Set-up the initial and extension terms


When present, Zendoc automatically extracts the following contract terms tags from your contracts:

  • Effective Date
    • Date when the contract becomes effective
  • Initial Term Expiration Date
    • Date indicating the expected expiration of the initial term.
    • Can be automatically calculated from the Effective date and the Initial Term Duration 
  • Initial Term Duration
    • Duration in days, months and years of the initial term. 
    • Can be automatically be calculated from the effective date and the Initial Term Expiration Date
  • Initial Term Occurrence
    • Number of occurrences for the initial term, typically equals to 1


  • Extension Term Expiration Date
    • Date indicating the expected expiration of the extension term.
    • Can be automatically calculated from the Extension Term Duration
  • Extension Term Duration:
    • Duration in days, months and years of the extension term. 
    • Can be automatically be calculated from the Extension Term Expiration Date
  • Extension Term Occurrences
    • Number of occurrences for the extension term. No tag indicates an infinite number of occurrences (default) 
  • Auto Renewal
    • Whether the extension term will automatically renew


Zendoc then automatically computes the following tags:


  • Renewal Date
    • Next renewal date in the contract. If no renewal date is present a - is shown
  • Contract Expiration:
    • The expected contract expiration of the contract assume no action is performed by the parties. 
  • Evergreen
    • A value set to True for Evergreen contracts


Example 1: A simple term, no extension


In this example Zendoc automatically extracted the Initial Term Expiration Date from the contract and calculates the corresponding duration.



The contract lifecycle information is automatically calculated. In this example, since there is only one term, the contract expiration date equals the contract initial term expiration date


If Zendoc missed the expiration date, manually add the tag and Zendoc will calculate the rest for you




Example 2: Term with extension


In this example Zendoc automatically extracted automatically all information for the initial term and the extension term



The lifecycle panel shows the next renewal date (02/28/23) based on the current date and term information. The contract expiration date is set to Evergreen since the contract automatically renews.