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You have ten days paid for your vacation during the year. You also have statutory holidays.
You are giving up your rights to own any intellectual property no matter where or when you create it during the term of your contract. They are saying it includes anything you create in your own time in your own home.
The contract is for one year only. They say they will tell you if they want to renew it, or make you a permanent employee or decide you will leave when it ends. They do not have to give you any notice either way.
I have to go to bed but will answer back any follow-up questions in the morning.