Bracken Quarter Horses Sophistication Only BREEDING CONTRACT

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BREEDING CONTRACT This contract, made and entered into this day of,2018, by and among Bracken Quarter Horses Agent ("Agent" or "Farm") for, and Mare Owner or Lessee ("Mare Owner"). All rights and responsibilities between the parties for the 2018 breeding season are set forth in this contract. 1. Mare Owner agrees to breed the mare named Registration #, Breed, (the "Mare"), to the Stallion, Registration # 4539605, Breed AQHA, ("Stallion"), during the 2018 breeding season (commencing February 1, 2018 and ending on July 1,2018). 2. Mare Owner shall pay a breeding fee of $ 1500.00 (USD) which includes a non-refundable booking fee of $500.00(USD) to have mare bred to Stallion in 2018 upon signing of this contract. In accordance with Indiana law, a 6% sales tax will be assessed on the breeding fees for all in state mares. Mare Owner shall pay the breeding fee prior to receiving shipped semen or prior to the mare departing the farm. 3. Mare Owner agrees to pay for care and feeding while in the custody of Farm at $15.00 per day for dry mares and $20.00 for wet mares. Show mares may be boarded for breeding purposes at $25.00 per day which includes daily grooming, exercise and/ or turnout. A foaling fee of $375.00 shall be charged if mare delivers a foal at the Farm. Invoices shall be sent on a monthly basis. Mare owner has inspected the Farm and is satisfied with same as evidenced by signing below. 4. If a rebreed occurs, a $250 rebreed fee will occur 5. The following charges apply to Domestic Cooled Shipped Semen. International charges by quote: A. FedEx or UPS per next day shipment: $325.00 B. * * Counter to Counter per shipment: $375.00 These rates include all outbound FedEx or UPS fees, container rental or disposable containers. All semen that is shipped by whatever method shall be fully tested and a control sample shall be maintained at the farm. 6. Mare Owner warrants that the mare is healthy, in sound breeding condition, is halter broke and registered with the breed association shown above. Agent retains the right to require a negative uterine culture or equine cytology with sensitivity test for maiden and/ or barren mares or any a mare requiring more than three (3) semen shipments in a breeding season. A current, legible copy of the mare's registration papers must be attached to, and will become a part of, this Agreement. 7. All parties agree to diligently try to settle Mare. Should Mare not settle, Mare Owner will hold Agent and Farm harmless from any resulting loss or damages. Farm shall not be liable for any injury, sickness, disease or death of Mare or her offspring arising from the exercise of the breeding rights and privileges granted herein. Insurance is the responsibility of the respective parties to this Agreement. Also, Mare Owner agrees by signing below that Agent is authorized to consult with and obtain direction of a licensed veterinarian with regard to the care of the mare. Further, Mare Owner hereby authorizes Agent to obtain and follow a licensed veterinarian's directions with regard to the mare and fully releases and holds harmless Agent, the Farm, their respective officers, directors, employees, agents representatives, assigns affiliated persons, and/or others acting on their behalf. 1

