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0 G 0 <br />® EXHIBIT D <br />TO AGREEMENT BETWEEN <br />COUNTY OF LEE <br />AND <br />LEE COUNTY ECONOMIC DEVELOPMENT CORPORATION <br />DESCRIPTION OF PROJECT AND INCENTIVES <br />1. The Project: Development of a manufacturing facility owned by <br />Score Energy in Lee County on Tramway Road, Lee County, N.C. <br />The Company will develop a 180,000 square foot facility with <br />equipment and will have an additional initial ad valorem taxable value <br />(prior to depreciation) of at least $2,500,000.00 providing additional <br />employment when fully operational. <br />2. The Incentive: Estimated costs of the financial incentives for the <br />project are: <br />Site preparation $67,048.00 <br />Lee County's share $38,681.00 <br />City of Sanford's share $28,366.00 <br />This contract covers the County of Lee's share of the-incentives described <br />above. It is anticipated that the incentives will be paid out as follows: <br />FISCAL YEAR <br />AMOUNT <br />PAYMENT DATE <br />2010-2011 <br />$7,736.20 <br />January <br />15, 2011 <br />2011-2012 <br />$7,736.20 <br />January <br />15, 2012 <br />2012-2013 <br />$7,736.20 <br />January <br />15, 2013 <br />2013-2014 <br />$7,736.20 <br />January <br />15, 2014 <br />2014-2015 <br />$7,736.20 <br />January <br />15, 2015 <br />E <br />15 oP25 <br />