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' providing the Employee with $300 , 000 of individual term life <br /> insurance, in addition to any other insurance coverages provided <br /> herein and provided the Employee is insurable on a non-rated <br /> basis. <br /> 13 . ) HOLIDAYS. The Employee shall receive the same paid <br /> holidays as are afforded to other city officials. <br /> 14 . ) TERMINATION BY CITY. The City may terminate this <br /> Agreement at any time by appropriate action of the Council, <br /> passed in accordance with applicable laws. If the Employee is <br /> terminated while he is ready, willing, and able to perform the <br /> duties of City Manager, the City shall pay the Employee for any <br /> loss on his residence if the Employee sells the same and moves to <br /> another location outside of the City of Decatur, provided that <br /> said sale is within a reasonable period of time following said <br /> termination. <br /> 15 . ) TERMINATION BY EMPLOYEE. The Employee may terminate <br /> this Agreement at any time by giving thirty (30) days written <br /> notice to the City Clerk of such date of termination. <br /> 16 . ) RELOCATION ASSISTANCE. The Employee shall be <br /> reimbursed for all direct costs relating to the move of his <br /> current residence to his residence in Decatur, Illinois, plus <br /> closing costs associated with that move. The Employee shall move <br /> within the corporate limits of Decatur no later than December 31 , <br /> 1988 . <br /> 17 . ) SUPPORT FOR HOUSING OF EMPLOYEE WHILE EMPLOYED BY <br /> CITY. The City acknowledges the difficulty in obtaining new <br /> mortgage financing for the Employee' s residence which includes an <br /> interest rate at or near his present residential mortgage. The <br />