Date: 16/08/25 - 19:48 PM   48060 Topics and 694399 Posts

Author Topic: Compare Prince's contract to Snyder's  (Read 1619 times)

March 03, 2006, 10:02:58 AM
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michigancat

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COACH' S EMPLOYMENT AGREEMENT

This agreement, is made by and between Kansas State University (Intercollegiate Athletics), hereinafter called "the University," and Bill Snyder, hereinafter called "the Employee".

WITNESSETH:

THAT WHEREAS the University and the Employee have entered into this employment agreement because the University desires to hire the Employee for a period of six (G) years with the Employee's assurance that he will serve the entire term of this employment agreement, a long term commitment by the Employee being critical to the University's desire to run a stable football program. The Employee desires to obtain the opportunities of employment with the University which are set forth in this Employment Agreement. For these reasons, the University has agreed to employ the Employee and the Employee has promised to be employed by the University upon the following terms and conditions:

1.0 Employment:

Subject to the further conditions stated in this agreement, the University hereby employs the Employee as head coach of the men's varsity football team at the University and the Employee hereby agrees to and does accept the terms and conditions for said employment outlined herein. In such capacity, the Employee shall be under the general supervision of the President of the University, hereinafter referred to as "President", and the immediate supervision of the Athletic Director, hereinafter referred to as "Director". The Employee shall perform such duties as may be assigned in connection with supervision and administration of the football program, and such other duties in the intercollegiate athletic program of the University as may be assigned which includes promotional, fund raising and public relations work. The Employee shall confer with the Director on all matters requiring administrative and related decisions. If necessary, the Athletic Director and the Employee may confer with the President.

2.0 Term:

The term of this contract shall be for six (6) years and shall begin on June 10, 2001 and shall terminate at the conclusion of Fiscal Year 2007, subject to the conditions stated herein.

This employment in no way grants the Employee a claim to tenure in employment or any years of employment attributable to tenure within the University.

3.0 Compensation:

3.1 In consideration for services and satisfactory performance of the condition of this contract by the Employee, the University promises to pay the coach:

3.1.1 An annual salary of $201,880 per year effective with the contract in FY2002 payable in bi-weekly installments. Said salary shall be increased annually by normal university procedures for salary increases commencing Fiscal Year 2003.

3.1.2 Employee shall be compensated annually for radio and television shows associated with the employee's football season; employee appearances associated with University related events; 50% of cash payments made to the University for endorsements from University contracts with equipment and apparel manufacturers associated with the football program; and other duties as mutually determined by the employee and the University.

The amount of annual compensation associated with the above shall be $1,298,120 in fiscal year 2002 and market adjustments to meet industry standards will be made annually.

The above annual compensation will be distributed periodically to the employee or SSM, Inc. as mutually determined by the University and employee.

3.1.3 Employee will be eligible to earn the following performance bonuses which shall be paid by the end of the fiscal year in which the bonus is earned.

- Big XII Divisional Conference Championship $25,000

- Big XII Championship $50,000

- Invitation and appearance in a NCAA
Sanctioned post-season Bowl game $25,000
- National Championship $100,000

- Top 10 (final CNN/USA Today poll) .$ 20,000

- Top 20 (final CNN/USA Today poll) $ 10,000 3 .1 .4 Product gift and apparel associated with University contracts with equipment and apparel manufacturers for the football program accrue to employee and his staff.

3.1.5 The University will make available to the football program without charge, use of all football facilities and KSU Stadium on its campus for conduct of a men's football camp once each year and will provide to the program fifty (50) free tickets to each regular season home men's football game and eight (8) free tickets to each regular season home men's varsity basketball game.

3.1.6 The University shall provide a full family membership plus the use of a golf cart at the Manhattan Country Club, with the institution to pay initial fees and monthly membership dues. Actual expenses incurred shall be paid by Employee.

3.1.7 University shall provide individual health insurance to the Employee on the same basis as all other non-academic administrative unclassified employees of the University.

3.1.8 Employee shall be provided by the University two vehicles for use during the term of this contract.

3.2 It is agreed that the compensation paid herein shall be subject to all payroll deductions (i.e.; state and federal taxes, FICA Withholding, and retirement plans) that apply to the University non-academic unclassified administrative employees.

3.3 The Employee shall be eligible to participate in group insurance and retirement programs and voluntary payroll deduction programs on the same basis, and with the same employer contributions, that apply to the University's nonacademic unclassified administrative employees, but only as to Employee's base salary.

3.4 Decisions on coaches and support staff salaries will be at the direction of the Employee consistent with Annual University policy for salary administration and within the budget confines of the department of athletics.

3.5 Employee will maintain control of scheduling and televised games with the mutual consent of the Director of Athletics.

