Cavallo Ranch - Grazing Agreement

Background

A. The Owner owns the property located at 474 Wanaka-Luggate Highway, Wanaka (Property) and is the

Licensor under this Licence.

B. The Owner has agreed to grant the Licensee a Licence to graze horses and ponies on the Property

subject to the terms of the Licence below.

Operative part

1. Term

1.1 The term of the Licence shall run month to month commencing on 29 March 2024.

1.2 The Licence can be terminated at any time by either party by giving 30 days’ notice in writing to the

other party.

2. Licence Area

2.1 The Licensee may use areas of the Property as allocated by the Owner. This area may change from time

to time at the sole discretion of the Owner (Licence Area).

2.2 Owners are free to use jumping, dressage arena, round pen and hacking tracks. It is suggested that you

book the arena with the manager through our website. Cavallo Ranch will notify Grazers of any clinics

that will affect the arena availability.

3. Licence Fee

3.1 The Licensee will pay a licence fee (Licence Fee) to the owner’s bank account

3.2 If the Licensee does not pay the Licence Fee when it falls due, the Licensee shall pay interest on the

outstanding Licence Fee at 2% per annum.

3.3 The Owner may review the Licence Fee from time to time and increase the Licence fee by giving 14

days’ notice in writing to the Licensee.

4. Use of the Licence Area

4.1 The Licence Area may only be used for the grazing of horses and ponies.

4.2 For the avoidance of doubt, dogs may be brought to the Licence Area as long as they are under control

and supervision at all times.

5. Damage

5.1 The Licensee must report any damage caused to the Licence Area or items within the Licence Area by

the Licensee, the Licensee’s guests, horses or ponies to the Owner or the Farm Manager immediately

(using the contact details provided at Schedule 1).

5.2 Any damage (beyond fair wear and tear) will be repaired by the Owner at the expense of the Licensee.

6. Insurance

6.1 The Owner will insure the buildings and structures located on the Licence Area.

7. Licensee’s Obligations

7.1 The Licensee will:

7.1.1 Sign the Release and Waiver of Liability at Schedule 2 prior to riding a horse or pony on the

Licence Area.

7.1.2 Be responsible for the health and welfare of any horses or ponies grazing on the Property;

7.1.3 Be responsible for any guest of the Licensee on the Property;

7.1.4 Worm all horses and ponies before the arrive on the Property;

7.1.5 Remove any manure from the Licence Area on a regular basis and put into the bins provided;

7.1.6 Wear a helmet at all times when riding a horse or pony;

7.1.7 Wear appropriate footwear when riding or handing horses;

7.1.8 Pay for any feed or hay in advance; and

7.1.9 Only complete horse jumping if someone else is present.

8. Owner’s Rights

8.1 The Owner reserves the right to:

8.1.1 Call a vet out at the cost of the Licensee if a horse or pony requires urgent veterinary

attention;

8.1.2 Remove halters/covers if they are contributing to animal welfare concerns; and

8.1.3 Move the horses or ponies within the Property if required.