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2007 EBC AUCTION & STALLION SHOWCASE
PARTICIPANTS
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PROGRAM DESCRIPTION |
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GENERAL PROGRAM
GUIDELINES |
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 Straight
Egyptian stallion owners, who are current members of The Pyramid
Society, may donate up to two breedings per stallion to each annual
EBC auction (See
Donated Stallion Breedings-Forms and Guidelines). |
A
Straight Egyptian Stallion Auction is held each year at the Egyptian
Event. |
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Each
breeding sold, entitles both the stallion owner and the purchaser,
to nominate a resulting foal into the EBC Program. |
Straight
Egyptian and Egyptian Sired Yearlings (resulting from these
auctioned breedings), along with their amateur handlers, are
eligible to compete in the EBC classes at the Egyptian Event for
large purses and international acclaim. |
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The Pyramid Society reserves the right to refuse involvement in the
EBC auction based on the participants past history. |
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Broodmares must be purebred Arabian. |
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Breedings are to be used during the breeding season following the
EBC Auction (i.e. year 2007 Auction = 2008 breeding). |
TABLE OF
CONTENTS |
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Unsuccessful breedings may be carried forward one year, if this is
in compliance with the re-breeding right and live foal guarantee
stated in the stallion's contract. |
EBC Program Overview
2007 Auction Guidelines
Transfers/Extenuating Circumstances
Breeding Donation Guidelines
Breeding Donation Form
2007 EBC Auction & Stallion Showcase Participants
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No
breedings may take place, nor EBC foals nominated, until all fees
have been paid in full to The Pyramid Society. |
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To retain
EBC eligibility, foals must be Futurity nominated by December 31st of the mare's breeding
year. |
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Futurity
sustaining fees must be paid by December 31st of the foal's year of
birth to retain EBC eligibility. |
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2007 EBC AUCTION GUIDELINES |
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SILENT AUCTION FORMAT |
BIDDING
PROCEDURES |
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*Sealed bids will be accepted beginning Thursday, June
7th at
9 a.m. at the EBC Auction area, near The Pyramid Society booth.
*Each stallion's top bid will be posted and updated frequently each
day.
*All stallion breedings with bids exceeding $1,000.00
by 5:00 p.m. on Friday, June 8th, will advance to the LIVE auction
on Saturday, June 9th, at 3:00 p.m., in the covered arena.
*The remaining
breedings (those not advancing to the LIVE Auction) will remain open
for continued sealed bidding until 7:00 p.m. on Saturday evening.
*Any
breedings not sold during the Live or Silent auction will be
available for purchase following the Event. |
*Prior to bidding, all bidders MUST read and be willing to
comply with the stallion's breeding contract, which will be on
display in the EBC auction area.
*A $100.00 deposit is
required to obtain a bidder number. This deposit will not be
processed if the bidder is unsuccessful in acquiring a breeding.
*Starting
bids will be 1/2 the stud fee or $1,000.00, whichever is greater.
*Bids must be placed in $100.00 dollar increments.
*All bids are for the stud fee only.
Additional fees related to booking, transported semen, etc., as
reflected in the supplied breeding contract, are the responsibility
of the mare owner. |
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LIVE AUCTION
FORMAT |
SUCCESSFUL BIDDERS
are required to: |
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*All stallion breedings with bids
exceeding $1,000.00 by 5:00 p.m. on Friday, June 8th will be
auctioned LIVE on Saturday, at 3:00 p.m. in the covered arena.
*Representative
Get: If the stallion is not present to participate in the
live auction, the owners may present up to two of his representative
get. The required information for representative get
presentations (see
Breeding Donation Form) must be submitted to The Pyramid Society prior to May
25th for acceptance in the live EBC auction.
*All registered EBC bidders may
participate in the Live Auction. |
*Sign a Purchaser agreement and
pay 1/3 of the final purchase price at the close of bids, 1/3 by
September 1, 2006, and the final 1/3 no later than December 1, 2006.
If accounts are not up to date by the Sept 1st payment date, the
successful bidder may be required to forfeit that breeding with no
refund.
*Absolutely no EBC breedings may take place prior
to payment being received in full by The Pyramid Society.
Official payment notification will be sent to both parties.
*Both the
stallion and mare owners are responsible for honoring the agreement
as outlined in the Breeding Contract, Donation Forms and EBC
Guidelines. |
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BONUS BREEDINGS |
TABLE OF
CONTENTS |
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*Some stallion owners have
generously donated two breedings
to their stallion.
*For stallion services in the Live Auction,
those with Bonus
Breedings will be announced after their first breeding has been
sold. The runner-up bidder will have the right of
first-refusal on the BONUS breeding at the price of the first
breeding. If the runner-up bidder declines, it will be opened
up for additional bids starting at the purchase amount of the first
breeding.
