Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 PDT TAXPAYER Telogiks LP By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21, 2017 | 13:27 PDT Exhibit A Milestones Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 Minimum Annual Wage of California Full- Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 3 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 24, 2017 2019 | 14:15 14:07 PDT TAXPAYER Telogiks LP Avexis, Inc. By: Name: Xxxx Xxxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21sVP, 2017 General Counsel March 14, 2019 | 13:27 11:01 PDT Exhibit A Milestones Taxpayer: Avexis, Inc. 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 47 56 74 108 138 168 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 9 27 61 91 121 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 49,000 $45,000 49,000 $45,000 49,000 $45,000 49,000 $45,000 49,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 93,000 $60,000 93,000 $60,000 93,000 $60,000 93,000 $60,000 93,000 Investments $50,000 10,000,000 $100,000 5,000,000 $100,000 5,000,000 $100,000 5,000,000 $100,000 5,000,000 $450,000 30,000,000 Tax Credit Allocation $0 225,000 $40,000 675,000 $100,000 600,000 $160,000 750,000 $100,000 750,000 $400,000 3,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: EA2E40A2-4B5C-4C28-A4B6-30E5B83A8B70 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 3 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 13:27 PDT TAXPAYER Telogiks LP L3 Technologies, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxxxx X. Xxx Xxxxxxx VP October 2127, 2017 | 13:27 12:07 PDT Power Paragon, Inc. By: Name: Title: Date: Xxx Xxxxxxxx Director, Contracts October 27, 2017 | 12:02 PDT Exhibit A Milestones Taxpayer: L3 Technologies, Inc. (Credit Recipient) and Power Paragon, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 424 452 473 505 538 574 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 28 49 81 114 150 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 Investments $50,000 500,000 $100,000 1,750,000 $100,000 1,750,000 $100,000 1,750,000 $100,000 1,750,000 $450,000 7,500,000 Tax Credit Allocation $0 380,000 $40,000 380,000 $100,000 380,000 $160,000 380,000 $100,000 380,000 $400,000 1,900,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 11:25 PDT TAXPAYER Telogiks LP Solatube International, Inc. By: Name: Xxxxx Xxxxxx Title: Chief Financial Officer Date: xxxxxxx xxxxxxx CFO October 21May 18, 2017 | 13:27 13:40 PDT Exhibit A Milestones Taxpayer: Solatube International, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 128 131 133 135 136 137 Net Increase of Full-Time Employees Compared to the Base Year 0 3 5 7 8 25 45 59 9 Minimum Annual Wage Salary of California Full- Time Employees Hired $35,000 $35,000 $35,000 $35,000 $35,000 Cumulative Average Annual Salary of California Full- Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 400,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $450,000 2,000,000 Tax Credit Allocation $0 50,000 $40,000 50,000 $100,000 50,000 $160,000 50,000 $100,000 50,000 $400,000 250,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENTDEVELOPMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 24, 2017 2019 | 14:15 14:00 PDT TAXPAYER Telogiks LP Bitchin’, Inc. By: Name: Xxxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21Chief Financial Officer March 18, 2017 2019 | 13:27 11:08 PDT Exhibit A Milestones Taxpayer: Bitchin', Inc. 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 27 50 75 85 95 103 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 23 48 58 68 76 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 57,000 $60,000 57,000 $60,000 57,000 $60,000 57,000 $60,000 57,000 Investments $50,000 0 $100,000 93,000 $100,000 93,000 $100,000 93,000 $100,000 93,000 $450,000 372,000 Tax Credit Allocation $0 350,000 $40,000 350,000 $100,000 350,000 $160,000 350,000 $100,000 350,000 $400,000 1,750,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 13:40 PDT TAXPAYER Telogiks LP Califia Farms LLC By: Name: Title: Date: xxxxxxx xxxxxxx Xxxxx Xxxxxxxx CFO October 2126, 2017 | 13:27 PDT 00:03 CST Exhibit A Milestones Taxpayer: Califia Farms LLC 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 168 206 266 334 405 468 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 38 98 166 237 300 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 46,000 $60,000 46,000 $60,000 46,000 $60,000 46,000 $60,000 46,000 Investments $50,000 450,000 $100,000 9,860,000 $100,000 15,500,000 $100,000 8,850,000 $100,000 8,450,000 $450,000 43,110,000 Tax Credit Allocation $0 450,000 $40,000 500,000 $100,000 500,000 $160,000 500,000 $100,000 500,000 $400,000 2,450,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 840B609A-5606-4AA1-85A3-E0DB845AA7AE GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and Califia Farms LLC (collectively referred to as Parties) are parties to an agreement that became effective on November 16, 2017 (Agreement). After executing the Agreement, Califia Farms LLC realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31June 4, 2017 2018 | 14:15 10:35 PDT TAXPAYER Telogiks LP US Foods, Inc. By: Name: Xxxxxx Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21Sr. Director, 2017 Real Estate May 30, 2018 | 13:27 14:58 PDT Exhibit A Milestones Taxpayer: US Foods, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 1,767 1,802 1,837 1,939 1,975 1,983 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 35 70 172 208 216 Minimum Annual Wage of California Full- Full-Time Employees Hired $30,000 $30,000 $31,200 $31,200 $31,200 Cumulative Average Annual Wage of California Full-Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 5,100,000 $100,000 53,030,000 $100,000 13,470,000 $100,000 0 $100,000 0 $450,000 71,600,000 Tax Credit Allocation $0 1,150,000 $40,000 1,150,000 $100,000 3,250,000 $160,000 1,150,000 $100,000 300,000 $400,000 7,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 9B11D0F0-A180-49F4-9D87-5164D100EF22 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:04 PDT TAXPAYER Telogiks LP Unique Elevator Interiors, Inc. By: Name: Xxxxxx Xxxxx Title: Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 25, 2017 | 13:27 09:48 PDT Exhibit A Milestones Net Increase of Taxpayer: Unique Elevator Interiors, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 38 41 44 46 48 50 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 Investments $50,000 213,781 $100,000 0 $100,000 0 $100,000 0 $100,000 0 $450,000 213,781 Tax Credit Allocation $0 42,756 $40,000 42,756 $100,000 42,756 $160,000 42,756 $100,000 42,756 $400,000 213,781 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENT(First Amendment to Agreement)
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:14 PDT TAXPAYER Telogiks LP Northern California Tile and Stone, Inc. By: Name: Xxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO president October 2123, 2017 | 13:27 08:42 PDT Exhibit A Milestones Net Increase of Taxpayer: Northern California Tile and Stone, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 Employees1 21 25 45 59 31 37 43 47 Minimum Annual Wage of California Full- Time Employees Hired $45,000 39,000 $45,000 39,000 $45,000 39,000 $45,000 39,000 $45,000 39,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 45,500 $60,000 45,500 $60,000 45,500 $60,000 45,500 $60,000 45,500 Investments $50,000 200,000 $100,000 468,000 $100,000 190,666 $100,000 190,667 $100,000 190,667 $450,000 1,240,000 Tax Credit Allocation $0 31,000 $40,000 31,000 $100,000 31,000 $160,000 31,000 $100,000 31,000 $400,000 155,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: A46B9DFA-5D4F-4931-B91B-EB977B2DD008 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 28, 2017 2019 | 14:15 10:24 PDT TAXPAYER Telogiks LP e.l.f. Cosmetics, Inc. By: Name: Xxx Xxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21SVP-Operations May 15, 2017 2019 | 13:27 16:10 PDT Taxpayer: e.l.f Cosmetics, Inc. Exhibit A Milestones Net Increase of 2013 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 37 110 119 121 123 125 Total California Full-Time Employees1 from Prior CCTC Agreement 101 101 101 101 101 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 63,437 $60,000 63,437 $60,000 63,437 $60,000 63,437 $60,000 63,437 Investments from Prior CCTC Agreement $50,000 1,400,000 $100,000 1,400,000 $100,000 1,400,000 $100,000 0 $100,000 0 Additional Investments for this Agreement $450,000 1,777,000 $572,800 $500,000 $500,000 $500,000 $3,849,800 Tax Credit Allocation from Prior CCTC Agreement $140,000 $140,000 $140,000 $0 $40,000 0 Tax Credit Allocation for this Agreement $100,000 94,205 $160,000 94,205 $100,000 94,205 $400,000 94,205 $94,205 $471,025 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:29 PDT TAXPAYER Telogiks LP Alluxa, Inc. By: Name: Xxxxx Xxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO Chief Financial Officer October 2119, 2017 | 13:27 09:07 PDT Exhibit A Milestones Taxpayer: Alluxa, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 47 49 58 67 77 85 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 2 11 20 30 38 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 58,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 Investments $50,000 1,050,000 $100,000 2,025,000 $100,000 2,095,000 $100,000 2,275,000 $100,000 2,475,000 $450,000 9,920,000 Tax Credit Allocation $0 80,000 $40,000 80,000 $100,000 80,000 $160,000 80,000 $100,000 80,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 2275960C-C955-4CE0-A1C7-4E437943E918 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:46 PDT TAXPAYER Telogiks LP Urata & Sons Concrete, Inc. By: Name: Xxxxxxxxx Xxxxxxxxx Title: Controller Date: xxxxxxx xxxxxxx CFO October 21May 19, 2017 | 13:27 15:06 PDT Exhibit A Milestones Taxpayer: Urata & Sons Concrete, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 231 241 253 264 274 286 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 22 33 43 55 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 Investments $50,000 $100,000 $100,000 150,000 $100,000 175,000 $100,000 200,000 $450,000 225,000 $850,000 Tax Credit Allocation $0 18,000 $40,000 18,000 $100,000 18,000 $160,000 18,000 $100,000 18,000 $400,000 90,000 1 Determined on an annual full-time equivalent basis DocuSign Envelope ID: 263EEB1C-ACA9-481B-AE10-E9C932552672 GOVERNOR’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:49 PDT TAXPAYER Telogiks LP Excelsior Metals, Inc. By: Name: Xxxxxxx Xxxxx III Title: President/Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 19, 2017 | 13:27 14:09 PDT Exhibit A Milestones Net Increase of Taxpayer: Excelsior Metals, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 Employees1 25 45 59 26 28 30 32 34 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 32,000 $45,000 32,000 $45,000 32,000 $45,000 32,000 $45,000 32,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 38,000 $60,000 38,000 $60,000 38,000 $60,000 38,000 $60,000 38,000 Investments $50,000 1,251,375 $100,000 550,000 $100,000 360,000 $100,000 417,425 $100,000 1,039,200 $450,000 3,618,000 Tax Credit Allocation $0 27,000 $40,000 27,000 $100,000 27,000 $160,000 27,000 $100,000 27,000 $400,000 135,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 11:25 PDT TAXPAYER Telogiks LP Solatube International, Inc. By: Name: Xxxxx Xxxxxx Title: Chief Financial Officer Date: xxxxxxx xxxxxxx CFO October 21May 18, 2017 | 13:27 13:40 PDT Exhibit A Milestones Taxpayer: Solatube International, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 128 131 133 135 136 137 Net Increase of Full-Time Employees Compared to the Base Year 0 3 5 7 8 25 45 59 9 Minimum Annual Wage Salary of California Full- Time Employees Hired $35,000 $35,000 $35,000 $35,000 $35,000 Cumulative Average Annual Salary of California Full- Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 400,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $450,000 2,000,000 Tax Credit Allocation $0 50,000 $40,000 50,000 $100,000 50,000 $160,000 50,000 $100,000 50,000 $400,000 250,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENTDEVELOPMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:04 PDT TAXPAYER Telogiks LP Unique Elevator Interiors, Inc. By: Name: Xxxxxx Xxxxx Title: Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 25, 2017 | 13:27 09:48 PDT Exhibit A Milestones Net Increase of Taxpayer: Unique Elevator Interiors, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 38 41 44 46 48 50 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 Investments $50,000 213,781 $100,000 0 $100,000 0 $100,000 0 $100,000 0 $450,000 213,781 Tax Credit Allocation $0 42,756 $40,000 42,756 $100,000 42,756 $160,000 42,756 $100,000 42,756 $400,000 213,781 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENT(First Amendment to Agreement)
