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11/22/2010 2. TERM. (a) The term of this Agreement shall be from the Effective Date and ending on the date on which a new City Manager commences employment with the City, unless terminated earlier by either party in accordance with the provisions set forth in Paragraph 3 or by the event of the death or permanent disability of Employee. (b) Employee agrees to remain in the exclusive employ of City during the term of this Agreement and not to be otherwise employed during the term of this Agreement except for part-time teaching or as otherwise allowed by the City Council in writing. 3. RESIGNATION AND TERMINATION. (a) Nothing in this Agreement shall prevent, limit or otherwise interfere with the right of Employee to resign at any time from his position as Interim City Manager of City. Employee may terminate this Agreement by submitting written notice of his resignation to City. Employee shall give the City thirty (30) days written notice of his intention to resign. (b) Employee serves at the pleasure of the City and nothing herein shall be taken to prevent, limit or otherwise interfere with the right of the City to terminate the services of Employee as Interim City Manager with or without cause. There is no express or implied promise made to Employee for any form of continued employment as the Interim City Manager. (c) In the event the City requests Employee to resign from his position as Interim City Manager, or the Employee chooses to do so, the Employee shall have the option of returning to his position as Human Resource Director at the same terms and conditions of employment that Employee received prior to the effective date of this Agreement, including any cost of living adjustments normally received during Employee's tenure as Interim City Manager. (d) Section 21 of the City Charter requiring a supermajority to terminate the permanent City Manager does not apply to this interim appointment. 4. COMPENSATION AND BENEFITS. (a) City agrees to pay Employee for his services rendered pursuant hereto as Interim City Manager a monthly salary of $16,181.58, payable in installments at the same time as other employees of the City are paid.. (b) City will provide Employee with the same holidays, sick leave and long term disability benefits, retirement benefits, insurance benefits including but not limited to life, health and dental coverage, vacation and administrative leave in the same manner provided to him as Human Resource Director. 21Pa_*e AT T Y 1 AGR /201 a 127 /EXIIIIi I TA #15064 MUFF # 903