NEW ENGLAND PUBLISHING ASSOCIATES">
NEW ENGLAND PUBLISHING ASSOCIATES, INC.
Agency Agreement
MEMORANDUM OF AGREEMENT made this
___ day of _____________ 2007 between:
of
hereinafter "Author", and New England Publishing
Associates, Inc. of P.O. Box 5, Chester, CT 06412, hereinafter "NEPA", whereby
it is mutually agreed as follows:
1. The Author hereby designates NEPA to be
the exclusive agent representing all rights to the Author's book-length literary
works of non-fiction and fiction, unless specifically excluded herein, in all
languages throughout the world for a period of not less than six (6) months from
the date of this Agreement. Said rights shall include, but not be limited to,
volume rights, translation rights, foreign English-language rights, dramatic,
film and performing rights, audio rights, software and electronic rights, serial
rights, and out-of-print book rights.
2. All monies received from the sale of
such rights shall be paid directly to NEPA, which shall deduct a commission of
fifteen (15%) percent, except as specified in paragraph 3 below, and remit the
balance to the Author within no more than thirty (30) days of receipt. No
readers’ fees or other charges shall be made on domestic sales with the
exception of charges for copying and shipping via overnight or two-day courier
when needed.*
3.
Where a co-agent must be employed, such as in the sale of foreign,
dramatic, software or out-of-print book rights, NEPA will receive a ten (10%)
percent commission of the original amount paid to the sub-agent and will remit
the balance of the amount paid to NEPA by the sub-agent to the Author as
specified in paragraph 2 above. Marketing certain types of subsidiary rights,
most notably foreign rights, may require NEPA to either purchase additional
copies of the Author’s book from the publisher or to pay overseas courier or
shipping charges. Such documented expenses incurred specifically on the
Author’s behalf shall be charged to the Author’s account and deducted from any
amounts coming due the Author from NEPA.
4. NEPA shall make its best efforts to
obtain contractual offers for volume rights on the most favorable terms
available and shall promptly submit any offers received to the Author for
approval.
5. The Author hereby authorizes NEPA to act
in his or her behalf in all matters arising out of this Agreement. However, no
contract shall be binding on the Author without the Author's consent and no
obligation of the Author's contained in any contract shall be binding upon or
the responsibility of NEPA except as explicitly provided for in writing.
6. NEPA shall be the irrevocable agent for
all rights to the Works for which it obtains one or more contracts for volume
rights and shall be named as such in each contract. The provisions of this
Agreement, including the commissions provided for herein, shall apply to any
work submitted on the Author's behalf by NEPA prior to termination as specified
in paragraph 7 below and to any work submitted under an option clause negotiated
by NEPA.
7. This Agreement shall automatically be
extended in perpetuity at six month intervals unless the Author delivers written
notification of termination with proof of delivery sixty (60) days prior to the
expiration date.
8. If there are multiple Authors party to
this Agreement, the singular references to Author shall be deemed to include the
plural and all the obligations and rights of the Author shall be deemed joint
and several unless otherwise provided in this Agreement. Unless otherwise
provided for herein or by written amendment, the Agency shall divide all monies
due the Author into equal parts and pay the Authors separately.
9. This Agreement shall be binding upon and
shall inure to the benefit of the parties and the heirs, executors,
administrators and permitted successors and assigns of the Author and upon the
lawful successors and assigns of NEPA.
10. This Agreement shall be construed in
accordance with the laws of the State of Connecticut regardless of its place of
execution or performance and it constitutes the complete understanding of the
parties. No modification, amendment or waiver of any provision of this
Agreement shall be valid or binding unless executed in writing and signed by
each of the parties whose signatures are affixed hereto.
_______________________________________
for New England Publishing Associates, Inc.
Date
________________________________________
________________________________
* Unless otherwise agreed
in writing, Author shall reimburse NEPA for photocopying proposals,
sample text, and manuscripts at the rate of $.05 per page. Payment shall
be made within 30 days of invoice.
Author
Date Social Security
Number or Tax ID Number