The publishing house has the exclusive right to modify or modify the materials delivered at its discretion prior to publication. However, the author has the right to review the changes and grant permission before publication. While the author has the right to verify, approve and modify the content, format of the work, cover design and final artwork, the publishing house reserves the right to manufacture, distribute, market and sell the finished work according to its own indications. The publishing house undertakes to provide proof of pages of the material prior to publication. These proofs include all content, including graphics. The author undertakes to verify these proofs within 30 days and to return them to the publisher. If the author has not yet modified the content with the exception of spelling errors exceeding 5% of the rate fee, the author undertakes to pay these costs to the publisher. The publishing house accepts that the works covered by this publishing contract will be published within one year of delivery of the original manuscript. Why do we need a written agreement? Can`t the two parties just discuss how and when the book will be published and finish it? Books are our best friends, and some people are especially good with the ability to create them. But how, as an author, can you see your creation for the outside world? After all, a book doesn`t publish itself – and that`s why you need a publishing house. Unfortunately, while an oral agreement is simple and easy, it also poses some problems.
It is not sufficient to demonstrate that both parties have entered into a transaction and, in addition, it may not properly clarify the terms of the transaction. A written agreement signed by both parties means that they can protect their interests in case of problems such as. B non-payment of compensation, non-compliance with their promises by a party, etc. 11. In the event of a dispute or difference between the parties under or as a result of this Agreement, this Agreement shall be referred to arbitration by a joint arbitrator, unless this is directed to two arbitrators, one of whom shall be appointed by each party to the dispute, and the arbitration is governed by the Arbitration Act. A book publishing contract is advantageous for both parties, as it addresses in advance all the conditions of the operation and sets the objective to be achieved. This leaves no room for ambiguity or misunderstanding in the transaction and helps to ensure the successful and timely publication of the book. However, for this to happen, the agreement itself must be carefully drafted, taking into account all the elements that should be included in it. This brings us to the essential elements of a good book publishing contract that will be discussed in the next section. The agreement usually includes information such as the date of publication of the work; how it is published (print or online or both); the number of copies made available, etc.; whether the author is entitled to royalties as divided between the author and the publisher, when they are paid, etc.
The agreement will also address how the copyright of the work is managed. Previously, we have seen the different elements and clauses to be included in our book publishing agreement. In addition, there are some other principles that we should adhere to when drawing up and signing such an agreement.