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 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 10:49 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 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 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 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 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 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 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 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 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 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 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 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 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 31, 2017 | 14:15 14:21 PDT TAXPAYER Telogiks LP TenCate Advanced Composites USA, Inc. By: Name: Xxxxxxx X. Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO CFO, TCAC USA, Inc. October 2120, 2017 | 13:27 13:18 PDT Exhibit A Milestones Taxpayer: TenCate Advanced Composites USA, 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 220 240 245 255 263 267 Net Increase of Full-Time Employees Compared to the Base Year 0 8 20 25 45 59 35 43 47 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 30,000 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 2,260,000 $2,314,000 $0 $0 $0 $4,574,000 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 $400,000 500,000 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 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 24, 2017 2019 | 14:15 13:55 PDT TAXPAYER Telogiks LP Sovereign Lending Group Incorporated By: Name: Xxxxxx Xxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21President March 19, 2017 2019 | 13:27 16:46 PDT Exhibit A Milestones Taxpayer: Sovereign Lending Group Incorporated 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 88 92 145 204 351 562 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 4 57 116 263 474 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 40,000 $45,000 40,000 $45,000 49,000 $45,000 50,000 $45,000 50,000 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 71,700 $100,000 250,000 $100,000 300,000 $100,000 330,000 $100,000 403,300 $450,000 1,355,000 Tax Credit Allocation $0 $40,000 222,143 $100,000 220,000 $160,000 520,000 $100,000 775,000 $400,000 1,737,143 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 76322520-958A-4526-ACE5-30AA863B12F3 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 Sovereign Lending Group Incorporated (collectively referred to as Parties) are parties to an agreement that became effective on April 11, 2019 (Agreement). After executing the Agreement, Sovereign Lending Group Incorporated 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 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 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 Xxxxxx Title: Chief Deputy Director Date: October 31June 1, 2017 2021 | 14:15 09:39 PDT TAXPAYER Telogiks LP CIVIC Financial Services, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx Sun Xxx CFO October 21May 24, 2017 2021 | 13:27 07:08 PDT Exhibit A Milestones Taxpayer: CIVIC Financial Services LLC 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 388 470 524 553 576 599 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 82 136 165 188 211 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 $60,000 $60,000 $60,000 $60,000 Investments $50,000 125,000 $100,000 $100,000 75,000 $100,000 75,000 $100,000 75,000 $450,000 Tax Credit Allocation $0 650,000 $40,000 500,000 $100,000 250,000 $160,000 200,000 $100,000 200,000 $400,000 1,800,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: EA7BE9AA-E7E6-4012-A0E5-F585D334F390 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 CIVIC Financial Services LLC (collectively referred to as Parties) are parties to an agreement that became effective on June 17, 2021 (Agreement). After executing the Agreement, CIVIC Financial Services 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 31May 25, 2017 | 14:15 10:34 PDT TAXPAYER Telogiks LP Maintex, Inc. By: Name: Xxx Xxxxxxxxx Title: Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 22, 2017 | 13:27 10:29 PDT Exhibit A Milestones Taxpayer: Maintex, 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 146 146 147 149 150 152 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 1 3 4 6 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 $60,000 $60,000 $60,000 $60,000 Investments 50,000 $50,000 $100,000 50,000 $50,000 $50,000 Investments $100,000 $100,000 125,000 $100,000 125,000 $450,000 125,000 $125,000 $600,000 Tax Credit Allocation $0 $8,000 $12,000 $8,000 $12,000 $40,000 $100,000 $160,000 $100,000 $400,000 1 Determined on an annual full-time equivalent basis DocuSign Envelope ID: 89D57861-805A-4752-9F31-1685D5BC7DB0 STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXX 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 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 Xxxx Xxxxx Xxxxxx Title: Chief Deputy Director Date: October 3115, 2017 2021 | 14:15 13:59 PDT TAXPAYER Telogiks LP VinFast Dealer San Francisco #1 LLC By: Name: Xxx Xxx Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO Chief Executive Officer October 217, 2017 2021 | 13:27 08:54 PDT Exhibit A Milestones Taxpayer: VinFast Dealer San Francisco #1 LLC 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 1 45 449 810 948 1,066 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 44 448 809 947 1065 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 77,000 $60,000 77,000 $60,000 77,000 $60,000 77,000 $60,000 77,000 Investments $50,000 11,850,000 $100,000 107,550,000 $100,000 30,900,000 $100,000 24,600,000 $100,000 25,450,000 $450,000 200,350,000 Tax Credit Allocation $0 $40,000 0 $100,000 5,000,000 $160,000 5,500,000 $100,000 10,000,000 $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 AGREEMENT20,500,000
