[Contract] Melon Sword Exchange

Discussion in 'Approved Contracts Archive' started by xHarambae, Oct 3, 2019.

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  1. xHarambae

    xHarambae President
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    IGN:

    @MassaHarambe

    Users Involved in this Contract:

    @TheCravedOne

    General Purpose of Contract:

    Transferring of the Melon Sword (#JMPKQVRZ) ownership from @MassaHarambe to @TheCravedOne in exchange for $2,600,000 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 Melon Sword (#JMPKQVRZ) once the full payment of $2,600,000 ECD has been paid by @TheCravedOne in the 8 week (56 day) time period.
    The other user(s) involved with this contract must agree to the following terms:
    • @TheCravedOne will transfer a down payment of $100,000 ECD within 24 hours of this contract's approval.
    • @TheCravedOne agrees to transfer $2,500,000 ECD on a payment to @MassaHarambe within 8 weeks (56 days) of this contract's approval.
      • The payment plan schedule will follow as:
        • Week 1 (10/11/2019): $312,500 ECD
        • Week 2 (10/18/2019): $312,500 ECD
        • Week 3 (10/25/2019): $312,500 ECD
        • Week 4 (11/1/2019): $312,500 ECD
        • Week 5 (11/8/2019): $312,500 ECD
        • Week 6 (11/15/2019): $312,500 ECD
        • Week 7 (11/22/2019): $312,500 ECD
        • Week 8 (11/29/2019): $312,500 ECD
        • Week 9 (12/6/2019): $262,500 ECD
        • Week 10 (12/13/2019): $262,500 ECD
          • Green = scheduled payment plan
          • Red = scheduled payment plan with late fees
    • @TheCravedOne agrees to transfer $525,000 ECD in late fees if the full payment has not been made to @MassaHarambe within 8 weeks (56 days) of this contract's approval. @TheCravedOne will be given 2 weeks (14 days) extra to pay the late fees ($525,000 ECD) + original agreement ($2,600,000) for a grand total of $3,125,000 ECD.
      • During the time period of the payment plan, if @TheCravedOne looses access to the melon sword in anyway and it is not in their possession anymore, the late fees will come into effect immediately.
    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, Oct 3, 2019
    Last edited: Oct 3, 2019
  2. TheCravedOne

    TheCravedOne The Diamond Master
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    IGN:
    @TheCravedOne

    I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract:
    I @TheCravedOne agree to the terms of this contract. yes.
     
    #2 TheCravedOne, Oct 3, 2019
    Last edited: Oct 3, 2019
  3. TM_iBeast

    TM_iBeast Not Staff Member
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    This contract looks good! Remember to take time-stamped screenshots of every transaction.

    Contract Approved - Thread Locked
     
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