Eff7 rental to @Smeefy

IGN:
@DiamondDesire

Users Involved in this Contract:
@Smeefy

General Purpose of Contract:
Safety of the rental of an efficiency 7 pickaxe to @Smeefy ID: #IKMV65Q9

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 @DiamondDesire agree to give @Smeefy my Efficiency 7 pickaxe within 1 hour of this contracts approval
• I @DiamondDesire agree to setup a chest for @Smeefy to put the efficiency 7 pick into once his 1 hour rental has finished. [At /warp gamble] Rising: -5198, 70, -1486
• I @DiamondDesire agree to not take the pick back for any reason throughout the rental of the pickaxe. If I do take this pickaxe, the player will receive a refund for their rental.

The other user(s) involved with this contract must agree to the following terms:
@Smeefy agrees that he will pay me 5k within 1 hour of this contract approval which in this case he has already paid.

• @Smeefy agrees that he will use the pick only for his allocated rental period of 1 hour
• @Smeefy agrees that he will repair the Efficiency 7 pickaxe if he has e-repairs. @Smeefy also agrees to use a chest when having the pick repaired. This is to ensure the safety of the pick and prevent it from being picked up by another user or butchered.
• @Smeefy Agrees that if he breaks the pickaxe, he will have to pay a fee of 1.2 Million as reimbursement for the tool. He is to do this within a time period of 8 weeks once I @DiamondDesire is informed of the pick breakage.
• If @Smeefy breaks any of the terms of these contract, a formal complaint will be created in which the staff team will deal with the situation accordingly

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

 

@Smeefy please use this response;

IGN:
<your in-game name.>

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:
<Agreement to the terms laid out in the contract post, yes or no.>

 

@Smeefy I have edited the contract because I found a few issues as this was a copy from an old format. Please re-agree.