November 24, 2006
Dos and Don'ts of Writing Presidential Contracts
In the not-so-distant past, an employment agreement between a university president and a governing board was often nothing more than a handshake. Today, formal contracts are requirements for presidents, with boards and presidents typically relying on lawyers to extensively document terms of employment, salary and benefits, and, perhaps most importantly, terms of separation. The value of a well-written presidential contract is most apparent when a board dismisses a president, says Howard S.
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