[Contract] - 20k loan @mastermin10

IGN:
@Imabankthing

Users Involved in this Contract:
@Imabankthing
@mastermin10

General Purpose of Contract:
@Imabankthing providing loan of 20k.

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 @Imabankthing agree to pay @mastermin10 $20,000 within 24 hours of contract approval.

The other user(s) involved with this contract must agree to the following terms:
@mastermin10 agrees to pay @Imabankthing $25,000 total, via trade signs at /warp colebex. (x-10790, y69, z6612) on the dates set out below (EST)

5/10/2016 - $12,500
12/10/2016 - $12,500



@mastermin10 agrees that in the event of any of the payments being late he will pay @Imabankthing $3000 per day in late fees for a maximum period of 5 days at which point a complaint will be filed.


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

 

@Smorezs I've not heard anything since positing the contract so this can be locked. Thanks smorezs