Common use of SUPPLEMENTAL NEW JOBS CREDIT FROM WITHHOLDING Clause in Contracts

SUPPLEMENTAL NEW JOBS CREDIT FROM WITHHOLDING. Certain jobs included in the Project are eligible for a supplemental new jobs credit from withholding in an amount equal to one and one-half percent of the gross wages paid by the Employer pursuant to Senate File 2351 adopted by the 76th General Assembly effective July 1, 1996. Kirkwood and the Employer agree that the Supplemental Program shall be administered in the same manner as the remainder of the Project and that all terms and conditions of this Agreement shall apply to the entire Project including the Supplemental Program. Section 7.1. Terms used in this Article shall have the meanings set out in Article I or this Section 7. 1. Other terms used in this Article shall have the meanings set out in Chapters 15A or 260E, Code of Iowa, 1995, as amended.