Protected Year Contract

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Getting out with mutual understanding. Use a clause of termination. Look for a breach by the other party. The clause of Impossibility of Performance. Determine the repercussions.
When something goes wrong, a written contract protects both parties. If one party to a valid (enforceable) contract believes the other party has broken the contract (the legal term is breached) the party being harmed can bring a lawsuit against the party who it believes has breached the contract.
Date the contract. Make sure both parties sign the agreement. Initial last minute changes to the contract. Make sure the other party has the authority to sign. Make sure the essential terms are present.
Make sure that what you sign matches with what you were promised. If there are differences, refuse to sign until the changes have been made. Don't agree to sign the contract on the promise that the changes will be made after the fact. Only sign once everything is squared away as promised, and you are comfortable.
In business, contracts are important because they outline expectations for both parties, protect both parties if those expectations aren't met and lock in the price that will be paid for services.
Contracts only need (1) a meeting of the minds as to the terms, and (2) exchange of goods and/or services which each party considers to have some non-zero value (called consideration). So, yes, you can write a contract for yourself. You don't need an attorney.
Put simply, a contract is a written or spoken agreement regarding an obligation that has to be enforceable by law. Two entities set out mutual rights, responsibilities, and other rules towards each other, usually regarding employment, tenancy, sales, etc.
A contract is basically an agreement between two parties creating a legal obligation for both of them to perform specific acts. The purpose of the contract is to establish the agreement that the parties have made and to fix their rights and duties in accordance with that agreement.
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