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HomeMy WebLinkAboutCarl Cahill Amendment No. 11AMENDMENT NO. 11 TO EMPLOYMENT AGREEMENT WITH CARL CAHILL FOR CITY MANAGER SERVICES THIS AMENDMENT NO. 11 TO EMPLOYMENT AGREEMENT (this "Amendment") is made and entered into at Los Altos Hills, California, this d f day of June 2020 ("Effective Date"), by and between the TOWN OF LOS ALTOS HILLS, a municipal corporation, hereinafter sometimes referred to as the "TOWN," and CARL CAHILL, an individual, hereinafter referred to as "CAHILL." TOWN and CAHILL are hereinafter collectively referred to as the "Parties." Capitalized terms shall have the definitions set forth in the Agreement or as otherwise set forth herein. WITNESSETH: WHEREAS, TOWN and CAHILL entered into that certain Employment Agreement for City Manager services, dated June 22, 2006, and WHEREAS, in June of 2007, the Parties executed Amendment No. 1 to the Agreement; in June of 2008, the Parties executed Amendment No. 2 to the Agreement; in June of 2009, the Parties executed Amendment No. 3 to the Agreement; in April of 2010, the Parties executed Amendment No. 4 to the Agreement; in July of 2011, the Parties executed Amendment No. 5 to the Agreement; in September of 2012 the Parties executed Amendment No. 6 to the Agreement; in June of 2014, the Parties executed Amendment No. 7 to the Agreement; in July of 2015 the Parties executed Amendment No. 8 to the Agreement; in June of 2017, the Parties executed Amendment No. 9 to the Agreement; and in June of 2019, the Parties executed Amendment No. 10 to the Agreement; WHEREAS, the Parties wish to extend the term of CAHILL' S employment, as set forth below. NOW, THEREFORE, in consideration of the mutual promises, covenants and stipulations herein contained, the Parties agree to amend the Agreement as follows: AMENDMENT Section 2 (A) is hereby amended to read as follows: "The term of this Agreement shall be from June 23, 2006 through June 30, 2021. CAHILL agrees to remain in the exclusive employ of the TOWN until the effective date of termination set forth herein, and neither to accept other employment, nor to become employed by any other employer until effective date of termination set forth herein." 2. Section 3 is hereby amended, as of July 1, 2020, to read as follows: "Effective July 1, 2020 TOWN agrees to pay CAHILL for his services rendered pursuant hereto, an annual salary of two hundred twenty one thousand three hundred thirty two dollars ($221,332) payable in installments at the same time other employees of the TOWN are paid." 3. All other provisions of the Agreement shall remain in full force and effect. WHEREFORE, the Parties have executed this Amendment as of the Effective Date written above. TOWN OF LOS ALTOS HILLS, a municipal corporation Michelle Wu, Mayor ATTEST: APPROVED AS TO FORM: City Attorney 3540689.1 CAHILL CARL CAHILL, an individual -eA -0. , " - Carl Cahill