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to complete the Grant Payments due under this Agreement for shall continue until satisfied, subject <br />to the limitations of this Agreement. <br />ARTICLE III <br />COMPANY'S OBLIGATIONS <br />Section 3.01. Operation of Business. Company shall begin operation of the Business on <br />the Project Site after January 1, 2017, but before June 30, 2018, and shall continuously operate, <br />maintain and manage the Business for the duration of the Term. The Company further agrees to <br />commence the initial construction necessary for the commencement of the operation of the <br />Business on the Project Site prior to December 31, 2017, and thereafter diligently pursue <br />completion of such construction. <br />Section 3.02. Job Creation. Simultaneously with the actual commencement of the <br />operation of the Business on the Project Site as provided by Section 3.01 above, Company shall <br />employ at least the number of persons in Jobs as set forth on the schedule attached hereto as <br />Exhibit "D" (the "Minimum Jobs Requirement") and maintain such level of employment during <br />the Term. Company agrees that it will maintain, and shall use commercially reasonable efforts to <br />enforce, employment policies that prohibit unlawful discrimination from occurring in the creation <br />of Jobs on the basis of race, creed, color, national origin, sex or disability or other characteristics <br />for which protection is available under applicable local, state and federal anti -discrimination laws. <br />Section 3.03. Compliance with Laws. In performing its obligations under this Article, <br />Company shall comply with all applicable laws, regulations and ordinances. <br />ARTICLE IV <br />GRANT PAYMENTS FROM THE CITY <br />I <br />