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 24, 2017 2019 | 14:15 14:00 PDT TAXPAYER Telogiks LP Bitchin’, Inc. By: Name: Xxxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21Chief Financial Officer March 18, 2017 2019 | 13:27 11:08 PDT Exhibit A Milestones Taxpayer: Bitchin', Inc. 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 27 50 75 85 95 103 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 23 48 58 68 76 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 57,000 $60,000 57,000 $60,000 57,000 $60,000 57,000 $60,000 57,000 Investments $50,000 0 $100,000 93,000 $100,000 93,000 $100,000 93,000 $100,000 93,000 $450,000 372,000 Tax Credit Allocation $0 350,000 $40,000 350,000 $100,000 350,000 $160,000 350,000 $100,000 350,000 $400,000 1,750,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:49 PDT TAXPAYER Telogiks LP Excelsior Metals, Inc. By: Name: Xxxxxxx Xxxxx XXX Title: President/Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 19, 2017 | 13:27 14:09 PDT Exhibit A Milestones Net Increase of Taxpayer: Excelsior Metals, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 Employees1 25 45 59 26 28 30 32 34 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 32,000 $45,000 32,000 $45,000 32,000 $45,000 32,000 $45,000 32,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 38,000 $60,000 38,000 $60,000 38,000 $60,000 38,000 $60,000 38,000 Investments $50,000 1,251,375 $100,000 550,000 $100,000 360,000 $100,000 417,425 $100,000 1,039,200 $450,000 3,618,000 Tax Credit Allocation $0 27,000 $40,000 27,000 $100,000 27,000 $160,000 27,000 $100,000 27,000 $400,000 135,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 2 contracts
Samples: California Competes Tax Credit Allocation Agreement, California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October May 31, 2017 | 14:15 09:28 PDT TAXPAYER Telogiks LP IF Holding II LLC By: Name: Xxxx X. Xxxx Title: Manager Date: xxxxxxx xxxxxxx CFO October 21May 30, 2017 | 13:27 19:46 PDT IF Holding LLC By: Name: Xxxx X. Xxxx Title: Manager Date: May 30, 2017 | 19:46 PDT IF CoPack LLC By: Name: Xxxx X. Xxxx Title: Manager Date: May 30, 2017 | 19:46 PDT IF Land LLC By: Name: Xxxx X. Xxxx Title: Manager Date: May 30, 2017 | 19:46 PDT Exhibit A Milestones Net Increase of Taxpayer: IF Holding II LLC (Credit Recipient), et al. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 79 79 79 85 103 110 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 35,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 Investments $50,000 580,000 $100,000 9,638,000 $100,000 1,857,500 $100,000 500,000 $100,000 99,999 $450,000 12,675,499 Tax Credit Allocation $0 $40,000 0 $100,000 150,000 $160,000 350,000 $100,000 250,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT750,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:12 PDT TAXPAYER Telogiks LP Xxxx Nanotechnologies, Inc. By: Name: Xxxx Xxxxxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO CEO October 2123, 2017 | 13:27 16:57 PDT Exhibit A Milestones Taxpayer: Xxxx Nanotechnologies, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 27 47 53 89 176 240 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 20 26 62 149 213 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 Investments $50,000 3,000,000 $100,000 10,500,000 $100,000 25,000,000 $100,000 50,000,000 $100,000 50,000,000 $450,000 138,500,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 50,000 $100,000 350,000 $400,000 550,000 $450,000 $1,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 85E4A113-7FAB-4E98-BA21-C286ACDCBE9B GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 3125, 2017 2019 | 14:15 15:19 PDT TAXPAYER Telogiks LP Northrop Grumman Systems Corporation By: Name: Xxxxx X. Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO Vice President - Tax October 2125, 2017 2019 | 13:27 07:53 PDT Exhibit A Milestones Taxpayer: Northrop Grumman Systems Corporation 2014 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 21,560 23,416 23,764 23,920 23,920 23,920 Total California Full-Time Employees1 from Prior CCTC Agreement 21,560 22,919 22,919 22,919 22,919 22,919 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 for this Agreement 497 845 1,001 1,001 1,001 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 48,000 $45,000 48,000 $45,000 48,000 $45,000 48,000 $45,000 48,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 Investments from Prior CCTC Agreement $50,000 22,700,000 $100,000 0 $100,000 0 $100,000 0 $100,000 0 Additional Investments for this Agreement $450,000 364,000,000 $451,000,000 $332,000,000 $0 $0 $1,147,000,000 Tax Credit Allocation from Prior CCTC Agreement $1,000,000 $0 $0 $0 $0 Tax Credit Allocation $0 5,000,000 $40,000 10,000,000 $100,000 10,000,000 $160,000 2,500,000 $100,000 2,500,000 $400,000 30,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 26, 2017 | 14:15 14:03 PDT TAXPAYER Telogiks LP Flexport, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Chriskopher Ferro Genera1 Counse1 and Secrekary May 26, 2017 | 13:27 11:21 PDT Exhibit A Milestones Taxpayer: Flexport, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 116 242 339 433 522 602 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 126 223 317 406 486 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 $100,000 $100,000 $100,000 $100,000 $450,000 100,000 Investments $650,000 $375,000 $400,000 $405,000 $405,000 $2,235,000 Tax Credit Allocation $0 200,000 $40,000 200,000 $100,000 200,000 $160,000 200,000 $100,000 200,000 $400,000 1,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 0A08C59B-9222-488D-95CA-076C6FE97A99 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 31April 6, 2017 2020 | 14:15 10:51 PDT TAXPAYER Telogiks LP Northrop Grumman Innovation Systems, Inc. By: Name: Xxxxx X. Xxxxxx Title: Vice President, Tax Date: xxxxxxx xxxxxxx CFO October 21April 1, 2017 2020 | 13:27 06:15 PDT ATK Space Systems, Inc. By: Name: Xxxxx X. Xxxxxx Title: Vice President, Tax April 1, 2020 | 06:15 PDT Date: Orbital Sciences Corporation By: Name: Xxxxx X. Xxxxxx Title: Vice President, Tax Date: April 1, 2020 | 06:15 PDT ATK Launch Systems, Inc By: Name: Xxxxx X. Xxxxxx Title: Vice President, Tax Date: April 1, 2020 | 06:15 PDT Alliant Techsystems Operations LLC By: Name: Xxxxx X. Xxxxxx Title: Vice President, Tax Date: April 1, 2020 | 06:15 PDT Exhibit A Milestones Taxpayer: Northrop Grumman Innovation Systems, Inc. (credit recipient), et al. 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 1,211 1,467 1,527 1,531 1,557 1,557 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 247 307 311 337 337 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 Investments $50,000 12,000,000 $100,000 11,400,000 $100,000 11,100,000 $100,000 11,400,000 $100,000 11,100,000 $450,000 57,000,000 Tax Credit Allocation $0 7,000,000 $40,000 5,000,000 $100,000 1,000,000 $160,000 1,000,000 $100,000 1,000,000 $400,000 15,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 26, 2017 | 14:15 09:33 PDT TAXPAYER Telogiks LP Acco Engineered Systems, Inc. By: Name: Xxxx Xxxxxxxx Title: CFO Date: xxxxxxx xxxxxxx CFO October 21May 25, 2017 | 13:27 17:02 PDT Sunbelt Controls, Inc. By: Name: Xxxx Xxxxxx Title: President Date: May 25, 2017 | 10:43 PDT Sunbelt Electrical, Inc. By: Name: Xxxx Xxxxxxxx Title: Chief Financial Officer Date: May 25, 2017 | 17:02 PDT Exhibit A Milestones Taxpayer: Acco Engineered Systems, Inc., Sunbelt Controls, Inc., and, Sunbelt Electrical, Inc. 2015 Tax Year (Base) 2016 Tax Year 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year Total Total California Full-Time Employees1 2,231 2,241 2,271 2,363 2,417 2,488 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 40 132 186 257 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 34,000 $45,000 34,000 $45,000 34,000 $45,000 34,000 $45,000 34,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 59,000 $60,000 59,000 $60,000 59,000 $60,000 59,000 $60,000 59,000 Investments $50,000 2,150,000 $100,000 8,000,000 $100,000 9,750,000 $100,000 13,400,000 $100,000 10,000,000 $450,000 43,300,000 Tax Credit Allocation $0 330,000 $40,000 330,000 $100,000 330,000 $160,000 330,000 $100,000 330,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT1,650,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:19 PDT TAXPAYER Telogiks LP BMS Holdings LLC By: Name: Title: Date: xxxxxxx xxxxxxx Xxxxx Xxxxxxxxxx CFO October March 21, 2017 2018 | 13:27 10:21 PDT Black Mountain Systems LLC By: Name: Title: Date: Xxxxx Xxxxxxxxxx CFO March 21, 2018 | 10:21 PDT Exhibit A Milestones Taxpayer: BMS Holdings LLC (Credit Recipient) and Black Mountain Systems LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 61 73 86 105 131 168 Net Increase of Full-Time Employees Compared to the Base Year 0 8 12 25 45 59 44 70 107 Minimum Annual Wage of California Full- Time Employees Hired $45,000 65,000 $45,000 65,000 $45,000 65,000 $45,000 65,000 $45,000 65,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 100,000 $100,000 $100,000 $100,000 $100,000 Investments $450,000 216,000 $691,250 $886,250 $90,000 $120,000 $2,003,500 Tax Credit Allocation $0 80,000 $40,000 115,000 $100,000 165,000 $160,000 225,000 $100,000 321,159 $400,000 906,159 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:37 PDT TAXPAYER Telogiks LP Hawke Media LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxx Xxxxxxxx CEO March 16, 2017 2018 | 13:27 13:47 PDT Exhibit A Milestones Taxpayer: Hawke Media LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 111 151 242 347 457 556 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 40 131 236 346 445 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 51,000 $60,000 51,000 $60,000 51,000 $60,000 51,000 $60,000 51,000 Investments $50,000 4,000,000 $100,000 4,000,000 $100,000 5,000,000 $100,000 6,000,000 $100,000 6,000,000 $450,000 25,000,000 Tax Credit Allocation $0 200,000 $40,000 350,000 $100,000 500,000 $160,000 500,000 $100,000 450,000 $400,000 2,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: C5FA4C0E-A9D5-45F7-BC30-70A51EF18A19 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:14 PDT TAXPAYER Telogiks LP Align Technologies LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October Xxxxxxx New Director of Operations March 21, 2017 2018 | 13:27 14:49 PDT Exhibit A Milestones Taxpayer: Align Technologies LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 7 9 11 13 15 17 Net Increase of Full-Time Employees Compared to the Base Year 0 2 4 6 8 25 45 59 10 Minimum Annual Wage of California Full- Time Employees Hired $45,000 37,440 $45,000 37,440 $45,000 37,440 $45,000 37,440 $45,000 37,440 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 37,440 $60,000 37,440 $60,000 37,440 $60,000 37,440 $60,000 37,440 Investments $50,000 165,000 $100,000 0 $100,000 0 $100,000 0 $100,000 0 $450,000 165,000 Tax Credit Allocation $0 50,000 $40,000 50,000 $100,000 50,000 $160,000 50,000 $100,000 50,000 $400,000 250,000 1 Determined on an annual full-time equivalent basis GOVERNOR’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 26, 2017 | 14:15 14:02 PDT TAXPAYER Telogiks LP Hyve Solutions Corporation By: Name: Xxxx Xxxxxxxx Title: Senior Vice President, Corporate Finance & Treasurer Date: xxxxxxx xxxxxxx CFO October 21May 26, 2017 | 13:27 14:01 PDT Exhibit A Milestones Taxpayer: Hyve Solutions Corporation 2015 Tax Year (Base) 2016 Tax Year 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year Total Total California Full-Time Employees1 447 508 538 560 582 604 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 61 91 113 135 157 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 81,000 $45,000 81,000 $45,000 81,000 $45,000 81,000 $45,000 81,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 90,000 $60,000 90,000 $60,000 90,000 $60,000 90,000 $60,000 90,000 Investments $50,000 700,000 $100,000 700,000 $100,000 5,700,000 $100,000 4,400,000 $100,000 0 $450,000 11,500,000 Tax Credit Allocation $0 300,000 $40,000 300,000 $100,000 300,000 $160,000 300,000 $100,000 300,000 $400,000 1,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 1A832B46-8DE0-4A79-9B56-361FA6B6D39C GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 3122, 2017 2018 | 14:15 14:35 PDT TAXPAYER Telogiks LP Digital Map Products, Inc. By: Name: Xxxxxx X. Xxxxxxxxx, Xx. Title: Date: xxxxxxx xxxxxxx CFO Chief Operating Officer October 2117, 2017 2018 | 13:27 10:02 PDT Exhibit A Milestones Taxpayer: Digital Map Products, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 79 87 100 118 138 162 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 21 39 59 83 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 90,000 $60,000 90,000 $60,000 90,000 $60,000 90,000 $60,000 90,000 Investments $50,000 133,333 $100,000 400,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $450,000 1,733,333 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 260,000 $360,000 $400,000 $510,000 $1,690,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 4B62F8D3-B276-4F3B-8200-9207F328E03D GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 24, 2017 2019 | 14:15 13:54 PDT TAXPAYER Telogiks LP Meals for All, Inc. By: Name: Xxxxxxx Xxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21President March 19, 2017 2019 | 13:27 17:27 PDT Exhibit A Milestones Taxpayer: Meals for All, Inc. 