Termination clauses are provisions in a contract that outline the conditions under which the agreement can be terminated. Common types of termination clauses include:
Notice Period Clauses: Require a party to provide advance notice before terminating the contract. Breach Clauses: Allow termination if one party fails to meet its obligations. Force Majeure Clauses: Permit termination due to unforeseen events beyond the control of either party, such as natural disasters.