Priority deductions. All deductions from the wages of employees now or hereafter required by law, deductions for monies due or owing to the Company and pension deductions shall be made by the Company from wages before deductions for Union dues.
Priority deductions. In most cases, some or all expense items shall be paid to 3rd parties by the PUBLISHER before the income from the sales of the Work can be distributed among the COPYRIGHT HOLDERs. Such expenses include but are not limited to items such as royalty payments to the original author, sales fees for the seller, and other expenses which must be paid in order for the sale of the Work to occur. Such expenses shall be considered an absolutely necessary cost of business, and may not be negotiated or refunded. The PUBLISHER reserves the right to decide on such items; however, all such items shall be either posted for or notified to the COPYRIGHT HOLDER for clarity and transparency, from the beginning to the end date of the payment via e-mail and/or the HT dashboard. The PUBLISHER shall not profit, in any way, from such expenses. Please see the below example (given for illustrative purposes only) for further explanation of the deduction amounts and priorities.
e.) Deductions before the payment to the COPYRIGHT HOLDER, Sold by Amazon North America, Original Author Present. $9.99 at Point of Sale of Work (Amazon N.A. charges 30% sales fee for book between the price of $2.99~$9.99; please note that sales tax and/or VAT may be calculated/collected/submitted separately from the below calculation, according to local tax laws) Priority #1: Amazon N.A. ➔ $9.99 – $3.00(30% of $9.99) = $6.99 Priority #2: Royalty to the original author ➔ $6.99 - $2.10(30% of $6.99) = $4.89 Priority #3: Other Expenses ➔ $0.00 Amount to be distributed among COPYRIGHT HOLDERs ➔ $4.89 Priority #4: 30% of Royalty for Translation ➔ $4.89 X 30% = $1.47 Per unit sold (1,000 units sold per month shall pay 3. INITIAL % + AMOUNT OF ROYALTY, AND ADDITIONAL AMOUNTS Although the amount may vary from month to month depending on the sales volume, there may be an additional amount newly added in the payment. The COPYRIGHT HOLDER shall be notified via email within 30 days of such change. The COPYRIGHT HOLDER may request further details regarding such changes in writing, and the PUBLISHER shall provide a response with full details regarding the change in the amount, within 30 days of such a request. Additional amounts may include, but are not limited to, the income generated from publishing, republishing, using, reusing, and reproducing the Work, such as promotional and derivative products as well as NFT sales.
