  That's White "Man" to You
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| 6538 South River Drive
Spanish Fork, UT 84660
t: 801-369-7321
e: [email protected]
The Ruby Buckle Barrel Futurity & Open Race (“RB”) will be a premier barrel racing event, with $1,500,000 or more
in total payouts in the first year (with 150 participating stallions) consisting of three regional events scheduled to
begin in 2020, locations and dates to be determined. As with its parent company, The Pink Buckle Barrel Race, the
Ruby Buckle is expected to increase its payout annually.
The RB will be a traditional closed event; only horses sired by a RB stallion will be eligible. *
Each year, we plan to hold 3 regional events held in strategic locations throughout the country in order to appeal to all
mare owners and race participants:
2020 – Expected payout $1,600,00 paid as follows:
$214,000 Futurity 1-2D depending on entries
$320,000 Open 4D
The purse will be split equally over the four regional events with additional annual payouts and bonuses to be
announced at a later date for future events.
The Ruby Buckle will have a nomination fee for all participating progeny of $200 to make any and all offspring eligible
to run. Nominations are due by August 1st of every year to maintain eligibility, if deadline is missed a late fee of $300
can be paid until December 31st of each year. If an eligible horse is not paid in every year it is no longer eligible to run
in the Ruby Buckle events. Entry fee for the RB event will be $500.
The RB Futurity will pay two go-rounds and an average, which will pay down 20 places..
The RB Open event will be a D-system format paying down 10-20 positions in each D-division depending on number
of entries.
The RB Stallion slots are filling up quickly. Please contact Chad Beus at 801-631-6093 to reserve your slot today.
Stallion Agreement
Nomination Form - Attachment A
Non-Disclosure Agreement - Attachment B
General Rules & Conditions - Attachment C
W-9
RUBY BUCKLE BARREL FUTURITY STALLION AGREEMENT
THIS STALLION NOMINATION AGREEMENT(the Agreement”) is entered by and between Ruby Buckle, LLC,
a Utah limited liability company (“Ruby Buckle”), and _______________________________(hereinafter “Nominator”).
WHEREAS, Ruby Buckle is the owner and operator of The Ruby Buckle Event, which is designed to
become a premier event and one of the richest barrel races in the world;
WHEREAS, the RB is intended to dramatically increase the number and quality of barrel racing
performance horses sired by RB nominated stallions; and
WHEREAS, Nominator desires to become a “Slot Holder” and obtain the right to nominate a RB
Stallion to such “Slot”.
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the
Parties agree as follows:
1. Annual Nomination Fee: For each year that Nominator wishes to be a Slot Holder, Nominator hereby
agrees to tender and pay a Nomination Fee of $7,000 to the Ruby Buckle as follows:
a. $2,000.00 shall be paid by December 1st, 2019 or your contract will become void and your slot will be
given to the person the list.
b. the remaining balance of $5,000.00 shall be paid on or before June 1, of each year
c. If Ruby Buckle fails to obtain the commitment of one-hundred (100) Slot Holders prior to December
15th, 2019, Ruby Buckle shall return the amounts paid by Nominator and this Agreement shall be canceled,
and Ruby Buckle and Nominator shall have no other rights or obligation hereunder.
d. For any Nominator obtaining a Slot by entering this Agreement prior to January 31, 2020, Ruby Buckle
agrees to not increase the Annual Nomination Fee for a minimum of five (5) years. Otherwise, Ruby Buckle
reserves the right to set the Nomination Fee each year by providing notice
to Nominator prior to January 15th of any such year.
2. Slot Holder Rights: So long as Nominator makes each of the payments required above, Nominator shall be
a Slot Holder and have the following rights:
a. The ability to nominate one RB Stallion, which will be listed on the RB website and make RB Stallion’s
foals born in the following year eligible for nomination in all RB events.
b. The first year any horse is nominated to the RB all of his offspring of any age are eligible to be nominated,
but after the first year only weanlings can be nominated for the first time. All nominated offspring must be
nominated every year to be eligible to run in RB events.
c. A late nomination fee of $2,000 may be paid until a horse turns 4 years old and then will no longer be
eligible to be nominated.
d. The right to retain possession of the Slot in each upcoming year so long as Nominator meets all RB
guidelines, and the then-current Annual Nomination Fee and all required paperwork is received by the
dates prescribed for herein. If the then-current Annual Nomination Fee is not paid in full and any required
paperwork is not received by the prescribed deadlines, the Slot will be forfeited and transferred to the next
stallion owner on the RB waiting list.
