IGN: @obblebobble Users Involved in this Contract: @3point14mp General Purpose of Contract: Investing recurring payments into the Vault of ECC (@3point14mp investing with @obblebobble) 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: I agree to the following terms: - Agree to pay out 40% of all profit generated with the invested money. This will mainly be sourced from interest rates. @3point14mp will have this profit noted down and can be withdraw at any time, with a 24 hour grace period. - Every 7 days a new investment account will be created. To maintain the 2 month lock period. Each will have their own creation/unlock date. - Agree to have the full deposit/investment amount available within 7 days after a withdraw is requested per account AND after the 2 month locked period IF no loans are currently active and using this money. - Agree to inform @3point14mp of all payments made with the money and be 100% truthful to the best of my knowledge about what I am doing with it, and how much profit I make so I can give @3point14mp a fair 40% portion. This will be done via both a forum PM and a Google Sheets spreadsheet, occasionally updates will be posted on the Vault of ECC forum thread. - Agree that in the case of me being scammed out of the investment that I will still return 100% of the deposit out of my own funding. This gives @3point14mp essentially a risk-free investment. The other user(s) involved with this contract must agree to the following terms: @3point14mp agrees to the following terms: - He must pay all investments to the sign located at /warp kokiri and down the lift. At the back of the room there is a payment sign (320 payments of $25,000). These payments are optional, but will begin an investment and can be added to. - Agrees to not file a complaint or request the initial deposit back for a total of 2 (two) months, making the first week of funds 'unlock" on the 29th of March 2016. - Agrees that if he is inactive for more than 2 months at a time then the funds will be forfeited to @obblebobble along with any unpaid interest. - Agrees that @3point14mp is not guaranteed to make a profit on the deposit - Agrees to allow a 7 day grace period upon requesting the funds to be withdrawn (after the unlock date). This allows @obblebobble to gather the full deposit amount and interest. Assuming no loans are currently active with the money. - Agrees that @3point14mp will only receive interest on loans that his money actively contributes towards. Loans sourced via other funding methods will not count towards his ROI (return on investment). 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, @obblebobble agree.
IGN: @3point14mp 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 agree.
Hello, thank you for filing this contract. Everything seems to be in order. Please remember to carefully document this, and take all appropriate screenshots. Contract approved. Thread locked.
