‘This Employ Agere Agroemnt dated he AC” any ot (Coli 2013 ‘vere imo by and between the ALBANY. PARKING AUTHORITY, 4 Publie benefit coxporation of the New York State Parking Authority Law hereinafter he “Employer and WHEREAS, the Executive Dirsetor hi 2004 in the postion of geal Dict with ‘thereof, and ; ‘WHEREAS, i isthe dss of depart bare sotina the employee of tistb ERROOYMERT, u IN. Te Employe hereby employ the Execs Diestor and the “Exceutve Director herey secepts employment withthe employer pursuant tothe tems and 1.3. DUTIBS, ‘The Exeouive Director of tha Employer shall continue to perfor: A eee reer enen e tien2: COMPENSATION AND BENEETTS. ‘21 BASESALARY. ‘The Employer shall pay he Executive Director, commencing on the sfectve dts & suing base silty of ONS HUNDRED TWENTY-SIX THOUSAND, “TWO HUNDRED FORTY-SEVEN ($126,247.00) DOLLARS pet annum, payable in ‘ccardanco withthe Employer's regular payroll schedls (“Base Salary"). The Base Salary shall be payable not less froquantly thari monthly, consistent with Employer's regular payroll practons and shall be subject to all withholding forall applicable Jocal, municipal, tate and federe! taxes, ‘ei ormal payroll deduetonn: The Base tlary will be subjectoinerenso wt the sole disoretion Of the Board of Directors of the Baniployers: ‘iy i cai Dior te Be Dit dil ut uti rs fo a /eseien ot eter Se Enea re24 SOUGATIONAL pavers Subject to such annual limits ag may be yet ftom tite to time, the Ermployer shall pay b inte Desi Apso sco seven ra lino ia Du a ep ten 25 EMPLOYMENT EXPENSES, Subject to such anual limits as may/be ‘tablished in the bole diseretion of tho Employer from time to time, the Employer shal (i) pay: for any fees payable by he Employee to obtain or manain seal emconable fot or duet payable by ihe Brot {i provide or pay for boapers: answering nerioes cel sneetings.. Reimbursement or payment for such expenses shall require such invoices, bills or sneer Sees ere enn eee Theyee uae iae eet the Employee to devetop and promote: desta. meal hosplatizalon, anual ysl, bly ootersiniar bent plato he ‘extent permitted by law, chat may from time to time be tn etfeet for any of mptoyer’s 32° DEATH: lithe event ofthe deuth of the ecutive Director during this Teh, this Agreement shall eines otfctve as af the daryomplayer shall have no futher obligation or iability hereunder excep that Erployer Shall pay 40 Employee's estate the potion, if any, of he Employee's salary and any carn but unpaid bons for be period through she date of Employee's death hat remains unpaid. 33. DISABILITY.INSURANCE: thshe even thatthe Bxecutive Director bocoras temporarily sick, ill or incapactatod, the Executive Director shall be ented to such sick time, If “hy, as maybe eblished by the Employer's personnel policies or practices from time 0 time. ‘tn tho event that tie Executive Director becomes bic I incapdctated or otherwise temporarily ‘or permanently disabled and unable to perforrh his regilat duties during any year in excess of Any mites vacation te rick ea thm he Brot Director shal be covered by & Di em iy tn lero pn, Preecrenatreeteet ‘A iabitty oF tines in teed ok see coe 3.4 ‘TERMINATION FORCAUSE. sean ncaa Gio teenie ak42 ‘DEDUCTIONS. ll amounts ald (the Executive Directo heeonder aro subject oll wishholdings and deductions required by law, os authori under thé Employment Agreement, ond és methotized trom: time to time, 43. _ ENTIRE AGREEMENT, ‘This Employmont Agreement contain the entire ‘agreement of the partios with réspect to the subject mabier hereof, and all prior agreements, ‘writen or rah are merged herein and are of 0 further force and effect. The Executive Direetce ‘has had an opporsanity to review this Employment Agreement with counsel of hia own choles, 44 AMENDMENT. ‘This Employment Agrésiment tiay be modified or amended ‘only-by & weitten agreement sighed by the propee officer of Employer and the Executive Director. 45 WAIVERS. ‘No waiver of any term or provision of this Employment Agreement. [pln ae : ‘80 changed; legal, valid and binding, es a oe sala su ‘Agreement is held iNegA, wold or invalid in its entirety, the remaining provisions ofthis Employment Agreementterms. 48 GOVERNING LAW, ‘THIS EMPLOYMENT AGREEMENT AND THE: RIGHTS AND OBLIGATIONS OF THE AUTHORITY. AND EXECUTIVE DIRECTOR "HEREUNDER SHALL BE DETERMINED UNDER, GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH Til! LAWS OF THE STATE OF NEW YOR As APPLIED TO ‘AGREEMENTS AMONG NEW YORK RESIDENTS ENTERED INTO AND TO BE PERFORMED ENTIRELY WITHIN NEWYORK, 49. ARBITRATION, ‘The Executive Director understands and agrees that, as a : to ime sonceming in any way te subject of ho Buseutve Director's employment wiih tho ‘Authority oF ts termination, ‘The only clans NOT covered by this Employment Agreement arapei Asis tli dein, i ne ements his Emp “a8 ofthe date first ubove waition,