Terms and Conditions for the Mediation of Royalties

LICENSE AGREEMENT FOR ROYALTY DISTRIBUTION

By accepting the terms contained in this document, you fully acknowledge and agree to all the rules described below, which apply to your entire navigation and all materials (books, documents, presentations, and other files) that you register on the website www.literaryhighways.com. This website is legally represented by Pensática Unipessoal Lda., headquartered at Rua Luis António Verney, 154 - São Domingos de Rana - Cascais - Lisbon District, Portugal, with Tax ID number 517215560. The terms below refer to the website www.literaryhighways.com and its legal representative, hereinafter referred to as the WEBSITE, and to you, hereinafter referred to as the AUTHOR.

NATURE OF THE RELATIONSHIP

The WEBSITE's sole and exclusive function is to facilitate the distribution of royalties between the AUTHOR and the general public.

CLAUSE ONE: As the holder of the royalties for the publication, reproduction, and commercialization of all files published by the AUTHOR on the WEBSITE, the AUTHOR grants the WEBSITE, for an indefinite period, the right to make all works registered on the WEBSITE available for publication and commercialization in printed and/or digital form over the worldwide web (Internet).
§ Paragraph One: The AUTHOR may request the distribution of their work through the WEBSITE's partner channels, such as bookstores and marketplaces, at the time of publication. However, the actual display and commercialization of the work in these channels will depend on the timelines, acceptance, and interest in maintaining the work by each channel, which may take into account technical specifications, content, subject matter, financial policies, or commercial expectations in their decisions.
§ Paragraph Two: The AUTHOR has the unrestricted authority to terminate the applicability of this agreement to any of their works by personally removing it using the tools available on the WEBSITE. The WEBSITE has a maximum period of 60 (sixty) days to deactivate the sale of the work from its virtual catalog and to request the deactivation of its sale from the catalogs of associated distribution channels, which may deactivate the sale in accordance with their own regulations unless protected by the provisions of Paragraph Three of this Clause. The terms of this agreement will remain in effect until the end of the stated period.
§ Paragraph Three: If an associated channel has purchased one or more copies of the work for resale during the period when the authorization was valid, the AUTHOR guarantees and agrees that the channel has the right to commercialize it until its stock is exhausted. The AUTHOR will be remunerated according to the payment policy set forth in Paragraph Two of Clause Two.
§ Paragraph Four: Should the AUTHOR request the cancellation of their registration, the AUTHOR is obligated to remove all active publications on the Literary Highways WEBSITE. If there are pending royalties, the WEBSITE will settle the balance by the fifth business day of the month following the month in which the payout request is made.

SECOND CLAUSE: The AUTHOR independently determines how much they wish to receive per sold copy of each file registered on the WEBSITE, using the tools available on the WEBSITE.
§ First: Books sold directly through the WEBSITE will earn the AUTHOR exactly the royalties specified at the time of publication.
§ Second: Books sold through channels or stores, distributed by the WEBSITE with the AUTHOR's authorization, will earn the AUTHOR royalties of 20% (twenty percent) of the price paid for the sale in question, based on the sale price valid at the time of the book's sale by the partner where the sale took place. This will reflect any potential price adjustments as described in the fourth paragraph of this clause. All sales made through these channels or any Literary Highways partner and/or international channel will be reported to the AUTHOR within 90 (ninety) days from the purchase date on the respective channel via the royalties report available on the WEBSITE.
§ Third: Books marketed through subscription or lending services by stores affiliated with the WEBSITE will yield the AUTHOR 50% (fifty percent) of the total amount actually paid by each store to the WEBSITE. This will be calculated based on the percentage of the book read (for e-books) or listened to (for audiobooks) in proportion to the store's total book base read.
§ Fourth: Printed books sold outside their country of publication will be dynamically re-evaluated by the Literary Highways system based on local costs (in the country where they are printed and produced) and an analysis of average local book prices. All book sales outside their country of publication will earn the AUTHOR royalties of 20% (twenty percent), following the same rules applicable today to sales in bookstores and channels.
§ Fifth: The AUTHOR may request the payment of amounts corresponding to their royalties directly through the WEBSITE once they reach a minimum cumulative amount of €10 (ten euros). Payment will be made to the bank account provided by the AUTHOR during registration. Payments will always be made on the fifth business day of the month following the month in which the request was made.
§ Sixth: In the event of the cancellation of one or more purchases (at the cardholder's request, claiming fraud), the corresponding royalties will not be paid. Similarly, if there are valid reasons to suspect fraud related to one or more purchases, these will be canceled, and the corresponding royalties will not be paid, with refunds being processed.
§ Seventh: In case of payment reversals due to incorrect or missing bank details, the AUTHOR must correct the relevant information and notify Literary Highways. For a new payment, the amount will be credited within 10 business days following the AUTHOR’s request via the support channel, unless this request is made after the 25th of any given month. In this latter scenario, payment will automatically occur on the fifth business day of the following month, provided that the AUTHOR has communicated the update so that their balance is included in the next month's payment report.

THIRD CLAUSE: The WEBSITE reserves the right to reject the work submitted for publication or to remove it from its virtual catalog whenever deemed necessary according to its commercial policy, as well as to terminate the commercial relationship with the AUTHOR without directly informing the AUTHOR.

FOURTH CLAUSE: By accepting this agreement, the AUTHOR guarantees that all files and records registered on the WEBSITE originate from them and that they bear full responsibility towards third parties, whether moral or financial, due to their content. The AUTHOR also declares that the work contains no defamatory or libelous statements and does not infringe upon third-party intellectual property rights, thereby releasing the WEBSITE from any direct liability for the AUTHOR's actions in this regard.
§ First: The AUTHOR guarantees they are aware that no changes or modifications will be made to the file registered on the WEBSITE during or after publication. Thus, the printing of published books, if selected, will be entirely faithful to the file registered on the platform without any intervention, analysis, or editing.

FIFTH CLAUSE: The AUTHOR agrees to notify the WEBSITE of any changes to their banking information and/or address for receiving notifications, correspondence, and communications regarding the payment of publication royalties.

SIXTH CLAUSE: This contract is binding on the parties, their heirs, and successors in accordance with applicable law.

SEVENTH CLAUSE: Any breach of the clauses of this contract entitles the non-breaching party to terminate it.

EIGHTH CLAUSE: For operational reasons, outsourcing of services, or management decisions, the WEBSITE and its services may experience interruptions, technical failures, or temporary or permanent disruptions. The WEBSITE is fully exempt from any liability for damages caused by a temporary or permanent interruption of its services.

NINTH CLAUSE: The tolerance of a breach of any of the clauses and conditions of this contract does not constitute a waiver of the obligations established herein and does not prevent or hinder their enforceability at any time. This instrument represents the entire agreement between the parties and supersedes any agreements previously signed.

TENTH CLAUSE: Waiving any other, even if privileged, the central forum of Lisbon, Portugal, is chosen for the resolution of disputes arising from this contract.