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
An Oklahoma Agreement between a college or university and an Athletic Director is a legally binding contract that establishes the roles, responsibilities, and expectations between the institution and the individual hired to oversee and manage the athletic department. This agreement outlines the rights and obligations of both parties involved, ensuring clarity and transparency in the working relationship. It covers various aspects, including executive decision-making authority, compensation, term of employment, termination procedures, employee benefits, and performance evaluation. — Executive Decision-Making Authority: The Oklahoma Agreement clarifies the Athletic Director's authority in making executive-level decisions regarding the athletic department. This may include responsibilities such as hiring and firing coaching staff, athletic recruitment, budget management, and strategic planning. — Compensation: The agreement specifies the salary and benefits package the Athletic Director will receive for their services. This could encompass the base salary, bonuses, incentives, retirement plans, health insurance, and other perks agreed upon by both parties. — Term of Employment: The duration of the agreement is documented, indicating the length of time the Athletic Director will serve in their position. It may specify an initial term as well as any provisions for contract renewal or extension. — Termination Procedures: The agreement outlines the procedures and conditions under which either party can terminate the contract. This may include scenarios such as breach of contract, resignation, retirement, or termination for cause (e.g., misconduct or performance-related issues). — Employee Benefits: The agreement defines the benefits and perks the Athletic Director will be entitled to. This could involve paid leave, vacation days, sick leave, sabbatical opportunities, professional development assistance, and other benefits commonly provided by the institution. — Performance Evaluation: The agreement may include provisions for regular performance evaluations, typically conducted by the college or university administration or a designated committee. It establishes the criteria by which the Athletic Director's performance will be assessed, such as athletic program success, budget management efficiency, compliance with regulations, and leadership qualities. Different types of Oklahoma Agreements between a college or university and an Athletic Director may include variations based on the specific requirements and circumstances of the institution. For instance, agreements may differ in terms of compensation structure, termination clauses, or the inclusion of additional responsibilities such as fundraising or community engagement. In summary, an Oklahoma Agreement between a college or university and an Athletic Director serves as a comprehensive document that establishes the parameters and expectations of the employment relationship. Its purpose is to ensure both parties understand their respective roles and obligations, fostering a productive and successful athletic program within the institution.
