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<br />EMPLOYMENT CONTRACT <br /> <br />STATE OF TEXAS ) <br />) <br />COUNTY OF LAMAR ) <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />By this Agreement, the CITY OF P ARIS, PARIS, TEXAS, a municipal corporation, <br /> <br />I <br /> <br />I~; i' <br />$J,' <br />" <br />,. ~ <br /> <br />referred to in this Agreement as "Employer," employs SCOTT FOSTER, of Paris, Texas, referred <br /> <br />to in this Agreement as "Employee," who accepts employment on the following terms and <br /> <br />conditions: <br /> <br />ARTICLE I <br />Term of Employment <br /> <br />1.01. By this Agreement, the Employer employs the Employee, and the Employee accepts <br /> <br />employment with the Employer, for a period of two (2) years, beginning on the I st day of May, <br /> <br />1998; however, this Agreement may be terminated earlier, as provided in Article 8 below. <br /> <br />Renewal <br /> <br />1.02. This Agreement shall automatically renew each year on the anniversary date, renewing <br /> <br />for a two (2) year period, unless written notice is delivered to Employee by the Employer to the <br /> <br />contrary at least thirty (30) days prior to the anniversary date, in which case, the Agreement shall <br /> <br />'I <br /> <br />remain in full force for a period of one (I) year. <br /> <br />ARTICLE 2 <br />Compensation <br />Basic Compensation <br /> <br />2.01. As compensation for all services rendered under this Agreement, the Employee shall <br /> <br />be paid by the Employer a salary of $50,441.00 per year, payable in regular increments as per <br /> <br />'I <br /> <br />Employer's normal practice during the period of employment. The amount paid is to be prorated for <br /> <br />1 ' <br />I <br />/ <br />I <br /> <br />EMPLOYMENT CONTRACT. .Page I <br /> <br />EXHiBIT A <br />