IGN: @Whammerist5 Users Involved in this Contract: @Schmeelke General Purpose of Contract: This contract is for a 75k loan to @Schmeelke. 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: Within 12 hours of this contract being approved, I will pay @Schmeelke $75,000.o0 ECD. I will then set up a trade sign where @Schmeelke can pay $90,000.00 ECD in exchange for 1 dirt at /warp babylon. The trade sing will be in Rising, at co-ordinates, -715 65 2073. Once I am added to @Schmeelke's town, "kadara", in Legacy, I may not create or destroy any blocks in the town. If I do so, it will be a breach of contract. If @Schmeelke pays back the loan within 15 days of the contract being approved, I will remove myself as owner from the town of "kadara" of Legacy. The other user(s) involved with this contract must agree to the following terms: @Schmeelke, within 12 hours of this contract being approved, will need to add me as owner to his town, "kadara" in Legacy. @Whammerist5 must stay as owner of this town until the loan is paid back. @Schmeelke will be be required to pay 90k to @Whammerist5 at the Trade Sign listed above within 15 days of this contract being approved. if they fail to pay the 90k on time they have 3 days to remove all owners besides @Whammerist5. If @Schmeelke fails to pay off the loan in time he will not be allowed to create/destroy any blocks in the town. If he does this it will result in a breach of contract. 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.: Yes.
IGN: Schmeelke I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: Yes
Make sure to tag them correctly here Here too Also here And here. Please state the coordinates and world name of where this trade sign will be/is. Also please state when you will create the trade sign. When will you be added to this town? Please also state here when the loan is due. This part is a bit confusing. I would change it to if they fail to pay the 90k on time they have 3 days to remove all owners besides you. Please state the world that this is in Same thing here @Schmeelke you will need to re-sign after the changes are made.
IGN: Schmeelke I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: Yes @Schmeelke @Whammerist5
Sorry, one last thing. This part is a bit confusing. Have it say something like "If schmeelke fails to pay off the loan in time he will not be allowed to create/destroy any blocks in the town. If he does this will result in a breach of contract." @Schmeelke you will need to re-agree again.
IGN: Schmeelke I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: Yes @Schmeelke @Whammerist5
Looks good! Don't forget to take time-stamped screenshots by double tapping f2 when necessary! Locked - Contract Approved.