IGN: @Speed42jh Users Involved in this Contract: @Speed42jh @oxwood2 General Purpose of Contract: Sale of ecc crossbow 7 mil ecd 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: To give @oxwood2 the ECC crossbow (ID #KI59FTG0) within 24 hours of this contract’s approval. To agree that if @oxwood2 misses a payment, the contract will remain valid however, he will incur a 150,000 ECD late fee per week missed, for up to three weeks and I agree that any late fees will be paid on the week following the final payment. To give the /own of the ECC crossbow (ID #KI59FTG0) to @oxwood2 once payments are complete. That @oxwood2 remains the holder of the ECC crossbow (ID #KI59FTG0) until the payment is complete or a breach of contract occurs and the tool is reclaimed. To agree that if payments are not complete and a breach of contract occurs, @Speed42jh reserves the right to reclaim the ECC crossbow (ID #KI59FTG0) without any refunds for what has been paid towards the ownership of it. To also agree, that if the ECC crossbow (ID #KI59FTG0) is successfully reclaimed after a breach of contract, @Speed42jh can not file a user complaint against @oxwood2 for this. I agree that if I am ever permabanned while this is still being paid off, I will /own the ECC crossbow to @oxwood2 once unbanned. The contract will still be valid if I am permabanned as @oxwood2 will still have possession of the ECC crossbow. The other user(s) involved with this contract must agree to the following terms: To pay 1,000,000 ECD upfront within 24 hours of the contract being accepted. To pay 2,000,000 ECD per week to @Speed42jh Totaling 6,000,000 ECD (on payment plan) through forum transfer on each Saturday starting on 12/12/20, after the ECC crossbow (ID #KI59FTG0) is received. Full amount of 7,000,000 ECD (including upfront payment and payment plan) must be paid by 12/26/2020 For each payment missed a late fee of 150,000 ECD will be added to the total of the ECC crossbow (ID #KI59FTG0) with a limit of up to 300,000 ECD. If more than 2 payments are missed, then @Speed42jh has the right to reclaim the ECC crossbow (ID #KI59FTG0) from @oxwood2 with no refund of past payments, if an agreement can not be met. Failure to complete payment will result in a breach of contract and @Speed42jh retains the right to reclaim the ECC crossbow (ID #KI59FTG0) from @oxwood2 . If the ECC crossbow (ID #KI59FTG0) is lost by any means then @oxwood2 is still responsible for completing the payments regardless. 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, @Speed42jh agree.
