{"schema":"rootz.ai/filing-signals/v1","query":{"ticker":"ZETA","limit":50},"count":50,"signals":[{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":100,"match_count":20,"context":"a licensing fee and/or an incremental fee based on customers utilization of the ZMP. The terms of our subscription agreements are typically quarterly or annual. 3 Our Growth Strategies  Our data and AI-powered platform enables our customers to transform their digital marketing strategy, accelerate their revenue growth and enhance business returns. In turn, our customers success motivates them to increase their use","filed_date":"2026-02-25","accession":"0001193125-26-068598","full_text":"https://origin.rootz.global/static/filing/0001193125-26-068598.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":72,"context":"ting a significant portion of our business decide to materially reduce their use of our platform or cease using our platform altogether, our revenue could be significantly reduced, which could have a material adverse effect on our business, operating results and financial condition. We may not be able to replace super-scaled customers who decrease or cease their usage of our platform with new super-scaled customers that","filed_date":"2026-02-25","accession":"0001193125-26-068598","full_text":"https://origin.rootz.global/static/filing/0001193125-26-068598.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"strategic_event","strength":100,"match_count":24,"context":"nt of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025;  To approve, on an advisory (non-binding) basis, the compensation of our named executive officers; and To transact such other business as may properly come before the Annual Meeting or any continuation, postponement, or adjournment of the Annual Meeting. Holders of record of our common stock as","filed_date":"2025-04-30","accession":"0000950170-25-061112","full_text":"https://origin.rootz.global/static/filing/0000950170-25-061112.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":73,"context":"ting a significant portion of our business decide to materially reduce their use of our platform or cease using our platform altogether, our revenue could be significantly reduced, which could have a material adverse effect on our business, operating results and financial condition. We may not be able to replace scaled customers who decrease or cease their usage of our platform with new scaled customers that will use ou","filed_date":"2025-02-26","accession":"0000950170-25-027338","full_text":"https://origin.rootz.global/static/filing/0000950170-25-027338.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":19,"context":"ness or its ownership or leasing of property requires such qualification, except to the extent that the failure to be so qualified or be in good standing would not, singly or in the aggregate, have a material adverse effect on the Company and its subsidiaries, taken as a whole.  (e) Each subsidiary of the Company has been duly incorporated, organized or formed, is validly existing as a corporation or other business enti","filed_date":"2024-09-06","accession":"0001193125-24-215160","full_text":"https://origin.rootz.global/static/filing/0001193125-24-215160.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":100,"match_count":17,"context":"of 17% of his bonus in cash and 83% in restricted shares. The restricted shares were granted in November 2023 and vest as to 25% on January 15, 2024, with the remaining vesting in equal monthly installments on the 15th of each month thereafter through October 15, 2024. Mr. Steinberg, Mr. Greiner and Mr. Gerber were granted 206,044, 116,264 and 137,500 restricted shares, respectively. In addition to","filed_date":"2024-04-26","accession":"0000950170-24-049249","full_text":"https://origin.rootz.global/static/filing/0000950170-24-049249.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"strategic_event","strength":100,"match_count":36,"context":"nt of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024;  To approve, on an advisory (non-binding) basis, the compensation of our named executive officers;  To approve, on an advisory (non-binding) basis, the frequency of future advisory votes on the compensation of our named executive officers; and To transact such other business as may properly come","filed_date":"2024-04-26","accession":"0000950170-24-049249","full_text":"https://origin.rootz.global/static/filing/0000950170-24-049249.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":72,"context":"ting a significant portion of our business decide to materially reduce their use of our platform or cease using our platform altogether, our revenue could be significantly reduced, which could have a material adverse effect on our business, operating results and financial condition. We may not be able to replace scaled customers who decrease or cease their usage of our platform with new scaled customers that will use ou","filed_date":"2024-02-28","accession":"0000950170-24-021671","full_text":"https://origin.rootz.global/static/filing/0000950170-24-021671.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":100,"match_count":14,"context":"l amounts required pursuant to Section 3.05. Each prepayment of the outstanding Term Loans and Incremental Term Loans pursuant to this Section 2.05(a) shall be applied to the principal repayment installments thereof as directed by the Borrower (and in the absence of such direction, to the outstanding Term Loans and Incremental Term Loans on a pro-rata basis). Subject to Section 2.15, such prepayments","filed_date":"2023-05-05","accession":"0000950170-23-018082","full_text":"https://origin.rootz.global/static/filing/0000950170-23-018082.