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In nnnnnn <br /> \\ %% WIN,r nn Is <br /> rr <br /> I <br /> 12/31 /2013 12/31 /2014 1 /1 /2015 12/31 /2015 1 / 1 /2016 12/31 /2016 <br /> II <br /> 12/31 /2014 12/31 /2015 1 / 1 /2016 12/31 /2016 1 / 1 /2017 12/31 /2017 <br /> (i) Each job must meet the minimum wage requirements specified in this <br /> Agreement. Payment of Grant funds shall be made within forty-five (45 ) <br /> days after the date COMPANY submits the latest State Quarterly <br /> Unemployment Compensation Report comprising the Annual Job Status <br /> Report, and this payment obligation shall survive the termination of this <br /> Agreement. Notwithstanding the foregoing, should the date for filing the last <br /> quarterly unemployment compensation report, as described above, not <br /> coincide with the date that an eligibility determination is made, COMPANY <br /> shall have the right to file a report, in a form substantially similar to a <br /> quarterly unemployment compensation report, and such report shall <br /> constitute the Annual Job Status Report, the filing of which shall begin the <br /> running of the forty-five (45)-day period within which payment shall be <br /> made . <br /> If COMPANY applies for a Qualified Target Industry (QTI) Tax Refund <br /> Grant from the State of Florida and if COMPANY has that QTI Tax Refund <br /> Grant approved by the State, County will reduce the local jobs grant amount <br /> paid directly to COMPANY for each eligibility determination period in an <br /> amount sufficient to cover COUNTY ' S QTI Tax Refund contribution <br /> obligation to the state for COMPANY ' s QTI Tax Refund agreement. <br /> COUNTY will submit the payment obligation to the state for placement in <br /> the Florida Economic Development Trust Fund. <br /> 4. Job Creation Commitment. COMPANY estimates that it will provide 10 new <br /> eligible jobs within the county as set forth in Exhibit ` B", which is attached hereto <br /> and made a part hereof. The exact number of jobs actually supplied and their salaries, <br /> however, may vary. Local jobs grant funds will be awarded up to a maximum of <br /> $70,000. The jobs grant award will be based on the following : <br /> r \terIn I <br /> r \ <br /> 75 % to 99 . 99% of Indian River County $3 ,000 <br /> Average Annual Wage <br /> 100% to 149. 99% of Indian River County $59000 <br /> Average Annual Wage <br /> 150% of Indian River County Average $79000 <br /> Annual Wage (or greater) <br /> -5 - <br /> i <br />