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In this video tutorial, viewers learn how to write a contract termination letter, which is a formal notice sent from one business to another to end a contract. The tutorial outlines a step-by-step process for crafting the letter. First, include personal information as a header or on the left side, consisting of your full name, home address (number, street name, city, state, ZIP code), phone number (with area code), and email address. Additional contact details are optional. Following this, the tutorial emphasizes the importance of including information about the recipient and other necessary components of the termination letter.