Common use of STIPULATED SUPPLEMENTAL PAYMENT AMOUNT Clause in Contracts

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. Agreement School Tax Payment Supplemental Year Year Year Due Date Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 2036 – 2037 2036 December 31, 2036 $ 50,000.00 Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per year for each Tax Year of this Agreement beginning with Tax Year 2021 and ending with Tax Year 2036. Failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. : Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 $100 x 2024 – 2025 ADA QTP1 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 $100 x 2025 – 2026 ADA QTP2 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 $100 x 2026 – 2027 ADA L1 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 $100 x 2027 – 2028 ADA L2 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 $100 x 2028 – 2029 ADA L3 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 $100 x 2029 – 2030 ADA L4 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 $100 x 2030 – 2031 ADA L5 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 $100 x 2031 – 2032 ADA L6 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 $100 x 2032 – 2033 ADA L7 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 $100 x 2033 – 2034 ADA L8 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 $100 x 2034 – 2035 ADA L9 2036 – 2037 2036 January 31, 2037 $100 x 2035 – 2036 ADA L10 2037 – 2038 2037 January 31, 2038 $100 x 2036 – 2037 ADA MVP1 2038 – 2039 2038 January 31, 2039 $100 x 2037 – 2038 ADA MVP2 2039 – 2040 2039 January 31, 2040 $100 x 2038 – 2039 ADA MVP3 2040 – 2041 2040 December 31, 2036 $ 50,000.00 2040 $100 x 2039 – 2040 ADA Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments Payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per 100 multiplied by the District’s Average Daily Attendance for the previous school year for each Tax Year of this Agreement Agreement, beginning with Tax Year 2021 2025 and ending with Tax Year 20362040. Failure Subject to the limitations set forth in this Agreement, failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. : Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 Greater of $50,000 or $100 x 2025-2026 ADA QTP2 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 Greater of $50,000 or $100 x 2026-2027 ADA L1 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 Greater of $50,000 or $100 x 2027-2028 ADA L2 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 Greater of $50,000 or $100 x 2028-2029 ADA L3 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 Greater of $50,000 or $100 x 2029-2030 ADA L4 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 Greater of $50,000 or $100 x 2030-2031 ADA L5 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 Greater of $50,000 or $100 x 2031-2032 ADA L6 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 Greater of $50,000 or $100 x 2032-2033 ADA L7 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 Greater of $50,000 or $100 x 2033-2034 ADA L8 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 Greater of $50,000 or $100 x 2034-2035 ADA L9 2036 – 2037 2036 January 31, 2037 Greater of $50,000 or $100 x 2035-2036 ADA L10 2037 – 2038 2037 January 31, 2038 Greater of $50,000 or $100 x 2036-2037 ADA MVP1 2038 – 2039 2038 January 31, 2039 Greater of $50,000 or $100 x 2037-2038 ADA MVP2 2039 – 2040 2039 January 31, 2040 Greater of $50,000 or $100 x 2038-2039 ADA MVP3 2040 – 2041 2040 December 31, 2036 $ 50,000.00 2040 Greater of $50,000 or $100 x 2039-2040 ADA Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments Payments to the District in an amount equal to Fifty Thousand Dollars (the greater of $50,000.00) per 50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year for each Tax Year of this Agreement Agreement, beginning with Tax Year 2021 2026 and ending with Tax Year 20362040. Failure Subject to the limitations set forth in this Agreement, failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. : Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 $100 x 2020-2021 ADA QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 $100 x 2021-2022 ADA QTP2/L1 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 $100 x 2022-2023 ADA L2 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 $100 x 2023-2024 ADA L3 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 $100 x 2024-2025 ADA L4 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 $100 x 2025-2026 ADA L5 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 $100 x 2026-2027 ADA L6 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 $100 x 2027-2028 ADA L7 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 $100 x 2028-2029 ADA L8 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 $100 x 2029-2030 ADA L9 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 $100 x 2030-2031 ADA L10 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 $100 x 2031-2032 ADA MVP1 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 $100 x 2032-2033 ADA MVP2 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 $100 x 2033-2034 ADA MVP3 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 2036 – 2037 2036 December 31, 2036 $ 50,000.00 2035 $100 x 2034-2035 ADA Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per 100 multiplied by the District’s Average Daily Attendance for the previous school year for each Tax Year of this Agreement Agreement, beginning with Tax Year 2021 and ending with Tax Year 20362035, subject to the supplemental payment limitation in Section 6.3, below. Failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 $100 x 2022 – 2023 ADA QTP1 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 $100 x 2023 – 2024 ADA QTP2 / L1 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 $100 x 2024 – 2025 ADA L2 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 $100 x 2025 – 2026 ADA L3 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 $100 x 2026 – 2027 ADA L4 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 $100 x 2027 – 2028 ADA L5 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 $100 x 2028 – 2029 ADA L6 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 $100 x 2029 – 2030 ADA L7 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 $100 x 2030 – 2031 ADA L8 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 $100 x 2031 – 2032 ADA L9 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 $100 x 2032 – 2033 ADA L10 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 $100 x 2033 – 2034 ADA MVP1 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 $100 x 2034 – 2035 ADA MVP2 2036 – 2037 2036 January 31, 2037 $100 x 2035 – 2036 ADA MVP3 2037 – 2038 2037 December 31, 2037 $100 x 2036 $ 50,000.00 – 2037 ADA Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments Payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per 100 multiplied by the District’s Average Daily Attendance for the previous school year for each Tax Year of this Agreement Agreement, beginning with Tax Year 2021 2023 and ending with Tax Year 20362037. Failure Subject to the limitations set forth in this Agreement, failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 2036 – 2037 2036 December 31, 2036 $ 50,000.00 Subject to the terms of this Agreement, Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments Payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per year for each Tax Year of this Agreement beginning with Tax Year 2021 and ending with Tax Year 2036. Failure Such Supplemental Payments shall be due on the dates shown in the Payment Due Date column shown above for each year. Subject to the limitations set forth in this Agreement, failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. : Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 $100 x 2025-2026 ADA QTP2 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 $100 x 2026-2027 ADA L1 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 $100 x 2027-2028 ADA L2 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 $100 x 2028-2029 ADA L3 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 $100 x 2029-2030 ADA L4 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 $100 x 2030-2031 ADA L5 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 $100 x 2031-2032 ADA L6 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 $100 x 2032-2033 ADA L7 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 $100 x 2033-2034 ADA L8 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 $100 x 2034-2035 ADA L9 2036 – 2037 2036 January 31, 2037 $100 x 2035-2036 ADA L10 2037 – 2038 2037 January 31, 2038 $100 x 2036-2037 ADA MVP1 2038 – 2039 2038 January 31, 2039 $100 x 2037-2038 ADA MVP2 2039 – 2040 2039 January 31, 2040 $100 x 2038-2039 ADA MVP3 2040 – 2041 2040 December 31, 2036 $ 50,000.00 2040 $100 x 2039-2040 ADA Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments Payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per 100 multiplied by the District’s Average Daily Attendance for the previous school year for each Tax Year of this Agreement Agreement, beginning with Tax Year 2021 2026 and ending with Tax Year 20362040. Failure Subject to the limitations set forth in this Agreement, failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2020 – 2021 2020 January 31, 2021 $100 x 2019-2020 ADA QTP1 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 $100 x 2020-2021 ADA QTP2/L1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 $100 x 2021-2022 ADA L2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 $100 x 2022-2023 ADA L3 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 $100 x 2023-2024 ADA L4 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 $100 x 2024-2025 ADA L5 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 $100 x 2025-2026 ADA L6 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 $100 x 2026-2027 ADA L7 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 $100 x 2027-2028 ADA L8 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 $100 x 2028-2029 ADA L9 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 $100 x 2029-2030 ADA L10 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 $100 x 2030-2031 ADA MVP1 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 $100 x 2031-2032 ADA MVP2 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 $100 x 2032-2033 ADA MVP3 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 2036 – 2037 2036 December 31, 2036 $ 50,000.00 2034 $100 x 2033-2034 ADA Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per 100 multiplied by the District’s Average Daily Attendance for the previous school year for each Tax Year of this Agreement Agreement, beginning with Tax Year 2021 2020 and ending with Tax Year 20362034. Failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. : Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 $100 x 2022-2023 ADA QTP2 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 $100 x 2023-2024 ADA L1 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 $100 x 2024-2025 ADA L2 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 $100 x 2025-2026 ADA L3 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 $100 x 2026-2027 ADA L4 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 $100 x 2027-2028 ADA L5 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 $100 x 2028-2029 ADA L6 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 $100 x 2029-2030 ADA L7 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 $100 x 2030-2031 ADA L8 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 $100 x 2031-2032 ADA L9 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 $100 x 2032-2033 ADA L10 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 $100 x 2033-2034 ADA MVP1 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 $100 x 2034-2035 ADA MVP2 2036 – 2037 2036 January 31, 2037 $100 x 2035-2036 ADA MVP3 2037 – 2038 2037 December 31, 2036 $ 50,000.00 2037 $100 x 2036-2037 ADA Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments Payments to the District in an amount equal to Fifty Thousand Dollars ($50,000.00) per 100 multiplied by the District’s Average Daily Attendance for the previous school year for each Tax Year of this Agreement Agreement, beginning with Tax Year 2021 2023 and ending with Tax Year 20362037. Failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.

