TURF PARADISE 2015.PDF

County Fair Agreement
Date: October 26, 2015
Parties: 1. Turf Paradise L.L.L.P., hereinafter referred to as "Turf'.
2. Maricopa County Fair, Inc., a private, nonprofit Arizona corporation,
hereinafter referred to as "Fair"
Subject: Maricopa County Fair racing meetings to be conducted at Turf
Paradise Race Track, hereinafter referred to as "Race Track", located at
19th Avenue and Bell Road, Phoenix, Arizona.
Turf is the owner of the Race Track and regularly conducts horse racing at said track, The Fair
has contracted Turf seeking to arrive at an agreement which will provide for and permit Fair to
conduct a race meeting at the Race Track as prescribed by A.R.S. 5-111E. Date for the race meet
is January 2nd, 3rd, 9th, and 10th, 2016, January 7th, 8th, 14m, and 15th, 2017, January 6th, 7th, 13th,
and 14th, 2018.
The parties agree to the following:
1) Fair has submitted and this agreement becomes a part of an application before the
Arizona Racing Commission, hereinafter referred to as "Commission", for a permit to conduct a
horse racing meeting at the Race Track on January 2 nd, 3m, 9th and 10th, 2015. The application is
subject to Commission approval under Arizona Revised Statutes.
2) For a number of reasons, including but not limited to Fair's lack of financing, experience
and personnel necessary to conduct a good and appropriate horse race meeting, Fair has
requested Turf to agree, and Fair and Turf hereby do agree, that Turf, as agent for and on behalf
of the Fair, shall provide the necessary financing and personnel for conducting Fair's horse
racing meeting at the Race Track on the aforementioned days on the following conditions to
which Turf and Fair hereby mutually agree:
a) All of the expenses relating to the horse racing to be conducted during the
Fair meeting on the aforementioned days, and any losses resulting
therefrom of every kind and nature whatsoever, shall be borne by Turf,
and Fair shall in no way be responsible for or obligated therefor.
b) Except as hereinafter provided, all of the income and profit derived from
the conduct of horse racing at the Fair meet, including but not limited to
admissions, concessions, etc. shall be retained by and belong to Turf.

c) Fair shall contribute to the purse schedule for the aforementioned days if
the Fair receives purse money from the Arizona County Fairs Racing
Fund.
d) All profits during the fair meet, less our usual management fee, will be paid to
Maricopa County Fair, Inc. The management fee is defined as all amounts in excess of
2% of all handle wagered on and off track in the State of Arizona on all live (non-
simulcast) races during the county fair meet less any amount which may hereafter be
assessed by the state of Arizona pursuant to the provisions of A.R.S. 5-111-D.
e) Turf Paradise shall provide Fair and Commission with a complete
financial report on the Fair's racing meeting within 60 days after said
meet.
3) Fair shall be named as additional insured on Jockey insurance and all other liability
insurance during the Fair's racing meeting at the Race Track
4) Turf shall supply Commission with purse schedule, number of races to be held each day
and the claiming price, if any.
5) Turf shall supply any other information to the Commission relating to the Fair's
application for a racing meeting at the Race Track.
Signatures below indicate acceptance of this agreement as written.
October 26, 2015
Dave Johnson V Date
Vice President, Assistant General Manager
pa Count-3?air, Inc.
October 26, 2015
Name Date
Karen Searle
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Executive Director
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