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jobs shall not be eligible for local jobs grant funds unless an amendment is made to this agreement to allow for that . d . In no case shall the total local jobs grant award exceed $ 126 ,000 . (v) Failure of COMPANY to maintain claimed jobs for at least 3 years at required wage levels will result in the reduction of the Grant amount paid to COMPANY . If by the end of any of the annual periods , COMPANY has not maintained the total number of claimed jobs required or if COMPANY has provided the total jobs required , but the annual wage for any of those jobs is less than required for that year, COUNTY will lower the jobs grant award for the respective year . Thus by the end of this Agreement, the total jobs grant award could be less than $ 126 ,000 . b . Performance Evaluation for Pam . COMPANY ' s performance evaluation will be conducted on an annual basis by the information provided on the State ' s Quarterly Unemployment Compensation Report (UCT- 6 form) . COMPANY shall supply additional documentation to COUNTY , in a form acceptable to COUNTY, showing that positions for which jobs grant funds will be awarded are filled by people who live in the general area/region and listing the type of position filled by each employee . The Grant eligibility determinations will cover one year periods for each of the Phases , with each yearly period beginning and ending as follows : Phase Grant Eligibility Determinations isr 2 nd3rd final Begin End Begin End Begin End I 12/31 /2011 12/31 /2012 1 / 1 /2013 12/31 /2013 1 / 1 /2014 12/31 /2014 II 9/30/2012 9/30/2013 10/ 1 /2013 10/30/2014 10/ 1 /2014 10/30/2015 III 6/30/2013 6/30/2014 7/ 1 /2014 6/30/2015 7/ 1 /2015 6/30/2016 (i ) Each job must meet the minimum wage requirements specified in this Agreement . Payment of Grant funds shall be made within forty- five (45 ) days after the date COMPANY submits the latest State Quarterly Unemployment Compensation Report comprising the Annual Job Status Report (as defined in Paragraph 7) , and this payment obligation shall survive the termination of this Agreement. Notwithstanding the foregoing, should the date for filing the last quarterly unemployment compensation report , as described above, not coincide with the date that an eligibility determination is made , COMPANY shall have the right to file a report, in a form substantially similar to a quarterly unemployment compensation report , and such report shall constitute the Annual Job Status Report , the filing of which shall begin the running of the forty- five (45 ) -day period within which payment shall be made . -4 -