Consumer Law, Warranties What Does Contingent Compensation Mean?

[Virgil27]

A comic book property I wrote is being acquired by a company, and the contract reads "Contingent Compensation: Fifty percent of the gross sums actually received by Z2H from its sale, license and other exploitation of the Book throughout the world in all media."

Mainly, I just want to make sure I'm fairly compensated, and this sounds good to me. But since I'm giving them rights to both the book and future works in other media, I want to make sure there isn't legalese loopholes to be aware of.

Any help is greatly appreciated.

 

[unclemoon]

Without the entire contract, it's tough to tell. Based on the passage you gave us, it appears you'll be entitled to 1/2 of the gross sales of anything related to your work.