Lord Hodge said the Companies Act 2006 prohibited such a long contract without the approval of a company's shareholders.
In fairness to officials, negotiating a decades-long contract with a private company is bound to be a tricky exercise requiring plenty of expensive legal gymnastics.
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Since graduating, Ms Allen has managed to secure one year-long contract to date, but that ended in June and she has had to take a job outside the classroom.
They also provide exceptionally long contract terms and high ownership stakes and eliminate requirements that Iraq's oil stay in Iraq, that companies invest earnings in the local economy or hire a majority of local workers.
Automatic technology upgrades come with a long term contract, which typically run three to five years.
As the Yankees courted him, there were concerns that Lee wanted too much money, too long a contract for a 32-year-old starter.
Although highly unlikely, but rather intriguing, the Los Angeles Dodgers could be a desired trading partner for the Mets if the Dodgers cannot sign Zack Greinke to a long term contract.
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Unlike the iPhone, which is subsidized by carriers in exchange for a long term contract, prepaid phones are typically sold for a modest up front cost, and service is paid for month-to-month.
The fine print though usually consists of a long term contract and expensive early termination fees crafted to deter merchants from leaving those merchant services providers whoworked so aggressively to win the business with their often confusing sales tactics when explaining the fine print.
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In awarding a contract to run a public service, such as a railway, there is a balance to be struck between making the contract long enough to encourage serious investment and not so long that the forecasts built into bids for the contract become highly speculative.
Also watch for contract negotiations in which union reps sign up members for smaller pay raises and benefits in exchange for a long-term contract.
The 24-year-old Frenchman, who has signed a long-term contract, is also eligible to play for Poland.
We hope that would be the case as we want to put him on a new, long-term contract.
China will take the oil today and will be more than happy to sign a long-term contract for it.
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Many coaches have left programs themselves after signing long-term contract extensions without incurring a significant penalty for doing so.
Cruz, who is seeking a long-term contract extension, was the primary topic of discussion at the Giants' training facility Thursday.
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But Johnny Damon (36) and Hideki Matsui (35), both walked after the 2009 season when the team declined long-term contract offers.
The Rangers might look to sign the 31-year-old Lundqvist to a long-term contract now before he can hit the open market in a year.
But consider: No major cable operator has signed a long-term contract for Gemstar's TV GuideInteractive the company's main growth engine since it was launched last year.
Cincinnati-based Macy's Inc. sued New York-based Martha Stewart Living Omnimedia Inc. for allegedly breaching their long-standing contract when it signed a deal with J.
Its huge, long-running contract with Saudi Arabia, known as al-Yamamah, accounts for more than a quarter of its pre-tax profits, according to Mr Fothergill.
Mr. Steinbrenner is willing to make one exception to his "no-extensions" policy he remains intent on signing star second baseman Robinson Cano to a long-term contract.
Pay-as-you-go allows customers to pay for data access on the Sprint 3G and 4G networks by the day, week or month with no long-term contract.
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Both said Starwood has a long-term contract to manage the hotel.
In the Middle East, the long-term contract wins in Saudi Arabia and the rapidly increasing upstream activity in Iraq should help the company post strong numbers.
Earlier this week, Redknapp denied reports that he had resigned after failing to agree a new long-term contract, with one year left on his previous deal.
The increased volume led to a large long-term contract, which the supplier was able to take to the bank and use to win more favorable credit terms.
Ravens GM, Ozzie Newsome, and his assistant GM, Eric DeCosta, are very good at what they do, and maybe they can make a big long-term contract work.
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In the spring of 2012, he signed a long-term contract, albeit one that included a "release clause, " a fixed price for which the club would have to sell him.
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