{"component": "clause", "props": {"groups": [{"samples": [{"hash": "kqWSfHliQf", "uri": "/contracts/kqWSfHliQf#five-year-term", "label": "Charter School Contract", "score": 30.0480155535, "published": true}, {"hash": "lKLDKhW62Ni", "uri": "/contracts/lKLDKhW62Ni#five-year-term", "label": "Charter School Contract", "score": 30.0425408183, "published": true}, {"hash": "8UOYOJzOJcR", "uri": "/contracts/8UOYOJzOJcR#five-year-term", "label": "Charter School Contract", "score": 29.7058446059, "published": true}], "snippet_links": [{"key": "charter-school-contract", "type": "clause", "offset": [5, 28]}, {"key": "effective-upon", "type": "clause", "offset": [38, 52]}, {"key": "for-a-period-of-five-years", "type": "definition", "offset": [72, 98]}, {"key": "applicable-law-and-regulation", "type": "clause", "offset": [198, 227]}], "size": 4, "snippet": "This Charter School Contract shall be effective upon complete execution for a period of five years and will terminate on June 30, 2020, unless terminated earlier as provided herein or revoked under applicable law and regulation.", "hash": "e3553bcbdec857306f54dec8fbef9426", "id": 1}, {"samples": [{"hash": "hDQcPHUt35Z", "uri": "/contracts/hDQcPHUt35Z#five-year-term", "label": "Uniform Marketing and Delivery Agreement", "score": 20.568788501, "published": true}], "snippet_links": [{"key": "the-term-of-this-agreement", "type": "clause", "offset": [0, 26]}, {"key": "of-the-company", "type": "clause", "offset": [96, 110]}, {"key": "subject-to", "type": "definition", "offset": [157, 167]}, {"key": "minnesota-statutes", "type": "clause", "offset": [184, 202]}, {"key": "at-the-end-of-the", "type": "clause", "offset": [254, 271]}, {"key": "first-year", "type": "definition", "offset": [272, 282]}, {"key": "an-additional", "type": "clause", "offset": [346, 359]}, {"key": "either-party", "type": "definition", "offset": [372, 384]}, {"key": "notice-of-termination", "type": "clause", "offset": [391, 412]}, {"key": "succeeding-year", "type": "definition", "offset": [437, 452]}, {"key": "in-the-same-manner", "type": "definition", "offset": [470, 488]}, {"key": "and-company", "type": "clause", "offset": [597, 608]}], "size": 1, "snippet": "The term of this Agreement shall be for five (5) consecutive years following the effective date of the Company\u2019s conversion to a cooperative governed by and subject to Chapter 308B of Minnesota Statutes. This date is referred to as the \u201cEffective Date.\u201d At the end of the first year of the five (5) year term, this Agreement shall be renewed for an additional year unless either party gives notice of termination as provided below. Each succeeding year shall be renewed in the same manner so that, unless notice of termination is given, there shall always be a five (5) year obligation for Patron and Company under this Agreement.", "hash": "6ad24238fa23282fe11aa5e0a6ad3eff", "id": 4}, {"samples": [{"hash": "4lgXQNnD06o", "uri": "/contracts/4lgXQNnD06o#five-year-term", "label": "Employment Agreement (Pennsylvania Commerce Bancorp Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "executive-employment", "type": "definition", "offset": [16, 36]}, {"key": "subject-to", "type": "definition", "offset": [77, 87]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [96, 134]}, {"key": "term-of", "type": "clause", "offset": [142, 149]}, {"key": "effective-date-of-the-merger", "type": "definition", "offset": [182, 210]}], "size": 1, "snippet": "Commerce offers Executive employment, and Executive accepts such employment, subject to all the terms and conditions of this Agreement, for a term of five (5) years beginning on the effective date of the Merger.", "hash": "5792cf168d92e1fc759570f171a5881f", "id": 5}, {"samples": [{"hash": "hrhPj2uHAl1", "uri": "/contracts/hrhPj2uHAl1#five-year-term", "label": "Grant Funding Agreement", "score": 32.0704320088, "published": true}], "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [4, 18]}, {"key": "after-the-commencement-date", "type": "clause", "offset": [79, 106]}, {"key": "in-accordance-with", "type": "definition", "offset": [134, 152]}], "size": 1, "snippet": "5.1 This Agreement will start on the Commencement Date and will expire 5 years after the Commencement Date, unless terminated earlier in accordance with this Agreement.