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6 . Wage Level Commitment . COMPANY estimates it will pay each employee whose <br /> job is eligible for a Grant hereunder an annual wage of not less than $34 ,730 per <br /> position for each of 37 positions ; and not less than $52 ,095 per position for each of <br /> 16 positions; 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 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 <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 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 /> 11 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 /> 1 , 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 , 2 , <br /> and 3 in 2014 . <br /> For Phase H. 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 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 in <br /> 2014 . <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 1 , 2 , 3 and 4 in 2012 , and calendar <br /> quarter 1 in 2013 . For the second grant eligibility determination time period, the five <br /> quarterly reports are for calendar quarters 1 , 2 , 3 and 4 in 2013 , and calendar quarter <br /> 1 in 2014 . For the third grant eligibility determination time period, the five quarterly <br /> reports are for calendar quarters 1 , 2 , 3 and 4 in 2014 , and calendar quarter 1 in 2015 . <br /> -6- <br />