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.
(..) to be where you look. Don't look Ian in the eye. Just above his head. Never look him in the eye. JACKSON: Above his head. He's on his contract. He doesn't wanna make any eye contact with anyone. McKELLEN: Thank you, Peter. Shall we give it a go? So it's... (..)2012 The Hobbit: An Unexpected Journey
(..) of Bag End. He should just slam the door behind him. Don't have him be too fussy, you know? He's really kind of racing-- And he's got the contract in his hand. Comes bounding out through the gate and racing down this path. We're supposed to be doing some shots in beautiful sunshine... (..)2012 The Hobbit: An Unexpected Journey