This is a format of Royalty Agreement. This is specifically drafted as an agreement to be entered into by and between an Author and a Book Publisher. A free .pdf version can be downloaded also from here.
FORMAT OF ROYALTY AGREEMENT
_______________________________________
AGREEMENT
1. Date:
2. Place:
3. Parties:
3.1 ________ (Name), son / wife of ___________________, by Nationality–_______, residing at ____________________________ (with Police Station).
(Author, includes successors-in-interest and assigns)
3.2 M/S.__________________________, a _______________ Concern, having its office at _______________________________ (with Police Station), being represented by its _________________, ______________________.
(Publisher, includes successors-in-interest and/or assigns)
Author and Publisher collectively Parties and individually Party.
NOW THIS AGREEMENT WITNESSES, RECORDS, GOVERNS AND BINDS THE CONTRACTUAL RELATIONSHIP BETWEEN THE PARTIES AS FOLLOWS:
4. Subject Matter of the Agreement:
4.1 Subject Property: A book in the form of a manuscripts or _______, under the name and style of _______________, written/authored by the Author and a copy whereof is set forth on Schedule A annexed hereto and made part hereof (Said Book).
5. Basic Understanding:
5.1 Author’s Proposal: Author is willing to grant and/or assign the right of the publication, sales and distribution of the Said Book to Publisher. Author doth hereby represent and warrant as stated hereinafter.
5.2 Acceptance by Publisher: Publisher doth accept the proposal of Author relying on his/her representation and warranties.
5.3 Discussions and Negotiations: Discussions and negotiations have taken place between Author and Publisher in respect of the subject matter hereof and essential terms and conditions in this regard have been finalized and agreed, which the Parties are recording hereunder.
5.4 Agreement: Pursuant to such discussions and negotiations, Author has agreed to grant and/or assign the right of the publication, sales and distribution of the Said Book to Publisher for the consideration stated hereinafter. Conclusive and comprehensive terms and conditions superseding all previous documents and understandings, if any, are now being recorded by this Agreement.
6. Representations and Warranties of the Author:
6.1 Sole Authorship: Author is the sole writer/author of the Said Book.
6.2 Original Work of Author: Said Book is the own original work and creation of Author and is not a copy of any other copyrighted work.
6.3 Author Absolute Owner: Author has not sold, assigned, leased licensed or in any manner disposed of or encumbered the rights herein granted to Publisher
6.4 Author has Good Right: Notwithstanding any act, deed or thing whatsoever done, the Author has good right, full power, absolute authority and indefeasible right to enter into this Agreement in the manner specified herein, according to the true intent and meaning of these presents.
7. Transfer:
3.1 ________ (Name), son / wife of ___________________, by Nationality–_______, residing at ____________________________ (with Police Station).
(Author, includes successors-in-interest and assigns)
AND
(Publisher, includes successors-in-interest and/or assigns)
Author and Publisher collectively Parties and individually Party.
NOW THIS AGREEMENT WITNESSES, RECORDS, GOVERNS AND BINDS THE CONTRACTUAL RELATIONSHIP BETWEEN THE PARTIES AS FOLLOWS:
4. Subject Matter of the Agreement:
4.1 Subject Property: A book in the form of a manuscripts or _______, under the name and style of _______________, written/authored by the Author and a copy whereof is set forth on Schedule A annexed hereto and made part hereof (Said Book).
5. Basic Understanding:
5.1 Author’s Proposal: Author is willing to grant and/or assign the right of the publication, sales and distribution of the Said Book to Publisher. Author doth hereby represent and warrant as stated hereinafter.
5.2 Acceptance by Publisher: Publisher doth accept the proposal of Author relying on his/her representation and warranties.
5.3 Discussions and Negotiations: Discussions and negotiations have taken place between Author and Publisher in respect of the subject matter hereof and essential terms and conditions in this regard have been finalized and agreed, which the Parties are recording hereunder.
5.4 Agreement: Pursuant to such discussions and negotiations, Author has agreed to grant and/or assign the right of the publication, sales and distribution of the Said Book to Publisher for the consideration stated hereinafter. Conclusive and comprehensive terms and conditions superseding all previous documents and understandings, if any, are now being recorded by this Agreement.
6. Representations and Warranties of the Author:
6.1 Sole Authorship: Author is the sole writer/author of the Said Book.
6.2 Original Work of Author: Said Book is the own original work and creation of Author and is not a copy of any other copyrighted work.
6.3 Author Absolute Owner: Author has not sold, assigned, leased licensed or in any manner disposed of or encumbered the rights herein granted to Publisher
6.4 Author has Good Right: Notwithstanding any act, deed or thing whatsoever done, the Author has good right, full power, absolute authority and indefeasible right to enter into this Agreement in the manner specified herein, according to the true intent and meaning of these presents.
7. Transfer:
