Failure to Meet Goals. Pursuant to Minn. Stat. § 116J.994, Subd.6, a Project Operator who fails to meet the minimum Building Improvement Value, job and wage goals set forth in this Agreement or applicable State law, City procedure and guidelines for the Border City Development Zone Program in effect on the effective date of this agreement, shall be required to pay to the City an amount equal to the tax exemption plus interest as a set forth in Minn. Stat. § 116J.994, Subd.6 as amended from time to time. The City, after proper public hearing, and evidenced by an amendment made pursuant to Section 10 of this Agreement, may extend this time period for up to one year.
Failure to Meet Goals. Whenever there is a documented failure to meet goals, the involved Employer must develop additional specific outreach strategies and report its plan for achieving compliance to the Committee to improve future performance.
Failure to Meet Goals. In the event a Retail/Commercial Employer has not met the Local and Disadvantaged Hiring Goals, despite complying with the above First Source Referral Process, the Developer shall require the Retail/Commercial Employer to meet with the Developer, the Job Training and First Source Referral Program and Coalition Organizations’ Representative within fourteen (14) days of receipt of a request, to discuss ways to improve referral and hiring practices in order to achieve the Local and Disadvantaged Hiring Goals.
Failure to Meet Goals. In the event the Developer has not met the Local and Disadvantaged Hiring Goals, despite complying with the above First Source Referral Process, the Developer shall, within fourteen (14) days of receiving a request, meet with the Coalition Organizations’ Representative to discuss ways to improve referral and hiring practices in order to achieve the stated Local and Disadvantaged Hiring Goals.
Failure to Meet Goals. The Chairman and CEO may terminate the Employee's employment hereunder at any time for material failure to meet the Performance Goals. The Company shall have no liability or obligation to the Employee hereunder upon termination under this Section 7.3 except for: (i) unpaid salary, (ii) incentive compensation in respect of periods (including partial periods) ended prior to the date of termination, (iii) benefits including unreimbursed expenses accrued to the date of termination and which are payable upon termination, (iv) any obligation arising under any of the Company's (and ALC's) stock option plans and stock awards and (v) the salary to which the Employee would have been entitled for the succeeding twelve months, payable in installments at the times the same would have become due but for the termination, as well as during such time period all employee benefits to which Employee was entitled prior to such termination, other than any officer perquisites and 401(k) plan participation, and upon substantially the same terms and conditions including, but not limited to, Life, Health and Long-Term Disability Insurance coverage; provided, however, that if Employee obtains full-time employment prior to the expiration of the twelve-month period, the provision of these benefits shall terminate although the salary shall continue for the remainder of the period.
Failure to Meet Goals. In the event that the Project Operator fails to meet the new property tax base, wage and employment goals set forth in this Agreement or applicable State law, City procedure and guidelines for the Border City Development Zone Program in effect on the effective date of this agreement, Project Operator shall be required to pay to the City an amount equal to the tax exemption plus interest as a set forth in Minn. Stat. § 116J.994, Subd.6 as amended from time to time. The City, after proper public hearing, and evidenced by an amendment made pursuant to Section 13 of this Agreement, may extend this time period for up to one year. If Project Operator fails to comply with the terms of this agreement, it may not receive any business subsidy from the City for a period of five (5) years from the date of Project Operators failure.
Failure to Meet Goals. Pursuant to Minn. Stat. § 116J.994, Subd.6, a Project Operator who fails to meet the minimum Building Improvement Value, job and wage goals set forth in this Agreement or applicable State law, City procedure and guidelines for the Border City Development Zone Program in effect on the effective date of this agreement, shall be required to pay to the City an amount equal to the tax exemption plus interest as a set forth in Minn. Stat. §
Failure to Meet Goals. Whenever there is a documented failure to meet goals, the general contractor must develop additional specific outreach strategies and report its plan for achieving compliance to the Committee to improve future performance.
