30 CFR §583.335

1. (a)An agreement will terminate upon one of the following, whichever occurs first:
   1. (1)The agreement expires by its own terms, unless the term is extended prior to expiration under § 583.345;
   2. (2)The project is terminated, as set forth in § 583.350; or
   3. (3)A party to the agreement notifies BOEM, in writing, that sufficient OCS sand, gravel, and/or shell resources, up to the amount authorized in the agreement, have been obtained to complete the project.
2. (b)Absent extraordinary circumstances, no agreement will be for a term longer than five years from its effective date.