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 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 Ockober 31, 2017 | 14:15 14:26 PDT TAXPAYER Telogiks LP Retrophin, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxx C1ague Chief Financia1 Officer Ockober 19, 2017 | 13:27 17:22 PDT Exhibit A Milestones Taxpayer: Retrophin, 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 54 89 132 154 174 194 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 35 78 100 120 140 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 $60,000 175,000 $60,000 175,000 $60,000 175,000 $60,000 175,000 $60,000 175,000 Investments $50,000 $100,000 300,000 $100,000 50,000 $100,000 50,000 $100,000 50,000 $450,000 500,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 400,000 $400,000 $400,000 $400,000 $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: 491C4167-3C4F-4485-94B2-D983237BA3C2 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 14:21 PDT TAXPAYER Telogiks LP TenCate Advanced Composites USA, Inc. By: Name: Xxxxxxx X. Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO CFO, TCAC USA, Inc. October 2120, 2017 | 13:27 13:18 PDT Exhibit A Milestones Taxpayer: TenCate Advanced Composites USA, 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 220 240 245 255 263 267 Net Increase of Full-Time Employees Compared to the Base Year 0 8 20 25 45 59 35 43 47 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 30,000 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 2,260,000 $2,314,000 $0 $0 $0 $4,574,000 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 $400,000 500,000 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 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 09:04 PDT TAXPAYER Telogiks LP Swift Media Entertainment, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxxx Xxxx VP of Operations May 26, 2017 2020 | 13:27 11:24 PDT Solomid Corporation By: Name: Title: Date: Xxxxxx Xxxx VP of Operations May 26, 2020 | 11:24 PDT TSM LOL, Inc. By: Name: Title: Date: Xxxxxx Xxxx VP of Operations May 26, 2020 | 11:24 PDT Icon Media Talent LLC By: Name: Title: Date: Xxxxxx Xxxx VP of Operations May 26, 2020 | 11:24 PDT Exhibit A Milestones Taxpayer: Swift Media Entertainment, 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 53 66 75 86 102 116 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 13 22 33 49 63 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 63,000 $60,000 63,000 $60,000 63,000 $60,000 63,000 $60,000 63,000 Investments $50,000 350,000 $100,000 1,375,000 $100,000 2,070,000 $100,000 1,420,000 $100,000 1,420,000 $450,000 6,635,000 Tax Credit Allocation $0 225,000 $40,000 225,000 $100,000 225,000 $160,000 225,000 $100,000 225,000 $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 AGREEMENT1,125,000
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 10:10 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 14:22 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 Title: Chief Deputy Director Date: October 31, 2017 | 14:15 13:52 PDT TAXPAYER Telogiks LP The Trade Desk, Inc. By: Name: Xxxx Xxxx Title: Date: xxxxxxx xxxxxxx CFO October 2124, 2017 | 13:27 10:44 PDT Exhibit A Milestones Taxpayer: The Trade Desk, 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 130 180 216 255 295 335 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 50 86 125 165 205 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 48,000 $45,000 49,000 $45,000 50,000 $45,000 51,000 $45,000 52,000 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 120,000 $60,000 120,000 $60,000 120,000 $60,000 120,000 $60,000 120,000 Investments $50,000 80,000 $100,000 4,382,658 $100,000 10,131,847 $100,000 19,084,749 $100,000 119,999 $450,000 33,799,253 Tax Credit Allocation $0 620,000 $40,000 620,000 $100,000 620,000 $160,000 620,000 $100,000 620,000 $400,000 3,100,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 9AC665BE-F0D4-4EA7-AF0C-EF021A64D2D1 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 13:32 PDT TAXPAYER Telogiks LP Applied Aerospace Structures Corp. By: Name: Title: Date: xxxxxxx xxxxxxx Xxxxxx Xxxx CFO October 2126, 2017 | 13:27 18:18 PDT Exhibit A Milestones Net Increase of Taxpayer: Applied Aerospace Structures Corp. 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 312 318 333 348 358 363 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 $60,000 $60,000 $60,000 $60,000 $60,000 Investments 50,000 $50,000 $100,000 50,000 $100,000 50,000 $100,000 50,000 Investments $100,000 300,000 $450,000 3,200,000 $1,250,000 $1,250,000 $700,000 $6,700,000 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: 9509C7CD-C07E-4BE0-8EFF-F318DC53D00A 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 10:28 PDT TAXPAYER Telogiks LP All-Weather Architectural Aluminum, Inc. By: Name: Xxxx XxXxxxx Title: President Date: xxxxxxx xxxxxxx CFO October 21May 23, 2017 | 13:27 15:09 PDT Exhibit A Milestones Taxpayer: All-Weather Architectural Aluminum, 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 109 110 116 135 144 154 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 1 7 26 35 45 59 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 1,135,000 $100,000 325,000 $100,000 420,000 $100,000 2,610,000 $100,000 260,000 $450,000 4,750,000 Tax Credit Allocation $0 45,000 $40,000 57,500 $100,000 57,500 $160,000 57,500 $100,000 57,500 $400,000 275,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: F6ABEC88-6DF7-4472-AE5A-588830C0651D 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 Title: Chief Deputy Director Date: October 31May 30, 2017 | 14:15 09:23 PDT TAXPAYER Telogiks LP Cliniqa Corporation By: Name: Xxxxx Xxxxx Title: Senior Vice President - Diagnostics Date: xxxxxxx xxxxxxx CFO October 21May 27, 2017 | 13:27 12:09 PDT Taxpayer: Cliniqa Corporation Exhibit A Milestones Net Increase of 2015 Tax Year (Base) 2016 Tax Year 