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AI <br />required or if COMPANY has provided the total jobs required, but the <br />annual wage for any of those jobs is less than required for that year, the <br />Community Development Department Director, or his designee, will lower <br />the jobs grant award for the respective year by the amount allocated in such <br />year for each job for which the requirements of this agreement are not met. <br />Thus, the total jobs grant award could be less than $150,000 by the end of <br />this Agreement. <br />(vi) If COMPANY changes the products or services it provides in such a <br />way that would make COMPANY no longer qualify as a "Target Industry" <br />or if COMPANY relocates outside of Indian River County, COMPANY <br />shall be in Default of this Agreement. COMPANY shall reimburse <br />COUNTY for payments made to COMPANY while COMPANY was not a <br />"Target Industry or if while COMPANY was not relocated within Indian <br />River County." <br />(vii) During the Term of this Agreement, COMPANY shall have a majority <br />(greater than 50%) of its goods and services, attributable to the Indian River <br />County location, sold or distributed outside of Indian River County. <br />COMPANY shall reimburse COUNTY for payments made to COMPANY <br />while COMPANY did not meet this requirement. <br />b. Performance Evaluation for Payment. Prior to the submittal of COMPANY's 18t <br />Quarterly Reemployment Compensation Report COMPANY shall provide to <br />the COUNTY Community Development Director, or his designee, an employee <br />census and a copy of the Quarterly Reemployment Compensation Report for the <br />Effective Date of this Agreement. That employee census must list employee <br />name, job title, city and state in which the employee lives, annual salary, <br />location where employee works, and date of hire. <br />COMPANY's performance evaluation will be conducted on an annual basis <br />using the information provided on the Quarterly Reemployment Compensation <br />Report (RT -6 form) and COMPANY's quarterly updates to its employee <br />census. Each updated employee census must include the information referenced <br />above plus the date of termination for each employee (if the employee <br />terminates employment with the COMPANY). COMPANY shall supply <br />additional documentation to the Community Development Director, or his <br />designee, in a form acceptable to the Community Development Director, or his <br />designee, showing that positions for which Grant funds will be awarded are <br />filled by people who live in COUNTY or Adjacent Counties. <br />-5- <br />Attachment 2 <br />58 <br />