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Do any of you agented authors have a Collaboration Clause of sorts in your author agreement or contract (with your agent)?
I'm just trying to figure out what to do here because mine does not have one (I have not signed yet, just reviewed it this week) and I am actually working on a collaborated project (which has until now been separate from my agent - it just recently happened and I've just informed him of it now that it seems like it may actually have a shot). So since I actually have something in the works, it seems like it definitely needs to be addressed.
However my one agented friend that does have a collaboration clause in her agreement, the clause states that the agent gets 15% of the entire deal, not 15% of her part of the deal...which makes sense, but in my case I'm sure my collaborator (who has most of the contacts and relationships and has thus far done that part of the hard work) would not be okay with that deal and it could easily end up sticking me with paying 30% of my half of the deal to cover the full 15%...which is...A LOT.
Any thoughts?
Of course I've asked my agent directly about this and I'm sure he'll get back to me on it shortly, but I just wondered what you guys thought or if you had any experience with it?
I'm just trying to figure out what to do here because mine does not have one (I have not signed yet, just reviewed it this week) and I am actually working on a collaborated project (which has until now been separate from my agent - it just recently happened and I've just informed him of it now that it seems like it may actually have a shot). So since I actually have something in the works, it seems like it definitely needs to be addressed.
However my one agented friend that does have a collaboration clause in her agreement, the clause states that the agent gets 15% of the entire deal, not 15% of her part of the deal...which makes sense, but in my case I'm sure my collaborator (who has most of the contacts and relationships and has thus far done that part of the hard work) would not be okay with that deal and it could easily end up sticking me with paying 30% of my half of the deal to cover the full 15%...which is...A LOT.
Any thoughts?
Of course I've asked my agent directly about this and I'm sure he'll get back to me on it shortly, but I just wondered what you guys thought or if you had any experience with it?
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