Royalties Payment:

• For each wholesale print copy sold, the author will receive 100% of the Royalties Profit, calculated as the difference between the Base Price and the Wholesaler’s Price, after deducting shipping, handling, and processing fees.

• Royalties will be calculated quarterly and disbursed via check, approximately four weeks after the end of each quarter.

• The author’s payment will be sent to the address provided in this agreement.

• If the author does not cash the check within 90 days of issuance, the bank will cancel it, and a $25 administrative fee will apply if the author requests a replacement check.

• It is the author’s responsibility to maintain an updated address on file. If a royalty check is returned as undeliverable due to an outdated address, it will be reissued within 90 days upon the author’s request (administrative fees, as defined herein, will apply).

• Any royalties that remain unclaimed for two years will become the property of Quipper Prints.

Author as Publisher:

• If the author chooses to be listed as the Publisher, royalties will be directly deposited into the author’s bank account, and Quipper Prints Services will not mail a physical check.