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catch up or double limit provisions. The contributions will be made on a biweekly basis based on the number of pay periods by year. These contributions shall cease when this Agreement terminates. County Administrator shall receive twenty-two days of vacation annually, beginning on the Commencement Date of the Agreement, and annually on the month of the Commencement Date anniversary. The maximum accrual of vacation hours shall be no more than a maximum of two years of vacation accrual. Any hours exceeding two years' vacation accrual shall be rolled back on the County Administrator's anniversary date. The payout of vacation leave upon separation of employment will be no more than two years accrual. The County Administrator will accrue sick leave in accordance with the sick leave policy set forth in the Administrative Policy Manual. The payout of sick leave upon separation of employment will be as set forth in the Administrative Policy Manual. County Administrator will be eligible for participation in the group benefit program in the same manner offered to all full-time, regular non -contract eligible employees. County will provide the County Administrator a County cell phone or cell phone stipend as set forth in the Administrative Policy Manual. 7. Residency. The County Administrator shall maintain residency in Indian River County for the duration of his employment as County Administrator under this Agreement. 8. Term. This Agreement is from the Commencement Date set forth above until Tuesday, November 7, 2028. This Agreement is not continuing in nature. The County Administrator shall schedule the renewal of County Administrator's Agreement as an item for consideration by the Board at a meeting to be held no later than 90 days' prior to expiration of the Agreement. 9. Performance Evaluation. The Board shall review and evaluate the County Administrator's performance during each anniversary of the term of this agreement. Board Members' individual review will be tabulated and presented at a regularly scheduled BOCC meeting. Said review and evaluation shall be in accordance with specific criteria developed jointly by the Board and County Administrator. 10. Termination. This Agreement may be terminated by County Administrator at any time and for any reason by resignation with 60 days' written notice, in which case County Administrator will be paid through the last day worked, or by the County, at any time or for any reason, by giving County Administrator notice of termination A. Termination without Cause. The Board may, at any time whatsoever, terminate the employment of the County Administrator, without cause. Upon such termination, The County Administrator will be entitled to: 1) a severance payment as set forth in Section 10 below; and 2) a lump sum payment at his then -hourly rate of base salary as County Administrator for all annual leave hours accumulated but unused as of the date of termination, not to exceed the HAPermnneACo yAdministratorCommet-2025CH Edits.docx 3