Common use of Bonus Pay Clause in Contracts

Bonus Pay. A university may establish a bonus pay schedule to pay Division I Head Coaches for winning a championship, qualifying for the final four of a national championship, qualifying for a national championship final game, and/or winning a national championship. If a bonus pay schedule is established, it will provide the same bonus amounts for the same accomplishments for the head coaches of the Men’s and Women’s teams of the same sports. Aggregate bonus pay for any head coach in a Fiscal Year must not exceed fifteen percent of step forty-five (45) of the salary schedule.

Bonus Pay. A university may establish a bonus pay schedule to pay Division I Head Coaches for winning a championship, qualifying for the final four of a national championship, qualifying for a national championship final game, and/or winning a national championship. If a bonus pay schedule is established, it will provide the same bonus amounts for the same accomplishments for the head coaches of the Men’s and Women’s teams of the same sports. Aggregate bonus pay for any head coach in a Fiscal Year must not exceed fifteen percent of step forty-five (45) 45 of the salary schedule.

Bonus Pay. A university may establish a bonus pay schedule to pay Division I Head Coaches for winning a championship, qualifying for the final four of a national championship, qualifying for a national championship final game, and/or winning a national championship. If a bonus pay schedule is established, it will provide the same bonus amounts for the same accomplishments for the head coaches of the Men’s and Women’s teams of the same sports. Aggregate bonus pay for any head coach in a Fiscal Year must not exceed fifteen 15 percent of step forty-five (45) 45 of the salary schedule.