Kill Fee Percent Unaccepted Pitch Lookup

Reconcile actual commissioned-story cancellation fee against explicit caller contract trigger/rate and paid advance, retaining possible credit/refund; not assumed entitlement for an unaccepted pitch, legal contract interpretation or universal kill fee.

Description

A commissioned-story cancellation fee depends on an explicit contract trigger and rate.

A commissioned-story cancellation fee depends on an explicit contract trigger and rate. An already paid advance can leave a signed balance.1

Enter nonnegative safe-integer same-currency fee/advance, integer basis points 0–10000 and caller trigger flag. Use exact rational rounding and return gross/signed balance.

When to use Kill Fee Percent Unaccepted Pitch Lookup

Use Kill Fee Percent Unaccepted Pitch Lookup when you need to evaluate the supplied records under the calculation and evidence rules below. No entitlement for an unaccepted pitch, contract interpretation or universal kill fee is inferred.

Prepare the actual editorial, source, layout, timing or audience records requested. Supply explicit house-policy limits and preserve missing evidence.

How to use Kill Fee Percent Unaccepted Pitch Lookup and understand its results

  1. Prepare the actual editorial, source, layout, timing or audience records requested. Supply explicit house-policy limits and preserve missing evidence.
  2. Enter contractedStoryFeeMinor, callerKillFeeBasisPoints, alreadyPaidAdvanceMinor, callerKillFeeTriggerSatisfied using the field table and calculation rules, then run the tool.
  3. Read callerGrossKillFeeMinor, signedKillFeeLessAdvanceMinor. The explanation below defines the units, signs, ordering and any flags or placeholder values.
  4. If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
Input fieldMeaningValue type; see rules belowRequirement
contractedStoryFeeMinorContracted story fee minornumberRequired
callerKillFeeBasisPointsCaller kill fee basis pointsnumberRequired
alreadyPaidAdvanceMinorAlready paid advance minornumberRequired
callerKillFeeTriggerSatisfiedCaller kill fee trigger satisfiedbooleanRequired

Enter nonnegative safe-integer same-currency fee/advance, integer basis points 0–10000 and caller trigger flag. Use exact rational rounding and return gross/signed balance.

gross=trigger?roundHalfUp(contractFee×rateBP/10000):0; balance=gross−advance

Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.

Output fieldMeaningValue type
callerGrossKillFeeMinorCaller gross kill fee minornumber
signedKillFeeLessAdvanceMinorSigned kill fee less advance minornumber
json
{
  "input": {
    "contractedStoryFeeMinor": 1000,
    "callerKillFeeBasisPoints": 2500,
    "alreadyPaidAdvanceMinor": 100,
    "callerKillFeeTriggerSatisfied": true
  },
  "output": {
    "callerGrossKillFeeMinor": 250,
    "signedKillFeeLessAdvanceMinor": 150
  }
}

Limitations and assumptions

No entitlement for an unaccepted pitch, contract interpretation or universal kill fee is inferred.

Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.

Alternative or Complementary methods

Use Pitch Accept Rate Percent Freelance Calculator: Acceptance among decided pitches excludes pending and withdrawn records. Missing decisions should remain visible. For a complementary task, use Expenses per Story Cap Policy Lookup: Expense preapproval and an unapproved-overage cap define separate budgets. Signed margins retain underspend and overspend.

References

  1. Kill Fee Percent Unaccepted Pitch Lookup — tool.io

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