Genetics

Semen Rights on Bulls

Semen and Cloning Interests Retained in Bulls

We have selected several bulls as being of particular interest and merit. These bulls are referred to herein as “nominated bulls” and are identified in the catalogue by a shaded box containing the words “Retaining
Semen Marketing Rights and 50% Revenue Sharing Interest”.

Animals in this Sale that are nominated to retain a semen interest in are sold with the following conditions;

• Each animal sold is the physical property of the purchaser. The purchaser is entitled to collect semen for use in their own herd only at any time. The purchaser is entitled to 100% of the salvage value of the bull.

• Lawsons Angus retains the right to access the nominated bulls at a future date for the purpose of semen production with the semen to be used within the Lawson’s Angus program. Semen will be collected at the expense of Lawsons Angus and at a negotiated time and place most convenient to the new owner and Lawsons Angus.

• Nominated bulls are sold with Lawsons Angus retaining exclusive semen marketing control, and a percentage of all semen royalties as nominated on the individual lot.

• Lawsons Angus may offer any purchaser, being a syndicate, semen company or other, the controlling interest in semen marketing of nominated bulls provided the prospective purchaser nominates their intentions to Lawsons Angus prior to Sale, and at that time negotiate ongoing marketing/royalty terms acceptable to Lawsons Angus.

• If a bull is re-sold by a purchaser, Lawsons Angus retained interests persist with the new owner.

• Lawsons Angus retains exclusive cloning rights on all animals sold. No animal may be cloned without written consent from Lawsons Angus.

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