Orange County NC Website
7 <br /> . . <br /> EXHIBIT C - SCHEDULE OF PAYMENTS AND ADJUSTMENTS <br /> 1 . Rate . For the first period February 6 , 1990 through <br /> and including June 30 , 1990 , Employer shall pay HAI at a rate equal <br /> to the number of persons on Employer ' s payroll times one dollar and <br /> fifty-one cents ($ 1 . 51 ) per month . For the period July 1 , 1990 <br /> through and including June 30 , 1991 , Employer shall pay HAI at a <br /> rate equal to the number of persons on Employer' s payroll times one <br /> dollar and sixty-five cents ($ 1 . 65 ) per month . These total numbers <br /> shall include all designated personnel employed by Employer , <br /> including any who are absent for illness or injury or on leave of <br /> absence and any who are on lay-off with re-employment rights , or who <br /> are determined by Employer to qualify under COBRA. Commencing July <br /> 1 , 1991 , Employer shall pay HAI the "new rate" pursuant to the <br /> provisions of paragraph 3 of this Exhibit . Employer shall furnish <br /> HAI an employee count at the commencement of this Agreement and <br /> acain on July 1 , 1991 . Thereafter , Employer shall furnish HAI an <br /> employee count on every one-year anniversary ( i . e . , from July 1 , <br /> 1992 ) (the " contract anniversary" ) . <br /> 2 . Payments . Employer shall pay HAI quarterly_ in <br /> advance during the term of this Agreement . The initial payment by <br /> Employer to HAI shall be made February 6 , 1990 . <br /> 3 . Renegotiation of Rate . Prior to July 1 , 1991 , and <br /> thereafter, prior to each contract anniversary , HAI and Employer <br /> shall reach agreement as to a new rate of payment under this <br /> Agreement, to go into effect on that date . If no such agreement is <br /> reached by thirty ( 30 ) days after that date , then this Agreement <br /> shall terminate immediately . <br /> • <br /> 5 <br />