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To terminate a contract, it's essential first to review the contract itself, focusing on the termination clause, which typically outlines the necessary procedures. Key steps usually include providing written notice within a specified time period, often ranging from 30 to 90 days. Additionally, the notice must be sent to a designated individual mentioned in the contract. Understanding these details is crucial, as any missteps in the termination process can lead to significant legal exposure. Always adhere to the specified requirements to avoid complications during contract termination.