A made man does not get paid to do a hit, but might get some benefits such as say he was kicking up 30% of his take to his capo, it might now be 25% instead, or he gets a piece of some action latter down the road, or gets bumped up, if an associate does the contract, then he might become a made man, but it depends on who the target is. Open Contract means any family or member of a certain family can kill the target, instead of a designated hitter. If there is money involved, then good luck to anyone outside LCN.