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To terminate a contract, it’s crucial to review the contract’s termination clause, as this area of law can be risky if mishandled. Typically, termination clauses outline a specific process, including providing written notice within a designated timeframe (often 30, 60, or 90 days) and sending this notice to a key individual specified in the contract. Understanding and following these requirements is essential to ensure a legal and proper termination of the agreement.