What it says:
Exclusive Rights. Author hereby grants to the Company throughout the world in any and all languages for the full term of the copyright of the work:
Exclusive "Electronic Publication Rights" to the Work. For purposes of this agreement "Electronic Publication Rights" shall mean the right to reproduce, transmit, make available, display publicly, distribute, syndicate and publish the Work in any and all languages on the Internet, in magnetic, CD-ROM, optical, electronic, digital, and other machine and computer rendable forms and media now and hereafter known.
Exclusive film, television, video, DVD, and online video rights to the Work.
Exclusive 90-Day Rights. For a period of ninety (90) days after publication of the Work, exclusive right to publish the Work in any language in any and all media whether now known or hereinafter discovered or developed including anthology, collection, or compilation produced or authorized by the Company; it being understood and agreed that Artist shall not permit any other party to reproduce, publish, or use the Work in any form or media until the expiration of such exclusivity periods.
Non-Exclusive Rights. The Author hereby grants to the Company throughout the world in any and all languages for the full term of the copyright of the Work:
After the expiration of the exclusivity period set forth in the preceding clause, nonexclusive right to publish the Work in any and all media whether now known or hereinafter discovered or developed including any anthology, collection, compilation, or magazine syndication produced or authorized by the Company.
The Company may, by itself or through third parties, exercise the rights granted in this agreement.