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 6 11 21 27 33 38 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 5 15 21 27 32 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 32,000 $45,000 34,000 $45,000 36,000 $45,000 38,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 50,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 25,000 $100,000 19,000 $100,000 14,000 $100,000 16,000 $100,000 500,000 $450,000 574,000 Tax Credit Allocation $0 150,000 $40,000 300,000 $100,000 185,000 $160,000 185,000 $100,000 180,000 $400,000 1 Determined on an annual full1,000,000 DocuSign Envelope ID: 9C12B0B4-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. 6A4A-4595-B790-8BB939F98AF5 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 3122, 2017 2018 | 14:15 14:33 PDT TAXPAYER Telogiks LP KiwiCo, Inc. By: Name: Xxxxxxx Xxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO COO October 2118, 2017 2018 | 13:27 10:03 PDT Taxpayer: KiwiCo, Inc. Exhibit A Milestones 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 78 80 116 139 162 185 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 2 38 61 84 107 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 55,000 $45,000 55,000 $45,000 55,000 $45,000 55,000 $45,000 55,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 78,000 $60,000 78,000 $60,000 78,000 $60,000 78,000 $60,000 78,000 Investments $50,000 0 $100,000 62,500 $100,000 1,285,625 $100,000 1,410,906 $100,000 1,548,552 $450,000 4,307,583 Tax Credit Allocation $0 15,000 $40,000 285,000 $100,000 175,000 $160,000 175,000 $100,000 175,000 $400,000 825,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 811674C4-D949-4822-812E-B5AD7729D3C7 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 31April 6, 2017 2020 | 14:15 10:54 PDT TAXPAYER Telogiks LP Artistic Weavers LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxx Xxxxxx President March 31, 2017 2020 | 13:27 10:42 PDT Exhibit A Milestones Taxpayer: Artistic Weavers, LLC 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 0 15 42 56 58 64 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 15 42 56 58 64 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 33,280 $60,000 33,280 $60,000 34,320 $60,000 34,320 $60,000 35,360 Investments $50,000 3,500,000 $100,000 16,720,000 $100,000 750,000 $100,000 0 $100,000 0 $450,000 20,970,000 Tax Credit Allocation $0 190,000 $40,000 345,000 $100,000 180,000 $160,000 25,000 $100,000 72,000 $400,000 812,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 31April 6, 2017 2020 | 14:15 10:36 PDT TAXPAYER Telogiks LP Universal Standard Housing LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxx Xxxxxxxxx Managing Member April 3, 2017 2020 | 13:27 14:32 PDT USH Builders LLC By: Name: Title: Date: Xxxx Xxxxxxxxx Managing Member April 3, 2020 | 14:32 PDT USH Life, Inc. By: Name: Title: Date: Xxxx Xxxxxxxxx Managing Member April 3, 2020 | 14:32 PDT Taxpayer: Exhibit A Milestones Universal Standard Housing LLC (Credit Recipient), USH Builders LLC, and USH Life, Inc. 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 12 32 171 373 506 572 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 20 159 361 494 560 Minimum Annual Wage of California Full- Full-Time Employees Hired $35,000 $35,000 $35,000 $35,000 $35,000 Cumulative Average Annual Wage of California Full-Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 10,000,000 $100,000 20,000,000 $100,000 20,000,000 $100,000 20,000,000 $100,000 30,000,000 $450,000 100,000,000 Tax Credit Allocation $0 1,000,000 $40,000 4,000,000 $100,000 6,100,000 $160,000 4,100,000 $100,000 2,038,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT17,238,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:21 PDT TAXPAYER Telogiks LP The Guru LLC By: Name: Xxxx Xxxxx Title: Date: xxxxxxx xxxxxxx CFO CEO October 2120, 2017 | 13:27 11:15 PDT Exhibit A Milestones Taxpayer: The Guru LLC 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 5 12 22 27 35 44 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 7 17 22 30 39 Minimum Annual Wage of California Full- Time Employees Hired $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $72,000 $72,000 $72,000 $72,000 $72,000 Investments $100,000 $260,000 $150,000 $120,000 $120,000 $750,000 Tax Credit Allocation $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 300,000 1 Determined on an annual full-time equivalent basis DocuSign Envelope ID: 73C22E01-6AE9-43D4-B40A-BD8BEA86187E STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENTDEVELOPMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31Ockober 22, 2017 2018 | 14:15 14:35 PDT TAXPAYER Telogiks LP Digital Map Products, Inc. By: Name: Xxxxxx X. Pakkerson, Jr. Title: Date: xxxxxxx xxxxxxx CFO October 21Chief Operaking Officer Ockober 17, 2017 2018 | 13:27 10:02 PDT Exhibit A Milestones Taxpayer: Digital Map Products, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 79 87 100 118 138 162 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 21 39 59 83 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 90,000 $60,000 90,000 $60,000 90,000 $60,000 90,000 $60,000 90,000 Investments $50,000 133,333 $100,000 400,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $450,000 1,733,333 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 260,000 $360,000 $400,000 $510,000 $1,690,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 4B62F8D3-B276-4F3B-8200-9207F328E03D GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 26, 2017 | 14:15 09:30 PDT TAXPAYER Telogiks LP Boehringer Ingelheim Fremont, Inc. By: Name: Xxxxx Xxx Title: Date: xxxxxxx xxxxxxx CFO October 21Direckor, Finance May 26, 2017 | 13:27 09:01 PDT Exhibit A Milestones Taxpayer: Boehringer Ingelheim Fremont, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 367 439 514 577 611 625 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 72 147 210 244 258 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 70,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 Investments $50,000 34,000,000 $100,000 30,000,000 $100,000 20,000,000 $100,000 19,000,000 $100,000 19,000,000 $450,000 122,000,000 Tax Credit Allocation $0 1,500,000 $40,000 1,500,000 $100,000 1,500,000 $160,000 1,500,000 $100,000 1,500,000 $400,000 7,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 18DC2C78-82CD-4D13-BA34-CCACA66FFD57 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:28 PDT TAXPAYER Telogiks LP AllConnected, Inc. By: Name: Xxxx XxXxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21President March 16, 2017 2018 | 13:27 18:10 PDT Exhibit A Milestones Net Increase of Taxpayer: AllConnected, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 Employees1 14 15 18 25 45 59 34 46 Minimum Annual Wage of California Full- Time Employees Hired $45,000 31,000 $45,000 31,000 $45,000 31,000 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 31,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 30,000 $100,000 40,000 $100,000 55,000 $100,000 80,000 $100,000 90,000 $450,000 295,000 Tax Credit Allocation $0 10,000 $40,000 30,000 $100,000 70,000 $160,000 80,000 $100,000 110,000 $400,000 300,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: AD73C183-BA4C-4F7F-A39D-8D7C0CE0E9F9 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 15:22 PDT TAXPAYER Telogiks LP StreamGuys, Inc. By: Name: Xxxxxx Xxxxxx Title: President Date: xxxxxxx xxxxxxx CFO October 21May 19, 2017 | 13:27 10:55 PDT Exhibit A Milestones Net Increase of Taxpayer: StreamGuys, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 23 26 30 34 38 42 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 40,000 $60,000 40,000 $60,000 40,000 $60,000 40,000 $60,000 40,000 Investments $50,000 63,696 $100,000 77,944 $100,000 77,944 $100,000 77,944 $100,000 77,472 $450,000 375,000 Tax Credit Allocation $0 50,000 $40,000 50,000 $100,000 50,000 $160,000 50,000 $100,000 50,000 $400,000 250,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 5526EC30-FDD3-4488-BDA1-A1FF1413C985 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and StreamGuys, Inc. (collectively referred to as Parties) are parties to an agreement that became effective on June 15, 2017 (Agreement). After executing the Agreement, StreamGuys, Inc. realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 31June 1, 2017 2021 | 14:15 09:37 PDT TAXPAYER Telogiks LP Kubota Tractor Corporation By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxx Xxxxx Sr. Vice President May 24, 2017 2021 | 13:27 17:16 PDT Kubota North America Corporation By: Name: Title: Date: Xxxx Xxxxx Sr. Vice President May 24, 2021 | 17:16 PDT Exhibit A Milestones Taxpayer: Kubota Tractor Corporation and Kubota North America Corporation 2020 Tax Year (Base) 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year 2025 Tax Year Total Total California Full-Time Employees1 68 75 85 99 112 125 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 7 17 31 44 57 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 34,840 $45,000 34,840 $45,000 34,840 $45,000 34,840 $45,000 34,840 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 43,500 $60,000 43,500 $60,000 43,500 $60,000 43,500 $60,000 43,500 Investments $50,000 9,000,000 $100,000 9,000,000 $100,000 9,000,000 $100,000 9,000,000 $100,000 8,700,000 $450,000 44,700,000 Tax Credit Allocation $0 225,000 $40,000 350,000 $100,000 475,000 $160,000 450,000 $100,000 450,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT1,950,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:46 PDT TAXPAYER Telogiks LP Urata & Sons Concrete, Inc. By: Name: Xxxxxxxxx Xxxxxxxxx Title: Controller Date: xxxxxxx xxxxxxx CFO October 21May 19, 2017 | 13:27 15:06 PDT Exhibit A Milestones Taxpayer: Urata & Sons Concrete, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 231 241 253 264 274 286 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 22 33 43 55 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 Investments $50,000 $100,000 $100,000 150,000 $100,000 175,000 $100,000 200,000 $450,000 225,000 $850,000 Tax Credit Allocation $0 18,000 $40,000 18,000 $100,000 18,000 $160,000 18,000 $100,000 18,000 $400,000 90,000 1 Determined on an annual full-time equivalent basis DocuSign Envelope ID: 263EEB1C-ACA9-481B-AE10-E9C932552672 GOVERNOR’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 26, 2017 | 14:15 09:33 PDT TAXPAYER Telogiks LP Acco Engineered Systems, Inc. By: Name: Xxxx Xxxxxxxx Title: CFO Date: xxxxxxx xxxxxxx CFO October 21May 25, 2017 | 13:27 17:02 PDT Sunbelt Controls, Inc. By: Name: Xxxx Xxxxxx Title: President Date: May 25, 2017 | 10:43 PDT Sunbelt Electrical, Inc. By: Name: Xxxx Xxxxxxxx Title: Chief Financial Officer Date: May 25, 2017 | 17:02 PDT Exhibit A Milestones Taxpayer: Acco Engineered Systems, Inc., Sunbelt Controls, Inc., and, Sunbelt Electrical, Inc. 2015 Tax Year (Base) 2016 Tax Year 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year Total Total California Full-Time Employees1 2,231 2,241 2,271 2,363 2,417 2,488 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 40 132 186 257 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 34,000 $45,000 34,000 $45,000 34,000 $45,000 34,000 $45,000 34,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 59,000 $60,000 59,000 $60,000 59,000 $60,000 59,000 $60,000 59,000 Investments $50,000 2,150,000 $100,000 8,000,000 $100,000 9,750,000 $100,000 13,400,000 $100,000 10,000,000 $450,000 43,300,000 Tax Credit Allocation $0 330,000 $40,000 330,000 $100,000 330,000 $160,000 330,000 $100,000 330,000 $400,000 1,650,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 