Sample Contract Clause
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What it says:
The Author hereby grants and assigns exclusively to the Publisher all rights in the Work, including book publication rights and the right to fully develop the Work in all languages throughout the World for the full term of copyright (under current or subsequent copyright laws). Such rights shall include, but are not limited to the right to print, publish, license, distribute, and/or market, either directly or where applicable by third parties, any marketable right associated with the Work.
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What it means:
This is a contract for publication of an article in a newspaper or magazine. It gives the publisher all the author's rights in the work, including the right to turn the article into a book, all foreign languge rights, and any other conceivable way of making money from the article, anywhere in the world, for as long as the copyright lasts.
