The phrase "an option to terminate" is correct and usable in written English.
It can be used in contexts where one party has the choice to end a contract, agreement, or relationship.
Example: "The contract includes an option to terminate if either party fails to meet their obligations."
Alternatives: "a choice to end" or "a right to cancel".
(Bryant has an option to terminate his contract this summer).
Each side has an option to terminate the deal after six years.
Celtic say they took an option to terminate the former Birmingham City and Wigan Athletic midfielder's contract this month.
The public transport group is exercising an option to terminate the franchise in March 2013 and avoid £826.6m in payments to the government due by 2016.
Deutsche Bank, which had owned a significant minority interest in Aldus, said on Thursday that it had exercised an option to terminate its stake.
Finmeccanica's contract ran from 1 October 2011 to 2013 with an option to terminate the contract at the end of the first year.
Depending on whether you are the dominant estate holder or the servient estate holder, you will have the option to terminate an easement by either abandonment or prescription.
The law provides grants to states that offer women who conceive a child through rape the option to terminate the rapist's parental rights if there is "clear and convincing evidence" of the crime.
Some believed that the option to terminate a pregnancy should not be abused and treated as a routine contraceptive method.
[ 22] Abortion is now more acceptable [ 23] and screening for Down's syndrome is routine, especially in older women, [ 24] and so the option to terminate a birth if the child is diagnosed with Down's syndrome is now a possibility.
In an unauthorized transfer, the city would have the option to terminate the agreement by adopting an ordinance.
