Should your proposal prove successful you will receive a contract (memorandum of agreement) detailing the terms and conditions, warranties and indemnities governing the agreement. It is your responsibility to protect your intellectual property, so check out everything with a fine toothcomb.
Note in particular those sections relating to potential avenues of income for your published work. These would normally appear under headings such as those listed below and would include royalty percentages:
Home hardback sales
Export and special discount hard back sales
Home trade paperback sales
Export and special discount trade paperback sales
Publisher's cheap editions
Editions licensed for manufacture to another publisher
Royalty-inclusive sales
Mail order sales
Premium sales
Book clubs
http://1st-creative-writing-course.com
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