31April 5, 2017 2021 | 14:15 07:50 PDT TAXPAYER Telogiks LP Xxxxx Xxxx, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21XXXXX XXXX CEO March 25, 2017 2021 | 13:27 16:24 PDT Exhibit A Milestones Taxpayer: Xxxxx Xxxx, Inc. 2020 Tax Year (Base) 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year 2025 Tax Year Total Total California Full-Time Employees1 258 265 274 283 296 309 Net Increase of Full-Time Employees Compared to the Base Year 0 8 7 16 25 45 59 38 51 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 34,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 Investments $50,000 561,000 $100,000 1,600,000 $100,000 1,726,000 $100,000 1,069,000 $100,000 864,000 $450,000 5,820,000 Tax Credit Allocation $0 280,000 $40,000 350,000 $100,000 350,000 $160,000 $100,000 500,000 $400,000 $2,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 34A38022-A92F-46A0-9220-7B2E5E6A305A GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 31April 6, 2017 2020 | 14:15 10:37 PDT TAXPAYER Telogiks LP Rexnord Industries LLC By: Name: Xxxxxx Xxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21Vice President - Tax April 3, 2017 2020 | 13:27 13:20 PDT Xxxx Industries LLC By: Name: Xxxxxx Xxxxxxxx Title: Date: Vice President - Tax April 3, 2020 | 13:20 PDT Exhibit A Milestones Taxpayer: Rexnord Industries LLC (Credit Recipient) and Xxxx Industries LLC 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 360 367 380 395 402 407 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 7 20 35 42 47 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 58,000 $60,000 58,000 $60,000 58,000 $60,000 58,000 $60,000 58,000 Investments $50,000 500,000 $100,000 3,300,000 $100,000 2,800,000 $100,000 2,900,000 $100,000 3,000,000 $450,000 12,500,000 Tax Credit Allocation $0 150,000 $40,000 350,000 $100,000 350,000 $160,000 200,000 $100,000 150,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT1,200,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October Ockober 31, 2017 | 14:15 14:13 PDT TAXPAYER Telogiks LP Vungle, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Fe1icia Su Conkro11er Ockober 23, 2017 | 13:27 12:04 PDT Exhibit A Milestones Taxpayer: Vungle, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 100 100 125 143 156 166 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 43 56 66 Minimum Annual Wage of California Full- Time Employees Hired $45,000 31,000 $45,000 31,000 $45,000 31,000 $45,000 31,000 $45,000 31,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 118,000 $60,000 118,000 $60,000 118,000 $60,000 118,000 $60,000 118,000 Investments $50,000 674,000 $100,000 896,000 $100,000 1,171,999 $100,000 1,289,200 $100,000 1,353,660 $450,000 5,384,859 Tax Credit Allocation $0 $40,000 275,000 $100,000 275,000 $160,000 275,000 $100,000 275,000 $400,000 1,100,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: A1C55F16-C71B-4C84-8860-F3EE54C9C08D GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:19 PDT TAXPAYER Telogiks LP Xxxxx Xxxxxxxxxx BMS Holdings LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October March 21, 2017 2018 | 13:27 10:21 PDT Black Mountain Systems LLC By: Name: Title: Date: Xxxxx Xxxxxxxxxx CFO March 21, 2018 | 10:21 PDT Exhibit A Milestones Taxpayer: BMS Holdings LLC (Credit Recipient) and Black Mountain Systems LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 61 73 86 105 131 168 Net Increase of Full-Time Employees Compared to the Base Year 0 8 12 25 45 59 44 70 107 Minimum Annual Wage of California Full- Time Employees Hired $45,000 65,000 $45,000 65,000 $45,000 65,000 $45,000 65,000 $45,000 65,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 100,000 $100,000 $100,000 $100,000 $100,000 Investments $450,000 216,000 $691,250 $886,250 $90,000 $120,000 $2,003,500 Tax Credit Allocation $0 80,000 $40,000 115,000 $100,000 165,000 $160,000 225,000 $100,000 321,159 $400,000 906,159 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Acting Director Date: October 31June 1, 2017 2020 | 14:15 09:02 PDT TAXPAYER Telogiks LP BW Industries, Inc. By: Name: Xxxx Xxxxxxx Title: Date: CEO May 21, 2020 | 08:32 PDT 1701 Partners LLC By: Name: Xxxx Xxxxxxx Title: Date: CEO May 21, 2020 | 08:32 PDT Bitwise at State Center LLC By: Name: Xxxx Xxxxxxx Title: Date: CEO May 21, 2020 | 08:32 PDT BitwiseBKF LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October Xxxx Xxxxxxx CEO May 21, 2017 2020 | 13:27 08:32 PDT Xxxxxx Row LLC By: Name: Title: Date: Xxxx Xxxxxxx CEO May 21, 2020 | 08:32 PDT Exhibit A Milestones Taxpayer: BW Industries, Inc. (credit recipient), et al. 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 95 176 297 459 660 902 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 81 202 364 565 807 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 41,600 $45,000 41,600 $45,000 41,600 $45,000 41,600 $45,000 41,600 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 Investments $50,000 4,000,000 $100,000 5,000,000 $100,000 5,000,000 $100,000 5,000,000 $100,000 5,000,000 $450,000 24,000,000 Tax Credit Allocation $0 250,000 $40,000 800,000 $100,000 1,100,000 $160,000 1,350,000 $100,000 1,500,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT5,000,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:23 PDT TAXPAYER Telogiks LP Diamond Mattress Company, Inc. By: Name: Xxxxx Xxxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21President March 20, 2017 2018 | 13:27 14:20 PDT Exhibit A Milestones Taxpayer: Diamond Mattress Company, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 229 249 256 287 317 350 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 20 27 58 88 121 Minimum Annual Wage of California Full- Time Employees Hired $45,000 35,000 $45,000 36,000 $45,000 38,000 $45,000 40,000 $45,000 42,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 40,000 $60,000 42,674 $60,000 43,928 $60,000 45,680 $60,000 47,453 Investments $50,000 902,500 $100,000 $100,000 1,550,000 $100,000 1,540,000 $100,000 0 $450,000 4,092,500 Tax Credit Allocation $0 276,691 $40,000 96,842 $100,000 428,871 $160,000 415,035 $100,000 456,540 $400,000 1 Determined on an annual full1,673,979 DocuSign Envelope ID: 3B17A811-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. 5906-4591-AD98-FB7863B2ECA1 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFGICrEteOaF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 31pril 6, 2017 2020 | 14:15 10:50 PDT TAXPAYER Telogiks LP Spartan Motors USA, Inc. By: Name: Xxxx xxxxxxx Title: orporate Director of Human Resources Date: xxxxxxx xxxxxxx CFO October 21pril 1, 2017 2020 | 13:27 09:18 PDT Exhibit A Milestones Taxpayer: Spartan Motors USA, Inc. 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 226 240 275 295 305 314 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 14 49 69 79 88 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 33,280 $60,000 34,052 $60,000 34,052 $60,000 34,052 $60,000 34,052 Investments $50,000 450,000 $100,000 500,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $450,000 2,150,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 200,000 $100,000 130,000 $400,000 65,000 $75,998 $570,998 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Acting Director Date: October 31June 1, 2017 2020 | 14:15 08:59 PDT TAXPAYER Telogiks LP Vision Fine Foods LLC By: Name: Xxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21president May 20, 2017 2020 | 13:27 19:23 PDT Best Express Foods, Inc. By: Name: Xxxxx Xxxxxxx Title: Date: president May 20, 2020 | 19:23 PDT Exhibit A Milestones Taxpayer: Vision Fine Foods LLC and Best Express Foods, Inc. 2015 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 224 367 395 410 420 430 Total California Full-Time Employees1 from Prior CCTC Agreement 339 339 339 339 339 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 for this Agreement 28 56 71 81 91 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 32,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 32,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 Investments from Prior CCTC Agreement $50,000 522,773 $0 $0 $0 $0 Additional Investments for this Agreement $6,120,895 $5,771,000 $2,175,000 $925,000 $730,000 $15,721,895 Tax Credit Allocation from Prior CCTC Agreement $20,000 $0 $0 $0 $0 Tax Credit Allocation $200,000 $300,000 $150,000 $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT850,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:10 PDT TAXPAYER Telogiks LP United Parcel Service, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxx Xxxxxxxxx Assistant Treas October 2125, 2017 | 13:27 07:19 PDT BT-OH LLC By: Name: Title: Date: Xxx Xxxxxxxxx Assistant Treas October 25, 2017 | 07:19 PDT Exhibit A Milestones Taxpayer: United Parcel Service, Inc. and BT-OH LLC 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 15,292 15,472 15,647 15,847 16,072 16,272 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 180 355 555 780 980 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 39,000 $45,000 39,000 $45,000 39,000 $45,000 39,000 $45,000 39,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 39,000 $60,000 39,000 $60,000 39,000 $60,000 39,000 $60,000 39,000 Investments $50,000 0 $100,000 155,000,000 $100,000 120,000,000 $100,000 0 $100,000 0 $450,000 275,000,000 Tax Credit Allocation $0 600,000 $40,000 600,000 $100,000 600,000 $160,000 600,000 $100,000 600,000 $400,000 3,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development, United Parcel Service, Inc., and BT-OH LLC (collectively referred to as Parties) are parties to an agreement that became effective on November 16, 2017 (Agreement). After executing the Agreement, United Parcel Service, Inc. and BT-OH LLC realized that they had inadvertently miscalculated the number of full-time employees employed during their base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 PDT TAXPAYER Telogiks LP Taboola, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx Xxxxx Xxxx CFO October 2122, 2017 | 13:27 14:21 PDT Perfect Market, Inc. By: Name: Title: Date: Xxxxx Xxxx CFO October 22, 2017 | 14:21 PDT Exhibit A Milestones Taxpayer: Taboola, Inc., (Credit Recipient), & Perfect Market, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 37 53 56 80 107 137 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 16 19 43 70 100 Minimum Annual Wage of California Full- Time Employees Hired $45,000 75,000 $45,000 75,000 $45,000 75,000 $45,000 75,000 $45,000 75,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 115,000 $60,000 115,000 $60,000 115,000 $60,000 115,000 $60,000 115,000 Investments $50,000 350,000 $100,000 473,000 $100,000 0 $100,000 2,191,381 $100,000 0 $450,000 3,014,381 Tax Credit Allocation $0 55,000 $40,000 55,000 $100,000 55,000 $160,000 55,000 $100,000 55,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT275,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 3115, 2017 2021 | 14:15 13:59 PDT TAXPAYER Telogiks LP The Azoff Music Company LLC By: Name: Xxxxx Xxxxxxx Title: Date: CFO October 6, 2021 | 15:09 PDT The Azoff Company Consolidated LLC By: Name: Xxxxx Xxxxxxx Title: Date: CFO October 6, 2021 | 15:09 PDT Global Music Rights LLC By: Name: Title: Date: xxxxxxx xxxxxxx Xxxxx Xxxxxxx CFO October 216, 2017 2021 | 13:27 15:09 PDT Full Stop Management LLC By: Name: Xxxxx Xxxxxxx Title: Date: CFO October 6, 2021 | 15:09 PDT Iconic Artists Group LLC By: Name: Xxxxx Xxxxxxx Title: Date: CFO October 6, 2021 | 15:09 PDT Tac Records LLC By: Name: Title: Date: Xxxxx Xxxxxxx CFO October 6, 2021 | 15:09 PDT Exhibit A Milestones Taxpayer: The Azoff Music Company LLC (credit recipient), et al. 2020 Tax Year (Base) 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year 2025 Tax Year Total Total California Full-Time Employees1 113 120 132 150 169 189 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 7 19 37 56 76 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 Investments $50,000 1,500,000 $100,000 2,750,000 $100,000 3,250,000 $100,000 3,250,000 $100,000 3,250,000 $450,000 14,000,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 150,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT$400,000 $400,000 $400,000 $1,750,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 13:40 PDT TAXPAYER Telogiks LP Xxxxxx-Xxxx Manufacturing Company By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxx Xxxxxxxx Senior Director of Global Tax October 2125, 2017 | 13:27 07:38 PDT Exhibit A Milestones Taxpayer: Xxxxxx-Xxxx Manufacturing Company 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 159 177 204 229 245 258 