Falster Farm's 
General Sales Agreement

"Ranchers of Registered Cattle in Miniature"®

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FALSTER FARM GENERAL SALES AGREEMENT -------  PAGE 2                          Back to Page 1

EXERCISING OPTIONS FOR ADJUSTMENT
The purchaser must notify the seller of his dissatisfaction with an animal in writing within six months of the sale date. This does not apply to Paragraph IX.

In the event an animal is claimed to be a non-breeder, the purchaser may return the animal to the seller's farm if in good condition and is accompanied with a health certificate indicating that the animal is free from infectious and contagious disease. This is done at purchaser's expense. The seller is then entitled to six months trial following return of the animal, at which time he will have the opportunity to determine the animal's breeding ability. If at the end of six months the seller is unable to prove the animal a sound breeder, the seller shall have the option to replace the animal with another of similar quality or to refund the purchase price. If the seller determines the proven breeding ability of the animal it shall be the obligation of the purchaser to accept delivery of the animal. All transportation is to be at the purchaser's expense.

If a female is sold under the conditions "safe in calf" and she proves to not be pregnant, the purchaser may receive service of the bull to which she was previously served, if available, or service to another bull of the purchaser's choice owned by the seller, or an adjustment of 25 percent of the purchase price which should be considered satisfactory settlement and will relieve the seller from further liability, except in case such female proves to be a non-breeder. The expense of transportation shall be an obligation assumed by the purchaser.
    If a female is sold as "served" or "pasture bred" and proves not to be safe in calf, the purchaser may return the female to the farm of the seller at the purchaser's expense to be served to the bull previously used, if available, or to another bull made available by the seller and agreed upon by the purchaser.
    If a female sold as "open" proves to be with calf, the purchaser may return the animal to the farm of the seller for a refund of full purchase price or for another animal of similar quality. In all cases it shall be the obligation of the purchaser to bear any expense resulting from transportation.
 

THE AFOREMENTIONED TERMS AND CONDITIONS SHALL CONSTITUTE A CONTRACT BETWEEN THE PURCHASER AND SELLER OF EACH ANIMAL SOLD UNDER THESE TERMS, AND SHALL BE BINDING UPON BOTH. ANIMALS RESOLD FOLLOWING PURCHASE IN A SALE SHALL CONSTITUTE A SEPARATE TRANSACTION AND THE PRIVILEGES AND OBLIGATIONS OF THE ORIGINAL TWO PARTIES CONNECTED THERETO ARE NOT COVERED BY THE TERMS AND CONDITIONS OF THIS SALE.

IT IS UNDERSTOOD AND AGREED NEITHER THE AMERICAN HEREFORD ASSOCIATION, NOR ITS OFFICERS, DIRECTORS OR EMPLOYEES ARE IN ANY WAY RESPONSIBLE OR LIABLE FOR ENFORCING THE TERMS AND CONDITIONS OF THE AGREEMENT IN TRANSACTIONS BETWEEN PURCHASERS AND SELLERS.

For additional information refer to the American Hereford Association's Articles of Incorporation, By-laws and Rules and Regulations of said Association.

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Karl & Nancy Falster

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        Falster Farm

        Karl & Nancy Falster

        2112 CR-4778

        Winnsboro, Texas 75494

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903.629.3034

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