HomeMy WebLinkAbout11-04 • •
RESOLUTION NO. 11-04
RESOLUTION OF THE TOWN OF LOS ALTOS HILLS APPROVING AND
AUTHORIZING EXECUTION OF AMENDMENT NO. 3 TO THE CITY MANAGER
EMPLOYMENT AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND
MAUREEN CASSINGHAM
WHEREAS, the City Council of the Town of Los Altos Hills has read and
considered that certain Amendment No. 3 to the City Manager Employment Agreement
("Amendment") between the Town and Maureen Cassingham;
NOW, THEREFORE, the City Council of the Town does RESOLVE as follows:
The Town of Los Altos Hills hereby approves the Amendment and the Mayor is
hereby authorized on behalf of the Town to execute the Amendment between the Town
of Los Altos Hills and Maureen Cassingham. PIA-E4.44
PASSED AND ADOPTED this�' 644
day of , 2004.
By:
ayor 1
ATTE T:
.
City Clerk
683932-1
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AMENDMENT NO. 3
TO CITY MANAGER EMPLOYMENT AGREEMENT
THIS AMENDMENT NO. 3 is made and entered into effective March18, 2004 as
an amendment to the City Manager Employment Agreement dated February 15, 2001
("Agreement"), by and between the Town of Los Altos Hills ("Town") and Maureen
Cassingham").
RECITALS
A. The Town and Cassingham entered into the Agreement to set forth the
terms and conditions by which Cassingham serves as City Manager for the Town.
B. The Town now desires to amend the Agreement to grant Cassingham an
extension of certain employment benefits for six months following her termination date,
if she is terminated not for cause.
AGREEMENT
NOW, THEREFORE, in consideration of their mutual covenants, Town and
Cassingham do hereby agree as follows:
1. Subsections [b] and [c] of Section 7.3 of the Agreement related to
Severance are hereby amended to read as follows:
"7.3 Severance.
b. Severance Payment. The Severance Payment shall
consist of an amount equal to six (6) months of Base
Salary. The Severance Payment shall be delivered to
Cassingham in full within ten (10) days of Cassingham's
termination date. Delivery and acceptance of the
Severance Payment shall comprise a full settlement and
release between Cassingham and Town of any and all
claims or damages and causes of action under this
Agreement or its performance.
c. Severance Benefit. The Severance Benefit shall extend
certain employment benefits to Cassingham for six (6)
months following her termination date, as specified
herein. As of Cassingham's termination date, she shall
cease accruing vacation time, sick leave, holidays,
administrative leave or any other benefit except as
provided herein. The Severance Benefit only extends the
following employment benefits:
1) Health and Dental insurance as provided in
Paragraph 4.1 herein;
• •
2) Life Insurance as provided in Paragraph 4.2
herein;
3) Disability Insurance as provided in Paragraph 4.3
herein; and
4) Payment of both Cassingham's and Town's
shares of contributions to PERS on behalf of
Cassingham, as provided in Paragraph 4.4 herein.
2. Except as provided for herein, all other provisions of the Agreement and
Amendments No. 1 and 2 shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this.
Amendment No.3 on the dates set forth below.
Date: V,(494.4-1 I'ED , 2004 TOWN OF LOS ALTOS HILLS
By:
ayore
ATTEST:
-*
City Clerk:
Date: til(A42644- , 2004
-
Maureen Cassingham /
683928-1