1

Palos Verdes Stables Lesson Program

Horse Riding & Lease Agreement

THIS AGREEMENT entered into this ______day of ______, in the year______,

at Palos Verde Stables,by and betweenPalos Verdes Stables Lesson Program/Alden Giacopuzzi,

Trainer hereinafter referred to as “Lessor" and ______,

hereinafter referred to as “Lessee”. "Lessor" hereby agrees to lease to "Lessee" said horse or pony

subjectto the following terms of this Agreement; and Whereas, Lessee warrants that s/he agrees

to lease said horse subject to the following terms and conditions;

The parties agree as follows:

The parties agree to lease the horse or pony named, ______,hereinafter

referred to as "Horse"and includes the following description:

Name: ______Color:______

Breed: ______Sex:______

USEF #:______

DURATION AND TYPE OF THE LEASE:

LEASE TERM / Beginning Date / Ending Date
Monthly Full Lease
Monthly Half Lease
Monthly Partial Lease

The term of this lease shall commence on ______, 20____, and

terminate on ______, 20___; unless the parties agree in writing to

continue the term of this lease in which case the new term shall be attached hereto,

signed and dated by both parties hereto, and these same terms and conditions shall

apply thereto. The Parties agree that this Contract may be changed or terminated by the

"Lessor" or the "Lessee" upon thirty (30) days notice, regardless of the leasing period. All

notices must be issued in writing unless otherwise agreed upon by the parties.

Page 1 of 3

COST AND DESCRIPTION OF LONG-TERM LEASE:

Full Lease / Includes 5 lessons/rides a week—combination at trainer’s discretion of jumping or flat lesson or trail work and ability to take horse to shows. All trail rides most be approved by trainer. Rider must also have trainer’s permission to do flat work outside of scheduled lesson times. / $1580 a month for 5 days a week.
Half Lease / Includes 3 regularly scheduled lessons a week and ability to take horse to shows. Lessor reserves the right to use horse in lessons or for another half-lease. / $870 per month for 3 days a week.
Partial Lease / Includes 2 regularly scheduled lessons a week and the ability to take horse to shows. Lessor reserves the right to use horse in lessons or for two other partial leases. / $644 per month for 2 days a week.

Each lease includes an additional $50.00 per month charge for horse care.

USE AND CARE OF THE HORSE:

  1. Lessor will be responsible for all board, blanketing, veterinary and farrier expenses. Lessee will not be required to maintain mortality or health insurance on Horse during the term of this lease.
  1. All Lessees will be responsible for an additional charge of $50.00 per month for horse care (payable with lease payment) to help cover the cost of grain, supplements and body clipping.
  1. All lease payments and additional charges are payable in advance and due on the first of the month. They are considered late if not received by the 5th. A $25.00 late fee will be charged for all payments received after the 5th of the month.

Lessee shall have use of the horse according to the following terms of this agreement:

  1. In the case of the full lease, Lessee will have exclusive use of “horse” on lease day, with the exception of schooling rider. In the case of half or partial leases, lessee’s will have exclusive use of “horse” on their lease day, with the exception of the schooling rider, provided their lease day is not shared with another lessee. Any lessee abusing the right of another lessee to enjoy the horse equally will have their lease terminated.
  1. In the case of half or partial leases, lessees sharing a horse must work out lesson classes and horse show schedule classes with each other and trainer, in advance, so no conflicts of class entries arise. Lessees who choose to attend shows will be given priority to horse over those lessees who do not attend the show. If lessee’s horse is at a show with another lessee, trainer will provide, if available, lessee with another horse to ride in lessee’s regularly scheduled lesson.
  1. There are no make-up lessons when leasing. The lessee is responsible for the grooming and exercising of their horse on their lease days. If lessee is unable to groom and exercise their horse on lease day, then they must notify Alden via text or phone call, so that she can arrange to have the horse properly cared for that day. Lessee will not be charged for any expenses incurred by trainer, due to lesson cancellation by either party.

Page 2 of 3

  1. This agreement is non-transferable.
  1. Both parties agree that the laws of the State of California shall govern this lease.
  1. The “Lessee” agrees that all riders with Palos Verdes Stables Lesson Program or on the property and/or using a horse owned by Alderin Sporthorses and Alden Giacopuzzi, must signthe release forms. If the riders are younger than 18 years of age the rider’s parent or legal guardian must sign the release forms.
  1. This contract represents the entire agreement between the parties. No other agreements, promises, or representations, verbal or implied, are included herein unless specifically stated in this written agreement. This contract is made and entered into in the state of the "Lessor's" stable, and shall be enforced and interpreted in accordance with the laws of the State of California.
  1. In the event one or more parts of this contract are found to be unenforceable or illegal, the other portions hereof shall be deemed in full force and effect.

IN WITNESS WHEREOF, the parties have executed this lease:

LESSOR Name:______

Address:______

City:______

State/Zip:______

Phone:______

LESSOR Name:______

Address:______

City:______

State/Zip:______

Phone:______

______

(Lessor Signature) Date

______

(Lessee Signature) Date

Witnessed By: ______on this date:______

Page 3 of 3