Horse Trainer Contract With Most Wins

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State:
Florida
Control #:
FL-18-06
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Word; 
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Description

The Horse Trainer Contract With Most Wins is a comprehensive form designed for agreements between stable owners and trainers. This contract outlines the rights and responsibilities of both parties, establishing a clear framework for the use of stable facilities. Key features include the allocation of a percentage of revenue to the stable, the classification of the trainer as an independent contractor, and the requirement for a certificate of insurance for liability coverage. The form highlights the inherent risks associated with equine activities and includes a release of liability clause for the stable owner. It also stipulates the trainer's responsibility for taxes and the need for executed releases from clients. This agreement serves as a useful tool for attorneys, partners, and paralegals in the equine industry, facilitating legal clarity and protecting the interests of both parties. Owners and associates will find it essential for ensuring compliance with state laws and managing risk effectively. The contract aids legal assistants in creating structured and enforceable agreements that safeguard against potential disputes.
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  • Preview Trainer's Facility Use Agreement - Horse Equine Forms
  • Preview Trainer's Facility Use Agreement - Horse Equine Forms

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FAQ

If the horse sells, or doesn't sell, if the horse lives, or dies, the trainer gets paid. You may not get rich as a trainer, but you'll get paid. If you have your own ideas, and you work hard, and you are dedicated to your craft, you'll make money. You might even become very wealthy.

Purse earnings can be a huge percentage of a trainer's income, and a trainer can really make the big bucks if their horses compete well in the more prestigious stakes races (which carry purses ranging from a few hundred thousand to several million dollars).

What about prize money? Trainers do get their fair share of prize-money, approximately ten-percent of owners earnings when winning a race, and less than six-percent of placed prize-money.

That being said, successful trainers require many of the same qualities, regardless of their area of expertise:Patience.An understanding of equine behaviour, fitness and nutrition.A level of strength and fitness that will enable them to work with and even ride multiple horses on a daily basis.More items...

The salaries of Horse Trainers in the US range from $14,300 to $384,488 , with a median salary of $69,011 . The middle 57% of Horse Trainers makes between $69,011 and $174,070, with the top 86% making $384,488.

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Horse Trainer Contract With Most Wins