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WHAT AND WHY WE RETAIN A SEMEN INTEREST IN EVERY BULL. RETAINED INTEREST
at the time of the sale. In the event that the buyer elects to purchase exclusive semen marketing rights, then R.A. Brown Ranch retains the right of first refusal on the purchase of natural service rights of the bull if the original buyer decides to sell the natural service rights and or possession of the bull anytime during his lifetime. REALISTICALLY SPEAKING - It is unlikely that large amounts of semen will be sold from very many bulls. However, the reason we are keeping an interest in every bull, is that we want to keep it simple and we have great bulls scattered throughout the sale. The bulls that do develop a market for large amounts of semen can be very financially rewarding; therefore, as a breeder of some of the best seedstock in the industry, we want to share with you in these bulls. Even bulls sold to commercial herds may become popular at a later time, especially if carcass data is collected on their calves. We want to be a great partner with you. SEMEN RIGHTS - Buyers receive semen rights proportional to the interest purchased. Therefore if you purchase a 1/2 revenue-sharing semen interest then you are entitled to 1/2 of the semen collections at cost provided that you indicate that you want semen prior to collection. If you choose to collect semen from one of these bulls as an “insurance policy” for your own use, that semen is 100% yours, but before any semen is collected on any bull in this sale, R. A Brown Ranch must be notified. FURTHER TERMS IN THIS REGARD - See Sale Terms and Conditions at the back of the catalog.
OWNERSHIP - We are selling full possession, full salvage value and 1/2 revenue-sharing semen interest in every bull in this sale. This means the bull is totally in your control in how you want to handle him plus you get 100% of the salvage value of the bull. We are retaining 1/2 revenue-sharing semen interest in every bull in this sale. This simply gives us the right to half of the semen sales revenue from the bull if at some time in the future, semen sales become a reality. If you choose to sell the bull to anyone else, R.A. Brown Ranch (and Cooperators) retain our semen interest in the bull. If you wish to buy a bull in this sale and would prefer that we did not retain a semen interest, then please talk with us about it prior to the sale and we will consider selling the bull(s) to you without us retaining an interest and make that agreement in writing prior to the sale. The buyer may elect to purchase as much additional semen interest as you desire by paying the additional pro- rated amount. For example you can purchase 2/3 or 3/4 semen interest by paying an additional 33% or 50% of the final bid price respectively. If a buyer is not interested in marketing the semen from a bull then R.A. Brown Ranch reserves the right to collect a semen bank on the bull at our cost and the buyer’s convenience. That semen would be 100% owned by the R.A. Brown Ranch for our use or marketing. EXCLUSIVE SEMEN MARKETING RIGHTS - The buyer may elect to purchase exclusive semen marketing rights on any bull in this sale by paying double the final bid price on the bull
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