[Contract] Long-Term Savings Agreement

Discussion in 'Approved Contracts Archive' started by Chundi_Jr, Mar 4, 2020.

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  1. Chundi_Jr

    Chundi_Jr Ex-Rebecca
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    IGN:
    @Chundi_Jr

    Users Involved in this Contract:
    @neecoalage

    Terms of the Contract:
    @neecolage will be entering into a long-term savings agreement with Dr. @Chundi_Jr PhD. The terms of this agreement are listed below.
    • @neecoalage agrees to pay @Chundi_Jr a total of $15,000,000 ECD over a 6 month period ending on Sept 4, 2020.
    • @neecoalage agrees that $1,000,000 of her savings goal will be forfeited to @Chundi_Jr as payment for services.
    • @neecoalage agrees to make payments through the forum transfer system only.
    • @neecoalage agrees to make payments in $50,000 ECD minimum increments (with no maximum increment)
    • @neecoalage acknowledges and understands that @Chundi_Jr will not, under any circumstance, return any money unless one of the follow conditions is met:
    1. @neecoalage has reached her goal of $15,000,000 ECD, at which time @Chundi_Jr will pay her a total sum of $14,000,000 ECD.
    2. The Sept 4, 2020 deadline has been reached and the savings goal has not been met. At this time, @Chundi_Jr will either pay back all accumulated funds (less $1,000,000 which will have been forfeited for services) or the savings agreement will be renegotiated.
    • @Chundi_Jr agrees to keep all of @neecoalage's payments in her forum account for the entirety of the savings agreement.
    • @Chundi_Jr agrees to refuse @neecoalage if she requests her money back early for any reason.
    • @Chundi_Jr agrees to pay @neecoalage $14,000,000 ECD once @neecoalage has made payments totalling $15,000,000 ECD.
    • In the event that the savings goal is not met within the timeframe, @Chundi_Jr agrees to pay @neecoalage all accumulated funds (less $1,000,000 which @Chundi_Jr will keep for her services) or enter into renegotiations.
    I agree to the terms listed above:
    I agree.
     
    #1 Chundi_Jr, Mar 4, 2020
    Last edited: Mar 4, 2020
  2. neecoalage

    neecoalage Always sleepy.
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  3. neecoalage

    neecoalage Always sleepy.
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    I reagree to the terms :)
     
  4. Karin_88

    Karin_88 The Rainbow Ex-GA
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    Remember to take timestamped screenshots of any relevant information or transactions by double-tapping F2 :)

    Contract Approved!
     
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