This contract will settle* (expire) at 100 ($10.00) if Muammar al-Gaddafi is no longer the leader of Libya for any reason (including death) before midnight ET on the date specified in the contract.
The contract will settle* (expire) at 0 ($0.00) at midnight ET on the date specified in the contract if Muammar al-Gaddafi remains leader of Libya until that time.
*Settlement (expiry) will be based on the status of Muammar al-Gaddafi as leader of Libya. If there is any ambiguity over this status Intrade reserves the absolute right to determine how this market will be settled (when and at what price). This will be done using all reliable mainstream information that is publicly available at that time. Intrade reserves the right to wait for further information before settling this or any other market.
Any changes to the result after the contract has expired will not be taken into account - Contract Rule 1.4
Due to the nature of this prediction market contract you are obligated to read Contract Rule 1.7 (Unforeseen Circumstances) and Contract Rule 1.8 (Time Protection). Intrade may invoke these rules in its absolute discretion if deemed appropriate.
Please contact the exchange by e-mailing help@intrade.com if you have any questions regarding this contract or interpretation of these contract specific rules, related exchange news articles or exchange rules before you place an order to trade.
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Muammar al-Gaddafi (Leader of Libya)
Muammar al-Gaddafi to no longer be leader of Libya before midnight ET 31 Dec 2011 |
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| Muammar al-Gaddafi to no longer be leader of Libya before midnight ET 31 Dec 2011 | ||||||||||||||||||||||||
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