24/7 Course Authoring Agreement:
Please complete the Course Development/Design Agreement.
24/7 Course Authoring Agreement: Printable Version
THIS AGREEMENT is made and entered into the day listed above by and between (hereinafter "24/7 Education Inc, or Publisher."), a corporation with its principal place of business at 105 West 125th St - Front 1 #1221, New York, NY, 10027, United States, and the party named above (hereinafter "Designer"), an individual or company residing at the address listed above.
GRANT OF RIGHTS: The Designer unequivocally confers upon the Publisher, for the entire duration of the copyright and any ensuing extensions and renewals, the exclusive authority to replicate, circulate, and commercialize the educational course created by the Designer in perpetuity. (hereinafter "the Course").
DELIVERY OF THE COURSE: The designer agrees to deliver the complete Course to the Publisher on or before the assigned and agreed-upon due date. The Course shall be in a form suitable for reproduction with no further work needed by Publisher.
ROYALTIES: The Publisher agrees to pay the Designer or Designers a base royalty of 50% of the gross revenues received from the sale of the Course, minus operational fees. Operational fees include, but are not limited to, server costs, payment processor fees, and marketing expenses.
1. Multi-Designer Projects:
If multiple Designers contribute to the creation of a Course, royalties will be distributed as follows:
Primary Creators: Designers who contribute more than 75% of the Course’s content will share the royalty equally.
Primary Project Lead: A Designer who leads more than 50% of the Course creation will receive an additional 5% of the total royalties, allocated from the overall royalty pool prior to distribution among other Primary Creators.
Designers must maintain detailed records of their contributions to determine the appropriate allocation of royalties.
2. Revenue Give-Back Model: The Designer will have the opportunity to earn higher revenue shares as the Course generates more revenue:
Milestone 1: Upon reaching $10,000 in cumulative revenue, the Designer’s royalty rate will increase to 55%.
Milestone 2: Upon reaching $20,000 in cumulative revenue, the Designer’s royalty rate will increase to 60%.
3. Referral Bonuses: Designers will earn a 10% referral bonus on any direct sales generated through their unique referral link. This bonus will be calculated in addition to the standard royalty.
4. Royalties will be disbursed quarterly, accompanied by a comprehensive sales report detailing gross revenues, deductions (including operational fees), and net royalties due. Payments will be made on the 15th of the first month of the next quarter for the prior quarter’s locked-in royalties.
5. Exclusions: Royalties will not be paid on customer action reversals, including cancellations, refund requests, or instances where no payment was received from the customer.
COPYRIGHT: The Designer warrants that they are the primary or sole author of the Course, that they own the rights granted under this agreement, that the Course is original, and that it does not infringe upon any statutory copyright or upon any common law right, and does not violate any right of privacy.
REVISIONS: If the Publisher requests revisions to the Course, the Designer agrees to complete such revisions within 10 business days.
TERM AND TERMINATION: This Agreement shall commence on the date first above written and shall continue in force and effect until terminated by either party upon 45 days’ written notice.
GOVERNING LAW: This Agreement shall be governed by and construed in accordance with the laws of the state of New York.
INDEMNIFICATION: The Designer agrees to indemnify and hold harmless the Publisher against any loss, damage, claim or liability, including reasonable attorney's fees, arising out of or in connection with any breach of the warranties given by the Designer in this Agreement.
DISPUTE RESOLUTION: In the event of a dispute, claim, or disagreement arising from or relating to this Agreement, the parties agree to use their best efforts to settle the dispute in an amicable manner.
ASSIGNMENT OF RIGHTS: This Contract, or the permissions bestowed within it, cannot be allocated, sold, rented out, or otherwise transferred entirely or partially by the author without explicit approval from the publisher.
CONFIDENTIALITY: Both parties agree to keep all aspects of this agreement and related business information confidential and not to disclose such information to any third party without the other party's express written consent.
NON-COMPETITION: The Designer agrees not to design a similar course for a competing publisher during the term of this Agreement and for a period of one (1) year following its termination or expiration.
QUALITY CONTROL: The Publisher reserves the right to maintain a certain level of quality in the Course and may require the Designer to make changes as needed to meet those quality standards.
MARKETING AND PROMOTION: Both parties agree to collaborate in promoting the Course to maximize its reach and success.
1. Designer’s Promotional Efforts: The Designer will be provided with a unique 24/7 discount code and referral link to track sales generated through their promotional efforts.
• The Designer will receive a 10% referral bonus on net revenue from sales made using their unique promotional link or discount code. Net revenue is calculated after deducting operational fees such as taxes, transaction costs, and refunds.
2. Publisher’s Role: The Publisher will actively market the Course through its platforms, advertising channels, and partnerships to ensure visibility and maximize sales potential.
3. Collaboration: Both parties agree to coordinate on promotional strategies, where feasible, to enhance the Course’s marketability and sales performance.
INDEPENDENT CONTRACTOR: The Designer is an independent contractor of the Publisher (Us), and this Agreement shall not be construed to create any association, partnership, joint venture, employee, or agency relationship between Designer and Publisher for any purpose. Designer has no authority (and shall not hold itself out as having authority) to bind Publisher, and Designer shall not make any agreements or representations on Publisher's behalf without Publisher's prior written consent. Without limiting the above,the Designer will not be eligible to participate in any vacation, group medical or life insurance, disability, profit sharing or retirement benefits, or any other fringe benefits or benefit plans offered by Publisher to its employees, and Publisher will not be responsible for withholding or paying any income, payroll, Social Security or other federal, state or local taxes, making any insurance contributions, including unemployment or disability, or obtaining worker's compensation insurance on Designer's behalf. Designer shall be responsible for and shall indemnify Publisher against, all such taxes or contributions, including penalties and interest. Designer shall be solely responsible for all costs or expenses that it may incur in performing its activities under this Agreement.
FORCE MAJEURE: Neither party will be liable for any failure or delay in performance under this Agreement due to causes beyond its reasonable control.
SEVERABILITY: If any provision of this Agreement is found by a competent court to be invalid, the invalidity of such provision shall not affect the validity of the remaining provisions of this Agreement, which shall remain in full force and effect while the parties agree to negotiate in good faith to replace the invalid provision with one that achieves as closely as possible the intended purpose of the original provision.
ENTIRE AGREEMENT: This Agreement contains the entire agreement of the parties and there are no other promises or conditions in any other agreement, whether oral or written. This Agreement supersedes any prior written or oral agreements between the parties.
TERMINATION FOR BREACH: Either party may terminate this Agreement in the event of a material breach by the other party. The non-breaching party must provide the breaching party with written notice of the breach and a reasonable period of not less than 45 days to cure the breach. If the breaching party fails to cure the breach within this period, the non-breaching party may terminate this Agreement with immediate effect.
WARRANTIES AND REPRESENTATIONS: Each party represents and warrants to the other that: (a) it has the full right, power, and authority to enter into and perform its obligations under this Agreement, (b) the execution of this Agreement does not and will not violate any other agreement to which it is a party, and (c) this Agreement constitutes a legal, valid, and binding obligation when signed by both parties.