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2) A cash incentive payment in an amount equal to $10,000.00 will be distributed to Recipient by LPDC upon delivery to the LPDC of 1) proof of additional capital investment in the amount of $93,200.00 applied towards construction of the Building and related infrastructure and site work, exclusive of the cost to Recipient to purchase the existing vacant real estate tract at 116 S. Broadway Street, and 2) an employment roster evidencing that Battleground employs a minimum of five (5) full-time employees (or that number of part-time employees which are the equivalent of five (5) full--time at the Building site as of March 31, 2022. However, in no case will the $10,000.00 payment be made by LPDC if 1) proof of additional capital investment in the amount of $93,200.00 applied towards construction of the Building and related infrastructure and site work, exclusive of the cost to Recipient to purchase the existing vacant real estate tract at 116 S. Broadway Street, and 2) proof of the employment of a minimum of five (5) full-time equivalent positions as of March 31, 2022, is not delivered to and received by LPDC by April 30, 2022. Proof of employment, for purposes of this agreement, may be satisfied by submission to LPDC by the said April 30, 2022 deadline of a) copies of Battlegroun 941 Report to the Internal Revenue Service and C3 Report to the Texas Workforce Commission for each employee (but with social security numbers of each employee redacted) and b) a notarized statement executed by Recipient) affirming that a cumulative five (5) full-time equivalent positions are employed in positions permanently located at the Building site. In the case that 1) proof of additional capital investment in the amount of $93,200.00 applied towards construction of the Building and related infrastructure and site work, exclusive of the cost to Recipient to purchase the existing vacant real estate tract at 116 S. Broadway Street, and 2) proof of employment of five (5) full- time equivalent positions is presented to LPDC on or before said April 30, 2022, deadline, the LPDC shall convene a meeting of the LPDC Board of Directors for a date no later than forty-five (45) days after receipt of proof of 1) additional capital investment in the amount of $93,200.00 applied towards construction of the Building and related infrastructure and site work, exclusive of the cost to Recipient to purchase the existing vacant real estate tract at 116 S. Broadway Street, and 2) employment of five (5) full-time equivalent positions at the Building site by Recipient. Upon verification of additional capital investment in the amount of $93,200.00 applied towards construction of the Building and related infrastructure and site work, exclusive of the cost to Recipient to purchase the existing vacant real estate tract at 116 S. Broadway Street, and 2) employment of five (5) full-time equivalent positions, as reflected by formal vote of the LPDC 3