Publishing Contract #1
This is a sample book publishing contract for:
- Single author Allesandra Bellini who is represented by a literary agent.
- The acquisition editor managing this author is John Smith.
- Royalties are paid every twelve months.
- Two advances; $1,000 paid on signature and $1,000 paid on publication
- Reserve for returns is 15% of royalty earnings. The reserve is withheld only from earnings of paperback and hardcover titles. No reserves are withheld from the royalty earnings of eBooks.
- No royalties paid on below cost revenue.
- Flat royalty rate for eBook revenue.
- Escalating royalties; based on MSRP, for hardcover and paperback revenue.