3. Transfer: No Slot may be transferred, either by sale or lease by any Slot Holder unless specifically
authorized herein. In the event a current Slot Holder fails to pay the Annual Nomination Fee in full, the
current Slot Holder forfeits all possession rights of the RB Slot, including all sums paid and rights granted
hereunder.
4. Stallion Incapable of Breeding Due to Death or Infertility: In the event the stallion dies or becomes
infertile during any given year, the Nominator may substitute said stallion with another stallion that he or
she owns, upon the approval of Ruby Buckle. Prior to January 31st of each year, the Nominator may change
the RB Stallion nominated hereunder for any reason. However, once a RB Stallion is removed from a Slot, it
cannot be nominated again in any future year.
5. Sale of Stallion: In the event a RB Stallion is sold by Nominator, Nominator may request that the Slot
accompany the sale of the RB Stallion. Ruby Buckle must approve the transfer of the Slot prior to any such
sale of the horse. The purchaser of the RB Stallion being sold must agree to enter a Stallion Nomination
Agreement and agree to keep the RB Stallion nominated in the RB for at least the breeding year following
the sale of said stallion.
6. Ownership: The Nominator must own at least fifty percent (50%) of the nominated stallion and said
Nominator’s name must be reflected on the registration papers as an owner. Additionally, any advertising
of the stallion must reflect stallion ownership.
7. Breed Registration Papers: A copy of the stallion’s breed registration papers must accompany this
Agreement and any future nomination form changing the stallion nominated in a RB Slot.
8. Nomination Form: The Nomination Form attached hereto as Attachment A must be completed by
Nominator and accompany this Agreement
9. Mutual Non-Disclosure Agreement: The Non-Disclosure Agreement attached hereto as Attachment B must
be completed and signed by Nominator either prior to or together with this Agreement.
10. General Rules and Conditions: Nominator agrees to be bound to and abide by the General Rules and
Conditions listed in Attachment C hereto and on the RB website, as such rules may be altered and amended
from time to time in the sole discretion of Ruby Buckle, but in no event more often than once a year. Any
Slot Holder found in violation of the Rules set forth therein will be disciplined appropriately by Ruby
Buckle, which could result in a minimum of probation, fines, and/or expulsion in the sole discretion of Ruby
Buckle. A Slot Holder found in violation of the Rules will forfeit all present and past monies paid to Ruby
Buckle. A Slot Holder who is on probation is not eligible to either alter his existing nomination or acquire
any additional nominations.
11. Limitation of Liability and Reservation of Rights: Ruby Buckle reserves the right to cancel, postpone, or
change the conditions of all or any part of the RB without liability. Ruby Buckle further reserves the right
to utilize Nomination Fees in any manner it deems appropriate, including without limitations, the payment
of administrative and promotional costs and expenses. Nomination Fees paid are not refundable except as
otherwise detailed herein.
12. Term: The initial Term of this Agreement shall be from the date first executed by the Parties through
December 31st 2020. This agreement shall automatically renew for additional one (1) year terms through
January 1st of the following year so long as Nominator pays all nomination fees required hereunder. Either
Party may terminate this Agreement by providing written notice to the other of its intent to terminate this
Agreement not less than thirty (30) days before the end of the then current Term.
13. Choice of Law, Venue and Attorney’s Fees: This Agreement shall be interpreted under the laws of the
state of Utah. The courts in the state of Utah shall have exclusive jurisdiction over any action to enforce the
terms of or related to this Agreement. The prevailing party in any action to enforce the terms of this
Agreement may recover their costs of court and reasonable attorney fees incurred in seeking to enforce the
terms of the Agreement.
14. Complete Agreement: This Agreement contains the entire agreement between and among the Parties
relating to the subject matter hereof.
15. Severability: If any provision of this Agreement shall be invalid, illegal or unenforceable in any respect,
the validity, legality and enforceability of the remaining provisions contained herein shall not in any way be
affected or impaired.
16. Counterparts: This Agreement may be executed in multiple counterpart originals and via facsimile copy,
and shall become effective upon execution by the Parties.
IN WITNESS WHEREOF, the Parties have executed this Agreement.
DATED AND SIGNED this ___ day of _______________, 20___.
