These 12 contracts are synthetic, from the repo's corpus, and were reviewed with the offline rules extractor, not a model, at commit 86f7af4. Source on GitHub
ASC 606 review. 1 matter for judgment, 0 failed checks.
The contract contains variable consideration: late delivery penalty, milestone bonus. No ceiling was found for any of them.
Delivery Incentive If cutover is achieved on or before January 31, 2026, Customer shall pay Nimbus an additional fee of USD 30,000.3 Delivery Incentive · p.1
If cutover is achieved after February 28, 2026 for reasons attributable to Nimbus, the fixed fee shall be reduced by USD 2,500 for each complete week of delay, up to a maximum reduction of USD 25,000.3 Delivery Incentive · p.1
Why this is not answered here: How much variable consideration to include requires an estimate of the probability of a significant reversal, which draws on the entity's own history with similar contracts.
| Check | Result | Detail |
|---|---|---|
| Both parties identified | passed | Nimbus Analytics, Inc. contracting with Tessellate Media LLC. |
| Effective date identified | passed | Effective 2025-08-04. |
| Currency identified | passed | Amounts are stated in USD. |
| Fee schedule foots to the stated total | not applicable | No stated total, or no priced obligations, to compare. Common in master agreements and in documents that set out fees in prose rather than a schedule. |
| Every obligation carries a price | not applicable | No performance obligations were identified in this document. |
| Recognition pattern evidenced for each obligation | not applicable | No performance obligations were identified in this document. |
No performance obligations were identified in this document.
| Term | Type | Cap | Fixed by the contract |
|---|---|---|---|
An additional fee is payable if a delivery date is met.
Delivery Incentive If cutover is achieved on or before January 31, 2026, Customer shall pay Nimbus an additional fee of USD 30,000.3 Delivery Incentive · p.1 |
milestone bonus | none stated | no |
The fee is reduced for each period of delay.
If cutover is achieved after February 28, 2026 for reasons attributable to Nimbus, the fixed fee shall be reduced by USD 2,500 for each complete week of delay, up to a maximum reduction of USD 25,000.3 Delivery Incentive · p.1 |
late delivery penalty | none stated | no |
| Customer |
Tessellate Media LLC
extracted ("Nimbus") and Tessellate Media LLC ("Customer") dated February 2, 2024.Preamble · p.1 |
| Supplier |
Nimbus Analytics, Inc.
extracted and Tessellate Media LLC This Statement of Work is entered into as of August 4, 2025 under the Professional Services Agreement between Nimbus Analytics, Inc. ("Nimbus") and Tessellate Media LLC ("Customer") dated Februa…Preamble · p.1 |
| Agreement type |
statement_of_work
extracted STATEMENT OF WORK SOW-2025-041 Data Platform Migration -- Nimbus Analytics, Inc. and Tessellate Media LLC ThisPreamble · p.1 |
| Amends | not found |
| Effective date |
2025-08-04
extracted and Tessellate Media LLC This Statement of Work is entered into as of August 4, 2025 under the Professional Services Agreement between Nimbus Analytics, Inc.Preamble · p.1 |
| Stated term (months) | not found |
| Auto-renews | not found |
| Termination for convenience | not found |
| Termination notice (days) | not found |
| Termination compensation | not found |
| Currency |
USD
extracted Fees The fixed fee for the work described in Section 1 is USD 240,000, invoiced monthly in arrears in proportion to the percentage of the work completed, as agreed between the parties' project managers at each month end.2 Fees · p.1 |
| Total fixed consideration | not found |
| Payment terms (net days) | not found |
| Billing frequency |
monthly in arrears
extracted Fees The fixed fee for the work described in Section 1 is USD 240,000, invoiced monthly in arrears in proportion to the percentage of the work completed, as agreed between the parties' project managers at each month end.2 Fees · p.1 |
| Upfront fee | not found |
| Upfront fee refundable | not found |
| Payment spread (months) | not found |
| Renewal term (months) | not found |
| Renewal price | not found |
| Renewal described as discounted | not found |
| Third-party components | not found |