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FOURTH AMENDMENT TO CITY MANAGER EMPLOYMENT AGREEMENT <br />This FOURTH AMENDMENT to the EMPLOYMENT AGREEMENT dated August <br />24, 2015 between the City of Redwood City, a Charter City and Municipal Corporation of the <br />State of California ("City"), and Melissa Stevenson Diaz ("Employee") is entered into as of <br />the 14th day of October, 2019. <br />WHEREAS, in conformance with its performance review and compensation program <br />for its appointees, the City Council has evaluated salary survey data of comparable positions <br />in benchmark cities, and wishes to adjust Employee's salary and benefits accordingly as well <br />as acknowledge Employee's performance. <br />WHEREAS, it is now the mutual desire and intent of the parties to amend the <br />Agreement to increase Employee's annual salary to $303,864. <br />NOW THEREFORE, in consideration of the mutual covenants contained in the original <br />Agreement and as provided herein, the Agreement is AMENDED to read as follows: <br />1. Section 3 of the Agreement, entitled "Compensation & Benefits," is hereby <br />deleted and replaced with Section 3 below. <br />3. COMPENSATION & BENEFITS <br />A. Employee shall be paid three hundred three thousand eight hundred <br />sixty-four dollars ($303,864) per year, payable in installments at the <br />same time other City executive management employees are paid. <br />Hereafter, the City Council may adjust Employee's salary by <br />resolution. <br />B. The City Council shall conduct an annual evaluation each year and <br />may also conduct quarterly evaluations. The evaluation process <br />shall address goals and objectives set for the past twelve-month <br />period and establish goals and objectives for the upcoming 12 - <br />month period. The City Council shall provide employee with its <br />written comments, if any, during its annual evaluation of Employee, <br />and may discuss its evaluation with Employee. At the time of <br />evaluation, the City Council will consider performance-based salary <br />adjustments. The City Council shall also provide an informal mid- <br />year performance review of the Employee after her first six months <br />of employment. <br />C. Employee shall be entitled to the benefits specified in City of <br />Redwood City Executive Management Summary of Benefits (Dated <br />July 1, 2018), as it may be amended from time to time (amended <br />July 1, 2020), and which is attached hereto as Exhibit A and <br />incorporated herein by reference, except that Employee's annual <br />ATTY/AGR/EMPLOYMENT AGREEMENT/FOURTH AMENDMENT CITY MANAGER— DIAZ <br />REV: 06-17-2020 EI <br />Page 1 of 3 <br />