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To terminate a contract, it's crucial to review the termination clause outlined in the contract. This clause typically specifies a process that must be followed to avoid legal pitfalls. Generally, you will need to provide written notice within a certain timeframe, often ranging from 30 to 90 days. Additionally, the notice must be sent to a designated key person mentioned in the contract. Failing to adhere to these requirements could expose you to legal risks, highlighting the importance of carefully following the prescribed steps for termination.