Ruby Buckle, LLC
______________________________________
By:
Its: Manager
Nominator
______________________________________
By:
Its:
Attachment A
NOMINATION FORM
---------------------------------------------------------------------------------------------------------------------
NOMINATION FORM
Stallion Name: ______________________________________________________________
Breed/Registration Number: __________________________________________________
Owner/Nominator Name: ____________________________________________________
Address: __________________________________ City: ________________ State: _______
Zip: ___________
Telephone Number: (____) _______________________________
Email Address of Nominator: _________________________________________________
Ranch stallion is standing at: _________________________________________________
Phone Number and e-mail for Breeding Info: ___________________________________
Owner/Nominator Signature: ________________________________________________
Date: ________________________
6538 So River Dr
Spanish Fork, UT 84660
t: 801-369-7321
e: [email protected]
Attachment B
NON DISCLOSURE AGREEMENT
NON-DISCLOSURE AGREEMENT
This Non-Disclosure Agreement (the “Agreement”), is made as of
___________ ___, 20__ (“Effective Date”), by and between Ruby Buckle, LLC, a limited liability company
organized under the laws of the State of Utah, with a place of business at 6538 South River Drive Spanish
Fork, Utah 84660 (herein “Ruby Buckle”), and __________________________, with an address of
____________________________________________________ (herein “Recipient”), (jointly referred to as “Parties” and
individually as “Party”).
In consideration of the foregoing covenants and promises contained herein, the Parties agree as follows:
1. Purpose
a) Ruby Buckle desires to disclose to Recipient on an ongoing basis, and Recipient desires to receive from
Ruby Buckle certain Confidential Information (defined below) for the purpose of evaluating an opportunity
and participating as a stallion slot holder (“Slot Holder”) in The Ruby Buckle. In connection with such
disclosure, the Parties wish to provide for the treatment and protection of the Confidential Information.
b) Recipient acknowledges that the careful protection and non-disclosure of the Confidential Information
by the Recipient is of utmost importance to Ruby Buckle, and but for the Recipient’s representations and
warranties contained herein, Ruby Buckle would not disclose to Recipient such Confidential Information.
2.Confidential Information
For purposes of this Agreement, “Confidential Information” means any and all information, whether in oral,
written, graphic or electronic form, provided by Ruby Buckle to the Recipient, including but not limited to,
ideas, media, techniques, plans, inventions (whether patentable or not), know how, processes, algorithms,
software, contracts, information related to the current, future, and proposed events, products and services
of Ruby Buckle, financial information, customer lists, stallion nominators, pricing, investors, employees,
business and contractual relationships, business forecasts, sales and merchandising, marketing plans,
copyrights, trademarks, trade names, service marks, trade secrets, patents of any kind, information Ruby
Buckle provides regarding third parties, any third party proprietary information rightfully
held and disclosed by Ruby Buckle, information that by its nature or circumstances surrounding its
disclosure should be reasonably regarded as confidential, or any document that refers or relates to
Confidential Information.
Confidential Information does not include information which can be shown by the Recipient as: (i) already
known or in its possession without an obligation of confidentiality prior to the execution of this Agreement;
(ii) hereafter rightfully furnished to the Recipient by a third party without a breach of any legal or
contractual obligation; (iii) that is or becomes publicly available without breach of this Agreement; or (iv)
independently developed by the Recipient without use of or reliance on Confidential Information.
3. Term
Unless otherwise amended, the term of this Agreement with respect to each piece of Confidential
Information disclosed to Recipient shall be three years, or if Recipient enters into a Stallion Nomination
Agreement with Ruby Buckle, for a period of three years following the termination of that agreement.
4. Treatment Of Confidential Information
During the term of this Agreement, Recipient represents and warrants that it will:
a) hold the Confidential Information in the strictest confidence and to take all reasonable precautions to
protect such Confidential Information including, without limitation, all precautions that Recipient employs
with respect to its own confidential and proprietary materials, but in no event less than reasonable care;
b) not to make any use whatsoever at any time of disclosed Confidential Information except to evaluate
internally whether to enter into a business relationship with Ruby Buckle;
c) not to copy, decompile, disassemble or reverse engineer any disclosed Confidential Information; and
d) not to use any Confidential Information to create any intellectual property, product or service that is
based upon, developed with, derived from, uses, employs, or incorporates, any Confidential Information.
