Sale of L2 Magic Melon Sword

IGN:
@IshanDJB

Users Involved in this Contract:
This contract involves @Riggs316

Terms of the contract:
1. The purpose of this contract is to facilitate a payment plan of the L2 Magic Melon Sword (#LCEAMLO0) for $9,000,000 ECD.

2. @Riggs316 is responsible for paying 14 weekly payments of $500,000 ECD at /warp debt. <-- A 2 Million ECD down payment has been paid.

@IshanDJB is responsible for giving (via /trade) the tool to @Riggs316 upon approval of the contract.

3. Late fees will be as follows. Every 24 hours the payment is late, @Riggs316 will owe @IshanDJB 100,000 ECD extra, up until a limit of 700,000 ECD has been reached. If this occurs, @IshanDJB may file a complaint and claim the tool from @Riggs316 .

4. Payments will be due approximately every seven days at 11:59 PM PST, and the following plan is to be followed:

Payment #1 -- $500,000 ECD -- March 22, 2023
Payment #2 -- $500,000 ECD -- March 29, 2023
Payment #3 -- $500,000 ECD -- April 5, 2023
Payment #4 -- $500,000 ECD -- April 12, 2023
Payment #5 -- $500,000 ECD -- April 19, 2023
Payment #6 -- $500,000 ECD -- April 26, 2023
Payment #7 -- $500,000 ECD -- May 3, 2023
Payment #8 -- $500,000 ECD -- May 10, 2023
Payment #9 -- $500,000 ECD -- May 17, 2023
Payment #10 -- $500,000 ECD -- May 24, 2023
Payment #11 -- $500,000 ECD -- May 31, 2023
Payment #12 -- $500,000 ECD -- June 7, 2023
Payment #13 -- $500,000 ECD -- June 14, 2023
Payment #14 -- $500,000 ECD -- June 21, 2023


5. In regards to ownership, @IshanDJB will retain ownership of the L2 Magic Melon Sword(#LCEAMLO0), while @Riggs316 pays off the sword. Once all payments have been made, @IshanDJB 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, @Riggs316 may file a complaint citing a breach of this contract.


I (the contract initiator) agree to the terms listed above:
I, IshanDJB, agree to the terms of this contract.