Common use of Target Withholdings and Annual Cap Clause in Contracts

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 through 2022, and 2023 and 2024, shall be as follows: 2020 $151,875 $40,000 2021 230,672 60,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 2023 and 2024 are also subject to subsection 2(b)(vi).

Appears in 2 contracts

Samples: Economic Development Agreement, Economic Development Agreement

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Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2018 through 2022 shall be: 2018 $34,000 $3,700 2019 40,000 4,300 2020 through 2022, and 2023 and 2024, shall be as follows: 2020 $151,875 $40,000 46,000 5,000 2021 230,672 60,000 55,000 5,800 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 2023 and 2024 are also subject to subsection 2(b)(vi).62,000 6,500

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 2019 through 2022, and 2023 and 2024, 2024 shall be as follows: 2019 $92,000 $15,000 2020 $151,875 $40,000 112,000 18,000 2021 230,672 60,000 126,000 20,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 152,000 24,000 2023 and 178,000 28,000 2024 are also subject to subsection 2(b)(vi).181,560 30,000

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 2019 through 2022, and 2023 and 2024, 2021 shall be as follows: 2019 $70,000 $6,000 2020 $151,875 $40,000 72,100 6,200 2021 230,672 60,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 2023 and 2024 are also subject to subsection 2(b)(vi).74,263 6,400

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 2018 through 2022, and 2023 and 2024, 2022 shall be as follows: 2018 $59,802 $6,400 2019 83,802 8,900 2020 $151,875 $40,000 107,802 11,200 2021 230,672 60,000 118,583 12,400 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 2023 and 2024 are also subject to subsection 2(b)(vi).136,370 14,100

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 through 2022, and 2023 and 2024, 2026 shall be as follows: 2020 $151,875 524,000 $40,000 2021 230,672 60,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 2023 and 2024 are also subject to subsection 2(b)(vi).95,000

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 2019 through 2022, and 2023 and 2024, 2024 shall be as follows: 2019 $97,000 $10,000 2020 $151,875 $40,000 104,600 10,750 2021 230,672 60,000 109,600 11,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 114,000 11,500 2023 and 116,280 11,750 2024 are also subject to subsection 2(b)(vi).118,606 12,000

Appears in 1 contract

Samples: Economic Development Agreement

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Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 2019 through 2022, and 2023 and 2024, 2022 shall be as follows: 2019 $80,000 $13,000 2020 $151,875 $40,000 86,000 14,000 2021 230,672 60,000 94,000 15,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 2023 and 2024 are also subject to subsection 2(b)(vi).98,000 15,000

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 2018 through 2022, and 2023 and 2024, 2021 shall be as follows: 2018 $80,810 $18,000 2019 94,547 20,000 2020 $151,875 $40,000 110,184 22,000 2021 230,672 60,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 2023 and 2024 are also subject to subsection 2(b)(vi).128,597 25,000

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 2021 through 2022, and 2023 and 2024, 2027 shall be as follows: 2020 2021 $151,875 1,000,000 $40,000 2021 230,672 60,000 172,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 1,294,000 222,000 2023 and 1,352,000 233,000 2024 are also subject to subsection 2(b)(vi).1,470,000 253,000 2025 1,500,000 260,000 2026 1,520,000 260,000 2027 1,540,000 265,000

Appears in 1 contract

Samples: Economic Development Agreement

Target Withholdings and Annual Cap. The Target Withholdings and Annual Cap for each of the calendar years 2020 through 2022, and 2023 and 2024, 2026 shall be as follows: 2020 $151,875 127,120 $40,000 20,000 2021 230,672 60,000 134,900 22,000 2022 311,439 65,000 2023(1) 319,225 65,000 2024(1) 327,205 70,000 (1) Payments in respect of calendar years 143,320 23,000 2023 and 150,000 25,000 2024 are also subject to subsection 2(b)(vi).153,000 25,000 2025 156,060 25,000 2026 159,181 25,000

Appears in 1 contract

Samples: Economic Development Agreement

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