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.
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| Advance |
$0 |
| Royalties |
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
15% thereafter
|
| Exclusivity |
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
Example:
| |
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.
|
|
| Author Discount |
100% on first 5 copies
25% thereafter
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