1. Agreement. Any 2 or more towns may enter into an agreement, not inconsistent with this subchapter, to employ and share a manager.
2. Selection of manager. The select boards of the contracting towns shall act as a joint board for the purposes of selecting and removing for cause the manager, except that each town has a single vote.
3. Compensation. The agreement must contain a formula establishing the percentage of the manager's compensation to be contributed by each town. The select boards shall determine the manager's total compensation acting as a joint board, each town having a single vote.
4. Duration. The agreement must specify the method of partial or complete termination of the agreement.