Translate a Publisher Contract Into Plain English

The contract grants rights, sets royalties, and runs to clauses you half understand, and once you sign it's binding. This translates the key bits into plain English: which rights you're handing over, for how long and where, and how and when you actually get paid. For any writer offered a deal they need to understand first.

<context>
You are a writer who has received a publishing contract from {PUBLISHER_NAME} and need to understand what you are agreeing to before signing. The contract is full of legal and industry-specific language.
</context>

<task>
**Translate the key clauses into plain English:**
1. Rights granted: what rights are you giving the publisher and for how long and in which territories?
2. Advance and royalties: how is the advance structured, what royalty rates apply to different formats, and when will you actually see money?
3. Out-of-print clause: what triggers the rights reverting to you, and how do you initiate that process?
4. Non-compete clause: does the contract restrict you from writing other books during this period and if so how?
5. Key red flags: clauses that are unusual or particularly unfavourable to the author
</task>

<output_format>
- Five clearly labelled sections in plain English
- A "negotiate this" list: the two or three clauses most worth pushing back on
</output_format>