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EXHIBIT "B" TO THE JOBS GRANT AGREEMENT <br />BETWEEN INDIAN RIVER COUNTY & (INSERT NAME) <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 <br />"(Insert category name)", NAICS Code 11.42 <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) 4 # 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) 6 # 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) 3 # 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 <br />Qualified Jobs <br />Amount per Job <br />Total <br />75% of county average wage <br />4 <br />$3,000 <br />$12,000 <br />100% of county average wage <br />6 <br />$5,000 <br />$30,000 <br />150% of county average wage <br />3 <br />$7,000 <br />$21,000 <br />Sub -Total Grant Amount <br />$63,000 <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 $63,000. <br />F:\Community Development\Users\EDplannr\lncentives & Funding\Jobs Grant Program\Confidential - March 2014\Jobs Grant Agreement -For Signature.doc <br />-12- <br />84 <br />