The End of Contract (EOC) marks the termination of a binding agreement between two or more parties. This signifies the point at which all outstanding obligations, liabilities, and rights cease to exist and all obligations are fulfilled. The EOC usually occurs when one party fails to abide by the terms of the contract, or when both parties mutually agree to end the agreement. It is important for businesses to have clarity around their contractual obligations and an understanding of the implications associated with ending a contract. With the help of experienced legal counsel, all parties involved can ensure that the EOC process is completed properly and in accordance with applicable laws.