 |
 |
 |
 |
|
 |
 |
|
 |
C.
"Herd Agreements" shall mean collectively this Agreement and all of the
other agreements substantially similar to this one signed by the owners of the remaining
undivided interests in the Herd.
D.
"Herd Owners" shall mean collectively all of the owners of undivided
interests in the Herd.
E.
"Percentage Interest" shall mean the undivided percentage interest of
Boarder (or another person) in the Herd determined by dividing the total number of the
Boarder's (or other person's) undivided number of shares in the Herd by the total number
of shares created and existing from time to time in the entire Herd.
2.
Delivery of Herd for Boarding. Upon the execution of agreements substantially
similar to this one by the owners of all the ownership interests in the Herd, Association
shall take possession of the Herd for and on behalf of the owners.
3.
Boarding Fees. For boarding the Herd, Association shall pay to Boarder a
uniform monthly boarding fee equal to $16.00 per share of the herd owned by
Association. The first month's boarding fee is being paid with the execution of this
Agreement. Thereafter, the uniform boarding fee shall be paid by Association to
Boarder, in advance, on or before the _________________ day of each month during the
time this Agreement is in effect. The parties agree the amount of the uniform boarding
fee is a fair and reasonable charge equal to the actual average costs to be incurred by
Boarder for its services to be provided to Association under this Agreement.
4.
Duties of Dady Family Farm. In addition to any other duties provided in this
Agreement, Dady family Farm shall have-the following duties in connection with the
boarding of the Herd:
A.
To receive the Herd for boarding at its principal place of business and to
provide any other reasonable services required for in this Agreement or requested by the
Herd Owners;
B.
To maintain and care for the Herd using sound practices in accordance
with the health standards and operating standards attached to this Agreement and
incorporated in it by reference;
C.
To manage the Herd for and on behalf of the Herd Owners and to acquire
and dispose of cows as shall be necessary to maintain the health and productive capacity
of the Herd;
D.
To pay all expenses for maintaining and caring for the Herd as required
above;
E.
To provide reports to Association as shall be appropriate to apprise
Association of the condition of the Herd and any other information that will be useful to
 |