Sale of an L3 Rod

Discussion in 'Approved Contracts Archive' started by DvL7, May 3, 2023.

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  1. DvL7

    DvL7 EcoLeader
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    IGN:
    @DvL7

    Users Involved in this Contract:
    This contract involves @McLovinAwe

    Terms of the contract:
    1. The purpose of this contract is to facilitate a payment plan of the L3 Magic Rod (#LH7WQQPK) for $13,000,000 ECD.
    2. @McLovinAwe is responsible for paying 10 weekly payments of 1,300,000 at /warp Camelot .

    @DvL7 is responsible for giving (via /trade) the tool to @McLovinAwe upon approval of the contract.

    3. Late fees will follow the following regime: For every 24 hours that a payment is late, @McLovinAwe is required to pay an additional $100,000, up until late fees accrue to $700,000. In the event that this occurs, @DvL7 may file a complaint via the forums regarding a breach of contract.

    4. Payments will be due approximately every seven days at 11:59 PM PST, and the following plan is to be followed:
    Payment #1 -- $1,300,000 ECD -- May 11, 2023
    Payment #2 -- $1,300,000 ECD -- May 18, 2023
    Payment #3 -- $1,300,000 ECD -- May 25, 2023
    Payment #4 -- $1,300,000 ECD -- June 1, 2023
    Payment #5 -- $1,300,000 ECD -- June 8, 2023
    Payment #6 -- $1,300,000 ECD -- June 15, 2023
    Payment #7 -- $1,300,000 ECD -- June 22, 2023
    Payment #8 -- $1,300,000 ECD -- June 29, 2023
    Payment #9 -- $1,300,000 ECD -- July 6, 2023
    Payment #10 -- $1,300,000 ECD -- July 13, 2023

    5. In regards to ownership, @DvL7 will retain ownership of the L3 Magic Rod (#LH7WQQPK), while @McLovinAwe will pays off the rod. Once all payments have been made, @DvL7 is to transfer ownership within a week of the final payment's due date. Should the items not be transferred within such a time window, @McLovinAwe may file a complaint citing a breach of this contract.

    I (the contract initiator) agree to the terms listed above:
    I , @DvL7 , agree to the terms of this contract.
     
  2. McLovinAwe

    McLovinAwe Builder
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    I, McLovinAwe, agree to the terms listed above
     
    #2 McLovinAwe, May 3, 2023
    Last edited: May 4, 2023
  3. RealRichNixon

    RealRichNixon Pres. Richard Nixon by day, GameAdmin by night.
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    @DvL7 @McLovinAwe

    Contract approved.

    Be sure to take relevant screenshots with timestamps by pressing F2 twice.
    Let myself or another staff member know if you need any assistance.
     
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