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HomeMy WebLinkAboutAdam Lincoln - City Manager Employment Agreement Amendment No. 1AMENDMENT NO. 1 TO CITY MANAGER EMPLOYMENT AGREEMENT BETWEEN CITY OF PASCO, WASHINGTON AND ADAM R. LINCOLN BY THIS AMENDMENT NO. 1 to this Employment Agreement ("Agreement") entered into this ai ! day of a 2023, by and between the City of Pasco, Washington, a municipal corporation ("Employer" or "City"), and Adam R. Lincoln ("Employee"), for City Manager services, individually a "party" and collectively the "parties." This Amendment shall become effective on January 1, 2024. IN CONSIDERATION OF THE MUTUAL COVENANTS CONTAINED HEREIN, the Parties agree that the City Manager Employment Agreement shall be amended as follows: Section 1. That Section 3 entitled "Compensation", shall be and hereby is amended and shall read as follows: SECTION 3: COMPENSATION A. Base Salary. Employer shall pay the Employee an annual base salary of $221,270. B. Consideration shall be given on an annual basis to increased compensation. Increased compensation may be in the form of a salary increase, bonus, benefits, or other such consideration as the Employee and City Council may agree upon. Such consideration will be based on merit as determined by a performance evaluation consistent with Section 11 of this Agreement. C. Employer shall adjust the compensation each year by the amount of any COLA granted to other director -tier employees. The Employer agrees to additional increases necessary to maintain a 5% salary differential between the City Manager and the next highest paid salaried subordinate who is also a City of Pasco employee. D. Employer shall not reduce Employee's salary or other financial benefits paid to Employee in a percentage greater than any reduction applicable to all other city non -represented employees. E. This Agreement shall automatically be amended to reflect any salary adjustments that are provided or required by Employer's compensation policies. Section 2. All remaining terms and conditions not inconsistent herewith shall remain full force and effect. EMPLOYER EMPLOYEE i< Blanche Barajas, Mayor Adam R. Lincoln Date: 1 �1- . y z0 z3 Date: i ( • - 23 Attest: a�s - AQIV- - City Clerk &go--,