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2008-131
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2008-131
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Last modified
3/30/2016 11:30:57 AM
Creation date
10/1/2015 12:07:51 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/28/2008
Control Number
2008-131
Agenda Item Number
4.A.
Entity Name
Piper Aircraft, Inc.
Subject
Closing Fund Agreement
Supplemental fields
SmeadsoftID
6997
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The total number of full-time equivalent jobs may include both direct and support <br /> jobs for this Project. Direct jobs -- For purposes of this Agreement, "direct jobs" may <br /> include operational or production and related workers assigned directly to the <br /> Closing Fund project. <br /> 2 . Support jobs -- For purposes of this Agreement, "support jobs" include non- <br /> production, support or overhead workers, such as legal, administrative and <br /> clerical, working at the Closing Fund-approved business unit. The concept for <br /> support jobs is generally only relevant for businesses working on defense or <br /> other government contracts or sub-contracts. <br /> 3. New Full-time Equivalent Job -- Full-time equivalent jobs may be counted as new <br /> full-time equivalent jobs only if they result in a net increase in full-time <br /> equivalent jobs at the Closing Fund business over the average full-time <br /> equivalent jobs for the base period, unless otherwise specified in this Agreement. <br /> In no case may jobs or job functions be counted as new, full-time equivalent <br /> project jobs if they are moved from a related business in Florida (including a <br /> business related by virtue of a merger, purchase, or any form of acquisition) to <br /> the Closing Fund Awardee, from another Florida location of the Closing Fund <br /> Awardee to the project location, or from any other Florida business unit. In <br /> addition, no temporary construction jobs involved with the construction of <br /> facilities for the project nor any jobs which have been previously included in any <br /> approved application for annual certification or claims under Sections 288 . 104, <br /> 288. 1045 288. 106 or 288. 1088, Florida Statutes, may be included in full-time <br /> equivalent project jobs. <br /> 5. Full-time equivalent direct project jobs — Full-time equivalent direct jobs for the <br /> project may be counted as (a) all direct employees working full time (at least 35 <br /> hours a week) on the project, such as production or related work, assigned to and <br /> working exclusively on the project described in this Agreement or (b) the total of <br /> the hours of direct production or related work assigned to the project divided by <br /> 35. <br /> 6. Full-time equivalent support project jobs -- Full-time equivalent support jobs <br /> may be counted for the project if they are (a) exclusively assigned to and working <br /> at least 35 hours a week on the project described in this Agreement or (b) they <br /> may be estimated by multiplying the total number of all full-time "support jobs" <br /> at the business by the ratio of the number of "full-time direct" project jobs to the <br /> total of all "full-time direct" jobs at the business. <br /> B. Full-Time Equivalent Jobs Calculation: <br /> 13745/01/00234567.DOCv5 ) _ <br />
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