{"body":"
Agreement<\/strong><\/p>\n Welcome to itsmorethanatextbook.com. By developing an online text (“e-text”) with optional accompanying assessments as an “Author”, you agree to the following terms with itsmorethanatextbook.com,LLC (“Company”).<\/p>\n These Terms and Conditions are effective on January 1st, 2020, for current Authors, and upon acceptance for new Authors. You accept these Terms and Conditions by clicking the Submit button when registering as an Author or by continued use of this site to host your online text and assessments. We reserve the right to modify this Agreement at any time, and without prior notice, by posting amended terms on this website. Your continued use of the Company’s website to host your online text indicates your acceptance of the amended Terms and Conditions. <\/p>\n \n Ownership of the Online Text<\/strong><\/p>\n<\/strong><\/p>\n The text part of the online text and the accompanying exercises will be owned by the Author and accessible to users who pay a fee. <\/p>\n Term<\/strong><\/p>\n At any time, the Author has the right to give written notice to the Company, requesting that no future users may purchase the Author's textbook.\u00a0 Once all current paid courses are completed, links which allow the Author's textbook to be purchased will be removed. The Company reserves the right to remove the textbook from the system and\/or remove Author access to the system at any point if the Author incurs any kind of inappropriate, unprofessional, or illegal behavior.<\/p>\n All conditions and terms of this contract will remain in effect after termination, voluntary or otherwise.<\/p>\n Conditions to use the platform<\/strong><\/p>\n The platform is for use by Authors associated with Universities and Colleges. The courses for which the eTexts are to be\n used should have at least 100 students using the eText per year. If one of the above does not apply to you specifically, please\n contact us to see if specific arrangements can be made.<\/p>\n Benefits<\/strong><\/p>\n The Author can receive payments from students who purchase the e-text\/access to the assessment system (the cost of which is the “Price of the e-text”).<\/p>\n Payments will be made quarterly, with 1 month lags to account for refunds, to the Author. Up to the minute sales figures will be available to the author through the web platform.<\/p>\n The total monthly compensation will be determined as:<\/p>\n\n Per Unit e-text Compensation = Price of the e-text \u2013 50% processing costs \u2013 $30<\/strong><\/p>\n Price of the e-text<\/u>: This is decided by the Author, as long as the amount is between $30 and $60.\u00a0\u00a0 Role of the Company in the Development of E-text<\/strong><\/p>\n The full responsibility in the development of the online text and assessment questions lies with the Author. This includes developing the text, images, videos, as well as securing copyright permissions when appropriate. The Company will support the Author in technical matters through e-mail support, as well as help videos. At all times, the correspondences with the Company must be polite, professional, and courteous or the Company has the right to discontinue technical support.<\/p>\n Marketing of the E-text<\/strong><\/p>\n The e-text can be used by other instructors than the Author with compensation flowing back to the Author as described above. While completed e-texts can be listed on the Company's homepage, the Company is not required to actively market the e-text to other instructors. If the Company contracts a Third party to market the e-text in return for a portion of the each e-text's revenue, the Author and the Company will split the cost on a per e-text basis. As an example, if the e-text is sold for $60, and the marketer receives $5, then the Author and the Company will split the remaining $55.<\/p>\n Purchase of the Company by a Third Party<\/strong><\/p>\n In the event that the Company is purchased by a third party, the income structure as described above will not be changed in any way that reduces the current per unit compensation for the e-text<\/p>\n Taxation<\/strong><\/p>\n As per United States tax law, the Company will file a 1099 with the IRS for every author who earns more than $10 in a given year. To this end, the Company will request that the Author fills out a W-9 form after the Company sells access to the first e-text. Assuming that the Author submits the W-9 form to the Company, the Company will not withhold any federal or state taxes, social security, unemployment compensation from any payments made to the Author.\u00a0 The Author will then use a 3rd party to process the 1099 form, and the Author will receive a copy of the 1099 form for their annual filling.<\/p>\n
\n Processing costs<\/u>: This is the cost charged to the Company by its payment processor to process a credit card payment.
\n \n Co-Authors<\/u>: In the case of co-authors developing a textbook, the author compensation per textbook will be equally divided among all authors involved in the project.<\/p> \n