In 2005, Jill Magid signed a contract with a company to become a diamond when she dies. The contract specifies the agreement for her transformation and the details of her eventual diamond. Upon her death, the diamond will be created from the carbon of her cremated remains. It will have a round cut, weigh one carat, and be set in a gold ring. Until the diamond′s creation, the empty ring setting, the corporate contract, the artist’s preamble, and the Beneficiary Contract constitute the artwork.