Agreement to Co-Publish Book
Overview of this form
The Agreement to Co-Publish Book is a legal document that formalizes an arrangement between an author and an investor. This agreement specifies how an investor will fund the costs associated with publishing and distributing a book in exchange for a percentage of the profits. This form uniquely outlines both the financial responsibilities and the rights associated with the book, distinguishing it from standard publishing contracts or investment agreements.
What’s included in this form
- Identification of the parties involved: specifies the Author and Investor by name and address.
- Investment terms: outlines the amount of money the Investor will contribute for publication expenses.
- Profit-sharing structure: details how profits will be divided between the Author and Investor.
- Statement preparation: establishes when and how the Author will provide profit statements to the Investor.
- Copyright provisions: allows the Author to secure and protect copyright registration for the book.
- Arbitration clause: outlines procedures for resolving disputes under the agreement.
Common use cases
This form is suitable for situations where an author seeks financial backing for a book project. It is ideal for authors who may not have sufficient funds for publication or distribution and are looking to secure investment in exchange for sharing future profits. This agreement also helps clarify the roles and expectations of both parties, thereby reducing potential disputes.
Who can use this document
This agreement is intended for:
- Authors who have completed a manuscript and are seeking investment for publication.
- Investors interested in funding literary projects and receiving a share of the profits.
- Co-publishing partners looking to establish clear financial terms and rights.
Instructions for completing this form
- Identify the parties: Fill in the names and addresses of both the Author and the Investor.
- Specify the book details: Enter the title of the book being published.
- State the investment amount: Indicate the sum of money the Investor will contribute.
- Detail profit percentage: Clearly state the percentage of profits the Investor will receive.
- Include payment terms: Specify the frequency of payment statements and the timeline for payments to the Investor.
- Sign and date the agreement: Ensure both parties sign and date the form to validate the agreement.
Is notarization required?
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to clearly define the profit-sharing percentage, leading to future disputes.
- Not providing complete addresses for both parties.
- Neglecting to specify the terms for payment frequency, causing confusion later.
- Not having both parties sign the agreement, which can render it unenforceable.
- Overlooking local laws that may affect the enforceability of the agreement.
Benefits of using this form online
- Convenience of downloading and filling the form at any time.
- Editability allows for customization to meet specific needs of the authors and investors.
- Access to reliable, attorney-drafted templates ensures legal compliance.
- Quick turnaround time for completing and executing the contract compared to traditional legal services.
Legal use & context
- The agreement must comply with state laws governing contracts and publishing.
- Both parties should retain copies for their records to avoid disputes.
- This agreement establishes a clear understanding, which aids in enforceability in legal settings.
What to keep in mind
- The Agreement to Co-Publish Book outlines the partnership between an author and an investor.
- It is essential for clarifying investment terms and profit-sharing arrangements.
- Both parties must fill in all necessary fields to ensure the agreement is complete and valid.
- Using this form can help protect the rights of authors while providing investors with potential profits.
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FAQ
Self-published authors can make between 40% 60% royalties on a single book sale while traditionally published authors usually make between 10%-12% royalties. First-time authors who want to traditionally publish can get an advance, which is usually $10,000 (usually not that much more for a first-timer).
One of the simplest ways to co-author a book is by splitting it up chapter by chapter. Or, you can agree on writing large sections of the book. With this method, you're sharing the writing workload evenly, in a straightforward way. Meanwhile, you both can refine the storyline together as the different chapters evolve.
The average author with a first-time book deal can expect to receive an advance of $5,000 to $15,000. Once your book is released, you won't see another dime until you have earned back that advance$1.25 at a timeuntil the advance is paid back in full.
The cost to publish a book depends on a) the length of the book and b) the level of quality you want. Most authors spend $2,000-$4,000 to self-publish their books this includes editing, cover design, formatting, and marketing services.
Some of the most essential clauses of a standard (boilerplate) book publishing contract are: Grant of Rights, Subsidiary Rights, Delivery and Acceptance, Publication, Copyright, Advance (if there is any), Royalties, and Out of Print.
Go to writers conferences where agents appear, search their websites, find their names in the acknowledgment pages of books you like, find a friend who has a good agent, and subscribe to Publisher's Marketplace for the latest book deals between agents and editors.
Typically, an author can expect to receive the following royalties: Hardback edition: 10% of the retail price on the first 5,000 copies; 12.5% for the next 5,000 copies sold, then 15% for all further copies sold. Paperback: 8% of retail price on the first 150,000 copies sold, then 10% thereafter.
Under standard royalties, an author gets roughly 20 to 30% of the publisher's revenue for a hardcover, 15% for a trade paperback, and 25% for an eBook. So, very roughly, every hardcover release that earns out brings the author something like 25% of all revenue earned by the publisher.
Write a book you're proud of. Decide which self-publishing platform to use. Get your book edited, a cover designed, and it formatted. Upload your manuscript and accompanying assets. Hit Publish when you're read. Your book is self-published!