Horse Racing Syndicate Contract With Nike In Wayne

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

Description

The Horse racing syndicate contract with Nike in Wayne is designed to govern the ownership and management of fractional interests in a thoroughbred stallion. This comprehensive agreement outlines the roles of initial owners, the syndicate manager, and the rights and obligations of members who hold fractional interests. Key features include the transferability of interests, management duties of the syndicate manager, and the provisions for breeding rights. Filling instructions specify that all agreements must be executed in triplicate, and members must adhere to the outlined procedures for transferring interests. The form serves essential use cases for attorneys, partners, owners, associates, paralegals, and legal assistants involved in horse racing syndication. It provides clarity on ownership structures, legal rights in transactions, and obligations concerning the care and breeding of the horse, making it a valuable tool for legal professionals managing syndicate agreements in the equine industry.
Free preview
  • 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
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement

Form popularity

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.

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.

Trusted and secure by over 3 million people of the world’s leading companies

Horse Racing Syndicate Contract With Nike In Wayne