AMENDMENT TO AGREEMENT FOR EMPLOYMENT
OF GENERAL MANAGER
The following amendment has been made and entered into this 21st day of August, 2017, by and between the MONTEREY PENINSULA WATER MANGEMENT DISTRICT (the District) and DAVID JON STOLDT (“Stoldt”). It amends the salary provisions found in the Agreement for Employment of General Manager, dated June 20, 2016. The amendment shall have an effective date of July 17, 2017. In consideration of the mutual covenants contained herein, the parties agree to amend the General Manager’s contract as follows, all other terms and conditions remaining the same:
III. COMPENSATION OF STOLDT.
As General Manager, STOLDT shall receive base salary at the rate of Two Hundred and Twenty Thousand Dollars ($220,000) per year, effective July 17, 2017.
DAVID JON STOLDT
ROBERT S. BROWER, CHAIR