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":41,"context":"88 |  | |  5.02 |  Authorization; No Contravention |  88 |  | |  5.03 |  Governmental Authorization; Other Consents |  88 |  | |  5.04 |  Binding Effect |  89 |  | |  5.05 |  Financial Statements; No Material Adverse Effect |  89 |  | |  5.06 |  Litigation |  89 |  | |  5.07 |  No Default |  90 |  | |  5.08 |  Ownership of Property |  90 |  | |  5.09 |  Environmental Matters |  90 |  | i |  |  |  |  | |  5.10 |  Insuran","filed_date":"2023-05-05","accession":"0000950170-23-018082","full_text":"https://origin.rootz.global/static/filing/0000950170-23-018082.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"strategic_event","strength":100,"match_count":24,"context":"-Votes |  | |  Proposal 1: Election of Directors |  A plurality of the votes cast. This means that the three (3) nominees receiving the highest number of affirmative &#x201c;FOR&#x201d; votes will be elected as Class II directors. |  Votes withheld and broker non-votes will have no effect. |  | |  Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm |  The affirmative vote of the holders o","filed_date":"2023-04-27","accession":"0000950170-23-015344","full_text":"https://origin.rootz.global/static/filing/0000950170-23-015344.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":30,"context":"ting a significant portion of our business decide to materially reduce their use of our platform or cease using our platform altogether, our revenue could be significantly reduced, which could have a material adverse effect on our business, operating results and financial condition. We may not be able to replace scaled customers who decrease or cease their usage of our platform with new scaled customers that will use ou","filed_date":"2023-02-24","accession":"0000950170-23-004243","full_text":"https://origin.rootz.global/static/filing/0000950170-23-004243.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"strategic_event","strength":100,"match_count":36,"context":"and Broker Non-Votes | | |  Proposal 1: Election of Directors |  |  The plurality of the votes cast. This means that the two (2) nominees receiving the highest number of affirmative FOR votes will be elected as Class I directors. |  |  Votes withheld and broker non-votes will have no effect. | | |  |  |  | | |  Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm |  |  The affirmative vot","filed_date":"2022-04-29","accession":"0001193125-22-133788","full_text":"https://origin.rootz.global/static/filing/0001193125-22-133788.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":24,"context":"ting a significant portion of our business decide to materially reduce their use of our platform or cease using our platform altogether, our revenue could be significantly reduced, which could have a material adverse effect on our business, operating results and financial condition. We may not be able to replace scaled customers who decrease or cease their usage of our platform with new scaled customers that will use ou","filed_date":"2022-02-25","accession":"0001193125-22-053214","full_text":"https://origin.rootz.global/static/filing/0001193125-22-053214.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":100,"match_count":19,"context":"ting a significant portion of our business decide to materially reduce their use of our platform or cease using our platform altogether, our revenue could be significantly reduced, which could have a material adverse effect on our business, operating results and financial condition. We may not be able to replace customers who decrease or cease their usage of our platform with new customers that will use our platform to","filed_date":"2021-04-26","accession":"0001193125-21-130521","full_text":"https://origin.rootz.global/static/filing/0001193125-21-130521.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"strategic_event","strength":100,"match_count":32,"context":"COMPENSATION** This section discusses the material components of the executive compensation program for our executive officers who are named in the 2020 Summary Compensation Table below. In 2020, our named executive officers and their positions were as follows:  |  |  |  |  David Steinberg, Chairman and Chief Executive Officer; | | |  |  |  |  Steven Gerber, President and Chief Operating Officer; and | | |  |  |  |  Chr","filed_date":"2021-04-26","accession":"0001193125-21-130521","full_text":"https://origin.rootz.global/static/filing/0001193125-21-130521.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":96,"match_count":12,"context":"three years, with one-third vesting on the date the Company determines the number of PSUs that are eligible to vest for such quarter, and the remaining two-thirds vesting in eight  28 quarterly installments following such determination date. In the event of the executives termination by the Company without cause or due to the executives death or disability, or resignation by the executive for good r","filed_date":"2025-04-30","accession":"0000950170-25-061112","full_text":"https://origin.rootz.global/static/filing/0000950170-25-061112.