2017 Tax Year 2018 Tax Year 2019 Tax Year 2020 Tax Year Total Total California Full-Time Employees Compared to the Base Year 0 8 25 45 59 Employees1 79 82 92 96 100 102 Minimum Annual Wage Salary 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 Salary of California 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 4,000,000 $100,000 2,800,000 $100,000 1,000,000 $100,000 500,000 $100,000 500,000 $450,000 8,800,000 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: 9D4AC178-8B7D-43DE-8743-86A6FFA24979 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 Orora Packaging Solutions By: Name: Xxxxxxx D'Xxxx Title: Date: xxxxxxx xxxxxxx CFO October 21May 20, 2017 2019 | 13:27 17:28 PDT Landsberg Orora By: Name: Xxxxxxx D'Xxxx Title: Date: CFO May 20, 2019 | 17:28 PDT Orora Visual LLC By: Name: Xxxxxxx D'Xxxx Title: Date: CFO May 20, 2019 | 17:28 PDT Exhibit A Milestones Taxpayer: Orora Packaging Solutions (Credit Recipient), et al. 2013 Tax Year (Base) 2018 Tax Year 2019 Tax Year 2020 Tax Year 2021 Tax Year 2022 Tax Year Total Total California Full-Time Employees1 1,198 1,359 1,374 1,389 1,404 1,419 Total California Full-Time Employees1 from Prior CCTC Agreement 1,273 1,273 1,273 1,273 1,273 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 for this Agreement 86 101 116 131 146 Minimum Annual Wage of California Full- 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- Full-Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments 50,000 $50,000 $100,000 50,000 $100,000 50,000 $100,000 50,000 Investments from Prior CCTC Agreement $100,000 12,550,000 $450,000 0 $0 $0 $0 Additional Investments for this Agreement $2,000,000 $15,000,000 $14,000,000 $16,000,000 $17,000,000 $64,000,000 Tax Credit Allocation from Prior CCTC Agreement $200,000 $0 $40,000 0 $100,000 0 $160,000 0 Tax Credit Allocation for this Agreement $100,000 0 $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 $750,000 $750,000 $750,000 $3,000,000
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 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 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 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 13:58 PDT TAXPAYER Telogiks LP California Ethanol & Power LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxx Xxxxxxxxxx President / CEO March 19, 2017 2019 | 13:27 10:55 PDT Xxxxx Xxxxxxxxxx CE&P Imperial Valley 1 LLC By: Name: Title: Date: President / CEO March 19, 2019 | 10:55 PDT Exhibit A Milestones Taxpayer: California Ethanol & Power LLC (Credit Recipient), & CE&P Imperial Valley 1 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 3 4 52 201 469 695 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 1 49 198 466 692 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,240 $45,000 30,240 $45,000 30,240 $45,000 31,200 $45,000 31,200 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 Investments $50,000 52,943,614 $100,000 134,097,000 $100,000 134,097,000 $100,000 134,097,000 $100,000 134,095,386 $450,000 589,330,000 Tax Credit Allocation $0 $40,000 750,000 $100,000 2,100,000 $160,000 4,000,000 $100,000 3,150,000 $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 AGREEMENT10,000,000
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 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 24, 2017 2019 | 14:15 14:00 PDT TAXPAYER Telogiks LP Xxxx Xxxxxxx Star Manu LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Owner March 18, 2017 2019 | 13:27 18:19 PDT Force Shipping LLC By: Name: Title: Date: Xxxx Xxxxxxx Owner March 18, 2019 | 18:19 PDT Exhibit A Milestones Taxpayer: Star Manu LLC (Credit Recipient) and Force Shipping 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 19 36 58 82 101 112 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 17 39 63 82 93 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 30,000 $45,000 30,600 $45,000 31,200 $45,000 32,000 $45,000 32,500 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 44,400 $60,000 44,400 $60,000 44,400 $60,000 44,400 $60,000 44,400 Investments $50,000 450,000 $100,000 615,000 $100,000 430,000 $100,000 625,000 $100,000 600,000 $450,000 2,720,000 Tax Credit Allocation $0 150,000 $40,000 200,000 $100,000 211,000 $160,000 170,000 $100,000 99,000 $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 AGREEMENT830,000
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 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 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 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 31May 25, 2017 | 14:15 10:28 PDT TAXPAYER Telogiks LP All-Weather Architectural Aluminum, Inc. By: Name: Xxxx XxXxxxx Title: President Date: xxxxxxx xxxxxxx CFO October 21May 23, 2017 | 13:27 15:09 PDT Exhibit A Milestones Taxpayer: All-Weather Architectural Aluminum, 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 109 110 116 135 144 154 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 1 7 26 35 45 59 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 1,135,000 $100,000 325,000 $100,000 420,000 $100,000 2,610,000 $100,000 260,000 $450,000 4,750,000 Tax Credit Allocation $0 45,000 $40,000 57,500 $100,000 57,500 $160,000 57,500 $100,000 57,500 $400,000 275,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: F6ABEC88-6DF7-4472-AE5A-588830C0651D 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 3115, 2017 2021 | 14:15 14:00 PDT TAXPAYER Telogiks LP MP Materials Corp. By: Name: Xxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 216, 2017 2021 | 13:27 12:42 PDT Exhibit A Milestones Taxpayer: MP Materials Corp. 