Net Copies definition

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Net Copies. Sold,” as used in this Agreement, shall refer to any and all copies of the Work in any Publisher’s Edition actually sold and delivered, net of returns, damaged or spoiled copies, promotional and review copies. No Royalty Copies. No royalty will be paid on copies sold below or at cost, including expenses incurred; on copies sold directly to the Author by the Publisher; or on copies furnished gratis to the Author or for review, advertising sample, or like purposes. Authors are responsible for all fees associated with the return of any books sold to a bookstore via a distributor. Said return fees will be deducted from the author’s royalties. The Publisher will make royalty payments on a quarterly basis to the Author. If the royalty payment due in any one quarter is less than thirty U.S. dollars ($30), a payment may not be made, and the balance may be carried forward and added to the next quarter’s royalty payment. Should the Author receive an overpayment of royalty arising from copies reported sold but subsequently returned for any reason other than physical defect, the Publisher may deduct such overpayment from any future royalties due the Author.

Net Copies. Sold,” as used in this Agreement, means the sale less returns of any and all copies sold by Publisher through conventional channels of distribution in the book trade, and does not include promotional and review copies, Author’s copies (whether free or purchased by Author), or copies for which a royalty rate is otherwise set forth in this Agreement. Reduced Royalties on Publisher’s Editions. For any and all sales of the Work in any Publisher’s Edition at discounts greater than the Publisher’s announced wholesale discounts in the book trade; non-returnable sales; direct sales; export sales; and bulk, premium and other special sales; Author’s royalty shall be one-half the full royalty specified for sales in ordinary channels of distribution in the book trade.

Examples of Net Copies in a sentence

On copies of the Work purchased by the Author, no royalties will be paid to the Author, no credit or payment will be given for any copies returned to the Publisher, and the Author’s purchases will be excluded in computing the Net Copies Sold.
The Publisher shall render to the Author a statement of Net Copies Sold and Net Revenues from the sale of Publisher’s Editions and other exploitation and disposition of rights to the Work, and other credits and debits relating to the Work and the rights granted in this Agreement, and pay the Author any amount(s) then owing, on or before 31 March of each year for the 12-month period ending the prior 31 December.
The Publisher shall render to the Author a statement of Net Copies Sold and Net Revenues from the sale of Publisher’s Editions and other exploitation and disposition of rights to the Work, and other credits and debits relating to the Work and the rights granted in this Agreement, and pay the Author any amount(s) then owing, on or before March 31 of each year for the 12-month period ending the prior December 31.
On copies of the Work purchased by the Author, no royalties will be paid, and the Author’s purchases will be excluded in computing Net Copies sold.
After all Project Costs have been recovered, Publisher shall pay Author a royalty equal to percent ( %) of Net Revenues on Net Copies Sold under this Agreement.
On copies of the Work purchased by the Author, no royalties will be paid to the Author, no credit or payment will be given for any copies returned to the Publisher, and the Author’s purchases will be excluded in SAMPLE computing the Net Copies Sold.
With respect to copies of the Work provided to or purchased by Author, no royalties will be paid to Author, no credit or payment will be given for any copies returned to Publisher, and Author’s purchases will be excluded in computing the Net Copies Sold.
On all Net Copies sold, the Author will receive a royalty of BusMod percent (BM%) of the Publisher's Gross Profit received.
Publisher will compensate the Author his/her Representative Share of all Net Copies sold of Audio books (Audio Books), net of any chargebacks.
Publisher will compensate the Author his/her Representative Share of all Net Copies sold of Electronic books (eBooks), net of any chargebacks.

More Definitions of Net Copies

Net Copies. Sold,” as used in this Agreement, means the sale, less returns, of any and all copies of the Work sold by Publisher through conventional channels of distribution in the book trade. It does not include promotional and review copies, remainder sales, or copies the Author purchases directly from the Publisher at author discount. Royalties on all eBooks sold will be paid at 75% of the Net Revenues (royalties received from the distributors).