Billing conditions

Publidisa's services will be provided to each publisher on the prior acceptance of a quote for the conversion to ebook of each title and a commision percentage for the sales management of the title on our electronic sales system or on the system chosen by the publisher. The quote for each publication is valid for 6 months.

Each production will yield bills or payments received directly at the bank account agreed by the publisher at the signing of the services contract. These bills or payments will be itemised and issued for the following:

-Procedures of conversion, encryption and incorporation of the publication in the electronic services agreed by the client. This is a payment which will only ever be applicable once for each publication and it is billed for after a quote is accepted by a client.

-Storage of a publication on Publidisa's ebook file server. This is payable
annually and depends on the quantity and size of each publication which the client has in storage. Payment for this service begins a year after the publication is first stored.

-Percentage of retail price (RP) of each publication for each sale made. There are two possible options for the payment of this percentage given that, the following systems are in place for the marketing of the publications:

- Sale through the web site Todoebook. An agreed percentage will be deducted from the RP of the titles sold and payment will be made in to the bank account given by the client.

- Sale through electronic sales systems developed by the client specifically for ebooks. The client will receive the agreed percentage of the RP in the bank account given for each of the titles sold.

In both cases Publidisa will send a weekly report to the client detailing all the downloads made of their titles. At the same time the client will have access to Publidisa's exclusive publisher site where online consultation can be made regarding information such as, titles listed, customer details and other information which is of interest to our client. Bills or payments will be issued for minimum amounts established according to bank charges.

The following diagram shows the processes which result in the issuing of a bill from Publidisa to the publisher's bank account.