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EXHIBIT " B " TO THE JOBS GRANT AGREEMENT <br /> BETWEEN INDIAN RIVER COUNTY & TRITON SUBMARINES, LLC <br /> I. Target Industry Categories eligible for application : <br /> COMPANY qualifies for the jobs grant program under the "other targeted clean light <br /> industries category". Under North American Industrial Classification System (NAICS) , <br /> COMPANY ' s activities are classified in category as "Ship Building and Repairing", NAICS <br /> Code #336611 and "Boat Building", NAICS 336612 . <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 ) 15 # of new, full-time employees whose annual wages are between 75 % and <br /> 99 . 9% of Indian River County's average annual wage . <br /> 2) 7 # of new, full-time employees whose annual wages are between 100% and <br /> 149 .99 % of Indian River County ' s average annual wage <br /> 3 ) 2 # of new, full-time employees whose annual wages are 150% or greater of <br /> Indian River County ' s average annual wage <br /> III. Grant Amount <br /> x <br /> 75% of county average wage 15 $39000 $45,000 <br /> 100% of county average wage 7 $55000 $35 ,000 <br /> 150% of county average wage 2 $79000 $ 149000 <br /> Sub4otal Grant Amount $94,000 <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 $94,000. <br /> FXommunity Development\Users\EDplannr\lncentives & FundingUobs Grant ProgramUriton SubmarineWobs Grant Agreement -For Signature.doc <br /> 42 - <br /> l <br />