5. Uses Of Confidential Information
Without the written consent of Ruby Buckle, Recipient will make no private or commercial use or
disclosure of Confidential Information for its own or any third party’s benefit (“Unauthorized Disclosure”),
except to evaluate whether to enter into a business relationship with Ruby Buckle or participate as a Slot
Holder. In the event Recipient discovers that there has been an Unauthorized Disclosure of Confidential
Information, Recipient will immediately:
a) notify Ruby Buckle;
b) use its best efforts to minimize the impact to Ruby Buckle resulting from such Unauthorized Disclosure;
and
c) take all necessary steps to prevent a further Unauthorized Disclosure of any
Confidential Information.
6. Return Of Confidential Information
Upon Ruby Buckle’s written request, Recipient shall return to Ruby Buckle all
Confidential Information and all copies thereof within 15 days of the date of Ruby Buckle’s request. At
Ruby Buckle’s option, Confidential Information and all copies thereof may instead be destroyed by
Recipient, provided that Recipient certifies to Ruby Buckle such destruction in writing. Return or
destruction of Confidential Information shall not waive Recipient’s obligations of confidentiality under this
Agreement. If a breach of any condition of this Agreement occurs, or if Ruby Buckle or Recipient has
reasonable grounds for believing that such a breach occurred or will occur, then Recipient will immediately
return or destroy all Confidential Information upon Ruby Buckle’s request.
7. Mandatory Disclosure
If disclosure of Confidential Information is required by judicial or other governmental action, Recipient
shall immediately:
a) notify Ruby Buckle;
b) not make the disclosure without first allowing Ruby Buckle the opportunity to oppose the action;
c) cooperate fully with Ruby Buckle in opposing and limiting the scope of the disclosure;
d) continue to protect Confidential Information not otherwise made public by the court or governmental
body; and
e) be released from its obligations under this Agreement to the extent, but only to the extent, of the
compelled disclosure.
8. Relationship Of Parties
For the purposes of this Agreement, each Party shall be and act as an independent contractor and not as a
partner, joint venturer, or agent of the other and shall not bind, nor attempt to bind, the other to any
contract or obligation with a third party.
9. No Waiver
Nothing in this Agreement shall be construed to constitute:
a) a waiver by Ruby Buckle of any of its rights in or to any Confidential Information that constitutes a
copyright, patent, trademark, or trade secret;
b) a release or waiver of Recipient’s legal obligation not to disclose or misappropriate any copyright,
patent, trademark, or trade secret of Ruby Buckle during or after the term of this Agreement; or
c) a limit on any statutory or common law rights that provide Ruby Buckle with broader protection than
that provided in this Agreement.
10. Additional Provisions
a) Ruby Buckle makes no warranty, express or implied, that the Confidential Information is complete,
useful, fit for a particular purpose, or accurate. No obligation, responsibility, or liability shall be incurred by
Ruby Buckle for any loss or damage, whether incidental, special, indirect, or consequential, in connection
with, caused by or arising from any use of or reliance upon any of the information provided.
b) The parties agree that the terms and conditions of this Agreement apply retroactively to any disclosures
of Confidential Information made to the Recipient before the signing of this Agreement as well as to any
disclosure of Confidential Information made to the Recipient after the signing of this Agreement.
c) This Agreement grants no license or right in the Confidential Information to the Recipient. All rights to
the Confidential Information and any improvements thereto, remain solely with Ruby Buckle.
d) The obligations of confidentiality and non-disclosure agreed to herein apply and are wholly effective in
the United States and worldwide.
e) Any and all notices or consents under this Agreement will be in writing. Notices shall be deemed
sufficiently given when delivered personally or 48 hours after deposit with a receipted commercial courier
service or the U.S. Postal Service as registered or certified mail, postage prepaid, to the address above.
f) Recipient agrees that Recipient can be held liable for damages resulting from the disclosure of
Confidential Information in breach of this Agreement by Recipient’s employees, officers, directors,
contractors, consultants, agents, representatives, attorneys and advisors. The Parties acknowledge that
there may be no adequate remedy at law for any breach of obligations hereunder, and therefore, that upon
any such breach or any threat thereof, Ruby Buckle may be entitled to appropriate equitable relief,
including injunctions without the posting of a bond, in addition to any other remedies it might have at law.
g) In any action brought under this Agreement, the prevailing Party may be entitled to recover from the
non-prevailing Party all reasonable costs and expenses, including attorneys’ fees, incurred in enforcing this
Agreement.
h) This Agreement contains the entire understanding of the Parties regarding the treatment of Confidential
Information. All previous agreements or understandings concerning Confidential Information, whether
written or oral, are superseded.
i) No amendment or modification of this Agreement shall be valid and binding on the Parties unless made
in writing and signed on behalf of each of the Parties by their respective duly authorized officers or
representatives.
j) This Agreement will be governed by and construed in accordance with the laws of the State of Utah. The
Parties agree that the State Courts of Utah shall have exclusive jurisdiction over any matters arising under
or out of this Agreement.
k) The Agreement shall bind and inure to the benefit of the Parties and their respective successors and
assigns.
