Relocation Incentive Payment to the Company. The Company agrees to lease a facility and to relocate and expand an office and its associated operations and workforce, all within the City. In consideration of the Company’s agreement to lease a facility and to relocate and expand that office and create employment opportunities within the City, and subject to the Company’s compliance with the requirements set forth in subsection 2(d), the City agrees to provide to the Company a relocation incentive payment (the “Relocation Incentive Payment”) in the amount of Ten Thousand and 00/100 Dollars ($10,000.00), payable to the Company no later than thirty (30) days following the occurrence of (A) the Company’s lease of a facility within the City and provision to the City of a photocopy of the Lease Agreement and (B) issuance by the City of a certificate of occupancy for that leased facility (which issuance will not be unreasonably conditioned, delayed or withheld by the City).

Relocation Incentive Payment to the Company. The Company agrees to lease the Facility and to relocate and expand an office and its associated operations and workforce, all within the City. In consideration of the Company’s agreement to lease the Facility and to relocate and expand that office and relocate existing and create new jobs and employment opportunities within the City, and subject to the Company’s compliance with the requirements set forth in subsection 2(d), the City agrees to provide to the Company a relocation incentive payment (the “Relocation Incentive Payment”) in the amount of One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00), payable to the Company no later than One (1) Year following the date on which the City shall have determined that all of the following conditions shall have been satisfied: (A) the Company shall have executed the Lease Agreement and provided a photocopy of that executed Leased Agreement to the City, (B) the City shall have issued a Certificate of Occupancy for the leased Facility (which issuance will not be unreasonably conditioned, delayed or withheld by the City) and (C) the Company shall have occupied the Facility.

Relocation Incentive Payment to the Company. The Company agrees to lease or purchase the Facility and to relocate and expand the Company's office and its associated operations and workforce, all within the City. In consideration of the Company’s agreement to lease or purchase the Facility and to relocate and expand that office and relocate existing and create new jobs and employment opportunities, all within the City, and subject to the Company’s compliance with the requirements set forth in subsection 2(d), the City agrees to provide to the Company a relocation incentive payment (the “Relocation Incentive Payment”) in the amount of Twenty-Five Thousand and 00/100 Dollars ($25,000.00), payable to the Company no later than One (1) Year following the date on which the City shall have determined that all of the conditions set forth in subsections 1(c)(i), 1(c)(ii) and 1(c)(iii) shall have been satisfied.

Related to Relocation Incentive Payment to the Company

Severance Pay 4.4.2(a) Severance pay - other than employees of a small employer An employee, other than an employee of a small employer, whose employment is terminated by reason of redundancy is entitled to the following amount of severance pay in respect of a period of continuous service: Period of continuous service Severance pay Less than 1 year Nil 1 year and less than 2 years 4 weeks’ pay* 2 years and less than 3 years 6 weeks’ pay 3 years and less than 4 years 7 weeks’ pay 4 years and less than 5 yeas 8 weeks’ pay 5 years and less than 6 years 10 weeks’ pay 6 years and less than 7 years 11 weeks’ pay 7 years and less than 8 years 13 weeks’ pay 8 years and less than 9 years 14 weeks’ pay 9 years and less than 10 years 16 weeks’ pay 10 years and over 12 weeks’ pay * Week’s pay is defined in 4.4.1.

Relocation Incentive Payment to the Company Sample Clauses