Book Publishing Contract
BOOK PUBLISHING CONTRACT
THIS CONTRACT is made this [DAY], [MONTH], [YEAR], by and between [AUTHOR'S NAME] residing at [AUTHOR'S ADDRESS] (Author), and [YOUR NAME], located at [YOUR COMPANY NAME] (Publisher).
1. GRANT OF RIGHTS
The Author hereby grants to the Publisher, its subsidiaries, affiliates, and licensees, exclusive world rights in all languages to manufacture, publish, sell, distribute, and license the work [Title of the Work]. The rights granted include electronic, print, audio, and all other formats, whether currently known or developed in the future. The Author retains all rights not expressly granted to the Publisher herein.
2. TERM AND TERRITORY
This contract is hereby set to remain active and in force until the date of March 20, 2055. However, it is also critical to note that there is potential for it to be terminated earlier if certain conditions are met, as outlined within the provisions contained in this contract. On another note, it's imperative to mention that the territory under the purview of this particular contract embraces a global scope.
3. MANUSCRIPT AND DELIVERY
The individual referred to as the Author is obligated to submit a final version of the manuscript of the work, and it needs to be complete and satisfactory. This manuscript must be delivered to the entity known as the Publisher no later than the specified Delivery Date.
4. COPIES AND ROYALTIES
The Publisher shall pay to the Author a royalty of 40% of the Publisher's net receipts for each sold copy of the work. The net receipts shall be calculated as the total revenue received by the Publisher from the sale of the work minus any applicable taxes, discounts, returns, and distribution costs.
The payments shall be made by the Publisher on a semi-annual basis, specifically on the 15th of April and the 15th of October of each calendar year, beginning from the date of the first sale of the work. If either of these dates falls on a weekend or a public holiday, the payment shall be made on the next business day following the weekend or holiday.
5. COPYRIGHT AND PROPRIETARY RIGHTS
The copyright related to the particular piece of work will, under all circumstances, be retained by the individual who has created it, referred to as the Author. The organization or individual responsible for producing and distributing this work, herein referred to as the Publisher, has agreed to abide by these copyright rules. Furthermore, the Publisher is committed to ensuring that the appropriate copyright notices are conspicuously placed on all incarnations and editions of this work, as required by standard copyright procedure.
6. WARRANTIES AND INDEMNITIES
The Author warrants that they are the sole author of the Work, that they have full power to make this Agreement, and that the Work does not infringe any copyright, violate any property rights, or contain any scandalous or libelous matter.
7. CLAUSE FOR DISPUTE RESOLUTION
Should any disagreements or disputes arise out of, or in connection to this agreement, the agreed-upon resolution path shall be through the process of mediation. Alternatively, such disagreements or disputes may also be settled by a court that has sufficient authority or competence within the jurisdiction where the Author resides.
8. ACCEPTANCE
This Contract shall be deemed accepted and shall be in full force and effect upon the signing of both parties.
This Contract may not be amended except in writing signed by both the Author and the Publisher.
IN WITNESS WHEREOF, the Author and the Publisher have executed this Contract as of the date first above written.
[YOUR NAME]
[YOUR COMPANY NAME]
[DATE SIGNED]
[AUTHOR'S NAME]
[DATE SIGNED]
