termination clause
Contract ending stipulation
A termination clause is a provision in a contract specifying how and when the agreement can be ended.
It typically outlines conditions for ending the relationship—notice periods, grounds for termination, penalties for early exit, and obligations that survive after the contract ends.
The termination clause required sixty days' written notice.
- contract lawRules governing binding agreements
- notice periodRequired warning before leaving
- breach of contractFailure to perform agreed duties
- financial penaltiesMonetary sanctions for violations
- agreement termsNegotiated contract conditions
legal jargon · cure period · severability · repudiation · mutual consent · insolvency · non-performance · fixed-term lease · enforceability · security deposit · renewal terms · obligations · cancellation · exit strategy · walk away · get out · breakup · kill fee