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 210 250 305 360 398 413 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 40 95 150 188 203 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 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 $60,000 80,000 Investments $50,000 35,000,000 $100,000 75,000,000 $100,000 45,000,000 $100,000 20,000,000 $100,000 15,500,000 $450,000 190,500,000 Tax Credit Allocation $0 2,500,000 $40,000 4,000,000 $100,000 4,750,000 $160,000 2,250,000 $100,000 1,290,000 $400,000 14,790,000 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 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 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 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 Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:19 PDT TAXPAYER Telogiks LP Paragon Business Solutions LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxxxxx X. Xxxxxxx President October 2120, 2017 | 13:27 14:21 PDT Exhibit A Milestones Net Increase of Taxpayer: Paragon Business Solutions 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 2 2 3 6 9 14 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 $60,000 35,000 $60,000 35,000 $60,000 40,000 $60,000 40,000 $60,000 40,000 Investments $50,000 1,750 $100,000 5,000 $100,000 10,500 $100,000 1,500 $100,000 1,500 $450,000 20,250 Tax Credit Allocation $0 $40,000 12,500 $100,000 37,500 $160,000 37,500 $100,000 62,500 $400,000 150,000 1 Determined on an annual full-time equivalent basis DocuSign Envelope ID: D4B4873D-1869-440B-9265-C13455BD78BB 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 25, 2017 | 14:15 15:22 PDT TAXPAYER Telogiks LP Xxx Xxxxxx Corporation By: Name: Xxxxxxx Xxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21Chief Financial Officer May 25, 2017 | 13:27 12:34 PDT Exhibit A Milestones Taxpayer: Xxx Xxxxxx 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 219 242 246 250 254 258 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 23 27 31 35 39 Minimum Annual Wage Salary of California Full-Time Employees Hired $30,000 $30,000 $30,000 $30,000 $30,000 Cumulative Average Annual 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 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 40,000 Investments $50,000 2,100,000 $100,000 3,200,000 $100,000 3,200,000 $100,000 3,900,000 $100,000 110,000 $450,000 12,510,000 Tax Credit Allocation $0 119,000 $40,000 119,000 $100,000 119,000 $160,000 119,000 $100,000 119,000 $400,000 595,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 113AB49A-5C16-4F26-B870-79E3DF062F07 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 10:22 PDT TAXPAYER Telogiks LP O’Keeffe’s. Inc. By: Name: Xxxxxxx X'Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21president May 16, 2017 2019 | 13:27 10:40 PDT Exhibit A Milestones Taxpayer: O'Keeffe's, 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 212 215 221 226 231 232 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 3 9 14 19 20 Minimum Annual Wage of California Full- Full-Time Employees Hired $40,000 $40,000 $40,000 $40,000 $40,000 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 1,200,000 $100,000 1,900,000 $100,000 1,800,000 $100,000 1,800,000 $100,000 1,800,000 $450,000 8,500,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 225,000 $100,000 195,000 $400,000 195,000 $35,000 $750,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: FB34A927-9C2B-4747-A03D-9BFBED5D0C5B 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 13:45 PDT TAXPAYER Telogiks LP BDP Technologies LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxx Xx CEO October 2124, 2017 | 13:27 10:46 PDT Exhibit A Milestones Net Increase of Full-Time Employees Compared to the Base Year 0 1 2 5 8 25 45 59 11 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 40,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 500,000 $500,000 $1,000,000 $2,000,000 $2,000,000 $6,000,000 Tax Credit Allocation $30,000 $30,000 $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 360,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 41281BF0-2019-417E-83D1-9C585F296F1E 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 BDP Technologies LLC (collectively referred to as Parties) are parties to an agreement that became effective on November 16, 2017 (Agreement). After executing the Agreement, BDP Technologies 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 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 AGREEMENT20,000,000
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 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 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 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 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 3123, 2017 2019 | 14:15 15:21 PDT TAXPAYER Telogiks LP Lakeshore Equipment Company By: Name: Xx Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO President and CEO October 2123, 2017 2019 | 13:27 12:18 PDT Xxxxxx & Xxxxxx LLC By: Name: Xxxx Xxxxxx Title: Date: Trustee October 23, 2019 | 14:16 PDT Exhibit A Milestones Taxpayer: Lakeshore Equipment Company (Credit Recipient) & Xxxxxx & Xxxxxx 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 902 914 939 962 975 993 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 12 37 60 73 91 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 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 Investments $50,000 210,000 $100,000 2,700,000 $100,000 1,830,000 $100,000 1,860,000 $100,000 2,640,000 $450,000 9,240,000 Tax Credit Allocation $0 150,000 $40,000 450,000 $100,000 $160,000 $100,000 550,000 $400,000 $450,000 $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: 785D42EF-E703-4DF5-8A04-EB3706B1C48F 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, Lakeshore Equipment Company, and Xxxxxx & Xxxxxx LLC (collectively referred to as Parties) are parties to an agreement that became effective on November 12, 2019. On or about September 10, 2021, Lakeshore Equipment Company filed papers with the California’s Secretary of State to legally change its entity type and name from Lakeshore Equipment Company to Lakeshore Learning Materials, LLC. The California Secretary of State Entity Number is changed from C0428018 to 202125710770.
