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To terminate a contract, it’s essential to carefully examine the termination clause within the contract itself. These clauses typically outline the necessary steps to follow, which often include providing written notice, observing a specified notice period (commonly ranging from 30 to 90 days), and sending the notice to a designated individual mentioned in the contract. Failing to adhere to these requirements can expose you to legal risks, so it’s crucial to ensure compliance with the outlined processes to avoid complications when terminating a contract.