Title
Resolution amending the original employment agreements made between the County of Lake, Illinois ("Employer"), and Gary Gibson (Employee), Lake County Administrator.
Staff Summary
* On February 11, 2020, the Employer and Employee entered into an Employment Agreement.
* On November 9, 2021, the Employer and Employee entered into an Employment Agreement, Amendment #1.
* On September 5, 2023, Employee gave notice he will be retiring at the end of his contract term.
* The resolution amends the Original Employment Agreement and Amendment #1 Employment Agreement.
Body
RESOLUTION
WHEREAS, the Employee gave notice on September 5, 2023, that he will be retiring at the end of the contract; and
WHEREAS, the Employer is interested in allowing for the appointment of the new County Administrator, effective January 1, 2024; and
WHEREAS, the Employer is interested in having Employee continue to serve Lake County through the remainder of his current contract in another role; and
WHEREAS, the remainder of the terms and conditions as stated in the Original Employment Agreement and Amendment #1, between the Employer and Employee are to be carried forward with Amendment #2, outlined below:
(2) Employee Duties. As of January 1, 2024, Employee will voluntarily resign from the position of County Administrator. Through the remainder of his contract, Employee will serve as Consultant, a position within the County Administrator's Office. He will perform such duties as lawfully assigned by the County Administrator.
(3) Hours of Work. Employees' hours of work will be at the direction of the County Administrator.
(4) Employee's Salary. The Employee will continue to receive an annual salary of $247,000, that will be pro-rated for the period commencing January 1, 2024 - February 16, 2024.
(16) Severance Pay. In the event the Employer terminates employment, pursuant to the terms of the Original Employment Agreement, severance pay for such termination shall be limited to the pay...
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