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2. Compensation. <br />2.1 Annual Salary <br />City agrees to pay City Manager, and City Manager agrees to accept from City, as <br />compensation for services rendered by City Manager pursuant to this Agreement, an annual base <br />salary, commencing on the Effective Date, in the amount of two hundred and eight five thousand <br />dollars (S 285,000.00) (hereinafter "Annual Base Salary"), payable in installment payments in the <br />same manner and at the same times as salaries of other executive managers of the City are paid. <br />The term "Annual Base Salary" as used in this Agreement shall also include any <br />such adjustments approved by the City Council other than payments not eligible to be added to the <br />City Manager's Annual Base Salary pursuant to the terms of any applicable salary resolution of <br />City. The term "Monthly Base Salary" as used in this Agreement shall mean a sum of money <br />equal to one -twelfth (1/12) of City Manager's Annual Base Salary as defined herein. <br />Formatted: Font color: Red <br />gaeli fiscayear,l with the fiscal yea_ that Starts OR jaly 1, 2019, <br />and the amount of any sueh bom s shall 4e, in ths, sole discretion of the Gity Grimed. The decisten <br />by die C ty Caumpil fe.-AFO'n. P . nerfeftnanee bonus shall be made for each fiscal year at the time <br />...., ...y ...,.....,.. .s PFGN iding the Petfiamumee evalHation 8f Gio Manager Fequifed by PaFaggaph <br />3 of this Aggeeffieflt. <br />It . the Jfld..."t"^d'^e and intent of the Cit. , Ci Manage_ that ^_o..mtane <br />bonuses are not fepeFtable to the California State Pulsiie Employees Retirement System <br />("GaIPERS"), and afe not to t.eincluded in the ealoulatien <br />of City �n.,..ager"_"t:.. ement "lO i;2 <br />n"-f^_^..nee bonsare add"d tt.""^^ " u"""" <br />2.2 Benefits <br />2.2.1 Intentionally Lett Blank .Genei:al Benefits <br />25H-21 <br />