Common use of Initial Company Notification Clause in Contracts

Initial Company Notification. The Company will provide a written certification to VEDP within 90 days after completion of the Capital Investment and the New Job creation and Maintenance, with a letter executed by a senior executive of the Company, certifying (i) the amount of Capital Investment at the Facility, (ii) the number of New Jobs created and Maintained at the Facility, (iii) the average annual wage paid to those employees, and (iv) an indication whether a package of standard fringe benefits was provided for those employees (an “Initial Company Notification”). The Initial Company Notification must be submitted no later than __________ 1, 20__. [GENERALLY, ONE YEAR PLUS 90 DAYS PAST THE PROJECTED COMPLETION DATE]

Initial Company Notification. The Company will provide a written certification to VEDP within 90 days after of completion of the Capital Investment and the [New Job Job/Job] creation and Maintenance, with a letter executed by a senior executive of the Company, certifying (i) the amount of Capital Investment at the Facility, (ii) the number of [New Jobs created and Jobs/Jobs][created and] Maintained at the Facility, (iii) the average annual wage paid to those employees, and (iv) an indication whether a package of standard fringe benefits was provided for those employees (an “Initial Company Notification”). The Initial Company Notification must be submitted no later than __________ 1, 20__. [GENERALLY20 , ONE YEAR PLUS 90 DAYS PAST THE PROJECTED COMPLETION DATE]and may be the same as an progress report as described in subsection (b) above.

Initial Company Notification. The Company will provide a written certification to VEDP within 90 days after of completion of the Capital Investment and the [New Job Job/Job] creation and Maintenance, with a letter executed by a senior executive of the Company, certifying (i) the amount of Capital Investment at the Facility, (ii) the number of [New Jobs created and Jobs/Jobs][created and] Maintained at the Facility, (iii) the average annual wage paid to those employees, and (iv) an indication whether a package of standard fringe benefits was provided for those employees (an “Initial Company Notification”). The Initial Company Notification must be submitted no later than __________ 190 days after the Projected Completion Date, 20__. [GENERALLY, ONE YEAR PLUS 90 DAYS PAST THE PROJECTED COMPLETION DATE]and may be the same as a progress report as described in subsection (b) above.