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EXHIBIT "B" TO THE JOBS GRANT AGREEMENT <br /> BETWEEN INDIAN RIVER COUNTY & PARABEL USA, INC. <br /> I. Target Industry Categories eligible for application: <br /> COMPANY qualifies for the jobs grant program under the <br /> "Manufacturing/Warehouse/Distribution" category. Under the North American Industrial <br /> Classification System (NAICS),COMPANY's activities are classified in the category of"All <br /> Other Basic Organic Chemical Manufacturing", NAICS Code #325199. <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 /> l) 20 #of new, full-time employees whose annual wages are between 75% <br /> and 99.9% of Indian River County's average annual wage. <br /> 2) 15 # 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) 6 # 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 /> Category Qualified Jobs Amount per Job Total <br /> 75%of county average wage 20 $3,000 $60,000 <br /> 100%of county average wage 15 $5,000 $75,000 <br /> 150%of county average wage 6 $7,000 $42,000 <br /> Sub-Total Grant Amount $177,000 <br /> 7�1 <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 $177,000 <br /> FACommunity Dcve1opment\Users\EDplannr\NCENT]VES&FUNDINGUobs Grant Program\Parabcl\Agrccmcnt\'arabel Jobs Grant Agreement\14.doc <br /> -12- <br />