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Dismissal Pay <br /> Sick Pay (not made under a plan or system) <br /> Supplemental Payments (difference between workers' compensation and <br /> employees salary) . <br /> Other benefits may only be included in the wage calculation IF, as a business <br /> policy, the employee has the option of accepting the value of the benefits in the <br /> form of cash payments, or can convert the benefit to cash within 12 months of <br /> receipt of the benefit. <br /> B. Calculation of the Average Annual Wage per Full-Time Equivalent Job: <br /> The average annual wage for the Annual Certification Period must be determined in a <br /> manner consistent with the following procedure: <br /> 1 . Total project wages for certification period -- Actual wages, salaries and other <br /> payments (as listed in Paragraph A above) for all full-time equivalent direct <br /> project jobs (as defined in Section II-A. of this Exhibit) for each pay period <br /> during the certification period are added to an estimate of support project <br /> wages (as determined in Paragraph 2 of this section) . <br /> 2. Support project wages for certification period -- The total of wages, salaries and <br /> other payments (as listed in Paragraph A) for all support jobs at the business (as <br /> defined in Section II-A. ) times the ratio of the number of "full-time direct" project <br /> jobs to the total of all "full-time direct" jobs at the business, calculated in Section <br /> II-A.3. of this Exhibit. <br /> a. If the Closing Fund Awardee defined in this agreement meets the conditions <br /> outlined in Section IV-A. below, the Closing Fund Awardee may simply sum <br /> the quarterly payroll figures reported for unemployment compensation <br /> purposes and divide by the average number of employees (presumed to be <br /> full time equivalent employees if the conditions specified in Section IV-A. <br /> exist). If the number of quarters is less than four, this number should be <br /> multiplied by the inverse of the ratio of the number of quarters in the Annual <br /> Certification Period to four. If any of the quarters in the period has fewer <br /> than three months of employment, that quarter's payroll data should first be <br /> adjusted by multiplying the reported payroll for that period by the inverse of <br /> the ratio of the number of months for which employment data is reported to <br /> three. <br /> (1 ) <br /> {3745/01/00234567.D0Cv5 ) <br />