R egular Compensation Sample Clauses

R egular Compensation. Formatted: No underline 3.1.1 In consideration of Coach’s services and satisfactory performance of this Agreement, the University (College) shall provide to Coach: a) An annual salary of $ $ 175,000 per year, payable in biweekly installments in accordance with normal University (College) procedures, and such salary increases as may be determined appropriate by the Athletics Director and Chief Executive Officer and approved by the Board; b) The opportunity to receive such employee benefits as the University (College) provides generally to non-faculty exempt employees, provided that Coach qualifies for such benefits by meeting all applicable eligibility requirements (except that, provided, however, in accordance with Board Policy II.H.6.b.ii, University (College) and Coach agree that Coach shall not accrue any annual leave hours, and may take leave (other than sick leave) only with prior written approval of the A thletics Director);; and c) The opportunity to receive such employee benefits as the University (College)’sUniversity’s Department of Athletics (Department) provides generally to its employees of a comparable level. Coach ▇▇▇▇▇▇ agrees to abide by the terms and conditions, as now existing or hereafter amended, of such employee benefits. Coach understands and agrees that financial conditions may require the Chief Executive Officer, in the Chief Executive Officer’s discretion, to institute furloughs or to take such other actions consistent with Board policy as the Chief Executive Officer may determine to be necessary to meet such challenges. In the event of a furlough or other action, the actual salary paid to Coach may be less than the salary stated in Section 3.1.1(a) above.