CALIFORNIA COMPETES TAX CREDIT ALLOCATION AGREEMENTCalifornia Competes Tax Credit Allocation Agreement • September 8th, 2021
Contract Type FiledSeptember 8th, 2021This California Competes Tax Credit Allocation Agreement (“Agreement”) is by and between Baker Electric, Inc., a California Corporation (“Credit Recipient”), NB Baker Electric, Inc., a California Corporation and the California Governor’s Office of Business and Economic Development (“GO-Biz”), hereinafter jointly referred to as the “Parties” or individually as the “Party.” Credit Recipient and NB Baker Electric, Inc. hereinafter shall collectively be referred to as “Taxpayer.” All capitalized terms not defined in this Agreement shall have the same meaning as in California Revenue and Taxation Code (“RTC”) sections 17059.2 and 23689, and California Code of Regulations, title 10, section 8000 et seq., as in effect on the Effective Date of this Agreement.