This form is a generic example of a contract between a College and the Director of Athletics of the College's intercollegiate sports teams. It covers such provisions as:
" Employment Duties;
" Term and Renewal;
" Compensation (both regular and supplemental);
" Duties;
" Ground for Termination and Consequences of Termination
The Maryland Agreement between a College or University and an Athletic Director is a formal contract that outlines the terms and conditions governing the relationship between the educational institution and the individual responsible for overseeing the athletic department. This agreement is essential in ensuring a harmonious and mutually beneficial partnership, enabling both parties to work towards the advancement of the athletic program. There are several types of Maryland agreements that may exist between a College or University and an Athletic Director, including: 1. Employment Agreement: This agreement outlines the terms of employment for the Athletic Director, including duties and responsibilities, compensation, benefits, and terms of termination. 2. Performance-Based Agreement: This type of agreement establishes performance expectations and goals for the Athletic Director. It may include targets related to fundraising, team success, facility improvements, and compliance with academic and ethical standards. 3. Financial Agreement: This agreement specifies financial matters such as the Athletic Director's budget allocation, endorsement contracts, revenue sharing, and expense reimbursement. 4. Facilities Agreement: In cases where facility management falls under the purview of the Athletic Director, this agreement governs the use, maintenance, and improvements of athletic facilities. 5. Compliance Agreement: This type of agreement ensures that the Athletic Director and the institution adhere to all relevant NCAA regulations, conference rules, and state and federal laws governing college athletics. 6. Marketing and Sponsorship Agreement: In collaboration with the marketing department, this agreement defines the parameters for securing sponsorships, utilizing branding opportunities, and managing revenue generated through advertising and licensing agreements. The content of the Maryland Agreement between a College or University and an Athletic Director typically includes: 1. Introduction: Identifies the parties involved, the effective date of the agreement, and highlights the intent to establish a cooperative partnership. 2. Roles and Responsibilities: Clearly outlines the specific duties, authority, and expectations of the Athletic Director, including oversight of recruitment, budget management, staff supervision, compliance, and public relations. 3. Compensation and Benefits: Details the Athletic Director's salary, bonuses, performance incentives, health insurance, retirement plans, vacation, and professional development opportunities. 4. Term and Termination: Defines the length of the agreement, renewal provisions, termination clauses, and conditions that may lead to the termination of the agreement, such as breach of contractual obligations or unsatisfactory performance. 5. Dispute Resolution: Outlines procedures for resolving conflicts or disputes that may arise during the course of the agreement, including mediation or arbitration. 6. Confidentiality and Non-Disclosure: Protects sensitive information and trade secrets by specifying the Athletic Director's responsibilities in handling confidential data related to the college or university's athletic program. 7. NCAA Compliance: Ensures full compliance with NCAA regulations, conference rules, and all relevant local, state, and federal laws governing college athletics. 8. Amendments and Governing Law: Explains the process for amending the agreement and identifies the governing law that will be applied in case of legal disputes. It is important for both the College or University and the Athletic Director to carefully review and negotiate the terms of the Maryland Agreement to ensure a clear understanding of each party's rights, obligations, and expectations.