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<br />e <br /> <br />e <br /> <br />AGREEMENT <br /> <br />STATE OF TEXAS S <br />S <br />COUNTY OF HARRIS S <br /> <br />THIS AGREEMENT, made and entered into effective October 14, 2002, by and <br /> <br />between the CITY OF LA PORTE, a municipal corporation, hereinafter referred to as <br /> <br />"City", and ROBERT T. HERRERA, hereinafter referred to as "Herrera". <br /> <br />RECITATIONS <br /> <br />City, as employer, and Herrera, as employee, have heretofore entered into an <br /> <br />Employment Agreement dated August 27, 2001, wherein City employed the services of <br /> <br />Herrera as City Manager under the terms and provisions of the Home Rule Charter of the <br /> <br />City of La Porte. Herrera has submitted his resignation to City, effective October 14, <br /> <br />2002. Said resignation was accepted by the City Council of the City of La Porte at a <br /> <br /> <br />regular meeting that began on October 14, 2002. <br /> <br />NOW, THEREFORE, in consideration of the mutual covenants herein contained, <br /> <br />the parties hereto agree as follows: <br /> <br />1. City shall pay to Herrera, as severance pay and liquidated damages, twenty-four <br /> <br />(24) weeks salary and benefits, payable in installments over City's normal pay <br /> <br />periods. In the event Herrera secures other employment during such 24-week <br /> <br />period, the amount of such salary payment shall be reduced by the amount of <br /> <br />salary payment received by Herrera from such new employment. Herrera shall be <br /> <br />compensated for any accrued sick leave, vacation, and longevity accrual to and <br /> <br />including October 14,2002. Herrera shall not be eligible for automobile allowance, <br />