4.0 Release from Contract:

 Employee shall not be released from any of the current terms or obligations associated with this contract in the event that, during the term of this agreement, Employee should decide not to continue as Head Football Coach, except in the event that such decision is mutually agreed upon in writing between Employee and University; is medically necessary; or as provided herein. In the event Employee does unilaterally terminate, employee will pay the University $100,000. If the University chooses to de-emphasize football, (defined as reducing funding for the program considering inflation more than 10% of total expenditures for any given fiscal year, leaving the Big XII Conference for a less prestigious league or becoming classified at a level less than I-A), employee may terminate without paying the above amount. Additionally, if the President leaves the University, the employee shall be able to exercise the right to terminate without paying the above amount ~or one calendar year from the time a new President is appointed.

4.1 If employee is unable to continue as head coach for medical reasons as provided herein, employee will continue as an Athletic Department employee at a compensation rate equal to that of the highest paid administrator beneath the Athletic Director level for the duration of the contract. As an alternative to this extension, a one year leave of absence due to illness may be granted if it is mutually agreed upon by both the employee and the University.

5.0 Employee's Duties:

5.1 In consideration of the annual salary and all other benefits included herein and under the provision of this contract, the Employee does promise and agree as follows:

To faithfully and conscientiously perform the duties assigned by the Athletic Director and the President, including but not limited to the following:

a. Devotion of full time attention and energy to the duties of head football coach as required herein and to the promotion of the University's athletic program in general, and to avoid any business or professional activities or pursuits that will prevent the employee from devoting full time to performance of the duties set forth herein, or which will detract from the duties outlined herein.

b. To recognize and comply with all laws, policies, rules and regulations of and governing the University and its employees and the regulations of and governing the University and its employees and the rules of the National Collegiate Athletic Association and the Big XII Conference, as now constituted or as may be amended during the term hereof. Employee shall also endeavor to ensure that all assistant coaches and any other persons for which the Employee is responsible comply with all aforesaid policies, rules and regulations. Failure to comply with all of the laws, policies, rules and regulations of the Institution, the National Collegiate Athletic Association, or the Big XII Conference, with involved parties' knowledge of the rule that is violated (provided employee endorsed said violation) and if the violation is a major violation and the University is formally sanctioned, will be considered a breach of Employee's contract herein. Remedies available to the University in the event of such violations shall include termination of employment. In that event, the University shall not be liable for the payment of any salary or other additional payments, or installments thereof, to accrue following the end of the month of such termination.

6.0 Termination:

6.1 The University reserves the option to terminate this contract if at any time the Employee, in the opinion of the

University:

6.1.1 Does not  follow the high moral and ethical standards, expected of the Employee as a leading representative of the Department of Intercollegiate Athletics at the Institution (as defined in Appendix D, page 57, of the KSU Faculty Handbook);

6.1.2. Fails to properly comply with any other duties set forth herein.

6.2 If the University terminates the Employee's employment before expiration of this agreement, it shall deliver written notice to the Employee at least thirty (30) days prior to the effective date of such termination. If such termination is for reasons other than breach of contract by the Employee, or the other specific reasons set forth in this Agreement, and/or is unilateral on the part of the University and not by mutual consent, then the University shall continue to pay the compensation as set forth in 3.1.1; 3.1.2; and 3.1.7 for the full term of this contract. All such payments shall be made on the same schedule as if Employee continued to be employed for the full term of this contract. The University shall not be responsible for payment to the Employee of any amounts attributable to radio and television advertisements not associated with coach's radio or television show, or from any other endorsements or income from third parties in the event of such termination.

 6.3 It is hereby agreed that this employment agreement is null and void if during the life of this agreement the Kansas State Football team has three (3) consecutive seasons in which they win three (3) games or less.

7.0 Personal Services:

 The Employee hereby represents to have special, exceptional, and unique knowledge, skill, and ability as a football coach which, in addition to future acquisitions of coaching experience at the institution, as well as the University's special need for continuity in its football program will render the Employee's services unique. The Employee recognizes that the loss of Coach's services to the University, without the University's approval and release, prior to the expiration of the term of this contract or any renewal thereof, would cause an inherent loss to the University which cannot be estimated with certainty, or fairly or adequately compensated by money damages and employee therefore agrees that the amount as stipulated in 4.0 above shall constitute liquidated damages for such loss.

8.0

All notices herein shall be addressed to the parties at the following addresses:

1. University — (in care of Robert S. Krause)
   122 Anderson Hall
   Kansas State University
   Manhattan, KS 66506-0119
2. Employee — Bill Snyder
   2201 Kimball Avenue
   Manhattan, KS 66502

9.0

This Agreement contains the entire understanding of theparties and cannot be changed without written addendum.

10.0 Extension

Before June 30; 2005, employee and the Director of Athletics will discuss the future and negotiate in good faith an extension of the existing contract or, upon the completion of the contract as provided herein, negotiate another position in the Athletic Department.

This Employee's Employment Agreement entered into 18 day of June, 2001.

Kansas State University
By: Robert S. Krause
Vice President for
Institutional Advancement

By: Max Urick
Director of Athletics

By. Bill Snyder
Football Coach

ADDENDUM TO COACH'S EMPLOYMENT AGREEMENT

1. During the life of the contract, Whitney and Shannons' undergraduate education is funded (e.g. undergraduate educational expenses equivalent to room, board, books, resident tuition and fees at KSU to be applied to childrens' school of choice).

