The publisher pays the royalties no later than six months after the accounts are closed, unless otherwise agreed in the binding agreement referred to in article L. 132-17-8.
If the publisher has not complied with its obligation to pay the royalties within the time limits stipulated in the first paragraph of this article, the author has a period of twelve months in which to give formal notice to the publisher to do so.
If this formal notice is not acted upon within a period of three months, the contract is automatically terminated.