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The Grant eligibility determinations will cover one year periods,with each yearly <br /> period beginning and ending as follows: <br /> Grant Eligibility Determinations <br /> lsc 2nd 3rd final <br /> Begin End Be in End Begin End <br /> 1/01/2018 12/31/2018 1/01/2019 12/31/2019 1/01/2020 12/31/2020 <br /> (i) Each job must meet the minimum wage requirements specified in this <br /> Agreement. Payment of Grant funds shall be made within forty-five(45)days <br /> after the date COMPANY submits the latest Quarterly Reemployment <br /> Compensation Report comprising the Annual Job Status Report(as defined <br /> in Paragraph 6),and this payment obligation shall survive the termination of <br /> this Agreement. Notwithstanding the foregoing,should the date for filing the <br /> last Quarterly Reemployment Compensation Report,as described above,not <br /> coincide with the date that an eligibility determination is made,COMPANY <br /> shall have the right to file a Quarterly Reemployment Compensation Report, <br /> in a form substantially similar to a Quarterly Reemployment Compensation <br /> Report, and such Quarterly Reemployment Compensation Report shall <br /> constitute the Annual Job Status Report, the filing of which shall begin the <br /> running of the forty-five (45)-day period within which payment shall be <br /> made. <br /> If COMPANY applies for a Qualified Target Industry (QTI) Tax Refund <br /> from the State of Florida and if COMPANY has that QTI Tax Refund <br /> approved by the State,the Community Development Director or his designee <br /> will reduce the Grant amount paid directly to COMPANY for each eligibility <br /> determination in an amount sufficient to cover COUNTY's QTI Tax Refund <br /> 20%contribution obligation to the State for COMPANY's QTI Tax Refund <br /> agreement. The Community Development Director or his designee will <br /> submit the 20%payment obligation to the State for placement in the Florida <br /> Economic Development Trust Fund. <br /> (ii) If at the time of performance evaluation for payment as described in <br /> subsection 3.b(i) COMPANY is not current on COUNTY Real Estate and <br /> Tangible Personal Property Taxes,COUNTY shall withhold Grant payments <br /> for that eligibility determination time period and COMPANY shall <br /> automatically forfeit its right to collect Grant payments for that eligibility <br /> time period.COMPANY shall remain eligible for any remaining future Grant <br /> payments for future eligibility time periods provided COMPANY is current <br /> on such taxes referenced above at the time of future Grant eligibility <br /> determination time periods. <br /> 4. Job Creation Commitment. COMPANY estimates that it will provide 25 new <br /> Qualifying Jobs within COUNTY as set forth in Exhibit "B", which is attached <br /> -5- <br />