2. Use of private suite 301 and all tickets to that suite (301) in the KSU West side press box.

3. Beginning in 2001, the University will pay and provide airplane transportation to Mayo Clinic or Scripps for annual physicals and any medical expenses not covered by your insurance will be provided for by the University.

4. You will be provided six chairback seat tickets for each men's home varsity basketball game; six reserved seat tickets for each women's home varsity basketball game; four Big XII men's and women's basketball tickets and four Big XII four championship game tickets.

5. Beginning in FY2005 an amount of $100,000 spread out across a three-year period will be provided to you or your corporation for the purpose of an annuity.

6. You will be required to take one week annual leave per year and the Department will provide a maximum of $5,000 for expenses during that week for annual leave.

As a matter of clarification, upon completion of the current contract (through the end of FY2007) or in the event that illness results in the end of your coaching years as provided in the contract, the above items would be provided. Additionally, the arrangements for you to be able to purchase health insurance for you and your dependents on the same basis of other departmental employees would continue if you are no longer employed; or as an employee, your benefits in this area would simply continue. We will make every endeavor to secure extended care coverage within our health insurance policy but will be dependent upon the master policy utilized by the Department.

http://www.wildcatdaily.com/Football/article.asp?sectionid=Football/Snyder%20Years/News&id=696-2004-09-30-53943-13




March 03, 2006, 10:04:48 AM
Reply #1

michigancat

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This Employment Agreement is by and among the Intercollegiate Athletic Council of Kansas State University, Inc., ("IAC"), Kansas State University , (the "University") and Ron Prince (the "Coach").

Article I

PURPOSE

1 .01 The parties have entered into this Agreement because the University desires to employ Coach for the period provided with Coach's assurance that he will serve the entire term of this Agreement, a commitment by the Coach being critical to the University's desire to run a stable Athletic program. The University agrees to employ Coach and Coach promises to be employed by the University upon the following terms and conditions.

Article II

RESPONSIBILITIES OF THE HEAD COACH

2.01 Recognition of Duties : Coach will serve as the head coach of the University's football team. Coach will report to the Athletic Director, who will determine Coach's duties and responsibilities. Subject to the other provisions of this Agreement, Coach shall devote his full time, skill and attention to the performance of the duties as Coach.

2.02 General Duties and Responsibilities : During the period in which the University employs Coach, he agrees to perform all duties and responsibilities attendant to the position of Coach of the University's football team as set forth in this Agreement. Coach is responsible for supervising, evaluating, recruiting, training and coaching student athletes to compete against major college competition; the supervision and evaluation of coaching staff; and budget preparation, and administration, for approval by the Athletic Director or his designee, as it relates to the football program.

2.03 Specific Duties and Responsibilities : The duties and responsibilities assigned to Coach in connection with the University's football program are set forth below. They are subject to change by the Athletic Director or his designee. This list of specific duties and responsibilities supplements, and is not exclusive of, other general duties and responsibilities provided for elsewhere in this Agreement. The specific responsibilities of the position include, but are not limited to, the following:

(a) Coach will be responsible for customary coaching decisions including without limitation the systems and strategies used on the field (both in practice and actual game play), conduct of practice and training, selection of team members, position assignment of players, and all other matters relating to the practice for and play of games;

(b) Coach agrees to comply with the academic standards and requirements of the University with respect to the recruiting and eligibility of prospective and current student athletes for the football program. Coach will comply with the academic policies established by the University, including monitoring and encouraging the regular progress toward an academic degree of those student-athletes who are on the football team. Coach will make reasonable and good faith efforts, in cooperation with the University's faculty and administration, to meet all student-athletes' academic requirements and to integrate sports into the whole spectrum of academic life for all student-athletes. Coach will use reasonable efforts to arrange travel and scheduling by student-athletes in such a manner as to minimize lost classroom time;

(c) Coach will make his best effort to maintain and enforce conduct (both on and off the field) and disciplinary rules and sanctions fairly and uniformly for all student athletes in the football program so as to insure academic and moral integrity while encouraging excellence;

(d) Coach has authority and responsibility to make decisions as to the hiring, continued employment, job titles, compensation, and dismissal of assistant coaches for the football program. All such decisions will be subject to the prior approval of the Athletic Director or his designee. Coach will supervise these employees, including the supervision of their compliance with IAC and University policies, and with Big 12 Conference and NCAA rules and regulations;

(e) Coach will attend and participate in a reasonable number of alumni, charitable, and promotional events, and public appearances, to include a minimum of eight (8) Catbacker events annually;

(f) Coach will perform services on television, radio, and other media as such services relate to the position as Head Coach of the football team, as further set forth herein. Further, the parties hereto acknowledge and agree that the University possesses the sole and exclusive ownership rights to the University's football program of any nature, including, but not limited to, the following: radio, television, internet and any other medium whatsoever whether now existing or developed in the future. As such, the University, its agents, representatives, licensees, or assigns, shall have the sole and exclusive rights to produce and market all radio, television, and internet shows relating to the University's football program, and Coach agrees to perform and carry out all duties and responsibilities deemed necessary by the Athletic Director or his designee for participation in such forms of media, marketing, or sponsorship activities, for which Coach shall receive additional compensation as provided for in Sect. 3.02(c).

