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At x27, they are constantly hiring contractors, making offers to one or two every month. They just hired a new sales team member and in this video, they share their offer letter and contract template. Viewers can access the template in the video description and use it for their own offers. The template starts with addressing the contractor, extending the contract for the position of Business Development Associate. The offer includes a summary of terms and conditions, which is typically given after the interview process. The initial contract covers the first month as a trial period at a lower rate to assess if they are a good fit before offering a full contract. The offer letter includes details about the contractor's title, position, and exclusivity.