Agreement between gusti and jasinlee.
This agreement is for gusti to pay jasinlee the difference over strike price of $6 / LTC trading price for an amount of 10000 LTC, at any given time chosen by jasinlee before May 6th, 2013.
Price is based on BTC-E exchange LTC/USD rates, and can be executed at any chosen time before expiry, for the price at the time of request, to be verified by time stamped post in this same thread.
Payment will be made by gusti to jasinlee in equivalent BTC for the USD amount, with price at time of call based on BTC/USD from MT. Gox, to be verified by time stamped post in this same thread.
e.g. if price at chosen time is $7 / LTC, gusti will pay to jasinlee the amount of $10000 equivalent in BTC.
If strike price is not reached before agreement expiry, no payment will be made from each party to the other.
In return, jasinlee is paying now to gusti a one-time, non-refundable premium of 850 LTC to address :
LYDduAXx3aWNgRKdbSKRMMAfVtuWfDeRru
Confirmed, sending premium. . . . Sent 850.
