The paper examines the software contracting process and its interaction with other business processes and especially with software processes in an Internet business environment. We start by studying the software company as clusters of different processes. The company processes are divided in management processes, business processes, and work processes. The software contracting process is part of the business processes. We study the influence of the contracting process over the software process and value building from the point of view of the business processes. As we introduce two generic contracting models we also try to answer to the questions: Why do the companies make contracts and what makes the contract process so interesting and worth to study especially in the new (mobile) Internet environment. Lastly, we outline a new tentative contract process model based on our case material from an Internet software company and its contracting process.