Author's Royalty Agreement
This Author's Royalty Agreement is designed for use in situations whereby a publisher has engaged an author to write some form of work (usually literary or dramatic). The Author assigns the entire copyright in the work to the publisher (whilst reserving limited rights including reprographic rights and those pertaining to the public lending of the work). In exchange, the publisher pays to the author an advance and royalties.
The advance is split into three payments: the first on the date of the agreement; the second on the date of acceptance of the work; and the third on the date of first publication.
Royalties are subdivided with different rates payable on defined quantities of hardback copies inside and outside of the UK, discounted copies, special editions, defined quantities of paperback copies inside and outside of the UK, book club sales and e-book sales.
Optional clauses appear throughout the agreement allowing for coverage of additional territories outside of the UK.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
This Author’s Royalty Agreement contains the following clauses:1. Definitions and Interpretation
2. The Work
3. Editing, Corrections and Author’s Credit
5. Advance, Royalties and Payment
6. Specific Royalty Provisions
8. Author’s Warranties
9. Acceptance and Rejection
12. No Waiver
14. Law and Jurisdiction
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