Common use of Repayment Required Clause in Contracts

Repayment Required. A $500,000 Award to assist with site development was part of Company A’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company A committed to create 600 jobs and make a $5,000,000 new investment to construct and operate a new production facility in Georgia. At the end of the Performance Period, Company A has actually created 400 jobs and invested $3,500,000 into a smaller facility. • Award Amount $500,000 • Commitment – 600 jobs and $5,000,000 new investment • Actual jobs delivered – 400 (66% of Commitment) • Actual investment delivered -- $3,500,000 (70% of Commitment) • 66%+70% = 136/2 = 68% [Average Actual Performance] • $340,000 (68%) Adjusted Award Amount • $160,000 (32%) Repayment Amount Example B – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company B’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company B committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company B has actually created 600 jobs and invested $4,250,000 into a redesigned facility that saved $750,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 600 (100%) • Actual investment delivered -- $4,250,000 (85%) • 100%+85% = 185/2 = 92.5% Benefit • No repayment required Example C – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company C’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company C committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company C has actually created 700 jobs and invested $3,500,000 into a redesigned facility that saved $1,500,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 700 (117% but limited to 110% credit) • Actual investment delivered -- $3,500,000 (70%) • 110%+70% = 180/2 = 90.0% Benefit • No repayment required

Repayment Required. A $500,000 Award to assist with site development was part of Company A’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company A committed to create 600 jobs and make a $5,000,000 new investment to construct and operate a new production facility in Georgia. At the end of the Performance Period, Company A has actually created 400 jobs and invested $3,500,000 into a smaller facility. • Award Amount $500,000 • Commitment – 600 jobs and $5,000,000 new investment • Actual jobs delivered – 400 (66% of Commitment) • Actual investment delivered -- — $3,500,000 (70% of Commitment) • 66%+70% = 136/2 = 68% [Average Actual Performance] • $340,000 (68%) Adjusted Award Amount • $160,000 (32%) Repayment Amount Example B – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company B’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company B committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company B has actually created 600 jobs and invested $4,250,000 into a redesigned facility that saved $750,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 600 (100%) • Actual investment delivered -- — $4,250,000 (85%) • 100%+85% = 185/2 = 92.5% Benefit • No repayment required Example C – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company C’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company C committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company C has actually created 700 jobs and invested $3,500,000 into a redesigned facility that saved $1,500,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 700 (117% but limited to 110% credit) • Actual investment delivered -- $3,500,000 (70%) • 110%+70% = 180/2 = 90.0% Benefit • No repayment required

Repayment Required. A $500,000 Award to assist with site development was part of Company A’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company A committed to create 600 jobs and make a $5,000,000 new investment to construct and operate a new production facility in Georgia. At the end of the Performance Period, Company A has actually created 400 jobs and invested $3,500,000 into a smaller facility. • Award Amount $500,000 • Commitment – 600 jobs and $5,000,000 new investment • Actual jobs delivered – 400 (66% of Commitment) • Actual investment delivered -- $3,500,000 (70% of Commitment) • 66%+70% = 136/2 = 68% [Average Actual Performance] • $340,000 (68%) Adjusted Award Amount • $160,000 (32%) Repayment Amount Example B – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company B’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company B committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company B has actually created 600 jobs and invested $4,250,000 into a redesigned facility that saved $750,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 600 (100%) • Actual investment delivered -- $4,250,000 (85%) • 100%+85% = 185/2 = 92.5% Benefit • No repayment required Example C – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company C’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company C committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company C has actually created 700 jobs and invested $3,500,000 into a redesigned facility that saved $1,500,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 700 (117% but limited to 110% credit) • Actual investment delivered -- $3,500,000 (70%) • 110%+70% = 180/2 = 90.0% Benefit • No repayment required

Repayment Required. A $500,000 Award to assist with site development was part of Company A’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company A committed to create 600 jobs and make a $5,000,000 new investment to construct and operate a new production facility in Georgia. At the end of the Performance Period, Company A has actually created 400 jobs and invested $3,500,000 into a smaller facility. • Award Amount $500,000 • Commitment – 600 jobs and $5,000,000 new investment • Actual jobs delivered – 400 (66% of Commitment) • Actual investment delivered -- $3,500,000 (70% of Commitment) • 66%+70% = 136/2 = 68% [Average Actual Performance] • $340,000 (68%) Adjusted Award Amount • $160,000 (32%) Repayment Amount Example B – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company B’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company B committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company B has actually created 600 jobs and invested $4,250,000 into a redesigned facility that saved $750,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 600 (100%) • Actual investment delivered -- $4,250,000 (85%) • 100%+85% = 185/2 = 92.5% Benefit • No repayment required Example C – No Repayment Necessary A $500,000 Award to assist with the purchase of production equipment was part of Company C’s consideration to locate in Georgia rather than an out-of-state location. As part of the deal, Company C committed to create 600 jobs and make a $5,000,000 capital investment to construct and operate a new manufacturing facility in Georgia. At the end of the Performance Period, Company C has actually created 700 jobs and invested $3,500,000 into a redesigned facility that saved $1,500,000 in capital investment. • Award Amount $500,000 • Commitment – 600 jobs & $5,000,000 investment • Actual jobs delivered – 700 (117% but limited to 110% credit) • Actual investment delivered -- $3,500,000 (70%) • 110%+70% = 180/2 = 90.0% Benefit • No repayment requiredBenefit