Community Contributions Clause Samples

Community Contributions. “Net Win from Gaming Stations” as used in Section III.F of the Compact shall include Net Win from ETGs.

Community Contributions. Cogentrix CG agrees that it shall cause the General Partner of the Partnership in good faith to work to establish a program whereby the Partnership shall apply funds representing the annual difference between (i) $500,000 and (ii) the (x) real estate taxes, (y) personal property taxes and (z) sales taxes which may be levied upon any construction equipment purchased under the Second Amended and Restated Turnkey Construction Agreement dated as of April 11, 1995 between the Partnership and Westinghouse Electric Corporation, as amended (all as may be due and payable by the Partnership), towards certain expenditures or projects which inure to the good of the local Cottage Grove community. TPC hereby acknowledges and agrees that the establishment of such a program is within the authority of the General Partner of the Partnership, does not require any consent of TPC under the Partnership Agreement and TPC does not have, and hereby waives, the right to make any objections or require consent in the future with respect thereto.

Community Contributions. The purpose of the Community Contribution is (1) to enhance the ability of the City and the N/NE Portland community to provide and support qualified Inner NE Portland employees to the Company and/or (2) to enhance the ability of N/NE small businesses to be competitive suppliers to the Company and other firms. The factors that determine whether Company will make a monetary Community Contribution and the method of calculating such a Contribution are set forth as follows: 3.10.1. If Company’s “Net Tax Effect” becomes greater than $10,000 per Hiring Credit earned by Company, a Community Contribution will be due and payable to PDC. Company shall make the payment within 90 days of its receipt of an invoice unless otherwise agreed by the parties. Late Contribution payments will be subject to a 1% per month penalty. 3.10.2. PDC and Company currently estimate that Company will owe a Community Contribution in the total amount of $0 as detailed in the attached Exhibit C, and that the Contribution will become due and payable during the tax abatement period according to the payment schedule in Exhibit C. 3.10.3. At the end of the tax abatement period, PDC’s Zone Manager will determine the total number of Hiring Credits earned by the Company during the period from Pre-Certification to the end of the tax abatement period; and the final Net Tax Effect of the project. The final number of Hiring Credits will include regular full-time hiring in the last six months of the last tax abatement year for employees that complete company probation periods and are still employed as of the fourth month of the first tax year following the tax abatement period. The discount rate for computing the final Net Tax Effect calculation will be 6.1%. (The discount rate is used to adjust the net local tax impact to 2006 dollars).

Community Contributions. In addition to the payments associated with Maintenance Costs and Usage Rent, Team shall make the following community contributions (“Community Contributions”):

Community Contributions. The purpose of the Community Contribution is (1) to enhance the ability of the City and the N/NE Portland community to provide and support qualified Inner NE Portland employees to the Company and/or (2) to enhance the ability of N/NE small businesses to be competitive suppliers to the Company and other firms. The factors that determine whether Company will make a monetary 3.10.1. If Company’s “Net Tax Effect” becomes greater than $10,000 per Hiring Credit earned by Company, a Community Contribution will be due and payable to PDC. Company shall make the payment within 90 days of its receipt of an invoice unless otherwise agreed by the parties. Late Contribution payments will be subject to a 1% per month penalty. 3.10.2. PDC and Company currently estimate that Company will owe a Community Contribution in the total amount of $0 as detailed in the attached Exhibit C, and that the Contribution will become due and payable during the tax abatement period according to the payment schedule in Exhibit C. 3.10.3. At the end of the tax abatement period, PDC’s Zone Manager will determine the total number of Hiring Credits earned by the Company during the period from Pre-Certification to the end of the tax abatement period; and the final Net Tax Effect of the project. The final number of Hiring Credits will include regular full-time hiring in the last six months of the last tax abatement year for employees that complete company probation periods and are still employed as of the fourth month of the first tax year following the tax abatement period. The discount rate for computing the final Net Tax Effect calculation will be 6.1%. (The discount rate is used to adjust the net local tax impact to 2006 dollars).

Community Contributions. RELEAF agrees that it will make annual contributions to Town and private non-profit charitable causes based in the Town (the “Community Contributions”). The first year of Community Contributions shall be made on or before the first anniversary of the Commencement of Operations at the Facility and shall total One Hundred Thousand Dollars ($100,000). Subsequent annual Community Contributions shall be made on or before each ensuing anniversary of the commencement of retail sales at the Facility. The Community Contributions shall be donated at the discretion of RELEAF to Town and non-profit charitable causes based in Natick. RELEAF shall make a good faith effort to provide Community Contributions to charities which have a primary focus on public health, education and substance abuse treatment and prevention. If, in any given year, RELEAF is unable to identify charities with a focus on public health, education or substance abuse treatment and prevention, to which to make the Community Contributions, it shall apprise the Town of all efforts taken to do so and shall inform the Town of the charities to which it intends to make the Community Contributions for that year.

Community Contributions. “Gross Gaming Revenue from the Class III table games” as used in Section XIV.C.1 of the Compact shall include Gross Gaming Revenue from ETGs.

Community Contributions. The Contractor shall provide financial contributions and in-kind services to support City- sponsored events, local educational institutions, and non-profit organizations in their efforts to improve the local community. The City and the Contractor shall work together to identify mutually acceptable projects that the Contractor shall support with cash or in-kind contributions. The Contractor will directly distribute funds annually to: Delray Beach Public Schools - $35,000 total Banyan Creek Elementary School - $5,000 ▇▇▇▇▇▇ Middle School - $5,000 Orchard View Elementary School - $5,000 Pine Grove Elementary School - $5,000 Plumosa School of the Arts - $5,000 S.D. ▇▇▇▇▇ Montessori Elementary School - $5,000 Village Academy Elementary School - $5,000 Delray Beach Chamber of Commerce - $10,000 Delray Beach Public Library - $2,500 The Contractor shall remit the remainder of the Community Contribution funds to the City of Delray Beach, as a single payment, who will be responsible for utilizing these funds earmarked for City- sponsored events or activities such as:

Community Contributions. The terms in section 6.1 also apply to any contributions made by members of the wider community who are not directly covered by this Agreement. JustDo shall maintain appropriate contribution guidelines to ensure that all contributors understand and agree to these terms.