FANLEW  FARMS                                    Office:    318-847-4170
                       351 Avera St                                                Anna:      352-342-5737
                       Sarepta,  LA 71071                                       Ray:        318-578-1866  

                                            2013 Stallion Breeding Contract

This contract made and entered into by and between Fanlew Farms, Agent (seller),
_______________________,  (Buyer), owner or agent of the _____ Thoroughbred mare
named _______________________________. In consideration of the stud fee to be paid
hereunder, Fanlew Farms agrees to breed the above described mare in the 2013 breeding
season to the Stallion Smooth Air standing At Fanlew Farms for a stud fee of Complimentary
U.S. Dollars payable as follows:

 A. Live foal guarantee. Due in full when the foal stands and nurses unaided, except as
       otherwise provided herein.   
 B. No live foal guarantee.
 C. Live foal guarantee.     Due on _____________________.

                                          On the following terms and condition:

1.      Buyer warrants that the mare is a Thoroughbred and shall be healthy and in sound
        breeding condition which fact a qualified veterinarian shall certify before the mare is
        bred. It is understood and agreed that the farm manager reserves the right to refuse to
        permit the breeding of any mare to the stallion. It is further agreed that neither party shall
        be liable or responsible to the other for any disease, accident, injury or death to the
        mare or stallion.
2.      This contract is personal to the buyer and may not be assigned or transferred by the
        buyer. In event the mare is sold, changes ownership, is catalogued and transferred to a
        sales facility, or transported out of the Continental United States, any fee which is
        unpaid shall become immediately due and payable and no refund shall be due to buyer,
        regardless of the nature of the unpaid fee, ex. live foal basis.
3.      If buyer defaults in the payment of any sum due and such default continues for 30 days or
        if buyer fails to timely provide any certificate required by this contract, this contract
        shall become a no- guarantee contract basis are not refundable in any case except as
        specifically provided herein.
4.      In the event the stallion dies, is sold, is removed by his owners to another farm, or for
        any reason becomes incapable of service before covering the mare, or if the mare dies
        or becomes unfit for breeding and a veterinarian’s certificate to that effect is
        immediately delivered to Fanlew Farms, then this contract from that date shall be null
        and void, and neither party shall owe any further duty to the other hereunder.
5.      If the stud fee under this contract is contingent on the mare delivering herself of a live
        foal as above defined, and if the mare fails to conceive, slip, or delivers a foal that
        cannot stand and nurse unaided, Buyer shall in the first instance forward to Fanlew
        Farms a copy of the veterinarian’s 60 day examination showing the mare is barren, and
        in the latter two instances a veterinarian’s certificate to the effect that the mare aborted
        or delivered such a foal, in each event within 10 working days of the veterinarian’s
        examination. Failure to strictly comply with the term of this paragraph will result in the
        stud fee being payable when due, notwithstanding any other provision of this contract.
6.      It is agreed that payment in full is a condition of the delivery of the stallion service
        certificate by seller to buyer. Buyer grants seller a security interest in the stallion
        service certificate and any foal in-utero or born alive, as a result of the aforesaid
        breeding in order to secure payment of amounts due or to become due hereunder or for
        boarding any horse owned by buyer, buyer hereby irrevocable appoints Seller as
        his/her/ its attorney-in-fact to execute and file Financing Statements on Buyer’s behalf to
        perfect or evidence this security interest.
7.      In the event a dispute between the parties hereto arising out of this Contract is submitted
        to a court of competent jurisdiction, to arbitration, to mediation, or to any combination
        thereof for resolution, the prevailing party shall be entitled to all costs of such
        proceedings, including attorney’s fees.
8.      All mares arriving at Fanlew Farms MUST have a halter or neck strap with a name plate
        or identification tag.
9.      If your mare will be staying at Fanlew Farms to be bred; dry mares are $18.00 per day
        and wet mares are $20.00 per day. Stall rates and special care rates vary.  All mare
        care fees must be paid before the mare(s) departure from Fanlew Farms.
10.    Do we have permission to tranquilize this mare if necessary?     YES         NO      
11.    This Contract shall be construed according to the laws of the State of Louisiana, to the
        exclusion of the laws of any other jurisdiction. Venue for any proceeding hereunder
        shall be Webster Parish, Louisiana.
12.    The parties acknowledge that this contract constitutes the entire agreement between the
        parties and that neither party is relying upon any oral settlements of whatever nature not
        contained and expressed in the Contract. Buyer acknowledges that Seller makes no
        representations or warranties, express, or implied, as the merchantability or as to the
        fitness of the stallion or his semen for any purpose.

This contract shall become null and void and of no effect unless signed and returned to seller
prior to June 30, 2013.

IN WITNESSETH WHEREOF, the parties have set their hands to duplicate copies of this

Signature _________________________        Seller: _________________________
Fanlew Farms, Agent:_________________________________________________                
Address:________________________                   Date: ____________________


Email:  _________________________

                  The 2012 Breeding Season, for the purpose of this contract is from
                                       February 15, 2013 until July 1, 2013
351 Avera Street
Sarepta, LA 71071
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