2.04 NCAA. Big Twelve, or University Rules and Regulations : Coach agrees to abide by and comply with the constitution, bylaws, and interpretations of the National Collegiate Athletic Association ("NCAA"), and all NCAA, Big 12 Conference, and University or Intercollegiate Athletic Council of Kansas State University, Inc. (IAC) rules and regulations. Coach will also ensure compliance with these rules and regulations by student-athletes, assistant coaches, and all other program employees and representatives of the University's athletic interests. In the event that the Coach becomes aware, or has reasonable cause to believe, that violations of such constitution, bylaws, interpretations, rules, or regulations may have taken place, he shall report it promptly to the Athletic Director of the University.

2.05 NCAA, Big Twelve, or University Violations : If Coach is found to be in violation of NCAA rules and regulations, whether while employed by the University or during prior employment at another NCAA member institution, Coach shall be subject to disciplinary or corrective action as set forth in the provisions of the NCAA enforcement procedures. Coach may be suspended for a period of time, without pay, or the employment of Coach may be terminated as provided in Sections 4.02 and 4.03 of this Agreement if Coach is found to have been involved in significant or repetitive violations of NCAA or Big 12 Conference rules and regulations, or University or IAC policies and procedures.

2.06 The Athletic Director shall evaluate Coach annually, in writing, prior to December 5 of each Contract Year, as defined herein, and will discuss the evaluation with Coach. Coach is primarily responsible for evaluation of all assistant coaches and football program staff, with such evaluations subject to review and approval by the Athletic Director or his designee.

Article III

TERM OF EMPLOYMENT, COMPENSATION, AND BENEFITS

3.01 Term of Agreement and Employment :

(a) Subject to the provisions below for termination, the term of employment under this Agreement shall be for five (5) years beginning on the 5th day of December, 2005, and continuing for the 2005-2006 Contract Year (defined below) and for the next immediately succeeding four Contract Years, subject, however, to termination in accordance with the provisions set forth in this Agreement.

(b) The University retains the right to assign Coach to other positions with different duties during the term of this agreement. In no event, however, will Coach be assigned to any position which is inconsistent with his education and experience. If the University makes such a decision to reassign Coach and Coach refuses to accept such reassignment, then the University may terminate this agreement pursuant to the terms and conditions for termination by the University as set forth in Section 4.01 of this agreement. In the event of such termination after Coach refuses to accept reassignment, it is understood by the parties that if Coach becomes employed within one (1) year after termination, Coach must agree to receive reasonable compensation for that type of position and the amount of the University's buy-out shall be reduced by the amount of Coach's compensation in his new position. However, Coach shall be entitled to determine which, if any, employment opportunity he accepts following such termination.

(c) If the football program is placed on probationary status by the NCAA for conduct that occurred in its entirety prior to the time Coach became Head Coach of the program, there shall be an automatic extension to the term of this Agreement equal to the number of years the program is placed on probation. Further, in the event the school and football program is put on probation after the effective date of Coach's hire at the University and for reasons completely unrelated to Coach and predating Coach's hire, for each year that the school is ineligible for the conference championship and/or bowl participation, Coach shall receive the same bonus he would have been entitled to receive but for the NCAA sanctions preventing the team from participation therein if the team would have earned said bonus(es). (i.e. $37,500 — Conference Championship game participation if the team's record would have made them division winners for the season, plus $37,500 — Appearance in a NCAA post-season bowl game if the team's wins qualified, or in the alternative, $37,500 — Appearance in a NCAA post-season bowl game if the team's wins qualified).

(d) As used in this Agreement, the term "Contract Year" is defined to mean the twelve month period commencing each December 5th and ending the following December 4th. Each such Contract Year is designated by the calendar years in which it begins and ends (so that the Contract Year from December 5, 2005 , through December 4, 2006 , is referred to as the "2005-2006 Contract Year").

(e) In the event the University President or the Athletic Director, collectively or individually, leaves the University for any reason whatsoever during the term of this Agreement, Coach shall be entitled to discuss the terms of this agreement with the new University President or Athletic Director, but such event does not obviate the term or conditions of this agreement, and the University shall not be required to renegotiate this Agreement upon the departure of the current University President or Athletic Director.

3.02 Base Salary and Additional Compensation :

(a) As compensation for the services performed under this Agreement, Coach shall be paid a Base Salary of $138,000 for the 2005-2006 Contract Year. Coach shall receive any and all annual raises to his base salary in a percentile amount consistent with Coach ' s annual performance evaluation and the amount awarded to all other similarly situated University employees for subsequent Contract Years under the term of this agreement.

(b) The Base Salary provided for above shall be paid to Coach in accordance with the University's normal payroll procedures.

(c) For each Contract Year under the term of this agreement, Coach will receive additional compensation, paid monthly, in the total annual amount of $612,000, as compensation for his television, radio, internet, shoe and/or apparel sponsorships, consulting, or promotion and other services.

3.03 Exclusivity of Services

(a) Coach agrees that during the term of this Agreement, he will not engage in any outside activities in television, radio, clothing or shoe sponsorships, or internet, except those he is compensated for by the University as described above, unless such activities are expressly approved in writing and in advance by the Athletic Director and the University President, as required by NCAA bylaws, rules and regulations.

(b) Coach agrees that during the term of this agreement he will notify the Athletic Director or his designee of, and obtain permission prior to, any discussions by Coach, his agents or representatives, pertaining to coaching opportunities at any NCAA member institution, or any other coaching or non-coaching positions that may result in termination of his employment at the University. Likewise, Athletic Director or his designee agrees to notify Coach prior to any discussions with other coaches, their agents or representatives pertaining to head coaching opportunities at the University.

(c) Coach agrees that the University shall have the right to use the name, likeness, and image of the Coach in promoting and developing the University's football program, the Athletic program, and in the best interest of the University, including, but not limited to the following: any and all forms of media (whether written, electronic, wireless or any other medium) as well as any University sponsorship agreements provided that such use shall not be in poor taste or reflect negatively upon Coach.

3.04 Fringe Benefits : Coach shall be entitled to the following fringe benefits, which are standard University fringe benefits for head coaches:

(a) Participate in Intercollegiate Athletic Council ("IAC") group insurance and retirement programs and shall be eligible to participate in the voluntary payroll deduction programs as appropriate to Coach's salary as set forth in paragraph 3.02(a);

(b) Two courtesy automobiles comparable in make and model to that provided to men's basketball, women's basketball, baseball and volleyball head coaches, with registration, insurance and business mileage to be paid by the University, or alternatively at the University's discretion, University may provide an $ 8,000 annual allowance per vehicle;

(c) Full membership in the Manhattan Country Club;

(d) Golfing privileges at Colbert Hills Golf Course, as available to IAC;

(e) If available, the use of a private suite at The Bill Snyder Family Stadium and twelve (12) football tickets with one parking pass for each home game and ten (10) tickets for each away game. Coach shall also be entitled to six (6) men's basketball tickets in reserved chair back seats or on specialty rows of chaired seating on court level and a parking pass to Bramlage south lot; six (6) women's basketball tickets in reserved chair back seats or on specialty rows of chaired seating on court level and a parking pass to Bramlage south lot. All tickets are for Coach's personal use only, unless otherwise authorized by the Athletic Director or his designee.

(f) The University will arrange for and pay all reasonable moving expenses to relocate the head coach (household and office) to Manhattan , Kansas using a moving company/contractor to be determined by the University, after Coach receives three bids and submits the same to the Athletic Director or his designee.

(g) The University will pay reasonable, temporary housing expenses for Coach during the transition to his new position at the University, for a reasonable period of time and amount as determined by the Athletic Director or his designee, with said time not to exceed three (3) months.

(h) At times the spouse of Coach may travel with Coach for business or team travel purposes. As long as Coach has prior written approval from the Athletic Director or his designee for such travel, the University will provide such travel expenses for Coach's spouse.

3.05 The fringe benefits are subject to change if and when the University's benefit program changes. Coach's fringe benefits will be calculated on his Base Salary, excluding any additional compensation.


March 03, 2006, 10:07:12 AM
Reply #2

michigancat

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Prince part II:

3.06 Bonuses .

(a) As a bonus, to supplement Coach's compensation, as set out herein, University agrees to pay the following sums, upon attainment of each specified goal. All bonuses are cumulative, but total annual payment of such incentives shall not exceed $250,000:

i.) $37,500 — Conference Championship game participation;

ii.) $37,500 — Conference Championship game win;

iii.) $37,500 — Appearance in a NCAA post-season howl game; or

iv.) $75,000 — Appearance in Bowl Championship Series game, but in the event that the BCS is restructured during the term of this agreement, such bonus will apply to the equivalent post-season bowl game; or

v.) $150,000 — Appearance in Bowl Championship Series title game, but in the event that the BCS is restructured during the term of this agreement, such bonus will apply to the equivalent post-season championship game;

vi.) $10,000 if the team finishes in the Top 25 of the final end of the season poll of the AP or the USA Today/ESPN (this bonus is not cumulative, but the highest level of ranking and the bonus associated therewith will be paid);

vii.) $15,000 if the team finishes in the Top 10 of the final end of the season poll of the AP or the USA Today/ESPN (this bonus is not cumulative, but the highest level of ranking and the bonus associated therewith will be paid);

viii.) $20,000 if the team finishes in the Top 5 of the final end of the season poll of the AP or the USA Today/ESPN (this bonus is not cumulative, but the highest level of ranking and the bonus associated therewith will be paid);

ix.) $25,000 if the home attendance is a "sell-out" for each home game of the entire season.

x.) $200,000 -- Win National Championship (either BCS or AP Poll);

xi.) $25,000 -- Win Conference Coach of the Year;

xii.) $35,000-- Win Coach of the Year award from any one of the following: The Sporting News, Sports Illustrated, ESPN The Magazine, ESPY Award, the Associated Press, American Football Monthly, Street & Smiths, Lindy' s Football Annuals, Athlon 's Football Annuals, espn.com, cbssportsline.comn, ABC Sports, CBS Sports, Fox Sports or collegefootballnews.com;

xiii.) $50,000 -- Win the Bear Bryant Award as the AFCA Coach of the year.

