2007-126 - Laserfiche WebLink

Home Browse Search

6 . Salary Level Commitment. As a further condition precedent to and as consideration for obtaining jobs grant funds from the COUNTY, the COMPANY agrees to pay each employee whose job is eligible for grants hereunder an annual average salary of not less than $31 ,729.00 ($ 15 .25 per hour) without taking into account the value of any benefits. The COMPANY shall, in accordance with the provisions of paragraph 7 herein below, provide written verification of such average salaries satisfactory to the COUNTY. The COMPANY' S failure to maintain its salary level commitment for any one year will result in the forfeiture of the Grant amount for those Full-Time Equivalent Jobs where the salary commitment was not maintained for that year; however, such forfeiture will not preclude the Company ' s receipt of scheduled Grant amounts for subsequent years in which it is able to maintain its salary level commitment. 7. Annual Job Status. The COMPANY must provide the COUNTY with quarterly unemployment compensation reports (Form UCT-6) of its business operations within Indian River County on State form UCT-6 as amended which is attached hereto and made a part hereof as Exhibit "C". The cumulative unemployment compensation reports required to be filed for the annual period prior to each eligibility determination shall collectively comprise the Annual Job Status Report. 8 . Grant Restriction. The Jobs Grant Funds available under this Agreement will be provided only for reimbursement of expenses associated with the physical move, relocation and/or expansion of the COMPANY to Indian River County, including but not limited to corporate or company relocation expenses, infrastructure costs, leasehold improvements, company sponsored child day care facilities, rent for company facilities, lease buyouts, training expenses and other expenses approved by the COUNTY. 9 . Default; Termination. In the event that the COMPANY defaults in the performance of its guarantees and commitments as provided for in this Agreement, the COUNTY may, at its option, terminate this Agreement. 10. Indemnification. The COMPANY shall indemnify and save harmless and defend the COUNTY, its agents, servants, and employees from and against any and all claims, liabilities, losses, and/or cause of action which may arise from any negligent act or omission of the COMPANY, its agents, servants, or employees in the performance of services under this Agreement. 11 . Forum; Venue . This Agreement shall be governed by the laws of the State of Florida. Any and all legal action necessary to enforce the Agreement will be held in Indian River County or the Federal District Court for the Southern District of Florida. No remedy herein conferred upon any party is intended to be exclusive of any other remedy, and each and every such remedy shall be cumulative and shall be in addition -4.