README.md

---
license: mit
language:
- en
---
# SEC Exhibit 10 Material Contracts Dataset (2001-2024)

## Overview

This dataset contains material contracts (Exhibit 10) from SEC filings between 2001 and 2024, representing the largest collection of commercial contracts to date. It includes both original filings and text-converted versions.

If you find this dataset useful, please cite:

Arbel, Yonathan A., The Readability of Contracts: Big Data Analysis, Forthcoming J. Empirical Legal Stud. 21:4 (Dec. 2024)

Methodological information can be found in the paper cited above.

For the latest version of the paper, please visit: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4962098

## Main Dataset Files

### Original Filings
- `SEC_Ex10_2001-2022_Original.zip` (~26 GB)
  - Contains original Exhibit 10 filings from 2001 to 2022
  - Total files: 1,218,226
  - Files per year range from 44,190 (2019) to 79,291 (2005)

### Text-Converted Filings
- `SEC_Ex10_2001-2024_txt.zip` (~20 GB)
  - Contains text-converted Exhibit 10 filings from 2001 to 2024
  - Total files: 1,287,933
  - Files per year range from 19,819 (2024, partial year) to 79,349 (2005)

### Structure Description Files
- `SEC_Ex10_2001-2022_Original_structure.csv` (~76 MB)
- `SEC_Ex10_2001-2024_txt_structure.csv` (~117 MB)

## Files by Year

In the `By_Year/` directory, you can find individual ZIP files for each year, containing text-converted filings:

| Year | File Size | Number of Files |
|------|-----------|-----------------|
| 2001 | 670.14 MB | 55,122 |
| 2002 | 702.10 MB | 54,514 |
| 2003 | 691.42 MB | 53,840 |
| 2004 | 882.64 MB | 65,657 |
| 2005 | 946.89 MB | 79,349 |
| 2006 | 989.13 MB | 77,552 |
| 2007 | 934.00 MB | 74,397 |
| 2008 | 739.49 MB | 66,033 |
| 2009 | 687.44 MB | 58,990 |
| 2010 | 825.65 MB | 59,753 |
| 2011 | 805.61 MB | 56,486 |
| 2012 | 687.53 MB | 49,577 |
| 2013 | 779.81 MB | 52,550 |
| 2014 | 856.19 MB | 55,932 |
| 2015 | 786.78 MB | 51,426 |
| 2016 | 708.20 MB | 45,863 |
| 2017 | 733.05 MB | 44,676 |
| 2018 | 780.16 MB | 46,409 |
| 2019 | 712.74 MB | 44,110 |
| 2020 | 837.36 MB | 51,980 |
| 2021 | 1200.27 MB | 69,933 |
| 2022 | 866.38 MB | 48,918 |
| 2023 | 1018.29 MB | 55,047 |
| 2024 | 420.78 MB | 19,819 |

## Usage Instructions

1. Download the desired ZIP file(s).
2. Extract the contents, maintaining the folder structure.
3. Navigate to the year of interest.
4. Access individual contract files as needed.

## License and Attribution

This dataset is derived from public SEC filings. When using this dataset, please:

1. Cite the original SEC source: U.S. Securities and Exchange Commission (SEC) EDGAR database.
2. Cite this dataset as follows:

   Arbel, Yonathan A., The Readability of Contracts: Big Data Analysis, Forthcoming J. Empirical Legal Stud. 21:4 (Dec. 2024)

3. Comply with SEC's terms of use and any applicable copyright laws.

## Disclaimers

- This dataset is provided for research and informational purposes only.
- While efforts have been made to ensure accuracy, users should verify critical information against original SEC filings.
- Some documents may contain sensitive business information. Use responsibly and ethically.

## Data Processing

The text files have been converted from their original formats for easier analysis. Users should be aware that this conversion process may have introduced minor discrepancies from the original filings.

## Contributing

If you find any issues or have suggestions for improvements, please open an issue or submit a pull request.

## Contact

For questions or further information about this dataset, please contact yaarbel@ua.edu.

## MIT License

Copyright (c) 2024 Yonathan A. Arbel

[Full MIT License text as in the original README]