[Contract] Long-Term Savings Agreement

Discussion in 'Approved Contracts Archive' started by Chundi_Jr, Mar 30, 2020.

Thread Status:
Not open for further replies.
  1. Chundi_Jr

    Chundi_Jr Ex-Rebecca
    Resident ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐ VII ⭐ Premium Upgrade

    Joined:
    Apr 4, 2014
    Messages:
    1,727
    Trophy Points:
    80,160
    Gender:
    Female
    Ratings:
    +1,988
    IGN:
    @Chundi_Jr

    Users Involved in this Contract:
    @killrdarknes

    Terms of the Contract:
    @killrdarknes will be entering into a long-term savings agreement with Dr. @Chundi_Jr PhD. The terms of this agreement are listed below.
    • @killrdarknes agrees to pay @Chundi_Jr a total of $5,000,000 ECD over a 6 month period ending on Sept 30, 2020.
    • @killrdarknes agrees that $350,000 of her savings goal will be forfeited to @Chundi_Jr as payment for services in the event that the full amount of $5,000,000 ECD is not received by Sept 30, 2020 deadline.
    • @killrdarknes agrees to make payments through the forum transfer system only.
    • @killrdarknes agrees to make payments in $50,000 ECD minimum increments (with no maximum increment)
    • @killrdarknes acknowledges and understands that @Chundi_Jr will not, under any circumstance, return any money unless one of the follow conditions is met:
    1. @killrdarknes has reached payments totalling $2,750,000 ECD, at which time @Chundi_Jr will pay her the total sum of $2,750,000 ECD for a debt repayment.
    2. The Sept 30, 2020 deadline has been reached and the savings goal has not been met. At this time, @Chundi_Jr will pay back all accumulated funds (less $350,000 ECD which will have been forfeited for services) or the savings agreement will be renegotiated.
    • @Chundi_Jr agrees to keep all of @killrdarknes's payments in her forum account for the entirety of the savings agreement.
    • @Chundi_Jr agrees to refuse @killrdarknes if she requests her money back early for any reason other than the repayment of debt discussed above.
    • @Chundi_Jr agrees to pay @killrdarknes $2,750,000 ECD once she has made payments totalling $2,750,000 ECD.
    • @Chundi_Jr agrees to pay @killrdarknes the remaining accumulated funds totalling $2,250,000 ECD once she has received the additional $2,250,000 ECD from @killrdarknes (this will occur after the first portion of the payment has been paid out).
    • In the event that the savings goal is not met within the timeframe, @Chundi_Jr agrees to pay @killrdarknes all accumulated funds (less $350,000 ECD which will have been forfeited for services) or enter into renegotiations.
    I agree to the terms listed above:
    I agree.
     
  2. killrdarknes

    killrdarknes Reborn
    ECC Sponsor EcoLeader ⛰️⛰️⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐ V ⭐ Premium Upgrade

    Joined:
    Apr 9, 2012
    Messages:
    2,218
    Trophy Points:
    78,660
    Gender:
    Female
    EcoDollars:
    $93,445
    Ratings:
    +1,189
    I, @killrdarknes, agree to the above terms. I need help. I am here to LEARN! AND GROW! #F%$KLOTTO
     
  3. Gillyyyyyy

    Gillyyyyyy Resident
    Resident ⛰️ Ex-President ⚒️⚒️ Premium Upgrade

    Joined:
    Jul 23, 2013
    Messages:
    680
    Trophy Points:
    62,160
    Gender:
    Female
    Ratings:
    +568
    Good luck with your savings killr!!

    Approved- Locked
     
Thread Status:
Not open for further replies.