This document discusses common issues that should be addressed in contracts, including determining whether an agreement is actually a legally binding contract, specifying authorized signatories, defining the scope and duration of the agreement, terms for termination, intellectual property rights, confidentiality, subcontracting, and jurisdiction. Key items are checking that both parties have the legal ability to contract, defining services, outcomes are not guaranteed, termination details, who owns arising intellectual property, confidentiality end dates and nature, restrictions on subcontracting, and considering jurisdiction and international arbitration.