8. Unless approved by Stallion Owner in writing, the LFG "Live Foal Guarantee" shall be void and Stallion Owner released from liability if Mare is sold prior to foaling. Contractual guarantees can only be extended by Stallion Owner in writing to third parties. The LFG shall be conditioned upon compliance by Mare owner of all conditions set forth in this Contract. Stallion Owner hereby guarantees to Mare Owner that a single, live foal will result from the privileges granted herein. "Live Foal" means that the foal will stand and nurse. It is further agreed that should the mare die, prove barren, abort the foal, or if the foal is stillborn, Mare Owner is entitled to a return service for the subsequent breeding season only to Stallion, provided that Mare Owner has remained in compliance with the terms and conditions set forth herein and all outstanding accounts with regard to the rights and privileges granted herein are paid in full. If Stallion dies, sells or becomes unfit to breed before mare is bred, Stallion Owner shall have no liability to Mare Owner except notification of its occurrence. Should Stallion die, sell or become unfit to breed before mare is bred, then frozen semen, if available, shall be used to fulfill the contract. Refunds will be given at the sole discretion of Stallion Owner. If The Mare dies during breeding season, Mare Owner may substitute another mare upon written approval of alternate mare by both parties to this Contract. Stallion Owner shall be released from the LFG and the LFG shall be void if : a. Mare Owner fails to notify Bracken Quarter Horses within forty-eight (48) hours after the time of foaling that a live foal was not produced; and b. Within fourteen (14) days after such event, Mare Owner has not provided certification that foaling was properly attended and produce a veterinarian's statement substantiating the failure of the mare to produce a live foal; or c. The Mare is sold without notice to Stallion Owner. 9. At Mare Owner's request, Stallion Owner may issue a breeding certificate after the Mare's sixty (60) day pregnancy check by a licensed veterinarian and determined to be "safe in foal." However, all charges must be paid in full prior to issuance of the breeding certificate. Mare Owner shall not sell or assign this breeding contract without prior written consent of Stallion Owner. There shall be no substitution of mares without the express written consent of Stallion Owner. Any attempt to assign or substitute without prior written consent of Stallion Owner will terminate this Agreement and release Stallion Owner from all obligations contained herein. 10. If more than one embryo results from a breeding during embryo harvesting, Mare Owner must pay an additional Stallion Service fee within sixty (60) days of confirmed pregnancy in order to receive a certificate for the additional foal(s). However, if Mare has a twin birth resulting in two foals that stand and nurse an additional breeding certificate will be issued. 11. WARRANTY. NO WARRANTIES WHATSOEVER, EXPRESS OR IMPLIED, SHALL ACCOMPANY A BREEDING TRANSFERRED BY THIS AGREEMENT. NO GUARANTEE OF DELIVERY OF SHIPPED SEMEN WITHIN A CERTAIN TIME PERIOD OR GUARANTEE THAT SHIPPED SEMEN WILL SAFELY REACH THE INSEMINATION POINT OR WILL BE THAWED WITHOUT LOSING SOME OF ITS INTEGRITY, QUALITY OR CHARACTERISTICS IS GIVEN BY THIS AGREEMENT. 12. INDEMNIFICATION: Mare Owner shall be solely responsible for all acts and behavior of Mare at all times during this Agreement. In no case shall Agent, Bracken Quarter Horses, and their respective officers, directors, employees, agents representatives, assigns affiliated persons, and/or others acting on their behalf be liable for the acts and behavior of Mare other than in the exercise of gross negligence or willful and wanton misconduct on the part of Agent in breeding, handling and/ or keeping of the Mare. Mare Owner also hereby agrees to indemnify and hold Agent harmless against all damages sustained or suffered by any third person that were caused by the acts of the Mare or her foal. 2

13. RELEASE AND HOLD HARMLESS: Mare Owner understands that every reasonable effort to ensure a safe delivery will be utilized. Mare Owner agrees to release and hold harmless Farm, Agent and their respective agents, employees, representatives, assigns, affiliated persons, and/or others acting on their behalf from liability for ordinary negligence relating to any and all injuries, damages, personal property damages or losses that Mare Owner may sustain arising out of the breeding, handling, foaling or keeping of the Mare at Bracken Quarter Horses that may accrue from any cause whatsoever including, but not limited to, theft, fire, escape, running away, accidents, illness, injuries or death during the term of this Agreement or while mare is in the care and custody of Bracken Quarter Horses. 14. This Agreement shall be construed in accordance with the laws of the Commonwealth of Indiana and will inure to the benefit of the heirs, personal representatives, successors and permitted assigns of the parties. Mare Owner irrevocably and unconditionally submits to the personal and subject matter jurisdiction of Indiana and to Johnson County in particular. All venue objections are waived. Should Bracken Quarter Horses resort to legal action to enforce the terms of this agreement, Bracken Quarter Horses shall be entitled to all legal fees, costs and expenses should a dispute arise between the parties. 15. This Agreement represents and constitutes the entire agreement between the parties. This Agreement shall not be altered except in writing and accompanied by the signature of both parties. The parties signing below represent that they are fully authorized to execute this Agreement. 16. The Mare will not be bred to the Stallion without a fully signed copy of this Agreement as well as the appropriate documentation having been received and approved by Agent. 17. Mare Owner understands and agrees that Farm shall assert a lien pursuant to Indiana law and other applicable provisions of law. Mare will not be released from Farm's custody until fees are paid in full. Stallion Owner or Agent Date Mare Owner/Agent Date NOTE: A Copy of Both Sides of Registration Papers MUST accompany this Agreement. 2865 W. Indian Creek Road, Trafalgar, IN 47201 Phone (317)696-1177 3

Mare Owner Contact Information Name: Address: City, State/Province: Zip: Daytime/Work Phone: Home/Evening Phone: Fax: Cell/Mobile: e-mail address: Credit Card: Card # exp. CVV The charges for the shipment will be charged on day of shipment to the credit card on file._ 4

