R96-121 AUTHORIZING AGREEMENT AND APPOINTING CITY MANAGER

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, the requirements and responsibilities of the position of City Manager, which hours sha11 not be less than forty(40) per week. 6. EMPLOYEE'S SALARY. Employee shall receive a salary at an annual rate of Ninety-Five Thousand Dollars ($95,000.00) for the period commencing as of the effective date hereof, and such salary shall be payable in bi-weekly installments as per the pay plan generally applicable to all City employees. Employee agrees to normal and customary withholding, and Employee hereby appoints irrevocably the City as his agent to report such compensation to federal and state taxing authorities as may be required by law. 7. VACATION LEAVE. Employee sha11 be entitled to twenty (20) days of paid vacation leave annually during the term of this Agreement. Unused vacation leave may be carried forward from one yeaz to the ne�at the discretion of Employee, however, notwithstanding anything to the contrary, it is agreed and understood that Employee shall take at least three (3)weeks (i.e., fifteen (15) days) of his vacation in any given calendar year. Any vacation leave accrued and remaining unused at the termination of this Agreement will be paid in cash to Employee, subject to customary withholdings, in an amount equal to the number of such unused vacation leave days multiplied by the Employee's salary as described in § 6 hereof, divided by Two Hundred Sixty(260). In no event sha11 more than twenty-five (25) days of unused vacation to be paid to Employee at ternunation. 8. SICK LEAVE. Employee sha11 be provided with One Hundred Five (105) days of sick leave for the first si�y (60)months of this Agreement. After the first sixty(60) months of this Agreement, Employee shall earn an additional one (1) day of sick leave for each month of service provided hereunder. However, the maximum amount of sick leave which may be accrued -3-