|The following is an outline of some of the terms of our current author contract. It is not itself a contract and is subject to change.|
5% of listed retail price for the first 500
10% of listed retail price for the next 9,500 copies
12.5% for the next 5,000 copies
||Author grants EP exclusive publishing rights including e-book and audio-book rights.
|Guaranteed Transfer of Publishing Rights
EP agrees to transfer all publishing rights in exchange for payment according the following formula
Rights Transfer Price = (Copies Sold) / (Years since published) x $2
You’ve found another company willing to publish your book that
has sold 500 copies in the 3 months since EP first published it. EP
will transfer all rights to you or your new publisher in exchange for
500/(0.25 years) x $2 = $4000.
100% on first 5 copies