OSBORNE QUARTER HORSES, LLC. 95119Osborne Trail Fernandina Beach, FL 32034 BOARDING AGREEMENT This Agreement is made ___________-____-2010, between Osborne Quarter Horses, LLC. at 95119 Osborne Trail, Fernandina Beach, Florida, 32034 and_______________________ (referred to as “Owner”) residing at___________________________________________, owner of the horse described in Section 2. 1.Fees. (a) In consideration of $400.00 per horse per month paid by Owner in Advance on the first day of each month, the stable agreed to board said horse beginning _____-___-2010. (b) Options to the basic fee paid in the same timely fashion are available as listed below. Each additional requested service must be circled and initialed by the owner. These options can be changed at any time Stable recieves written notioce from Owner. The fees are subject to change given 24 hour notice by stable. 1 – Bagged Shavings $8.00 a bag/WB load $3.00 2 – Mineral Oil $15.00 a gallon (recommended once a month) 3 – Blanketing or unBlanketing $2.50 per time 4 – mineral Blocks $7.00 5 – Holding a Horse for the farrier or vet $15.00 per hour minimum charge $5.00 (asuming horse is haler broke and easy to handle. 6- Worming $15.00 (Ivermectrim/Strongid) 7 – Exercised $10.00 (on hot walker) 8 – Lunging $10.00 9 – Riding or Training is a additional $200.00 per month 2. Description of Horse. Name____________________________________________ Age_____________ Color____________________________ Sex_______________ Breed__________________________ Height_____________Reg # or Tatoo #__________________ 3.Stable Horse will have a 12X12 stall with a private turn out paddock. 4. Standard of Care. In the consideration of full board Horse will be fed twice a day Coastal Hay and Feed (12% Feed). Water will be provided and stall will be cleaned by stable. Owner will provide all other feed, supplements, care, exercise, farrier and Vet care for horse. 5.Risk of Loss/Hold Harmless. WARNING-UNDER FLORIDA LAW, AN EQUINE ACTIVITY SPONSOR OR EQUINE PROFESSIONAL IS NOT LIABLE FOR INJURY TO, OR THE DEATH OF A PARTICIPANT IN EQUINE ACTIVITIES RESULTING FROM THE INHERENT RISK OF EQUINE ACTIVITIES. 6. Indemnity. Owner agrees to hold Stable harmless from any claim caused by said horse and agrees to pay legal fees and any damages incurred by Stable in the defense of claim resulting from damage by said horse. 7. Emergency Care. If medical treatment is needed, Stable will call Owner. In the event the Owner is not reached, Stable has the authority to secure emergency veterinary and/ or blacksmith care. However, Stable has no responsibility to pay for such emergency care. Owner is responsible to pay all costs relating to this care. Stable is authorized to arrange billing to the Owner, but Owner must make such arrangements with veterinarian and clinic in advance. 8. Shoeing and Worming. Owner is responsible for all shoeing/trimming and worming for said horse. 9. Ownership-Coggins test-Health Certificate-Shot Records Owner warrants that he owns the horse and will provide, prior to the time of delivery, proof of a current negative Coggins with in 12 months. A 30 day health Certificate and Shot record. 10. Termination. Either party may terminate this agreement. In the event of default, the wronged party has the right to recover attorney’s fees and court costs, resulting from this failure of either party to meet a material term of this Agreement. 11. Notice. Owner agrees to give Stable thirty (30) days notice to terminate this agreement. The Owner cannot assign this Agreement unless the Stabel agrees in writing. 12.Right of Lien. Stable has the right of lien as set forth in the State of Florida for the amount due for the Board and additional agreed upon services and shall have the right, without process of law, to retain said horse until the indebtedness is satisfactorily paid in full. 13. (a) Governing Law. This agreement is subject to the laws of the State of Florida. Any legal action must be taken in Nassau County. The parties have executed this Agreement this ____ day of ________, 2010. OR (b) Arbitration. The parties to this Agreement mutually agree that any and all disputes arising in connection with this Agreement shall be settled and determined by binding arbitration conducted in accordance with the then existing rules of the American Arbitration Associaton by one or more arbitrators appointed in accordance with said rules. Said arbitration shall take place in Nassua County, Florida. 14. Entire Agreement. This constitutes the entire Agreement between the parties. Any modification or additions MUST be in writing and signed by all parties to this Agreement. No oral madifications or additions will be considered to be part of this Agreement unless reduced to writing and signed by all parties. OWNER: Name______________________________ Address____________________________________ Phone Cell_______________________ Home___________________ Work________________ Signature _____________________________________ Date ___________________________ STABLE: Sherri Osborne of Osborne Quarter Horses, LLC. Signature______________________________________