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HomeMy WebLinkAboutAgr 2020-06-17 (Greg Chanis)FOURTH AMENDMENT TO TOWN MANAGER'S EMPLOYMENT AGREEMENT This FOURTH AMENDMENT TO THE TOWN MANAGER'S EMPLOYMENT AGREEMENT ("Amendment") is effective as of June 17, 2020, by and between The Town of Tiburon ("Town") and Gregory Chanis ("Employee"). RECITALS A. The Town employs Employee as its Town Manager, pursuant to an Employment Agreement effective December 22, 2016 ("Manager's Agreement"). B. The Town entered into a First Amendment to the Town Manager's Employment Agreement on February 1, 2017 ("First Amendment"). C. The Town entered into a Second Amendment to the Town Manager's Employment Agreement on March 21, 2018. D. The Town entered into a Third Amendment to the Town Manager's Employment Agreement on June 5, 2019. E. The Town Council has conducted its annual performance evaluation of Employee as set forth in the Manager's Agreement and is well satisfied with Employee's performance. The Council finds that the Employee has demonstrated management and leadership skills that compare favorably to persons holding similar positions in similar agencies. F. The Town's policy is to offer compensation packages that are competitive with similar employers for similar positions so as to maintain the highest quality staff to serve the public. After completing the Manager's annual review, the Council has decided to modify the Manager's Agreement and compensation as set forth in this Amendment and Employee has agreed to such modification. NOW, THEREFORE, IN CONSIDERATION OF THE ABOVE RECITALS AND OF THE MUTUAL PROMISES AND CONDITIONS OF THIS AMENDMENT, IT IS AGREED AS FOLLOWS: Base Salary. Section 4.1 of the Manager's Agreement shall be amended as follows: Employee's current base salary of $216,288 shall be increased by 3.0% to Two Hundred Twenty Two Thousand Seven Hundred Seventy Six Dollars ($222,776) per year. 2. Manager's Agreement Otherwise Unchanged. Except as expressly modified by this Amendment, the Manager's Agreement between the Town and Employee shall remain in full force and effect. IN WITNESS WHEREOF, this Fourth Amendment to the Manager's Agreement shall be effective as of the day and year written above. Dated: 6/17/2020 THE TOWN OF TIBURON: By: Alice Frederic's Mayor, Town of Tiburon APPROVED AS TO FORM Benjamin Stock Town Attorney, Town of Tiburon