OUT-OF-PRINT PROVISIONS a. If at any time the Publisher determines that the demand for the Work is insufficient to warrant its continued publication, the Publisher may declare the Work out-of-print. In such event, the Author(s)/Editor(s) shall have the right to purchase the Publisher’s stock of the Work, if any, at one-quarter (¼) of the Publisher’s established list price, but not below cost. The Work will not be deemed out-of- print if it is on sale by the Publisher in any form permitted hereunder, or if it is under option, or if any license granted by the Publisher is outstanding.
OUT-OF-PRINT PROVISIONS. If at any time the Publisher determines that the demand for the Work is insufficient to warrant its continued publication, the Publisher may declare the Work out-of-print. In such event, the Editor shall have the right to purchase the Publisher’s stock of the Work, if any, at one-quarter (¼) of the Publisher’s established list price, but not below cost. The Work will not be deemed out-of-print if it is on sale by the Publisher in any form permitted hereunder, or if it is under option, or if any license granted by the Publisher is outstanding. If the Publisher declares the Work out-of-print, then, upon the Editor’s written demand, the print (but not the eBook or any electronic product) rights granted by the Editor under this Agreement will revert to the Editor and this Agreement will terminate, subject to any outstanding licenses, and except for Paragraph 9. If there are multiple Editors under this Agreement, they will take individual ownership, in proportion to their respective shares of the royalties under this Agreement, of all rights jointly owned by them at the time of termination. The termination of this Agreement will not affect the Publisher’s continuing right to sell all remaining bound copies and sheets of the Work and derivative works on hand at the time of termination.
