Brokerages automatically exercise an ITM option contract unless the contract owner instructs them otherwise.
If the contract owner is unhappy with the current rate, he typically is faced with stiff surrender charges which deter him from withdrawing funds from the contract or switching to another insurance company offering higher rates.
Under a newly extended contract, the owner of P and O will manage the movement of heavy armor, helicopters and other military materiel through the Texas seaports of Beaumont and Corpus Christie.
With this sort of contract, the owner of a big, highly appreciated stock position gets an upfront payment from an investment firm--typically for 75% to 85% of the value of his shares--in exchange for agreeing to deliver a variable number of shares or cash in the future, with the exact amount dependent on how the stock performs.
Madrid released the Portuguese coach from his contract, so Chelsea owner Roman Abramovich would not have to pay compensation to be reunited with the manager he fell out with in 2007.
The contract stipulates that the property owner agrees to repay the cost of the improvements through an annual property tax assessment lasting up to 20 years.
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Here a dentist, doctor or small-business owner signs an employment contract with a foreign (usually Irish) employee-leasing company, which then leases his services to a U.S. leasing company, which in turn leases his services back to his business or practice.
Facebook claimed the version of the contract that made Ceglia a co-owner of Facebook was fraudulent.
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If I don't return the car in time, or damage it, the contract will automatically be referred by the owner to an adjudication panel who can use my deposit or the owners bond to finance resolution.
Fisichella is under contract to Sauber for 2005, but team owner Peter Sauber has said he would not stand in his way if a top team offered him a drive.
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The 34-year-old England midfielder has yet to be offered a new contract by the club, but he gave owner Roman Abramovich food for thought as he passed Bobby Tambling's longstanding mark of 202.
"Chainrai has invoked a clause in a loan contract he struck with the club's third owner this year, Ali Al Faraj, giving him the right to take over 90% of the shares should they default on repayments to him, " added Farquhar.
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He said the issue of whether bribes were paid to win a contract was a matter for India and Westland's owner, the Italian company Finmeccanica.
Under the terms of a contract signed in February 1599, Shakespeare became a 10% owner of the theater.
These give the owner of the option the right to buy the futures contract within a certain time frame at a preset price.
The funeral home owner takes a bit of a haircut when the preneed contract comes due, but he has more than enough full-price customers to cover the overhead.
Reports have suggested Cole and his representatives have angered Chelsea owner Roman Abramovich with their hard-line stance over wages during contract negotiations.
He wanted the contract to carry Reliance Petroleum's crude oil, but the billionaire controlling owner Mukesh Ambani told him that the railways were just too expensive and he was using the pipelines of his competitors at a 10% discount on IR's price.
It had one employee too many to be considered a retail customer, so it is not clear whether in future Barclays would be banned from selling this hedging product to the likes of Adcocks or whether the owner Paul Adcock will be able to escape from the financially crippling contract.
Peyton Manning finally received the contract that we knew would be the richest in the history of football, his owner Jim Irsay having promised that two years ago.
Ten minutes later Arsenal's goalkeeper was shown a yellow card for upending Ramires inside the area before Lampard stepped up to score his eighth league goal of the season, prompting Chelsea's fans to implore owner Roman Abramovich to extend the 34-year-old's contract beyond the end of the season.
Team owner John Mara said Monday the Giants will risk having Cruz agree to a contract with another club.
Giants co-owner John Mara said recently that the team was close to reaching a new contract with Cruz, who has led the team in receiving the past two seasons, catching 86 passes for 1, 092 yards and 10 touchdowns in 2012.
It has already seen off challenges for the Channel 4 and Channel 5 bulletins from BSkyB, the owner of Sky News, and it is confident of retaining its first and most important contract.
However Briatore, who is also co-owner of the West London club, did not explain what the difference was between a sacking and a contract termination.
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