IGN: @Chundi_Jr Users Involved in this Contract: @Fescht Terms of the Contract: @Fescht will be entering into a long-term savings agreement with Dr. @Chundi_Jr PhD. The terms of this agreement are listed below. @Fescht agrees to pay @Chundi_Jr a total of $10,000,000 ECD over a 5 month period ending on October 1, 2020. @Fescht agrees that $700,000 of his savings goal will be forfeited to @Chundi_Jr as payment for services in the event that the full amount of $10,000,000 ECD is not received by Oct 1, 2020 deadline. @Fescht agrees to make payments through the forum transfer system only. @Fescht agrees to make payments in $50,000 ECD minimum increments (with no maximum increment) @Fescht acknowledges and understands that @Chundi_Jr will not, under any circumstance, return any money unless one of the follow conditions is met: @Fescht has reached payments totalling $10,000,000 ECD, at which time @Chundi_Jr will pay him the total sum of $10,000,000 ECD for a debt repayment. The October 1, 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 $700,000 ECD which will have been forfeited for services) or the savings agreement will be renegotiated. @Chundi_Jr agrees to keep all of @Fescht's payments in her forum account for the entirety of the savings agreement. @Chundi_Jr agrees to pay @Fescht $10,000,000 ECD once he has made payments totalling $10,000,000 ECD. In the event that the savings goal is not met within the timeframe, @Chundi_Jr agrees to pay @Fescht all accumulated funds (less $700,000 ECD which will have been forfeited for services) or enter into renegotiations. I agree to the terms listed above: I agree.
