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CITY MANAGER'S • EMPLOYMENT AGREEMENT (beginning November 1, 200 1) THIS AGREEMENT, made and entered into this 1st day of November, 2001, by and between the Council of the City of Charlottesville, Virginia, a municipal corporation, hereinafter called City Council, as party of the first part, and Gary O'Connell, hereinafter called Manager, as party of the second part, both of whom understand as follows: WITNESSETH: WHEREAS, the City Council desires to employ the services of Gary O'Connell as its City Manager as provided by the City Charter and Code; and WHEREAS, it is the desire of the City Council to provide certain benefits, establish certain conditions of employment and to set working conditions of said employee; and . WHEREAS, it is the desire of the City Council (1) to retain the services of the Manager and to provide inducement for him to remain in the City's employment, (2) to make possible full work productivity by assuring the Manager's morale and peace of mind with • respect to future security, and (3) to provide a just means for terminating the Manager's employment when City Council may desire to do so; and WHEREAS, the Manager desires to continue employment as City Manager of Charlottesville; NOW, THEREFORE, in consideration ofthe mutual covenants described below, the parties agree as follows: SECTION 1. EMPLOYMENT City Council hereby agrees to employ Gary O'Connell as City Manager to perform the functions and duties specified in the City Charter and Code of the City of Charlottesville, Virginia and to perform other legally permissible and proper duties and functions that the Council shall assign from time to time. SECTION 2. INITIAL TERM AND RENEWALS A. The term of this agreement shall be from November 1, 2001 to October 31, 2006, • unless sooner terminated by either party in accord with provisions of this agreement.