VII. To give to the Author[17] ... copies of said Work, and to sell to him further copies for his personal use at the trade[18] price.
VIII. No payment shall be made by the Publishers for permission gratuitously given to publish extracts from said Work to benefit the sale thereof; but if the Publishers receive any compensation for the publication of extracts therefrom, or for serial use after publication in book form, or for translations, or abridgments, such compensation shall be equally divided between the parties hereto.
IX. If the publishers receive any compensation for rights of dramatization, moving-picture rights,[19] or first serial rights, such compensation shall be divided in the proportion of[20] ... to the Author, and ... to the Publishers.
X. To submit statements of sales as of the second Monday in January [and the first Monday in July],[21] on April 1st (and October 1st respectively) in each and every year, and to settle for the same in cash on the first of every May (and the first of every November), respectively following.
FIFTH: It is further covenanted and agreed by and between the parties hereto as follows:
_A._ If at any time during the continuance of this agreement the Publishers wish permanently to discontinue the publication of said Work, they shall notify the Author in writing, mailed to his latest-known address, and for thirty days thereafter he shall have the option or right to buy from the Publishers all copies on hand at the cost of manufacture, and (should these not have been destroyed by fire or otherwise) stamps and electrotype plates if any, at one-third their cost to the Publishers, paying in addition for engravings of the illustrations, if any, twenty-five cents per square inch of each plate, and upon the failure of said Author to exercise this right or option, by paying for the same in cash within said time, said Publishers shall dispose of the same as they may see fit without any commission or percentage whatsoever, and this contract shall forthwith cease and determine.
_B._ If, after the publication of any edition of said Work, the plates be rendered useless by fire or otherwise, the Publishers shall have the option of reproducing them or not; and if they shall decline to reproduce them, then, after the sale of all copies remaining on hand, they shall, upon written request, reconvey to the Author the copyright and all rights herein granted, and this contract shall terminate. No insurance shall be effected by the Publishers for the Author.