Laserfiche WebLink
i <br /> . � <br /> � <br /> EXHIBIT"C" � <br /> ; <br /> � <br /> CYTY OF DECATUR � <br /> EMPL4YMENT AGREEMENT OF C�TY MANAGER � <br /> Compensation and Benefzt Policy � <br /> The foilowing is City's Compensation and Benefit Policy(Policy) for Scot Wrighton for <br /> City Manager and is incorporated into the preceding Employrnent Agre�ment af City Manager <br /> for Ciry of Decatur, Illinais. � <br /> i <br /> A. Compensation. ', <br /> 1. Salary. City Manager sha11 receive a salary at an�nnual rate of One Hundred <br /> Eighty-Five Thousand Dollars ($185,000.00)commencing on the Effective Date af the <br /> Agreemen.t; and such salary shall be payable in semi-mo��thly installments equalized in <br /> accordance with the pay plan applicable to City employees, <br /> 2. SeveNance. Tf Agreement is terminated by City withoait cause or by City Managar <br /> for cause as providad in the Agreement,City shall pay monthly severance to City Manager for <br /> twenty{20)weeks equal to City Manager's most recent monthly salary, following City's receipt <br /> of an executed release,binding upon City Managex and releasing and waiving aay and all claizxzs, <br /> actioz�s, demands, causes of action and/ox dezx�ands against City,Mayor, any member of Council, <br /> or any other person for whom City will have liability for acts or omissions. Release will be in a <br /> farm acceptable to City. The severance benefit shall expire five{5)years af�er the Effective <br /> Date of the Agreement unless the parties agree to entar inta a written arr�endment that <br /> specifically extands this severance benefit. � <br /> 3. Finczl Compensation. Nothing contained h�rein shall releasa City from <br /> compensation owed to City Manager in accordance with the laws of the State of Illinois, <br /> znch�ding any final paychecic, acerued benefits and connpensation for accrued but unused <br /> vacation days as provided in City palicies, Final compensation, as defined herein,shall be in <br /> addition to any severance payment that may be required by this�greement. <br /> B. Benefits. <br /> 1. T�acations. Tl�e length of City Manager's annual vacations shall be: <br /> (a) Tmmediately after the Effective Dat�City Manager shall have twenty(20) <br /> vacation days. City Manager shall earn twenty-five(25)ldditional vacation days on each � <br /> �nniversary thereafter. a <br /> � <br /> (b) Upon 30-day advance notice to Mayor and Council, City Nlanager, at h�zs ; <br /> option, may earry one weetc of untalcen vacation from one year to next, City Manager i <br /> � <br /> acicnowledges receipt of the City Personal Policy and sha11 abide by all other terms in the policy <br /> ! <br /> J�nuary 6,2019 i <br /> Pagc t o1'3 � <br />