STIPULATED SUPPLEMENTAL PAYMENT AMOUNT. The District shall receive Supplemental Payments on the dates set forth in the following schedule. : Agreement Year School Year Tax Year Payment Supplemental Year Year Year Due Date Supplemental Payment Stub Year 2021 – 2022 2021 January 31, 2022 $ 50,000.00 QTP1 2022 – 2023 2022 January 31, 2023 $ 50,000.00 QTP2 2023 – 2024 2023 January 31, 2024 $ 50,000.00 L1 2024 – 2025 2024 January 31, 2025 $ 50,000.00 L2 2025 – 2026 2025 January 31, 2026 $ 50,000.00 L3 $100 x prior-year ADA QTP1 2026 – 2027 2026 January 31, 2027 $ 50,000.00 L4 $100 x prior-year ADA QTP2 2027 – 2028 2027 January 31, 2028 $ 50,000.00 L5 $100 x prior-year ADA L1 2028 – 2029 2028 January 31, 2029 $ 50,000.00 L6 $100 x prior-year ADA L2 2029 – 2030 2029 January 31, 2030 $ 50,000.00 L7 $100 x prior-year ADA L3 2030 – 2031 2030 January 31, 2031 $ 50,000.00 L8 $100 x prior-year ADA L4 2031 – 2032 2031 January 31, 2032 $ 50,000.00 L9 $100 x prior-year ADA L5 2032 – 2033 2032 January 31, 2033 $ 50,000.00 L10 $100 x prior-year ADA L6 2033 – 2034 2033 January 31, 2034 $ 50,000.00 MVP1 $100 x prior-year ADA L7 2034 – 2035 2034 January 31, 2035 $ 50,000.00 MVP2 $100 x prior-year ADA L8 2035 – 2036 2035 January 31, 2036 $ 50,000.00 MVP3 $100 x prior-year ADA L9 2036 – 2037 2036 January 31, 2037 $100 x prior-year ADA L10 2037 – 2038 2037 January 31, 2038 $100 x prior-year ADA MVP1 2038 – 2039 2038 January 31, 2039 $100 x prior-year ADA MVP2 2039 – 2040 2039 January 31, 2040 $100 x prior-year ADA MVP3 2040 – 2041 2040 December 31, 2036 $ 50,000.00 2040 $100 x prior-year ADA Subject to Section 4.10, any limitations imposed by this Article VI, and the other terms of this Agreement, Applicant expressly agrees and warrants that Applicant will be obligated to have made Supplemental payments Payments to the District in an amount equal to the greater of Fifty Thousand Dollars ($50,000.00) per year or $100 multiplied by the District’s Average Daily Attendance for the previous school year, for each Tax Year of this Agreement beginning with Tax Year 2021 2025 and ending with Tax Year 20362040. Failure Subject to the limitations set forth in this Agreement, failure to make such payments shall be treated as a Material Breach of the Agreement and be subject to the provisions of Article IX, below.