[Contract]

Discussion in 'Approved Contracts Archive' started by RazorRimz, Jan 18, 2019.

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  1. RazorRimz

    RazorRimz Builder
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    IGN:
    @RazorRimz

    Users Involved in this Contract:
    @FuryFudge

    General Purpose of Contract:
    Safe sale of a Melon Sword on payment plan

    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, @RazorRimz, will transfer a Melon Sword with the ID #JPMKQVRZ to @FuryFudge within 24 hours of the approval of this contract after having received the downpayment of 400k ECD.

    I, @RazorRimz, will transfer ownership via /own command to @FuryFudge upon being paid the FULL $1,700,000 (including the upfront payment).

    I, @RazorRimz, agree to give @FuryFudge 3 additional days after each payment is due, in which there will be late fees of 20k/day, before I file a complaint. If @FuryFudge has not made the weekly payment + 60k in late fees within 4 days of the due date, a complaint may be filed.

    The other user(s) involved with this contract must agree to the following terms:
    @FuryFudge will relieve @RazorRimz of a 100k loan (125k payback) which was agreed upon on Jan. 16, 2019.

    @FuryFudge must make a downpayment of 400k ECD upon approval of this contract.

    @FuryFudge must make 200k ECD payments every week for 6 weeks, as well as a payment of 100k ECD on the 7th week. These payments must be transferred over the forums, if not by @FuryFudge, then by a moderator. A rough outline of these payments:

    Upfront payment - Upon approval of this contract - 400k ECD
    Week 1 payment - Jan. 27, 2019 - 200k ECD
    Week 2 payment - Feb. 3, 2019 - 200k ECD
    Week 3 payment - Feb. 10, 2019 - 200k ECD
    Week 4 payment - Feb. 17, 2019 - 200k ECD
    Week 5 payment - Feb. 24, 2019 - 200k ECD
    Week 6 payment - Mar. 3, 2019 - 200k ECD
    Week 7 payment - Mar. 10, 2019 - 100k ECD

    These payments total to $1,700,000 ECD.

    If @FuryFudge is unable to pay off the debt in the timeframe given, @FuryFudge must return the Melon Sword with the ID #JPMKQVRZ without any refunds.

    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.
     
    #1 RazorRimz, Jan 18, 2019
    Last edited: Jan 18, 2019
  2. FuryFudge

    FuryFudge IDK ask Fury
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    IGN:
    @FuryFudge

    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. RealRunakilli

    RealRunakilli Call me dad
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    Contract Approved & Archived.
    @RazorRimz @FuryFudge please remember to take timestamped screenshots of all transactions.
     
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