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In the event an Executive Management (EM) employee is determined to be ineligible for <br />the full benefit of said insurance coverage, the amount of life insurance will be equal the <br />amount for which the employee is eligible for without having to provide evidence of <br />insurability. <br />Section 5. Leave Accruals and Cash -Out Provisions. <br />Unless otherwise provided, the highest leave accrual, maximum accrual, and cash -out <br />provisions provided to any represented employee's unit, will also be offered to the <br />classifications listed in this resolution exhibit including but not limited to; paid holidays, <br />floating holidays, holiday closures, vacation, "must -use" vacation, and management <br />vacation. <br />A. Management Vacation Leave. <br />Executive Management (EM) employees listed in this Resolution Exhibit meet the <br />definition of "exempt" under Section 13(a)(1) of the Fair Labor Standards Act (FLSA). <br />1. Executive Management (EM) employees will be granted one hundred (100) <br />hours of management vacation per calendar year in addition to regular vacation accrual <br />provisions applicable to represented employees of the City. <br />2. The City Manager is authorized to grant, at his or her discretion, additional <br />management vacation leave hours per calendar year. <br />B. Vacation and Sick Leave Credits for New Hires. The City Manager is authorized <br />to grant a newly appointed Executive Management (EM) employee vacation and sick <br />leave credits up to an amount equal to any earned but unused vacation or sick leave <br />credits available to such appointee at the time of his or her separation from his or her <br />most recent previous employer. <br />C. Vacation Leave Rate of Accrual. The City Manager is authorized to provide <br />longevity credits towards the rate of vacation hours' accrual for a newly appointed <br />Executive Management (EM) employee. The longevity credit can only be used for the <br />purpose of rate of vacation accrual. <br />D. Paid or unpaid Administrative Leave Policy. The City Manager is authorized to <br />grant, at his or her discretion, a paid or unpaid leave of absence for Executive <br />Management (EM) employees. <br />Section 6. Retirement Plan Contributions. <br />A. The terms of the existing contract between the City and California Public <br />Employees' Retirement System (CaIPERS) governing the City retirement benefits of <br />Executive Management (EM) employees covered by this Resolution are incorporated by <br />