5.3 ERMUSR 09-08-2020 - Laserfiche WebLink

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EMPLOYMENT AGREEMENT Agreementas of August 11, 2020 (Effective Date Utilitiesand Theresa Slominski, a resident ofMinnesota Employee RECITALS A.The Utilities desires to employ Employee in accordance with the terms of this Agreement. B.The Utilities and Employee desire to enter into this Agreement. AGREEMENT In consideration of the aboverecitals and the promises set forth in this Agreement, the Utilities and Employee agree as follows: 1.Nature and Capacity of Employment. The Utilities hereby agrees to employ Employee pursuant to the terms of this Agreement. As of the Effective Date, Empl title will be General Manager. Employee agrees to perform, or be available to perform, on a full-time basis, the functions of this position and such other duties as assigned by the policies and practices except as otherwise explicitly provided in this Agreement; and to the continuing discretion of the Utilities Commission. 2.At-Will Employment as of August 11, 2020and continue untilterminated by either party as provided for in at will and may be terminated by either the Employee or the Utilities for any reason at any time, with or without advance notice, subject to the provisions of Section 6, below. Under certain circumstances Employee may be eligible for severance benefits pursuant to Section 6. 3.Compensation. 3.1.Base Salary salary will be $160,000.00,which will be earned by Employee on a pro rata basis as Employee performs services for the Utilities and which salary will be paid in accordance and change by the Utilities in its sole discretion from time to time. compensation shall be subject to federal and state income tax withholding, FICA and Medicare and suchother deductions as the Utilities is required by law, or believes in good faith it is required by law, to make. The position of General Manager is an exempt Page 1of15 67