Common use of Project/Milestones Clause in Contracts

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles County. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

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Project/Milestones. Taxpayer operates an electric vehicle vanpool is a full-service general contractor providing engineering, structural concrete, and car sharing service throughout Los Angeles Countypipe fabrication services. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles trucks as part of its expansion in Los Angeles Santa Xxxxx and Santa MonicaVentura, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool numerous media networks that create television programs, motion pictures, short-form videos, social media, consumer products, and car sharing service throughout Los Angeles Countyother entertainment content for audiences in more than 160 countries and territories. In consideration for the Credit, Xxxxxxxx agrees to establish a new West Coast Media Network headquarters in Hollywood, California, by constructing a new office building in Burbank, California. Taxpayer also agrees to hire full-time employees and invest in electric vehicles as part of to support its expansion in Los Angeles and Santa Monica, California goals (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A “A” (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of fullFull-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the fullFull-time employees hired and retained within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer the taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a mechanical engineering consulting firm. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computers, software, office furniture, and facility improvements as part of its expansion in Los Angeles and Santa MonicaAngeles, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool accounting and car sharing service throughout Los Angeles Countytax services firm that primarily serves small and medium sized businesses. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles software licenses as part of its expansion in Los Angeles and Santa MonicaAliso Viejo, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a custom fit fabric sunshade manufacturer. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles manufacturing equipment, vehicles, and tenant improvements as part of its expansion in Los Angeles and Santa MonicaSan Marcos, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool accounting firm that provides accounting, tax, and car sharing service throughout Los Angeles Countybusiness consulting services. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric computer equipment and vehicles as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool Taxpayer, based in Santa Monica, California, is a marketer and car sharing service throughout Los Angeles Countycreator of health products, including exercise videos and nutritional supplements. In consideration for the Credit, Taxpayer agrees to invest in facility, technology, and tenant improvements, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool offers heating and car sharing service throughout Los Angeles Countyair conditioning retrofit, maintenance, and repair services to residential and commercial customers. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyprovides speech therapy services for children. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles tenant improvements, furniture and fixtures, computer equipment, and software as part of its expansion in Los Angeles and Santa MonicaFresno, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool offers music instruction and car sharing service throughout Los Angeles Countyrents and repairs musical instruments. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles office space, tenant improvements, and computer equipment as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a financial planning and car sharing tax preparation service throughout Los Angeles Countyprovider. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, software licenses, furniture and fixtures, and a website as part of its expansion in Los Angeles and Santa MonicaSan Francisco, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool provides plumbing, heating, and car sharing service throughout Los Angeles Countycooling services for commercial and residential properties. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric fleet vehicles and office space as part of its expansion in Los Angeles and Santa MonicaOceanside, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool and car sharing online payment service throughout Los Angeles Countyprovider for businesses. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to invest in tenant improvements, computer equipment, and furniture and fixtures, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaSan Francisco, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool develops and car sharing service throughout Los Angeles Countymanufactures electronic muscle stimulation devices designed to treat muscle and skeletal pain in both home and clinical settings. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaHuntington Beach, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an is a manufacturer of premium acoustic and electric vehicle vanpool and car sharing service throughout Los Angeles Countyguitars. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to invest in manufacturing equipment, a manufacturing facility, and tenant improvements, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaEl Cajon, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a custom fit fabric sunshade manufacturer. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles manufacturing equipment, vehicles, and tenant improvements as part of its expansion in Los Angeles and Santa MonicaSan Marcos, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool aerospace components manufacturer that serves the commercial and car sharing service throughout Los Angeles Countymilitary sectors. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles tenant improvements and manufacturing and computer equipment as part of its expansion in Los Angeles and Santa MonicaEl Cajon, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool outpatient physical therapy and car sharing service throughout Los Angeles Countypersonal fitness clinic located in Irvine, California. In consideration for the Credit, Taxpayer agrees to invest in leasehold improvements, office furniture, computer equipment, and hire full-time employees and invest in electric vehicles as part of to support its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool entertainment marketing agency specializing in producing TV commercials and car sharing service throughout Los Angeles Countymovie trailers. