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hey everyone welcome to the third open law demo for those who havent seen our previous demos open law is a blockchain based protocol for the creation and execution of smart legally enforceable agreements using open law you can create a legal agreement from one of our templates digitally sign the agreement and store those signatures on a theory and blockchain and have a legal agreement interact within the theorem smart contract this is our third demo where were going to explain to you how you can create a legal agreement that manages the sale of an aetherium based IRC 20 to show this functionality were gonna walk you through the creation and execution of a standard purchase agreement an agreement between a hypothetical seller of an ER C 20 and a purchaser lets go to that agreement now as you can see this looks like a standard agreement the bulk of the agreement is written familiar legal prose section 1 outlines terms related to the purchase sale and distribution of s section 2