You might already be using the Oneflow Lifecycle feature that allows you to set your contract duration. With the contract duration set, parties can cancel the contract but let it run the course of its current contract period before it ends.
Terminate a contract
Sometimes you may need to terminate the contract immediately, or perhaps the lifecycle is not incorporated in your contract.
You need to be a participant in the contract to terminate it.
In this case:
- Open the contract and click the three dots menu icon in the top-right part of your contract> Mark as terminated.
No notification will be sent to your counterparty. If they have a link to the contract, they will still be able to reach it, but it will be marked as terminated.