed:                         APHA

            Registration #:             250,000

Subject to the following conditions:

1.     The breeding fee for Stallion is $750.00, which includes a non-refundable booking fee of $200.00 payable when this contract is signed and returned by the Mare Owner to

      North Forty Ranch.  There will be a discount on Stallion fee, $75.00, if booked  before December 31, 2009.

2.      All unpaid board and expenses pertaining to said Mare will be due and payable

      at the time said Mare leaves North Forty Ranch. Breeder requires 48 hours

      advance notice when mare Owner wishes to remove his/her Mare from North

      Forty Ranch to give Breeder sufficient time to prepare the final statement so mare owner may settle his/her account. The mare will not be released to the Mare Owner or his/her representative until all fees are paid in full.

3.      Board for said Mare shall be as follows:

      Wet (with foal) $9.00 Day----Dry (without foal_$8.00 Day.

4.      Breeder will exercise judgment consistent with recognized standards in the

      care and supervision of Mare and/or any accompanying foal and Breeder will

      arrange for attending veterinarian and farrier services as necessary for the health

      and safety of the Mare and/or any accompanying foal. This includes such

      reasonable services as worming, treatment for disease and  infection, preventative measure, original examination, pregnancy check and palpations. North Forty

      Ranch will make every effort to contact Mare Owner if such Veterinary Care is  

      needed. Mare Owner will pay all veterinary and farrier expenses.

5.      The following documents shall be furnished to Breeder upon Mares arrival at      North Forty Ranch:

       a.  A photo copy of Mares registration papers (both sides).

                   b.  A photo copy of Mares worming and immunizations records,

                 (Breeder reserves the right to refuse the Mare if not in satisfactory condition,

                  as deemed by Breeder).

                   c. A current Coggins Test.

If these documents are not present upon Mares arrival, Breeder shall have the attending veterinarian make proper test and evaluations at Mare Owners  Expense.

6.      Mare must be halter broke and manageable. In the event Mare attempts to kick Stallion during  breeding, suitable restraints will be utilized. If the breeding cannot         be accomplished safely, the Mare will not be bred.

7.      Rear shoes are to be removed before the Mares arrival.

8.      It is preferable to bring the Mare for service one or two days before her heat

      cycle begins. It should be made known by Mare Owner to Breeder if the Mare is

      known to have short cycle (one or two days) or has silent heats. If there should

      be two breeding cycles with no resulting embryo, Mare Owner will be required to have Mare veterinary checked for possible uterine tract infections before there

     will be any further covers. Should a veterinarian find the Mare to be barren after breeding, the Mare may receive more covers until the end of the current breeding season for no cost of additional stallion fee. In such a case, Mare Owner may substitute another mare, subject to the approval of Breeder, at any time during the breeding season.

9.      Breeder shall not be liable for injury, sickness or death of the Mare and/or any accompanying foal, regardless of how it may occur.

10.  This contract contains a live foal guarantee. A live foal shall be defined as a foal

      that shall stand and nurse without assistance and survive the first 24 hours. If the

      Mare aborts her foal, the foal is stillborn or said foal does not survive longer than

      24 hours, a return season will be guaranteed for the following year only, provided

      the proper notification is given to Breeder of the loss.

a.       Proper notification shall be defined as written certification by licensed 

      veterinarian within 7 days from the date Mare is proved not to be in foal or

       loses her foal.

      Failure to provide notification as set forth above shall void the live

      foal guarantee.

b.      This live foal guarantee shall not cover death of the foal due to neglect or 

      deliberate destruction except for humane euthanasia.

c.       The live foal guarantee shall be void if Mare is abused, participates in a race,

      race training or a racing event, or otherwise participates in hazardous activity

      after being pronounced safe in foal.

d.      The live foal guarantee shall be void if Mare looses, aborts due to Endophyte-Infected Fescue

      Grass. Mare should not be given (EI) 90 days prior to foaling date.

e.       Booster rhino pneumonitis vaccinations must be administered as indicated by     the Mare Owners Veterinarian as the mare progresses through her pregnancy.  Failure to do this will void the live foal guarantee.

f.       Live foal guarantee applies only if Mare is checked in foal by a licensed veterinarian and Mare Owner further understands and agrees that there will

      be no guarantee of a live foal if Mare leaves North Forth Ranch on or before

      being checked safe in foal by the attending veterinarian.

g.      Mare Owner understands and agrees that North Forty Ranch shall not be

      held liable for the loss, abortion or death of said foal.

   11.    The breeding season in force for this Contract shall begin February 1, 2010

           and close July 1, 2010.

  12.   A Breeders Certificate shall be issued to Mare Owner only after Mare

          Owner Notifies Breeder that said Mare has produced a live foal and only

          after full payment of all bills due on said Mare in connection with said breeding.

  13    Mare Owner will be solely responsible for seeking registration of the resulting 

          Foal in the appropriate breed registry (s), and pay all associated fees and/or

          expenses.    

  14.   Should the stallion die, be sold or become unfit for service as determined at

          the sole discretion of North Forty Ranch, a refund minus the Booking Fee

          deposit will be given, thereby canceling this entire contract. In no other case is

          the breeding fee refundable. 

   15.    Mare Owner understands and accepts the risks of breeding and pregnancy   and agrees to hold Breeder and all affiliated agents harmless and release from liability in connection with this breeding including, but not limited to, all injuries, death, sickness, damages, and personal  property damages, including consequential damages, caused to the Mare and/or foal or losses that Mare Owner may sustain arising out of the breeding of the Mare that may accrue from any cause whatsoever during the term of this Contract.

                16    Breeder agrees to hold Mare Owner and all affiliated agents harmless and 

                        release from liability in connection with this breeding including, but not limited   to, all injuries, death, sickness, damages, personal property damages,          including consequential damages caused to the stallion that the Breeder may

                        sustain arising out of the breeding of  the mare that may accrue from any

                        cause whatsoever during the term of this Contract.

    17.   This Contract is not assignable or transferable and constitutes the entire     agreement between the parties. No other agreement or promises, verbal or implied, are included unless specifically stated in this written Contract.

    18.   Mare Owner warrants being the owner or a duly authorized agent of the designated Mare and acknowledges to have had sufficient opportunity to

            read this entire document and understands the content. Once signed, this

            Contract will then be binding on both parties, their respective heirs, legal     representatives, successors and assigns.

     19.  This Contract is entered into, and shall be interpreted and enforced under,

            the laws of the State of North Carolina. Should it be necessary for Breeder

            to employ an attorney to enforce any of the terms of this Agreement, includingcollection of money owed to breeder, Mare Owner shall pay all reasonable attorneys fee, cost of suit and other expenses reasonably related

            to enforcing this Agreement.

     20.   All charges and fees incurred in connection with the Mare (and foal), must

             be paid in full before Mare (and foal) may be removed from North Forty

            Ranch. Failure to pay charges and/or fees may result in the Mare (and foal)

            to be sold in accordance with the Livestock Service Lien Law.

Mare Owners Signature: ____________________________________

Date: ____/____/_______

Breeders Signature: _______________________________________

Date: ____/____/_______

Mare Owner: ____________________________________________

Address:        ____________________________________________

City:              ____________________________________________

State:             ____________________________________________

Phone:           ____________________________________________

Cellular:        ____________________________________________

Email:           ____________________________________________

Please complete and return both signed copies to Breeder along with payment of

breeding fee _________.

Breeder will sign and return an original to you.

Gail Pearce

North Forty Ranch

Louisburg, NC 27549

Phone: 919.495.2352 

www.northfortyranch.com     Email:  northfortyranch@hotmail.com