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":96,"match_count":12,"context":"hat may be earned by each NEO is as follows: Mr. Steinberg, 389% of target; Mr. Gerber, 361% of target; and Mr. Greiner, 373% of target. To the extent earned, the PSUs vest in three equal annual installments, with the first installment vesting on the date the Company determines the number of PSUs that are eligible to vest for such quarter, and the second and third installments vesting on the first an","filed_date":"2023-04-27","accession":"0000950170-23-015344","full_text":"https://origin.rootz.global/static/filing/0000950170-23-015344.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":96,"match_count":12,"context":"y. Customers pay Zeta a design and development fee and a licensing fee for the CDP+. The terms of our subscription agreements are typically annual or multi-year.  Our Growth Strategies  Our data and  AI-powered platform enables our customers to transform their digital marketing strategy, accelerate their revenue growth and enhance business returns. In turn, our customers success motivates them to increase their use","filed_date":"2022-02-25","accession":"0001193125-22-053214","full_text":"https://origin.rootz.global/static/filing/0001193125-22-053214.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":96,"match_count":12,"context":"4,219 repayable against the term loan facility within  the twelve month period ending September30, 2022. The Company intends to draw against the available revolving facility to pay off term loan installments and therefore the total borrowings are included in Long-term borrowings on the condensed unaudited balance sheets as of September30, 2021. 14  [Table of Contents](#toc) |  8. |  Commitments and C","filed_date":"2021-11-10","accession":"0001193125-21-325321","full_text":"https://origin.rootz.global/static/filing/0001193125-21-325321.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":88,"match_count":11,"context":"or a licensing fee and/or an incremental fee based on customers utilization of the ZMP. The terms of our subscription agreements are typically quarterly or annual. Our Growth Strategies  Our data and AI-powered platform enables our customers to transform their digital marketing strategy, accelerate their revenue growth and enhance business returns. In turn, our customers success motivates them to increase their use","filed_date":"2024-02-28","accession":"0000950170-24-021671","full_text":"https://origin.rootz.global/static/filing/0000950170-24-021671.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":80,"match_count":10,"context":"a licensing fee and/or an incremental fee based on customers utilization of the ZMP. The terms of our subscription agreements are typically quarterly or annual. 3 Our Growth Strategies  Our data and AI-powered platform enables our customers to transform their digital marketing strategy, accelerate their revenue growth and enhance business returns. In turn, our customers success motivates them to increase their use","filed_date":"2025-02-26","accession":"0000950170-25-027338","full_text":"https://origin.rootz.global/static/filing/0000950170-25-027338.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":80,"match_count":10,"context":"each fiscal quarter beginning with the second fiscal quarter of 2022 and ending with, and including, the fourth fiscal quarter of 2025. To the extent earned, the PSUs vest in three equal annual installments, with the first installment vesting on the date the Company determines the number of PSUs that are eligible to vest for such quarter, and the second and third installments vesting on the first an","filed_date":"2022-04-29","accession":"0001193125-22-133788","full_text":"https://origin.rootz.global/static/filing/0001193125-22-133788.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":72,"match_count":9,"context":"sed access, strict data separation and advanced security functionalities, the ZMP is built for enterprise-wide adoption and scalability.  **  7  Table of Contents Our Growth Strategies** Our data and AI-powered platform enables our customers to personalize digital marketing experiences at scale, accelerate their revenue growth and enhance business returns. In turn, our customers success motivates them to increase th","filed_date":"2021-04-26","accession":"0001193125-21-130521","full_text":"https://origin.rootz.global/static/filing/0001193125-21-130521.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"capex_increase","strength":71,"match_count":2,"context":"vesting activities, primarily consisting of business and asset acquisitions and other investments of $90.3 million (net of cash acquired), website and software development costs of $20.1 million, and capital expenditures of $13.8 million (including a $5.1 million investment in data and partnership agreements). During the year ended December 31, 2024, we used $97.6 million of cash for investing activities, primarily consisting of capi","filed_date":"2026-02-25","accession":"0001193125-26-068598","full_text":"https://origin.rootz.global/static/filing/0001193125-26-068598.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"strategic_event","strength":71,"match_count":2,"context":"ive stockholders Amir Konigsberg and the Allegheny County Employees Retirement System as co-lead plaintiffs. The co-lead plaintiffs filed an Amended Class Action Complaint on May 12, 2025, which also named other officers of the Company. The Amended Complaint alleges, based in part on the report from Culper Research, that the defendants made false and misleading statements and omissions about the Companys business, o","filed_date":"2026-02-25","accession":"0001193125-26-068598","full_text":"https://origin.rootz.global/static/filing/0001193125-26-068598.