the clause, particularly in light of its placement at the end of the handbook, many pages after the Academic Honor and Social Code, would require Bowdoin to follow its existing rules until Bowdoin changes its rules and a new pledge is signed. The Court will apply Maine law in assessing whether a contract existed between Plaintiff and Bowdoin. Mai an unlimited right to determine the nature and extent of his performance renders his obligation too indefinite for legal enforcement, making it, as it is termed, merely illusory.” Corthell v. Summit Thread Co., 132 Me. 94, 167 A. 79, 81 (1933). However, if other terms of the contract limit a party’s retention of a right to define its terms, such retention will not render the contract too indefinite or illusory for enforcement. See id. at 82 (<HOLDING>). Additionally, a number of opinions by the
holding that a termination clause allowing for termination of a distributorship contract at the end of any year could not be modified by the duty of good faith even though the manufacturer relied on the contract and invested 1 million in facilitating the needs of the contract holding that an attorney approval clause in a contract for the sale of real estate was a part of that contract and would have to be satisfied for the underlying contract to be enforceable recognizing the basic principle of contract law that the obligation of good faith is an implied condition in every contract holding that good faith interpretation clause and reasonableness language in contract prevented clause reserving determination of basis and amount of recognition to rest entirely  with employer  at all times  from rendering contract illusory holding that an agreement to arbitrate is illusory if as here the employer can unilaterally modify the contract