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July (pdf) - New York Power Authority

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APPENDIX TO SCHEDULE B<br />

Base Employment Level<br />

In consideration of receiving the Allocation, the Customer agrees to attain a Base<br />

Employment Level of 2,567 persons at the Customer’s Facility within 3 years of<br />

commencement of Electric Service under the Agreement and to maintain such Base<br />

Employment Level thereafter for the term of the allocation in accordance with Article I of<br />

Schedule B. The Base Employment Level is derived from (1) a stipulation by the<br />

Customer that there exists 2,497 jobs at the Facility at the time of the award of the<br />

Allocation by the <strong>Authority</strong>, and (2) a commitment by the Customer to create 70 new<br />

jobs at the Facility.<br />

Capital Investment Level<br />

In consideration of receiving the Allocation, the Customer has made a capital investment<br />

of approximately $13.0 million in the Facility, adding a new 68,000 square foot corporate<br />

headquarters/ shared services building. The new building is designed to enable colocation<br />

of various administrative functions across the campus into one facility, freeing<br />

up space needed by manufacturing / operating business units.<br />

4

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