IGN:
@Flehx
Users Involved in this Contract:
@Flehx @Xphinitry @matrix_rep
General Purpose of Contract:
Safe sale of Level 1 Magic Pick (#KKAWNUAS) for $1,000,000 ECD on a payment plan
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 @Xphinitry the Level 1 Magic Pick within 24 hours of this contract’s approval.
To agree that if @Xphinitry misses a payment, the contract will remain valid however, he will incur a $25,000 ECD late fee per week missed, for up to two weeks and I agree that any late fees will be paid on the week following the final payment.
To give the ‘/own of the Level 1 Magic Pick to @Xphinitry once payments are complete.
That @Xphinitry remains the holder of the Level 1 Magic Pick 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, @Flehx reserves the right to reclaim the Level 1 Magic Pick without any refunds for what has been paid towards the ownership of it. To also agree, that if the Level 1 Magic Pick is successfully reclaimed after a breach of contract, @Flehx can not file a user complaint against @Xphinitry for this.
I agree that if I am ever permabanned while this is still being paid off, I will /own the Level 1 Magic Pick to @Xphinitry once unbanned. The contract will still be valid if I am permabanned as @Xphinitry will still have possession of the Level 1 Magic Pick and will make remaining payments to @matrix_rep through the forum bank.
** @Xphinitry will get a moderator to transfer the money to @matrix_rep if they do not have forum premium.
The other user(s) involved with this contract must agree to the following terms:
To pay @Flehx $100,000 ECD within 24 hours after this contract's approval.
To pay $50,000 ECD per week to @Flehx for a total of $1,000,000 ECD (on payment plan) through a chest shop chest located at ‘/warp store’ (X: 10745 Y: 67 Z: 8199) on each Saturday starting on 06/26/2021, after the Level 1 Magic Pick is received. Full amount of $1,000,000 ECD must be paid by 10/23/2021.
** @Xphinitry may pay ahead of schedule too.
For each payment missed a late fee of $25,000 ECD will be added to the total of the Level 1 Magic Pick with a limit of up to $50,000 ECD.
If more than 2 payments are missed, then @Flehx has the right to reclaim the Level 1 Magic Pick from @Xphinitry 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 @Flehx retains the right to reclaim the Level 1 Magic Pick from @Xphinitry.
If the Level 1 Magic Pick is lost by any means then @Xphinitry 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, @Flehx agree.
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I @matrix_rep agree
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