IGN: @David_Torento Users Involved in this Contract: @LegoJake62 General Purpose of Contract: Sale of the Efficiency 7 pickaxe with the (ID #I9AWZE4S) 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 @David_Torento will: -give @legojake62 the Efficiency 7 pickaxe (ID #I9AWZE4S) within 24 hours of the approval of this contract -not attempt to reclaim the tool unless this contract is breached -transfer the /own to @legojake62 upon receiving the final payment. -Will not reclaim the tool unless the contract is breached. *In the event that the contract is breached, @David_Torento retains the right to reclaim the tool, and void out the rest of the contract, with no refund of payments already made.* The other user(s) involved with this contract must agree to the following terms: @legojake62 will: -Will keep the tool in the double chest (Located at /warp Farming in the room labeled "LegoJake62's Debt Room") -pay 160k/week for 7 week to signs that will be placed at /warp farming after approval of this contract -pay 130k on the 8th week to a sign that will be placed at /warp farming after approval of this contract Schedule: Spoiler 10/11/15 - 160k 10/18/15 - 160k 10/25/15 - 160k 11/1/15 - 160k 11/8/15 - 160k 11/15/15 - 160k 11/22/15 - 160k 11/29/15 - 130k *totalling $1,250,000* -Agrees to pay a 5k/day latefee for each missed payments for up to 7 days totalling 35k (in which a breach of contract will occur, and a complaint will be filed) -If the contract is breached, @legojake62 will be responsible for paying the late fee (35k) aswell as the missed payments up until the breach of contract. -Agrees that @David_Torento retains the right to reclaim the tool if the contract is breached. -If @legojake62 breaks the Efficiency 7 pickaxe (ID #I9AWZE4S), He will still be responsible with paying off the debt as per the schedule above. 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.
Please sign with: IGN: @legojake62 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
IGN: @legojake62 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
All looks good, make sure to screenshot any time you have a payment placed in a sign Contract Accepted.