Common use of Incentive Schedule Clause in Contracts

Incentive Schedule. For each new job created at 115% or more of the average county wage, the incentive amount is $3,000 per new job. • For each new job created at 150% or more of the average county wage, the incentive amount is $4,000 per new job. • For each new job created at 200% or more of the average county wage, the incentive amount is $5,000 per new job. • For each new job created and filled by the City resident, there will be a bonus $2,000 incentive paid. • For each new job created and filled by a resident of the South St. Petersburg Community Redevelopment Area, there will be a bonus $3,000 incentive paid. • The residential bonus incentives are not cumulative.

Incentive Schedule. For each new job created at 115% or more of the average county wage, the incentive amount is $3,000 per new job. • For each new job created at 150% or more of the average county wage, the incentive amount is $4,000 per new job. • For each new job created at 200% or more of the average county wage, the incentive amount is $5,000 per new job. • For each new job created and filled by a resident of the City residentCity, there will be a bonus $2,000 incentive paid. • For each new job created and filled by a resident of the South St. Petersburg Community Redevelopment Area, there will be a bonus $3,000 incentive paid. • The residential bonus incentives are not cumulative.