At the conclusion of the interviewing process, most practices will provide a letter of intent and/or a contract. The letter of intent should summarize the proposed salary and terms of your future contract; however, signing the letter of intent is not legally binding. The full contract and common components of most OB/GYN contracts will be detailed in this chapter. Be prepared to have your contract reviewed by an acquaintance or a hired professional. Even if this is your first contract, there are several areas available for negotiation, so do not hesitate to ask. There are also some “red flags” that should be considered when reviewing the contract and during the negotiation process.