Laserfiche WebLink
• • <br /> AMENDMENT NO. 2 <br /> TO CITY MANAGER EMPLOYMENT AGREEMENT <br /> THIS AMENDMENT NO. 2 is made and entered into effective March 1, 2003 as <br /> an amendment to the City Manager Employment Agreement dated February 15, 2001 <br /> ("Agreement"), by and between the Town of Los Altos Hills ("Town") and Maureen <br /> Cassingham"). <br /> RECITALS <br /> A. The Town and Cassingham entered into the Agreement to set forth the <br /> terms and conditions by which Cassingham serves as City Manager for the Town. <br /> B. The Town now desires to amend the Agreement to increase <br /> Cassingham's Base Salary, to increase the number of administrative leave days <br /> available to Cassingham during the calendar year, and to grant Cassingham an <br /> extension of certain employment benefits for three months following her termination <br /> date, if she is terminated not for cause. <br /> AGREEMENT <br /> NOW, THEREFORE, in consideration of their mutual covenants, Town and <br /> Cassingham do hereby agree as follows: <br /> 1. Base Salary. The Base Salary set out in Paragraph 3 of the Agreement is <br /> hereby amended to be One Hundred Twenty-One Thousand Three Hundred Fifty-Nine <br /> Dollars and Forty Cents ($121,359.40) per year. <br /> 2. Increase in Administrative Leave. The first sentence of Paragraph 4.6 <br /> ("Administrative Leave") of the Agreement is hereby amended to read as follows: <br /> "Cassingham shall receive ten (10) days of administrative leave <br /> per calendar year." <br /> 3. Severance Benefit. Paragraph 7.3 ("Severance") of the Agreement is <br /> hereby amended to read as follows: <br /> "7.3 Severance. <br /> a. Termination Not for Cause. Where termination of <br /> Cassingham's employment is not for cause, <br /> Cassingham shall receive the Severance Payment <br /> and the Severance Benefit as provided in this <br /> Paragraph 7.3. Cassingham is entitled to no other <br /> payment or benefit upon such termination. <br />