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 10:25 PDT TAXPAYER Telogiks LP Xxxxxx Xxxxxxxx Plumbing, Inc. By: Name: Xxxx Xxxx Xxxxxxxx Title: President Date: xxxxxxx xxxxxxx CFO October 21May 22, 2017 | 13:27 18:36 PDT Exhibit A Milestones Taxpayer: Xxxxxx Xxxxxxxx Plumbing, 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 62 70 79 91 102 111 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 17 29 40 49 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 62,000 $60,000 62,000 $60,000 62,000 $60,000 62,000 $60,000 62,000 Investments $50,000 330,105 $100,000 335,000 $100,000 330,750 $100,000 345,500 $100,000 335,000 $450,000 1,676,355 Tax Credit Allocation $0 68,000 $40,000 68,000 $100,000 68,000 $160,000 68,000 $100,000 68,000 $400,000 340,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 7BAECAA5-567E-4F81-B466-9B8343F39CE5 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 13:27 PDT TAXPAYER Telogiks LP CU Direct Corporation By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxx Xxxxx Chief Operating Officer October 2127, 2017 | 13:27 14:56 PDT Exhibit A Milestones Taxpayer: CU Direct Corporation 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 243 253 278 318 378 444 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 35 75 135 201 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 91,000 $60,000 91,000 $60,000 91,000 $60,000 91,000 $60,000 91,000 Investments $50,000 510,000 $100,000 8,310,000 $100,000 34,135,000 $100,000 10,000 $100,000 10,000 $450,000 42,975,000 Tax Credit Allocation $0 350,000 $40,000 900,000 $100,000 1,500,000 $160,000 250,000 $100,000 150,000 $400,000 3,150,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: EE6CAA05-61EB-4950-AF66-2068F301EAAC 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 10:34 PDT TAXPAYER Telogiks LP Maintex, Inc. By: Name: Xxx Xxxxxxxxx Title: Chief Executive Officer Date: xxxxxxx xxxxxxx CFO October 21May 22, 2017 | 13:27 10:29 PDT Exhibit A Milestones Taxpayer: Maintex, 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 146 146 147 149 150 152 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 1 3 4 6 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 $60,000 $60,000 $60,000 $60,000 Investments 50,000 $50,000 $100,000 50,000 $50,000 $50,000 Investments $100,000 $100,000 125,000 $100,000 125,000 $450,000 125,000 $125,000 $600,000 Tax Credit Allocation $0 $8,000 $12,000 $8,000 $12,000 $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. DocuSign Envelope ID: 89D57861-805A-4752-9F31-1685D5BC7DB0 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 14:34 PDT TAXPAYER Telogiks LP West Coast Steel & Processing LLC By: Name: Xxxxx X. Xxx Title: Date: xxxxxxx xxxxxxx CFO October 21Chief Operating Officer March 16, 2017 2018 | 13:27 16:12 PDT Exhibit A Milestones Taxpayer: West Coast Steel & Processing 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 220 251 262 274 283 288 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 31 42 54 63 68 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 36,000 $60,000 36,000 $60,000 36,000 $60,000 36,000 $60,000 36,000 Investments $50,000 19,930,000 $100,000 1,055,500 $100,000 1,058,800 $100,000 587,500 $100,000 17,806,000 $450,000 40,437,800 Tax Credit Allocation $0 600,000 $40,000 250,000 $100,000 350,000 $225,000 $160,000 $100,000 $400,000 1,585,000 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 10:54 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 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 31May 25, 2017 | 14:15 10:45 PDT TAXPAYER Telogiks LP Scenario Xxxxxxx USA, Inc. By: Name: Xxxx Xxxxxx Title: Director Date: xxxxxxx xxxxxxx CFO October 21May 19, 2017 | 13:27 19:06 PDT Exhibit A Milestones Taxpayer: Scenario Xxxxxxx USA, 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 19 105 151 158 162 165 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 86 132 139 143 146 Minimum Annual Wage Salary 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 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 $100,000 $100,000 300,000 $100,000 75,000 $100,000 0 $450,000 525,000 Tax Credit Allocation $0 250,000 $40,000 250,000 $100,000 250,000 $160,000 250,000 $100,000 250,000 $400,000 1,250,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: CEDE0175-BE59-46DF-951B-14AFEEFAFCC3 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 3123, 2017 2019 | 14:15 15:21 PDT TAXPAYER Telogiks LP Lakeshore Equipment Company By: Name: Xx Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO President and CEO October 2123, 2017 2019 | 13:27 12:18 PDT Xxxxxx & Xxxxxx LLC By: Name: Xxxx Xxxxxx Title: Date: Trustee October 23, 2019 | 14:16 PDT Exhibit A Milestones Taxpayer: Lakeshore Equipment Company (Credit Recipient) & Xxxxxx & Xxxxxx 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 902 914 939 962 975 993 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 12 37 60 73 91 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 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 $60,000 64,000 Investments $50,000 210,000 $100,000 2,700,000 $100,000 1,830,000 $100,000 1,860,000 $100,000 2,640,000 $450,000 9,240,000 Tax Credit Allocation $0 150,000 $40,000 