Common use of Early Termination of Head Coach Contract Clause in Contracts

Early Termination of Head Coach Contract. The University and a coach may, at the time of granting a multi-year appointment, agree to a liquidated damages provision for termination of the coach’s appointment prior to the expiration of the appointment. Said liquidated damages shall be a minimum of one (1) year’s pay or 40 percent (40%) of the value of the remaining term of the appointment, whichever is greater, or in the case of a head coach with less than one (1) year remaining on the term of appointment, said coach may, at the University’s discretion, be paid the balance of salary and benefits due for the term of the appointment. This provision shall be included in the appointment letter of head coaches. The AAUP shall receive a copy of said appointment letters. Nothing precludes the head coach and the University from agreeing to a termination provision that exceeds the minimum terms noted above. In such case(s), the appointment letter shall reflect the agreed upon terms.

Early Termination of Head Coach Contract. The University and a head coach may, at the time of granting a multi-year appointment, agree to a liquidated damages provision for termination of the coach’s appointment prior to the expiration of the appointment. Said liquidated damages shall be a minimum of one (1) year’s pay or 40 percent (40%) of the value of the remaining term of the appointment, whichever is greater, or in the case of a head coach with less than one (1) year remaining on the term of appointment, said coach may, at the University’s discretion, be paid the balance of salary and benefits due for the term of the appointment. This provision shall be included in the appointment letter of head coaches. The AAUP shall receive a copy of said appointment letters. Nothing precludes the head coach and the University from agreeing to a termination provision that exceeds the minimum terms noted above. In such case(s), the appointment letter shall reflect the agreed upon terms.