ms. kirschbaum before taking final action to approve the employment agreement pursuant to that requirement, the board provides the following summary the proposed agreement sets an annual salary of $425,000 under the proposed agreement, ms. kirschbaum will receive fringe benefits equivalent to specified benefits provided to employees represented by the municipal executives association under the memorandum of understanding between mta i'm sorry the municipal executives association which i will refer to as mta under the memorandum of understanding between mta and the s.f. mta the full list of benefits is set forth in exhibit a to the agreement. key benefits include five days of paid management leave recognized legal holidays, vacation as specified in the san francisco administrative code 13 days of sick leave per year as provided in the charter administrative code and civil service rules a management flexible spending account for health and related benefits $150,000 life insurance policy and reimbursement for the cost of required professional licenses, certificates and memberships with no max