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Requirements and all requirements of this Agreement, (e) without limitation, Business will establish and <br />continue to provide all jobs required for Business to qualify as an Expansion of an Existing Business <br />("Jobs"), (f) without limitation, the average wage paid by Business with respect to the Jobs during each <br />calendar quarter will be equal to or greater than the average wage represented by Business in the <br />Application, and (g) Business has not committed and will not commit any Violation of Law (each of <br />subparagraphs (a) through (f), "Commitment"). <br />4. Annual Status Reports. On or before January 15th of each year, beginning in 2021 and <br />ending in 2030, the Business shall submit a status report to the County Community Development <br />Department. At a minimum, the status report shall include the name, address, and contact information of <br />the current owner and the current operator of the facility to be located at 4155 49h Avenue, Vero Beach, <br />Florida, 32967 described as lots 2, 3, and 4, Indian River Industrial Center, according to the plat thereof <br />recorded in Plat Book 23, Page 9, of the Public Records of Indian River County, Florida., a description of <br />current facility operations, the current total number of facility employees, the current total and average <br />wages of employees, and a description of any improvements made to the facility during the previous year, <br />and additional information that County may need to evaluate the company's performance. The status <br />report shall be signed by the facility owner (or authorized representative) and by the facility operator, and <br />each signature must be notarized. <br />5. Violation by Business of Commitment. In the event of a violation by Business of any <br />Commitment, County may, in its sole discretion, (a) revoke the Exemption, effective immediately, (b) <br />revoke the exemption, effective as of the date of violation of the Commitment. In such case County, the <br />Property Appraiser or the Tax Collector shall be entitled to recover all taxes not paid as a result of the <br />Exemption (after the effective date of such revocation), plus interest, costs of collection and attorney's <br />fees, as set forth in section 1100.11(b) of the Code, (c) reduce the Exemption, with respect to either the <br />amount (percentage) or term of the Exemption, or (d) pursue any other remedy available in law or in <br />equity. Business shall immediately notify County in writing of any facts or events which constitute or <br />may constitute a violation by Business of any Commitment. <br />6. No Limitation of County's Rights. Nothing in this Agreement shall be construed as a <br />restriction or limitation of County's rights as set forth in general law or the Code, including the Ordinance <br />and the Exemption Ordinance. <br />iUeen/mikemweULibrory/ConainenImm.oppfanalUDafdLibroryIEfoilDownloadL6F95EC6A-SEFl-4891-9743-1F30516B71FD/Eco Devdd Val T Eump-Agrm[PCP TacdwLdocs Page 2 of 5 <br />