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In this tutorial, we learn how to write a contract termination letter, which is a formal notice to end a contract between firms. The video outlines the process step by step, starting with including personal information at the top of the letter. This should include your full name, home address (number, street name, city, state, and zip code), phone number (with area code), and email address. Additional contact information is optional. Following this, the tutorial will guide you on providing information about the contract being terminated and other essential elements to include in the letter.