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To terminate a contract, it's crucial to review the termination clause within the contract itself. This clause typically outlines a specific process that must be followed. Most commonly, you’ll need to provide written notice, adhering to a designated time frame, which can range from 30 to 90 days. Additionally, the notice often must be sent to a specified key person mentioned in the contract. Careful attention to these details is essential, as improper termination can leave you vulnerable to legal repercussions. Always ensure you follow the outlined procedure precisely to minimize risks.