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• • <br /> AMENDMENT NO. 2 TO <br /> EMPLOYMENT AGREEMENT WITH <br /> CARL CAHILL FOR CITY MANAGER SERVICES <br /> THIS AMENDMENT is made and entered into at Los Altos Hills, California,this <br /> 11th day of June, 2008, by and between the TOWN OF LOS ALTOS HILLS, a <br /> municipal corporation, hereinafter sometimes referred to as the "TOWN," and CARL <br /> CAHILL, an individual, hereinafter referred to as "CAHILL." <br /> WITNESSETH: <br /> WHEREAS, TOWN and CAHILL (collectively"the Parties") are parties to that <br /> certain Employment Agreement for City Manager Services, dated June 22, 2006 <br /> ("Agreement"); and <br /> WHEREAS, in June of 2007,the Parties executed Amendment No. 1 to the <br /> Agreement; and <br /> WHEREAS, the Agreement is due to expire June 30, 2008 and the Parties desire <br /> to execute Amendment No. 2 to the Agreement to extend the term of CAHILL's <br /> employment; and <br /> WHEREAS, the Parties further wish to increase the amount of compensation set <br /> forth in the Agreement, and the Parties now desire to amend the Agreement to reflect the <br /> increased compensation amount. <br /> NOW, THEREFORE, in consideration of the mutual promises, covenants and <br /> stipulations herein contained, the parties hereto agree as follows: <br /> AMENDMENT <br /> 1. The term of the Agreement set forth in Section 2 (A) shall be extended through June <br /> 30, 2009. <br /> 2. The annual salary set forth in Section 3 shall be increased to $168,100 effective July <br /> 1, 2008. <br /> 3. All other provisions of the Agreement shall remain in full force and effect. <br /> [SIGNATURE PAGE FOLLOWS] <br />