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To terminate a contract, it’s crucial to examine the termination clause within the contract itself. This clause typically outlines a specific process that must be followed, including the requirement to provide written notice. The notice usually needs to be given within a designated time period, commonly 30, 60, or 90 days. Additionally, the notice often must be sent to a specified key person mentioned in the contract. It’s important to adhere to these stipulations carefully, as failing to do so may expose you to significant legal risks. Always review the contract thoroughly to ensure compliance with all requirements for termination.