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ATLANTIC BRIDGE
PUBLISHING AUTHOR'S CONTRACT
This contract is entered into on the__________
of ________, _______, between Atlantic Bridge Publishing (hereinafter
known as "Publisher") located at 6280 N. Crittenden Ave.,
Indianapolis, Indiana 46226 and____________________(hereinafter
known as "Author")of _______________________________ concerning
a work presently known as ___________________________ (hereinafter
known as "Work").
The Contract is considered legal and
binding in all countries. If there should be any legal dispute,
the laws of the state of Indiana shall apply.
I. The Author hereby represents and
warrants to the Publisher that:
A. The Work is free and clear of any
counts of libel, plagiarism, breach of privacy or misrepresentation
of facts.
B. The Work does not infringe upon
any copyright or proprietary right, common law or statutory law,
and does not contain any material of libelous nature.
C. The Work is not in the public domain
and the Author is the sole owner and copyright holder of the work
with full power to enter into this contract.
D. If the Work has been previously
published in whole or part, the Author currently holds all copyrights
to the Work and is legally permitted to enter this agreement.
E. The Author releases Publisher from
any responsibilities relating to any legal actions incurred by the
contents of the Work or the Author.
This representations contained herein
are true on the date of the signing of this contract.
F. The Publisher will obtain appropriate
ISBNs for the Work under the name of Atlantic Bridge Publishing.
II. Grantor of Rights:
A. The Author, on behalf of himself/herself
and his/her heirs, executors, administrators, successors and assignees,
agrees to grant the Publisher exclusive rights to produce, publish
and sell in electronic format (including email, download, disk,
CD, or any other digital format known or to be invented),the Work.
This contract does not infringe on print rights. (Optional clause
can be inserted here if author desires POD (Print on Demand) as
an option)
III Term of Contract:
A. Electronic rights will be exclusive
for one year commencing on the date the Work becomes available for
sale on the Publisher's site. After such time, the contract can
continue if both parties agree.
Contract may be terminated after one
year by either the author or the publisher with a 90-day written,
certified mail notice or other receipted delivery service, and all
rights granted the publisher will revert to author at the time of
such termination.
Upon breach of contract, the Contract
may be terminated by either party with a 30-day written notice.
Notification of breach and intention to terminate the contract is
to be delivered by certified mail or other receipted delivery service.
If breaching party corrects breach within 30 days, the contract
shall continue to remain in place until its natural expiration.
Upon expiration of the contract term, all rights granted the Publisher
will revert back to author.
B. During the term of the contract,
the Work will not be said to be out of print.
IV. Manuscript Preparation:
A. Author shall provide an acceptable,
final revision of the manuscript in either Microsoft Word or RTF
within the time agreed upon or this contract will be void. Publisher
will not be held liable for lost manuscripts or defective disks.
Author should always keep a back up copy.
V. Royalties and Statements
A. Publisher and Author will mutually
set the retail price of the Work based on length and comparable
works. Publisher agrees to pay to the Author, a royalty of 45% of
the retail download price in United States dollars (USD) on all
sales of the Work sold through the Publisher's website. If the Work
is purchase on disk or CD, the royalty will also be 45%. If the
POD option is taken, royalty is 30% of net proceeds.
B. The Publisher has the right to
contract with distributors, bookstores, vendors, organizations and
or outlets of electronic books to sell the Work in association with
the Publisher's name. For all sales through these outlets, the Author
will be compensated 45% of the download price less any handling
costs or discounts charged by the outlet.
C. In order to stimulate sales, the
Publisher reserves the right to lower the price of the Work after
a reasonable amount of time if the price appears to be too high
(no sooner than three months).
D. Royalties shall be calculated and
paid no later than forty-five (45) days following the end of each
calendar quarter for sales during that quarter. Royalties shall
be paid by check, unless previous arrangements are made with the
author. Payment arrangements, mutually agreed upon by the Publisher
and the Author, shall be made for payment of royalties to Author
if he/she resides outside the USA. Royalties equaling less than
$20 will be held until such a time as they accrue to $20 or above.
Any withheld royalties shall be made immediately upon contract termination.
E. No royalty shall be paid on paper
or digital copies distributed for review, advertising, publicity,
promotional purpose, samples, or other similar purposes, or on copies
sold below or at cost.
E. If Author has elected to grant
Publisher the right to contract with various distributors and outlets,
royalties will be paid to Author contingent on payment received
from distributor. In most cases, distributors pay Publishers every
sixty to ninety days for sales through their channels during those
timeframes.
F. The Author is responsible for paying
his/her own taxes on all royalty payments received from Publisher
and is advised to keep accurate records for tax purposes. A 1099misc
form will be sent to the author if necessary.
VI. Marketing and Promotion
A. The Author shall provide the Publisher
with biographical information, a photo (if author desires), and
a suggested blurb for use on Publisher's website. Author agrees
to give Publisher the right to use the Author's name, likeness,
title of work and biographical material for publishing, advertising
and promoting the Work. Publisher reserves the right to edit or
rewrite the blurb submitted by Author.
B. Cover art will be provided by Publisher.
If the Author has his/her own cover art, the Author must warrant
that the provided art is either owned by the Author or that it does
not infringe on any copyright.
C. Publisher reserves final approval
of art in consultation with Author.
D. Author agrees to self-promote the
Work to the best of his/her ability. If Author has his/her own website,
the Work must be linked to the Publisher's website. With any promotional
material the Author generates, the Author will consult with Publisher
to insure proper use of Publisher's name and/or other information.
E. Author may use up to 3 chapters
to post on his/her website or to give away as "teasers"
to promote the work provided it includes a link to Atlantic Bridge
Publishing.
F. Publisher will send out the work
for review to no less than three review sites. Author may request
a review copy on CD for his/her promotional efforts. Author
is encouraged to solicit reviews along with the Publisher. For added
promotional purposes, Publisher and Author agree to notify each
other as to what review sites submissions have been made.
G. With enough advance notice, Publisher
will provide Author any needed book copies for Author appearances
or signings. These copies would be in the format of CD and can be
purchased by the author at a discount set by the Publisher.
VII Assignment
A."Atlantic Bridge Publishing"
may at any time sell itself, or the majority of itself, its holdings,
or licenses. Current contracts would transfer to the new owner.
B. Bankruptcy: If "Atlantic Bridge
Publishing" is legally judged bankrupt or liquidates its business,
this Contract shall be terminated effectively and all rights granted
to "Atlantic Bridge Publishing" shall be terminated.
C. Audit: The Author may, with reasonable
notice, assign and designate a representative to examine the Publisher's
records as they relate to the Work. Such examination shall be at
the Author's expense unless errors are found in excess of 5% of
royalties in the Author's favor; in which case, the Publisher shall
then defray all usual, customary, and reasonable charges for such
audit. The Publisher shall pay the Author any sums due within thirty
(30) days.
VIII Entire Agreement:
This Contract hereby constitutes the
entire agreement between Author and Publisher and supercedes all
previous agreements regarding the Work, whether oral or in writing.
Modification of this contract may only occur in writing, signed
by both parties.
Author's Real Name: _______________________________________
Pseudonym (if any): _______________________________________
Street Address: __________________________________________
City, State, Zip: _________________________________________
Phone Number: _____________________________________________
Email Address: ____________________________________________
Website URL: ______________________________________________
Title of Work: ____________________________________________
Social Security Number:____________________________________
Author's Signature: _______________________________________
Date: _____________________________________________________
Atlantic Bridge Publishing Signature:
________________________
Date: ________________________
This is a sample contract.
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