AGREEMENT FOR SALE & PURCHASE
MAJOR IN ART
Stallion Station Syndication Pty Ltd
<Major In Art Unit Trust>
(Insert full name, address and contact details of the Breeder)
(In this Agreement called ‘the Purchaser’)
Stallion Station Syndications Pty Ltd owns the Southern Hemisphere rights
and will stand at stud the standardbred Stallion named MAJOR IN ART (in
this agreement called “The Stallion”).
Stallion Station Syndications has agreed to sell a Breeding Entitlement or
Breeding Entitlements, as the case may be, to the Purchaser.
IT IS AGREED:
1. Stallion Station Syndications Pty Ltd agrees to sell and the Purchaser agrees to
purchase the number of Breeding Entitlements to the stallion set out in
Schedule 1 of this Agreement at the price set out in Schedule 1 of this
Agreement, which price will be payable contemporaneously with the signing of
this Agreement by the Purchaser.
For the purposes of this Agreement the following words and phrases shall have
the meaning set after them:
Breeding Entitlement – the right to be provided with fresh, chilled or frozen
semen from the Stallion for the insemination of one Mare in New Zealand or
Australia for each Breeding Season for the term of this Agreement as set out in
clause 3 hereof without payment of any service fee;
Breeding season - the period commencing the 1st of September (1st of October
in Australia) in each year and expiring no later than the 31st of January in the
Mare – a Mare owned or leased by the Purchaser for the purposes of utilizing a
Breeding Entitlement for any one Breeding Season.
Live Foal – the foal resulting from the breeding to a Mare that stands and
nurses without assistance and lives for seven days after birth.
3. Term and Entitlement
The term of this Agre