\u200c", "hash": "c456f5fde8febdbfcff9e00d898f4bd3", "id": 8}, {"samples": [{"hash": "gAUA025heL9", "uri": "/contracts/gAUA025heL9#five-year-term", "label": "Employment Agreement (Commerce Bancorp Inc /Nj/)", "score": 21.0, "published": true}], "snippet_links": [{"key": "employment-on", "type": "clause", "offset": [34, 47]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [56, 94]}, {"key": "term-of", "type": "clause", "offset": [102, 109]}, {"key": "beginning-on-the", "type": "clause", "offset": [125, 141]}], "size": 1, "snippet": "Commerce offers, and Hill accepts employment on all the terms and conditions of this Agreement, for a term of five (5) years beginning on the date stated above.", "hash": "8f2b102aa4909edeb6334cceddebd458", "id": 7}, {"samples": [{"hash": "1bHRJ2eiqKi", "uri": "/contracts/1bHRJ2eiqKi#five-year-term", "label": "Creditor Trust Agreement", "score": 23.4421629021, "published": true}], "snippet_links": [{"key": "effective-date-of-the-plan", "type": "definition", "offset": [34, 60]}, {"key": "termination-of-the", "type": "clause", "offset": [82, 100]}, {"key": "section-111", "type": "clause", "offset": [145, 157]}, {"key": "creditor-trustee", "type": "definition", "offset": [163, 179]}, {"key": "the-facts", "type": "clause", "offset": [196, 205]}, {"key": "extension-of-the", "type": "clause", "offset": [239, 255]}, {"key": "duration-of-the", "type": "clause", "offset": [256, 271]}, {"key": "in-order-to", "type": "clause", "offset": [287, 298]}, {"key": "period-of", "type": "definition", "offset": [364, 373]}, {"key": "the-extended-term", "type": "clause", "offset": [443, 460]}, {"key": "additional-extensions", "type": "clause", "offset": [467, 488]}, {"key": "approval-by-the-bankruptcy-court", "type": "clause", "offset": [653, 685]}, {"key": "prior-to", "type": "definition", "offset": [711, 719]}, {"key": "opinion-of-counsel", "type": "definition", "offset": [779, 797]}, {"key": "further-extension", "type": "clause", "offset": [842, 859]}, {"key": "adversely-affect", "type": "definition", "offset": [870, 886]}, {"key": "status-of-the-trust", "type": "clause", "offset": [891, 910]}, {"key": "grantor-trust", "type": "definition", "offset": [916, 929]}, {"key": "federal-income-tax-purposes", "type": "clause", "offset": [934, 961]}, {"key": "trustee-shall", "type": "definition", "offset": [977, 990]}, {"key": "approval-of", "type": "clause", "offset": [996, 1007]}], "size": 1, "snippet": "If, after five (5) years from the Effective Date of the Plan, the dissolution and termination of the Creditor Trust has not occurred pursuant to Section 11.1, and Creditor Trustee determines that the facts and circumstances necessitate an extension of the duration of the Creditor Trust in order to effectuate its purpose, the Creditor Trust may be extended for a period of twelve (12) months. The Creditor Trustee may, upon the expiration of the extended term, seek additional extensions of twelve (12) months if warranted by the facts and circumstances. Any extension of the duration of the Creditor Trust, as provided for herein, shall be subject to approval by the Bankruptcy Court, provided, however, that prior to requesting such extension, Creditor Trustee must retain an opinion of counsel or a favorable ruling from the IRS that any further extension would not adversely affect the status of the Trust as a Grantor Trust for Federal income tax purposes.. The Creditor Trustee shall seek approval of any such extension within sixty (60) days of the expiration of the initial five (5) year term or any extension thereof.", "hash": "3c1f1dfa3ec264f4a98b5dd66bd71f88", "id": 6}, {"samples": [{"hash": "4sVzkqGvHW8", "uri": "/contracts/4sVzkqGvHW8#five-year-term", "label": "Pole Attachment and Joint Use License Agreement", "score": 33.3897504067, "published": true}], "snippet_links": [{"key": "effective-date-of-this-agreement", "type": "definition", "offset": [4, 36]}, {"key": "continue-in-effect", "type": "clause", "offset": [91, 109]}, {"key": "from-the-effective-date", "type": "clause", "offset": [129, 152]}, {"key": "by-either-party", "type": "clause", "offset": [231, 246]}, {"key": "by-written-notice", "type": "clause", "offset": [247, 264]}, {"key": "prior-to-the", "type": "clause", "offset": [309, 321]}, {"key": "initial-termination-date", "type": "clause", "offset": [333, 357]}, {"key": "annual-extension", "type": "clause", "offset": [365, 381]}], "size": 1, "snippet": "The effective date of this Agreement is the date first written above. This Agreement shall continue in effect for five (5) years from the effective date. This Agreement shall automatically renew from year to year unless terminated by either Party by written notice not less than one hundred eighty (180) days prior to the end of the initial termination date or any annual extension thereof.", "hash": "293fad3d0b2f248f518b5248d8b43d61", "id": 10}, {"samples": [{"hash": "95dqZCedcNE", "uri": "/contracts/95dqZCedcNE#five-year-term", "label": "Subscription Services Agreement", "score": 34.6238784464, "published": true}, {"hash": "ckmrl6ifkxA", "uri": "/contracts/ckmrl6ifkxA#five-year-term", "label": "Subscription Services Agreement", "score": 32.2095202407, "published": true}, {"hash": "kaeBTseSdAG", "uri": "/contracts/kaeBTseSdAG#five-year-term", "label": "Subscription