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(b) This agreement may be terminated by either party in accordance with the <br />provisions set forth in Paragraph 3 or terminated in the event of the death or <br />permanent disability of Employee. <br />(c) Employee agrees to remain in the exclusive employ of the City during the <br />term of the Agreement. <br />3. RESIGNATION AND TERMINATION <br />(a) Employee may resign at any time with or without cause and agrees to give <br />City at least sixty (60) days advance written notice of the effective date of <br />her resignation. <br />(b) Subject to the provisions of the Charter, City may at any time terminate <br />Employee upon thirty (30) days advance written notice. <br />(c) The parties recognize and affirm that: 1) Employee is an "at will" <br />employee whose employment as Interim City Manager may be terminated <br />by the City, and 2) There is no express or implied promise made to <br />Employee for any form of continued employment. This Agreement is the <br />sole and exclusive basis for an employment relationship between <br />Employee and City. <br />4. RIGHT TO REVERT TO PREVIOUSLY HELD POSITION <br />If Employee is terminated by the City Council, or the City Manager position is <br />filled on a permanent basis, employee shall have the right to revert to her <br />previously held position as the Assistant City Manager and shall be entitled to <br />receive the current salary and benefits commensurate with that position, no less <br />than what Employee was receiving in the position prior to her appointment as <br />Interim City Manager. <br />SALARY <br />For the term of this Agreement, City agrees to pay Employee a salary 15% above <br />step five of the salary range of the highest paid City management employee as <br />shown in the City Council adopted Pay Plan (hereafter referred to as "the <br />Baseline Salary".) Employee's compensation shall be adjusted as such Baseline <br />Salary is adjusted from time to time so that Employee's salary shall not be less <br />than 15% above the Baseline Salary. Effective as of the date of this Agreement, <br />Employee shall be entitled to receive a monthly salary in the amount of $ 16,891. <br />Notwithstanding the foregoing, for the remainder of calendar year 2011 <br />Employee agrees to continue to participate in the City's furlough program. <br />6. OTHER SUPPLEMENTAL BENEFITS <br />2 <br />