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<br />4) A cash incentive payment will be distributed to Recipient by <br />LPDC, if Recipient has not already received the cumulative total <br />of $200,000.00 through payments 2 and 3, in accordance with <br />this Agreement, in an amount that when added with all previous <br />payments does not exceed the cumulative total of $300,000.00, <br />upon delivery to the LPDC of a) an employment roster evidencing <br />that Recipient employs a minimum of thirty-five (35) full time and <br />fifty (50) part-time individuals as employees at the Restaurant site <br />as of December 31, 2019 and b) documentation evidencing <br />2019---December 31, 2019. The cash incentive payment made to <br />Recipient will be in an amount equal to that specified in one of the <br />relation to the overall generation of taxa <br />The basis of measurement will be the information drawn from <br />STARS Report, which is a quarterly published and provided to the <br />City of La Porte by MuniServices, Inc. <br /> <br /> a) If the amount of taxable retail sales independently <br />generated by the Pipeline Grill for the period January 1, 2019 - <br /> <br />December 31, 2019 is lessthan the increase in the aggregate <br />over the previous calendar year, then the incentive payment shall <br />be equal to two percent (2%) of the total taxable sales <br />independently generated by the Pipeline Grill. <br /> b) If the amount of taxable retail sales independently <br />generated by the Pipeline Grill for the period January 1, 2019 - <br />December 31, 2019 is equal to the increase in the aggregate <br />over the previous calendar year, then 2% of the total taxable <br />sales independently generated by the Pipeline Grill. <br /> c) If the amount of taxable retail sales independently <br />generated by the Pipeline Grill for the period January 1, 2019 - <br />December 31, 2019 is greater than the increase in the aggregate <br />n La Porte <br />over the previous calendar year, then 2% of increase in the <br />in La Porte over the previous calendar year. <br /> <br />However, in no case will the cash incentive payment be made by <br />LPDC if proof of the employment of a minimum of thirty-five (35) <br />full time and fifty (50) part-time personnel is not received by the <br />LPDC as of December 31, 2019. Proof of employment, for <br />purposes of this agreement, may be required by submission to <br />LPDC by the said December 31, 2019 deadline, of a) copies of <br />Report to the Texas Workforce Commission for each employee <br />(but with social security numbers of each employee redacted) and <br /> 5 <br /> <br />