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To terminate a contract, it's essential to refer to the specific termination clause outlined in the contract. Each clause typically details a process that must be followed. This often includes providing written notice to the other party, adhering to a stipulated notice period—commonly 30, 60, or 90 days—and ensuring the notice is sent to a designated person identified in the contract. Understanding and following these steps is crucial, as improper termination can lead to significant legal exposure. Always review the contract carefully to ensure compliance with its terms before proceeding with termination.