ContractGrant Agreement • October 15th, 2018
Contract Type FiledOctober 15th, 2018Development Infrastructure ProgramMISSISSIPPI DEVELOPMENT AUTHORITY501 North West Street, 5th Floor (zip: 39201) Post Office Box 849 (zip: 39205)Jackson, Mississippi Grant Agreement Recipient:Madison County125 West North Street Canton, Mississippi 39046Benefitting Business:Fastenal Company, a Minnesota Corporation Effective Date:July 15, 2018 DIP Grant Award Amount:$150,000.00 Grant Number:DIP #393 Beginning and Ending Dates:July 15, 2018 to July 15, 2022 Net Number of Permanent, Full Time Jobs to be created and maintained for 12 months: 50 Madison County, the Recipient herewith commits to the Mississippi Development Authority that Fastenal Company, a Minnesota Corporation (i.e., the Benefiting Business) will increase its employment by creating 50 net new, permanent, full time jobs within four years of the Effective Date of this Agreement and as indicated in that certain Memorandum of Agreement between the Recipient and such Benefitting Business dated effective as of June 4, 2018 and