[Contract] Safe Sale of the Nation of 420Farm

Discussion in 'Denied Contracts Archive' started by xHarambae, Sep 29, 2020.

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  1. xHarambae

    xHarambae President
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    @xHarambae

    Users Involved in this Contract:
    @SixMacs @matrix_rep

    General Purpose of Contract:
    Safe sale of ownership of the Nation of 420farm (420farm, 420farm01, 420farm02, 420farm03, 420farm04, 420farm05, and 420farm06).
    420farm:
    https://ecocitycraft.com/forum/threads/president-application-massaharambe.192418/
    420farm01:
    https://ecocitycraft.com/forum/threads/additional-town-application-massaharambe.192587/
    420farm02:
    https://ecocitycraft.com/forum/threads/additional-town-application-massaharambe.192632/
    420farm03:
    https://ecocitycraft.com/forum/threads/new-owner-massaharambe-420farm03.193051/
    420farm04:
    https://ecocitycraft.com/forum/threads/new-owner-massaharambe-420farm04.193063/
    420farm05:
    https://ecocitycraft.com/forum/threads/additional-town-application-massaharambe.193092/
    420farm06:
    https://ecocitycraft.com/forum/threads/new-owner-massaharambe-420farm06.193064/


    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:
    • To give @SixMacs membership of the Nation of 420farm (420farm, 420farm01, 420farm02, 420farm03, 420farm04, 420farm05, and 420farm06) within 24 hours of this contract’s approval.
    • To agree that if @SixMacs misses a payment, the contract will remain valid, however; they will incur a $125,000 ECD late fee per week missed, for up to two weeks. Also, they agree that any late fees will be paid on the week following the final payment.
    • To allow this contract to be used as future proof for official town transfer applications or town claim applications of @xHarambae's towns, which may be filed by @SixMacs after the payment plan completion with in 5 days per the server rules.
    • That @SixMacs keeps their membership of the Nation of 420farm until the payment is complete or a breach of contract occurs and the Nation of 420farm is reclaimed.
    • To agree that if payments are not complete and a breach of contract occurs, @xHarambae reserves the right to reclaim the Nation of 420farm without any refunds for what has been paid towards the ownership of it. To also agree that if the Nation of 420farm is successfully reclaimed after a breach of contract, @xHarambae can not file a user complaint against @SixMacs for this.
    • I agree that if I am ever permabanned while this is still being paid off, I will give ownership to the Nation of 420farm to @SixMacs once unbanned. The contract will still be valid if I am permabanned as @SixMacs will still have membership to the Nation of 420farm.

    The other user(s) involved with this contract must agree to the following terms:
    • To pay a down payment of $3,000,000 ECD 24 hours after the approval of this contract and $1,500,000 ECD per week to @xHarambae totaling $21,000,000 ECD through forum bank transfer on each Sunday by 11:59 PM EST starting on 10/04/2020, after membership of the nation of 420farm is received. Full amount of $18,000,000 ECD must be paid by 12/20/2020
      • Week 1 (10/04/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 2 (10/11/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 3 (10/18/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 4 (10/25/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 5 (11/01/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 6 (11/08/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 7 (11/15/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 8 (11/22/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 9 (11/29/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 10 (12/06/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 11 (12/13/20 @ 11:59 PM EST): $1,500,000 ECD
      • Week 12 (12/20/20 @ 11:59 PM EST): $1,500,000 ECD
    • For each payment missed, a late fee of $125,000 ECD will be added to the total of the Nation of 420farm with a limit of up to $250,000 ECD.
    • If more than 2 payments are missed, then @xHarambae has the right to reclaim the Nation of 420farm from @SixMacs with no refund of past payments, if an agreement can not be met.
    • Failure to complete payment will result in a breach of contract and @xHarambae retains the right to reclaim Nation of 420farm from @xHarambae.
    • @SixMacs may cancel the contract at any given time, but must give up membership to the Nation of 420farm without refund of ANY payment.
    • To agree to give @xHarambae lifetime perms without removal to the 1152x16x10 melon farms of the Nation of 420farm (420farma, 420farm01a, 420farm02a, 420farm03a, 420farm04a, 420farm05a, 420farm06a, 420farmb, 420farm01b, 420farmb02, 420farm03b, 420farm04b, 420farm05b, and 420farm06b) regardless if @xHarambae is unbanned or banned.
    • If @xHarambae is permabanned while @SixMacs is paying off the Nation of 420farm, @SixMacs will start giving payments through forum bank transfer to @matrix_rep until fully paid off. @SixMacs agrees to the contract still being valid if @xHarambae is permabanned. @SixMacs agrees that they will still have membership of the Nation of 420farm and will get the ownership once @xHarambae is unbanned if it is fully paid off.

    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.:
    Yes
     
  2. kaomeiji

    kaomeiji Mayor
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  3. matrix_rep

    matrix_rep Runner Up in BB20
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  4. edrandom

    edrandom edsleepy
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    Thread locked on request.
     
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