NDAC 27-04-01-06
Final agreement
Cite as N.D. Admin. Code ยง 27-04-01-06
Job service North Dakota shall enter into a final agreement with the business within ninety days of
the commencement date of the preliminary agreement. The final agreement must contain the following
provisions:
1.
The starting date and ending date of the training.
2.
The length of time each job category will be provided training.
3.
The number of new job slots to be created and the number of new jobs to be trained.
4.
A repayment schedule outlining all principal and interest payments to be made during the
repayment period.
5.
Default provisions that are consistent with these rules.
6.
A provision specifying that, upon occurrence of an event of default, the business is ineligible
for state income tax withholding credit and shall immediately remit payment in full to satisfy the
remaining debt service.