HomeMy WebLinkAbout10-01118 Exhibit A-SUB 09-20-2010Exhibit "A"
Compensation & Benefits Package
Effective September 21, 2010
Type of Benefit
1. Base Salary
a. Year 1 - $135,000 annual salary (bi-weekly)
For the second and third subsequent years, the Executive Director shall receive an
annual salary equal to (109%) of the annual salary for the immediate preceding 12-
month period.
2. Allowances
a. Cellular phone (monthly allowance not to exceed $300/month)
b. Automobile (monthly allowance not to exceed $800/month)
3. Leave Time
FUNDING SOURCES
SEOPW
OMNI
$ 67,500 $ 67,500
$150/month $150/month
$400/month $400/month
a. Vacation 240 hours/year
b. Sick 240 hours/year
c. Holidays 11 days/year
4. Retirement
a. Pension 401A (10% of annual base salary)
b. Deferred Compensation 457 (9% of annual base salary)
5. Insurance
a. Health/Vision/Dental CRA Benefit Plan
b. Life 2X Annual Salary
c. Accidental Death & Dismemberment Insurance 2X Annual Salary
6. Severence
The CRA Board of Commissioners reserves its right to terminate its relationship with
the Executive Director by an official act of the Board, without cause shown, in which
event the Executive Director shall receive a fixed sum for compensation and
forbearance, in an amount equivalent to six months pay and six months health
insurance coverage.
The Executive Director shall not receive any severance if he is terminated for neglect
of duty, misfeasance, or malfeasance, or if he voluntarily resigns.