Job Creation or Retention Activities. The Project will result in the retention of at least 55 Permanent Jobs and the creation of at least 35 New Jobs with an average annual salary of $28,000.00 (for a total of at least 90 Permanent Jobs) at the Project Parcel in accordance with the Performance Schedule. An “employee” of Company means any person employed by Company or by any employee leasing company (or other similar third-party employer) to fill a Permanent Job position made available by Company at the Project Parcel. It is acknowledged and agreed that any of the New Jobs may be filled, in Company’s discretion, by persons employed by Company or by persons employed by any employee leasing company selected by Company. The parties acknowledge and agree that it may be necessary for Company or any such third-party employer to commence the recruitment, interviewing, consideration, selection and training of prospective employees to fill such New Jobs, or to hire employees, in sufficient time to commence its operations as soon as possible after completion of the Project. In the event that notwithstanding the City’s best efforts, the Company or any such third-party employer found or finds it necessary to recruit, interview, consider, select or train any persons, or fill any New Jobs to be created in the City as a result of this Agreement, before execution of this Agreement or the State Agreement, such New Jobs shall not be considered or deemed to lose their status as New Jobs created in the City as a result of the Project and such persons shall not be considered or deemed to lose their status as persons, or, in applicable cases, low and moderate income persons, to which such New Jobs have been made available or who hold such New Jobs. Notwithstanding any provision in this Agreement to the contrary, the re-hiring of any person by the Company who was previously employed by the Company in Xxxxx County, Florida, during any part of the twelve (12) month period immediately preceding the execution of this Agreement, shall not fulfill the conditions of or qualify as a Full-Time Equivalent Job, New Job, or Permanent Job and shall therefore not be counted in any formula or computation towards any QTI reimbursement or refund. For the purposes of this section, the term “Company” shall include any parent, holding or subsidiary company of the Company, or any other business related by virtue of a merger, purchase, or acquisition by the Company. The Company shall provide to the OED prior to March 1 of each year this...
Job Creation or Retention Activities. The Project is anticipated to result in the retention of 42 Permanent Jobs and the creation of at 10 New Jobs with an average annual salary of $32,500 (for a total of at least 52 Permanent Jobs) at the Project Parcel. The Company shall provide to the OED prior to March 1 of each year this Agreement is in effect the annual reporting forms in the format of, and containing at a minimum the information on, Exhibit G.
