4-H Horse Club Project Member Lease Agreement Template

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LEASE AGREEMENT - 4-H HORSE CLUB PROJECT MEMBER
This lease made this ____ day 0f _____________, 20__, between the owner (“Lessor”)
_______________________, of __________________________, Colorado, and the Lessee(s):
______________________ of ________________, Colorado and/or _____________________, Colorado.
WITNESSETH:
I.
The owner hereby leases to the lessee, the following equine, a _____________ named
_______________________, sired by _____________________, foaled by ________________________
on _______________. (date)
II.
PURPOSE OF THE LEASE – The sole purpose of this lease is to provide the lessee(s) with this
animal for his/her 4-H Horse Project. This intended use includes the following activities: (List)
_____________________________________________________________________________________
III.
TERMS OF LEASE – Except under circumstances noted in Section VIII and Section IX, this lease
shall be binding on all parties to _______________________. (Must be after the State 4-H Horse Show.)
This lease is non-renewable except on express written agreement of the parties.
No oral modification of this lease will be binding on either party; any modification of this lease must be
in writing and signed by both parties.
All representations made are set forth in this lease, all other representations merged into this lease.
IV.
RENTAL TERMS – The lessee(s) agrees to rent this animal from the lessor for the terms of this
lease for the total sum of _________________________dollars payable as follows:
a) a lump sum payment due on ____________________, 20____, or
b) $ _________dollars payable on the ______ day of every month for _____ months or terms as
follows: _______________________________________________________
_______________________________________________________
_______________________________________________________.
Any monetary or other awards or compensation arising from the lessee’s use of this horse in his/her 4-H
Horse Project or related activities will belong solely to the lessee.
V.
LESSEE’S RESPONSIBILITIES
A.
The lessee agrees to feed, care, exercise, and otherwise maintain the well being of this
animal in a responsible manner over the term of the lease. Certain expenditures associated with the
ownership and use of this animal will be borne by lessor and/or lessee(s) as specified below:
1.
Veterinarian and drug expenditures in excess of $ ____ dollars will be paid by:
_______________________________
2.
Breeding fees (if applicable): ________________________________
3.
Insurance covering death or injury to the animal will be carried by _________________________
4.
Insurance covering damages horse and/or rider may inflict on others will be carried by
_______________________
5.
Other:
All other care and maintenance costs will be borne by the lessee.
B.
The lessee agrees to return this animal to the lessor within five (5) days of the termination
of this lease unless otherwise mutually agreed.
OVER
C:\dexform\good_results\xml\nolinks\264817.xml

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