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In today's episode of modeling tips, the video tutorial explains the four different types of contracts that can exist between a model and a modeling agency. The first and most common type is an exclusive contract, which is briefly mentioned along with a previous overview of different terms of agreement that a model can have with an agency. The video encourages viewers to subscribe for more content on modeling and beauty pageants, promising videos every week and an opportunity to ask questions in the comment section. If you're new to the field of modeling, this video provides valuable information on contracts between models and agencies.