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This chapter presents crucial insights into defining contract termination processes and creating effective vendor offboarding procedures. It elaborates on various aspects of vendor contract termination, including termination scenarios, notice periods, termination fees, intellectual property rights, data management, and transition assistance. Additionally, the chapter explores offboarding procedures, focusing on knowledge transfer, data retrieval, service discontinuation, transition assistance, final deliverables, payments, and post-offboarding evaluations. Understanding these processes can protect an organization’s interests, minimize disruptions, and ensure smooth transitions during contract termination.