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To terminate a contract, it's essential to carefully review the contract's termination clause. This clause typically outlines the necessary steps, including providing written notice within a specified timeframe (commonly 30, 60, or 90 days). Moreover, the notice should be sent to a designated individual mentioned in the contract. It's crucial to adhere to these specifics, as improper termination can expose you to legal risks. Always ensure you follow the correct procedures to avoid complications.