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles office space, computer equipment, and tenant improvements as part of its expansion in Los Angeles and Santa MonicaAngeles, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates The Taxpayer, located in Woodland Hills, California, is an electric vehicle vanpool online provider of fiscal and car sharing service throughout Los Angeles Countyaccounting software solutions. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to invest in tenant improvements, acquisition of new facilities and computer equipment and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A “A” (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of fullFull-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the fullFull-time employees hired and retained within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer the taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a construction company that specializes in setting foundations for commercial construction projects. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles transportation and heavy equipment as part of its expansion in Los Angeles Rough and Santa MonicaReady, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool manufactures automobiles, commercial vehicles, and car sharing service throughout Los Angeles Countybuses. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles furniture and fixtures, office space, software licenses, and computer equipment as part of its expansion in Los Angeles and Santa MonicaSan Jose, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a craft brewery. In consideration for the Credit, Taxpayer agrees to hire full-full- time employees and invest in electric vehicles manufacturing equipment, computer equipment, furniture and fixtures, and a facility as part of its expansion in Los Angeles and Santa MonicaWindsor, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a full-service, 24/7 call center and car sharing information technology service throughout Los Angeles Countyprovider for industries including, telecommunications, media, and credit providers. Taxpayer has certified in its application that absent award of the CCTC, its project may occur in another state; and, it may terminate all or a portion of its employees in California or relocate all or a portion of its employees in California to another state. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment and software licenses as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyoffers appraisal services for companies considering the purchase or sale of manufacturing facilities. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool on-line publishing and car sharing service throughout Los Angeles Countyjob board company specializing in the healthcare industry. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment and software licenses as part of its expansion in Los Angeles and Santa MonicaHuntington Beach, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a data analytics software developer. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment, tenant improvements, patents, and software licenses as part of its expansion in Los Angeles and Santa Monica, a unknown location in California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a commercial truck and car sharing service throughout Los Angeles Countyequipment dealer specializing in repurposing vehicles. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles fleet vehicles, tools, and tenant improvements as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool engineering firm specializing in mechanical, electrical, computer, and car sharing service throughout Los Angeles Countycontrol engineering. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment and furniture and fixtures as part of its expansion in Los Angeles San Diego and Santa MonicaSunnyvale, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a financial planning firm that provides investment portfolio analysis and car sharing service throughout Los Angeles Countyretirement planning services. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, software, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaFolsom, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool manufactures sterilizing-grade filters and car sharing service throughout Los Angeles Countycontainers for pharmaceutical companies. In consideration for the Credit, Taxpayer agrees to invest in manufacturing and computer equipment and tenant improvements and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaCamarillo, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool offers pressure, voltage, and car sharing service throughout Los Angeles Countytemperature calibration and testing services and devices. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles and laboratory equipment as part of its expansion in Los Angeles and Santa MonicaWilmington, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool aerospace components manufacturer that serves the commercial and car sharing service throughout Los Angeles Countymilitary sectors. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles tenant improvements and manufacturing and computer equipment as part of its expansion in Los Angeles and Santa MonicaEl Cajon, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a textile and car sharing service throughout Los Angeles Countyapparel manufacturer that uses green technology and procures its raw materials in the United States. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles County and Santa MonicaSan Francisco, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool evaluates the design and car sharing service throughout Los Angeles Countyuser experience for both websites and products. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, furniture and fixtures, and tenant improvements as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool insurance and car sharing service throughout Los Angeles Countyfinancial services firm. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles vehicles, tenant improvements, and furniture and fixtures as part of its expansion in Los Angeles Imperial Beach and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool offers information technology services and car sharing service throughout Los Angeles Countytechnical support. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a healthcare management company that provides telehealth medical services to patients at their residence. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment as part of its expansion in Los Angeles and Santa MonicaEureka, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool provides personalized financial advice and car sharing service throughout Los Angeles Countyportfolio management. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, software licenses, office space, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaSan Leandro, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a manufacturer of security business checks. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles tenant improvements, manufacturing equipment, computer equipment, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaCanoga Park, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countydevelops a web-based human resource software program. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles office space, computer equipment, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaFolsom, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a full-service, 24/7 call center and car sharing information technology service throughout Los Angeles Countyprovider for industries including, telecommunications, media, and credit providers. Taxpayer has certified in its application that absent award of the CCTC, its project may occur in another state; and, it may terminate all or a portion of its employees in California or relocate all or a portion of its employees in California to another state. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment and software licenses as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is a general building construction and engineering firm. Taxpayer certified in its application that at least 75% of its net increase of full-time employees will work at last 75% of the time in Fresno County. Fresno County was an electric vehicle vanpool and car sharing service throughout Los Angeles Countyarea of high unemployment and/or high poverty at the time Taxpayer submitted its application. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles tenant improvements, furniture and fixtures, heavy equipment, vehicles, and computer equipment as part of its expansion in Los Angeles and Santa MonicaClovis, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a software developer specializing in administrative software for small businesses. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, software licenses, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaSan Francisco, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer designs and operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyonline job search engine. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles furniture and fixtures, tenant improvements, and computer equipment as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool installs solar power for both residential and car sharing service throughout Los Angeles Countycommercial customers. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to invest in new vehicles and computer equipment, and hire full-full- time employees and invest in electric vehicles as part of its expansion in Los Angeles Yuba City and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a financial planning firm that provides investment portfolio analysis and car sharing service throughout Los Angeles Countyretirement planning services. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment, software, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaFolsom, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool offers planning, civil engineering, and car sharing service throughout Los Angeles Countyland surveying services. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles construction equipment, vehicles, and computer equipment as part of its expansion in Los Angeles and Santa MonicaRoseville, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool Taxpayer, located in Fullerton, California, is a manufacturer and car sharing service throughout Los Angeles Countydistributer of baking and confectionary supplies. In consideration for the Credit, Taxpayer agrees to invest in computer equipment, office furniture, and hire full-time employees and invest in electric vehicles as part of to support its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a metal fabricator that specializes in designing and car sharing service throughout Los Angeles Countymanufacturing steel agricultural equipment and parts. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles manufacturing equipment, vehicles, and real property as part of its expansion in Los Angeles and Santa MonicaKingsburg, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool electrical distribution and car sharing service throughout Los Angeles Countycontrol systems manufacturer. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles manufacturing equipment, tenant improvements, and computer equipment as part of its expansion in Los Angeles and Santa MonicaFremont, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a manufacturer of organic baby food that uses a high pressure production process to improve taste and car sharing service throughout Los Angeles Countynutrition. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles manufacturing equipment and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a construction company that specializes in building and car sharing service throughout Los Angeles Countyremodeling restaurants. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles vehicles, furniture and fixtures, computer equipment, and office space as part of its expansion in Los Angeles and Santa MonicaSan Francisco, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool information technology firm that specializes in data feed analytics and car sharing service throughout Los Angeles Countyoptimization. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment as part of its expansion in Los Angeles and Santa MonicaWoodland Hills, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool accounting firm that primarily focuses on assisting small businesses with their taxes and car sharing service throughout Los Angeles Countyfinancial planning. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to invest in computer equipment and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaFolsom, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyprovides speech therapy services for children. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles tenant improvements, furniture and fixtures, computer equipment, and software as part of its expansion in Los Angeles and Santa MonicaFresno, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool provides a database platform for web and car sharing service throughout Los Angeles Countymobile applications that stores and manages data on servers in multiple locations. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaClara, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool offers equipment repair and car sharing service throughout Los Angeles Countyinstallation services to the biotech, pharmaceutical, and animal research industries. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaFontana, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer designs and operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyonline job search engine. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles furniture and fixtures, tenant improvements, and computer equipment as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a digital advertising and car sharing service throughout Los Angeles Countymarketing company specializing in developing and implementing customer acquisition programs for mid to large-sized businesses. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