Addendum A - Terms & Conditions For Shipped Cooled Semen This Addendum is executed in conjunction with the 2018 Breeding Contract for The Stallion, and The Mare, The following are Terms and Conditions for breeding The Mare to The Stallion via shipped cooled semen: 1. All Stallion Service Fees and booking fees as well as any other outstanding balances to Bracken Quarter Horses must be paid in full prior to the first shipment of semen. 2. Requests are filled in the order in which they are received. Orders for counter-to-counter shipments received after 8:00 am CST on the day of shipment cannot be guaranteed. Mare Owner is responsible for shipping charges for cancellations received after 8:00 am CST, if already processed. 3. The first standard overnight (Federal Express, Airborne, UPS overnight or similar type of service, not counter-tocounter) shipment shall be charged $325. Airport courier fees of $100 shall also apply, if shipped same day via airline. 4. A deposit of $300 is required on an Equitainer. Equitainers are the preferred method of shipping container. Equitainer must be returned to Bracken Quarter Horses at Mare Owner's expense within twenty-four (24) hours after insemination. If Equitainer is not received within five (5) working days from shipment, Mare Owner shall be charged a $25/ day rental fee. Costs/deposits must be paid in advance of the shipment. Mare Owner may supply their own Equitainers provided it is well marked and is in good condition. Disposable containers are available for cooled, shipped semen from Bracken Quarter Horses. 5. Mare Owner certifies that Farm is obligated to transport cooled semen only to the address of record which Mare Owner has provided prior to any shipment. All shipments will be shipped to the address provided below, unless otherwise communicated in writing and confirmed by Bracken Quarter Horses staff. Mare Owner certifies that the address for shipment is a suitable facility for artificial insemination of Mare. Bracken Quarter Horses may refuse to make repeated shipments if, as determined by Bracken Quarter Horses, it will not reasonably lead to a successful breeding. Moreover, Mare Owner certifies that only the Mare who is the subject of the breeding contract shall be inseminated by the shipped cooled semen. If semen is used on a Mare not stated in the contract, Mare Owner shall owe additional fees to Stallion Owner. 6. Mare Owner agrees to comply with all breed association requirements concerning the use and handling of Cooled Shipped Semen. Mare Owner shall promptly send copies of the Collection/Insemination Certificate to the breed associations and to Bracken Quarter Horses. 7. The parties agree that the obligations of performance by Stallion Owner/Bracken Quarter Horses shall be met when the cooled semen shipment is accepted at Mare Owner's designated shipment address. Acceptance shall be defined as the parcel delivery carrier actually delivering the shipment container to the address of record and receiving a signature from a representative of the address of record on the shipment documents maintained during the ordinary course of business by the carrier. The parties understand and agree that risk of loss transfers to the Mare Owner upon acceptance of delivery. 5

Stallion Owner or Agent Date Mare Owner or Agent Date Address for Delivery of Shipped Semen Name of Facility: Contact Person: Street Address: City, State, Zip Code: Day Phone: Fax: Cell/Mobile: Closest Airport: E-mail: 6

Europe Frozen Semen Addendum This Addendum is executed in conjunction with the 2018 Breeding Contract for The Stallion, and The Mare, The following are Terms and Conditions for breeding The Mare to The Stallion via shipped cooled semen: 1. All Stallion Service Fees and booking fees as well as any other outstanding balances to Bracken Quarter Horses must be paid in full prior to the first shipment of semen. 2. Charges: A booking fee of $ _500.00US_is due with signed contract. Balance of the stud fee $1000.00 is due before shipment of Frozen Semen. Up to 2 Doses (16 straws) of Frozen Semen are included in the Breeding Fee. Transportation of Frozen Semen from the Storage Facility is the responsibility of Mare Owner. For embryo transfer mares, should more than one embryo result from breeding, mare owner must immediately report the additional embryo and pay an additional Stud Fee upon heartbeat check. Failure to report an additional embryo could result in denial of a Breeders Certificate. 3. Use of Frozen Semen: An unused Frozen Semen remains the property of Bracken Quarter Horses. Any unauthorized use of Frozen Semen may result in penalties. No breeding shall take place with Frozen Semen without signed contracts and payment in full for a Breeding Fee to. Frozen Semen shall only be used for the Mare that is listed on this contract. Unused Frozen Semen shall be returned to the Storage Facility or destroyed at the discretion of the Stallion Owner. Should a Mare Owner desire to keep unused Frozen Semen in Storage a report of straws on hand and location must be submitted to Stallion Owner for approval. 4. Additional Frozen Semen may be purchased for $750.00US for 2 doses (16 straws) depending upon availability. Mare Owner Information: Mare Owner/Agent Signature Stallion Owner/Agent Signature Daytime Phone Cell Phone Date Address City, State, Zip Email European Agent David Maisonette Haras de l Hermet 43110 AUREC SUR LOIRE (+33) 673 331 532 david_qh@hotmail.com 7