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EXHIBIT " B " TO THE JOBS GRANT AGREEMENT <br /> BETWEEN INDIAN RIVER COUNTY & SMI Telecoms , LLC (COMPANY) <br /> I. Target Industry Categories eligible for application : <br /> COMPANY qualifies for the jobs grant program under the "Telecommunications" category . <br /> Under the 2007 North American Industrial Classification System (NAICS ) , COMPANY ' s <br /> activities are classified in categories 5112 " Software Publishers" , 5415 " Computer Systems <br /> Design and Related Services" , and 5416 "Management, Scientific, and Technical Consulting <br /> Services" . <br /> II. Employment Commitment : <br /> The COMPANY is receiving this grant based upon its representation that it will bring the <br /> following employment opportunities to Indian River County : <br /> 1 ) 1 # of new, full-time employees whose annual wage is between 75 % and <br /> 99 . 9% of Indian River County' s average annual wage . <br /> 2) 1 # of new, full-time employees whose annual wage is between 100% and <br /> 149 . 99% of Indian River County ' s average annual wage <br /> 3 ) 23 # of new, full -time employees whose annual wage is 150% or greater of <br /> Indian River County ' s average annual wage <br /> III . Grant Amount <br /> Category Qualified Amount Per Total <br /> Jobs Job <br /> 75 % to 99 . 9% of Indian River County Average 1 $ 3 , 000 $ 39000 <br /> Annual Wage <br /> 100% to 149 . 99% of Indian River County Average 1 $ 500 $ 5 , 000 <br /> Annual Wage <br /> 150% or greater of Indian River County Average 23 $ 7 , 000 $ 161 , 000 <br /> Annual Wage <br /> Total 25 $ 1691000 * <br /> * The actual amount of the grant will depend upon the actual number of jobs provided and the salary paid for those jobs . <br /> In no case shall the total amount of the grant exceed $ 169 , 000 . <br /> F:\Community Development\Users\GDplannr\lncentives & FundingVobs Grant Program\SMI TelecomsUob Grant Agreement SMI Telecoms - Proposed 0 - For <br /> Creating PDF .doc <br /> - 11 - <br />