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Hi everyone - I've been a now-and-then lurker, and now I have an urgent question so I took the plunge and registered. So, hi!!
Okay, my question: I got an offer from a reputable NY agent. One of the clauses looks like the infamous "interminable agency clause" but I don't know if it actually is. The clause seems to say that the agency would continue to draw a commission from the book for the life of its copyright, whether or not our contract has been terminated.
Is that standard? Is that the "interminable clause"? It seems fair that if they helped sell the book and negotiated the contract, they should get the commission as long as the book is out there. Why would that be controversial?
Can anyone help me?
Thanks!!
Okay, my question: I got an offer from a reputable NY agent. One of the clauses looks like the infamous "interminable agency clause" but I don't know if it actually is. The clause seems to say that the agency would continue to draw a commission from the book for the life of its copyright, whether or not our contract has been terminated.
Is that standard? Is that the "interminable clause"? It seems fair that if they helped sell the book and negotiated the contract, they should get the commission as long as the book is out there. Why would that be controversial?
Can anyone help me?
Thanks!!