Common use of COMPENSATION AND CONSIDERATION Clause in Contracts

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $7,125 per eligible net new position created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 dollars for the entire Contract. An eligible net new position employs an individual, at a minimum, an average of thirty-five (35) working hours per week on an annual basis, that was hired on or after April 29, 2010, and pays wages that meet or exceed $16.08/ per hour, excluding benefits. The City will not reimburse the Assisted Business for any costs incurred prior to April 29, 2010, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the City’s application during the period of the Contract and shall meet or exceed the 1:2 required match ratio. a) The City will authorize the Assisted Business to draw up to $349,125 against the funding reserved for the Assisted Business by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the City. Unless otherwise authorized by the City, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new positions by the Assisted Business, and after incurring eligible expenses. Upon reasonable request, the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in new investment at the project site. b) If the City determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, the Department may revoke the Assisted Business' authority to draw against the reserved amount described herein until such time as the City and the Assisted Business agree on a plan to remedy the deficiency. c) The Assisted Business agrees that if it ceases operations at the Project Site during the Contract period the Assisted Business shall immediately reimburse the entire amount of the grant advanced up to that time to the Department. If the Assisted Business does not create the projected number of net new positions that meet BSTF program eligibility requirements, the Assisted Business agrees that it shall reimburse the City a prorated portion of any BSTF funds advanced based on documentation of the actual eligible net new positions created by the Assisted Business. d) The City reserves the right to withdraw a commitment for any BSTF funds which remain un- disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department.

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed awarded to the Assisted Business Contractor under the Contract shall be up to $7,125 5,000.00 per job, for the (2) jobs that pay at or above the Ravalli County Current Average Wage per eligible net new position job created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 10,000 dollars for the entire Contract. An eligible net new job is defined as one that is new to the company and has not been filled before October 22, 2019. Eligible new job criteria is a full-time job, meaning a predominantly year-round position employs an individual, at a minimum, requiring an average of thirty-five (35) working 35 hours per week on an annual basis, that was hired on or after April 29, 2010of work each week, and pays wages that meet or exceed $16.08/ 17.15 per hour, excluding without employee benefits. The City County will not reimburse the Assisted Business for any costs incurred prior to April 29October 22, 20102019, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the CityCounty’s application during the period of the Contract and shall meet or exceed the 1:2 $1 for every $1 of BSTF financial assistance received required match ratio. a) The City County will authorize the Assisted Business to draw up to $349,125 9,200 (total award minus grant administration) against the funding reserved for the Assisted Business by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the CityCounty. Unless otherwise authorized by the CityCounty, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new positions by the Assisted Business, and after incurring eligible expenses. Upon reasonable request, the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in 10,000 (Match amount) new investment at the project site. b) If the City County determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, the Department may revoke the Assisted Business' authority to draw against the reserved amount described herein until such time as the City County and the Assisted Business agree on a plan to remedy the deficiency. c) The In the event that the County must reimburse the Department ANY amount by reason of the Assisted Business agrees that if it ceases ceasing operations at the Project Site during the Contract period OR the Assisted Business shall immediately reimburse the entire amount of the grant advanced up failing or refusing to that time to the Department. If the Assisted Business does not create the projected number of net new positions that meet BSTF program eligibility requirementsrequirements OR the Assisted Business failing or refusing to perform any requirement for funding eligibility or any obligation incurred by it under the Assistance Agreement, then and in those events, or any one of them, the Assisted Business agrees and promises that it shall reimburse the City a prorated portion County any and all such amounts, including all related expenses and fees, within 30 days of any BSTF funds advanced based on documentation receipt of written notice from the actual eligible net new positions created by the Assisted BusinessCounty. d) The City County reserves the right to withdraw a commitment for any BSTF funds which that remain un- un-disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department. f) The County will request funds from MDOC with which to reimburse the Assisted Business periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new jobs by the Assisted Business, and after incurring eligible expenses.

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $7,125 7,050.00 per eligible net new position job created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 366,600.00 dollars for the entire Contract. All grant funds are subject to availability from the Department. a) An eligible net new position employs an individualjob is defined as the following: i) A new job to the company that was created or filled on or after October 9, 2017; ii) Have at a minimum, an average of thirty-five (35) working hours per week on an annual basis, that was hired on or after April 29, 2010, and ; and iii) The job pays wages that meet or exceed $16.08/ 18.50 per hour, excluding benefitsincluding the value of employee benefits that meet the requirements of the Employee Retirement Income Security Act of 1974, 29 U.S.C. 1001, et seq. The City County will not reimburse the Assisted Business for any costs incurred prior to April 29October 9, 20102017, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ ’s records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the CityCounty’s application during the period of the Contract and shall meet or exceed the 1:2 required match ratioratio of $3,750 per job. a) The City will authorize Process for reimbursement of the Assisted Business to draw up to $349,125 against the funding reserved for the Business’s eligible costs and expenses shall be as follows: i) The Assisted Business will request reimbursement from the County or its representative by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the City. Unless otherwise authorized by the City, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure submitting all information set forth in Section 3: REPORTING of the required matching funds and the creation this contract. ii) Within ten business days of the eligible net new positions by receiving a complete request for reimbursement from the Assisted Business, and after incurring eligible expenses. Upon reasonable requestbased on those documents, the County or its representative will submit a pre-approval Request for Payment to the Department. iii) After pre-approval is granted, the County will submit a final Request for Payment to the Department. iv) The County or its representative will then reimburse the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in new investment at the project site. b) If the City determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, full amount received from the Department may revoke for each eligible expense submitted and approved by the Assisted Business' authority to draw against the reserved amount described herein until such time as the City and the Assisted Business agree on a plan to remedy the deficiency. c) Department. The Assisted Business agrees acknowledges and understands that if it ceases operations at the Project Site during the Contract period the Assisted Business shall immediately reimburse the entire amount reimbursement as described above is contingent and dependent upon proper and timely completion of the grant advanced up to that time to the Department. If the Assisted Business does not create the projected number Project, timely submittal of net new positions that meet BSTF program eligibility requirementsall required documentation, the Assisted Business agrees that it shall reimburse the City a prorated portion of any BSTF funds advanced based on documentation of the actual eligible net new positions created timely reporting as set forth in Section 3, approval by the Assisted BusinessDepartment of all reimbursement payments, and compliance with all terms and conditions hereunder. d) The City reserves the right to withdraw a commitment for any BSTF funds which remain un- disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department.

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $7,125 7,125, per eligible net new position created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 178,125 dollars for the entire Contract. An eligible net new position employs an individual, at a minimum, an average of thirty-five (35) working hours per week on an annual basis, that was hired on or after April 29March 2, 20102011, and pays wages that meet or exceed $16.08/ 16.28 per hour, excluding benefits. The City will not reimburse the Assisted Business for any costs incurred prior to April 29March 2, 20102011, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ ’s records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the City’s application during the period of the Contract and shall meet or exceed the 1:2 required match ratio. a) The City will authorize the Assisted Business to draw up to $349,125 178,125 against the funding reserved for the Assisted Business by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the City. Unless otherwise authorized by the City, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new positions by the Assisted Business, and after incurring eligible expenses. Upon reasonable request, the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in 89,062.50 new investment at the project site. b) If the City determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, the Department may revoke the Assisted Business' 's authority to draw against the reserved amount described herein until such time as the City and the Assisted Business agree on a plan to remedy the deficiency. c) The Assisted Business agrees that if it ceases operations at the Project Site during the Contract period the Assisted Business shall immediately reimburse the entire amount of the grant advanced up to that time to the Department. If the Assisted Business does not create the projected number of net new positions that meet BSTF program eligibility requirements, the Assisted Business agrees that it shall reimburse the City a prorated portion of any BSTF funds advanced based on documentation of the actual eligible net new positions created by the Assisted Business. d) The City reserves the right to withdraw a commitment for any BSTF funds which remain un- un-disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department.

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $7,125 7,242.00 per eligible net new position job created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 dollars for the entire Contract. of a) An eligible net new position employs an individualjob is defined as the following: i) A new job to the company that was created or filled on or after January 10, 2018; ii) Have at a minimum, an average of thirty-five (35) working hours per week on an annual basis, that was hired on or after April 29, 2010, and ; and iii) The job pays wages that meet or exceed $16.08/ 18.99 per hour, excluding benefitsincluding the value of employee benefits that meet the requirements of the Employee Retirement Income Security Act of 1974, 29 U.S.C. 1001, et seq. The City County will not reimburse the Assisted Business for any costs incurred prior to April 29January 10, 20102018, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ ’s records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the CityCounty’s application during the period of the Contract and shall meet or exceed the 1:2 required match ratio. a) The City will authorize Process for reimbursement of the Assisted Business to draw up to $349,125 against the funding reserved for the Business’s eligible costs and expenses shall be as follows: i) The Assisted Business will request reimbursement from the County or its representative by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the City. Unless otherwise authorized by the City, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure submitting all information set forth in Section 3: REPORTING of the required matching funds and the creation this contract. ii) Within ten business days of the eligible net new positions by receiving a complete request for reimbursement from the Assisted Business, and after incurring eligible expenses. Upon reasonable requestbased on those documents, the County or its representative will submit a pre-approval Request for Payment to the Department. iii) After pre-approval is granted, the County will submit a final Request for Payment to the Department. iv) The County or its representative will then reimburse the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in new investment at the project site. b) If the City determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, full amount received from the Department may revoke for each eligible expense submitted and approved by the Assisted Business' authority to draw against the reserved amount described herein until such time as the City and the Assisted Business agree on a plan to remedy the deficiency. c) Department. The Assisted Business agrees acknowledges and understands that if it ceases operations at the Project Site during the Contract period the Assisted Business shall immediately reimburse the entire amount reimbursement as described above is contingent and dependent upon proper and timely completion of the grant advanced up to that time to the Department. If the Assisted Business does not create the projected number Project, timely submittal of net new positions that meet BSTF program eligibility requirementsall required documentation, the Assisted Business agrees that it shall reimburse the City a prorated portion of any BSTF funds advanced based on documentation of the actual eligible net new positions created timely reporting as set forth in Section 3, approval by the Assisted BusinessDepartment of all reimbursement payments, and compliance with all terms and conditions hereunder. d) The City reserves the right to withdraw a commitment for any BSTF funds which remain un- disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department.

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $7,125 6,532.00 per eligible net new position job created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 dollars for the entire Contract. of a) An eligible net new position employs an individualjob is defined as the following: i) A new job to the company that was created or filled on or after August 27, 2017; ii) Have at a minimum, an average of thirty-five (35) working hours per week on an annual basis, that was hired on or after April 29, 2010, and ; and iii) The job pays wages that meet or exceed $16.08/ 16.85 per hour, excluding benefitsincluding the value of employee benefits that meet the requirements of the Employee Retirement Income Security Act of 1974, 29 U.S.C. 1001, et seq. The City County will not reimburse the Assisted Business for any costs incurred prior to April 29November 1, 20102017, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ ’s records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the CityCounty’s application during the period of the Contract and shall meet or exceed the 1:2 required match ratioratio of $3,550 per job. a) The City will authorize Process for reimbursement of the Assisted Business to draw up to $349,125 against the funding reserved for the Business’s eligible costs and expenses shall be as follows: i) The Assisted Business will request reimbursement from the County or its representative by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the City. Unless otherwise authorized by the City, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure submitting all information set forth in Section 3: REPORTING of the required matching funds and the creation this contract. ii) Within ten business days of the eligible net new positions by receiving a complete request for reimbursement from the Assisted Business, and after incurring eligible expenses. Upon reasonable requestbased on those documents, the County or its representative will submit a pre-approval Request for Payment to the Department. iii) After pre-approval is granted, the County will submit a final Request for Payment to the Department. iv) The County or its representative will then reimburse the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in new investment at the project site. b) If the City determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, full amount received from the Department may revoke for each eligible expense submitted and approved by the Assisted Business' authority to draw against the reserved amount described herein until such time as the City and the Assisted Business agree on a plan to remedy the deficiency. c) Department. The Assisted Business agrees acknowledges and understands that if it ceases operations at the Project Site during the Contract period the Assisted Business shall immediately reimburse the entire amount reimbursement as described above is contingent and dependent upon proper and timely completion of the grant advanced up to that time to the Department. If the Assisted Business does not create the projected number Project, timely submittal of net new positions that meet BSTF program eligibility requirementsall required documentation, the Assisted Business agrees that it shall reimburse the City a prorated portion of any BSTF funds advanced based on documentation of the actual eligible net new positions created timely reporting as set forth in Section 3, approval by the Assisted BusinessDepartment of all reimbursement payments, and compliance with all terms and conditions hereunder. d) The City reserves the right to withdraw a commitment for any BSTF funds which remain un- disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department.

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed awarded to the Assisted Business Contractor under the Contract shall be up to $7,125 7,500.00 per job, for the (8) jobs that pay at or above the Ravalli County Current Average Wage per eligible net new position job created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 60,000 dollars for the entire Contract. An eligible net new job is defined as one that is new to the company and has not been filled before June 30, 2020. Eligible new job criteria is a full-time job, meaning a predominantly year-round position employs an individual, at a minimum, requiring an average of thirty-five (35) working 35 hours per week on an annual basis, that was hired on or after April 29, 2010of work each week, and pays wages that meet or exceed $16.08/ 17.68 per hour, excluding without employee benefits. The City County will not reimburse the Assisted Business for any costs incurred prior to April 29June 30, 20102020, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the CityCounty’s application during the period of the Contract and shall meet or exceed the 1:2 $1 for every $2 of BSTF financial assistance received required match ratio. a) The City County will authorize the Assisted Business to draw up to $349,125 56,000 (total award minus grant administration) against the funding reserved for the Assisted Business by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the CityCounty. Unless otherwise authorized by the CityCounty, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new positions by the Assisted Business, and after incurring eligible expenses. Upon reasonable request, the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in 30,000 (Match amount) new investment at the project site. b) If the City County determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, the Department may revoke the Assisted Business' authority to draw against the reserved amount described herein until such time as the City County and the Assisted Business agree on a plan to remedy the deficiency. c) The In the event that the County must reimburse the Department ANY amount by reason of the Assisted Business agrees that if it ceases ceasing operations at the Project Site during the Contract period OR the Assisted Business shall immediately reimburse the entire amount of the grant advanced up failing or refusing to that time to the Department. If the Assisted Business does not create the projected number of net new positions that meet BSTF program eligibility requirementsrequirements OR the Assisted Business failing or refusing to perform any requirement for funding eligibility or any obligation incurred by it under the Assistance Agreement, then and in those events, or any one of them, the Assisted Business agrees and promises that it shall reimburse the City a prorated portion County any and all such amounts, including all related expenses and fees, within 30 days of any BSTF funds advanced based on documentation receipt of written notice from the actual eligible net new positions created by the Assisted BusinessCounty. d) The City County reserves the right to withdraw a commitment for any BSTF funds which that remain un- un-disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department. f) The County will request funds from MDOC with which to reimburse the Assisted Business periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new jobs by the Assisted Business, and after incurring eligible expenses.

COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $7,125 7,125, per eligible net new position created by the Assisted Business for documented costs with reimbursement not to exceed a total of $349,125 178,125 dollars for the entire Contract. An eligible net new position employs an individual, at a minimum, an average of thirty-five (35) working hours per week on an annual basis, that was hired on or after April 29October 31, 20102011, and pays wages that meet or exceed $16.08/ per 16.31per hour, excluding benefits. The City will not reimburse the Assisted Business for any costs incurred prior to April 29October 31, 20102011, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’ ’s records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the City’s application during the period of the Contract and shall meet or exceed the 1:2 required match ratio. a) The City will authorize the Assisted Business to draw up to $349,125 178,125 against the funding reserved for the Assisted Business by the Department. In drawing against the reserved amount, the Assisted Business shall follow the instructions supplied by the City. Unless otherwise authorized by the City, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new positions by the Assisted Business, and after incurring eligible expenses. Upon reasonable request, the Assisted Business shall provide substantiation of its investment in capital in excess of the required $183,750 in 89,062.50 new investment at the project site. b) If the City determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, the Department may revoke the Assisted Business' 's authority to draw against the reserved amount described herein until such time as the City and the Assisted Business agree on a plan to remedy the deficiency. c) The Assisted Business agrees that if it ceases operations at the Project Site during the Contract period the Assisted Business shall immediately reimburse the entire amount of the grant advanced up to that time to the Department. If the Assisted Business does not create the projected number of net new positions that meet BSTF program eligibility requirements, the Assisted Business agrees that it shall reimburse the City a prorated portion of any BSTF funds advanced based on documentation of the actual eligible net new positions created by the Assisted Business. d) The City reserves the right to withdraw a commitment for any BSTF funds which remain un- un-disbursed at Contract closeout or at the end of the Contract period. e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department.