Common use of CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT Clause in Contracts

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full year of the Qualifying Time Period (2022) and ending December 31 of the third year following the end of the Tax Limitation Period (2037), Supplemental payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount shall not be subject to the Aggregate Limit. If, for any Tax Year during the Limitation Period of this Agreement the Cumulative Payment Amount, calculated under Sections IV, V and VI of this Agreement, exceeds the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount so calculated and the Aggregate Limit for such Tax Year, shall be carried forward from year-to- year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts due to the District during the Qualified Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows:

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full or partial year of the Qualifying Time Period (2022) and ending December 31 of the third year following the end of the Tax Limitation Period (2037)Period, Supplemental payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount shall not be subject to the Aggregate Limit. If, for any Tax Year during the Limitation Period of this Agreement the Cumulative Payment Amount, calculated under Sections IV, V and VI of this Agreement, exceeds the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount so calculated and the Aggregate Limit for such Tax Year, shall be carried forward from year-to- to-year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts due to the District during the Qualified Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows:

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full year of the Qualifying Time Period (20222023) and ending December 31 of the third year following the end of the Tax Limitation Period (20372040), Supplemental payments Payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount Supplemental Payment shall not be subject to the Aggregate Limit. If, for any Tax Year during the Tax Limitation Period of this Agreement the Cumulative Payment Amount, calculated under Sections IV, V and VI of this Agreement, exceeds the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount amount so calculated and the Aggregate Limit for such Tax Year, shall be carried forward from year-to- to-year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts due to the District during the Qualified Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows:

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full year of the Qualifying Time Period (2022) and ending December 31 of the third year following the end of the Tax Limitation Period (20372038), Supplemental payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount shall not be subject to the Aggregate Limit. If, for any Tax Year during the Limitation Period of this Agreement the Cumulative Payment Amount, calculated under Sections IV, V and VI of this Agreement, exceeds the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount so calculated and the Aggregate Limit for such Tax Year, shall be carried forward from year-to- year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts due to the District during the Qualified Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows:

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full year of the Qualifying Time Period (20222020) and ending December 31 of the third year following the end of the Tax Limitation Period (20372034), Supplemental payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount shall not be subject to the Aggregate Limit. If, for any Tax Year during the Limitation Period of this Agreement the Cumulative Payment Amount, calculated under Sections IV, V and VI of this Agreement, exceeds the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount so calculated and the Aggregate Limit for such Tax Year, shall be carried forward from year-to- to-year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts due to the District during the Qualified Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows:

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full or partial year of the Qualifying Time Period (20222023) and ending December 31 of the third year following the end of the Tax Limitation Period (2037), Supplemental payments Payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount shall not be subject to the Aggregate Limit. If, for any Tax Year during the Limitation Period of this Agreement the Cumulative Payment Amount, Payments calculated under Sections IV, V and VI of this Agreement, exceeds exceed the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount so calculated and Cumulative Payments shall be reduced to the Aggregate Limit for such Tax Year, and amounts not paid by virtue of the application of the Aggregate Limit shall be carried forward from year-to- year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts Payments due to the District during the Qualified Qualifying Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows:

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full year of the Qualifying Time Period (20222020) and ending December 31 of the third year following the end of the Tax Limitation Period (20372033), Supplemental payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount shall not be subject to the Aggregate Limit. If, for any Tax Year during the Limitation Period of this Agreement the Cumulative Payment Amount, calculated under Sections IV, V and VI of this Agreement, exceeds the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount so calculated and the Aggregate Limit for such Tax Year, shall be carried forward from year-to- to-year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts due to the District during the Qualified Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows:

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT. For each Tax Year beginning with the period starting the first full or partial year of the Qualifying Time Period (20222025) and ending December 31 of the third year following the end of the Tax Limitation Period (20372038), Supplemental payments shall be owed. During the Qualifying Time Period and for the three years following the end of the Tax Limitation Period, the supplemental payment amount shall not be subject to the Aggregate Limit. If, for any Tax Year during the Limitation Period of this Agreement the Cumulative Payment Amount, Payments calculated under Sections IV, V and VI of this Agreement, exceeds exceed the Aggregate Limit for such Tax Year, the difference between the Applicant’s Supplemental Payment Amount so calculated and the Aggregate Limit for such Tax Year, shall be carried forward from year-to- to-year until paid to the District. The Aggregate Limit shall not apply nor limit Supplemental Payment amounts due to the District during the Qualified Qualifying Time Period or in the three years following the end of the Tax Limitation Period. Section 10.1 is amended as follows: