Alright character made. Went with a summoner instead. even created a few magic rules for summoning which can be used by others too.

Let me know if it is okay or not.

Also i stated that my character is a wizard specializing in summoning. it doesn't mean others can't bind or summon creatures, spirits, or objects. In fact i think it would be cool if everyone could. I just see it as a specialist i can do it faster, more efficiently, and even bind with strong willed creatures that don't wish to be contracted. I see binding contracts as being one exerting their will over another, and with magic it creates a companion/slave (depending the personality of the summoner).