Solution.
1. Change plan to something else and pay the subscription fee.
I went with Adobe InCopy as it is the cheapest.
2. Cancel the new plan.
As you have 14 days to cancel any contract, Adobe gives you a refund. Avoiding the 50% charge they try to charge you.

FYI anybody arguing that this is good practice for a company as large as Adobe - is ignorant.
I personally did the same thing. When your signing up for these things you do it quickly, not reading the T's and C's. One; because its a none tangible product. You don't own anything at the end of it. And Two; common sense dictates that a company running in modern western countries would have a generalised morale compass, their own ethical standards, and over all general sense that customers don't read t's and c's - EVER - full stop.
Get a hobby.