[Contract] Eff7 pick sale

IGN:
@sick24

Users Involved in this Contract:
@mista_J

General Purpose of Contract:
Safe sale and payment of an eff7 pickaxe

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:
Will give full access of the efficiency 7 pick (named "Diamonds or Rito") to @mista_J upon approval of this contract. Will set up a sign at -10977 88 1674 (rising) for @mista_J to deposit the payments in. Give "/own" ownership of the pick to @mista_J upon completion of the payment.

The other user(s) involved with this contract must agree to the following terms:
Deposit 850k into the sign located at the above coords by 31 days from the approval of this contract (June 22, 2015.) Should the pick be lost at any time during the payment period, all attempts will be made to find the pick and resume the payment period in a timely manner. A late fee of 5k per day will be assessed for every day after the 31 days are complete and the payment is still outstanding.

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