Signing your tracks to a label

[sher_shot]

I recently received an email from a record label letting me know they are interested in signing a few of my songs. I guess they got referred to my soundcloud page by someone and really liked what they heard.

They said they would like to put one of them on a compalation, and the other one they would like to use for an ep. My original plus a remix.

I was pretty stoked when finding out the news and agreed. I now have the contracts and after reading them, I seem to be a bit more hesitant.

I was just hoping someone here could shed some insight on the whole process as I have never been through this type of thing before.

[Banksay]

What label is it? What was said in the contract that put you off?