ADOPTION TRANSFER CONTRACT

1. APPROVAL FOR ADOPTION: The parties agree that New Adopter has been approved for adoption in the manner outlined in the Secretariat Center Adoption Application and related materials.2. NO GUARANTY OF FITNESS: The Secretariat Center makes no verbal or written guarantees of the general condition, soundness, temperament, or ability of any horse available for adoption. New Adopter is allowed to have a pre-purchase veterinary examination and to ride the Horse or have a trainer ride the Horse prior to signing this Agreement. Lack of soundness, fitness, or variations in temperament are not reasons permitting the return of the animal to the Secretariat Center after the initial thirty (30) days following signing of this Agreement.3. TRAINING: The parties recognize that most retired racehorses are “green broke” at best. While the Horse may have had a brief retraining period at the Secretariat Center, there is no guarantee that the Horse is trained in any fashion. It is the duty of the New Adopter to assess the horse’s training and the rider’s ability and to make determinations as to the appropriate use of the horse. Novice riders are encouraged to utilize the services of a trainer. Further, the Secretariat Center reserves the right to deny an adoption application or to refuse to enter into an Adoption Transfer Contract with any individual or to require proof that an individual is working with a trainer prior to agreeing to an adoption transfer.4. CARE OF THE HORSE: New Adopter agrees to provide the Horse with the following: Training, exercise, food, water, shelter and veterinary care in accordance with reasonable horse ownership standards. Following the adoption transfer, the Secretariat Center, its agents or employees shall have access to the Horse’s vet and farrier records upon request.5. USE OF THE HORSE: The New Adopter agrees not to work the horse beyond its physical limitations at any time or to put the Horse in harm’s way at any time. The parties recognize that certain careers, such as eventing or reining, may prove physically dangerous or taxing to the Horse. The parties agree that not all horses are capable of success and continued soundness during training or use in a career. Unfitness or unsoundness resulting from use other than trail riding or flat work does not constitute a reason for return of the animal to the Secretariat Center.6. SUBSEQUENT TRANSFER OF HORSE: New Adopter may further transfer custody and control of the Horse to yet another adopter on the condition that (i) the potential new adopter is approved for adoption in the manner outlined in the Secretariat Center New Adopter Approval Application and related materials, and (ii) the potential new adopter enters into an Adoption Transfer Contract with the Secretariat Center. Finding a new adoptive home for the Horse is the sole duty of New Adopter. If need be and at New Adopter’s request, the Secretariat Center will attempt to assist New Adopter in finding a new adoptive home for the animal. All adoptions and transfers must be to an individual who applies for and is granted the right by the Secretariat Center to adopt the horse. Transfer to an unapproved owner constitutes a breach of this Agreement and allows the Secretariat Center an immediate right to repossession of theAnimal.7. TRACK FOR LIFE: The Secretariat Center has a policy of tracking donated horses for life. The Secretariat Center will send the New Adopter a “Track for Life” form each year following adoption of the horse. Adopter must mail or email a copy of the completed annual track for Life form – which requires an annual vet check of the horse – along with current photographs of the horse to the Secretariat Center for each year of the horse’s life. The Track for Life form and photographs must be submitted to the Secretariat Center by no later than December 31st each year. A $25.00 fee will be assessed against New Adopter for all late submissions. If New Adopter transfers the animal to a third party, New Adopter agrees to obtain commitment from such third party to provide the Secretariat Center with the annual information. Additionally, New Adopter grants the Secretariat Center permission to copyright and use, reuse, publish and republish the photographs submitted with the Track for Life form,without restriction as to changes or alterations, for art, advertising, trade or any other purpose,and to post same on Secretariat Center media properties, such as, but not limited to, SecretariatCenter’s Web site, blog, Facebook page, Twitter account, or on YouTube.8. NO SALE AT AUCTION OR TO SLAUGHTER: The New Adopter agrees thatunder no circumstances will the Horse ever be sold at auction or to slaughter. An adopter who violates this provision may be civilly or criminally charged by the Secretariat Center, its agents or employees.9. EUTHANASIA: New Adopter agrees that if it becomes necessary to euthanize the horse for a valid health related reason, New Adopter must give the Secretariat Center notice of same within 10 days after such euthanasia, said notice to include medical records from a licensed veterinarian showing that the veterinarian recommended euthanasia and that such euthanasia was performed humanely. Notice may be given in writing, by e-mail, or by telephone with medical records to follow.10. RACING: New Adopter agrees that the Horse may never be used for racing.11. BREEDING: New Adopter acknowledges and agrees that mares adopted from the Secretariat Center are not to be used for purposes of breeding Thoroughbreds that may be raced; any exceptions to this provision require the written consent of the breeder or donor of the horse, the Secretariat Center director, and the New Adopter, and will be made only after discussion and review by those parties.12. VISITS: The Secretariat Center reserves the right to visit the Horse or the facility where the Horse is stabled or trained upon twenty-four (24) hours notice. In the event that the Secretariat Center determines, with the aid of a qualified medical professional, that repossession of the animal is appropriate, no such notice is required. Where repossession takes place, the New Adopter agrees that no trespass or other charges will be brought against the Secretariat Center, its agents or employees.13. RIGHT TO REPOSSESS: Please note that if the Horse is found to be either (i) in a physical condition SIGNIFICANTLY less than that in which the Horse left the Secretariat Center (for example: thin with prominence of ribs and/or hip bones, covered with visible open or non-healing wounds or other visible signs of poor care or maltreatment), or (ii) living in asqualid environment such as a stall packed with feces or in a small paddock area continually inundated in manure, liquid or other unhealthy conditions, this constitutes a breach of contract. In such event, Secretariat Center may repossess the Horse without notice or consent of New Adopter. Such repossession must be supported by facts showing the action was medicallyNecessary.14. SEVERABILITY: Should any aspect of this Agreement be found unlawful or unenforceable, that provision may be excised or severed and all other provisions of this Agreement shall remain in force and effect.15. COSTS AND ATTORNEY FEES: Should the Secretariat Center sue New Adopter for breach of contract, New Adopter will be liable for all court costs and related expenses incurred by the Secretariat Center, its agents or employees, including all reasonable attorneyFees.16. LIMITS OF LIABILITY: New Adopter agrees to hold harmless the Secretariat Center, its agents and employees for damages or injury caused to any person or property by the Horse, including any and all costs associated with such damage or injury. New Adopter has been notified that the Secretariat Center encourages the purchase of liability insurance by the New Adopter.17. VENUE AND JURISDICTION: This Agreement is governed by Kentucky law, and venue for any action arising from this Agreement is in Fayette Circuit Court, Lexington,Kentucky.18. WHOLE AGREEMENT: The parties agree that this Agreement constitutes the final and entire agreement between the parties with respect to the subject matter hereof. No amendment hereto may be made unless it is in writing and signed by both parties. By signing this Adoption Transfer Contract, I certify that I have read and understand all of the terms and conditions set forth herein, and agree to all matters addressed therein.