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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 /> , <br /> x <br /> yl Category; Qualifiedobsf Amortntper;Job 'total <br /> �T. <br /> 75%of county average wage 15 $3,000 $45,000 <br /> 100%of county average wage 7 $5,000 $35,000 <br /> 150%of county average wage 2 $7,000 $14,000 <br /> Sub-Total 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 /> FACommunity Development\Users\EDplannr\lncentives&FundingUobs Grant Program\Triton SubmarineWobs Grant Agreement-For Signature.doc <br /> ."' -12- <br /> 200 <br />