2021-046 - Approving an Addendum to the Employment Agreement dated March 9, 2020 between the City of Paris and Grayson Path

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Addendum toEmployment Agreement Dated March 9, 2020 Between the City of Paris, Texas and Grayson Adam Path Whereas, onthe 9mday OfMarch, 2O2O,the City OfParis ("E[Op|Oyer")and Grayson Adam Path ("Employee") entered into an Employment /\onaernord ("Agreement") vvhonybv Employer contracted with Employee to provide professional S8niC8G in the position of City Manager (See Exhibit A hereto); and Whereas, the parties wish to amend said Agreement to provide for an extension of the Agreement for an additional two (2) years and to increase Employee's compensation; Now, therefor, the parties hereto hereby amend the Agreement 8Sfollows: Section 1.Term, shall b8amended asfollows: "The term of this agreement Sh8U be for @ period of five (5) V8a[S from Aoh| 27' 2020 to April 26. 2025, p[nvided, hovvover, that the t8nn of this Aonaennenk may be terminated by either party subject b]the provisions set forth iDSections 0.1O.0r11 herein. Prior k}the eXpi[8dOO of the term of this Agreement, Employer and Employee may mutually agree in writing to renew and extend this Agreement. 2. Section 3(A), Compensation, shall be amended as follows: "Employer agrees k} pay ED1D|Oy9H an annual base salary of$1OO'OOO.D0 uOd| November 9, 2O21.8twhich said time Employer agrees tOincrease said annual base salary to$105'OUO.00. Said salary shall be payable in installments at the Senne time that the other Dl8O8gGnOeD| employees ofthe Employer are paid. The effective date 0fthis Addendum isNovember S.2021. City of Paris Paula Portugal, Mayor Executed the 13t' day of December, 2021 Grayson Path Executed the 13*day ofDecember, 2021