IGN:
@SKSoccer
Users Involved in this Contract:
@appleprocucling
General Purpose of Contract:
To ensure a safe investment using funds provided by @appleprocucling in a master fund run by @SKSoccer.
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:
Fees (X = Initial Investment):
- Invest all capital to the best of my abilities
- Provide @appleprocucling his/her money back, along with all profits (except fees, outlined below) as soon as possible upon being contacted
- Fees are taken out of the updated aggregate total of the investment
- The above clause takes place 3 days following the investment, as that is the minimum possible time an investment can be placed through the ECC Stock Trader
- Provide weekly updates regarding the securities of the master fund through private message
- Provide monthly updates regarding the risk management of the master fund through private message
- Provide sufficient in game capital in the event of a default on my own part in order to pay back @appleprocucling in full (100% of invested capital)
X < $10,000: 10%
$10,001 < X < $50,000: 5%
$50,001 < X< $1,000,000: 2.5%
X > $1,000,001: 1%
The other user(s) involved with this contract must agree to the following terms:
- Pay the agreed upon investment as soon as possible, either through pay sign or direct payment. In this case, the payment will be $1,000,000.
- Not share with any party the confidential weekly portfolio updates
- Not share with any party the confidential monthly risk management updates
- Not share with any party the confidential welcome letter outlining the private portfolio
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.
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idkhowtoplay Custom Forum TitleBuilder ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐ I ⭐ Premium Upgrade
@SKSoccer can you please edit your original post to include how the user may be able to access their funds. (i.e. at any time or when profit reaches a certain threshold, payback date, etc.)
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This never happened and I'm not taking any new capital for now anyway. Please lock this one @idkhowtoplay, thanks.
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idkhowtoplay Custom Forum TitleBuilder ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐ I ⭐ Premium Upgrade
Locked
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