[Contract] Efficiency 7 Exchange

Discussion in 'Approved Contracts Archive' started by xHarambae, Jan 22, 2020.

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  1. xHarambae

    xHarambae President
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    IGN:

    @MassaHarambe

    Users Involved in this Contract:

    @cjmk75

    General Purpose of Contract:

    Transferring of the Efficiency 7 (#K15U9IQ9) ownership from @MassaHarambe to @cjmk75
    in exchange for $2,400,000 ECD.

    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:
    • @MassaHarambe ensures to transfer the ownership of the Efficiency 7 (#K15U9IQ9) once the full payment of $2,400,000 ECD has been paid by @cjmk75 in the 8 week (56 days) time period.
    • If the full payment including ALL late fees is not made within 10 weeks (70 days) after the approval date of this contract, @MassaHarambe may reclaim the Efficiency 7 Pickaxe (#K15U9IQ9) and file a complaint for breach of contract.
    The other user(s) involved with this contract must agree to the following terms:
    • @cjmk75 will transfer $400,000 ECD within 24 hours of this contract's approval.
    • @cjmk75 agrees to transfer $2,000,000 ECD on a payment to @MassaHarambe within 8 weeks (56 days) of this contract's approval at the chest shop located at x: 40 y: 63 z: -10883 where it will be setup in 16 increments of $125,000 ECD.
      • The payment plan schedule will follow as:
        • Week 1 (1/30/2020): $250,000 ECD
        • Week 2 (2/6/2020): $250,000 ECD
        • Week 3 (2/13/2020): $250,000 ECD
        • Week 4 (2/20/2020): $250,000 ECD
        • Week 5 (2/27/2020): $250,000 ECD
        • Week 6 (3/5/2020): $250,000 ECD
        • Week 7 (3/12/2020): $250,000 ECD
        • Week 8 (3/19/2020): $250,000 ECD
        • Week 9 (3/26/2020): $300,000 ECD
        • Week 10 (4/2/2020): $300,000 ECD
          • Green = scheduled payment plan
          • Red = scheduled payment plan WITH late fees
        • @cjmk75 agrees to transfer $600,000 ECD in late fees if the full payment has not been made to @MassaHarambe within 8 weeks (56 days) of this contract's approval. @cjmk75 will be given 2 weeks (14 days) extra to pay the late fees ($600,000 ECD) + original agreement ($2,400,000) for a grand total of $3,000,000 ECD.
    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
     
    #1 xHarambae, Jan 22, 2020
    Last edited: Jan 22, 2020
  2. cjmk75

    Mythic ⚔️ I ⚔️ Resident ⛰️ Ex-President ⚒️⚒️

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    I agree
     
  3. cjmk75

    Mythic ⚔️ I ⚔️ Resident ⛰️ Ex-President ⚒️⚒️

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    I agree with the edited contract as well.
     
  4. zwunder

    zwunder Builder
    Builder ⛰️ Ex-EcoMaster ⚜️⚜️⚜️⚜️

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    Contract approved!
     
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