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Sample Anthology Contract - Author
This agreement between XXX ("author") and WolfSinger Publications is for licensing of one-time anthology rights covering the Work known as XXX. The author warrants they have legal authority to grant the rights explained below.
WolfSinger Publications intends to publish the work in XXX. Publication is contingent upon final edit of the work being acceptable to both the author and editor. If the work has not been published by XXX then all contracted rights to the Work automatically revert to the author.
The author will receive a $15.00 advance payment for the right to use the Work in all English language print and e-book editions of the Anthology. The listed amount is an advance against a share of fifty percent of royalties from sales of XXX received by WolfSinger Publications from all editions of the Anthology. The fifty percent share allocated to contributors shall be distributed in proportion to the number of stories in the Anthology. If the work does not make it through the editorial process and the advance has been paid – the author will NOT be required to return the advance.
Royalties will be earned based on the following:
For print books – royalties will be equal to 10% of the cover price.
For electronic books – royalties will be equal to 40% of the cover price.
For audio books – royalties will be equal to 5% of the cover price.
XXX will begin to earn royalties after the title has earned back production costs (defined as advances paid / contracted work paid for: cover art / editing / typesetting – these items will be itemized on the royalty statement. All money received from sales of the work will be credited toward earn-out.
All rights not specifically mentioned in this contract are reserved to the author.
This contract shall remain in effect for 5 years from the royalty period of first publication of the Anthology. Books are taken out of print at the end of the royalty period in which the contract is set. (Books published in Jan-June will be taken out of print in June of the expiration year. Books published in July-Dec will be taken out of print in Dec of the expiration year.)
At the expiration of this contract WolfSinger Publication shall have the option to conclude an agreement with the Author for continued publications 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 contract, all contracted rights to the Work automatically revert to the Author.
Payments to authors will be made twice a year based on earnings received 1 January - 30 June and 1 July - 31 December. Statements and payments will be issued within ninety (90) days of the close of the statement period. As all payments are made through PayPal - payments will be made to authors once individual amounts exceed $5.00.
Author copies: Each contributor will receive one complimentary electronic copy of the Anthology as well as the ability to purchase print copies at a 50% discount off the cover price. Copies purchased at the author discount do not count toward royalty earnings.