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f 4 <br />• <br />MEMORANDUM OF UNDERSTANDING <br />PAGE TWU <br />6) The City will pay for all expenditures within the <br />lirr,itations established in the annual budget, <br />relative to Mr. Pauley's membership in the ICMA and <br />Minnesota City Management Association and attendance <br />at the annual conferences of the ICMA, LMC, and <br />Minnesota City Management Association and such other <br />meetings and activities as may be necessary for the <br />performance of his duties as Clerk-Administrator and <br />authorized by the City Council. <br />7) In consideration of a travel and expense allowance in <br />the amount of $150 per month or whatever might be <br />provided for in the annual budget, Mr. Pauley will <br />provide the use of his personal vehicle for daily <br />City business. <br />8) Mr. Pauley agrees to reside within the City's <br />Corporate limits during his term of employment with <br />the City. <br />• 9) Mr. Pauley agrees to provide the City with at least <br />45 days written notice before voluntarily resigning. <br />IO) The City agrees to provide Mr. Pauley wit!: at least 6 <br />months notice before terminating hi= emplcyment as <br />Clerk-Administrator or at the optior of the City <br />Council, the City shall give Mr. Pauley severance pay <br />equal to 6 months aggregate salary. The :.ity shall <br />not be required to give such notice or severance pay <br />if Mr. Pauley is convicted of embezzlement of City <br />funds or other crimes involving moral terpitude which <br />tend to discredit or disgrace the City. <br />11) The City agrees to pay Mr. Pauley upon iris <br />resignation or termination an amount equal to ail of <br />his accrued vacation leave. <br />12) The City agrees, pursuant to Resolution Igo. 1.305 and <br />An Agreement Relating To Deferred Compensation dated <br />June 23, 1981 which are attached hereto and made a <br />part of this Memorandum of Understanding, to <br />contribute to the ICMA Retirement Corporation <br />Deferred Compensation Program in an amount Pqual to <br />the employer's contribution which would be required <br />by Minnesota Statutes Section 353.27, Subdivisions 3 <br />nd 3a, as amended, if Mr. Pauley were a member of <br />Public Employees Retirement Association. <br />