Both parties herein are in agreement that the word Party A shall refer to William E. Story I.
Both parties herein are in agreement that the word Party B shall refer to William E. Story II.
2. DESCRIPTION OF THE PARTIES
This Agreement is made this day of
WILLIAM E. STORY I hereinafter referred to as “Party A” which expression shall where the
context so admits include his personal representatives and assigns) on the first part; AND
WILLIAM E. STORY II hereinafter referred to as “Party B” which expression shall where the
context so admits include his personal representatives and assigns) of the other part.
IN CONSIDERATION OF the matters described above and of the mutual benefits and
obligations set forth in this Agreement, the receipt and sufficiency of which consideration is
hereby acknowledged, the Party A and Party B agree as follows:
3.1 Party A hereby promises Party B the sum of $5,000 in the event Party B abstains from
drinking alcohol, using tobacco, swearing and playing cards or billiards for money until Party B
reaches the age of 21 years.
Both Party A and Party B agree that when Party B abstains from drinking alcohol, using tobacco,
swearing and playing cards or billiards for money until the age of 21 years, then title to the
$5,000 shall pass from Party A to Party B, but until that time, title will remain in Party A.
4. DUTIES AND TERMINATION
4.1 Party B has the duty of abstaining from alcohol, using tobacco, swearing and playing cards or
billiards for money, failure to observe the same shall amount to a breach of this contract which
warrants for a termination.
4.2 Party A has the duty of fulfilling his promise of giving the Party B a sum of $5,000 after
fulfilling his duty as per clause 4.1.
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Party A and Party B acknowledge that the existence and the terms of this contract and any oral or
written information exchanged between the Parties in connection with the preparation and
performance this contract are regarded as confidential information. All confidential information
provided by a party hereto shall be used by any other parties hereto solely for the purposes of
rendering services pursuant to this contract.
6. ENTIRE AGREEMENT
This Agreement contains the entire agreement and understanding among the parties hereto with
respect to the subject matter hereof, and supersedes all prior and contemporaneous agreements,
understandings, inducements and conditions, express or implied, oral or written, of any nature
whatsoever with respect to the subject matter hereof. The express terms hereof control and
supersede any course of performance and/or usage of the trade inconsistent with any of the terms
In the event any provision or part of this Agreement is found to be invalid or unenforceable, only
that particular provision or part so found, and not the entire Agreement, will be inoperative.
No waiver of any provision hereof shall be effective unless made in writing and signed by the
waiving party. The failure of any party to require the performance of any term or obligation of
this Agreement, or the waiver by any party of any breach of this Agreement, shall not prevent
any subsequent enforcement of such term or obligation or be deemed a waiver of any subsequent
This Agreement may only be amended by a written instrument executed by each of the parties
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IN WITNESS WHEREOF this agreement has been duly executed by the parties hereto the day
and year first herein before written.
SIGNED BY PARTY A
PRINT NAME: WILLIAM E. STORY I
SIGNED BY PARTY B
PRINT NAME: WILLIAM E. STORY II