eBook Listing Agreement
This agreement shall be between the Author of the eBook and Black Lotus Books L.L.C., hereafter known as Black Lotus Books. The selling platform shall be BlackLotusBooksPublishing.com, or the Black Lotus Books store.
The parties agree as follows:
Right to Sell
The Author of the book in digital file format, “eBook”, in accordance with this Agreement, grants Black Lotus Books a non-exclusive right to sell the eBook under the terms of this Agreement. The Author agrees to deliver to Black Lotus Books, on consignment, the eBook. All sales prices and terms of sale shall be determined by the Author.
Proceeds of Sales, “Royalties”
Black Lotus Books will pay to the Author 50% of the eBook’s net sales; that is, sales calculated after payment processing fees by the third-party payment processor. The Author’s Payment shall be made to the Author’s PayPal email address, no later than 7 business days from the closing date of the payment cycle. The payment cycle shall begin on the first day of the calendar month, and end on the last day of the calendar month.
It will be the responsibility of the Author to provide Black Lotus Books with the correct PayPal email address. Black Lotus Books in not responsible for any fees incurred by the Author for the Author’s use of PayPal.
Along with each payment, Black Lotus Books will submit to the Author a written report that sets forth the calculation of the amount of the net proceeds payment.
Intellectual Property Rights
Full intellectual property rights of the eBook shall remain with the Author.
The Author grants Black Lotus Books the right to use their name, image, likeness, and biographical material for all advertising, promotion and other exploitation of the eBook on the Black Lotus Books website.
The parties will attempt to resolve any dispute arising out of or relating to this Agreement through friendly negotiations amongst the parties. If the matter is not resolved by negotiation, the parties will resolve the dispute by submitting the dispute to mediation in accordance with any statutory rules of mediation. If mediation is not successful in resolving the entire dispute or is unavailable, any outstanding issues will be submitted to binding arbitration under the rules of the American Arbitration Association. The arbitrator’s award will be final, and judgment may be entered upon it by any court having proper jurisdiction.
This Agreement shall be binding on any successors of the parties. This Agreement may be terminated by either party by providing 30 days’ written notice to the other party. This Agreement contains the entire agreement of the parties with respect to the eBook in question. There are no other promises or conditions in any other agreement, whether oral or written. This Agreement supersedes any prior written or oral agreements between the parties with respect to the subject matter of this agreement. This Agreement shall be governed by the laws of the state of Wyoming, United States of America.
This Agreement shall be signed electronically, by Black Lotus Books L.L.C. in the form of a printed signature below, and by the Author, in the form of typing either their nom de plume (author name), or their legal name, in the signature box below.
The effective date shall be the date the Author electronically signs the agreement.
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