"To void the contract" means to cancel or invalidate the agreement, as if it never existed. It is done in situations where both parties agree or when one party breaches the terms of the contract. Full definition
@gnasher729 a company is a seperate legal entity from its owners - I can't void a contract with your brother - in - law if you divorce his sister. (law.stackexchange.com)
Executive compensation contracts usually have a moral turpitude clause that could void the contract for illegal conduct, but that typically applies only to conduct on the job, he said. (reuters.com)
You can't sell your business and thereby simply void the contract with the union representing your employees. (canadianbusiness.com)