rolling contracts. DEFINITIONS1. a contract that continues automatically unless someone decides to end it.

How long can a rolling contract last?

In some cases the contract will roll over on a month by month or yearly basis. On others, the contract will effectively renew for the same duration of the initial term of the contract. In these instances you could risk being tied into unattractive agreements of 3-5 years or longer.

Can you get out of a rolling contract?

Many contracts operate on a rolling yearly term, which is automatically renewed on the anniversary of the term and can usually be terminated without penalty at the anniversary.