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Welcome to the channel! If you want to be a model or actor, consider subscribing for weekly videos with tips. In this video, learn about the four main types of modeling contracts - starting with the mother agency contract, which is your first agent. Next, there's the agency contract, where you sign with multiple agencies. Then, the non-exclusive contract allows you to work with multiple agencies. Lastly, the freelance contract gives you flexibility to work independently. Stick around to learn more about each type of contract.