Go through Master settings -> Contract Settings, then you will know the all the details about Contract Settings.
We discuss here remaining fields that exists in Contract settings,
Company name on Contract : Name of your company which is displayed on your contract page.
Company address : Address of your company
Authorized person : Your company Authorized person name.
Authorized person Designation : Designation of your Authorized person.
Authorized person signature : Authorized person signature.
Contract Logo : Invoice logo which is displayed on contract page.
Show Sale Agent name on Contract or not: Customer bought the product from Sale Agent.
Predefined Client & Admin notes, Terms & Conditions: These will show at the contract creation page default.