ImBloo Why did you think i did not read the whole thing . I even post the link so people can check it.
I agree with the interpretation of the second paragraph, I did not say anything in the contrary at all. I think you misunderstood me there.
However, I don't agree with your intepretation of paragraph one. You are just assuming that the second paragraph is talking about your submitted material when in fact is talking about derivative rights from your submitted material which is not the same. That's why there is two different paragraphs talking about it. What you are talking is said here:
By submitting materials to us, you grant to Amazon.com and its affiliated companies a worldwide, royalty-free license (which we may exercise only in connection with our promotion and distribution of your products) to do the following:
Make reasonable modifications to the submitted materials. For example, Amazon.com may excerpt textual materials and may change the size or otherwise enhance (tilting, shading, etc.) graphical materials.
Use, copy, and distribute materials and modifications for our internal business purposes.
Use, copy, distribute, and display materials and modifications on the Internet and on other means of electronic or digital commerce.
Use all trademarks and trade names associated with the materials.
BUT WHAT I AM TALKING ABOUT IS THIS OTHER PARAGRAPH
This license will continue in perpetuity, unless either party terminates it by giving the other party thirty days' prior written notice. You will retain all intellectual property rights you may have in submitted materials. Subject to those rights, Amazon.com will be the exclusive owner of any permitted modifications that it may create.
As you can see, it does not mention promotion or advertising here in this apragraph. And it specifically says that they are the exclusive owner (not you) of permitted modifications.
So, as long they do a derivative work of your submmited materials before the 30 days notice end, they will retain all rights about that derivative work (not your original submmited material). That's what I was talking about.