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PIP-0021: formatting and numbering fixes

Herman Schoenfeld 7 years ago
parent
commit
6c353136f9
1 changed files with 37 additions and 36 deletions
  1. 37 36
      PIP/PIP-0021.md

+ 37 - 36
PIP/PIP-0021.md

@@ -67,103 +67,104 @@ The following rules apply unless the context requires otherwise:
 
 **The Contractor agrees:**
 
-    3.1 to provide all necessary personal and/or company documentation requested by the Foundation in order to comply with the KYC/AML regulations applicable within the jurisdiction of the Foundation.
+    **3.1** to provide all necessary personal and/or company documentation requested by the Foundation in order to comply with the KYC/AML regulations applicable within the jurisdiction of the Foundation.
 
-    2.2 to provide the Foundation the contact details of a designated contact with ostensible authority to represent the Contractor.
+    **3.2** to provide the Foundation the contact details of a designated contact with ostensible authority to represent the Contractor.
 
 ### 4. PRIVACY
 
 **The Foundation agrees:**
 
-    4.1 to keep Contractor records private and secure and not disclose confidential Contractor information to any 3rd party unless required to for auditing, legal, tax and/or compliance reasons.
+    **4.1** to keep Contractor records private and secure and not disclose confidential Contractor information to any 3rd party unless required to for auditing, legal, tax and/or compliance reasons.
 
 **The Contractor agrees:**
 
-    4.2 that the Foundation's commitment to preserve their privacy is not a guarantee, and shall not hold Foundation liable for leaks arising from cybercrime or rogue employees.
+    **4.2** that the Foundation's commitment to preserve their privacy is not a guarantee, and shall not hold Foundation liable for leaks arising from cybercrime or rogue employees.
 
-    4.3 that the Foundation will publish Contractor invoices for public auditing, and these publications will reference the company name and/or personal name of the Contractor as well as the Payments disbursed to the Contractor by the Foundation.
+    **4.3** that the Foundation will publish Contractor invoices for public auditing, and these publications will reference the company name and/or personal name of the Contractor as well as the Payments disbursed to the Contractor by the Foundation.
 
 ### 5. FUNDING & PAYMENTS
 
 **The Parties agree:**
 
-    5.1 that Payments are apportioned to the Contractor on a daily-basis based on daily spot-price conversions of associated cryptocurrencies and fiat currencies.
+    **5.1** that Payments are apportioned to the Contractor on a daily-basis based on daily spot-price conversions of associated cryptocurrencies and fiat currencies.
 
-    5.2 that spot-price conversions are transitively calculated from PASC to the destination currency. 
+    **5.2** that spot-price conversions are transitively calculated from PASC to the destination currency. 
 
      _Example: A payment of PASC worth 10 EUR is calculated as 10 / (PASC/BTC x BTC/USD x USD/EUR)_
 
-    5.3 that the Foundation may may utilise USDT in place of USD when performing spot-price conversions.
+    **5.3** that the Foundation may may utilise USDT in place of USD when performing spot-price conversions.
 
-    5.3 that the Funding is ultimately determined by the DAO and not the Foundation and shall not be construed as so.
+    **5.4** that the Funding is ultimately determined by the DAO and not the Foundation and shall not be construed as so.
 
-    5.4 that the Foundation is the custodian of the Funding and not the grantor or guarantor.
+    **5.5** that the Foundation is the custodian of the Funding and not the grantor or guarantor.
 
-    5.5 that the Funding is not guaranteed in any way, shape or form and that Payments may be terminated at any time by the DAO and/or Foundation without prejudice.
+    **5.6** that the Funding is not guaranteed in any way, shape or form and that Payments may be terminated at any time by the DAO and/or Foundation without prejudice.
 
-    5.6 If (Contractor PASA Quantity) + (Contractor Holding PASA Quantity) is less than (Reserve Ratio) x (Proposal Amount) then Foundation will disburse Payment as 0.5 * (Payment Amount) to (Contractor PASA) and 0.5 * (Payment Amount) to (Contractor Holding PASA).
+    **5.7** If (Contractor PASA Quantity) + (Contractor Holding PASA Quantity) is less than (Reserve Ratio) x (Proposal Amount) then Foundation will disburse Payment as 0.5 * (Payment Amount) to (Contractor PASA) and 0.5 * (Payment Amount) to (Contractor Holding PASA).
 
-    5.7 If Proposal is terminated for any reason other than successful delivery of the Works, then the balance of the Contractor Holding PASA is retained by the Foundation, otherwise it is sent to the Contractor.
+    **5.8** If Proposal is terminated for any reason other than successful delivery of the Works, then the balance of the Contractor Holding PASA is retained by the Foundation, otherwise it is sent to the Contractor.
 
-    5.8 Foundation may override 5.6 and 5.7 for any reason and at any time with or without notice to the Contractor. 
+    **5.9** Foundation may override 5.7 and 5.8 for any reason and at any time with or without notice to the Contractor. 
 
