Sysgration America Corporation

Agreement 0012557, filed with the Texas Comptroller by City of Plano, Texas.

$16,000,000.00committed capital investment

$2,403,975.00grant or incentive

152permanent jobs committed

December 31, 2028performance deadline

The obligation

What the contract requires.

“By December 31, 2028, create or transfer at least 124 Full-Time Job Equivalents”Executed agreement, p. 3

“transfer or create and maintain up to 152 Full-Time Job Equivalents”Executed agreement, p. 1

“real property improvements that have a minimum value of $16,000,000.00”Executed agreement, p. 1

The repayment remedy

What happens if it is not met.

“If any Event of Default, excluding an Event of Default under Section 4.03(a)(5) and (a)(6), occurs after Grant funds have been paid to the Company by the City, then Company shall repay to the City all Grant funds paid to it within thirty (30) days of written notice of default from the City.”Executed agreement, p. 6

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

What was abated, and for how long.

—May 31, 2026

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	City of Plano, Texasthe City of Plano, Texas (“City”),	1
Contracting entity	Sysgration America CorporationSysgration America Corporation, a Texas corporation (“Company”),	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Economic Development Incentive AgreementThis Economic Development Incentive Agreement	1
Governing chapter	Chapter 380, Local Government CodeGov’T CoDE §380.001 et seq.	—
Capital investment	$16,000,000.00real property improvements that have a minimum value of $16,000,000.00	1
Grant or incentive	$2,403,975.00a grant of up to $2,403,975.00	2
Jobs committed	152transfer or create and maintain up to 152 Full-Time Job Equivalents	1
Wage requirement	Not stated in the agreement	—
Square footage	98,000Occupy a minimum of 98,000 square feet of office space	1
Acreage	Not stated in the agreement	—
Performance deadline	December 31, 2028By December 31, 2028, create or transfer at least 124 Full-Time Job Equivalents	3
Expiration	May 31, 2036The term of this Agreement shall begin on the Commencement Date and continue for ten (10) years thereafter	3
Effective date	September 8, 2025Date: September 8, 2025	12
Signatory	Mark I-Ren LeeName: Mark I-Ren Lee	12
Chain status	Superseded by agreement 0013974	—

How to check this page

Every line above is in the contract.

Agreement 0012557 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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