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<br /> paragraph 7 herein below , provide written verification of such wages satisfactory to
<br /> COUNTY . COMPANY ' S failure to maintain its wage level commitment for any one
<br /> year will result in the reduction of the Grant amount for that 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
<br /> period correlated with each eligibility determination shall collectively comprise the
<br /> Annual Job Status Report .
<br /> For Phase I , there are 5 quarterly reports that must be submitted per grant eligibility
<br /> determination tirne period ; forthe first grant eligibility determination time period , the
<br /> five quarterly reports are for calendar quarter 4 in 2011 , and calendar quarters 1 , 2 , 3 ,
<br /> and 4 in 2012 . For the second grant eligibility determination time period , the five
<br /> quarterly reports are for calendar quarter 4 in 2012 , and calendar quarters 1 , 2 , 3 , and
<br /> 4 in 2013 . For the third grant eligibility determination time period , the five quarterly
<br /> reports are for calendar quarter 4 in 2013 , and calendar quarters 1 . 2 , 3 , and 4
<br /> in
<br /> 2014 .
<br /> For Phase II , 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 2 , 3 and 4 in 2012 , and calendar
<br /> quarters 1 , and 2 in 2013 . For the second grant eligibility determination time period ,
<br /> the five quarterly reports are for calendar quarters 2 , 3 and 4 in 2013 , and calendar
<br /> quarters 1 , and 2 in 2014 . For the third grant eligibility determination time period ,
<br /> the five quarterly reports are for calendar quarters 2 , 3 and 4 in 2014 , and calendar
<br /> quarters 10 and 2 in 2015 .
<br /> For Phase III , 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 2 , 3 and 4 in 2013 , and calendar
<br /> quarters 1 and 2 in 2014 . For the second grant eligibility determination time period ,
<br /> the five quarterly reports are for calendar quarters 2 , 3 and 4 in 2014 , and calendar
<br /> quarters 1 and 2 in 2015 . For the third grant eligibility determination time period ,
<br /> the five quarterly reports are for calendar quarters 2 , 3 and 4 in 2015 , and calendar
<br /> quarters 1 and 2 in 2016 .
<br /> 8 . Default ; Termination . In the event that COMPANY defaults in the performance of
<br /> its guarantees and commitments as provided for in this Agreement , COUNTY may ,
<br /> at its option , terminate this Agreement .
<br /> 9 . Indemnification . COMPANY shall indemnify and save harmless and defend
<br /> COUNTY , its agents , servants , and employees from and against any and all claims ,
<br /> liabilities , losses , and /or causes of action which may arise from any negligent act or
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