1999-037-INCENTIVE AGREEMENT, PARIS WAREHOUSE 107, WE-PACK LOGISTICS

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f. Date of substantial completion of the IMPROVEMENTS as defined in paragraph LB. hereof. 2. The PARTNERSHIP further agrees that it will provide CITY with an annual, sworn report which contains the following information: (a) the name of each original hiree in the newly created job, date of hire, and place of residence of the hiree, and (b) statement as to whether or not the eight (8) new, permanent jobs are still in existence and filled, and (c) the name of each current employee in the newly created job, date of hire, and place of residence of the hiree. Additionally, PARTNERSHIP shall certify, in writing, that it is in compliance with each applicable term of this agreement. II. Retention of Jobs After Expiration of Tax Abatement A. Retention PARTNERSHIP agrees that, for a period of three (3) years from and after the expiration of the Tax Abatement Agreement between H-W Commercial Warehouse, Inc., assigned to Paris Warehouse 107, Inc., dated April 13, 1998, it will not reduce, nor will it permit Paris Warehouse 107, Inc. to reduce, if applicable, below twenty-two (22) the number of permanent jobs created in consideration of the tax abatement. B. Annual Reporting The PARTNERSHIP agrees that it will provide CITY with an annual, sworn report which contains the following information: (a) the name of current employee in the retained job, date of hire, and place of residence of the hiree, and (b) statement as to whether or not the twenty-two (22) retained jobs are still in existence and filled. Additionally, PARTNERSHIP shall certify, in writing, that it is in compliance with each applicable term of this Section. III. Retention of Jobs at Warehouse Facility A. Retention PARTNERSHIP agrees that, for a period of ten (10) years from the date of this Agreement, it will not reduce below one hundred (100) the number of permanent jobs at the Paris warehouse facility located at 2300 13th Street S.W., Paris, Texas, for work to be performed substantially either (a) at the site of the warehouse facility, or (b) in support of operations performed by others at the site of the warehouse facility.