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Parties:
I, modulus, commit to contract to lucky. Both of us have capacity to contract and the will to be bound by this act. We shall indicate our consent to be so bound by issuing a digital signature.
Object of the contract:
I, modulus, commit to take under fiduciary care 10 BTC (ten bitcoins), hereinafter the holding, for a term to be no less than 30 days, hereinafter the term. During such time, I shall make the investments and trades which seem fit in order to increase the value of the holding. When the term is done I shall restitute lucky, in USD or BTC, at his option, no less than 9 USD, hereinafter the guarantee, per BTC in the initial holding in value. I shall additionally provide lucky with half the profits realised, if any, and shall be liable for all losses incurred below the guarantee.
Term:
The term of this contract is 30 natural days. Each day is counted whole. The day when the holding is given me is not part of the term. Termination before that term frees me from my guarantee, but not from the obligation to restitute the holding. If the holding is lesser in value than the initial holding at the guarantee, it will be restituted as is. If the holding is greater in value, I may detract half the profits obtained, as though the term had come to an end. Restitution in the case of early termination not imputable to me shall be in USD or BTC at my option.
I may, at my choice, terminate this contract before the 30 days are due, provided I comply with my guarantee and pay the agreed shared of the profits, if any.
Renewal of term:
The term of this contract may be renewed for 30 days, an indefinite number of times, by mutual consent. Silence or the inability to contact the other party shall be understood as consent. Lacking renegotiation, the guarantee shall stand at 9 USD per BTC.
Venue:
Parties commit to, from time to time, appear in ##politics in order to assure the good functioning of the contractual relation.
Controversies:
Any controversy arising from this contract shall be subject to arbitration in equity by a panel formed by one person chosen by lucky, one person chosen by me, modulus, and one person agreed by us both. If no agreement can be reached, either of our candidates will decide alone, to be decided by random draw.
Means of payment:
Payment in BTC shall be realised through the Bitcoin network, and the payer shall be liable for any and all transaction fees.
Payment in USD shall be realised through the Mt Gox exchange, and it is the payee's responsibility to realise them from that point onwards.
Should Bitcoin or Mt Gox cease to exist during the term of this contract, all obligations arising hereon shall be void.
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I, lucky, hereby agree to the terms of this contract for a period of 30 days with the amount of 10 BTC.
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