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In the event one or more municipal holidays falls within a vacation leave, such days shall not be <br /> charged as vacation leave and the vacation leave shall be extended accordingly for those employees <br /> eligible for such holidays. <br /> Management employees may accumulate vacation leave up to a maximum of three (3) years <br /> vacation accrual. An additional year may be accumulated with Department Head approval. <br /> Section 5.0 Management Incentive <br /> Management employees shall receive management incentive pay at the rate of 80 hours per calendar <br /> year; such amount shall be paid equally at each pay period. Such pay is given in recognition of the <br /> unique nature of their position (e.g. projects, resolution of difficult issues). • <br /> Department Heads shall receive management incentive pay at the rate of 120 hours per calendar <br /> year; such amount shall be paid equally at each pay period. Such pay is given in recognition of the <br /> unique nature of their position (e.g. program direction, policy determination). <br /> Department Heads shall be subject to an annual performance review by the City Manager. The City <br /> Manager, in his sole discretion, may award additional pay based on performance, pursuant to the <br /> provisions of the Pay Plan, Personnel Rules or other granted authority. <br /> Section 6.0 Deferred Compensation <br /> - <br /> The City shall maintain in effect the deferred compensation program for the term of this Agreement. <br /> Section 7.0 Sick Leave <br /> An employee who is in unpaid status for 44 or more hours in a pay period shall not accrue sick <br /> leave for that pay period. <br /> As part of the initial hiring agreement, the City Manager may grant to a new management employee <br /> up to one -half of that employee's sick leave accumulated from the most recent employer. Such sick <br /> leave shall not exceed twenty (20) work days. <br /> The maximum sick leave accrual shall be three hundred (300) days. <br /> Payment for unused sick leave will be granted to full -time regular employees with at least fifteen <br /> (15) years continuous City service at death. retirement or resignation in good standing based on <br /> salary at termination. pursuant to the following schedule. Number of sick leave days accumulated. • <br /> multiplied by seven and one -half percent (7'/ %). multiplied by the number of whole years of <br /> service. multiplied by the hourly rate at termination. <br /> The above formula figure of seven and one -half percent (71/4%) will be adjusted to ten percent <br /> (10 %) for an employee who terminates City service after completing twenty -five (25) years of <br /> uninterrupted City service by way of termination. service retirement or resignation in good standing <br /> with the City. <br /> An employee whose death or permanent disability is a result of an accident which is held to he <br /> • compensahle by the Workers' Compensation Appeals Board will receive payment for unused sick <br /> leave without regard to continuous City service according to the seven and one -half percent (71/4%) <br /> formula. An employee who completed twenty -five (25) or more nears of uninterrupted service shall <br /> 6 <br /> SUMO final 2010 <br />