Core TSIs : Contracts : Working with Contracts : Using contract options
Using contract options
Contract options allow you to manage changes to a contract throughout its lifecycle. By applying contract options, you can:
Renew a contract
Shorten a contract
Terminate a contract
In addition to the above-mentioned contract options, Planon also supports general contract options. You can use these to add your own contract options.
You can view and maintain the history of contract options at the Life cycle contract lines > History of contract options selection step. For more information, see Maintaining a contract’s history.
* 
You can also terminate a contract by setting its status to Terminated. For more information, see Terminating a contract.