As used in this chapter, "high growth company with high skilled jobs" means a company that satisfies all the following conditions:

1. (1) The company:

   1. (A) had at least a fifteen percent (15%) average annual growth in company earnings during the past three (3) years;
   2. (B) is entering a new product or process area; or
   3. (C) is classified in an industry that had at least a fifteen percent (15%) average annual growth in earnings during the past three
   4. (3) years.

2. (2) The company has a substantial number of employees in jobs:

   1. (A) requiring postsecondary education or its equivalent; or
   2. (B) that are in occupational codes classified as high skill by the Bureau of Labor Statistics, United States Department of Labor.
3. (3) The company has a substantial number of employees that earn at least one hundred fifty percent (150%) of Indiana per capita personal income.

As added by P.L.162-2007, SEC.25.