[Contract] Sale of Eff7 on Main on payment plan

IGN:
@twistedjonny

Users Involved in this Contract:
@twistedjonny @MisterxMerc

General Purpose of Contract:
Sale of a Eff 7 (ID #JRSMSV9F) from @twistedjonny to @MisterxMerc

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:
@twistedjonny will give @MisterxMerc the Eff 7 (ID #JRSMSV9F) within 24 hours of this contract being accepted. @twistedjonny will keep ownership of the pick until all payments have been made. Within 24 hours of all payments having been made by @MisterxMerc, @twistedjonny will execute the command "/own MisterxMerc" and @MisterxMerc will claim ownership.

The other user(s) involved with this contract must agree to the following terms:
@MisterxMerc will pay @twistedjonny $350,000 ECD upfront and $250,000 ECD every week for 9 weeks on these dates: 6 October, 13 October, 20 October, 27 October, 3 November, 10 November, 17 November, 24 November, and 1 December. A final payment of $150,000 ECD will be do on 8 December. These weekly payments and the upfront payment total $2,750,000 ECD and will be made via shop signs at /warp hillsboro. Should the Eff 7 (ID #JRSMSV9F) break or in any other way fall out of @MisterxMerc's possession, full payment will still have to be made according to the above terms.

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