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EXHIBIT"A" <br /> • HEALTH INSURANCE-The City Managei will be provided a one-time payment fol his past <br /> "Health Allotment" insurance benefit in the amount of thirty thousand dollars ($30,000) <br /> The City shall pay such amount in the first full payroll period following May 19, 2015 In <br /> consideration foi the City Manager's termination of his health allotment as of May 20, <br /> 2015 <br /> • LIFE INSURANCE-$25,000, with premium paid by the City on behalf of the City Managet <br /> • MEDICAL INSURANCE—The City pays the entire monthly premium fat the City Managei <br /> and his eligible dependents foi the City Manager's chosen Ca1PERS health plan <br /> • Insurance Adjustment — The City shall pay the City Manager the amount of$150 each <br /> July as an offset to the City Manager's payment of co-payments and deductibles for <br /> medical insurance <br /> • ACCIDENTAL DEATH & DISMEMBERMENT - $25,000, with premium paid by the City on <br /> behalf of the City Manager <br /> • Vision Reimbursement - $225 annually foi frames, lenses or contact lenses for the City <br /> Managei or eligible dependents, based upon submission of receipts <br /> • DEFERRED COMPENSATION —401A Plan and 457 Plan— Annual contribution paid by the <br /> City on behalf of the City Manager in the amount of$1,125 + 2% of salary to either plan <br /> as designated by the City Managei <br /> • PUBLIC EMPLOYEES RETIREMENT SYSTEM-Formula to equal City of Redlands "classic" <br /> miscellaneous employees (2% @ 55) for the CAPERS retirement system Commencing <br /> with the first full payroll period following May 19, 2015, the City Manager shall pay seven <br /> percent (7%) of the City Manager's salary as the employee member contribution amount <br /> As an offset to the City Manager's payment of the foregoing employee member <br /> contribution amount, the City Manager's annual base salary amount shall be increased by <br /> seven percent (7%) commencing with the first full payroll period following May 19,2015 <br /> • ANNUAL LEAVE — 402 hours annually, and increased equivalently to any subsequent <br /> increase the City might provide to the members of RADD <br /> • HOLIDAYS — 12 City designated holidays <br /> • FLEXIBLE SAVINGS PLAN <br /> • YMCA MEMBERSHIP--- In an effort to support a healthy life style for City employees, <br /> the City will provide to Employee a City-pard membership (initial fee and monthly fees) <br /> for the YMCA for Employee and Employee's family <br /> 3 <br /> I 1ca\dam\Agreements\Employment Agreements\CM Employment 5 7 5 17 docx <br />