Noory just announced that he has agreed to be c2cam host for at least 5 more years!
He's made these 5-year announcements numerous times in the past 5 years.
What it sounds like to me is that he has a 5-year contract that renews every one year, maybe two (if I've lost track of time).
It's only a guess, but if I'm right, he really only has a one or two year deal running at any one time. When they renew, they are likely resetting the option for another one or two year window.
I'm too lazy to research this, but I swear he has announced a contract renewal much more recently than 5 years ago. If his employer doesn't renew within that shorter option period, then he gets the full 5 years. That's why they keep renewing him.
I've only seen this once; an older figurehead type guy whose best days were behind him.