Golden Books has based children's books on Disney characters and films since 1932, and in 1997 paid $47.5 million for a five-year renewal of its license.

After the initial five-year period, a second and final five-year renewal could be granted.

As discussed earlier, enterprise zones were allowed an initial lifecycle of ten years and two possible five-year renewals.

After the 1995 renewal, a second five-year renewal of the agency could take place in 2000 and provide for an agency lifecycle until 2005.

Virutally every five-year renewal has gone to the last minute of bargaining, with tough talk by both sides.

The provisions are part of the $9 billion, five-year renewal of the toxic waste cleanup law passed by Congress last year.

But a five-year renewal is in order, particularly considering the returns reaped for a $90 million annual federal investment.

Two mines are being developed to export 8 million tonnes per year to Japan on a 15-year contract with a five-year renewal.

In late December, 2004 the two companies announced a five-year renewal of this arrangement to cover Windows Vista.

A fight to renew its charter was won in 2011with a 2-year renewal granted and the school's website reported a five-year renewal in 2012.