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Dictionary by pitch.dog
Commercial terms & deal structure · Working

Evergreen contract

Also called: rolling contract

ELI5

A contract that continues or renews automatically until properly terminated.

Used in conversation

“Do not describe evergreen contract as agreed until the operative document says so.”

Pitch context

You will see “Evergreen contract” in go-to-market plans, sales forecasts, account reviews and commercial proposals when the discussion reaches commercial terms & deal structure.

Why it matters: In commercial terms & deal structure, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

When the words have to travel

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Sources & evidence · 3

Direct term-level sources and supporting source families.