A significant commercial and critical success, the film earned Streep another Academy Award nomination for Best Actress, also winning Best Picture. Critic Stanley Kaufmann wrote, Meryl Streep is back in top form. This means her performance in Out of Africa is at the highest level of acting in film today.
contract negotiation. Act of two or more parties discussing points of a potential partnership arrangement. The goal is for an agreement to be made that is beneficial to all involved parties. Discussions may go back and forth between parties until all points have been agreed upon.
Bargaining Position. Your bargaining power in negotiating lease terms depends on. -- The size of your tract and what minerals you own in the tract; -- the proximity of your tract to known production; -- whether multiple companies are competi ng to acquire leases in. your area; and. -- going rates for bonus and royalty in your area. Often an oil company will designate an area in which it wants to acquire. leases, and hires a landman to get as many leases in that area as he can.