Books Unbound Author's Contract
AGREEMENT made this ____day of _____, 20__ between
________________________________, whose residence address is
___________________________________________________________________(hereinafter
called the Author); and Books Unbound E-Publishing Co. (hereinafter called the
Publisher), whose principal place of business is at
www.booksunbound.com
WITNESSETH: In consideration of the mutual covenants herein contained, the
parties agree as follows:
1. GRANT The Author grants to the Publisher for a period of one (1) year from
the date of first publication the sole and exclusive right to publish and sell
an electronic edition of the manuscript entitled _____________________
(hereafter called the Work) from its website. Upon the expiration of this
agreement one (1) year from the date of original publication, the Publisher
shall have first option to conclude an agreement with the Author for continued
publication rights to the Work on terms to be mutually agreed upon. Should no
such agreement be concluded within sixty (60) days of the expiration of this
agreement, all rights to the Work shall automatically revert to the Author.
2. REPRESENTATIONS AND WARRANTIES The Author warrants and represents that this
Work is original with him and has not heretofore been published in electronic
form, or has been published in electronic form and that electronic rights to
the Work have reverted to the Author, that he is sole author and proprietor of
said Work with full power and right to enter into this agreement and to grant
the rights hereby conveyed to the Publisher; that said Work contains no matter
which is libelous and infringes no right of privacy or copyright; that he has
not heretofore and will not hereafter during the term of this agreement enter
into any agreement or understanding which would conflict with the rights herein
granted the Publisher. If the Author shall breach this warranty, the Publisher
shall be entitled to injunctive relief in addition to all other remedies which
may be available to it. The Author further agrees that he will hold the
publisher, its distributors, and any retailer harmless against any recovery or
penalty finally sustained arising out of his breach of this warranty, and in
this event he will reimburse the Publisher for all court costs and legal fees
incurred. Any out of court settlement of any suit filed jointly against the
Author and the Publisher shall be made only by mutual agreement in writing
between same.
3. ROYALTIES The Publisher will pay the Author royalties based upon net sales
as reported by the Publisher's distributors as shown in the table at the end of
this contract. All payments under this contract will be made in United States
dollars.
4. SUBSIDIARY RIGHTS The Author and/or his agent shall retain in full the
exclusive right to sell or license the Work for publication in whole or in
part, in English or in any foreign language, in any way, shape, edition, or
form not in conflict with the rights granted to the Publisher under this
agreement, and shall further retain the full and exclusive rights to license
the Work for use in other media. Upon mutual agreement between the Publisher
and the Author, the Publisher may act as the Author's agent in any subsidiary
rights matter, in which event the Publisher shall receive ten percent (10%) of
the amount paid and the Author shall receive ninety percent (90%). However, the
legal rights to make agreements for subsidiary rights, licensing or sale shall
remain with the Author.
5. STATEMENTS AND PAYMENTS The Publisher shall forward to the Author or his
agent royalty statements to be computed as of each calendar quarter of each
year of this agreement within thirty (30) days following such respective dates
along with any payments indicated to be due thereby. The Author shall have the
rights to examine or cause his duly appointed representatives to examine the
accounts of the Publisher at any time after written demand by the Author. In
the event discrepancies between royalty statements and the Publisher's accounts
shall total more than twenty dollars ($20.00) in the Author's favor under this
and any other agreement between the Author and the Publisher, the Publisher
shall tender such monies due to the Author within ten (10) days, along with
reimbursement in full for any duly verified expenses incurred by the Author as
a result of the auditing procedure. Should such discrepancies total less than
twenty dollars ($20.00), in favor of the Author, the Publisher shall tender
such money due to the Author within ten (10) days, but shall not be liable for
reimbursement of the Author's expenses.
6. MANUSCRIPT AND DELIVERY The Author agrees to deliver to the Publisher, by
electronic mail, on or before _________ and in final revised form an
English-language manuscript of approximately _________words. If, in the opinion
of the Publisher, the manuscript is unacceptable or unsatisfactory to the
Publisher, the Publisher may reject it by written notice within thirty (30)
days of delivery, in which case this agreement shall be deemed terminated and
there shall be no further obligation upon the Publisher to publish said work or
to make any further payment hereunder, and all rights granted to the Publisher
under this agreement shall revert to the Author.
7. EDITING RIGHTS No changes, additions, deletions, abridgements, or
condensations of substance in the text of the Work or changes of title shall be
made by the Publisher, its agents, contractors, or employees, without the
consent of the Author. The Publisher retains the right to make changes for
obvious spelling and punctuation errors and to format the work according to its
requirements. The Author agrees to cooperate in the editing process in a
reasonable manner. If the Publisher insists on edits which the Author feels
will be to the detriment of the book, and all attempts at negotiation fail, the
Author retains the right to withdraw the book and terminate this contract, with
thirty (30) days written notice delivered to the Publisher. Prior to publishing
all electronic versions of the book, final copy-edited version of manuscript
shall be submitted to the Author.
