The stallions

1. Booking Fee and Chute Fee: Additional Charges

IMPORTANT NOTICE: THE STALLION BOOKING FEE, CHUTE FEE, AND ANY OTHER APPLICABLE FEES REMAIN PAYABLE BY THE SUCCESSFUL BIDDER OR RECIPIENT. THESE FEES ARE NOT INCLUDED IN THE AUCTION BID, PURCHASE PRICE, OR DONATED BREEDING AWARD. PLEASE BID ACCORDINGLY.

The standard published Stallion Breeding Fee includes the applicable booking fee. However, for auction-purchased, discounted, or donated breedings, the recipient remains responsible for the applicable nonrefundable stallion booking or administrative fee, the nonrefundable chute fee, and any other applicable fees, in addition to any auction purchase price or other charges.

All applicable fees must be paid in full before frozen semen is released.

2. Eligibility and Contract Year

All auction-purchased, discounted, promotional, and donated breedings are valid only for the designated breeding year in which the breeding was purchased, awarded, or donated. The breeding must be utilized during the designated breeding season.

UNUSED AUCTION, DISCOUNTED, OR DONATED BREEDINGS SHALL EXPIRE AT THE END OF THE DESIGNATED BREEDING SEASON. THERE SHALL BE NO ROLLOVERS, CARRYFORWARDS, REFUNDS, OR CREDITS FOR UNUSED BREEDINGS.

An unused breeding award shall not establish a Guaranteed Right to Return.

3. Recipient Responsibility: Contract Request

It is the sole responsibility of the successful auction bidder or recipient of a discounted or donated breeding to contact Oswood Stallion Station immediately upon receiving the breeding award, notify Oswood Stallion Station that they are the recipient, and provide the necessary information to request a Stallion Breeding Contract.

The recipient must request, complete, and execute the applicable Stallion Breeding Contract and pay all required fees, including the nonrefundable stallion booking fee, chute fee, and any other applicable charges, within 20 days in which the breeding was awarded.

Failure to promptly notify Oswood Stallion Station, provide the required recipient information, complete and execute the breeding contract, or pay the required fees may result in forfeiture of the right to breed.

Neither Servi Quarter Horses, LLC, Stallion Owner, nor Oswood Stallion Station shall be responsible for contacting recipients, requesting contracts on their behalf, providing deadline reminders, or ensuring that the breeding is utilized.

4. Nontransferability

Auction-purchased, discounted, and donated breedings are nontransferable and nonassignable. The recipient may not sell, resell, assign, transfer, trade, gift, or otherwise convey the breeding award to another person or entity.

5. Guaranteed Right to Return Following Actual Breeding

If an auction-purchased, discounted, or donated breeding is properly contracted, fully paid, and actually utilized during the designated breeding season, any Guaranteed Right to Return shall be governed exclusively by Article 7 of the executed Stallion Breeding Contract.

Provided all applicable requirements are satisfied, any qualifying return breeding is limited to the immediately following breeding season.

Under no circumstances shall the standard breeding rights extend beyond the Original Breeding Season and one (1) Return Season, except by express written approval of Stallion Owner.

6. Special Exceptions

Stallion Owner reserves the right, in her sole discretion, to consider extraordinary circumstances, including the death or permanent breeding incapacity of the contracted mare.

Any exception must be approved in writing and require a vet statement and shall not create a precedent, automatic extension, or continuing breeding privilege.