Merit Increase. Employee shall be eligible for a merit increase of not more than 5% based on an annual performance evaluation conducted by the Town Council. Notwithstanding the foregoing, Employee’s salary will not exceed the adopted salary range for the Town Manager as it may be amended from time to time. In addition, the Town Council may, in its sole discretion, consider granting to Employee as part of or in lieu of a merit-based pay increase, up to 40 hours of additional comprehensive leave time.
Appears in 5 contracts
Samples: Ninth Amended Employment Agreement, Eighth Amended Employment Agreement, Employment Agreement
Merit Increase. Employee shall be eligible for a merit increase of not more than 5% based on an annual performance evaluation conducted by the Town Council. Notwithstanding the foregoing, Employee’s salary will not exceed the adopted salary range for the Town Manager as it may be amended from time to time. In addition, the Town Council may, in its sole discretion, consider granting to Employee as part of or in lieu of a merit-based pay increase, up to 40 hours of additional comprehensive leave time.
Appears in 1 contract
Samples: Employment Agreement
