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The contract template comes with predetermined fields, but you can customize them using the template builder to suit your company's needs. You can edit values in lists like radio buttons, checkboxes, and drop-down lists. In the template builder, you can easily add items to drop-down lists by clicking the "add items" link. For example, if you want to add more years to the contract term, you can simply click the "Add" button to include new options like four or five years.