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Bell Tower Stud, LLC & Apex Equine.

Frozen Semen Contract

This contract, made by and between Bell Tower Stud, LLCand Apex Equine (Owners)and_______________________________________ (MareOwner) for the breeding of the Mare____________________________________________ usingFrozen Semen ONLY to the RID stallion___________________(Stallion) for the 20____ Breeding

Season (Present Breeding Season) is subject to the followingconditions:

FEES:

Mare Owner agrees to pay the owners the following fees:

A) A non-refundable deposit of $______________ at time ofsigning this contract.

B) The oustanding non-refundable stud fee of$________________ is due prior to the shipping and is for thepurchase of, up to two single doses.

C) A container deposit of $500.00 that is refundable at theend of the contract less any additional charges fortransportation, preparation, container rental and late fees.

($___________ per shipment average). Mare owner is fullyresponsible for any and all shipping expenses.

D) A non-refundable single dose fee of $500.00 per dose willbe charged for any doses used after the two purchased

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under this contract. The Owners have the sole rights torefuse or limit the purchase of additional doses.

ALL FEES AND COSTS MUST BE PAID IN FULL TO

APEX EQUINE BEFORE SEMEN WILL BE SHIPPED

SEMEN TRANSPORTATION:

A 48-hour notice is appreciated, 24-hour notice is requiredon all semen orders. Semen is shipped Monday throughFriday of each week (excluding holidays).

CONDITIONS : Mare Owner warrants that said mare isfree from disease or infection, and agrees to provide and payfor a veterinary certificate, showing such freedom of diseaseand infection. Mare Owner also warrants that said mare is insound breeding condition.

RETURN OF SERVICE : This contract allows for up to, butnot exceeding, two doses per stud fee. On paying of the fees

arrangements will be made to ship a single dose to the mareowners vet. If the Mare is barren, aborts, or fails to produce asingle live foal that can stand up alone and nurse (LiveFoal), Farm will release to Mare Owner the second dose tothe contracted Stallion either the same or the next breedingseason only, provided the Mare Owner furnishes asatisfactory certificate issued by a licensed veterinarianattesting to such fact within 30 days of the attempted

breeding of barren mare, the abortion, or the natural deathof the foal. If after the use of both doses a Live Foal is notborn the Owners will offer to the mare owner the choice ofpurchasing a third additional dose at $500.00..

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RETURN OF FEES : The fees under this contract are non-refundable.

NON-ASSIGNMENT : This contract cannot be assigned ortransferred by Mare Owner. There shall be no right of returnto the Stallion if the Mare is sold or otherwise changesownership after having executed the signing of this contract.

WARRANTY : The Owners are not responsible for lost,delayed, or damaged semen and makes no representation orwarranties of any kind with respect to any semen furnished

hereunder except that it is the Stallions.

ALL WARRANTIES FOR MERCHANTABILITY AND

FITNESS FOR PURPOSE ARE HEREBY EXCLUDED.

GOVERNING LAW:

This contract shall be governed by the laws of the State ofNorth Carolina and shall be binding upon the parties hereto

and their personal representatives.

Witness the following signature:Mare Owner:

_______________________________________Date:_________________

Owners Agent:

________________________________________Date:_________________