By 'protect herself', she means she doesn't want to risk putting time in. She's not willing to risk her time nor her money, but you're expected to risk way more time and effort without protecting yourself?
If she gets to protect herself then you also have a right to protect yourself with an 'out clause'.
If it turns out to be a productive working relationship, the 'out clause' becomes a non issue. Would you date someone without the freedom to walk away anytime you want?
Originally Posted by HairyOtter
Thanks everyone for the replies! We haven't signed anything yet, still waiting for the final paperwork.
Based on the answers I've received we're not planning on signing AT ALL, and are working towards a verbal agreement/handshake agreement.
Some rationale we've heard about why she would want us to sign a contract is because we're new writers and she wants to protect herself. Is this normal? Thanks again everyone - truly appreciated.