Safe Sale of Eff7 Pickaxe

Discussion in 'Approved Contracts Archive' started by TimmyChoi, Nov 1, 2015.

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  1. TimmyChoi

    TimmyChoi Builder
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    IGN:
    @TimmyChoi

    Users Involved in this Contract:
    @Jmillertime

    General Purpose of Contract:
    Safe sale of Star Pickaxe on 10 week 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:
    1. I @TimmyChoi will provide @Jmillertime a star pickaxe (eff7 , unb3, silk1 diamond pickaxe) as soon as the contract is approved with a mod as a middleman and as soon as @Jmillertime pays me $125,000.
    2. The pick I, @TimmyChoi ,will provide to @Jmillertime has the item ID of #19AB0GL1 and I will remove ownership to the pick once the upfront payment has been receieved.

    The other user(s) involved with this contract must agree to the following terms:
    1. @Jmillertime will pay me, @TimmyChoi $125,000 within 24hrs of the contract approved.
    2. @Jmillertime will pay me, @TimmyChoi $975,000 over 10 weeks (70 days) via signs at an agreed sethome at the co-ords ( x: -13726, y: 63 , z: -10657 Rising World (Located in the town "Destined")).
    3. @Jmillertime must pay a minimum of $100,000/week to the signs located at the agreed sethome mentioned above. By 70 days he must pay the 975k owed to the signs.
    4. However, if @Jmillertime fails to pay the full amount of $1,100,000 by 70 days, he will face charges of $10,000/day for one week from the 4th of January 2016 to the 11th of January 2016.
    5. The date @Jmillertime has to pay by is the 4th of January 2016. If he fails to pay by the date, late fees will be put into action.
    6. If @Jmillertime wishes to return the pickaxe and void the contract, he must pay a cancellation fee of 200k and return the pickaxe at least 21 days before the contract is due.
    Additional Info:
    @Bashdash100 will middleman the transaction of the upfront payment + eff7 transfer.

    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 agree.
     
    #1 TimmyChoi, Nov 1, 2015
    Last edited: Nov 1, 2015
  2. Jmillertime

    Jmillertime G.O.A.T.
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    I, as another party of this contract, agree to the terms laid out for me to uphold, and understand failure to complete such terms will result in a breach of contract: Yes
     
  3. Bash100

    Bash100 :^)
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    Hello @TimmyChoi

    Before I can successfully handle this contract there is a couple of changes they need by be edited in. Once these changes are successful, @Jmillertime can resign and I can approve the contract. Also as you know, I will be working as the middleman in this contract.
    1) I need the item ID # of the eff 7.
    2) This isn't a must but I would suggest giving @Jmillertime possibly 24 hours to pay the money incase he isn't online when the contract is approved.
    I believe that's it for now, if anything else needs changing I'll let you know. Feel free to pm me or any other friendly staff member with any questions you may have regarding the contract. Once @TimmyChoi makes the changes to the contract @Jmillertime can resign it and it can be handled.

    Thanks! - Bash
     
    #3 Bash100, Nov 1, 2015
    Last edited: Nov 1, 2015
  4. TimmyChoi

    TimmyChoi Builder
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  5. Jmillertime

    Jmillertime G.O.A.T.
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    I, as another party of this contract, agree to the terms laid out for me to uphold, and understand failure to complete such terms will result in a breach of contract: Yes
     
  6. Bash100

    Bash100 :^)
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    IGN:
    @Bashdash100

    I, as another party of this contract, agree to the terms laid out for me to uphold, and understand failure to complete such terms will result in a breach of contract: Yes
     
  7. miniCLH

    miniCLH President
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    Everything seems fine! Remember to take screenshots when necessary by double-tapping the f2 button!

    Locked, Contract Approved.
     
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