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<br />As a result of this project, Company shall create 12 permanent jobs of which at least 51%, or seven, <br />II be held by LMI persons prior to the expiration date of this contract. In the event more than 12 <br />i 'llanent jobs are created, Company shail ensure that at least 51 % of ail permanent jobs created, during <br />\.._ contract period, are held by LMI persons. Any employee transferring from another Company location or <br />related business operation must be identified and may not be considered as a created permanent job. If <br />Company's project is located in the ET J of the City of San Marcos, Company shall ensure that at least 70%, <br />or nine of the jobs created/retained for this project shall be held by residents of the City of San Marcos, <br />Texas. <br /> <br />RLF Contract <br /> <br />Page 18 <br />