*For stallion services in the Silent
Auction, successful bidders and bonus breedings will be posted
following the close of bids on Saturday evening. Runner-up
bidders will then be given the right of first refusal for bonus
breedings at the price of the first breeding. |
EBC Program Overview
 <<
pageup
2007 Auction Guidelines
<<pageup
>Auction Format
>Live Auction Format
>Bonus Breedings
>Bidding Procedures
>Requirements of Successful Bidders
Transfers/Extenuating Circumstances
>General
>Transfer Policy
>Change of Ownership
>Incapacitation, Injury or Death of Stallion
>Sale or Exportation of Stallion
>Breech of Contract, Infertility, Non-Payment
Breeding Donation
Guidelines & Forms
>Please Note: Stallions
Participating in the EBC Program are eligible to receive a $200.00
discount for the 2006 Stallion Showcase when participating in both
programs. Forms for both programs must be submitted to receive
this discount. See:
STALLION SHOWCASE<<Click
Here. |
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TRANSFERS AND
EXTENUATING CIRCUMSTANCES |
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GENERAL |
BREECH OF CONTRACT,
INFERTILITY, NON-PAYMENT OF FUNDS, IN ADHERENCE TO EBC GUIDELINES,
ETC. |
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*Written documentation pertaining to any extenuating
circumstances affecting the success of an EBC breeding must be sent
to The Pyramid Society office.
*All situations will be
considered on an individual basis. Decisions made by the EBC
Review Board will be deemed final. |
*Both parties will be given the
opportunity to submit all details and grievances in writing to The
Pyramid Society. Any EBC participant who has demonstrated
breech of contract, non-payment of funds due, in adherence to the
program's guideline's, etc. may be refused future participation in
the EBC program. Each situation will be presented to the EBC
Review Board and a final decision made within 30 days. |
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TRANSFER POLICY |
SALE OR
EXPORTATION OF A STALLION |
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*These breeding fees are non-refundable by The Pyramid Society.
*An EBC nomination may be transferred to the following year if a
successful breeding did not occur, or no foal resulted.
*Transfers
can be carried forward 1 year only.
*All stallion service fees paid by
the purchaser to The Pyramid Society will remain in the prize money
account for the original year the foal was to be shown. No money
will be transferred between years.
*Transfers may only take place if
the EBC Stallion’s Breeding Contract allows for a re-breeding and/or
owner transfer.
*Foals must be by the original EBC Stallion; however, there
can be a change in the Mare.
*A written request for transfer, accompanied by a vet statement (when
applicable), must be sent to The Pyramid Society office.
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*Official documentation, signed
by both the purchaser and seller must be sent to The Pyramid Society
office.
* The original stallion owner would not be eligible to enter a foal in
the EBC.
Option 1. If frozen semen had been saved, and the contract
allows for its use, it should be made available to the mare owner.
(Keep in mind that frozen semen often entails additional fees for
the mare owner.) If this is not a viable option and/or no foal
results, both parties may proceed to the following options.
Option 2. If the contract allows, the new owner may honor the
breeding, and both the new owner and the purchaser would be eligible
to enter a foal into the EBC.
Option 3. The money paid to The Pyramid Society may be used
as a “credit” toward the purchase of either another available
breeding for the same year, or the purchase of another breeding from
the following year’s EBC Auction. No refunds or “overage” credits
will be issued. Breedings may be carried forward one year only. |
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CHANGE OF OWNERSHIP |
INCAPACITATION,
INJURY OR DEATH OF A STALLION |
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*These EBC rights, breedings
and/or foals may be sold / transferred to a new owner.
* A written request for a transfer must be sent to The Pyramid
Society by the
original owner. Both parties will then be required to sign and
return the provided transfer form to the Society’s office, allowing
the transfer to be processed and approved.
* The new owner of the breeding/foal must be a current member of The
Pyramid Society
in order for the foal to be eligible to participate in the Futurity
and EBC programs.
*A new owner purchasing a foal that has been nominated to the Futurity and
EBC program should obtain the Futurity confirmation form from the
previous owner, and forward it to The Pyramid Society along with
proof of ownership (i.e., registration or purchase contract). Please
contact the Society’s office with any futurity/EBC eligibility
questions.
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*A vet statement must be sent to
The Pyramid Society office.
* The stallion owner will still be eligible to enter a foal into the EBC
if the contract and program guidelines have been adhered to.
Option 1. If frozen semen had been saved, and the contract
allows for its use, it should be made available to the mare owner.
(Keep in mind that frozen semen often entails additional fees for
the mare owner.) If this is not a viable option and/or no foal
results, both parties may proceed to the following options.
Option 2. If the stallion service contract allows for a
breeding to another stallion, this may take place, although the
resulting foal would not be EBC eligible.
Option 3. The money paid to The Pyramid Society may be used
as a “credit” toward the purchase of either another available
breeding for the same year, or the purchase of another breeding from
the following year’s EBC Auction. No refunds or “overage” credits
will be issued. Breedings may be carried forward one year only.
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2007 EBC AUCTION DONATION FORM |
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2007 EBC AUCTION & STALLION SHOWCASE
PARTICIPANTS
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