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 18 45 59 70 86 99 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 40,000 $60,000 40,000 $60,000 42,000 $60,000 42,000 $60,000 43,000 Investments $50,000 500,000 $100,000 1,675,000 $100,000 1,650,000 $100,000 1,325,000 $100,000 1,350,000 $450,000 6,500,000 Tax Credit Allocation $0 132,000 $40,000 132,000 $100,000 132,000 $160,000 132,000 $100,000 132,000 $400,000 660,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:47 PDT TAXPAYER Telogiks LP Entekra, Inc. By: Name: Xxxxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21March 15, 2017 2018 | 13:27 04:17 PDT Exhibit A Milestones Taxpayer: Entekra, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 for this Agreement 0 32 107 214 262 265 Total California Full-Time Employees1 from Prior CCTC Agreement 32 55 71 84 84 Net Increase of Full-Time Employees Compared to the Base Year for this agreement 0 8 25 45 59 52 143 178 181 Minimum Annual Wage of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 31,200 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 36,000 $60,000 36,000 $60,000 36,000 $60,000 36,000 $60,000 36,000 Investments from Prior CCTC Agreement $50,000 4,537,000 $100,000 2,282,000 $100,000 1,292,000 $100,000 512,000 $100,000 0 Additional Investments for this Agreement $450,000 0 $12,650,000 $7,900,000 $0 $0 $20,550,000 Tax Credit Allocation from Prior CCTC Agreement $150,000 $150,000 $150,000 $150,000 $0 Tax Credit Allocation for this Agreement $0 $40,000 1,100,000 $100,000 1,750,000 $160,000 $100,000 750,000 $400,000 $4,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA DocuSign Envelope ID: X00X0X0X-0000-0X0X-0000-0XX000X00X0X XXXXX XX XXXXXXXXXX 🞟 OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:22 PDT TAXPAYER Telogiks LP Transform Partners LLC By: Name: Firak Ozkan Title: Date: xxxxxxx xxxxxxx CFO October 21VP Sa1es & Markeking March 20, 2017 2018 | 13:27 14:43 PDT Exhibit A Milestones Taxpayer: Transform Partners LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 47 50 61 73 83 88 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 3 14 26 36 41 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 54,000 $60,000 54,000 $60,000 54,000 $60,000 54,000 $60,000 54,000 Investments $111,750 $10,319,000 $50,000 $100,000 14,000 $100,000 34,000 $100,000 $100,000 $450,000 10,528,750 Tax Credit Allocation $0 75,000 $40,000 265,000 $100,000 285,000 $160,000 250,000 $100,000 125,000 $400,000 1,000,000 1 Determined on an annual full-time equivalent basis DocuSign Envelope ID: 8BE3681B-225F-49F8-8E69-F25BFEBD7846 GOVERNOR’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and Transform Partners LLC (collectively referred to as Parties) are parties to an agreement that became effective on April 12, 2018 (Agreement). After executing the Agreement, Transform Partners LLC realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 13:27 PDT TAXPAYER Telogiks LP L3 Technologies, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxxxx X. Xxx Xxxxxxx VP October 2127, 2017 | 13:27 12:07 PDT Power Paragon, Inc. By: Name: Title: Date: Xxx Xxxxxxxx Director, Contracts October 27, 2017 | 12:02 PDT Exhibit A Milestones Taxpayer: L3 Technologies, Inc. (Credit Recipient) and Power Paragon, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 424 452 473 505 538 574 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 28 49 81 114 150 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 Investments $50,000 500,000 $100,000 1,750,000 $100,000 1,750,000 $100,000 1,750,000 $100,000 1,750,000 $450,000 7,500,000 Tax Credit Allocation $0 380,000 $40,000 380,000 $100,000 380,000 $160,000 380,000 $100,000 380,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT1,900,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 26, 2017 | 14:15 09:31 PDT TAXPAYER Telogiks LP Xxxxx Pacific Xxxxxx X. Xxxxx By: Name: Title: President Date: xxxxxxx xxxxxxx CFO October 21May 26, 2017 | 13:27 08:36 PDT Exhibit A Milestones Taxpayer: Xxxxx Pacific 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 934 1,042 1,241 1,253 1,253 1,253 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 108 307 319 319 319 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 33,000 $60,000 33,000 $60,000 33,000 $60,000 33,000 $60,000 33,000 Investments $50,000 6,168,000 $100,000 1,500,000 $100,000 1,500,000 $100,000 1,500,000 $100,000 1,500,000 $450,000 12,168,000 Tax Credit Allocation $0 300,000 $40,000 300,000 $100,000 300,000 $160,000 300,000 $100,000 300,000 $400,000 1,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: DC51CEF1-4BAA-407F-9FF3-1D436DAA4258 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:01 PDT TAXPAYER Telogiks LP Xxxxxxxx Repair Information Company LLC By: Name: Xxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21General Manager March 23, 2017 2018 | 13:27 14:33 PDT Exhibit A Milestones Net Increase of Taxpayer: Xxxxxxxx Repair Information Company LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 313 314 316 321 328 335 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 Investments $50,000 6,970,000 $100,000 13,727,500 $100,000 1,500,000 $100,000 1,500,000 $100,000 1,500,000 $450,000 25,197,500 Tax Credit Allocation $0 35,000 $40,000 70,000 $100,000 235,000 $160,000 235,000 $100,000 175,000 $400,000 750,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: FFC1BE3E-4130-4160-9849-4316DBBC7696 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 31April 5, 2017 2021 | 14:15 07:50 PDT TAXPAYER Telogiks LP Xxxxx Xxxx, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21XXXXX XXXX CEO March 25, 2017 2021 | 13:27 16:24 PDT Exhibit A Milestones Taxpayer: Xxxxx Xxxx, Inc. 2020 Tax Year (Base) 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year 2025 Tax Year Total Total California Full-Time Employees1 258 265 274 283 296 309 Net Increase of Full-Time Employees Compared to the Base Year 0 8 7 16 25 45 59 38 51 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 34,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 Investments $50,000 561,000 $100,000 1,600,000 $100,000 1,726,000 $100,000 1,069,000 $100,000 864,000 $450,000 5,820,000 Tax Credit Allocation $0 280,000 $40,000 350,000 $100,000 350,000 $160,000 $100,000 500,000 $400,000 $2,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 34A38022-A92F-46A0-9220-7B2E5E6A305A GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:37 PDT TAXPAYER Telogiks LP Hawke Media LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxx Xxxxxxxx CEO March 16, 2017 2018 | 13:27 13:47 PDT Exhibit A Milestones Taxpayer: Hawke Media LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 111 151 242 347 457 556 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 40 131 236 346 445 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 51,000 $60,000 51,000 $60,000 51,000 $60,000 51,000 $60,000 51,000 Investments $50,000 4,000,000 $100,000 4,000,000 $100,000 5,000,000 $100,000 6,000,000 $100,000 6,000,000 $450,000 25,000,000 Tax Credit Allocation $0 200,000 $40,000 350,000 $100,000 500,000 $160,000 500,000 $100,000 450,000 $400,000 2,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: C5FA4C0E-A9D5-45F7-BC30-70A51EF18A19 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:14 PDT TAXPAYER Telogiks LP ReAction Optics, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxx Xxxxxxx COO October 2123, 2017 | 13:27 08:30 PDT Taxpayer: ReAction Optics, Inc. Exhibit A Milestones Net Increase of 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year Employees1 0 8 25 45 59 3 12 19 24 26 Minimum Annual Wage of California Full- Time Employees Hired $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 $45,000 33,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 40,000 $60,000 40,000 $60,000 40,000 $60,000 40,000 $60,000 40,000 Investments $50,000 2,160,000 $100,000 99,000 $100,000 120,000 $100,000 139,000 $100,000 129,000 $450,000 2,647,000 Tax Credit Allocation $0 66,000 $40,000 66,000 $100,000 66,000 $160,000 66,000 $100,000 66,000 $400,000 330,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA DocuSign Envelope ID: X0XX0X00-00XX-0XX0-XX00-X00X00X000X0 XXXXX XX XXXXXXXXXX 🞟 OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENTDEVELOPMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:20 PDT TAXPAYER Telogiks LP Affirm, Inc. By: Name: Xxxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21VP Finance & Capital Markets March 14, 2017 2018 | 13:27 09:57 PDT Exhibit A Milestones Taxpayer: Affirm, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 248 381 514 614 714 814 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 133 266 366 466 566 Minimum Annual Wage of California Full- Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 100,000 $100,000 $100,000 $100,000 $100,000 Investments $450,000 334,000 $600,000 $1,000,000 $1,000,000 $1,000,000 $3,934,000 Tax Credit Allocation $0 950,000 $40,000 950,000 $100,000 700,000 $160,000 700,000 $100,000 700,000 $400,000 4,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: D280C84D-1802-423C-ABCA-4915688E6EA2 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 15:22 PDT TAXPAYER Telogiks LP StreamGuys, Inc. By: Name: Xxxxxx Xxxxxx Title: President Date: xxxxxxx xxxxxxx CFO October 21May 19, 2017 | 13:27 10:55 PDT Exhibit A Milestones Net Increase of Taxpayer: StreamGuys, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 23 26 30 34 38 42 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 40,000 $60,000 40,000 $60,000 40,000 $60,000 40,000 $60,000 40,000 Investments $50,000 63,696 $100,000 77,944 $100,000 77,944 $100,000 77,944 $100,000 77,472 $450,000 375,000 Tax Credit Allocation $0 50,000 $40,000 50,000 $100,000 50,000 $160,000 50,000 $100,000 50,000 $400,000 250,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 5526EC30-FDD3-4488-BDA1-A1FF1413C985 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and StreamGuys, Inc. (collectively referred to as Parties) are parties to an agreement that became effective on June 15, 2017 (Agreement). After executing the Agreement, StreamGuys, Inc. realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 31April 5, 2017 2021 | 14:15 07:47 PDT TAXPAYER Telogiks LP Creative Packaging Company Which Will Do Business in California as: Creative Cold Chain By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxx Xxxxx VP-Accounting & Finance April 1, 2017 2021 | 13:27 19:19 PDT Exhibit A Milestones Taxpayer: Creative Packaging Company Which Will Do Business in California as: Creative Cold Chain 2020 Tax Year (Base) 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year 2025 Tax Year Total Total California Full-Time Employees1 15 30 44 53 64 76 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 15 29 38 49 61 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 32,000 $45,000 32,000 $45,000 32,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 39,000 $60,000 39,000 $60,000 39,000 $60,000 39,000 $60,000 39,000 Investments $50,000 413,000 $100,000 554,000 $100,000 393,000 $100,000 370,000 $100,000 385,000 $450,000 2,115,000 Tax Credit Allocation $0 200,000 $40,000 275,000 $100,000 185,000 $160,000 210,000 $100,000 230,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT1,100,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 31April 5, 2017 2021 | 14:15 07:48 PDT TAXPAYER Telogiks LP Nongshim Holdings USA, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxx Xxx C.F.O 2021년3월30일 | 14:15 PDT Nongshim America, 2017 inc. By: Name: Title: Date: Xxxxx Xxx C.F.O 2021년3월30일 | 13:27 14:15 PDT Exhibit A Milestones Taxpayer: Nongshim Holdings USA, Inc. and Nongshim America, Inc. 2020 Tax Year (Base) 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year 2025 Tax Year Total Total California Full-Time Employees1 396 453 569 641 664 669 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 57 173 245 268 273 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 32,240 $45,000 33,280 $45,000 34,320 $45,000 35,360 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 40,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 43,000 Investments $50,000 25,000,000 $100,000 25,000,000 $100,000 22,500,000 $100,000 22,500,000 $100,000 5,000,000 $450,000 100,000,000 Tax Credit Allocation $0 700,000 $40,000 1,500,000 $100,000 925,000 $160,000 300,000 $100,000 75,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT3,500,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 3125, 2017 2019 | 14:15 15:19 PDT TAXPAYER Telogiks LP Northrop Grumman Systems Corporation By: Name: Xxxxx X. Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO Vice President - Tax October 2125, 2017 2019 | 13:27 07:53 PDT Exhibit A Milestones Taxpayer: Northrop Grumman Systems Corporation 2014 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 21,560 23,416 23,764 23,920 23,920 23,920 Total California Full-Time Employees1 from Prior CCTC Agreement 21,560 22,919 22,919 22,919 22,919 22,919 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 for this Agreement 497 845 1,001 1,001 1,001 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 48,000 $45,000 48,000 $45,000 48,000 $45,000 48,000 $45,000 48,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 $60,000 75,000 Investments from Prior CCTC Agreement $50,000 22,700,000 $100,000 0 $100,000 0 $100,000 0 $100,000 0 Additional Investments for this Agreement $450,000 364,000,000 $451,000,000 $332,000,000 $0 $0 $1,147,000,000 Tax Credit Allocation from Prior CCTC Agreement $1,000,000 $0 $0 $0 $0 Tax Credit Allocation $0 5,000,000 $40,000 10,000,000 $100,000 10,000,000 $160,000 2,500,000 $100,000 2,500,000 $400,000 30,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 26, 2017 | 14:15 09:31 PDT TAXPAYER Telogiks LP Xxxxx Pacific Xxxxxx X. Xxxxx By: Name: Title: President Date: xxxxxxx xxxxxxx CFO October 21May 26, 2017 | 13:27 08:36 PDT Exhibit A Milestones Taxpayer: Xxxxx Pacific 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 934 1,042 1,241 1,253 1,253 1,253 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 108 307 319 319 319 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 33,000 $60,000 33,000 $60,000 33,000 $60,000 33,000 $60,000 33,000 Investments $50,000 6,168,000 $100,000 1,500,000 $100,000 1,500,000 $100,000 1,500,000 $100,000 1,500,000 $450,000 12,168,000 Tax Credit Allocation $0 300,000 $40,000 300,000 $100,000 300,000 $160,000 300,000 $100,000 300,000 $400,000 1,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: DC51CEF1-4BAA-407F-9FF3-1D436DAA4258 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31June 4, 2017 2018 | 14:15 10:45 PDT TAXPAYER Telogiks LP Ergostech Renewable Energy Solution LLC By: Name: Luciana Xxxx Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21CEO May 28, 2017 2018 | 13:27 08:36 PDT Exhibit A Milestones Taxpayer: Ergostech Renewable Energy Solution LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 0 1 2 8 15 15 Net Increase of Full-Time Employees Compared to the Base Year 0 1 2 8 25 45 59 15 15 Minimum Annual Wage of California Full- Full-Time Employees Hired $31,600 $31,600 $31,600 $31,600 $31,600 Cumulative Average Annual Wage of California Full-Time Employees Hired $31,600 $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 0 $100,000 700,000 $100,000 7,000,000 $100,000 1,900,000 $100,000 2,400,000 $450,000 12,000,000 Tax Credit Allocation $0 35,000 $40,000 35,000 $100,000 145,000 $160,000 155,000 $100,000 155,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT525,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31June 4, 2017 2018 | 14:15 12:11 PDT TAXPAYER Telogiks LP Niantic, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxx Xxxxxxx VP, 2017 Finance May 17, 2018 | 13:27 15:31 PDT Exhibit A Milestones Taxpayer: Niantic, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 72 133 196 247 287 327 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 61 124 175 215 255 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 55,000 $45,000 55,000 $45,000 55,000 $45,000 55,000 $45,000 55,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 125,000 $60,000 125,000 $60,000 125,000 $60,000 125,000 $60,000 125,000 Investments $50,000 900,000 $100,000 1,593,625 $100,000 1,593,625 $100,000 1,593,625 $100,000 1,593,625 $450,000 7,274,500 Tax Credit Allocation $0 600,000 $40,000 600,000 $100,000 600,000 $160,000 600,000 $100,000 600,000 $400,000 3,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 41AC3FEA-9D0C-426B-8450-6BBE549580C9 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:37 PDT TAXPAYER Telogiks LP ACC-GWG LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxx Xxxxx Senior VP October 2127, 2017 | 13:27 11:02 PDT Exhibit A Milestones Net Increase of Taxpayer: ACC-GWG LLC 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 80 81 83 83 84 85 Minimum Annual Wage of California Full- Time Employees Hired $45,000 34,000 $45,000 34,000 $45,000 34,000 $45,000 34,000 $45,000 34,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 650,000 $100,000 1,000,000 $100,000 400,000 $100,000 400,000 $100,000 400,000 $450,000 2,850,000 Tax Credit Allocation $0 29,000 $40,000 29,000 $100,000 29,000 $160,000 29,000 $100,000 29,000 $400,000 145,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 0090784B-197C-47FC-9D13-CF049AAAAAE5 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:38 PDT TAXPAYER Telogiks LP NMI Industrial Holdings, Inc. By: Name: Xxxxx Xxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21CEO March 16, 2017 2018 | 13:27 13:07 PDT Exhibit A Milestones Taxpayer: NMI Industrial Holdings, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 46 52 58 64 70 76 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 6 12 18 24 30 Minimum Annual Wage of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 31,200 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 335,000 $100,000 770,000 $100,000 1,155,000 $100,000 120,000 $100,000 140,000 $450,000 2,520,000 Tax Credit Allocation $0 110,000 $40,000 110,000 $100,000 110,000 $160,000 110,000 $100,000 110,000 $400,000 550,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: A6CBA57D-3587-4907-AABE-38CEE5F63200 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 13:52 PDT TAXPAYER Telogiks LP The Assay Depot, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxxxxxx Xxxxx Vice President - Finance October 2120, 2017 | 13:27 11:33 PDT Exhibit A Milestones Taxpayer: The Assay Depot, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 11 22 35 44 52 60 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 11 24 33 41 49 Minimum Annual Wage of California Full- Time Employees Hired $45,000 31,000 $45,000 31,000 $45,000 31,000 $45,000 31,000 $45,000 31,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 Investments $50,000 7,000 $100,000 17,000 $100,000 17,000 $100,000 17,000 $100,000 17,000 $450,000 75,000 Tax Credit Allocation $0 70,000 $40,000 70,000 $100,000 70,000 $160,000 70,000 $100,000 70,000 $400,000 350,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 245CC351-9906-462D-B937-7DF9F6E7FF94 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:27 PDT TAXPAYER Telogiks LP Zacky & Sons Poultry LLC By: Name: Xxxxxxx Xxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21manager of the LLC March 19, 2017 2018 | 13:27 14:54 PDT Exhibit A Milestones Taxpayer: Zacky & Sons Poultry LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 811 816 821 826 831 839 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 5 10 15 20 28 Minimum Annual Wage of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 35,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 Investments $50,000 6,700,000 $100,000 500,000 $100,000 0 $100,000 0 $100,000 0 $450,000 7,200,000 Tax Credit Allocation $0 150,000 $40,000 150,000 $100,000 150,000 $160,000 150,000 $100,000 200,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT800,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:12 PDT TAXPAYER Telogiks LP Xxxx Nanotechnologies, Inc. By: Name: Xxxx Xxxxxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO CEO October 2123, 2017 | 13:27 16:57 PDT Exhibit A Milestones Taxpayer: Xxxx Nanotechnologies, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 27 47 53 89 176 240 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 20 26 62 149 213 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 Investments $50,000 3,000,000 $100,000 10,500,000 $100,000 25,000,000 $100,000 50,000,000 $100,000 50,000,000 $450,000 138,500,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 50,000 $100,000 350,000 $400,000 550,000 $450,000 $1,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 85E4A113-7FAB-4E98-BA21-C286ACDCBE9B GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 28, 2017 2019 | 14:15 10:24 PDT TAXPAYER Telogiks LP e.l.f. Cosmetics, Inc. By: Name: Xxx Xxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21SVP-Operations May 15, 2017 2019 | 13:27 16:10 PDT Taxpayer: e.l.f Cosmetics, Inc. Exhibit A Milestones Net Increase of 2013 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 37 110 119 121 123 125 Total California Full-Time Employees1 from Prior CCTC Agreement 101 101 101 101 101 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 63,437 $60,000 63,437 $60,000 63,437 $60,000 63,437 $60,000 63,437 Investments from Prior CCTC Agreement $50,000 1,400,000 $100,000 1,400,000 $100,000 1,400,000 $100,000 0 $100,000 0 Additional Investments for this Agreement $450,000 1,777,000 $572,800 $500,000 $500,000 $500,000 $3,849,800 Tax Credit Allocation from Prior CCTC Agreement $140,000 $140,000 $140,000 $0 $40,000 0 Tax Credit Allocation for this Agreement $100,000 94,205 $160,000 94,205 $100,000 94,205 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT94,205 $94,205 $471,025
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October Ockober 31, 2017 | 14:15 14:12 PDT TAXPAYER Telogiks LP Hi-Tech Emergency Vehicle Service, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxx Xxxxxxx Xxxxx Xxxxxxx Ockober 23, 2017 | 13:27 16:15 PDT Exhibit A Milestones Taxpayer: Hi-Tech Emergency Vehicle Service, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 44 45 50 55 59 64 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 1 6 11 15 20 Minimum Annual Wage of California Full- Time Employees Hired $45,000 33,280 $45,000 33,280 $45,000 33,280 $45,000 33,280 $45,000 33,280 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 41,600 $60,000 41,600 $60,000 41,600 $60,000 41,600 $60,000 41,600 Investments $50,000 0 $100,000 250,000 $100,000 1,000,000 $100,000 500,000 $100,000 300,000 $450,000 2,050,000 Tax Credit Allocation $0 25,000 $40,000 125,000 $125,000 $100,000 $160,000 125,000 $100,000 $400,000 500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 7F2F3E5A-5708-4CF0-936E-086BE164913D GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31June 4, 2017 2018 | 14:15 10:49 PDT TAXPAYER Telogiks LP California Natural Products By: Name: Xxx Xxxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21May 23, 2017 2018 | 13:27 13:23 PDT Exhibit A Milestones Taxpayer: California Natural Products 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 252 284 348 393 409 409 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 32 96 141 157 157 Minimum Annual Wage of California Full- Full-Time Employees Hired $33,000 $33,000 $33,000 $33,000 $33,000 Cumulative Average Annual Wage of California Full-Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 0 $100,000 6,927,500 $100,000 6,000,000 $100,000 9,100,000 $100,000 0 $450,000 22,027,500 Tax Credit Allocation $0 350,000 $40,000 800,000 $100,000 575,000 $160,000 125,000 $100,000 125,000 $400,000 1,975,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 4708DAA4-6E4E-4697-A4CC-0235F206627F GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and California Natural Products (collectively referred to as Parties) are parties to an agreement that became effective on June 18, 2018 (Agreement). After executing the Agreement, California Natural Products realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 28, 2017 2019 | 14:15 08:55 PDT TAXPAYER Telogiks LP Xxxxxx Xxxxxxx Corporation By: Name: Xxxxxxxxx Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21May 22, 2017 2019 | 13:27 09:41 PDT Exhibit A Milestones Net Increase of Taxpayer: Xxxxxx Xxxxxxx Corporation 2016 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 246 276 285 294 303 311 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 $60,000 65,000 Additional Investments for this Agreement $50,000 0 $4,000,000 $4,000,000 $4,000,000 $3,000,000 $15,000,000 Tax Credit Allocation from Prior CCTC Agreement $100,000 $100,000 $100,000 $100,000 0 $450,000 0 $300,000 Tax Credit Allocation $0 $40,000 20,000 $100,000 $20,000 $200,000 $160,000 $100,000 $400,000 500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 30, 2017 | 14:15 09:27 PDT TAXPAYER Telogiks LP Calamco NH3 LLC By: Name: Xxxxxxx Xxx Title: Manager Date: xxxxxxx xxxxxxx CFO October 21May 26, 2017 | 13:27 15:48 PDT Calamco NH3 LLC Exhibit A Milestones 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 0 24 24 24 