Co-Ownership of Eff 10 axe

IGN:
@DrowningInPizza

Users Involved in this Contract:
@bobbysix6

General Purpose of Contract:
Sharing of a star axe (eff 10)

Spoiler: Eff 10 name and item ID

I (the contract initiator) agree to the following terms, and agree that my failure to complete such terms will result in a breach of contract, as outlined in Rule 3:
I agree to give co-ownership of star axe to @bobbysix6
I agree to keep the star axe in a locked and labelled room, in a locked chest at /warp underland.
I will remain on the /own for this tool

The other user(s) involved with this contract must agree to the following terms:
@bobbysix6 will share ownership of star axe with @DrowningInPizza
When @bobbysix6 is finished using the tool, he must return it to the designated room and chest at /warp underland
If by any circumstance @bobbysix6 might lose/break the star axe, he will owe @DrowningInPizza a new star axe one month after the date the tool was broken/misplaced.

I agree that the terms in this contract are subject to all of EcoCityCraft's rules, including the rules listed specifically in this forum. I understand that the contract may be affected by future changes in EcoCityCraft rules and server updates, and I accept that due to the possibility of such changes, this contract may be at my own risk. I understand that the contents of this contract are subject to staff assessment, review and approval before it is a binding contract under EcoCityCraft rules. I accept that action may not be taken in case of a breach of contract if appropriate and sufficient evidence is not provided of such.:
I agree