Subsidy publisher book contracts from outfits like iUniverse, AuthorHouse and Xlibirs, may outwardly
resemble trade publishing contracts, but there's no reason you should be giving away any rights at all when you're paying them to publish the book.
One thing that should be included in
any trade publishing contract is an advance against royalties.
Trade publishing contracts, and especially the contracts larger publishers use, often set different royalty rates for various other formats, territories, terms of sale, and channels of distribution.
I agree with everything, especially # 10 and have already decided I won't ever take
a trade publishing contract without that.
However, it's also much, much easier to go indie than it is to get an agent and
a trade publishing contract at a large house.
Rasana: My story is a little different and that I did have
a trade publishing contract.