What is the meaning of "for the term of" in this sentence?

I'm not a lawyer, but in plain English it means that whatever right is being discussed lasts until the end of the period of the copyright. When the copyright ends, so does the right.

For example, the author has the right to be paid every time somebody publishes his book. That's the point of having a copyright. That right to be paid runs out as soon the copyright on his book runs out-copyrights don't necessarily last forever.

Thanks a lot. I thought the sentence means the aforementioned right expires along with the copyright too, but I was just not so sure since I myself won't express the same meaning this way. Thanks again!

A term in this context is a period of time.