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 38,000 $45,000 38,000 $45,000 38,000 $45,000 38,000 $45,000 38,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 49,000 $60,000 49,000 $60,000 49,000 $60,000 49,000 $60,000 49,000 Investments $50,000 39,480,261 $100,000 74,710,523 $100,000 0 $100,000 0 $100,000 0 $450,000 114,190,784 Tax Credit Allocation $0 $40,000 162,500 $100,000 162,500 $160,000 162,500 $100,000 162,500 $400,000 650,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA DocuSign Envelope ID: X0XXXX00-X0X0-0000-0000-0X00000X0000 XXXXX XX XXXXXXXXXX OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:10 PDT TAXPAYER Telogiks LP Golden State Lumber, Inc. By: Name: Xxxxxxxxx Xxxx Title: Chief Financial Officer Date: xxxxxxx xxxxxxx CFO October 21May 23, 2017 | 13:27 13:28 PDT Exhibit A Milestones Taxpayer: Golden State Lumber, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 425 456 476 480 481 481 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 31 51 55 56 56 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 47,000 $60,000 47,000 $60,000 47,000 $60,000 47,000 $60,000 47,000 Investments $50,000 3,942,464 $1,099,144 $1,622,992 $1,622,992 $1,562,166 $9,849,758 Tax Credit Allocation $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 1CD43FA8-13B5-42C3-AF02-8AB96375C9C0 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:47 PDT TAXPAYER Telogiks LP Entekra, Inc. By: Name: Xxxxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21March 15, 2017 2018 | 13:27 04:17 PDT Exhibit A Milestones Taxpayer: Entekra, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 for this Agreement 0 32 107 214 262 265 Total California Full-Time Employees1 from Prior CCTC Agreement 32 55 71 84 84 Net Increase of Full-Time Employees Compared to the Base Year for this agreement 0 8 25 45 59 52 143 178 181 Minimum Annual Wage of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 31,200 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 36,000 $60,000 36,000 $60,000 36,000 $60,000 36,000 $60,000 36,000 Investments from Prior CCTC Agreement $50,000 4,537,000 $100,000 2,282,000 $100,000 1,292,000 $100,000 512,000 $100,000 0 Additional Investments for this Agreement $450,000 0 $12,650,000 $7,900,000 $0 $0 $20,550,000 Tax Credit Allocation from Prior CCTC Agreement $150,000 $150,000 $150,000 $150,000 $0 Tax Credit Allocation for this Agreement $0 $40,000 1,100,000 $100,000 1,750,000 $160,000 $100,000 750,000 $400,000 $4,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA DocuSign Envelope ID: X00X0X0X-0000-0X0X-0000-0XX000X00X0X XXXXX XX XXXXXXXXXX OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 3118, 2017 2019 | 14:15 15:56 PDT TAXPAYER Telogiks LP Way To Be Designs LLC By: Name: Xxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO Co-Founder October 2118, 2017 2019 | 13:27 14:42 PDT Exhibit A Milestones Taxpayer: Way To Be Designs LLC 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 26 26 28 30 32 36 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 2 4 6 10 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 31,200 $60,000 31,200 $60,000 31,200 $60,000 31,200 $60,000 31,200 Investments $50,000 0 $100,000 750,000 $100,000 750,000 $100,000 750,000 $100,000 750,000 $450,000 3,000,000 Tax Credit Allocation $0 $40,000 50,000 $50,000 $50,000 $100,000 $160,000 $100,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT250,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:07 PDT TAXPAYER Telogiks LP Pharmavite LLC By: Name: Xxxxx Xxxxxx Title: Vice President of Operations Date: xxxxxxx xxxxxxx CFO October 21May 24, 2017 | 13:27 14:36 PDT Exhibit A Milestones Taxpayer: Pharmavite LLC 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 1,017 1,053 1,069 1,079 1,088 1,097 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 36 52 62 71 80 Minimum Annual Wage Salary of California Full- Full-Time Employees Hired $45,000 43,000 $45,000 43,000 $45,000 43,000 $45,000 43,000 $45,000 43,000 Cumulative Average Annual Wage Salary of California Full- Full-Time Employees Hired $60,000 70,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 Investments $50,000 0 $100,000 13,000,000 $100,000 7,000,000 $100,000 0 $100,000 0 $450,000 20,000,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 400,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT$400,000 $400,000 $400,000 $2,000,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 3121, 2017 2019 | 14:15 10:33 PDT TAXPAYER Telogiks LP Kokatat, Inc. By: Name: Xxx Xxxx Title: Date: xxxxxxx xxxxxxx CFO Vice President October 2119, 2017 2019 | 13:27 10:08 PDT Exhibit A Milestones Taxpayer: Kokatat, Inc. 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 138 140 144 148 158 168 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 2 6 10 20 30 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 31,200 $60,000 31,200 $60,000 31,200 $60,000 31,200 $60,000 31,200 Investments $50,000 $500,000 $500,000 $500,000 $500,000 $2,050,000 Tax Credit Allocation $50,000 $100,000 $100,000 $100,000 250,000 $100,000 250,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 750,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 0B47521C-B53C-48B4-8720-8C77EA1936C7 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:22 PDT TAXPAYER Telogiks LP Transform Partners LLC By: Name: Xxxxx Xxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21VP Sales & Marketing March 20, 2017 2018 | 13:27 14:43 PDT Exhibit A Milestones Taxpayer: Transform Partners LLC 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 47 50 61 73 83 88 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 3 14 26 36 41 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 $45,000 35,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 54,000 $60,000 54,000 $60,000 54,000 $60,000 54,000 $60,000 54,000 Investments $111,750 $10,319,000 $50,000 $100,000 14,000 $100,000 34,000 $100,000 $100,000 $450,000 10,528,750 Tax Credit Allocation $0 75,000 $40,000 265,000 $100,000 285,000 $160,000 250,000 $100,000 125,000 $400,000 1,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 8BE3681B-225F-49F8-8E69-F25BFEBD7846 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and Transform Partners LLC (collectively referred to as Parties) are parties to an agreement that became effective on April 12, 2018 (Agreement). After executing the Agreement, Transform Partners LLC realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Acting Director Date: October 31June 1, 2017 2020 | 14:15 09:07 PDT TAXPAYER Telogiks LP NBCUniversal LLC By: Name: XXXXX X'XXXXX Title: Date: xxxxxxx xxxxxxx CFO October 21SVP, 2017 NBCU Tax May 29, 2020 | 13:27 16:12 PDT Peacock TV LLC By: Name: XXXXX X'XXXXX Title: Date: SVP, NBCU Tax May 29, 2020 | 16:12 PDT Universal Studios LLC By: Name: XXXXX X'XXXXX Title: Date: SVP, NBCU Tax May 29, 2020 | 16:12 PDT Exhibit A Milestones Taxpayer: NBCUniversal LLC (credit recipient), et al. 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 0 31 55 68 433 800 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 31 55 68 433 800 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 70,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 $60,000 70,000 Investments $50,000 0 $100,000 0 $100,000 36,000,000 $100,000 96,000,000 $100,000 0 $450,000 132,000,000 Tax Credit Allocation $0 775,000 $40,000 600,000 $100,000 325,000 $160,000 9,125,000 $100,000 9,175,000 $400,000 20,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT Exhibit B FIRST AMENDMENT TO AGREEMENTFirst Amendment to Agreement
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 3118, 2017 2019 | 14:15 10:39 PDT TAXPAYER Telogiks LP Lockheed Xxxxxx Corporation By: Name: Xxxxxx X. Xxxxxxxxx Title: Vice President, Finance & Program Management, LM Aeronautics Date: xxxxxxx xxxxxxx CFO October 2117, 2017 2019 | 13:27 12:57 PDT Deposition Sciences, Inc. By: Name: Xxxxxx X. Xxxxxxxxx Title: Vice President, Finance & Program Management, LM Aeronautics Date: October 17, 2019 | 12:57 PDT Exhibit A Milestones Taxpayer: Lockheed Xxxxxx Corporation (Credit Recipient) and Deposition Sciences, Inc. 2017 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 2,429 2,804 2,996 3,148 3,299 3,379 Total California Full-Time Employees1 from Prior CCTC Agreement 2,679 2,746 2,813 2,879 2,879 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 for this Agreement 125 250 335 420 500 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 32,000 $45,000 32,000 $45,000 32,000 $45,000 32,000 $45,000 32,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 85,000 $60,000 85,000 $60,000 85,000 $60,000 85,000 $60,000 85,000 Investments from Prior CCTC Agreement $50,000 3,500,000 $100,000 28,547,000 $100,000 26,351,500 $100,000 26,351,500 $100,000 0 Additional Investments for this Agreement $450,000 10,000,000 $10,000,000 $40,000,000 $45,000,000 $45,000,000 $150,000,000 Tax Credit Allocation from Prior CCTC Agreement $11,000,000 $5,833,334 $5,833,333 $5,833,333 $0 Tax Credit Allocation for this Agreement $40,000 9,800,000 $100,000 9,800,000 $160,000 6,700,000 $100,000 6,600,000 $400,000 6,600,000 $39,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XXbasis. The base year and net increase include only full-time employees at and investment made by: 1) Deposition Sciences, Inc. and 2) Lockheed Xxxxxx Corporation’s Aeronautics Business Area located at Xxxxx Air Force Base, Xxxxxxxxxx Air Force Base and the cities of Palmdale, Buellton, Helendale, Santa Xxxx, and Xxxxxxxx, California as provided in Section 3. GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31June 4, 2017 2018 | 14:15 10:49 PDT TAXPAYER Telogiks LP California Natural Products By: Name: Xxx Xxxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21May 23, 2017 2018 | 13:27 13:23 PDT Exhibit A Milestones Taxpayer: California Natural Products 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 252 284 348 393 409 409 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 32 96 141 157 157 Minimum Annual Wage of California Full- Full-Time Employees Hired $33,000 $33,000 $33,000 $33,000 $33,000 Cumulative Average Annual Wage of California Full-Time Employees Hired $45,000 $45,000 $45,000 $45,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 0 $100,000 6,927,500 $100,000 6,000,000 $100,000 9,100,000 $100,000 0 $450,000 22,027,500 Tax Credit Allocation $0 350,000 $40,000 800,000 $100,000 575,000 $160,000 125,000 $100,000 125,000 $400,000 1,975,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 4708DAA4-6E4E-4697-A4CC-0235F206627F GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and California Natural Products (collectively referred to as Parties) are parties to an agreement that became effective on June 18, 2018 (Agreement). After executing the Agreement, California Natural Products realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 31April 5, 2017 2021 | 14:15 07:48 PDT TAXPAYER Telogiks LP Nongshim Holdings USA, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxx Xxx X.F.O 2021년3월30일 | 14:15 PDT Nongshim America, 2017 inc. By: Name: Title: Date: Xxxxx Xxx X.F.O 2021년3월30일 | 13:27 14:15 PDT Exhibit A Milestones Taxpayer: Nongshim Holdings USA, Inc. and Nongshim America, Inc. 2020 Tax Year (Base) 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year 2025 Tax Year Total Total California Full-Time Employees1 396 453 569 641 664 669 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 57 173 245 268 273 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 32,240 $45,000 33,280 $45,000 34,320 $45,000 35,360 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 40,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 43,000 Investments $50,000 25,000,000 $100,000 25,000,000 $100,000 22,500,000 $100,000 22,500,000 $100,000 5,000,000 $450,000 100,000,000 Tax Credit Allocation $0 700,000 $40,000 1,500,000 $100,000 925,000 $160,000 300,000 $100,000 75,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT3,500,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:36 PDT TAXPAYER Telogiks LP Applied Statistics & Management, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxx Xxxx President October 2118, 2017 | 13:27 18:24 PDT Exhibit A Milestones Net Increase of Taxpayer: Applied Statistics & Management, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 Employees1 36 38 43 45 59 46 47 Minimum Annual Wage of California Full- Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 53,000 $60,000 53,000 $60,000 53,000 $60,000 53,000 $60,000 53,000 Investments $50,000 $100,000 $100,000 250,000 $100,000 200,000 $100,000 