The company won a multi-million-dollar 'contract' to build a new courthouse. = The company was awarded a multi-million-dollar 'contract' to build a new courthouse.
The company 'contracted out' its manufacturing jobs. [=the company paid another company to do its manufacturing jobs instead of doing them itself]
If he breaks the 'contract' [=if he does not abide by the agreement], he will get sued.
(..) Do me a favor. Don't quit or get fired before the year's up, because otherwise I don't get my bonus. Wait, I can leave whenever I want? - What's the point of this contract? - Just sign the damn thing. Okay. Nice doing business with you, Dylan Harper. Hey, I was thinking of getting some lunch. (..)2011 Friends with Benefits
(..) for guerrilla advertising. Taking something so pure and commercializing it? Knew I found the right guy. - Here I am. - Okay. Here's your contract. Sign it and I will be out of here. Okay. A whole year? Why do I get the feeling this is the first real commitment you've ever made? (..)2011 Friends with Benefits