Orange County NC Website
34 <br /> Outline of Performance Based Incentives ' ORANGE COUNTY <br /> 4, ECONOMIC DEVELOPMENT <br /> (on a $4 million dollar incentive) NORTH CAROLINA <br /> Wegmans will maintain employment consistent <br /> with the job chart below during the term of the <br /> incentive agreement. The award is calculated at <br /> 25% of the total incentive based on job creation. <br /> If the employment target is not achieved, the <br /> incentive payment will be reduced proportionally. <br /> FRI Employment Projections <br /> 1 St Year 2nd Year 3rd Year 4t" Year 5t" Year <br /> Full Time Jobs 185 185 185 185 185 <br /> Part Time Jobs 250 287 325 350 413 <br /> (Approximate) <br /> TOTAL (Full Time 285 300 315 325 350 <br /> Equivalent) <br />