He also suggested taking out a 30-day rolling contract which is easier to tweak as usage becomes more habitual.
In September 2009 he signed a new 12-month rolling contract and took on the title of manager rather than first-team coach.
Former England and Liverpool midfielder McMahon has penned a 12-month rolling contract.
Webber has repeatedly been on a one-year rolling contract at Red Bull leading to conjecture that each year will be his final year.
And they have reportedly been annoyed further after, contrary to their wishes, Sir Alex Ferguson was awarded a new one-year rolling contract on Wednesday.
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Ashton's rolling contract runs until the end of this year, and his future will not be decided until a thorough review of England's World Cup campaign has been undertaken.
And Williamson's relationship with the Easter Road directors was put to the test when he was forced to renegotiate the lucrative five-year deal he signed in favour of a reduced salary and a one-year rolling contract.
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The American, who took control of Villa in 2006, said he was also sure that manager O'Neill would remain at the Birmingham club for the foreseeable future, even though he continues to operate on a 12-month rolling contract.
Kinnear was appointed in September after Kevin Keegan's exit and is working on a rolling monthly contract.
Bear Stearns' Byers suggests buying the nearest contract (they expire quarterly) and rolling over into the next one.
Companies could be barred from using rolling contracts - where the contract is renewed each day so that at any given time directors have a fixed notice period to serve - to get around limits on the length of time they may serve.
It looks like one investor is rolling a large put spread out to the December contract to extend bearish sentiment on the stock through to the end of 2011.
FORBES: Bulls Bet On Peabody, Bears Snap Up TD Ameritrade Puts
If the trader is in fact rolling part of the original position out to the December contract, it seems the transition results in profits on the one hand, and a more bearish stance on NG on the other.
FORBES: Bulls Bet On Peabody, Bears Snap Up TD Ameritrade Puts
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