Hedge Fund Contract- what to expect?

I am in talks with a fund and we have yet to talk contracts.

So far they may employ me directly or sub-contract/outsource as I have my own technology.

It will just be a seed funding account in the first instance, but it will be enough.

What should I expect in the contract from a medium/small hedge fund player?

Monthly retainer + profit split?

Thanks

T
 
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