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<br />Page 1 of 1 <br /> <br />Klaers, Pat <br /> <br />From: Pmotin@aol.com <br />Sent: Friday, October 14, 2005 9:32 AM <br />To: pklaers@cLelk-river.mn.us <br />Cc: Ijohnson@cLelk-river.mn.us; Mayorer@aol.com <br />Subject: Terms of Resignation <br /> <br />Pat -- As we discussed, the following are the suggested terms of your resignation and related benefits. <br /> <br />Pat Klaers - Terms of Resignation <br /> <br />Expected to be formally submitted and accepted 10/17/05. <br /> <br />Last day as employee (termination date) - 10/24/05 (no benefits or accruals after that date, except as set forth <br />below) <br /> <br />Pat is to receive - as of 10/24/05: <br /> <br />6 months salary at current rate, plus total unpaid accrued vacation leave, plus one-third (1/3) unused accrued <br />sick leave. All amounts are subject to applicable withholdings. Entire amount to be paid as a lump sum. <br /> <br />COBRA benefits will be available. <br /> <br />At Pat's option (to be determined prior to 10/24/05): <br /> <br />The 6 months salary may be taken on a prorated basis over the 6 month period (to be paid on the regular <br />payday schedule). If this option is elected, the City will pay Pat's medical insurance premiums (to the extent it <br />does now) through the end of such 6 month period. <br /> <br />and/or <br /> <br />The amount payable relating to unpaid accrued vacation leave and one-third (1/3) unused accrued sick leave <br />may be deferred and paid in a lump-sum in the first paycheck payable on or after 01/01/06. <br /> <br />[Subsequent to the above discussion, it is my understanding that you decided to take your salary on a <br />prorated basis, but that you wanted to have your vacation and sick leave paid in a lump-sum as soon <br />as practical after 10/24/05. If you change your mind prior to 10/24, please advise Lori.] <br /> <br />10/14/2005 <br />