ILR Incentive Fund and Universal Awards Program

The purpose of the ILR Universal Awards Program is to give ILR members the opportunity
to add value to their llamas by awarding points for participation in a wide variety of llama activities.
It is the intention that this award program enhance existing llama organizations by increasing awareness,
excitement and participation by recognizing those who actively use their llamas.

The purpose of the ILR Incentive Fund is to provide an additional reason for llama owners to exhibit their animals in the show arena. The ILR Incentive Fund pays cash dividends for Universal Award points earned by nominated llamas in the show arena.

    – Help offset the cost of showing
    – Make your llamas more marketable
    – Add value to your animals

Points earned will be tabulated from all ILR UAP open halter, performance, walking fleece, and adult showmanship classes (all UAP show arena classes except group and youth classes).

Herd Sires are nominated on an annual basis. Offspring of nominated herd sires are eligible for lifetime nominations.

Nomination fees are divided and paid annually. Payouts are based on the total number of point-earning llamas enrolled in the program and the number of points earned by those llamas in a given year. After the ILR retains 10% for administrative costs, the remaining nomination fees will be divided up:

    – Herd Sire nominator receives 20%
    – Offspring nominator receives 10%
    – Offspring’s recorded owner receives 70%.

IF Specifics for 2008

HERDSIRES

Herdsires must be nominated annually.

Fees

Base Fee of $100 per offspring (with a maximum of $500 for 5 or more offspring) if nominated before June 30.
Base Fee of $150 per offspring (with discounts for additional offspring) if nominated between June 30 and September 30.
Base Fee of $200 per offspring (with discounts for additional offspring) if nominated between September 30 and December 31.

Eligible offspring

Offspring born in the calendar year in which the sire is a nominated sire in the ILR IF program are eligible to be enrolled in the ILR IF program.
To kick off the program, in 2008, sires will be nominated retroactively so that offspring born in 2006 and 2007 are also eligible for enrollment.

Payout

Herdsire nominator receives 20% of offspring earnings

OFFSPRING

Offspring are enrolled once for life

Offspring born in 2006 or 2007 with a nominated sire*

$100 if enrolled before June 30, 2008
$150 if enrolled between July 1 and September 30, 2008
$200 if enrolled between October 1 and December 31, 2008
Beginning January 1, 2009, fees will be based on the age of the offspring at the time the offspring is enrolled.

Offspring born in 2008 with a nominated sire
1. $100 if enrolled between 0 and 6 months of age
2. $200 if enrolled between 6 months and 12 months of age
3. $300 if enrolled between 12 months and 18 months of age
4. $400 if enrolled between 18 months of age and 24 months of age
5. $500 if enrolled after 24 months of age
Offspring born in 2006, 2007 and 2008 without a nominated sire

To kick off the program, in 2008, offspring from sires that have not been nominated into the ILR IF program can be enrolled in the program for a one-time fee of $250.

Payoff

Offspring’s enroller receives 10% of earnings
Offspring’s recorded owner receives 70% of earnings
All offspring enrolled in the ILR IF program will be designated in the ILR database as participating in the ILR IF program.
* 2009 Fees with a nominated sire
$100 if enrolled between 0 and 6 months of age
$200 if enrolled between 6 months and 12 months of age
$300 if enrolled between 12 months and 18 months of age
$400 if enrolled between 18 months of age and 24 months of age
$500 if enrolled after 24 months of age

BENEFITS

Benefits for Nominated Herd Sires

Potential earnings from offspring points – 20% of all offspring winnings.

Advertising potential – nominated herd sires will be listed in Herd Sire Row on the ILR website and identified as being paid up in the ILR IF program. Links to their animal information and a link to the nominator’s homepage will be included. Advertising in other venues could/should also include the notation that the sire is nominated into the ILR IF program.

Beginning in 2009, after the payouts for 2008 have been completed, the ILR IF earnings for participating herd sires will become part of the herd sires’ records on the ILR website.

Experience from other species which use this type of program demonstrate that offspring of nominated herd sires bring a premium in the selling price and/or a marketing edge because the offspring are eligible to earn cash from placing in the show arena.

Nominating a herd sire should increase the value of outside breedings because the offspring of females bred to nominated herd sires may bring a premium in the selling price and/or a marketing edge. Just the increased value of outside breedings may allow the owner to recoup the costs of their ILR IF investment.

Benefits for Breeding Females

Breeding to a nominated herd sire may increase the value of the cria because the cria are eligible for the program and should bring a premium in the selling price and/or a marketing edge.

Breeding to a nominated herd sire will provide you with the opportunity to enroll the cria for a low rate at the same time you register it. Even if you choose to sell the offspring, you will remain its IF enroller and receive 10% of its program earnings for life.

Beginning in 2009, after the payouts for 2008 have been completed, the ILR IF earnings for all ILR IF females will become part of the females’ permanent records on the ILR website. In addition, we will track and post the earnings of all the participating offspring of all females and post the cumulative earnings on the ILR website.

Benefits for Enrolled Offspring

The current owner of enrolled offspring will receive 70% of any IF earnings of that llama over its lifetime.

The ILR registration papers and the ILR website will clearly show that the llama in question is participating in the IF program. This may increase the market value of the llama because they will have money earning potential for their entire lifetime.

Industry Benefits

The ILR IF program should encourage llama owners to show their llamas more often and to show them for more years because they have the potential of receiving cash for any points earned in the show arena.

ILR Members can earn lifetime points for ILR registered llamas for:

·       Participating in parades
·       Visiting nursing homes
·       School programs
·       4-H program and FFA participation
·       Organized packing events
·       Pack Trials
·       Driving
·       Walking Fleece competitions
·         Showing
·       . . . and More!

Also when you compete in the show ring, earn:

ILR Champion Trophy Awards

– in Halter, Performance, Showmanship, Produce of Dam, Get of Sire

ILR Versatility Champion Award

ILR UAP Premier Sire Award

Premier Produce of Dam Award

Premier Get of Sire Award

ILR Supreme Champion Award

Award designs are not finalized, but promise to be unique “one of a kind” awards!

ILR Youth Members can earn points for many activities involving llamas:

Participating in parades
Visiting nursing homes
School programs
4-H and FFA participation
Organized packing events
Pack Trials
Driving
Walking Fleece competitions
Showing – including halter classes!
. . . and More!

Year-End Top Ten Awards in the following categories:

High Mileage Pack Llama
High Mileage Driving Llama
Public Relations Llama
Walking Fleece
Female, Male, Non-Breeder Halter
Open, Advanced, Novice Obstacle
Open, Advanced, Novice Public Relations
Open, Advanced, Novice Pack
Showmanship
Female, Male, Non-Breeder Youth Halter
Youth Obstacle
Youth Public Relations
Youth Pack

You will be able to record your involvement with your llamas on the ILR website in the near future. Points are awarded to the llamas involved and to the Youth participants. All activities for 2008 will qualify. Until the online capability is available, you need to keep track of the following information for each event in order to enter it when the online setup is complete:

In order to have the points recorded for involvement in shows, the show superintendent must submit the complete results from the show to the ILR office. Ideally they are sent through ShowManager but, if ShowManager was not used, a spreadsheet can be sent via e-mail to ilr@lamaregistry.com and the results for ILR members will be recorded.