Schedule 3
Estimated Expenses and Disbursements
1. GENERAL
A. The intent of this Agreement is to insure that PUBLISHER and AUTHOR are fairly and
consistently compensated for sales of the WORK.
B. Disbursements and compensation will be based on a Gross Margin after discounts and
printing costs have been deducted from the sales price.
C. All changes in expenses from those listed in this Schedule shall be communicated in
written form from PUBLISHER to AUTHOR.
D. AUTHOR and PUBLISHER agree to third party arbitration in the event of a disagreement
regarding disbursements.
2. ROYALTIES AND SALES CHANNEL DISCOUNTS
Discounts to book distributors may vary dependent upon agreements reached. In no case
will the discounts be greater than those listed. If the discount is smaller, it will be
reflected in remittances to AUTHOR.
Discounts: For sales transacted upon the Westview Publishing website: 10 %
For Wholesale sales (amazon.com, other Internet retailers, etc): 55 %
For Wholesale sales (bookstores, other brick and mortar retailers, etc): 45 %
Author Royalties: 40 % of the Gross Margin on all web site and wholesale distribution sales
3. FREQUENCY OF DISBURSEMENTS
A. Royalties will be paid quarterly.
B. Payment will be made to AUTHOR by check and mailed to the address specified in this
agreement.
C. It is incumbent upon AUTHOR to notify PUBLISHER of any address change in a timely
fashion.
D. Royalty checks will be mailed 45 days after the last day of the month for that quarters
sales. This will allow time for adjustments for sales returns, if needed and applicable.
4. BOOK RETURNS
A. It is PUBLISHER’S standard policy not to accept returns from wholesalers or distributors
other than for cases of damages in shipment. The author has the option of personally
guaranteeing payment for these returns in order to maximize distribution outlets.
B. All retail purchases from our web site are unconditionally guaranteed with a full purchase
price refund (excluding shipping) for dissatisfied customers. Such a refund will result in the
loss of a royalty payment to the author for that sales transaction.
5. FINANCIAL OBLIGATIONS
A. AUTHOR will pay PUBLISHER for all setup expenses as checked and initialed by the
AUTHOR in Addendums 1 and 2 in full, in advance of work being begun.
B. Upon receipt of this amount, PUBLISHER will immediately begin fulfilling its obligations
under this Agreement.
C. AUTHOR will pay the PUBLISHER in full in advance of any author requested changes
being made to the WORK, unless the changes are required due to PUBLISHER error.
Charges apply whether the revisions are made by the PUBLISHER to additional Author’s
proofs or by submission of revisions to the printer, as defined in Section 2 of Schedule 2
and in Sections 2,3, and 4 of Schedule 1.
D. AUTHOR will make full payment upon receipt of any publisher provided items, including
but not limited to: books, business cards, bookmarks, postcards, and posters.
E. Black and white interior book copies shall be directly available to AUTHOR at a cost per
copy consistent with the table attached as Addendum 5. These prices are dependent upon
the final book specification, including page size and total page count. Costs for books with
color interiors are available upon request. The only additional cost shall be a direct charge
back to AUTHOR of shipping costs appropriate to the shipping method requested by
AUTHOR. This price is based upon the current market price of books printed by our
printer, and is guaranteed only for the AUTHOR’s initial order of books. Regarding
subsequent orders, there will not be an increase in this cost per copy unless it is
to reflect increases in manufacturing costs. AUTHOR will be notified in advance of any
such change, which will not affect any commitment by AUTHOR currently in effect.
This Agreement details in full the financial obligations between PUBLISHER and AUTHOR.
Initials: PUBLISHER ______ AUTHOR ______
2008 Westview Contract
Schedule 1 - Publisher Responsibilities
Schedule 2 - Author Responsibilities
Schedule 3 - Expenses and Disbursements
Addendum 1 - Publishing Plans
Addendum 2 - Optional Services
Addendum 3 - Publishing Guidelines
Addendum 4 - Publishing/Formatting Questionnaire
Addendum 5 - Author Book Prices
Return to Benefits
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| Published by Westview, Inc. 8120 Sawyer Brown Road, Suite 107 P.O. Box 210183 Nashville, Tennessee 37221 phone 615.646.6134 fax 615.662.0946 Copyright (c) 2008 Published by Westview, Inc. |