Define: First Year

How is First Year defined in a legal contract?

• First Year means the group of students admitted to the most basic class or year level in a school. Seen in 70 SEC filings.
• First Year means the period starting on a specific commencement date and ending on the end day of the financial year in which this date occurs. Seen in 33 SEC filings.
• First Year means the time range from a specific date in one year, to the end of March the following year. (Note: Dates not included on purpose) Seen in 16 SEC filings.
• First Year means the first twelve-month period that someone serves in a non-employee director role for a company, starting from the commencement date of a plan. Seen in 6 SEC filings.
• First Year means the time period starting from the employment agreement's effective date and ending at the close of business on a specific date in the same year. Seen in 6 SEC filings.
• First Year means the time period starting from the first commercial sale in a country and extending through to the end of the year of the first commercial sale and the entire following year. Seen in 5 SEC filings.
• First Year means the total amount of gross premium payment due and payable on an eligible plan in the first policy year of that plan. Seen in 5 SEC filings.
• First Year means a first-time student of an institution enrolled in any of its undergraduate programs, including pre-dentistry and Intarmed programs, without any previous college degree. Seen in 4 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of first year' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• First Year means the initial twelve-month period of an involved party in an operation or term.

Relevant Contract Types

• Employment Contracts
• Lease Agreement
• Partnership Agreements
• Sales Contracts

Relevant Circumstances

• Hiring of a new employee or executive
• Starting new business partnerships
• Leasing a property or equipment for business purposes
• Selling or buying of products or services

Relevant Sectors

• Human Resources
• Real Estate
• Sales
• Partnerships

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Genie Definition 2

• First Year means the group of beginners in an educational or training program.

Relevant Contract Types

• Education Agreements
• Training Provider Contracts

Relevant Circumstances

• Enrollment and admission of students in an educational institution
• Commencement of a new training program in a corporate setting

Relevant Sectors

• Education
• Corporate Training

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