 ### 6. LIABILITY
 
 **The Contractor agrees:**
 
-    6.1 to Limit all claims for liability, damages and warranty claims to a total sum of of AUD $10.
+    **6.1** to Limit all claims for liability, damages and warranty claims to a total sum of of AUD $10.
 
-    6.2 that the total sum of all such current and prior claims by Contractor shall not exceed a total AUD $10.
+    **6.2** that the total sum of all such current and prior claims by Contractor shall not exceed a total AUD $10.
 
 ### 7. INVOICING
 
-**The Contractor agrees:**
+**The Contractor agrees**
 
-    7.1 to issue all invoices to the Foundation via the FAS and only the FAS.
+    **7.1** to issue all invoices to the Foundation via the FAS and only the FAS.
 
-    7.2 that any invoice issued to the Foundation by the Contractor not generated via the FAS is automatically invalid and void, unless written permission from the Foundation is provided to the Contractor.
+    **7.2** that any invoice issued to the Foundation by the Contractor not generated via the FAS is automatically invalid and void, unless written permission from the Foundation is provided to the Contractor.
 
-**The Foundation agrees:**
+**The Foundation agrees**
 
-    7.3 to grant the Contractor access to the FAS provide a reasonable user-experience for the Contractor.
+    **7.3** to grant the Contractor access to the FAS provide a reasonable user-experience for the Contractor.
 
 ### 8. WORKS
 
-**The Contractor agrees:**
+**The Contractor agrees**
 
-    8.1 to not utilize the Funding for any criminal purpose whatsoever. This includes, but is not limited to, drug related activity, the development/maintenance/promotion of a dark-net market and terrorism.
+    **8.1** to not utilize the Funding for any criminal purpose whatsoever. This includes, but is not limited to, drug related activity, the development/maintenance/promotion of a dark-net market and terrorism.
 
-    8.2 to not utilize the Funding for political purposes.
+    **8.2** to not utilize the Funding for political purposes.
 
-    8.3 that any and all damages and/or liability, including criminal liability, arising from the Works of the Contractor shall in no way be attributed to the Foundation, it’s Directors, Secretary or membership.
+    **8.3** that any and all damages and/or liability, including criminal liability, arising from the Works of the Contractor shall in no way be attributed to the Foundation, it’s Directors, Secretary or membership.
 
-    8.4 that all damages, liability, including criminal and otherwise, arising from the Works of the Contractor, or derivatives of the Works, shall remain within the purview of the Contractor and soley the Contractor.
+    **8.4** that all damages, liability, including criminal and otherwise, arising from the Works of the Contractor, or derivatives of the Works, shall remain within the purview of the Contractor and soley the Contractor.
 
-    8.5 that any agreement undertaken by the Contractor with 3rd parties for the production of the Works shall in no way be construed as an agreement with the Foundation.
+    **8.5** that any agreement undertaken by the Contractor with 3rd parties for the production of the Works shall in no way be construed as an agreement with the Foundation.
 
 ### 9. CHANGES TO AGREEMENT
 
-**The Contractor agrees:**
+**The Contractor agrees**
 
-    9.1 that these terms and conditions may be changed at any time by the Foundation without notice.
+    **9.1** that these terms and conditions may be changed at any time by the Foundation without notice.
 
-    9.2 to regularly review this Agreement for any changes that may impact their production of the Works.
+    **9.2** to regularly review this Agreement for any changes that may impact their production of the Works.
 
-    9.3 that changes to Terms and Conditions shall not be construed as cause for damages.
+    **9.3** that changes to Terms and Conditions shall not be construed as cause for damages.
 
-**The Foundation agrees:**
+**The Foundation agrees**
 
-    9.4 to make a reasonable effort to provide a public notice of changes to this agreement, but without being obligated to do so.
+    **9.4** to make a reasonable effort to provide a public notice of changes to this agreement, but without being obligated to do so.
 
-    9.5 to provide a means to review the revision history of this Agreement (e.g. GitHub revision history).
+    **9.5** to provide a means to review the revision history of this Agreement (e.g. GitHub revision history).
 
-**END OF AGREEMENT **
+**END OF AGREEMENT**
+-----------
 
 # Notes
 
 These notes provide insight on areas of the Agreement but are **NOT** part of the Agreement itself.
 
-## Clauses 5.6, 5.7, 5.8
+## Clauses 5.7, 5.8, 5.9
 
 The purpose of these clauses are to provide an economic incentive-model to motivate more efficient delivery and genuine contributions, whilst filtering out Proposals unlikely to deliver. In simplified terms, a Contractor is required to hold a percentage of what they're asking for in order to receive Payments. If they do not have this amount, then a 50% portion of their Payments are withheld in a holding account until such time that this Reserve can be met, then the full payments are made. The amount withheld during a Proposal is released to the Contractor on succesful delivery. On failure to deliver, the withheld amount is retained by the Foundation.