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2. The Board shall pay to the Administrator, as compensation for services, an annuity
selected by the Administrator from the list of annuities maintained by the District for
the deposit of employees funds (the Annuities List) a one-time amount equal to
Eleven Thousand Four Hundred Ninety-Nine Dollars and Eighty-Four Cents
($11,499.84). This annuity amount shall not be treated as reportable salary
compensation to STRS.
3. The existing car and administrative allowances under the existing Employment
Contract remain in effect. This amount shall not be treated as reportable salary
compensation to STRS.
4. The parties agree, acknowledge and understand that except for the modifications set
forth above, all other terms and provisions of the Employment Contract shall remain
in full force and effect for the term of the Employment Contract. This Addendum
shall be affixed directly to the Employment Agreement maintained in the Districts
official records.
In witness hereto, the following certify that both parties, the Board of Education of the
Parma City School District and Dr. Jeffrey M. Graham, have entered into this Addendum to the
Employment Contract on the date first written above.
___________________________________
Superintendent
____________________________________
Board President
____________________________________
District Treasurer
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