JOB RETENTION. The Applicant shall retain at least six (6) existing jobs and shall maintain the positions for the entire abatement period. Demonstration by the Applicant of the need for reduction of jobs due to non-controllable economic or casualty conditions may be considered an exception from this requirement subject to provisions found in the "Periodic Review/Non-Compliance Hearing" section of this Agreement. LOCATION OF FACILITY The Applicant shall maintain its facility within the boundaries of the City during the entire abatement period. Should the Applicant fail to do so, the Applicant shall pay the taxing units affected by the Industrial Facilities Tax Exemption Certificate an amount equal to the sum abated under the terms of the Certificate, as well as any required administrative fees. VALUATIONS BY THE CITY ASSESSOR'S OFFICE The Applicant shall not appeal the valuations placed by the City on the personal property owned by the Applicant at the Cadillac Facility that is the subject of this Agreement, provided that the City applies Michigan State Tax Commission Personal Property Multipliers to the respective acquisition costs of the property. PERIODIC REVIEW/NON-COMPLIANCE HEARING The City shall have the right to periodically review the business and facilities of the Applicant to assure compliance with the terms of this Agreement. Should any review identify non-compliance with the terms of this Agreement, the City reserves the right to amend the Industrial Facilities Tax Exemption Certificate and/or this Agreement, or revoke it in its entirety after a hearing is conducted. The hearing will provide an opportunity to explain why there may be non-compliance with the terms of this Agreement. AFFIDAVIT OF FEES The City and the Applicant swear and affirm by their signatures below that no payment of any kind in excess of the fee allowed by Public Act 198 of 1974, as amended by Public Act 323 of 1996, has been made or promised in exchange for favorable consideration of the exemption certificate application. It is agreed by and between the parties that the above conditions shall remain in effect for the life of the Industrial Facilities Tax Exemption Certificate.
JOB RETENTION. Once clients have secured employment, CONTRACTOR Contractor shall provide ongoing job-retention assistance for clients to learn how to manage and maintain a job and move up the career ladder. During the Job Retention phase, CONTRACTOR’s Contractor’s Employment Specialists shall meet one- on-one with new and employed clients to formulate career goals and develop strategies for attaining them. Through the program, clients are able to gain long-term stability and make permanent personal and lifestyle changes.
JOB RETENTION. 18.1 In the event of layoff, Professional Registered Nursed shall be laid off in the inverse order of seniority. For purposes of seniority, Professional Registered Nurses previously employed as School Nurse-Teachers in the district, and who have had continuous service with the district, will be granted seniority credit for pervious experience.
JOB RETENTION. The Developer's receipt of the Reimbursement Amount and the Initial Reimbursement Amount is subject to the following commitment (the “Job Creation Condition”): the Developer agrees that at least 25 full-time equivalent positions will be employed by tenants or businesses located at the Property or at the Adjacent Property. As used herein, the term “jobs” shall mean full-time equivalent positions providing a regular work schedule of at least 35 hours per week; provided that two part-time positions shall be equivalent to and considered one full-time equivalent position (For purposes hereof, a part-time position shall mean position, which is not a full-time equivalent position, which provides a regular work schedule of at least 20 hours per week). Upon the request of the City, the Developer shall submit documentation as reasonably necessary to evidence that the Developer has satisfied the Job Creation Condition. If the Developer does not satisfy the Job Creation Condition for any period during the Term of this Agreement and if such failure continues for sixty (60) days after written notice to Developer, the City may, as its sole and exclusive remedy, beginning on the date which is sixty (60) days after such written notice until Developer has provided evidence that it has satisfied the Job Creation Condition, reduce the Reimbursement Amount to be paid to Developer by a percentage by which the Developer does not satisfy the Job Creation Condition.
JOB RETENTION. During the Term of this Agreement, Developer shall comply with the following employment-related covenants: Developer represents that the number of fulltime equivalent (FTE) employees employed by Developer in Dubuque, Iowa, on the Closing Date is 218. Developer shall maintain during the Term of this Agreement at the Dubuque Industrial Center South facility 200 FTE employees. FTE employees shall be calculated by adding fulltime and part-time employees together using 2080 hours per year as a FTE employee. For the positions that Developer fails to maintain for any year during the Term of this Agreement, the semi-annual Economic Development Grants for such year under Section 3.2 shall be reduced by the percentage that the number of such positions bears to the total number of positions required to be maintained by this Section 6.1. (For example, if the certification shows 184 FTE during any year of the Term, the semi-annual Economic Development Grants would be 92.0% (184/200) of the Developer Tax Increments received by City which would be paid by City to Developer). The reduction of the semi-annual Economic Development Grants shall be the City’s sole remedy for the failure of Developer to meet the job creation requirements of this subsection 6.1.
JOB RETENTION. Job retention is a basic requirement for all jobs throughout the term of the Agreement. XXXXXXX-XXXXXXXX shall retain the presently existing two hundred sixty four (264) full-time jobs for a period of ten (10) years from the date that XXXXXXX XXXXXXXX receives the first payment of money from WMCEDC under the terms of this Agreement, with the retention of a lesser number of jobs resulting in the application of the Noncompliance provisions of Sections 3.3 and 3.5, below.
JOB RETENTION. The Applicant shall retain at least Thirty-Five (35) existing jobs and shall maintain the positions for the entire abatement period. The Applicant also shall create at least one
JOB RETENTION. APPLICANT agrees that during the term of this Agreement, APPLICANT will retain a minimum of four hundred thirty (430) filled Full-Time Employment positions at the DEVELOPMENT and two hundred forty-four (244) filled Part-Time Positions at the DEVELOPMENT. The foregoing are the minimum job retention requirements under this Agreement and in no way limit the APPLICANT from retaining additional employment positions at the DEVELOPMENT.
JOB RETENTION. The Borrower commits and agrees during the stated contract period to retain ^ (^) FTE positions of the current employee total ^ (^) at the ^ facility, which would have been lost without this assistance. These positions shall be consistent with the positions cited in the Application and pay the wages as outlined in Exhibit D.
JOB RETENTION. Finally, once clients have secured employment, Chrysalis provides ongoing job-retention assistance for clients to learn how to manage and maintain a job and move up the career ladder. It begins as soon as clients enter our doors because we understand the value of maintaining employment in the trajectory of a person’s career and pathway out of poverty. Additionally, Employment Specialists meet one-on-one with new and employed clients to formulate career goals and develop strategies for attaining them. Through this program, clients are able to gain long-term stability and make permanent personal and lifestyle changes.