450,000 $100,000 $160,000 $100,000 550,000 $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$450,000 $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 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 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 Xxxxxx Xxxx Title: Chief Deputy Director Date: October 31March 26, 2017 2018 | 14:15 14:17 PDT TAXPAYER Telogiks LP CJ America, Inc. By: Name: Xxx Xxx Xxx Title: Date: xxxxxxx xxxxxxx CFO October March 21, 2017 2018 | 13:27 11:44 PDT Taxpayer: CJ America, Inc. Exhibit A Milestones 2016 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 111 198 266 347 414 473 Total California Full-Time Employees1 from Prior CCTC Agreement 111 120 150 169 181 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 for this agreement 87 146 197 245 292 Minimum Annual Wage of California Full- 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- Full-Time Employees Hired $60,000 43,000 $60,000 43,000 $60,000 43,000 $60,000 43,000 $60,000 43,000 Investments from Prior CCTC Agreement $50,000 54,000,000 $100,000 0 $100,000 36,000,000 $100,000 0 $100,000 0 Additional Investments for this Agreement $450,000 200,000 $3,750,000 $3,750,000 $3,750,000 $3,750,000 $15,200,000 Tax Credit Allocation from Prior CCTC Agreement $0 $40,000 0 $100,000 0 $160,000 1,500,000 $100,000 0 Tax Credit Allocation for this Agreement $400,000 0 $0 $500,000 $500,000 $1,000,000 $2,000,000 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 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 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 Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:18 PDT TAXPAYER Telogiks LP ALOM Technologies Corporation By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxx Xxxx CEO October 2120, 2017 | 13:27 14:41 PDT Exhibit A Milestones Taxpayer: ALOM Technologies Corporation 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 74 81 104 129 156 185 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 7 30 55 82 111 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 30,000 Cumulative Average Annual Wage of California 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 $50,000 340,000 $100,000 340,000 $100,000 360,000 $100,000 $100,000 390,000 $450,000 $1,880,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 225,000 $100,000 225,000 $400,000 225,000 $225,000 $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: 86BE80E3-BA4E-4A0C-ADF5-0B9FFD92CDBF 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 10:24 PDT TAXPAYER Telogiks LP 23 Bottle of Beer LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxxxxx Xxxxxxx Owner May 22, 2017 | 13:27 20:24 PDT Exhibit A Milestones Taxpayer: 23 Bottles of Beer 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 46 48 61 103 112 116 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 2 15 57 66 70 Minimum Annual Wage Salary 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 Salary of California Full- Full-Time Employees Hired $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 $60,000 42,000 Investments $50,000 15,500,000 $100,000 28,445,303 $100,000 500,000 $100,000 200,000 $100,000 0 $450,000 44,645,303 Tax Credit Allocation $0 200,000 $40,000 400,000 $600,000 $200,000 $100,000 $160,000 $100,000 $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: B45E0996-DBA1-4C25-B1B2-7FB2D77B3977 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 13:27 PDT TAXPAYER Telogiks LP CU Direct Corporation By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxx Xxxxx Chief Operating Officer October 2127, 2017 | 13:27 14:56 PDT Exhibit A Milestones Taxpayer: CU Direct Corporation 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 243 253 278 318 378 444 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 10 35 75 135 201 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 91,000 $60,000 91,000 $60,000 91,000 $60,000 91,000 $60,000 91,000 Investments $50,000 510,000 $100,000 8,310,000 $100,000 34,135,000 $100,000 10,000 $100,000 10,000 $450,000 42,975,000 Tax Credit Allocation $0 350,000 $40,000 900,000 $100,000 1,500,000 $160,000 250,000 $100,000 150,000 $400,000 3,150,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S DocuSign Envelope ID: XX0XXX00-00XX-0000-XX00-0000X000XXXX XXXXXXXX’ 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 14:32 PDT TAXPAYER Telogiks LP Patagonia Works By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxxxx Xxxxxxx VP Finance, Treasurer, Corporate Controller October 2119, 2017 2018 | 13:27 21:21 PDT Patagonia, Inc. By: Name: Title: Date: Xxxxxx Xxxxxxx VP Finance, Treasurer, Corporate Controller October 19, 2018 | 21:21 PDT Worn Wear, Inc. By: Name: Title: Date: Xxxxxx Xxxxxxx VP Finance, Treasurer, Corporate Controller October 19, 2018 | 21:21 PDT Lost Arrow, Inc. By: Name: Title: Date: Xxxxxx Xxxxxxx VP Finance, Treasurer, Corporate Controller October 19, 2018 | 21:21 PDT Taxpayer: Patagonia Works 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 for this Agreement 318 508 534 557 566 593 Total California Full-Time Employees1 from Prior CCTC Agreement 493 493 493 493 493 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 for this Agreement 15 41 64 73 100 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 $60,000 54,000 $60,000 54,000 $60,000 54,000 $60,000 54,000 $60,000 54,000 Investments from Prior CCTC Agreement $50,000 9,525,000 $100,000 0 $100,000 0 $100,000 0 $100,000 0 Additional Investments for this Agreement $450,000 760,000 $4,000,000 $4,750,000 $1,575,000 $1,225,000 $12,310,000 Tax Credit Allocation from Prior CCTC Agreement $222,000 $0 $40,000 0 $100,000 0 $160,000 0 Tax Credit Allocation for this Agreement $100,000 130,000 $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 AGREEMENT370,000 $370,000 $240,000 $370,000 $1,480,000
