This contract entered into on the date of acceptance, by and between the listed owner or authorized lessee of this horse, hereinafter referred to as "owner", and Ronny or Michelle Stallings, hereinafter referred to as "trainer", who mutually agree to the following terms and conditions:
       
     Section 1.  Agreement.  During the term of this contract and during any return, trainer will provide and perform all services in accordance with generally accepted standards, including, but not limited to hiring a veterinarian, farrier and/or other non-certified equine specialist, for owner's horse, at owner's expense.  Monthly training fees  include a fixed amount charged for training, conditioning or behavioral modification and board (two meals per day, water, grooming and bedding) only.  Veterinary charges, farrier and other equine specialist fees, or supplements (at trainer's discretion) are at an additional cost.  Note: show horses are generally wormed every 30 days due to possible parasite infestation of stalls at shows and horses are trimmed and/or shod every 4 to 6 weeks, at the trainer's discretion.  Business hours are Monday through Friday from 9 a.m. to 5 p.m. and Saturdays from 9 a.m. to noon.  All fees are subject to change with thirty (30) days written notice.  Riding, handling or showing lessons are available at $50 per hour by appointment only.   Other services, such as video and photography sessions, are available on request at an additional charge.  All photography, videos and advertising done through the ranch is copyrighted and may not be reproduced without written permission from the trainer.  Owner may elect to sell this horse while it is in training and trainer will list said horse on their web site and assist with said sale.  Trainer receives a 10% commission on the gross sales amount if said horse is sold while this contract is in force and within 90 days thereafter to cover reciprocal sales traffic they have created through their advertising and sales program.   

     Section 2.  Insurance.  Responsibility for insurance and risk of loss passes to the horse owner with this contract.  Owner assumes the unavoidable risks inherent in all horse-related activities including, but not limited to accident, theft, illness, death, loss, damage and injury to the horse, owner, owner's family and friends that may accompany owner on trainer's premises or to equine events.  Owner agrees to look solely to his/her insurance, if any, for compensation for any such loss, and further agrees to indemnify and hold harmless, the trainer, his/her family, agents or employees.  Trainer recommends that owner acquire a comprehensive full mortality, major medical and automatic renewal policy to protect owner's horse.
       
     Section 3.  Horse Shows.  Unless specified to the contrary herein, trainer will have horse exhibited at shows chosen for their most likely benefit to the horse.  All show fees, including, but not limited to fees for entries, stalls, bedding, round-trip mileage and day fees for horse show preparation, showing and expenses at the show will be billed to owner monthly.  Owner will receive all trophies, belt buckles, ribbons and other awards won by said horse and will be responsible for providing horse blankets and show equipment for any youth or amateur classes.  A copy of the horse's original registration papers must accompany this contract.
       
      Section 4.  Invoices.  Invoices are due and payable by the 10th of each month to avoid an 18% per annum late fee.  Owner's account must be paid in full by cashier's check or bank wire transfer prior to taking possession of the horse.  Owner will give trainer thirty (30) days written notice of his/her intent to terminate this month-to-month contract, which will afford trainer the opportunity to solicit a suitable replacement and prepare a final bill.  Training fees are calculated on a per month basis.  Partial months are invoiced at $30 per day.  Price are subject to change with thirty (30) days written notice.  Payments past due thirty (30) days will be considered a default and trainer is entitled to possession, and an unencumbered stablemen's lien against the owner's horse.

     Section 5.  Fees and Stipulations. 

__ $ 600.00 per Month for Halter Training **(Price may vary per contract.)
     
__ $ 700.00 per Month for Riders **(Price may vary per contract.)
 
     $ 0.45¢ per Mile for Round-trip Mileage/Hauling.

     $ 40.00  per Day for Horse Show  Day Expenses.

Owner's signature on this contract certifies and attests to the fact that the owner has read and fully understands all of the terms and conditions outlined herein, and accepts this contract as a legal and binding instrument on behalf of owner, owner's heirs, successors and assigns.  This agreement constitutes the entire agreement between the parties.  No other agreements, whether verbal or implied, are included.  This contract may not be transferred or assigned.  In the event it becomes necessary to refer debts arising from this contract to an attorney for collection, or if suit is instituted hereon, owner agrees to pay all reasonable court costs and attorney's fees incurred in the suit or collection.  Owner further agrees that this contract is made and entered into, in the County of Denton, State of Texas and that it shall be interpreted, transacted and enforced under the laws of said state and within the designated county, regardless of the manner or location of solicitation.

Stallings Paint Horses
Ronny and Michelle Stallings - 2422 Dr. Sanders Road - Aubrey, TX  76227
(940) 365-2860    -  E-Mail:  Info@stallingspainthorses.com
 

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