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business day of each year. The Company will be responsible <br /> for the 1989 $75, 000. 00 payment as required by the Fran- • <br /> chise. No subsequent annual $75, 000. 00 payments as required <br /> by the Franchise shall be required from the Company so long <br /> as this Agreement is in effect. <br /> 8. In 1990, the Company shall pay the Commission or its <br /> designee $450, 000 in equal quarterly installments commencing <br /> the first business day of 1990 pro rated from the effective <br /> date of this Resolution for the remainder of 1990. Commenc- <br /> ing the first business day of 1991, and on the first <br /> business day of each year thereafter, continuing to the end <br /> of the franchise term and any renewals thereof, the annual <br /> contribution paid quarterly shall be the previous year's <br /> total contribution, increased by the Consumer Price Index <br /> for Minneapolis-St. Paul for the year ending December 31 • <br /> prior to the payment of the first business day of the year, <br /> as published by the U. S. Bureau of Labor Statistics or an <br /> escalator as described below, whichever is greater. Even <br /> though a pro rata payment is to be made in 1990, the <br /> "previous year's total contribution" for the purpose of <br /> escalation in 1991 shall be $450, 000, as if the entire <br /> amount had been paid in 1990. The escalator shall be five <br /> percent (5%) of the previous annual payment so long as the <br /> Company's gross revenue increase for the year ending <br /> December 31 before the payment of the first business day of <br /> the year was thirteen percent (13%) or less. If the <br /> 6 <br />