I think breeder's contracts have some great benefits depending on your goals. I am seriously considering this for one reason. I want the best of the best of the best, Sir, with honors, Sir (Men In Black). LOL! Every awesome Lab I've seen is one that a breeder has kept for their breeding program or it is a Guiding Eye dog. I want those dogs! The only way I'm going to get one of the best of the best is to get it on a breeding contract. Frankly, I'd want my pick of the litter and let the breeder take the rest. That way if you've really bonded with one pup, you'll be able to keep it. If you want to get into showing, this REALLY is an awesome opportunity. Whatever you agree to, do get all the details down in writing.