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I ll lie le 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 . Relocation/Expansion Commitment . As a condition precedent to and as consideration for obtaining Jobs Grant Funds from COUNTY , COMPANY agrees to locate in and expand its business operations on a suitable site in Indian River County as described on Exhibit "A " , which is attached hereto and made a part thereof. 5 . Job Creation Commitment . COMPANY estimates that it will provide 20 new _jobs within the county as set forth in Exhibit " B " , which is attached hereto and made a part hereof. The exact number of jobs actually supplied and their salaries , however, may vary . Local jobs grant funds will be awarded up to a maximum of $ 77 ,000 if COMPANY locates within the City of Vero Beach /Indian River County Enterprise Zone or an amount of up to $ 70 ,000 if COMPANY locates within Indian River County but outside of the City of Vero Beach / Indian River County Enterprise Zone . The jobs grant award will be based on the following : Jobs Grant Amount Per Job If Company Locates Within Indian River County and Outside of Vero Beach /Indian River County Enterprise Zone Category Grant Amount Per Job 75 % to 99 . 99 % of Indian River County Average Annual Wage $ 3 , 000 100 % to 149 . 99 % of Indian River County Average Annual Wage $ 5 , 000 150 % of Indian River County Average Annual Wage ( or greater) $ 7 , 000 Jobs Grant Amount Per Job If Company Locates Within Vero Beach /Indian River County Enterprise Zone (Includes a 10 % Bonus) Category Grant Amount Per Job 75 % to 99 . 99 % of Indian River County Average Annual Wage $ 3 , 300 100 % to 149 . 99% of Indian River County Average Annual Wage $ 5 , 500 150 % of Indian River County Average Annual Wage (or greater) $ 7 , 700 6 . Wage Level Commitment . COMPANY estimates that it will pay 17 employees whose jobs are eligible for a Grant hereunder an annual wage of not less than $ 26 , 047 . 50 ; will pay 1 employee an annual wage of not less than $ 34 , 730 . 00 ; and will pay each of 2 employees an annual wage of not less than $ 52 , 095 . 00 . The annual wage of the positions shall be determined without taking into account the value of any benefits . COMPANY shall , in accordance with the provisions of - 5 -