Pasture Pals Equine Rescue Horse Lease Agreement (Page 2 of 3) in pdf

5. Limitations and Use of Horse

Lessee covenants, warrants, and agrees NOT to use the horse for any purpose(s) other than those set forth

here:

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Horse Owner promises and warrants that said horse is fit for said purpose(s). Lessee agrees to take full

responsibility for any injury, harm, or damage done by friends, family, minors etc. who are brought along with

Lessee, all parties brought are required to fill out “Liability release and Express Assumption of Risk.” Lessee

shall not have the right to relocate said horse without Horse Owner’s express written permission

(which shall be attached here and signed and dated by both Parties). Lessee also agrees not to breed said

horse, also Stallions shall not be used for Studs without Horse Owner’s Express written permission (which

shall also be attached here and signed and dated by both Parties). Mares in-foal will be moved 3 months

prior to foaling and will not be available to be worked. Lessee will be given the option to terminate lease or

continue to care for Horse under owner’s supervision. Any Foal that is birthed to affor described horse is

Horse Owner’s Property and will not be included in said lease.

6. Ownership Registration

Horse Owner warrants that said horse is free from any liens or encumbrances. The horse included in this

lease shall remain the sole property of Horse Owner, and the Lessee shall have no right, title, or loan to

any other party of said horse except as stated herein. Lessee shall not loan, lease, or otherwise transfer the

horse, or any right in the horse, to any third party without the prior written consent of Horse Owner, which

consent may be withheld in Horse Owner’s sole discretion.

7. Covenant Not to Encumber

Lessee agrees not to encumber said horse with any lien, charge, or related claim and to indemnify, defend,

and hold harmless Horse Owner therefrom.

8. Risk of Loss and Insurance

Lessee assumes responsibility for any loss or injury to said horse, caused by Lessees neglect or negligence.

Horse Owner shall not be held responsible for loss, damage, injury, claim, demand, cost and expenses

(including legal expenses) arising out of or connected with the use of the horse, whether by Lessee or any

other person. Horse Owner will not be responsible for any accident or injury to any person or animal that

comes in contact with the above named horse during the term of this lease. If in the case that Lessee

borrows any equipment or supplies along with the horse, Lessee is responsible for returning all equipment

and supplies borrowed in the return of said horse. If equipment or supplies are damaged, lost or stolen

Lessee is responsible for the compensation of the equal worth or replacement of the equipment and or

supplies.

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Pasture Pals Equine Rescue Horse Lease Agreement Page 2