[Contract] Repayment Plan for Eff7

Discussion in 'Approved Contracts Archive' started by EtherealSquid, Jun 14, 2019.

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  1. EtherealSquid

    EtherealSquid Former ServerAdmin
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    IGN:

    @EtherealSquid

    Users Involved in this Contract:

    @R3NN

    General Purpose of Contract:

    A 10-week plan to pay for the replacement of a broken EFF7 pick.

    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, @EtherealSquid will create a clearly marked chest at the spawn of /warp oblivion where 1 dirt can be purchased for $160,000 ECD, with a total of 10 dirt inside the chest for a total repayment of 1,600,000 ECD.
    The other user(s) involved with this contract must agree to the following terms:

    • @R3NN will make a total of 10 payments of $160,000 ECD weekly by Sunday (Dates June 23, 30, July 7, 14, 21, 28, August 4, 11, 18, 25) to the chest at /warp oblivion. If a weekly payment is missed, a late fee of $10,000 ECD will be added to the final repayment value for each week missed. If the full amount of $1,600,000 ECD plus any applicable late fees is not paid by August 25th, an additional $50,000 ECD late fee will be added to the total. If the full payment plus all late fees is not paid by September 1st, @EtherealSquid may file a complaint on @R3NN for breach of contract.

    • @R3NN is free to and encouraged to make payments earlier than Sunday of each week, can make extra payments in one week to pre-pay for later weeks, and can repay the full sum earlier than August 25th as well.

    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.
     
  2. R3NN

    R3NN Builder
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    IGN:
    @R3NN

    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
     
  3. CapitanRedRoach

    CapitanRedRoach Aka FrenchHornPlayer
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    Contract accepted!

    Please remember to take time stamped screen shots by double tapping f2!
     
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