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• SECTION 6. SALARY A. The Council agrees to pay the Manager for his services rendered during the fiscal year running from July 1, 1993 to June 30, 1994 (the "contract year") an annual base salary of $91,288.00, payable on the same schedule as other salaried employees of the City are paid. B. City Council shall notify the Manager, on or before April 15 of each year in which it intends this agreement to be renewed, of the adjusted annual base salary it will pay the Manager during the ensuing renewal year of the agreement. SECTION 7. PAYMENTS ON NON -RENEWAL AND TERMINATION A. In the event City Council shall elect not to renew this agreement at the end of any contract year, it shall so advise the Manager in writing on or before April 15 of that year, and the Manager shall be entitled to receive his then current compensation and all benefits through June 30 of that year. In addition, beginning on the following July 1 (the start of the next fiscal year) the Council shall also continue Manager's salary and benefits on the same terms as those existing during the preceding contract year for each of the next six (6) months; provided, however, that • such non -renewal payments and benefits shall cease at any time during said six month period that Manager begins receiving compensation as a full time employee from some employer other than the City. B. In the event City Council elects to terminate this agreement at any time during the term of any contract year, whether during the 1993-94 contract year or thereafter, as may be done under the terms of Section 4(A) of the contract, Manager shall be paid all accrued salary and other benefits through the effective date of termination. In addition, City Council shall also continue Manager's salary and benefits on the same terms as those existing immediately prior to termination for each of the nine (9) months subsequent to termination; provided, however, that such post termination payments and benefits shall cease at any time during said nine month period that Manager begins receiving compensation as a full time employee from some employer other than the City. C. For purposes of this agreement, "employee" shall include Manager's work as an independent contractor or consultant. For the purposes of this agreement, "full time" shall mean and refer to any work situation in which Manager (a) receives compensation equal, in weekly or monthly or other installments, to his compensation while last employed by the City or (b) works at least 40 hours per week. D. The non -renewal or termination payments provided for in • this section shall not be considered as part of the Manager's base pay in computing the City's contribution to the Manager's retirement plan pursuant to Section 13 of this contract. Page 3