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A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J . K . BARTON , CLERK <br /> 5 . Job Creation Commitment . COMPANY estimates that it will provide 12 new jobs <br /> within the county as set forth in Exhibit "B " , which is attached hereto and made a <br /> part hereof. The exact number of jobs actually supplied and their salaries , however, <br /> may vary . Local jobs grant funds will be awarded up to a maximum of $ 68 ,000 . The <br /> jobs grant award will be based on the following : <br /> Amount Per Job <br /> Category . <br /> 75 % to 99 . 99 % of Indian River County $ 300 <br /> Average Annual Wage <br /> 100 % to 149 . 99 % of Indian River County $ 55000 <br /> Average Annual Wage <br /> 150 % of Indian River County Average $ 71000 <br /> Annual Wage (or greater) <br /> 6 . Wage Level Commitment . COMPANY estimates that it will pay each of 2 employees <br /> whose jobs are eligible for a Grant hereunder an annual wage of not less than <br /> $ 26 , 047 . 50 ; will pay each of 4 employees an annual wage of not less than <br /> $ 34 , 730 . 00 ; and will pay each of 6 employees an annual wage of not less than <br /> $ 52 , 095 . 00 . The annual wage of the positions shall be determined without taking <br /> into account the value of any benefits . COMPANY shall , in accordance with the <br /> provisions of paragraph 7 herein below, provide written verification of such wages <br /> satisfactory to COUNTY . COMPANY ' S failure to maintain its wage level <br /> commitment for any one year will result in the reduction of the Grant amount for that <br /> year( s) . <br /> 7 . Annual Job Status . COMPANY must provide COUNTY with State Quarterly <br /> Unemployment Compensation Reports (Form UCT- 6) of its business operations <br /> within Indian River County on State form UCT- 6 as amended, a sample of which is <br /> attached hereto and made a part hereof as Exhibit " C " . The cumulative Quarterly <br /> State Unemployment Compensation Reports required to be filed for the annual period <br /> correlated with each eligibility determination shall collectively comprise the Annual <br /> Job Status Report . <br /> For Phase I , there are 5 quarterly reports that must be submitted per grant eligibility <br /> determination time period ; for the first grant eligibility determination time period, the <br /> five quarterly reports are for calendar quarters 3 and 4 in 2011 , and calendar quarters <br /> 15 2 , and 3 in 2012 . For the second grant eligibility determination time period , the <br /> five quarterly reports are for calendar quarters 3 and 4 in 2012 , and calendar quarters <br /> 15 2 , and 3 in 2013 . For the third grant eligibility determination time period , the five <br /> quarterly reports are for calendar quarters 3 and 4 in 2013 , and calendar quarters 1 , 23 <br /> and 3 in 2014 . <br /> - 5 - <br />