Contract term is an obligation to pay for a subscription for a certain period of time from the purchase date or the termination date.
Abra does not operate with a contract term, and you can cancel your subscription at any time. If you cancel your subscription, the services in the Abralife app will be available until the paid subscription period expires.
A termination fee will be incurred if you have purchased a starter pack that includes both a subscription and products, and you wish to cancel the subscription before the end of the contract period.
The termination fee is incurred because the repayment of the included products is calculated over the entire contract period (normally 3 years).
See this article for details about termination fee and how they are calculated.