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Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a healthcare management company that provides telehealth medical services to patients at their residence. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment as part of its expansion in Los Angeles and Santa MonicaEureka, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a data analytics software developer. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, tenant improvements, patents, and software licenses as part of its expansion in Los Angeles and Santa Monica, a unknown location in California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool and car sharing service throughout Los Angeles Countyengineering firm specializing in energy efficiency consulting services. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles tenant improvements and furniture and fixtures as part of its expansion in Los Angeles Oakland, Orange, and Santa MonicaLong Beach, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing is a full service throughout Los Angeles Countygeneral contractor. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, software licenses, vehicles, and tenant improvements as part of its expansion in Los Angeles and Santa MonicaRiverside, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool designs and car sharing service throughout Los Angeles Countymanufactures printed circuit boards and assemblies. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles building a manufacturing facility and research and development equipment as part of its expansion in Los Angeles and Santa MonicaCarlsbad, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countydevelops software for the healthcare industry. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles furniture and fixtures, software licenses, computer equipment, and tenant improvements as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a paper product manufacturer that specializes in disposable dinnerware. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles manufacturing equipment and tenant improvements as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an provides consulting services for the electric vehicle vanpool power, telecommunications, and car sharing service throughout Los Angeles Countyinformation technology industries. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to lease a new building in San Diego, California, purchase software and computer equipment, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool provides biological services and car sharing service throughout Los Angeles Countyanalyses that identify species, wetlands, and cultural resources for permitting requirements. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles office space as part of its expansion in Sacramento and Los Angeles and Santa MonicaAngeles, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a digital advertising and car sharing service throughout Los Angeles Countymarketing company specializing in developing and implementing customer acquisition programs for mid to large-sized businesses. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool develops and car sharing service throughout Los Angeles Countydesigns websites and mobile applications for local businesses. In consideration for the Credit, Taxpayer agrees to invest in computer equipment, office furniture, and tenant improvements, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool and car sharing service throughout Los Angeles Countymotorcycle manufacturer. In consideration for the Credit, Taxpayer agrees to invest in manufacturing and computer equipment, tenant improvements, software licenses, and vehicles, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaBrisbane, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool manufactures corrugated packaging products and car sharing service throughout Los Angeles Countyspecializes in the conversion of recycled containerboard into packaging products including corrugated boxes and commercial displays. In consideration for the Credit, Taxpayer agrees to open a corrugated package manufacturing facility in Santa Fe Springs, California. As part of its expansion into California, Taxpayer will invest in manufacturing equipment, software licenses and make tenant improvements at its Santa Fe Springs facility. Additionally, Taxpayer will hire full-time employees and invest in electric vehicles as part of its connection with this expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A “A” (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of fullFull-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the fullFull-time employees hired and retained within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer the taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool designs and car sharing service throughout Los Angeles Countymanufactures printed circuit boards and assemblies. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles building a manufacturing facility and research and development equipment as part of its expansion in Los Angeles and Santa MonicaCarlsbad, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a commercial logistics and car sharing service transportation provider serving companies throughout Los Angeles Countythe United States. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles office space, software, and office furniture as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a construction company specializing in the installation of underground utilities. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles vehicles, construction equipment, computer equipment, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an provides consulting services for the electric vehicle vanpool power, telecommunications, and car sharing service throughout Los Angeles Countyinformation technology industries. In consideration for the Credit, Taxpayer agrees to lease a new building in San Diego, California, purchase software and computer equipment, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool e-commerce advertising and car sharing communication service throughout Los Angeles Countyprovider. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles office space, office equipment, furniture and fixtures, and software licenses as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a medical clinical testing laboratory. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles laboratory instruments and furniture and fixtures as part of its expansion in Los Angeles Tustin and Santa MonicaAna, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool insurance and car sharing service throughout Los Angeles Countyfinancial services firm. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles vehicles, tenant improvements, and furniture and fixtures as part of its expansion in Los Angeles Imperial Beach and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool develops payment tracking and car sharing service throughout Los Angeles Countyprocessing software and platforms. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment, furniture and fixtures, tenant improvements, and a facility as part of its expansion in Los Angeles and Santa MonicaAngeles, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a financial services provider specializing in funding clean energy projects under California’s Property Assessed Clean Energy program. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles software and office space as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a data security company that specializes in providing technology for the secure analysis of sensitive information. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles computer equipment and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaBerkeley, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool tests portable wireless devices for compliance with US and car sharing service throughout Los Angeles CountyCanadian regulatory requirements. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles research and development equipment and tenant improvements as part of its expansion in Los Angeles San Xxxx and Santa MonicaMorgan Hill, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a construction contractor that specializes in major commercial and car sharing service throughout Los Angeles Countyindustrial projects, such as highways and bridges. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles construction equipment as part of its expansion in Los Angeles Sacramento and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a tax and car sharing service throughout Los Angeles Countyaccounting firm. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, software licenses, a vehicle, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaWhittier, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a construction company that specializes in building and car sharing service throughout Los Angeles Countyremodeling restaurants. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles vehicles, furniture and fixtures, computer equipment, and office space as part of its expansion in Los Angeles and Santa MonicaSan Francisco, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyis a custom metal fabrication shop specializing in crafting ornamental architectural elements. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles fleet vehicles, computer equipment, and manufacturing equipment as part of its expansion in Los Angeles and Santa MonicaOakland, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countymanufactures water based cremation systems. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric vehicles software, research and development equipment, patents, manufacturing equipment, and office space as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a contractor that specializes in residential landscapes and car sharing service throughout Los Angeles Countycustom concrete work. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to hire full-time employees and invest in electric concrete cutting equipment and vehicles as part of its expansion in Los Angeles and Santa MonicaRoseville, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a towing and car sharing service throughout Los Angeles Countycollision repair business. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric a facility, tenant improvements, manufacturing equipment, and vehicles as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool provides a database platform for web and car sharing service throughout Los Angeles Countymobile applications that stores and manages data on servers in multiple locations. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaClara, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool and car sharing service throughout Los Angeles Countyprovides DMV-approved online driver education courses. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles computer equipment, software licenses, office space, and furniture and fixtures as part of its expansion in Los Angeles and Santa MonicaGranite Bay, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is a computer and printer retailer, as well as, an electric vehicle vanpool and car sharing service throughout Los Angeles Countyelectronics recycler. In consideration for the Credit, Taxpayer Xxxxxxxx agrees to invest in computer equipment, furniture and fixtures, and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa MonicaSimi Valley, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a commercial logistics and car sharing service transportation provider serving companies throughout Los Angeles Countythe United States. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles office space, software, and office furniture as part of its expansion in Los Angeles and Santa MonicaSan Diego, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool and car sharing service throughout Los Angeles Countyairport runway lighting manufacturer. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles tenant improvements, computer equipment, and research and development equipment as part of its expansion in Los Angeles and Santa MonicaSacramento, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool Taxpayer, located in San Jose, California, manufactures equipment and car sharing service throughout Los Angeles Countysoftware for test xxxxxxxx that simulate various environmental conditions for a myriad of industries and products. In consideration for the Credit, Taxpayer agrees to purchase manufacturing equipment and hire full-time employees and invest in electric vehicles as part of its expansion in Los Angeles and Santa Monica, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates an electric vehicle vanpool is a residential remodeling and car sharing service throughout Los Angeles Countyconstruction company. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles a facility and drywall tools as part of its expansion in Los Angeles Tahoe City, Kings Beach, and Santa MonicaTruckee, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-full- time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

Project/Milestones. Taxpayer operates is an electric vehicle vanpool insurance company serving California businesses and car sharing service throughout Los Angeles Countyresidents. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in electric vehicles software licenses and office space as part of its expansion in San Diego, Los Angeles Angeles, and Santa MonicaSan Francisco, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” Taxpayer may use the salaries wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Salary Wage of California Full-time Employees Hired,” the salary wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

Appears in 1 contract

Samples: California Competes Tax Credit Allocation Agreement

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