Little background: About 3 years ago my wife got us into BDSM under false pretenses. She said it was to bring us closer, but really she just wanted to fuck other people and have me be alright with it (3somes, orgies, etc). I wasn't really falling for it and was not ok with it, so she runs off and does it anyway. Been separated for almost a year, just waiting for the divorce to be finalized. But, I learned a lot about the BDSM lifestyle and it really interested me. The structure, the rules, and the contracts.

So, now I have this girl who seems to be really interested in me first. After a while I ease into telling her about the trips I take, the play parties and such. She's still interested. I tell her all about it and if any of you are into this stuff, no, I am not one of those assholes who will more or less take advantage of someone interested in it. After much discussion and her doing some research she becomes more and more interested in it all. She wants a full on BDSM relationship and I say sure, but...

I tell her it will not be like what I had with my ex-wife. I say it will be structured with rules and a contract. At first I thought she would say no to that, but she thinks about it for about 5 minutes and asks if it will be negotiated. I said yes, it will be.

Basically this contract will cover all aspects of the relationship, where I have nearly complete control over everything. Including time together, checking in, who she's around, sexual acts, BDSM activities, dates, gifts, behaviors, responsibilities ... everything. And any breach of contract means that either I punish her or I buy her a gift, depending on who broke it, or perhaps the relationship ends.

So, tell me. What are your thoughts on having a contracted relationship? Do you have any ideas that I could include? Or just AMA.