Payment on Difference agreement

[gusti]

Agreement between gusti and Scott J.

This agreement is for gusti to pay to Scott J the difference over strike price of $6 / LTC trading price for an amount of 1000 LTC, at any given time chosen by Scott J before July 5th, 2013.

Payment will be made by gusti to Scott J in equivalent BTC for the USD amount.

e.g. if price at chosen time is $7 / LTC, gusti will pay to Scott J the amount of $1000 in BTC.

If strike price is not reached before agreement expiry, no payment will be made from each party to the other.

In return, Scott J is paying now to gusti a one-time, non-refundable premium of 100 LTC to address :
LQpzowxX8FW53tPZdcmWkRN7zFFV7a4Nfz

[Scott J]

Agreement between gusti and Scott J.

This agreement is for gusti to pay to Scott J the difference over strike price of $6 / LTC trading price for an amount of 1000 LTC, at any given time chosen by Scott J before July 5th, 2013.

Payment will be made by gusti to Scott J in equivalent BTC for the USD amount.

e.g. if price at chosen time is $7 / LTC, gusti will pay to Scott J the amount of $1000 in BTC.

If strike price is not reached before agreement expiry, no payment will be made from each party to the other.

In return, Scott J is paying now to gusti a one-time, non-refundable premium of 100 LTC to address :
LQpzowxX8FW53tPZdcmWkRN7zFFV7a4Nfz

Agreed.

http://explorer.litecoin.net/tx/6d54dc1ea7d6f354e7057c8044aa454226710667be920496d8977fb153352956#o0

Thanks, gusti 

[gusti]

100 LTC received, agreement is current.

[danieldaniel]

Hey,
Scott: Would you be willing to do something like that for me, too?  It would be for BTC and on a smaller scale.

[Scott J]

Hey,
Scott: Would you be willing to do something like that for me, too?  It would be for BTC and on a smaller scale.

Feel free to send me a PM to explain.