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"strategic_event","strength":68,"match_count":1,"context":"d to enable our service to scale securely, reliably and cost-effectively to tens of thousands of customers and millions of users. Our multi-tenant application architecture maintains the integrity and separation of customer data while still permitting all customers to use the same application functionality simultaneously. Our architecture also enables us to segment access privileges across our user base.  Our C","filed_date":"2023-02-24","accession":"0000950170-23-004243","full_text":"https://origin.rootz.global/static/filing/0000950170-23-004243.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"capex_increase","strength":66,"match_count":2,"context":"se in prepaid expenses of $1.1 million. Net cash used for investing activities  During the year ended December 31, 2024, we used $97.6 million of cash in investing activities, primarily consisting of capital expenditures of $25.7 million (including a $19.8 million investment in data and partnership agreements), website and software development costs of $16.0 million and business and asset acquisitions and other investments of $55.8 m","filed_date":"2025-02-26","accession":"0000950170-25-027338","full_text":"https://origin.rootz.global/static/filing/0000950170-25-027338.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"capex_increase","strength":66,"match_count":2,"context":"er current liabilities of $8.0 million.  Net cash used in investing activities  During the year ended December 31, 2023, we used $54.2 million of cash in investing activities, primarily consisting of capital expenditures of $20.5 million (including a $16.2 million investment in data and partnership agreements), website and software development costs of $15.5 million and business and asset acquisitions and other investments of $18.2 m","filed_date":"2024-02-28","accession":"0000950170-24-021671","full_text":"https://origin.rootz.global/static/filing/0000950170-24-021671.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"capex_increase","strength":66,"match_count":2,"context":"n other current assets of $5.7 million.  Net cash used in investing activities  During the year ended December 31, 2022, we used $48.4 million of cash in investing activities, primarily consisting of capital expenditures of $22.2 million (including a $18.6 million investment in data and partnership agreements), website and software development costs of $17.0 million and business and asset acquisitions of $9.2 million (net of cash acq","filed_date":"2023-02-24","accession":"0000950170-23-004243","full_text":"https://origin.rootz.global/static/filing/0000950170-23-004243.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":64,"match_count":3,"context":"m the normal course of business activities. We are not currently a party to any litigation the outcome of which, we believe, if determined adversely to us, would individually or taken together have a material adverse effect on our business, operating results, cash flows, or financial condition. The outcome of claims, lawsuits and legal proceedings brought against us, however, is subject to significant uncertainties. The","filed_date":"2025-11-05","accession":"0001193125-25-265797","full_text":"https://origin.rootz.global/static/filing/0001193125-25-265797.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":64,"match_count":3,"context":"m the normal course of business activities. We are not currently a party to any litigation the outcome of which, we believe, if determined adversely to us, would individually or taken together have a material adverse effect on our business, operating results, cash flows, or financial condition. The outcome of claims, lawsuits and legal proceedings brought against us, however, is subject to significant uncertainties. The","filed_date":"2025-08-06","accession":"0000950170-25-103545","full_text":"https://origin.rootz.global/static/filing/0000950170-25-103545.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"risk_factor","strength":64,"match_count":3,"context":"m the normal course of business activities. We are not currently a party to any litigation the outcome of which, we believe, if determined adversely to us, would individually or taken together have a material adverse effect on our business, operating results, cash flows, or financial condition. The outcome of claims, lawsuits and legal proceedings brought against us, however, is subject to significant uncertainties. The","filed_date":"2025-05-02","accession":"0000950170-25-062262","full_text":"https://origin.rootz.global/static/filing/0000950170-25-062262.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"ZETA","company":"Zeta Global Holdings Corp.","exchange":"NYSE","sector":"Services-Prepackaged Software","signal_type":"ai_adoption","strength":64,"match_count":8,"context":"ty. Customers pay Zeta a design and development fee and a licensing fee for the CDP+. The terms of our subscription agreements are typically annual or multi-year.  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