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AMENDMENT NO. FOUR TO EMPLOYMENT AGREEMENT
BETWEEN THE CITY OF PALO ALTO AND
JAMES R. KEENE, JR.
This Amendment No. FOUR to EMPLOYMENT AGREEMENT BETWEEN
THE CITY OF PALO ALTO AND JAMES R. KEENE, JR. (“Agreement”) is entered into on
December 8, 2014 by and between the CITY OF PALO ALTO, a California chartered municipal
corporation (“City”), and JAMES R. KEENE, JR. (“Manager”), an individual, located at 250
Hamilton Avenue 7th Floor, Palo Alto, CA.
R E C I T A L S:
WHEREAS, the original EMPLOYMENT AGREEMENT BETWEEN THE
CITY OF PALO ALTO AND JAMES R. KEENE, JR., attached hereto and incorporated herein
as Exhibit “A” was entered into between the parties for the services of City Manager on or about
August 21, 2008; and
WHEREAS, AMENDMENT NO. ONE to the Agreement, attached hereto and
incorporated herein as Exhibit “B” was entered into between the parties on or about August 21,
2008; and
WHEREAS, AMENDMENT NO. TWO to the Agreement, attached hereto and
incorporated herein as Exhibit “C” was entered into between the parties on or about August 2,
2010; and
WHEREAS, AMENDMENT NO. THREE to the Agreement, attached hereto and
incorporated herein as Exhibit “D” was entered into between the parties on or about March 24,
2014; and
WHEREAS, the parties wish to amend the Agreement;
NOW, THEREFORE, in consideration of the covenants, terms, conditions, and
provisions of this Amendment, the parties agree:
SECTION 1: Section 3 of the Agreement, Compensation, is hereby amended to
read as follows:
3. Compensation. Manager shall be compensated as provided in this Section 3.
3.1 Compensation. Commencing on and continuing from the Employment
Start Date, Manager will receive an initial base annual salary of Two Hundred Forty Thousand
and no/100 Dollars ($240,000.00), prorated and paid on City’s normal paydays. Commencing
on and continuing from the pay period including July 1, 2013, Manager’s annual base salary
shall be increased to Two Hundred Fifty Four Thousand Six Hundred Three and No/100 Dollars
($254,603), prorated and paid on the City’s normal paydays. Commencing on and continuing
from the first pay period after the Council approves Amendment No. Three to this Agreement,
2
Manager’s annual base salary shall be increased to Two Hundred Sixty Two Thousand Two
Hundred Forty One and No/100 Dollars ($262,241), prorated and paid on the City’s normal
paydays. Commencing on and continuing from the pay period including July 1, 2014, Manager’s
annual base salary shall be increased to Two Hundred Seventy Five Thousand Three Hundred
Fifty-Three and No/100 Dollars ($275,353.00), prorated and paid on the City’s normal paydays.
SECTION 2. Except as herein modified, all other provisions of the Contract,
including any exhibits and subsequent amendments thereto, shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have by their duly authorized
representatives executed this Amendment on the date first above written.
ATTEST:
_____________________________
City Clerk
APPROVED AS TO FORM:
_____________________________
City Attorney
CITY OF PALO ALTO
___________________________
Nancy Shepherd
Mayor
Dated:______________________
MANAGER
___________________________
James R. Keene, Jr.
Dated:______________________
Attachments:
Exhibit A: EMPLOYMENT AGREEMENT BETWEEN THE CITY OF PALO ALTO
AND JAMES R. KEENE, JR.
Exhibit B: AMENDMENT NO. ONE TO EMPLOYMENT AGREEMENT BETWEEN
THE CITY OF PALO ALTO AND JAMES R. KEENE, JR.
Exhibit C: AMENDMENT NO. TWO TO EMPLOYMENT AGREEMENT BETWEEN
THE CITY OF PALO ALTO AND JAMES R. KEENE, JR.
Exhibit D: AMENDMENT NO. THREE TO EMPLOYMENT AGREEMENT
BETWEEN THE CITY OF PALO ALTO AND JAMES R. KEENE, JR.