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CONTRACT 4064A - PERM Amendment CLOSEDAGREEMENT BETWEEN THE CITY OF EL SEGUNDO AND EL SEGUNDO SUPERVISORY AND PROFESSIONAL EMPLOYEES ASSOCIATION This Agreement is entered into by and between El Segundo Supervisory and Professional Employees Association ( "SPEA ") and the City of El Segundo ( "City ") referred to hereafter collectively, the "Parties ". Whereas the City of El Segundo found it necessary to layoff employees within this bargaining unit consistent with Article XV, Section 1, of the Memorandum of Understanding between the City of El Segundo and El Segundo Supervisory and Professional Employees Association and, Whereas the City of El Segundo notified SPEA of such action on August 10, 2010 and stated layoffs would become effective the close of business Thursday, September 30, 2010 and, and, Whereas the required impact bargaining meeting was held on August 24, 2010; Whereas SPEA requested severance packages for impacted employees. The parties agree as follows: • The City of El Segundo will provide laid off employees with payment equivalent to one month's compensation contingent upon employees signing a Separation Agreement (Waiver & Release of Claims). • The City of El Segundo agrees to reimburse the one (1) employee for expenses related to the previously approved Education Reimbursement Request provided the appropriate receipts are presented. Payment will be made at the same time as the aforementioned one month's compensation. Dated: IU J s C er, Chief Steward, Supervisory a d Professional Employees Association Dated: �;17g /v dreaVio Daniel, Business Representative Dated: