Employment Level. In accordance with ORS 285C.200(7)(a) the “annual average employment” of Company within the Zone will increase by 10 percent of the average for the 12 month period preceding the date in which pre-certification takes place. In the event Company is newly established and cannot generate the 12 month average information, it hereby covenants to retain at least 15% of its peak employment during the entire abatement period; or employment will not fall below 50% of its peak employment for more than one year as measured at the end of each tax year.
Employment Level. If Exhibit B attached hereto contains any employment projections, to submit to the Agency the following reports for the purpose of verifying that the Project Beneficiary is achieving the Employment Level: (a) by the 15th day of the first calendar month of each new quarter, a form NYS-45 (the “Quarterly Report,” a copy of the current form of which is attached hereto on Exhibit G) or some other form of reporting that is explicitly approved by the Agency, and (b) by February 1 of each year during the term of this Project Benefits Agreement, a project and employment plan status report (the “Status Report,” a copy of which is attached hereto on Exhibit H and, together with the Annual Report described in Section 5(B) above, being collectively referred to as the “Employment Affidavits”) or some other form that is explicitly approved by the Agency. Full Time Equivalent Employees for each calendar year during the term of this Project Benefits Agreement shall be determined by calculating the average number of Full Time Equivalent Employees for the prior calendar year, computed by adding the number of Full Time Equivalent Employees as of the Project Beneficiary’s last payroll date in the months of March, June, September and December and dividing that sum by 4.
Employment Level. In the Application, the Company projected the following employment level at the Facility (the “Employment Level”) during the term of the Uniform Agency Project Agreement, beginning following completion of the Project: Year FTE’s (combined for Existing Facility and Addition) As of End of Year 1 96 As of End of Year 2 104 As of End of Year 3 112 ARTICLE IV
Employment Level. (1) To maintain, as described in the Application, the following employment level (the “Employment Level”) during the term of the Uniform Agency Project Agreement : Year Retained Employees New Employees Total Employees Prior to Completion Deadline __ Full Time Equivalent Employees Not Applicable ___ Full Time Equivalent Employees Six months following the Completion Deadline through the 18 months following the Completion Deadline ___ Full Time Equivalent Employees __Full Time Equivalent Employees __ Full Time Equivalent Employees
Employment Level. (1) To maintain, as described in the Application, the following employment level (the “Employment Level”) during the term of the Uniform Agency Project Agreement, beginning no later than ( ) years after the Completion Date:
Employment Level. (1) To maintain, as described in the Application, the following employment level (the “Employment Level”) during the term of the Uniform Agency Project Agreement : Year Retained Employees New Employees Total Employees Prior to Completion Deadline Full Time Equivalent Employees Not Applicable Full Time Equivalent Employees
