SHIPPED SEMEN CONTRACT FOR MARE

THIS AGREEMENT is made by and between _____________________________________________, residing at_____________________________ ___________________________________________, hereinafter referred to as "Owner of Mare" and Black Rose Cutting Horses, located in Livermore, Colorado.

1. Stallion and Mare: Black Rose Cutting Horses is the owner of stallion: ____________________________________________,Reg. No____________, and Owner is the owner of the mare named____________________________________, described as a (markings)____________________________________________ mare, foaled in __________, by sire, ___________________________ Reg. No.____________________ and, out of dam,___________________ ______________________, Reg. No.__________________ due to foal ___________, 20___.

2. Booking:. Upon payment of $_____________booking fee, Owner of Mare desires to contract with Black Rose Cutting Horses for one season’s semen shipment from __________________________________ (Stallion), on ____________, 20___, for the services of the mare.

3. Fees: It is agreed as follows: a. Upon payment of $_________________dollars Breeding fee, and a $__________management, handling and shipping fee, which are non-refundable, Black Rose Cutting Horses does hereby reserve for the Owner of Mare one season’s breeding from ______________________________(stallion), semen shipped for the services of the mare. b. This signed contract, registration papers and the full remittance fees must be received by breeder, before shipment of said semen. c. The shipping fee will also be required for any subsequent shipment of semen.

4. Health/Other Requirements: I (We) understand and agree that: a. (1) The mare should be checked by ultra-sound methods, performed by a qualified Veterinarian prior to having semen shipped. (2) A qualified veterinarian should be used in the procedure of artificial insemination of said mare. b. If mare does not settle after the first shipment of semen, a positive breeding soundness report, along with a healthy uterine culture report, processed by a licensed Veterinarian, must be received by Black Rose Cutting Horses, before the second shipment will be issued. c. A licensed Veterinarian shall handle the shipped semen, if the mare has not settled after the second shipment of semen. Failure to comply with the above conditions will, automatically, void guarantees listed in item No. 6, herein.

5. Liability: I (We) understand and agree that: a. Black Rose Cutting Horses shall not be liable for Breeding Fees, if Owner of Mare does not use qualified staff to perform the procedure of artificial inseminating said mare. b. Black Rose agrees to sign all papers/forms necessary to register the foal produced. c. A Licensed Veterinarian shall handle the shipped semen, if the mare has not settled after the second shipment of semen. Failure to comply with the above conditions will, automatically, void guarantees listed in item No. 6, herein.

6. Return Breeding:. Black Rose Cutting Horses guarantees a return breeding the following season provided the requirements listed above are carried out, by evidence of written statement from the performing veterinarian; and the stallion is able to service semen for mares, either for said mare or an approved substitute should a live foal not result from this shipment. For the purposes of this Agreement, a live foal shall be one that stands and nurses without assistance. This is to be evidenced by a written statement from a qualified Veterinarian. In the event the stallion is not able to re-service a new shipment for said mare, Black Rose Cutting Horses may substitute another stallion, at Owner of Mare's option, for a new service to said mare or substitute thereof.

7. Assignment.: This contract shall not be assigned or transferred by either party hereto without the consent of the other. If the mare is to be re-bred and Owner of Mare fails to deliver her for breeding the following year, then any and all fees paid shall not be refundable and this contract is thereby canceled.

8. (a) Governing Law:. This Agreement is governed by and in accordance with the laws of the State of Colorado. Any legal action must be brought in Larimer County, Fort Collins, Colorado. OR (b) Arbitration:. The parties to this Agreement mutually agree that any and all disputes arising in connection with this Agreement will be settled and determined by binding arbitration conducted in accordance with the then existing rules of the American Arbitration Association by one or more arbitrators appointed in accordance with said rules. Said arbitration shall take place in Fort Collins, Colorado.

9. Entire Agreement.:This constitutes the entire Agreement between the parties. Any modifications or additions MUST be in writing and signed by all parties to this Agreement. No oral modification or additions will be considered to be part of this Agreement unless reduced to writing and signed by all parties.

SHIPPING INSTRUCTIONS:

Attention: ______________________________Address:_________________________________________City:______________________State________Zip_____

______________________________________________________ _____________________________________________________________

Breeder’s Signature Mare Owner’s Signature.

______________________________________________________ _______________________________________________________________

Print Name Print Name

_______________________________________________________________

Owner’s Phone

________________________________________________________________

Mare Owner’s Address

Please complete contract in its entirety, sign and mail to above address with full remittance fees. We will return a copy with all signatures and receipt for your payment.