Services Agreement", "score": 31.7797535306, "published": true}], "snippet_links": [{"key": "in-connection-with", "type": "clause", "offset": [36, 54]}, {"key": "subscription-services", "type": "definition", "offset": [63, 84]}, {"key": "upon-expiration", "type": "clause", "offset": [86, 101]}, {"key": "subscription-term", "type": "clause", "offset": [137, 154]}, {"key": "title-to-the-equipment", "type": "clause", "offset": [156, 178]}, {"key": "to-customer", "type": "clause", "offset": [207, 218]}, {"key": "subscription-expiration-date", "type": "definition", "offset": [228, 256]}], "size": 3, "snippet": "Motorola provides equipment for use in connection with certain Subscription Services. Upon expiration and non-renewal of a five (5) year subscription Term, Title to the equipment will automatically transfer to Customer upon the subscription expiration date.", "hash": "02ecaf07545f5141979c6cceb75b71c8", "id": 2}, {"samples": [{"hash": "lGGJk4VdQsa", "uri": "/contracts/lGGJk4VdQsa#five-year-term", "label": "Registration Rights Agreement (Argyros George L)", "score": 18.0, "published": true}, {"hash": "8UNx4ULiHnG", "uri": "/contracts/8UNx4ULiHnG#five-year-term", "label": "Registration Rights Agreement (DST Systems Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [0, 14]}, {"key": "force-and-effect", "type": "clause", "offset": [67, 83]}, {"key": "with-respect-to-article-5", "type": "clause", "offset": [92, 117]}, {"key": "five-years", "type": "definition", "offset": [147, 157]}, {"key": "date-hereof", "type": "clause", "offset": [168, 179]}], "size": 3, "snippet": "This Agreement shall terminate and be of no further -------------- force and effect, except with respect to Article 5, on that date which shall be five years after the date hereof.", "hash": "5666feca34f1cb602dba2e1b00d8f553", "id": 3}, {"samples": [{"hash": "jLqyzQ5Ts8X", "uri": "/contracts/jLqyzQ5Ts8X#five-year-term", "label": "Employment Agreement (Republic First Bancorp Inc)", "score": 28.1868583162, "published": true}], "snippet_links": [{"key": "the-company", "type": "definition", "offset": [0, 11]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [59, 97]}, {"key": "term-of", "type": "clause", "offset": [105, 112]}, {"key": "beginning-on-the", "type": "clause", "offset": [128, 144]}], "size": 1, "snippet": "The Company offers, and Hill accepts engagement on all the terms and conditions of this Agreement, for a term of five (5) years beginning on the date stated above.", "hash": "41bdf2fc2bdc0262720c6c6689ddf990", "id": 9}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhdmaXZlLXllYXItdGVybSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["customer-security-measures", "Customer Security Measures"], ["background-checks", "Background checks"], ["industry-standard", "Industry Standard"], ["settlement", "Settlement"]], "title": "Five-Year Term", "size": 21, "parents": [["definitions", "DEFINITIONS"], ["employment-and-term-of-employment", "Employment and Term of Employment"], ["limitation-of-liability", "LIMITATION OF LIABILITY"], ["essential-term", "Essential term"], ["miscellaneous-provisions", "Miscellaneous Provisions"]], "id": "five-year-term", "related": [["contract-year", "Contract Year", "Contract Year"], ["work-year", "Work Year", "Work Year"], ["base-term", "Base Term", "Base Term"], ["fixed-term", "Fixed Term", "Fixed Term"], ["initial-period", "Initial Period", "Initial Period"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00", "also_ask": ["What negotiation leverage does a fixed five-year term provide to each party?", "Which termination or renewal provisions are essential to include in a five-year term clause?", "What are the main risks if the five-year term lacks clear early-exit or extension mechanisms?", "How does a five-year term compare to shorter or rolling terms in similar agreements?", "What factors do courts consider when enforcing or invalidating a fixed-term clause like this?"], "drafting_tip": "Specify the exact start and end dates to avoid ambiguity; clarify renewal or termination conditions to ensure enforceability; define notice requirements to prevent disputes.", "explanation": "The Five-Year Term clause establishes that the agreement or contract will remain in effect for a period of five years from its commencement date. In practice, this means that both parties are bound by the terms and obligations outlined in the contract for a full five-year duration, unless otherwise terminated or renewed according to other provisions. This clause provides certainty and stability by clearly defining the length of the contractual relationship, helping both parties plan their commitments and resources accordingly."}, "json": true, "cursor": ""}}