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SAMPLEAGREEMENTTODELIVERBITCOINSVOID

ThisisalegallybindingcontractbetweenMikeCaldwell,1234AnywhereRoad,Sandy,UT84092
(SELLER),andFredFlintstone(nobody@null)(BUYER).
1. ThisisanagreementforSELLERtodeliveronethousandtwohundredthirtyfour(1234)Bitcoins
(BTC)toBUYER(PURCHASEDBITCOINS),inexchangeforawiretransferpaymentofUnited
StatesDollars(USD)$12,345.67(PURCHASEPRICE)tobemadepayabletoSELLERsbank
account,tobecompletedbyMay99,2011(CLOSINGDATE).Thisamountrepresentsarateof
$12.34perBTC,plusa$.00wiretransferreceiptfee.
DEFINITIONS
2. Bitcoins,abbreviatedBTC,areelectronicunitsofstoredvalue,usefulasvirtualcurrencyin
variousonlinegamesandenvironments.BitcoinsaremanagedbythesoftwareprogramBitcoin
bySatoshiNakamoto,asdescribedathttp://www.bitcoin.org.
3. ABitcoinaddressisanendpointforreceivingpayment.Bitcoinsaredeliveredbyassigning
themtoaBitcoinaddressusingtheBitcoinsoftwareprogramorfunctionalequivalent.Thefact
thatatransferofBitcoinshastakenplacecanbevalidatedthroughasoftwareutilityknownasa
Bitcoinblockexplorersuchastheoneavailableathttp://www.blockexplorer.com.
PAYMENTDETAILS
4. BUYERagreestopayPURCHASEPRICEtoSELLERviaFederalReservewiretransferbytheclose
ofbusinessonCLOSINGDATE,tothefollowingbankaccount:MikeCaldwell,AmericaFirst
CreditUnion,routingnumber999999999,checkingaccountnumber999999999999.The
addressforAmericaFirstCreditUnionis1344West4675South,RiverdaleUtah84405.
5. SELLERshalldeliverPURCHASEDBITCOINStothefollowingBitcoinpaymentaddressnolater
than48hoursofreceiptofthewiretransfer:1xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxw
EXECUTIONOFTHECONTRACTANDTRANSACTION
6. ThiscontractshallbedeemedexecutedbySELLERwhenproperlydigitallysignedbySELLERs
AdobeCertifiedDocumentServices(AdobeCDS)signingkey,andsaidsigneddocumentis
electronicallydeliveredtoBUYERintheformofaCertifiedPDFDocument.Validationofthe
certification,whichisbasedonacryptographicdigitalsignature,isperformedusingthefree
AdobeReadersoftware.SELLERssigningkeywasissuedonOctober4,2010,byEntrust,Inc.of
Dallas,TX,andhasaserialnumberof4C119506.
7. BUYERmayexecutethecontractbyprintingitandsendingasignedcopytoSELLERinany
manneracceptabletoSELLER.Intheabsenceofasignature,digitalorotherwise,thiscontract
shallbedeemedexecutedbyBUYERregardless,whenawiretransferintheaboveamountis
madetoSELLERbyoronbehalfofBUYERintheaboveamount.
8. BUYERwarrantsthathe/sheistherightfulownerofthefundsbeingsenttopurchaseBitcoins,
andthattheywereacquiredlegally.IfBUYERisactingonbehalfofabusiness,BUYERpersonally
warrantsthathe/shehastheauthoritytoenterintosuchatransactiononbehalfofthe
business.BUYERagreestoindemnifySELLERagainstanylossesincurredasaresultofBUYER
sendingfundshe/shedoesnotlegallyown,orwhichhavebeenillegallyacquired.
REMEDIESFORNONTIMELYPAYMENT
9. IntheeventthatBUYERfailstoinitiateawiretransferpaymenttotheaccountasdescribedas
abovebeforecloseofbusinessonCLOSINGDATE,aswellasprovideevidencethatthetransfer
hasbeeninitiatedinsomerespectby1:00PMMountainDaylightTimeofthesamedaythis
contractshallbenullandvoid.(emailedprintoutscanorscreenshotto
mcaldwell@swipeclock.comisfine)
10. IntheeventthatBUYERfailstocompletelyinitiatethewiretransferpaymentbycloseof
businessonCLOSINGDATE,thenumberofBitcoinstobedeliveredmaybereducedbySELLER
toreflectwhatwouldbeyieldedinabuyfromtheonlineBitcointradingwebsiteknownas
MtGoxforthesameamount.
11. BUYERshallnotberesponsibleforwiredelayscausedsolelybythebankingsystemorFederal
Reserve.Intheeventofananticipateddelay,BUYERshallpromptlynotifySELLERofthe
pertinenttransactiondetails,includingtheFederalReservereferencenumberofthewire.
GUARANTEEFORTHEBUYERINCASEOFNONDELIVERY
12. IntheeventthatSELLERfailstodelivertheBitcoinstotheaboveaddressten(10)dayspasttime
frameprovided,SELLERisinbreachofcontractforthefullamountofthetransactionplusa
penaltywhichaccruesattherateof35percentperannum.SELLERshallalsobeliabletoBUYER
forallattorney,travel,andcourtcostsincurredincollectingtheamountwithpenalty,inthe
eventthatBUYERprevails.
13. However,SELLERmaycurethebreachwithinthatsameten(10)daytimeperiod,byrefunding
theentireamounttoBUYER,alongwith$100tocoverBUYERswiretransfercosts.Ifthevalue
ofBitcoinshasincreased(ascalculatedbyMtGoxmethod),SELLERmustalsopaydoublethe
valueofanysuchincreaseinordertocurethebreachandavoiddefault.
14. Partiesshallnotberesponsibleforreasonabledelaysincurredbythebankingsystembeyond
partiescontrol.Partiesarenotinbreachofcontractforanyperiodoftimeinwhichtheparty
canprovethebankingsystemand/orFederalReserveisholdingthefundsinescrowforthe
benefitofBUYERand/orSELLER,whilesuchinstitutiontakesanystepstoensurethevalidityof
thetransaction.
SIGNATURESTHISAGREEMENTISASAMPLEONLY,NOTLEGALLYBINDING
SELLER(affixtimestampedAdobeCDSsealhere) BUYER

X______________________________
DATE__________________________
Michael Caldwell
Digitally signed with Adobe
Certified Document Services
Sandy Utah 84092 US
2011.06.02 16:54:05 -06'00'

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