There is no such thing as "exiting the contract." If ND exits the ACC conference, the contract remains in effect for the duration of the terms therein. You are babbling pseudo-legal gibberish.
Contracts are broken all the time. You are a fool. there will be negotiations to exit if comes to that and ND would pay a fee to end the contract and leave the ACC. Are you that dense.
That's what happened with Maryland when they left the ACC in 2012, it happened with Texas and Oklahoma to be released contractually from the Big12, and it happened with the PAC12 teams that left for the Big10 to be released contractually from the PAC12
They all paid exit fees to be released from their contracts with the conference.
I can't help it if you are too stupid to understand contracts can be ripped up and voided if both parties come to an agreement to end said contract or settle in court if it goes there.
Read below: Contracts were ripped up early in the case of Texas and Oklahoma.
"The University of Texas was contractually obligated to remain in the Big 12 until the end of the 2024-25 school year:
Contractual obligations
Texas and Oklahoma were founding members of the Big 12 and were contractually bound to remain in the league until the end of the 2024-25 school year.
Early withdrawal
However, Texas and Oklahoma agreed to an early withdrawal from the Big 12 in exchange for paying $100 million in compensation:
The compensation was for foregone distributable revenues.
The money was distributed to the Big 12's eight legacy members.
The compensation was intended to offset a $5–$8 million reduction in revenue distribution for the 2024 season."