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macrumors Sandy Bridge
Oct 17, 2011
51,392
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From http://www.verizonwireless.com/b2c/support/customer-agreement
If your contract term results from your purchase of an advanced device on or after November 14, 2014, your early termination fee will be $350, which will decline by $10 per month upon completion of months 7–17, $20 per month upon completion of months 18–22, $60 upon completion of month 23 and will be $0 upon completion of your contract term.
 
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