The contract bears very little relationship to the discussions you've had with them. The few things that are specified are specified incorrectly, and there are many things that ought to be specified which are not mentioned at all.
Your default assumption is...
They're trying to screw you
The number of iterations before there's a contract you can sign might typically be...
Seven or more
I've known events where the contract is still not ready by the time the event arrives
We're about fourteen months out at this stage.