Globic Press

This agreement is between you ("the Author") and GLOBIC PRESS ("Globic" or "the Publisher"), for your book ("Work").

AUTHOR'S ROYALTIES
Your paperback and hardcover royalties are 50% of the payments we actually receive from sales of printed copies of your book. These payments we receive are equal to the cover price less trade (wholesale) discount, less the printing cost (this is the profit margin of the transaction). Royalties are distributed by mail quarterly (in check of US$ 25). No royalty will be paid on author purchases.

RETAIL PRODUCT, PRICE AND ROYALTIES
Globic prices books in consultation with the author. Globic reserves the final right to decide the price of the Work.

Trade Paperbacks (price varies)	Discount	Price	Royalty
Author sales	50%	varies	None
Bookstores, libraries, and resellers	40%	varies	50% of profits
Direct sales	None	varies	50% of profits

 

Hardbacks (price varies)	Discount	Price	Royalty
Author sales	50%	varies	None
Bookstores, libraries and resellers	40%	varies	50% of profits
Direct sales	None	varies	50% of profits

Cover prices are subject to change at any time at the discretion of Globic as market conditions and costs warrant. Globic also reserves the right to introduce additional editions and versions of the Work.

WARRANTIES
The Author represents and warrants that he or she is the sole author of the Work and is the owner of the copyright to all of its contents; that he or she has not engaged in plagiarism with respect to the Work; that the Work is accurate in all respects, i.e., that if fiction, it represents no real event or person in a way that could be deemed libelous; that if non-fiction, it does not misstate any material fact or omit to state any material fact, the result of which would libel any person or result in a person being placed in a false or damaging light; and that the Work does not infringe upon any statutory or common law right of copyright or privacy of any third party; that he or she is owner of any trademarks and/or trade names associated with the Work; that the Work does not constitute obscenity or hate literature and that the author has the right to enter into this Agreement.

THE RIGHTS TO YOUR WORK
The Author acknowledges and agrees that Globic acquires no right of ownership to the Work under this Agreement; that unless otherwise specified, Globic is a provider of limited services only and assumes no responsibility for reviewing or correcting the content of the Work.

INDEMNITIES
The Author agrees to indemnify Globic and its employees, shareholders, directors, representatives, successors and assigns of and from all and any manner of claims, liabilities, damages, expenses (including reasonable attorney's fees), awards, and judgments resulting from claims of (i) third parties regarding ownership, libel, slander, plagiarism, privacy, misappropriation, and similar claims arising from publication of the Work; (ii) Author's breach of any warranty in this Agreement. Globic agrees to notify the Author promptly of any claim for indemnity under this Agreement. Globic may be represented in any proceeding by counsel of its choice; the Author may retain additional counsel at his or her own expense. Any settlement agreement between Globic and a third party regarding a claim covered by the indemnity provisions of this Agreement shall be subject to approval of the Author, which approval shall not be unreasonably withheld.

TERM AND EXCLUSIVITY
This Agreement is nonexclusive, and either party has the option to terminate the Agreement at any time, with or without cause. If the Agreement is terminated by the author within the first 30 days following publication, publishing fees will be refunded in full (or applied against any outstanding amounts in the Author's account.)If the Agreement is terminated by Globic at any time, all publishing fees will be refunded in full (or applied against any outstanding amounts in the Author's account). For the purposes of this paragraph, publication fees are defined as those fees directly associated with online, disk, and paper manuscript submission. Fees related to other pre- or post-publication services, such as data entry, and/or corrections or book sales, are not refundable. Fees related to the publication of second and later editions of the Work are also not refundable. If the agreement is terminated by Globic due to a breach by Author of this Agreement, no fees shall be refunded.

The Author retains the copyright for this Work, and no part of this Agreement diminishes the Author's rights to this work.

NOTICES
All official notices to Globic must be sent in writing to its office at P.O. Box, Chapel Hill, NC 27514-0788, USA. All notices to the Author shall be in writing to the address specified by the Author.

COMPLETE AGREEMENT
This written Contract contains the sole and entire Agreement between the parties and shall supersede any and all other prior agreements between the parties. This Agreement may not be modified or amended except in writing signed by the party against whom such modification or amendment is sought to be enforced.

LAW AND VENUE
The laws of the State of North Carolina shall govern this Agreement. Recognizing the expense, distraction, and uncertainty resulting from litigation of disputes which may arise under this Agreement, the parties have agreed that except as specifically provided herein they shall submit any and all disputes arising in any way under this Agreement to the American Arbitration Association for final disposition in accordance with its rules, provided that the Arbitrator shall have no authority to award punitive damages. Notwithstanding the foregoing, nothing in this Agreement shall be deemed to deprive a party of the right to equitable relief in a court of competent jurisdiction respecting rights to its intellectual property or use there of under this Agreement. Any proceeding under this paragraph shall be brought in the federal or state courts in North Carolina. A judgment may be entered in a court of competent jurisdiction based on any award rendered in arbitration or other proceeding conducted by the parties pursuant to this paragraph.

I hereby agree to the terms of this agreement

Name:__________________________

Signature:_______________________

Date of Signature:__________________

Click here to download a PDF version of this agreement.