

The Following Terms and Conditions apply unless illustrators immediately notified upon receipt of this agreement and alterations are agreed to by both parties in writing.
1. Terms of Payment: Client obligation is 50% of the full fee once sketch
work has begun, and 100% of the full fee once finish has begun, as well as
all fees and expenses incurred to date by Artist and/or Agent. Payment must
be within 30 days of invoice date. All fees and expenses are payable whether
or not illustration(s) are used by the client for the purposes granted
herein. An interest rate of 2% per month shall accrue on amounts unpaid
after 30 days.
2. Fees: Fees and expenses quoted apply to original layout and job
description only. Additional compensation may be required for subsequent
alterations, additions or schedule changes requested by client. Fees are
based on prompt Client response. Delays or postponements may require
rescheduling and/or additional fees and expenses.
3. Cancellation: In the event of Client's cancellation of assignment, all
fees and expense incurred to date are payable as stated above in " Terms of
Payment"
4. Right and ownership: Ownership of and all rights to the illustration(s)
belong to the Illustrator unless otherwise agreed. Rights to the
illustration(s) may not be released or assigned to any third party unless
illustrator agrees. The Client has the option to purchase all rights to the
original illustration(s).
5. Usage: Usage in Hong Kong only, unless otherwise agreed. Rights granted
herein are for 12 months from first publication. Additional Charges will be
made for usage not stated on the contract.
(1) (A) Asia and the Pacific (B)Europe (C)The Americans
50% of the full fee if used in one of the above areas;
75% of the full fee if used in two of the above areas;
100% of the full fee if used worldwide.
(2)30% of the full fee will be charged for usages after 12 months from first
publication.
(3)20-50% of the full fee will be charged for extra usages in other media
that have not mention before. |