OKLAHOMA BRED FUNDS AGREEMENT.25

Owner Funds Disbursement Agreement

In previous years it was customary for the Bookkeeper to automatically deduct the owner’s account an additional payment to jockeys based on the Oklahoma Bred Purse Supplement earned. It has come to our attention that we must now require each owner to “Opt-In” for that deduction. Each owner that wishes to pay their rider based on the additional purse supplement must complete a form and submit it to the bookkeeper BEFORE the running of the race in which they have an eligible Oklahoma Bred horse.
This online form can be conveniently completed by owners, and upon submission, a copy will be forwarded directly to the bookkeeper at each Oklahoma track. If you would prefer to have a hard copy, those can be obtained from the horsemen’s bookkeeper.
This Fee Agreement ("Agreement") dated as of
Date*

MonthDayYear
Date
Owner:*

First NameLast Name
Owner Address:

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Owner hereby agrees to pay Jockey the equivalent percentage from the Oklahoma Bred Funds earned by any Accredited Oklahoma Bred horse who run in any races in which horses areeligible for additional funds from the Oklahoma Bred Development Fund, in addition to fees provided for in OHRC Rule 325:25-1-30 Jockey Mount Fees.

Furthermore, Owner hereby authorizes the Horseman’s Bookkeeper to deduct and transfer jockey fees as calculated in the paragraph above (“Jockey Fees”) at the winning percentages indicated in OHRC Rule 325:25-1-30 Jockey Mount Fees, which will be inclusive of and calculated using the regular purse amounts and the Oklahoma Bred Funds.
This agreement shall/shall not apply to all partnerships that owner manages:*
List Applicable Partnerships
This agreement will be in effect at all Oklahoma racetracks for all Quarter Horse, Paint and Appaloosa races unless the horsemens bookkeeper at specific track is notified in writing otherwise.
Signature of Owner or Duly Authorized Agent*

Clear
Print Name*
Owner Email*
example@example.com
Owner Phone Number:*
Please enter a valid phone number.
Copies Provided to: Racing Office Horsemen's Bookkeeper
OQHRA does not accept any responsiblity over this agreement. OQHRA has offered to distribute an online agreement option for the owners to utilize. You can also obtain a form from the horsemans bookkeeper, you are not required to use this form.
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Owner Funds Disbursement Agreement

This Fee Agreement ("Agreement") dated as of