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The " Unnamed
Filly by RAKTI" Partnership
An agreement made
this . . . . . . . . . . . . . . day of . . . . . . . .
. . . . . . . . . . . . . . . . 2000
1.
The PARTNERSHIP will comprise of twenty PARTNERSHIP/OWNERS. Each
partner will own an equal share in the above horse.
2.
The PARTNERSHIP will last for an initial period that will end
31st OCTOBER 2010 unless ALL partners agree to
continue for a further year.
3. Each new
partner will pay £760 for their share of the above horse
followed by monthly payments of £115 by standing order,
to cover the cost of training & keep, blacksmith fees, race
entries (excluding group & graded races), transport to southern
racecourses, routine vet fees, jockey fees, administration costs
and racing colours.
4.
In the event of a partner not paying his/her monthly payment within
TEN WEEKS his/her share will be forfeited and that share sold
to a new partner. Weatherbys will be informed.
5.
Each partner will receive one twentieth of any prize money won plus
one twentieth of the proceeds of the sale of the horse at the
end of the partnership.
6. At the end
of the partnership, the horse will be sold at public auction unless
ALL of the partners agree to an alternative method of
sale.
7.
In the unlikely event of the partners not agreeing as to where the
horse should run, who should ride or train the horse, etc. the
MAJORITY will decide.
8. Weatherbys
Bank, Wellingborough will be our bankers, the nominated partners
will be the sole signatories.
I .
. . . . . . . . . . . . . . . . . . . . .. . . .. . . . agree with
the above rules. . . . . . . . .. . .. . …. . . . . . . . . .
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Address . . . . . .
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Tel.
No. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . .Mobile No. . . . . . . . . . . . . . . . . . . . . . . . . .
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E-mail . .
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Signed………………………………………
All
partnerships are run to BHA & Jockey Club Guidelines
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