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RESOLUTION 96-95 <br />Page 10 <br /> <br /> 6.6 Life Insurance. The City shall continue to pay 100% <br />of the premium cost for term life insurance coverage under the <br />policy it maintains on behalf of its officers and employees in <br />order to provide each person designated as unrepresented <br />Administrative Management (AM) with life insurance coverage in an <br />amount equal to twice such employee's annual rate of salary to a <br />maximum of $300,000, provided said affected employee can provide <br />evidence of insurability for coverage above $150,000 if so required <br />by the terms and conditions of said term life insurance policy. <br /> <br /> In the event any such affected employee is determined to <br />be ineligible for said insurance coverage, the City will attempt to <br />provide as much coverage as may be obtained at a reasonable cost <br />without having to provide evidence of insurability. <br /> <br /> 6.7 Paid Holiday Time Off. Affected employees are not <br />required to appear for work, except in emergencies, and will <br />receive payment at his or her current base salary rate for the <br />following twelve (12) holidays during each year: January lst; <br />third Monday in January; third Monday in February; last Monday in <br />May; July 4th; first Monday in September; November llth; <br />Thanksgiving Day and the day immediately following (Friday); <br />Christmas Day; the last working day before Christmas Day (unless <br />Christmas Day falls on Thursday, in which instance the day <br />following Christmas Day will be observed) and one (1) floating <br />holiday. Any holiday which falls on Sunday will be observed on the <br />following Monday and any holiday which falls on a Saturday will be <br />observed on the Friday preceding the holiday. <br /> <br /> 6.8 Vacation Time Off. Affected employees shall be <br />granted regular and longevity paid vacation leave on the same basis <br />as provided represented employees of the City, with the exception <br />that such affected employees will be granted: <br /> <br /> A. Regular vacation with pay at the annual rate of <br />fifteen (15) working days for each of his or her first and second <br />completed year of service. <br /> <br /> B. An additional five (5) working days per year over the <br />regular and longevity vacation schedules applicable to represented <br />employees of the City. Maximum accrual of such additional five <br />vacation days per year for Administrative Management employees <br />shall be twenty-five (25) days. <br /> <br /> Affected Administrative Management employees must take at <br />least five (5) consecutive days of vacation leave each year. <br /> <br /> <br />