Sample Contract Clause
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What it says:
To the extent permitted by applicable law, you grant all of the foregoing rights irrevocably, and free of royalty or other participatory claim. The [publisher] may transfer, assign, or sublicense these rights without further permission from you.
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What it means:
This is a contract for an academic journal. It means that whatever rights the author gave up are granted forever, and the publisher doesn't have to pay anything for the rights. The contract also allows the publisher to transfer any or all of the rights it has under the contract to anyone else without asking or paying the author.