(b) The payments in Section 3.06(a) may be made within thirty (30) days after the conclusion of the last football game of the season, or within thirty (30) days of the award being officially announced, with timing of said payment to be at the discretion of the University.

(c) The parties agree that in the event the football team becomes eligible for a post-season bowl game, one (1) year may be added to this Agreement. In the event that the football team becomes bowl eligible in the third, fourth or fifth Contract Year of this agreement, the parties hereto may agree to extend this agreement for an additional five (5) years.

(d) Upon the successful completion of the initial five (5) year term of this agreement, Coach shall receive a single lump sum payment of $250,000 payable within 30 days of the anniversary date of said agreement (i.e. December 5, 2010). In the event Coach is terminated "with" or "without cause" during the term of this contract, Coach shall not be entitled to such retention incentive.

3.07 Deductions and Withholding .

All payments and benefits from the University and IAC are subject to normal deductions and withholding for state, local, and federal taxes.

Article IV

TERMINATION

4.01 The University has the right to terminate Coach's employment under this Agreement at any time without cause, in which event the University will pay Coach:

(a) A sum in the gross amount of $l,200,000, if termination occurs during or after the 2005-2006 Contract Year; a sum in the gross amount of $900,000, if termination occurs during or after the 2006-2007 Contract Year; a sum in the gross amount of $600,000 if termination occurs during or after the 2007-2008 Contract Year; or a sum in the gross amount of $300,000 if termination occurs during or after the 2008-2009 Contract Year. Acceptance by Coach of this amount will constitute full settlement of any claim that Coach might otherwise assert against the University, or any of its representatives, agents or employees. Any additional years added to this agreement pursuant to Sect. 3.06(c) will not affect this provision.

(b) Except for the obligation to pay to Coach, the amount set forth in Section 4.01 (a), all obligations of the University (to the extent not already accrued or vested) and IAC to Coach shall cease as of the effective date of such termination. In no case shall the University or IAC be liable for the loss of any Additional Compensation, collateral business opportunities or any other benefits, perquisites or income resulting from activities such as, but not limited to, camps, clinics, media appearances, television or radio shows, apparel or shoe contracts, consulting relationships or from any other sources that may ensue as a result of termination without cause of Coach's employment under this Agreement.

(d) All obligations of Coach under this Agreement or otherwise associated with his employment by the University shall cease as of the effective date of such termination.

4.02 The University has the right to terminate the employment of Coach for cause in the event of the following:

(a) Failure of Coach in any material respect to perform the services required of him under this Agreement;

(b) Conviction of Coach of any criminal offense involving fraud; or a felony or an act which results in material injury to the reputation of the University; or an act of dishonesty, which act is materially inimical to the best interests of the University;

(c) Conduct of Coach which offends public decency or morality as shall be determined by the standards prevailing in the community;

(d) Misconduct, unethical conduct, or any other inappropriate or impermissible conduct described in the provisions set forth in Section 4 of the Intercollegiate Athletic Council of Kansas State University, Inc. Employee Manual. The parties agree that the provisions set forth in Section 4, in its entirety, of said Employee Manual are incorporated into this Agreement as cause for discharge under the terms of this Agreement;

(e) Significant or repetitive violation(s) as set forth in Sections 2.04 and 2.05 of this Agreement;

(f) If Coach knows of a serious rule violation of NCAA rules by an assistant coach, staff member, athlete, or other representative of the University's athletic interests and fails to promptly report it to the Athletic Director of the University.

4.03 If the University terminates Coach's employment for cause as specified in Section 4.02, it shall be without liability to Coach, or any other penalty. Specifically:

(a) All obligations of the University to make further payments and/or to provide any other consideration, under this agreement or otherwise, except to the extent already vested, shall cease as of the end of the month in which such termination occurs. In no case shall the University be liable to Coach for the loss of any Base Salary, Additional Compensation, collateral business opportunities, or any other benefits, perquisites or income resulting from activities such as, but not limited to, camps, clinics, media appearances, television or radio shows, apparel or shoe contracts, consulting relationships or from any other sources that may ensue as a result of the University's termination for cause of Coach's employment under this Agreement.

(b) All obligations of Coach under this Agreement or otherwise associated with his employment by the University shall cease as of the effective date of such termination.

