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ii. "Total compensation" means the cash and noncash dollar value earned <br />by the executive during the recipient's or subrecipient's preceding fiscal <br />year and includes the following (for more information see 17 CFR <br />229.402(c)(2)): <br />¦ Salary and bonus. <br />¦ Awards of stock, stock options, and stock appreciation rights. Use the <br />dollar amount recognized for financial statement reporting purposes with <br />respect to the fiscal year in accordance with the Statement of Financial <br />Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based <br />Payments. <br />¦ Earnings for services under non-equity incentive plans. This does not <br />include group life, health, hospitalization or medical reimbursement plans <br />that do not discriminate in favor of executives, and are available generally <br />to all salaried employees. <br />• Change in pension value. This is the change in present value of defined <br />benefit and actuarial pension plans. <br />¦ Above-market earnings on deferred compensation which is not tax- <br />qualified. <br />¦ Other compensation, if the aggregate value of all such other <br />compensation (e.g., severance, termination payments, value of life <br />insurance paid on behalf of the employee, perquisites or property) for the <br />executive exceeds $10,000. <br />61. Understands that failure to comply with any of the above assurances may result in <br />suspension, termination, or reduction of grant funds. <br />The undersigned represents that he/she is authorized by the above named applicant to enter into this <br />agreement for and on behalf of t aid applicant. <br />Signature of Authorized Agent: <br />Printed Name of Authorized Agent: Don Hannah <br />Title: City Manager Date: <br />40