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2. TERM. <br /> The term of this Agreement shall be from the Effective Date and shall remain in effect <br /> until terminated by either party in accordance with this Agreement. <br /> 3. COMPENSATION & BENEFITS <br /> A. Employee shall be paid two hundred and twenty-five thousand dollars <br /> ($225,000) per year, payable in installments at the same time other City <br /> executive management employees are paid. Hereafter, the City Council may <br /> adjust Employee's salary by resolution. <br /> B. The City Council shall conduct an annual evaluation each year and may also <br /> conduct quarterly evaluations. The evaluation process shall address goals and <br /> objectives set for the past twelve-month period and establish goals and <br /> objectives for the upcoming 12-month period. The City Council shall provide <br /> Employee with its written comments, if any, during its annual evaluation of <br /> Employee, and may discuss its evaluation with Employee. At the time of the <br /> evaluation, the City Council will consider performance-based salary <br /> adjustments. The City Council shall also provide an informal mid-year <br /> performance review of the Employee after her first six months of employment. <br /> C. Employee shall be entitled to the benefits specified in City of Redwood City <br /> Executive Management Summary of Benefits (Dated December, 2015), as it <br /> may be amended from time to time. Vacation accrual shall continue at the rate <br /> of one hundred and sixty(160)hours annually and shall increase in accordance <br /> with the schedule set forth in the Executive Management Summary of Benefits. <br /> Vacation shall not be accumulated in excess of two (2) years of accrued <br /> vacation leave computed to the 31St of December, except upon written <br /> authorization of the City Council. <br /> D. The City Council agrees to budget for and pay Employee's annual California <br /> State Bar Association dues. The City Council also agrees to budget for and pay <br /> the professional dues, subscriptions, courses, institutes, seminars and travel <br /> expenses of Employee for participation in professional activities required by <br /> law or authorized by City Council. To the extent provided for in the City's <br /> annual budget, the City Council encourages Employee to attain positions of <br /> leadership in national, state, regional and local associations and organizations <br /> relevant to Employee's profession. Subject to budgetary limitations imposed by <br /> the City Council, the City Council agrees to pay for travel and subsistence <br /> expenses necessary to discharge Employee's official duties for such <br /> associations and organizations. <br /> 4. RESIGNATION & TERMINATION <br /> ATTY/AGR/EMPLOYMENT AGREEMENT/VERONICA RAMIREZ <br /> REV:08-22-16 MK <br /> Page 2 of 7 <br />