This Royalties & Payment Policy outlines how Bookbins Private Limited handles author royalties, payment schedules, reporting, and related financial matters. Transparency and fairness are at the core of our author agreements.

• Royalty rates and structures are individually negotiated and clearly documented in the Publishing Agreement prior to publication • Bookbins offers royalty rates that are competitive and often higher than traditional industry standards • Royalties may differ based on: - Format (print, eBook, audiobook) - Distribution channel (direct, marketplace, bulk) - Publishing model (traditional, hybrid, custom) • All applicable rates are disclosed transparently before signing any agreement

• Royalties are typically paid on a quarterly or half-yearly basis, as defined in the individual Publishing Agreement • Payment cycles begin after the first complete royalty period following publication • Minimum payout thresholds may apply (details provided in the agreement)

• Authors receive periodic sales reports corresponding to each royalty period • Reports include units sold, revenue generated, applicable deductions, and royalties payable • Bookbins is committed to transparent and verifiable reporting • Authors may raise queries regarding sales reports within 30 days of receiving them

The following may be deducted before royalties are calculated: • Returns or unsold inventory (where applicable) • Platform or marketplace commissions • Production cost recovery (in applicable publishing models) • Taxes as required by law All deductions will be clearly stated in the royalty statement.

• Royalty payments are made via bank transfer (NEFT/RTGS/IMPS) or other agreed upon payment methods • Authors must provide accurate bank account details for payments • International payments may be subject to additional processing fees and exchange rate differences

If an author believes there is an error in their royalty statement: • The issue must be raised in writing within 30 days of receiving the statement • Bookbins will investigate and respond within a reasonable timeframe • Disputed amounts will be held in abeyance until resolution

Bookbins reserves the right to revise this policy at any time. Authors will be notified of any significant changes affecting existing agreements. Changes will apply prospectively unless otherwise stated.