4.04 Termination by Coach :

(a) Coach recognizes that his promise to work for the University for the entire term of this five-year Agreement is the essence of this Agreement to the University. Coach also recognizes that the University is making a highly valuable investment in his continued employment by entering into this Agreement and that its investment would be lost if Coach resigns or otherwise terminates his employment with the University prior to the expiration of this Agreement. The parties agree that Coach may, nevertheless, terminate his employment under this Agreement prior to its normal expiration on December 5, 2010 , by giving the University thirty days advance written notice of the termination of his employment and under the circumstances set forth below:

i. If Coach terminates this contract during or after the 2005-2006 Contract Year, Coach will pay to the University within thirty (30) days of such termination a sum in the gross amount of$l,200,000;

ii. If termination occurs after the 2006-2007 Contract Year, Coach shall pay to the University within thirty (30) days of such

termination a sum in the gross amount of $900,000;

iii. If termination occurs after the 2007-2008 Contract Year, Coach shall pay to the University within thirty (30) days of such

termination a sum in the gross amount of $600,000;

iv. If termination occurs after the 2008-2009 Contract Year, Coach shall pay to the University within thirty (30) days of such

termination a sum in the gross amount of $300,000.

Any additional years added to this agreement pursuant to Sect. 3.06(c) will not affect this provision. Acceptance by the University of the amount specified in this subsection will constitute full settlement of any claim that the University might otherwise assert against Coach, his heirs or assigns.

(b) If Coach terminates his employment under this Agreement prior to its expiration in accordance with this provision or Section 3.01, his compensation and benefits, to the extent not already accrued or vested, shall cease immediately.

(c) This Agreement will terminate automatically upon the death of Coach.

(d) Should Coach voluntarily terminate this Agreement because of conditions beyond his reasonable control, such as disability, accident or illness, there shall be no compensation owed by Coach to the University under the provisions of this paragraph

4.04.

Article V

OUTSIDE ACTIVITIES AND INCOME

5.01 Coach may engage in activities outside of his duties for the University and be compensated for those activities, but only so long as those activities do not interfere with performance by Coach of his duties as an employee of the University, or his duties under this Agreement or any University policy. In accordance with NCAA regulations and as set forth in the provisions for Coach's annual appointment to the University, Coach is required to receive, annually, prior written approval from the President of the University for all athletically-related income and benefits from sources outside the institution, which approval will first be sought from the Athletic Director or his designee. Coach's request for approval will be in writing and will include the amount and source of the income. The University agrees that to the extent Coach seeks University consent to engage in any such activity (whether by reason of NCAA rules or otherwise), such consent will not be withheld unreasonably.

5.02 Coach may own and operate a summer football camp at University facilities. The camp must be operated in accordance with the rules, guidelines, policies, and procedures of the IAC, Athletic Department, University, Big 12 and NCAA, and with appropriate financial controls. Within 60 days of the closing of the camp, Coach will provide to the University a full financial accounting of the camp, including a statement of income and expenses, and an accounting of the distribution to University employees and third parties. Coach agrees that he has the right to operate this camp only as long as he is the Head Coach of the football program and that the University will assume the right to operate the camp upon the termination of Coach's employment as Head Coach.

5.03 Coach shall be entitled to utilize University facilities and football game or practice fields in his operation of his camp(s), as provided herein. The University agrees to not schedule any competing events of any type whatsoever on said fields during the times of said camps. The manner means, and details of the camp must be submitted to and approved by the University prior to the camp being advertised. Coach shall be responsible for any and all facility or other fees and/or expenses (including but not limited to such items as clerical assistance, copy expenses, office supplies, administrative costs, residence halls, swimming pools, practice site etc.) and equipment usage assessed by the University for said camps. The University agrees to charge a commercially reasonable rate, as determined by the Athletic Director or his designee, for the expenses referred to above. At the discretion of the Athletic Director or his designee, the University may agree to place advertising and links to camp websites on the University's official athletic website(s).

Article VI

SCHEDULING GAMES

6.01 Coach shall have primary responsibility for the game schedule for the football team. All scheduling provisions will be reviewed by Coach with the Athletic Director or his designee, and shall be subject to final approval by the Athletic Director.

March 03, 2006, 10:07:39 AM
Reply #3

michigancat

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    You can't be racist and like basketball.
Prince Part III:


Article VII

ASSISTANT COACHES

7.01 Coach shall receive a salary pool for nine (9) assistants in the total amount of $1,250,000 per year and has the authority to recruit, hire, and retain such staff, subject to annual evaluation by Head Coach and with approval of the Athletic Director or his designee. Except for the four (4) coaching positions listed below, such staff will be awarded one-year contracts:

(a) For the following positions: Offensive Coordinator, Defensive Coordinator, Recruiting Coordinator, and Assistant Head Coach, these coaches will receive, subject to annual evaluation by the Head Coach and approval by the Athletic Director or his designee:

• Contracts for a term of three (3) years, with the following buyout clauses: 6-months base salary if the coach leaves in the first

Contract Year, decreasing to 3-months base salary in the second Contract Year;

• Retention bonuses as follows: at the end of the third Contract Year, 3-months base salary;

(b) All assistant coaches will be entitled to receive:

• One auto provided to each coach by the University, or a car allowance of $8,000 per year, to be determined at the Athletic Director's

discretion. In the event that a coach leaves prior to the end of a year in which he has received a total car allowance, the coach shall repay the University on a pro-rata basis the unused months of the car allowance;

• A Social Membership at the Manhattan Country Club;

• Golfing privileges at Colbert Hills Golf Course, as available to IAC;

• The University will arrange for and pay reasonable moving expenses to relocate the assistant coaches to Manhattan , Kansas using a moving company/contractor to be determined by the University, after each coach receives three bids and submits the same to the Athletic Director or his designee. This amount is to be repaid if an assistant coach were to leave voluntarily prior to the end of the first Contract Year.

