Common use of Rights Fee Clause in Contracts

Rights Fee. The Author shall be paid $XXX.XX (6 cents per word up to 7500 words with a minimum payment of $60) for rights granted in Sections 1a, 1b, and 1c of this Agreement to be paid within 30 days of initial publication. Should the rights granted in section 1d be exercised, the Author will receive a payment in the sum of $XXX.XX (1 cent per word up to 7500 words) to be paid within 30 days after initial publication. Should the rights granted in section 1e be exercised, the Author will receive a pro-rata share of 10% of the book or anthology’s net earnings payable on January 1st and July 1st of each calendar year provided a minimum of $10.00 is due the author. Payment options are limited to checks and PayPal. Any bank fees or wire transfer charges will be deducted from the author’s payment.

Appears in 1 contract

Sources: Author Agreement

Rights Fee. The Author shall be paid $XXX.XX (6 5 cents per word up to 7500 words with a minimum payment of $605000 words) for rights granted in Sections 1a, 1b, and 1c of this Agreement to be paid within 30 days of initial publication. Should the rights granted in section 1d be exercised, the Author will receive a payment in the sum of $XXX.XX (1 cent per word up to 7500 5000 words) to be paid within 30 days after initial publication. Should the rights granted in section 1e be exercised, the Author will receive a pro-rata share of 10% of the book or anthology’s net earnings payable on January 1st and July 1st of each calendar year provided a minimum of $10.00 is due the author. Payment options are limited to checks and PayPal. Any bank fees or wire transfer charges will be deducted from the author’s payment.

Appears in 1 contract

Sources: Author Agreement

Rights Fee. The Author shall be paid $XXX.XX (6 cents per word up to 7500 words with a minimum payment of $60words) for rights granted in Sections 1a, 1b, and 1c of this Agreement to be paid within 30 days of initial publication. Should the rights granted in section 1d be exercised, the Author will receive a payment in the sum of $XXX.XX (1 cent per word up to 7500 words) to be paid within 30 days after initial publication. Should the rights granted in section 1e be exercised, the Author will receive a pro-rata share of 10% of the book or anthology’s net earnings payable on January 1st and July 1st of each calendar year provided a minimum of $10.00 is due the author. Payment options are limited to checks and PayPal. Any bank fees or wire transfer charges will be deducted from the author’s payment.

Appears in 1 contract

Sources: Author Agreement