Can I terminate a fixed term commercial contract early? We have a contract with another organisation, which is for a fixed term. However, we would like to terminate the agreement early, even though the other organisation has not breached the contract. It depends, but probably not The exact answer, as always, depends and you will need to take a close look at the contract to see exactly what its terms provide. Consider how clearly the fixed term is defined, and if there are any terms in the agreement that would be incompatible with a fixed term agreement. If so, you may be able to argue that you are entitled to terminate the contract before the fixed term ends. Otherwise, you may need to rely on one of the following grounds to terminate the agreement early: • the other party