The Mayor shall have been an elector and resident of the Municipality for at least two years prior to the date of his election or appointment and shall continue to be an elector throughout the term of office. The Mayor shall not hold any other elective public office; or any office or employment with the Municipality except as provided herein. The Mayor shall not directly or indirectly solicit, contract for, receive or be interested in any profit or emolument from or on account of any contract, job, work, or service with or for the Municipality.