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
A North Carolina Agreement between a College or University and an Athletic Director is a legally binding document that outlines the terms and conditions of the employment relationship between the two parties. This agreement serves as a roadmap for the athletic director's responsibilities, compensation, and job expectations within the educational institution's athletic department. Several types of agreements can exist, including: 1. Employment Agreement: An employment agreement sets forth the terms of the athletic director's employment, such as their title, position, reporting structure, and starting date. It may also include provisions on the duration of employment, resignation or termination procedures, and any restrictive covenants, such as non-compete or non-disclosure clauses. 2. Duties and Responsibilities: This section of the agreement describes the specific responsibilities and duties that the athletic director is expected to carry out. This may include overseeing athletic programs, developing strategic plans, managing budgets, coordinating with coaches and staff, promoting athletic events, recruiting athletes, and maintaining compliance with NCAA rules and regulations. 3. Compensation and Benefits: The agreement details the compensation package and benefits provided to the athletic director. This includes their base salary, performance-based bonuses, health insurance, retirement plans, and any other additional perks or allowances. It may also outline conditions for salary reviews, renegotiation, or potential raises based on specific criteria or institutional success. 4. Term and Termination: This section defines the duration of the agreement and outlines the circumstances that can lead to its termination. It may include provisions for early termination, severance packages, or notice periods required by either party. Additionally, it may outline conditions for automatic renewal or non-renewal of the agreement, including performance evaluations or mutual agreement requirements. 5. Code of Conduct and Ethical Obligations: To ensure adherence to ethical standards and protect the integrity of the athletic program, this section establishes a code of conduct that the athletic director must follow. It may address conflicts of interest, compliance with NCAA regulations, ethical behavior, and any strict protocols related to recruiting, marketing, or financial matters. 6. Dispute Resolution and Governing Law: This clause outlines the procedures for handling disputes arising from the agreement and specifies the jurisdiction and applicable laws governing the agreement. It may provide options for mediation, arbitration, or litigation when resolving conflicts. It is important to consult legal professionals when drafting or negotiating a North Carolina Agreement between a College or University and an Athletic Director. These agreements should be tailored to the specific needs and requirements of the educational institution and the athletic director, ensuring a clear understanding of the expectations and obligations for both parties involved.