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To terminate a contract, it’s crucial to closely examine the contract's termination clause, as it outlines the necessary procedures. Typically, you must provide written notice within a specified time frame, often 30, 60, or 90 days. Additionally, the notice must be sent to a key individual designated in the contract. It's important to follow these steps carefully, as improper termination can expose you to legal risks. Overall, understanding these requirements is essential for a smooth contract termination process.