Horse Racing Syndicate Contract With Nike In Franklin

Category:
State:
Multi-State
County:
Franklin
Control #:
US-00039DR
Format:
Word; 
Rich Text
Instant download

Description

The Horse Racing Syndicate Contract with Nike in Franklin outlines the formation and management of a syndicate for the fractional ownership of a thoroughbred stallion. This agreement delineates the rights and obligations of the initial owners and members who purchase fractional interests, ensuring their collective governance over the ownership and breeding of the stallion. Key features include the transferability of fractional interests, management responsibilities assigned to the syndicate manager, and detailed procedures for the breeding process. The contract facilitates a structured approach to breeding nominations, including free nominations for each fractional interest owned and the option to sell or transfer breeding rights. For completion, users should fill in specific details such as names, addresses, and numbers of fractional interests, alongside adhering to the provisions governing meetings and voting involved in decision-making. This contract is particularly useful for attorneys, partners, and legal assistants involved in clinical equine law, enabling them to navigate complex ownership arrangements while protecting their clients’ rights and interests. Additionally, it serves paralegals and associates by providing a standardized template that helps streamline the creation of syndicates in compliance with local laws.
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  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement

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FAQ

Horse Racing Syndicates Horse Racing Syndicates Checklist. Define your Syndicate. Define your Syndicate. The first thing you need to ask yourself is why are you starting a syndicate. Pick your Members wisely. Set up a Management Plan. Ensure Everyone is On Board. Make it Happen. Conclusion.

Horse Racing Syndicates: How to Share Costs and Own a Racehorse Keep the partnership simple and get everything in writing. Find a horse you like and a great veterinarian you trust. Decide how many shares will be offered in a horse. Choose your trainer wisely. Map out a plan and consult with your partners and trainer.

For a syndicator to be approved by the BHA they must themselves be registered as a sole or company owner. SYNDICATE MEMBERS: Any person who has shares in the ownership, or lease, of racehorses through a syndicate should be listed a syndicate member.

Horse Racing Syndicates Made Easy Hambleton Racing is established as one of the best UK horse racing syndicates. For over 15 years our horse syndications have been providing genuine, quality ownership. Enjoyment, satisfaction, and winners are what we expect to provide within our racehorse syndicates.

Syndication refers to a co-ownership of a horse, also known as a “co-ownership agreement” when made between two or more people. Each owner owns a fractional interest in the animal and the original owner is the syndicator and the manager.

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Horse Racing Syndicate Contract With Nike In Franklin