TEXAS INSTRUMENTS INCORPORATED

Agreement 0005208, filed with the Texas Comptroller by GRAYSON COUNTY, TEXAS.

350permanent jobs committed

90%of completed Phase I Improvements and Phase I Tangible Personal Property abated

The obligation

What the contract requires.

“350 January 1 of the tenth year in which an Ad Valorem Grant is payable”Executed agreement, p. 4

The repayment remedy

What happens if it is not met.

“then TI wiil refund to the County the portion of such Grant which TI received based upon such statement or information within thirty (30) days after receipt of written demand by the County”Executed agreement, p. 5

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · completed Phase I Improvements and Phase I Tangible Personal Property · p. 2

What was abated, and for how long.

ninety percent (90%)twenty (20) consecutive calendar years

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	GRAYSON COUNTY, TEXASGRAYSON COUNTY, TEXAS, a political subdivision of the State of Texas (the “County”)	1
Contracting entity	TEXAS INSTRUMENTS INCORPORATEDTEXAS INSTRUMENTS INCORPORATED, 2 Delaware corporation (“TI”)	1
Parent / guarantor	Not stated in the agreement	—
Instrument	economic development grantsthe County will provide economic development grants (each a “Grant”) to TI as follows	2
Governing chapter	Chapter 381, Local Government Code<<<PAGE 1>>> CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT This Agreement (the Agreement”) is entered into as of the _/¢ day of vi 2021 (the “Effective Date”), by and between GRAYSON COUNTY, TEXAS, a political subdivision of the State of Texas (the “County”), and TEXAS INSTRUMENTS INCORPORATED, 2 Delaware corporation (“TI”).	—
Capital investment	Not stated in the agreement	—
Grant or incentive	Not stated in the agreement	—
Jobs committed	350350 January 1 of the tenth year in which an Ad Valorem Grant is payable	4
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	approximately 560 acreapproximately 560 acre parcel at 6412 US-75, Sherman, TX 75090	1
Performance deadline	Not stated in the agreement	—
Expiration	Not stated in the agreement	—
Effective date	15 day of November 2021This Agreement (the “Agreement”) is entered into as of the 1S day of Novem bef, 2021 (the “Effective Date”)	58
Signatory	Rafael LizardiName: Rafael Lizardi	11
Chain status	Terminal document — no later agreement in the registry names this one as its predecessor	—

How to check this page

Every line above is in the contract.

Agreement 0005208 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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