RECIPIENT
By:_______________________________
Printed Name:_____________________
Title:_____________________________
RUBY BUCKLE, LLC
By:_____________________________
Printed Name:___________________
Title:___________________________
Attachment C
GENERAL RULES & CONDITIONS
RUBY BUCKLE BARREL FUTURITY & OPEN RACE
GENERAL RULES & CONDITIONS
1. Any Slot Holder found in violation of the rules set forth herein will be disciplined appropriately which
could result in a minimum of probation, fines, and/or expulsion at the sole discretion of Ruby Buckle LLC
(“Ruby Buckle”). A Slot Holder found in violation of the rules will forfeit all present and past monies paid
to Ruby Buckle. A Slot Holder who is on probation is not eligible to either alter his existing nomination or
acquire any additional nominations.
2. All Nominators are sworn to uphold and support the integrity of the Ruby Buckle. Nominator agrees to
take no action which is intended, or would reasonably be expected to harm Ruby Buckle, or their
reputation, or which would reasonably be expected to lead to unwanted or unfavorable publicity to Ruby
Buckle or any of its members, Nominators or competitors.
3. All Nominators are expected to uphold the highest legal, ethical and moral standards, to be good
stewards of their resources, and to uphold rigorous standards of conduct. All Nominators are expected to
conduct business in accordance with the letter and spirit of all relevant laws; to refrain from any illegal,
dishonest, or
unethical conduct; to act in a professional, businesslike manner; and to treat others with respect.
Nominators must be members in good standing with their respective breed association.
4. It is the responsibility of each RB Slot Holder/Nominator to police and report any infractions of a RB rule
immediately. It is also the Nominator’s responsibility to notify Ruby Buckle if they have knowledge of
another Slot Holder who is in violation of the rules set forth in this document, and to hold them responsible
to Ruby Buckle.
5. Breeding will begin on or after February 1 of each breeding year, whether it is on site, shipped or frozen
semen. Embryo transfers may not be implanted in a
recipient mare until February 7.
6. Any foal born prior to January 1st of the foaling year must be reported to
Ruby Buckle within 24 hours of foaling. At any time, Ruby Buckle may determine eligibility of said foal.
7. It is the Nominator’s responsibility to notify all owners of foals by their stallion that their foals need to be
nominated as weanlings, and each and every following year to be eligible to compete in the RB (see website
for nomination and entry forms and fee schedules). It is also the Nominator’s responsibility to read and
become familiar with all the RB rules and information provided on the RB website, and to notify Ruby
Buckle if any changes need to be made to Nominator or RB Stallion information posted on the website.
8. Ruby Buckle reserves the right to cancel, postpone, or change the conditions of all or any part of the RB
without liability.
9. Ruby Buckle reserves the right to utilize the funds received from nominations in such a manner as it
deems appropriate, including without limitations, the payment of administrative and promotional costs
and expenses, or any other purpose.
10. Nomination fees paid are not refundable.
11. All specific deadlines set within these rules will be strictly enforced.
12. All nominations and entries in the RB are accepted upon the condition that every such nomination or
entry constitutes an agreement and affirmation by the person making it that they shall:
a. be subject to the rules of the RB;
b. that the nominator and his representatives are bound by the rules of Ruby Buckle, and will accept as
final the decision of Ruby Buckle on any question arising under said rules and agree to hold the
Ruby Buckle and their officials, directors, and employees harmless for any action taken;
c. that the nominator agrees to hold Ruby Buckle and their officials, directors, employees and agents
harmless for any injury or loss suffered during or in connection with the RB, whether or not such
injury or loss results, directly or indirectly, from negligent acts or omissions of said officials,
directors, employees or agents of Ruby Buckle.
13. The construction or application of these rules is governed by the laws of the State of Utah.
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