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To terminate a contract, it is crucial to review the contract's termination clause, as this area of law can expose you to risks if mishandled. Typically, termination clauses outline a specific process that must be followed. Common requirements include providing written notice a set number of days in advance—often 30, 60, or 90 days—and sending that notice to a designated key individual specified in the contract. Adhering to these procedures is essential to ensure a proper and legally compliant termination.
