IGN: @myminecrafter01 Users Involved in this Contract: @Officialminer General Purpose of Contract: Outlay the term of a loan repayment. 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: - Will transfer $300,000 ecodollars to @Officialminer within 1 hour of contract approval. The other user(s) involved with this contract must agree to the following terms: - Will pay @myminecrafter01 $300,000 ecodollars by the 7th of August 2015, plus 10% of the original loan amount (10% of $300,000) per week taken to pay off the loan. Payment timeline: Fully paid before 16/July/2015 - total amount owed $330,000. Fully paid before 23/July/2015 - total amount owed $360,000. Fully paid before 30/July/2015 - total amount owed $390,000. Fully paid before 7/Aug/2015 - total amount owed $420,000. 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.
IGN: @Officialminer 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: Yes I agree and understand
@myminecrafter01, A few things need to be fix before we could accept this contract. We need to know when this is happening. Are you sending the money 24 hours after approval of the contract? Also please tag all names in the contract with '@' Example @myminecrafter01 Could you also add in what the total payback of the loan is somewhere around here. Once that is done, please @Officialminer re-accept/deny the contract
IGN: @Officialminer 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: Yes I agree and understand
Contract looks good. Please remember to take screenshots with a time-stamp(f2 twice) for any transactions between you two Locked~Contract Approved
