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(SAMPLE)
StablesOnline.com 2011
RACING PARTNERS PARTNERSHIP SUBSCRIPTION AGREEMENT
AND SIGNATURE PAGE
This Partnership Subscription Agreement and Signature
Page, made and entered into this_____day of_________________________,
2011, by and between: StablesOnline.com Inc.,
(hereinafter referred to as the "Management Agent"),
as agent for StablesOnline.com 2011 RACING
PARTNERS, a limited liability partnership (hereinafter referred
to as the "Partnership").
AND
Undersigned, whose name and
address is shown below, (hereinafter referred
to as the "Partner") and a co-owner in the Partnership
together with other subscribers to the Partnership
who execute counterparts of this "Partnership
Subscription Agreement and Signature Page."
WITNESSETH:
Whereas, the Partnership is
organized pursuant to the Partnership Agreement
dated November 1, 2011 to acquire the following
described thoroughbred horses (hereinafter referred
to as the "Horses"):
| Colt: |
Colt: |
| Sire: |
Sire: |
| Dam: |
Dam: |
Purchase Allocation:
$250,000 |
Purchase Allocation:
$250,000 |
| Colt: |
Colt: |
| Sire: |
Sire: |
| Dam: |
Dam: |
Purchase Allocation:
$250,000 |
Purchase Allocation:
$250,000 |
| Colt: |
Colt: |
| Sire: |
Sire: |
| Dam: |
Dam: |
Purchase Allocation:
$250,000 |
Purchase Allocation:
$250,000 |
Colt:
|
|
Sire:
|
|
Dam:
|
|
Purchase Allocation:
$250,000
|
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Whereas, Partner desires to
purchase fractional ownership interests consisting
of________Units (each unit being a 1% interest
in the Partnership, for a capital contribution
of $_____________{$25,000 per unit}, the receipt
of which is hereby acknowledged) in the Partnership
and to form a partnership to govern the ownership
of the horses for the benefit of each Partner.
Whereas, Management Agent
is and has been engaged generally in the thoroughbred
industry and is experienced in the purchase, maintenance,
racing and sale of thoroughbred racehorses, and
Partner desires to employ the Management Agent
as authorized agent for the purposes and upon
the terms and conditions provided in the Partnership
Agreement, which employment the Management Agent
has agreed to accept.
NOW THEREFORE, in consideration
of the mutual covenants and agreements of the
parties thereto as hereinafter set forth, Partner
by execution hereof does hereby execute the Partnership
Agreement and covenants and agrees that he/she
shall be bound by the terms of the Partnership
Agreement set forth in the Memorandum, of which
this Subscription Agreement is a part.
Partner hereby acknowledges
that he/she has reviewed the Memorandum and Partnership
Agreement attached hereto and has had the opportunity
to ask the Management Agent any questions which
the Partner has concerning the transactions described
therein. The Partner acknowledges that he/she
understands the financial risks associated with
the transactions described in the Memorandum.
Continue
to "Counterpart" Subscription Agreement
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