The literary agency agreement is usually for a term of a few years and states that during the term of working together, the literary agency is entitled to its commission on deals the agency performs for the client.
Not exact matches
This is a pitfall our
literary agency has avoided in most instances by having things such as the mandate to publish within a certain timeframe, along with the format of the book written into the
agreement with publishers.
This site, co-founded and maintained by award - winning author Victoria Strauss, is sponsored by the Science Fiction and Fantasy Writers of America and has a wide array of information on all forms of scams, ranging from vanity / subsidy publishers and
literary agencies to red - flagged clauses and contractual
agreements authors should steer clear of.
Most book agents have two different
literary agency commission percentages that they put in their standard author / agent
agreement.
Some individual
literary agents might be the exception to the rule, though, so it's not unreasonable to ask to not have to sign an
agency agreement, or at least be able to comment / request changes within an
agency agreement.
Some
literary agencies include in their author - agent
agreements or in the book publishing contracts they negotiate an «interminable
agency» clause.