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Tax Abatement for Real Property; Creation of Jobs <br />For Paris Warehouse 107, Inc. (WePack) <br />Exhibit A <br />Year <br />1 <br />'Annual*- <br />Abatement <br />~chedule** <br />Abaternent% <br />80.0% <br />i A.. <br />$ 3,150,000.00 <br />$ <br />Amount' <br />2,520,000.0~ <br />2 <br />100% <br />80.0% <br />$ <br />3,150,00 -0 00.0-00 <br />$ <br />2,520,000.00 <br />3 <br />100°/a <br />80.0% <br />$ <br />3,150,000.00 <br />$ <br />2,520,000.00 <br />4 <br />80% <br />64.0% <br />$ <br />3,150,000.00 <br />$ <br />2,016,000.00 <br />5 <br />60% <br />48.0% <br />$ <br />3,150,000.00 <br />$ <br />1,512,000.00 <br />6 <br />40% <br />32.0% <br />$ <br />3,150,000.00 <br />$ <br />1,008,000.00 <br />7 <br />20% <br />16.0% <br />$ <br />3,150,000.00 <br />$ <br />504,000.00 <br />8* <br />0% <br />0.0% <br />$ <br />3,150,000.00 <br />$ <br />- <br />* Starting the 8th year the company wiil pay 100% of their taxes. <br />This schedule shows how the original abatement % is affected for a <br />specific year. (Example: During the first 3 years the company will receive <br />100% of the original abatement percentage. In year 4the company wili <br />receive SO% of the original abatement percentage.) <br />. U0018.1L <br />..1 . . . . ....T....._ ._._.,......T._.. . <br />