This letter of agreement sets forth the services to be provided by Self Publishing Inc. at the fulfillment center in Brainerd, Minnesota operated by Bang Fulfillment, a division of Bang Printing. Self Publishing, Inc. (“SPI”) and Publisher (“Publisher”) and the terms and conditions of our agreement.
SPI agrees to provide the following services with respect to distribution of the title(s) published by Publisher, with prices for these services reflected on website SelfPublishing.com:
Storage of inventory
Picking and packing of orders
Shipment of orders
Terms and Conditions
Publisher is responsible for order taking and customer service functions. Publisher will create an electronic version of each order via SPI’s interface. Each order will include the shipping method to be used and any packing lists or details needed to fulfill the order.
Publisher is responsible for invoicing and collections from customers.
Publisher will handle returns requests from customers and all returns will be returned to the Publisher, not SPI.
SPI will fill all orders received electronically from Publisher within 2 business days of receipt.
SPI agrees to create 2 copies of the picking/packing slip with the first copy enclosed with the customer order and the second copy maintained by SPI.
SPI will ship orders pursuant to the instructions from Publisher.
SPI will provide electronic shipping confirmation to Publisher.
Term. The term of this agreement is either six months or twelve months from the date mutually agreed between the parties for commencement of the services, subject to earlier termination upon 60 days written notice if either party materially breaches its obligations under this agreement.
Payment Terms. SPI will notify Publisher via email each week for one month prior to renewal date. If Publisher does not pay renewal fee for six or twelve months within 60 days of the renewal date, all books become the property of SPI and SPI may destroy or sell the books.
Inventory Shrinkage. SPI will be allowed an inventory shrinkage allowance of 1% in the first year of the agreement and 1% in subsequent years to cover concealed shipping damage, quality issues related to printing or binding, and inventory damaged in the warehousing process.
Risk of Loss. Publisher will bear the risk of loss of any inventory stored at SPI and will insure the inventory as it deems appropriate.
Termination. Upon the expiration or termination of this agreement, SPI will assemble and package all remaining inventory for return to Publisher and Publisher agrees to pay a reasonable packaging and assembly fee, as well as all shipping costs for return of such inventory.
Entire Agreement. This agreement is the entire agreement between the parties, and supersedes all prior oral or written agreements, understanding or proposals. The agreement may not be modified except by a written document signed by both parties.
Self Publishing Inc.
51 East 42nd Street
New York, NY 10017