Irish Eyes Stable L.L.C Bylaws as of June 10,2010 

1. The investor agrees to pay a percent amount agreed upon for investment of each horse.  In return he or she will receive the same percent from there horse's earnings from purses, claiming or sale income .
2. All expenses for the care, upkeep and training of the horses will be paid by the Investor according to their percentage of investment. 
3. A Statement will be sent out once a month, showing income from their percentage of horses and expenses.  The Investor will be responsible for the difference.  If their investment shows a profit at the end of each quarter the investor can opt to receive funds or keep profits in his or her's account with Irish Eyes Stable.

All decisions about the disposition of each horse will be made by majority with due consideration given to the input of Irish Eyes three partners  John Becker,John Donahue and Gary Donahue

If an investor has 1% to 14%  and fails to pay their percentage of monthly expenses management will deduct 3% of their initial investment starting with the first month of delinquancey.

If an investor has 15% or more and fails to pay their percentage of monthly expenses management will deduct 5% of their initial investment starting with the first month of delinquancey.  

When a investor falls behind and once he or she becomes current with his or hers monthly expenses, Irish Eyes will reinstate the investor's original investment percentage.