• Payment 1 ($2,500) is due no later than December 31, 2019, with no penalty
  • If $2,500 is not received by December 31, 2019, then $2,500 PLUS a $1,000 late fee is due no later than with Payment 2
• Payment 2 ($2,500) is due no later than July 31, 2020, (end of open qualifying period)
  • Thus if all payments are not received by July 31, 2020, then all previous payments are due ($2,500 + $2,500) PLUS a $2,000 late fee for a total of $7,000 due NO LATER THAN with Payment 3 by September 17 $2,500 
  • Thus, a total of $5,000 is due by July 31, 2020, if all payments are made on-time
• Payment 3 ($2,500) is due September 1, 2020, with open world show entry
  •  Thus, a total of $7,500 is due by September 17, 2020, if all payments are made on-time
• Post-Entry Payment by October 1, 2020, $15,000
  • Nominations made as a post-entry from September 18 through October 1 will be accepted with a total of nomination payments and late fees equal to $15,000

Total Paid via “Nomination” Concept if all Payments received by deadlines = $7,500
Less Total Open Halter Admin Fee deducted from final payment = $105
Total Purse Generated per Horse (assumes no late fees) = $7,395

*No refunds; except in the event of the death of a nominated horse, and with the submission of the Certificate of Registration to AQHA, two options exist:

a) refund of all fees; or 
b) substitution, with no penalty, of an entry for the sex and age division nominated

*In the event of new ownership during the payment period: to retain eligibility, an additional $500 payable to the purse by the new owner for each recorded ownership transfer of a horse is required.