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In this video, the host encourages viewers to subscribe to their channel for weekly tips on modeling and acting. They introduce the topic of the video, which is the four main types of modeling contracts that models typically sign. The first type discussed is the "Mother Agency" contract. The host explains that a mother agency serves as a model's first agent, guiding them in their career. For example, they mention a mother agency based in Lagos, Nigeria, named Few Models. The host emphasizes the importance of understanding these contracts for aspiring models.