• The University will pay reasonable, temporary housing expenses during the transition to their new positions at the University, for a reasonable period of time and amount, as determined by the Athletic Director or his designee, not to exceed three (3) months.

• Signing bonus of $5,000, to be paid from Coach's $1,250,000 budget for staff, with such signing bonus to be repaid if an assistant coach were to leave voluntarily prior to the end of the first Contract Year.

• Each assistant coach may receive up to six (6) complimentary tickets to all regular season Kansas State University athletic events, pursuant to IAC policy. Additionally, the Head Coach shall receive 50 tickets for each home football game to disseminate among his assistant coaches as he sees fit. Such tickets must be used by the coaching staff for their personal use only.

• Incentives: Assistant coaches will be entitled to receive the following incentive bonuses, which are cumulative:

i.) 1/12 of annual base salary for Conference Championship game participation;

ii.) 1/12 of annual base salary for Appearance in a NCAA post-season bowl game;

iii.) 1/12 of annual base salary for Appearance in Bowl Championship Series game.

7.02 Coach will manage the operating and recruiting budget for the football program, with such budget to be consistent with prior budgets for the University's football program and subject to the final approval by the Athletic Director or his designee.

7.03 As set forth in Section 9.04, these provisions are intended only to outline the agreement between Coach and the University and may not be enforced by, or on behalf of, any third-party beneficiary of the agreement.

Article VIII

FOOTBALL PROGRAM RECORDS AND MATERIALS

AND UNIVERSITY TRADEMARKS

8.01 All materials or articles of information, including, without limitation, personnel records, recruiting records, team information, films, statistics or any other material or data furnished to Coach by the University, or developed by Coach on behalf of the University or at the University's direction or for the University's use or otherwise in connection with Coach's employment hereunder, shall remain the sole property of the University.

8.02 Nothing in this Agreement shall constitute permission or license for Coach to use or to authorize third parties to use the University's trademarks in connection with any outside employment. A license to use the University's trademarks must be obtained from and approved by the appropriate University trademark and licensing officials, or any agent of the University authorized to contract on its behalf. Further, nothing in this Agreement shall constitute permission or license for Coach to modify or change any existing trademarks or to create new trademarks for the University or its football program without the express written consent of the University President and Athletic Director, or their designees.

Article IX

MISCELLANEOUS

9.01 This Agreement will be governed by and construed in accordance with the laws of the State of Kansas .

9.02 Whenever possible, each provision of this Agreement will be interpreted in such manner as to be enforceable, valid and legal under applicable law. If any provision of this Agreement is held by a court of competent jurisdiction to be unenforceable, invalid or illegal in any respect under applicable law, such unenforceability, invalidity or illegality will not effect any other provision of this Agreement and this Agreement will be construed as if such unenforceable, invalid or illegal provision had never been continued in this Agreement.

9.03 This Agreement shall not be assigned by either party.

9.04 This Agreement is for the sole benefit of the parties hereto and may not be enforced by any third party.

9.05 The section and paragraph headings contained in this agreement are for reference purposes only and will not affect in any way the meaning or interpretations of this Agreement. The recitals at the beginning of this Agreement are, and shall be construed as, substantive provisions of this Agreement.

9.06 With the exception of the provisions of each annual appointment entered into by and between Coach and the University which are hereby incorporated by reference, this Agreement supersedes all prior agreements with respect to the subject matter hereof and constitutes the entire agreement between the parties hereto and may be modified only in a writing signed by the President of the University, the Athletic Director, and Coach.

9.07 Coach acknowledges that he has read and understands the foregoing provisions of this Agreement, that such provisions are reasonable and enforceable, and that he agrees to abide by this Agreement and the terms and conditions set forth herein.

Executed as of the 28th day of February, 2006.

Signed:

Date: Dec. 23, 2005

http://www.wildcatdaily.com/view/article.asp?sectionid=Home/News&id=127-2006-03-02-38349-35

March 03, 2006, 10:26:49 AM
Reply #4

kougar24

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    shame on you, non-believers
Yeah, like we're going to read that.

March 03, 2006, 11:51:17 AM
Reply #5

Zappa Cat

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I read the Prince contract yesterday, haven't really looked at Snyder's that close.
The biggest difference that I noticed was "coach" vs "employee" and the fact that they forced Snyder to take a 1 week vacation per year.

I did notice that the total amount of the assistant salaries was more than the stated allotment for their salaries, and that didn't even include the $5000 bonuses.