Effective Date: _______ TIME_START

  1. Parties
    1.1. This contract Is between _______ PARTY1_NAME,______ PARTY1_KEY, in LOCATION1, and ____________ PARTY2_NAME,______ PARTY2_KEY located in ____________ LOCATION2.

  2. Purpose
    2.1 The purpose of this contract is for PARTY1_NAME beard to be shaven by _______ SHAVER.

  3. Payment
    3.1 ____________ PARTY2_NAME agrees to pay _____ PRICE_TOTAL in ______ PARTY1_TOKENS for PARTY1_NAME beard to be shaven by ____ SHAVER.

  4. Redemption
    4.1 The hourly rate is _______ RATE _____ PARTY1_TOKENS per one (1) hour. A shave requires a mininum of two (2) hour blocks to be redeemed.
    4.2 PARTY1_NAME reserves the right to choose the location and equipment used in the shaving.
    4.3 PARTY1_NAME shall then either approve, veto, or submit a counter-proposal. If a counter-proposal is submitted, the redemption rate shall be fixed at the rate of the original proposal submitted.
    4.4 Redemptions are subject to a minimum redemption purchase value. If minimum purchase is not met, the redemption shall be vetoed.

  5. Amendments
    5.1. Any amendments to this Agreement shall be made in writing and signed cryptographically by both parties, including the amendments to the writing requirement stated in this provision.

  6. Unforeseen Circumstances
    6.1. A party who is unable to perform a contract due to unforeseeable, unavoidable, and insurmountable circumstances is exempt from liability in part or in whole in light of the impact of the event. Where an event of force majeure occurs after a delay in performance, the party is not exempted from liability.
    6.2. If _____ PARTY1_NAME or _____ PARTY2_NAME is unable to perform due to a force majeure event, it shall promptly notify the other party, so as to mitigate the loss that may be caused to the other party.
    6.3. The impacted party will use diligent efforts to end the failure or delay and ensure the effects of the Force Majeure event are minimized. The impacted party will resume the performance of its obligations as soon as reasonably practicable after the removal of the cause.

  7. Anti-Money Laundering and Counter-Terrorism
    7.1. The parties agree that this Agreement shall not be used for any illegal purpose.

  8. Arbitration
    8.1. All disputes of or related to the formation, performance, or execution of this contract, if not resolved by the parties, shall be submitted to the sole jurisdiction of ______ ARBITRATOR Arbitration and agree to abide by the terms of the award, under the New York Convention on Enforceability.

  9. Signature
    9.1. Both parties agree to sign this contract with a cryptographic key, unique to each party. By signing this agreement, both parties represent that they are authorized to enter into this agreement.

The parties have executed this agreement on the date and time stated in their cryptographic signatures.

_____ PARTY1_NAME

_____ PARTY1_KEY

_____ PARTY2_NAME

_____ PARTY2_KEY