Sample Translation Rights Licensing Agreement
The IBPA Member Benefit:
IBPA members can download a sample form for help developing a contract for licensing foreign and translation rights by a U.S. publisher to a foreign publisher when the U.S. publisher controls foreign and translation rights in a work.
In addition, any accounts that are forwarded to their Legal Management Division for suit are handled at 40% plus court costs.
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About the Sample Translation Rights Licensing Agreement:
The form has several blanks for various key terms (including advance, royalty rate, first printing, term, and territory) that will need to be negotiated by the parties, agreed upon, and filled in appropriately BEFORE signing.
All blanks must be filled in or crossed out.
Although many of the terms and conditions in the sample contract are fairly standard, every contract is subject to negotiation. In any case, you should satisfy yourself that the contract is suitable for your purposes before using it. Please be aware that IBPA is not in a position to offer legal advice, and you should consult with a publishing attorney of your choice to make sure that the contract is suitable.
This sample form has been prepared for use by IBPA as a sample form for foreign rights deals. You will see that it is set up as a blank form. It will need to be filled in and initialed on page 1 and page 7. Thus, for example, the language, territory, term, advance, and royalty rate(s) need to be negotiated and filled in. It is recommended that the contract be sent to the foreign publisher for signing and then returned to the U.S. publisher for counter-signing.
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