I first started hearing about Curiosity Quills Press in 2016, because of its unusual early termination fees. Not that early termination fees themselves are unusual (unfortunately): I see them fairly often in contracts I'm asked to evaluate (and they are always a red flag; here's why).
What makes CQ's fees unusual is that they're part of an annual event. This is outlined on CQ's website, and also in its contract:
On the surface this may seem like a publisher being flexible and author-friendly--a get-out-of-jail-if-not-exactly-free procedure that authors can follow in a guaranteed and orderly manner. In fact, such provisions often work to the detriment of both authors and publishers--publishers because escape clauses may incentivize early departure, including by authors they'd rather keep; and authors because the costs can be enormous (not to mention unverifiable, if the publisher charges a flat fee or provides no supporting invoices). Plus, publishers can and do abuse termination fees--for instance, by terminating the contracts of writers who've pissed them off and demanding the fee even though termination wasn't the writer's decision.