350,000 $450,000 300,000 $1,200,000 Tax Credit Allocation $0 50,000 $40,000 50,000 $100,000 50,000 $160,000 50,000 $100,000 50,000 $400,000 250,000 1 Determined on an annual full-time equivalent basis DocuSign Envelope ID: 4D6D566B-E501-4470-B16F-A83330358BA9 GOVERNOR’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Acting Director Date: October 31June 1, 2017 2020 | 14:15 09:06 PDT TAXPAYER Telogiks LP BFTV LLC By: Name: Xxxxx Xxxxxxxxxxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21May 28, 2017 2020 | 13:27 17:01 PDT Exhibit A Milestones Taxpayer: BFTV LLC 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 124 157 167 174 185 200 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 33 43 50 61 76 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 Investments $50,000 0 $100,000 30,000 $100,000 149,500 $100,000 178,000 $100,000 255,000 $450,000 612,500 Tax Credit Allocation $0 500,000 $40,000 500,000 $100,000 250,000 $160,000 $100,000 350,000 $400,000 $2,000,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 38BB8891-CFFA-440D-A1AF-4DA0C535F418 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxxxxxx Title: Chief Deputy Director Date: October 3125, 2017 2019 | 14:15 15:20 PDT TAXPAYER Telogiks LP United Technologies Corporation By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxxx (Xxxxx) Xxxxx Vice President, Propulsion & Materials Technologies, Xxxxx & Whitney October 2124, 2017 2019 | 13:27 15:31 PDT Exhibit A Milestones Taxpayer: United Technologies Corporation 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 70 74 85 104 122 130 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 4 15 34 52 60 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 110,000 $60,000 110,000 $60,000 110,000 $60,000 110,000 $60,000 110,000 Investments $50,000 4,000,000 $100,000 27,300,000 $100,000 16,300,000 $100,000 1,100,000 $100,000 1,200,000 $450,000 49,900,000 Tax Credit Allocation $0 150,000 $40,000 412,500 $100,000 712,500 $160,000 675,000 $100,000 300,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT2,250,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:13 PDT TAXPAYER Telogiks LP Vungle, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxxx Xx Controller October 2123, 2017 | 13:27 12:04 PDT Exhibit A Milestones Taxpayer: Vungle, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 100 100 125 143 156 166 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 43 56 66 Minimum Annual Wage of California Full- Time Employees Hired $45,000 31,000 $45,000 31,000 $45,000 31,000 $45,000 31,000 $45,000 31,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 118,000 $60,000 118,000 $60,000 118,000 $60,000 118,000 $60,000 118,000 Investments $50,000 674,000 $100,000 896,000 $100,000 1,171,999 $100,000 1,289,200 $100,000 1,353,660 $450,000 5,384,859 Tax Credit Allocation $0 $40,000 275,000 $100,000 275,000 $160,000 275,000 $100,000 275,000 $400,000 1,100,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: A1C55F16-C71B-4C84-8860-F3EE54C9C08D GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 10:10 PDT TAXPAYER Telogiks LP Gemini Duplication, Inc. By: Name: Xxxx Xxxxxxxxx Title: Finance Director Date: xxxxxxx xxxxxxx CFO October 21May 23, 2017 | 13:27 13:00 PDT Exhibit A Milestones Taxpayer: Gemini Duplication, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 93 94 98 100 120 127 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 1 5 7 27 34 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 34,000 $60,000 34,000 $60,000 34,000 $60,000 34,000 $60,000 34,000 Investments $50,000 115,000 $140,000 $235,000 $215,000 $100,000 $100,000 $100,000 $100,000 $450,000 805,000 Tax Credit Allocation $0 27,000 $40,000 27,000 $100,000 27,000 $160,000 27,000 $100,000 27,000 $400,000 135,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: AFD14B1E-7ABA-4CB0-AC32-2CCCDAF150FA GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 15:27 PDT TAXPAYER Telogiks LP Mainstream Tours, Inc. By: Name: Xxxxxxxx Von Deauxplette Title: Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 18, 2017 | 13:27 13:32 PDT Exhibit A Milestones Taxpayer: Mainstream Tours, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 20 30 36 41 46 50 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 16 21 26 30 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 30,000 $60,000 30,000 $60,000 30,000 $60,000 30,000 $60,000 30,000 Investments $50,000 712,000 $120,000 $120,000 $1,319,000 $160,000 $2,431,000 Tax Credit Allocation $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT500,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 13:40 PDT TAXPAYER Telogiks LP Califia Farms LLC By: Name: Title: Date: xxxxxxx xxxxxxx Xxxxx Xxxxxxxx CFO October 2126, 2017 | 13:27 PDT 00:03 CST Exhibit A Milestones Taxpayer: Califia Farms LLC 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 168 206 266 334 405 468 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 38 98 166 237 300 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 46,000 $60,000 46,000 $60,000 46,000 $60,000 46,000 $60,000 46,000 Investments $50,000 450,000 $100,000 9,860,000 $100,000 15,500,000 $100,000 8,850,000 $100,000 8,450,000 $450,000 43,110,000 Tax Credit Allocation $0 450,000 $40,000 500,000 $100,000 500,000 $160,000 500,000 $100,000 500,000 $400,000 2,450,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 840B609A-5606-4AA1-85A3-E0DB845AA7AE GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA ⬧ OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENTAGREEMENT 1. The Governor’s Office of Business and Economic Development and Califia Farms LLC (collectively referred to as Parties) are parties to an agreement that became effective on November 16, 2017 (Agreement). After executing the Agreement, Califia Farms LLC realized that it had inadvertently miscalculated the number of full-time employees employed during its base year.
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 24, 2017 2019 | 14:15 13:46 PDT TAXPAYER Telogiks LP Kingspan Insulated Panels, Inc. By: Name: Xxxxx Xxxxx Title: Date: xxxxxxx xxxxxxx CFO October March 21, 2017 2019 | 13:27 06:22 PDT Exhibit A Milestones Taxpayer: Kingspan Insulated Panels, Inc. 2018 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 73 77 93 108 108 108 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 4 20 35 35 35 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 $45,000 40,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 48,625 $60,000 48,625 $60,000 48,625 $60,000 48,625 $60,000 48,625 Investments $50,000 3,420,000 $100,000 3,420,000 $100,000 3,420,000 $100,000 3,420,000 $100,000 3,420,000 $450,000 17,100,000 Tax Credit Allocation $0 50,000 $40,000 168,750 $100,000 168,750 $160,000 168,750 $100,000 168,750 $400,000 725,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 9A5E9A49-7217-49D6-9C9C-52DA370BF962 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 28, 2017 2019 | 14:15 08:56 PDT TAXPAYER Telogiks LP Motor Vehicle Software Corporation By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxxxxx Xxxxx VP, 2017 Compliance May 20, 2019 | 13:27 16:37 PDT MVSC Registration Services, Inc. By: Name: Title: Date: Xxxxxxxx Xxxxx VP, Compliance May 20, 2019 | 16:37 PDT MVSC Insurance Services LLC By: Name: Title: Date: Xxxxxxxx Xxxxx VP, Compliance May 20, 2019 | 16:37 PDT Exhibit A Milestones Taxpayer: Motor Vehicle Software Corporation (Credit Recipient), et al. 2016 Tax Year (Base) 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year Total Total California Full-Time Employees1 for this Agreement 157 227 276 315 321 358 Total California Full-Time Employees1 from Prior CCTC Agreement 202 223 257 257 257 Net Increase of Full-Time Employees Compared to the Base Year 0 8 for this Agreement 25 45 59 53 58 64 101 Minimum Annual Wage of California Full-Time Employees Hired $31,200 $31,200 $31,200 $31,500 $32,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $45,000 $45,000 51,000 $45,000 51,000 $45,000 51,000 $45,000 Cumulative Average Annual Wage of California Full- Time Employees Hired 51,000 Investments from Prior CCTC Agreement $60,000 4,600,000 $60,000 4,400,000 $60,000 4,350,000 $60,000 0 $60,000 0 Additional Investments for this Agreement $50,000 950,000 $100,000 1,175,000 $100,000 1,475,000 $100,000 2,475,000 $950,000 $7,025,000 Tax Credit Allocation from Prior CCTC Agreement $187,500 $187,500 $187,500 $0 $0 Tax Credit Allocation for this Agreement $225,000 $300,000 $75,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT1,150,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 3122, 2017 2020 | 14:15 12:46 PDT TAXPAYER Telogiks LP Better Holdco, Inc. By: Name: Xxxxxxxx Xxxxxxxx Title: General Counsel Date: xxxxxxx xxxxxxx CFO October 2122, 2017 2020 | 13:27 12:18 PDT Better Mortgage Corporation By: Name: Xxxxxxxx Xxxxxxxx Title: General Counsel Date: October 22, 2020 | 12:18 PDT Exhibit A Milestones Taxpayer: Better Holdco, Inc. (Credit Recipient) and Better Mortgage Corporation 2019 Tax Year (Base) 2020 Tax Year 2021 Tax Year 2022 Tax Year 2023 Tax Year 2024 Tax Year Total Total California Full-Time Employees1 173 676 1,000 2,000 3,000 3,673 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 503 827 1,827 2,827 3,500 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 72,500 $60,000 72,500 $60,000 72,500 $60,000 72,500 $60,000 72,500 Investments $50,000 0 $100,000 13,543,000 $100,000 5,402,000 $100,000 18,329,850 $100,000 18,154,088 $450,000 55,428,938 Tax Credit Allocation $0 2,000,000 $40,000 4,000,000 $100,000 6,500,000 $160,000 7,500,000 $100,000 5,000,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT25,000,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxx Title: Chief Deputy Director Date: October 31May 25, 2017 | 14:15 15:27 PDT TAXPAYER Telogiks LP Mainstream Tours, Inc. By: Name: Xxxxxxxx Xxx Xxxxxxxxxxx Title: Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 18, 2017 | 13:27 13:32 PDT Exhibit A Milestones Taxpayer: Mainstream Tours, Inc. 2016 Tax Year (Base) 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year Total Total California Full-Time Employees1 20 30 36 41 46 50 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 16 21 26 30 Minimum Annual Wage Salary of California Full- Time Employees Hired $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 $45,000 30,000 Cumulative Average Annual Wage Salary of California Full- Time Employees Hired $60,000 30,000 $60,000 30,000 $60,000 30,000 $60,000 30,000 $60,000 30,000 Investments $50,000 712,000 $120,000 $120,000 $1,319,000 $160,000 $2,431,000 Tax Credit Allocation $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT EXHIBIT B FIRST AMENDMENT TO AGREEMENT500,000
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
Governing Law and Consent to Jurisdiction. This Agreement will be governed, construed, and enforced according to the laws of the State of California without regard to its conflict of laws rules. Each party hereby irrevocably consents to the exclusive jurisdiction and venue of any state court located within Sacramento County, State of California in connection with any matter arising out of this Agreement or the transactions contemplated under this Agreement. Remainder of the page is intentionally left blank. Signature page immediately follows. Governor’s Office of Business and Economic Development By: Name: Xxxxxxx Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:24 PDT TAXPAYER Telogiks LP SurveyMonkey, Inc. By: Name: Xxxx Xxxx Title: Date: xxxxxxx xxxxxxx CFO October 21SVP, 2017 General Counsel & Secretary March 20, 2018 | 13:27 11:47 PDT Exhibit A Milestones Taxpayer: SurveyMonkey, Inc. 2017 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 325 458 553 608 689 755 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 133 228 283 364 430 Minimum Annual Wage of California Full- Time Employees Hired $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 $45,000 50,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 125,000 $60,000 125,000 $60,000 125,000 $60,000 125,000 $60,000 125,000 Investments $50,000 308,575 $100,000 424,829 $100,000 2,738,903 $100,000 451,619 $100,000 2,912,330 $450,000 6,836,256 Tax Credit Allocation $0 $40,000 0 $100,000 $160,000 700,000 $100,000 700,000 $400,000 1,500,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 29298589-DD0C-472E-A0A7-933101E9B022 GOVERNOR’S ’ S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX XXXXXX EXHIBIT B FIRST AMENDMENT TO AGREEMENT
Appears in 1 contract
Samples: California Competes Tax Credit Allocation Agreement
