If your service is within a contract period, an early termination fee will be applicable upon service cancellation. These fees are tyically the remaining value of the contract. For example:
- Monthly Service Value: $1,000
- Contract Term: 12 Months
- Total Contact Value: $12,000
- Cancellation Notice Given At: Month 7
- Early Termination Fee: 5 months ($1000 x 5) = $5,000