Common use of Annual Post-Performance Reports Clause in Contracts

Annual Post-Performance Reports. The Company shall provide, at the Company’s expense, in the form attached hereto as Exhibit F, detailed information reasonably satisfactory to VEDP and TAX of the Group’s Capital Investments and Project Jobs through the prior June 30. Each such Post-Performance Report should include (1) Capital Investments made by the Group during the year, broken down by major category of investment, including land, land improvements, new construction and/or building improvements, furniture, fixtures and equipment, Computer Equipment and other major items of expenditure, (2) the number of Project Jobs in place during the year, (3) the average annual wage for such Project Jobs, and (4) the cumulative value of the Tax Benefit received by the Group during the year. Information collected by the Post-Performance Reports will not be used to modify, revoke, or otherwise alter the Group’s use of the Tax Exemption. If there is a Failure to File a Post-Performance Report in a timely manner, VEDP may notify the Company in accordance with Section 6(b) that the members of the Group must cease the use of the Tax Exemption.

Annual Post-Performance Reports. The Company shall provide, at the Company’s expense, in the form attached hereto as Exhibit FD, detailed information reasonably satisfactory to VEDP and TAX of the GroupCompany’s Capital Investments and Project Jobs through the prior June 30. Each such Post-Performance Report should include (1) Capital Investments made by the Group Company during the year, broken down by major category of investment, including land, land improvements, new construction and/or building improvements, furniture, fixtures and equipment, Computer Equipment and other major items of expenditure, (2) the number of Project Jobs in place during the year, (3) the average annual wage for such Project Jobs, and (4) the cumulative value of the Tax Benefit received by the Group Company during the year. Information collected by the Post-Performance Reports will not be used to modify, revoke, or otherwise alter the GroupCompany’s use of the Tax Exemption. If there is a Failure to File a Post-Performance Report in a timely manner, VEDP may notify the Company in accordance with Section 6(b) that the members of the Group Company must cease the use of the Tax Exemption.