SJW Equestrian, LLC,

Stone River Barns, LLC, and Stone River Ranch, LLC.

LIABILITY RELEASE FOR VISITORS AND PARTICIPANTS IN EQUINE ACTIVITIES

(Virginia Code § 3.2-6200 et seq.)

I, the undersigned, HEREBY ACKNOWLEDGE that participating in equine activities or visiting facilities

at the premises located at 36879 Mountville Rd, Middleburg VA 20117 (the “Premises”), which Premises is

owned by Stone River Ranch, LLC and exclusively leased by Stone River Barns, LLC, can be dangerous. I

acknowledge the inherent risks involved in riding and working around horses, which risks include bodily

injury from using, riding or being in close proximity to horses, among other risks, and I further

acknowledge that both horse and rider can be injured in normal use or in competition and schooling. I

FULLY UNDERSTAND THAT RIDING HORSES AND PARTICIPATING IN OTHER EQUINE ACTIVITIES

INVOLVES CERTAIN INTRINSIC DANGERS OR CONDITIONS THAT ARE AN INTEGRAL PART OF EQUINE

ACTIVITIES, INCLUDING: (I) THE PROPENSITY OF EQUINES TO BEHAVE IN WAYS THAT MAY RESULT IN

INJURY, HARM, OR DEATH TO PERSONS ON OR AROUND THEM; (II) THE UNPREDICTABILITY OF AN

EQUINE'S REACTION TO SUCH THINGS AS SOUNDS, SUDDEN MOVEMENT, AND UNFAMILIAR OBJECTS,

PERSONS, OR OTHER ANIMALS; (III) CERTAIN HAZARDS SUCH AS SURFACE AND SUBSURFACE

CONDITIONS; (IV) COLLISIONS WITH OTHER ANIMALS OR OBJECTS; AND (V) THE POTENTIAL OF A

PARTICIPANT ACTING IN A NEGLIGENT MANNER THAT MAY CONTRIBUTE TO INJURY TO THE

PARTICIPANT OR OTHERS, SUCH AS FAILING TO MAINTAIN CONTROL OVER THE EQUINE OR NOT

ACTING WITHIN THE PARTICIPANT'S ABILITY. I WISH TO PARTICIPATE IN THESE EQUINE ACTIVITIES

KNOWING THAT THEY ARE DANGEROUS AND I HEREBY AGREE TO ACCEPT AND ASSUME ALL RISKS OF

INJURY (INCLUDING DEATH) TO ME OR MY PROPERTY RESULTING FROM MY PARTICIPATION IN SUCH

ACTIVITIES.

In consideration for being permitted to participate in said equine activities, I KNOWINGLY WAIVE

ALL OF MY RIGHTS TO SUE, AND UNCONDITIONALLY REMISE, RELEASE, ACQUIT, AND FOREVER

DISCHARGE, STONE RIVER RANCH, LLC, STONE RIVER BARNS, LLC, SJW EQUESTRIAN, LLC, ITS OWNERS,

OFFICERS, DIRECTORS, MEMBERS, SHAREHOLDERS, EMPLOYEES, AGENTS, AFFILIATES, OR GUESTS, OR

ANY LANDOWNERS, LANDHOLDERS OR OTHER PERSONS MAKING PROPERTY AVAILABLE FOR THE

APPLICANT, ITS AGENTS AND EMPLOYEES (COLLECTIVELY, THE “FULLY RELEASED PARTIES”), FROM AND

AGAINST ANY AND ALL LIABILITIES, CLAIMS, ACTIONS, CAUSES OF ACTIONS, OR OBLIGATIONS ARISING

FROM OR RELATED TO ANY INJURY (INCLUDING DEATH) TO ME, OR TO ANY INJURY, LOSS, OR DAMAGE

TO ME OR ANY OF MY PROPERTY RESULTING FROM ANY OF THE INTRINSIC DANGERS OF EQUINE

ACTIVITIES OR IN ANY WAY ARISING OUT OF MY PARTICIPATION IN SUCH EQUINE ACTIVITIES OR

RELATED ACTIVITIES, WHETHER OR NOT SUCH INJURY, DEATH, LOSS, OR DAMAGE IS THE RESULT OF

THE NEGLIGENCE OF ANY PARTY. I FURTHER AGREE TO HOLD HARMLESS AND INDEMNIFY THE FULLY

RELEASED PARTIES FROM ANY LOSS, LIABILITY, DAMAGE, COST, OR RESPONSIBILITY INCURRED BY

THEM IN CONNECTION WITH ANY CLAIMS, DEMANDS, OR ACTIONS MADE OR BROUGHT BY ANY PARTY

RELATING TO MY PARTICIPATION IN EQUINE ACTIVITIES.

I ACKNOWLEDGE THAT ANY PARTICIPANT IN EQUINE ACTIVITIES IS REQUIRED TO WEAR AN

ASTM/SEI CERTIFIED EQUESTRIAN HELMET WHILE MOUNTED.

I HAVE CAREFULLY READ THIS RELEASE, WAIVER OF RIGHTS TO SUE, ASSUMPTION OF RISKS, AND

AGREEMENT TO HOLD HARMLESS AND INDEMNIFY AND FULLY UNDERSTAND ITS CONTENTS. I AM

AWARE THAT THIS IS A RELEASE OF ALL LIABILITY AND A CONTRACT BETWEEN MYSELF AND THE FULLY

RELEASED PARTIES AND I SIGN IT OF MY OWN FREE WILL and further agree that no oral representations,

statements, or inducements apart from the foregoing written agreement have been made.