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 31June 1, 2017 2020 | 14:15 09:02 PDT TAXPAYER Telogiks LP The Xxxx Group, Inc. By: Name: Xxxxx Xxxxxxxxx Title: Vice President of Finance Date: May 21, 2020 | 07:57 PDT Xxxx Machinery, Inc. Xxxxx Xxxxxxxxx By: Name: Title: Vice President of Finance Date: xxxxxxx xxxxxxx CFO October May 21, 2017 2020 | 13:27 07:57 PDT Xxxx Material Handling, Inc. By: Name: Xxxxx Xxxxxxxxx Title: Vice President of Finance Date: May 21, 2020 | 07:57 PDT Xxxx X.X., Inc. By: Name: Xxxxx Xxxxxxxxx Title: Vice President of Finance Date: May 21, 2020 | 07:57 PDT Xxxx Trucks, Inc. By: Name: Xxxxx Xxxxxxxxx Title: Vice President of Finance Date: May 21, 2020 | 07:57 PDT Exhibit A Milestones Taxpayer: The Xxxx Group, 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 1,050 1,063 1,091 1,116 1,134 1,149 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 13 41 66 84 99 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 37,500 $45,000 37,500 $45,000 37,500 $45,000 37,500 $45,000 37,500 Cumulative Average Annual Wage of California Full- Full-Time Employees Hired $60,000 $60,000 $60,000 $60,000 $60,000 Investments 50,000 $50,000 $100,000 50,000 $100,000 50,000 $100,000 50,000 Investments $100,000 4,000,000 $450,000 4,000,000 $4,000,000 $16,253,940 $16,253,940 $44,507,880 Tax Credit Allocation $0 135,000 $40,000 280,000 $100,000 320,000 $160,000 215,000 $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 AGREEMENT1,100,000
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 31June 1, 2017 2021 | 14:15 09:39 PDT TAXPAYER Telogiks LP CIVIC Financial Services, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx Sun Xxx CFO October 21May 24, 2017 2021 | 13:27 07:08 PDT Exhibit A Milestones Taxpayer: CIVIC Financial Services LLC 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 388 470 524 553 576 599 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 82 136 165 188 211 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 $60,000 $60,000 $60,000 $60,000 Investments $50,000 125,000 $100,000 $100,000 75,000 $100,000 75,000 $100,000 75,000 $450,000 Tax Credit Allocation $0 650,000 $40,000 500,000 $100,000 250,000 $160,000 200,000 $100,000 200,000 $400,000 1,800,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. GOVERNOR’S DocuSign Envelope ID: XX0XX0XX-X0X0-0000-X0X0-X000X000X000 XXXXXXXX’ 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 CIVIC Financial Services LLC (collectively referred to as Parties) are parties to an agreement that became effective on June 17, 2021 (Agreement). After executing the Agreement, CIVIC Financial Services 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 26, 2017 2018 | 14:15 14:22 PDT TAXPAYER Telogiks LP BofI Holding, Inc. By: Name: Xxxxxx X. Xxxxxxxxxx Title: Date: xxxxxxx xxxxxxx EVP & CFO October 21March 20, 2017 2018 | 13:27 14:26 PDT BofI Federal Bank By: Name: Xxxxxx X. Xxxxxxxxxx Title: Date: EVP & CFO March 20, 2018 | 14:26 PDT Exhibit A Milestones Taxpayer: BofI Holding, Inc. (Credit Recipient) and BofI Federal Bank 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 676 724 747 761 777 836 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 48 71 85 101 160 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,000 $45,000 32,000 $45,000 33,000 $45,000 34,000 $45,000 35,000 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 $50,000 200,000 $100,000 14,700,000 $100,000 3,450,000 $100,000 2,025,000 $100,000 2,052,500 $450,000 22,427,500 Tax Credit Allocation $0 1,450,000 $40,000 600,000 $100,000 450,000 $160,000 500,000 $100,000 2,000,000 $400,000 5,000,000 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 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 BofI Holding, Inc. By: Name: Xxxxxx X. Xxxxxxxxxx Title: Date: xxxxxxx xxxxxxx EVP & CFO October 21March 20, 2017 2018 | 13:27 14:26 PDT BofI Federal Bank By: Name: Xxxxxx X. Xxxxxxxxxx Title: Date: EVP & CFO March 20, 2018 | 14:26 PDT Exhibit A Milestones Taxpayer: BofI Holding, Inc. (Credit Recipient) and BofI Federal Bank 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 676 724 747 761 777 836 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 48 71 85 101 160 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,000 $45,000 32,000 $45,000 33,000 $45,000 34,000 $45,000 35,000 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 $50,000 200,000 $100,000 14,700,000 $100,000 3,450,000 $100,000 2,025,000 $100,000 2,052,500 $450,000 22,427,500 Tax Credit Allocation $0 1,450,000 $40,000 600,000 $100,000 450,000 $160,000 500,000 $100,000 2,000,000 $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 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 14:14 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 31, 2017 | 14:15 13:45 PDT TAXPAYER Telogiks LP BDP Technologies LLC By: Name: Title: Date: xxxxxxx xxxxxxx CFO Xxxx Xx CEO October 2124, 2017 | 13:27 10:46 PDT Exhibit A Milestones Net Increase of Full-Time Employees Compared to the Base Year 0 1 2 5 8 25 45 59 11 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 40,000 $60,000 $60,000 $60,000 $60,000 Investments $50,000 500,000 $500,000 $1,000,000 $2,000,000 $2,000,000 $6,000,000 Tax Credit Allocation $30,000 $30,000 $100,000 $100,000 $100,000 $100,000 $450,000 Tax Credit Allocation $0 $40,000 $100,000 $160,000 $100,000 $400,000 360,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 41281BF0-2019-417E-83D1-9C585F296F1E 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 BDP Technologies LLC (collectively referred to as Parties) are parties to an agreement that became effective on November 16, 2017 (Agreement). After executing the Agreement, BDP Technologies 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 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 14:02 PDT TAXPAYER Telogiks LP Fleetwood Aluminum Products, Inc. By: Name: Xxxxx Xxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 21Director of Finance March 14, 2017 2018 | 13:27 10:53 PDT Exhibit A Milestones Taxpayer: Fleetwood Aluminum 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 18 98 178 198 218 238 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 80 160 180 200 220 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 35,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 $60,000 35,000 Investments $50,000 2,500,000 $100,000 2,500,000 $100,000 2,500,000 $100,000 2,500,000 $100,000 2,500,000 $450,000 12,500,000 Tax Credit Allocation $0 245,000 $40,000 250,000 $100,000 85,000 $160,000 85,000 $100,000 85,000 $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: 2E27B5DA-95AF-4E02-AB53-FAACC384A8B5 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 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 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 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 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 Xxxx Title: Chief Deputy Director Date: October 31, 2017 | 14:15 14:10 PDT TAXPAYER Telogiks LP Chef Works, Inc. By: Name: Xxxxx Xxxxxxx Title: Date: xxxxxxx xxxxxxx CFO October 2124, 2017 | 13:27 10:13 PDT Exhibit A Milestones Taxpayer: Chef Works, 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 159 162 176 202 225 242 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 3 17 43 66 83 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 30,000 Cumulative Average Annual Wage of California Full- Time Employees Hired $60,000 52,000 $60,000 52,000 $60,000 52,000 $60,000 52,000 $60,000 52,000 Investments $50,000 295,000 $100,000 990,000 $100,000 1,055,000 $100,000 1,080,000 $100,000 1,940,000 $450,000 5,360,000 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 OFFICE OF GOVERNOR XXXXXX X. XXXXX XX. DocuSign Envelope ID: 7B01521E-54A5-4E23-AABA-04DC16599158 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 14:00 PDT TAXPAYER Telogiks LP QC Manufacturing, Inc. By: Name: Title: Date: xxxxxxx xxxxxxx CFO October 21Xxxx Xxxxx Human Resources Manager March 19, 2017 2019 | 13:27 09:10 PDT Exhibit A Milestones Taxpayer: QC Manufacturing, 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 99 110 131 153 185 199 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 11 32 54 86 100 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 33,000 $60,000 33,000 $60,000 33,000 $60,000 33,000 $60,000 33,000 Investments $50,000 831,538 $100,000 256,570 $100,000 203,520 $100,000 89,170 $100,000 5,170 $450,000 1,385,968 Tax Credit Allocation $0 80,000 $40,000 155,000 $100,000 165,000 $160,000 240,000 $100,000 110,000 $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: 21BB2A0E-888D-493B-8D91-86D68F7EC69E 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 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 14:22 PDT TAXPAYER Telogiks LP BofI Holding, Inc. By: Name: Xxxxxx X. Xxxxxxxxxx Title: Date: xxxxxxx xxxxxxx EVP & CFO October 21March 20, 2017 2018 | 13:27 14:26 PDT BofI Federal Bank By: Name: Xxxxxx X. Xxxxxxxxxx Title: Date: EVP & CFO March 20, 2018 | 14:26 PDT Exhibit A Milestones Taxpayer: BofI Holding, Inc. (Credit Recipient) and BofI Federal Bank 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 676 724 747 761 777 836 Net Increase of Full-Time Employees Compared to the Base Year 0 8 25 45 59 48 71 85 101 160 Minimum Annual Wage of California Full- Full-Time Employees Hired $45,000 31,000 $45,000 32,000 $45,000 33,000 $45,000 34,000 $45,000 35,000 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 $50,000 200,000 $100,000 14,700,000 $100,000 3,450,000 $100,000 2,025,000 $100,000 2,052,500 $450,000 22,427,500 Tax Credit Allocation $0 1,450,000 $40,000 600,000 $100,000 450,000 $160,000 500,000 $100,000 2,000,000 $400,000 5,000,000 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 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
