I was recently contacted by an agent concerning my first book that I have written. I wrote the book but did receive ideas, comments and critiques from one of my friends during weekly brain storming sessions. We have a friendship agreement to split any profits 50/50, minus expenses, I have but I feel like I need some type of contract signed before I send out my proposal to the agent later this week. I was wondering if there was a website with example contracts I can pull from and get this taken care of.
Thank you for your time. Your weekly newsletter is very helpful and informative.
When I co-authored a book, my agent provided the co-authoring contract. But, yes, you should protect yourself now. And, you should agree to split the profits AND the expenses 50/50. There is an article (and a contract sample) about this topic here: http://www.marketingpower.com/content2116.php