Hi,
My apologies, if my question needs to be in another forum section, as I didn't think the others related to my topic, but hopefully this is the right section of the forum to ask this question.
I signed a contract with a publisher a couple years back, and this is one of the clauses in it below. I want to know whether my understanding of it is correct. I understand from reading it, that if I wanted to get out of my contract, I can send a notice of intention to break the contract as I do not want the publisher to continue publishing my book. It is only available in some stores and primarily is Amazon available. Is my understanding correct or is there no out for me until the the period the contract expires?
Thank you.
15. Reversion of Rights
If at any time the Publishers allow the Work to go out of print or off the market in all printed editions issued by the Publishers or authorised by them and if within twelve months of having received a written request from the Author to,do so they have not reprinted and placed on the market a new edition or authorised the same then all rights granted under this Agreement shall forthwith and without further notice revert to the Author without prejudice to all rights of the Publishers in respect of any contracts or negotiations properly entered into by them with any third party prior to the date of such reversion and· without prejudice to any moneys already paid or then due to the Author from the Publishers. Should the Publishers at any time by themselves or anyone acting on their behalf fail to comply with any of
the clauses or conditions set forth in this Agreement within six months after written notice from the Author to rectify such failure, or should the Publishers go into liquidation other than voluntary liquidation for the purpose of and immediately followed by reconstruction, then in either event all rights granted under this Agreement shall revert to the Author forthwith and without furthe-r notice, without prejudice to all rights of the Publishers in respect of any contracts or negotiations properly entered into by them with any third party prior to the date of such reversion, without prejudice to any claim which the Author may have for damages or otherwise and without prejudice to any moneys already paid or then due to the Author from the Publishers.
My apologies, if my question needs to be in another forum section, as I didn't think the others related to my topic, but hopefully this is the right section of the forum to ask this question.
I signed a contract with a publisher a couple years back, and this is one of the clauses in it below. I want to know whether my understanding of it is correct. I understand from reading it, that if I wanted to get out of my contract, I can send a notice of intention to break the contract as I do not want the publisher to continue publishing my book. It is only available in some stores and primarily is Amazon available. Is my understanding correct or is there no out for me until the the period the contract expires?
Thank you.
15. Reversion of Rights
If at any time the Publishers allow the Work to go out of print or off the market in all printed editions issued by the Publishers or authorised by them and if within twelve months of having received a written request from the Author to,do so they have not reprinted and placed on the market a new edition or authorised the same then all rights granted under this Agreement shall forthwith and without further notice revert to the Author without prejudice to all rights of the Publishers in respect of any contracts or negotiations properly entered into by them with any third party prior to the date of such reversion and· without prejudice to any moneys already paid or then due to the Author from the Publishers. Should the Publishers at any time by themselves or anyone acting on their behalf fail to comply with any of
the clauses or conditions set forth in this Agreement within six months after written notice from the Author to rectify such failure, or should the Publishers go into liquidation other than voluntary liquidation for the purpose of and immediately followed by reconstruction, then in either event all rights granted under this Agreement shall revert to the Author forthwith and without furthe-r notice, without prejudice to all rights of the Publishers in respect of any contracts or negotiations properly entered into by them with any third party prior to the date of such reversion, without prejudice to any claim which the Author may have for damages or otherwise and without prejudice to any moneys already paid or then due to the Author from the Publishers.