8. GALLEYS AND PROOFS Prior to publication the Publisher upon advance
notification shall provide the Author with galley proofs of the Work, which the
Author shall correct and return to the Publisher within twenty (20) days of
receiving same. Prior to the electronic release of the Work, the Publisher, or
an Artist working under contract to the Publisher, shall submit to the Author a
proof or other facsimile of the cover text and design for his approval, which
shall not be unreasonably withheld. The Author understands and agrees that any
cover or other art supplied by the Publisher or any Artist or Agent of the
Publisher, belongs to the Publisher, Artist or Agent and may not be used in any
way by the Author without purchase or express written consent from the owner of
the rights to such work.
9. COPYRIGHT The Author is hereby mandated to secure copyright to the Work in
the same name of the Author, and to fulfill all other obligations necessary to
protect copyright to the Work under United States law and the International
Copyright Convention.
10. PUBLICATION The Publisher agrees to publish and commence distribution of
said Work within three (3) months of final galley approval and acceptance of
the Author's final manuscript after completion of the editing process. In the
event the Publisher shall fail to publish and distribute the Work by said date,
this agreement shall terminate forthwith, and all rights hereunder shall revert
to the Author. The Author shall retain any payments made to him under this
agreement, without forfeiting his rights to seek further damages from the
Publisher. However, this mandated publication date may be extended to any other
date, and any number of such extensions may be made, upon mutual agreement
between the Publisher and the Author.
11. AUTHOR'S COPIES On publication the Publisher shall give to the Author ten
(10) copies of the published Work, which may not be resold. The author may
request that the Publisher supply further copies for promotional purposes at no
charge to the author. Any further copies desired by the Author may be purchased
at the base cost of the book, less the Author's royalty portion.
12. INFRINGEMENT If during the existence of this agreement the copyright shall
be infringed, the Publisher may, at its own expense, take such legal action, in
the Author's name if necessary, as may be required to restrain such
infringement or to seek damages therefor. The Publisher shall not be liable to
the Author for the Publisher's failure to take such legal steps. If the
Publisher does not bring such an action, the Author may do so, in his name at
his own expense. Money damages recovered for an infringement shall be applied
first toward the repayment of the expense of bringing and maintaining the
action, and thereafter the balance shall belong to the Author, provided,
however, that any money damages recovered on account of a loss of the
Publisher's profits shall be divided equally between the Author and the
Publisher.
13. TRANSMISSION OF INFORMATION The Publisher and The Author agree to use care
in the transmission of electronic information. Neither The Publisher nor The
Author will hold the other responsible for any virus or other harmful agent
accidentally transmitted.
14. BANKRUPTCY AND INSOLVENCY If a petition in bankruptcy shall be filed by or
against the Publisher, or if it shall be judged insolvent by any court, or if a
Trustee or a Receiver of any property of the Publisher shall be appointed in
any suit or proceeding by or against the Publisher, or if the Publisher shall
make an assignment for the benefit of creditors or shall take the benefit of
any bankruptcy or insolvency Act, or if the Publisher shall liquidate its
business for any cause whatsoever, this agreement shall terminate automatically
without notice, and such termination shall be effective as of date of the
filing of such petition, adjudication, appointment, assignment or declaration
or commencement of reorganization or liquidation proceedings, and all rights
granted hereunder shall thereupon revert to the Author.
14. INHERITANCE This agreement shall be binding upon and inure to the benefit
of the heirs, executors, administrators and assigns of the Author, and upon and
to the successors and assigns of the Publisher.
15. ROYALTIES All payments made under this contract will be made in United
States dollars. The Publisher will pay the Author per copy of every book sold
and for which The Publisher receives full payment according to the following
schedule, where Base Price is determined primarily by word count:
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Base price for download format
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Author payment
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$4.95
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$1.60
|
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$5.95
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$2.00
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$6.95
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$2.40
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On all other copies sold at special rates, through book clubs, or as
remainders, through the Publisher's website, where the Publisher has discounted
the price more than $0.25, the Author will receive a proportionate percentage
of the discounted per copy amount received by the Publisher, compared to the
per copy amount received by the Publisher under the minimum royalty rate for
regular sales. For example, if the Publisher discounts the price 20%, the
Author's payment will be 20% less.
On all other copies sold through off-site retailers, the Author will receive a payment proportionate to the net sale amount received by the Publisher from the retailer, compared to the per copy amount charged by the Publisher for onsite sales.
The Publisher may distribute copies of The Book for promotional or review
purposes at no charge, and is not required to pay The Author for these copies.
The Author may inspect The Publisher's business records, as they relate to
sales of The Book, at any time with reasonable notice.
The Publisher will not make any payment if less than Twenty dollars ($20) is
owed at the end of a quarter ending December, March or June. Any money owed
will be carried over to the next quarter. The Publisher will make payments
after the quarter ending September regardless of the amount owed.
X______________________________
AUTHOR
X______________________________
PUBLISHER
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