- (d)(d) If any fringe benefit, or the value thereof, is based, in whole or in part, upon the compensation paid to Dr. Akakpo, any outside income received by Dr. Akakpo in accordance with the provisions of Section 6.4 of this Agreement shall not be included in the compensation for purposes of calculating such benefit.
Notwithstanding the foregoing, nothing in this Agreement shall restrict the University's right to amend or terminate any benefits plan or program.
Section 4.4: University Vehicle: The University shall provide Dr. Akakpo with a monthly allowance of One Thousand Two Hundred Fifty Dollars ($1,250.00) in lieu of obtaining and maintaining an automobile for Dr. Akakpo’s work-related travel.
Section 4.5: Vacation/Sick Leave: Dr. Akakpo shall accumulate vacation leave at a rate of twenty (20) days per year. Dr. Akakpo shall accumulate sick leave in accordance with University personnel policies.
Section 4.6: Official Residence at Hillcrest:
- (a)The University will provide the campus building designated as Hillcrest for Dr. Akakpo to reside in during the Term of this Agreement. Dr. Akakpo is permitted to house members of his immediate family at Hillcrest.
- (b)However, due to Hillcrest's need for renovations at the time of this Agreement's execution, the University agrees to pay Dr. Akakpo a monthly stipend in the amount of Two Thousand Dollars ($2,000). Said stipend shall be paid to Dr. Akakpo until reasonable renovations have been completed.
- (c)Upon completion of the renovations as described in Section 4.6.b, the terms and conditions of Section 4.6.d shall apply.
- (d)Dr. Akakpo is permitted to have occasional guests lodge at Hillcrest, provided that said lodging is not for an extended period longer than intermittent visitation. The University shall pay for all utilities, upkeep, and necessary University-related entertainment expenses incurred at the residence. The University shall pay for all maintenance and operating expenses, including groundskeeping, general maintenance, housekeeping, and all utilities, including local and long-distance telephone (other than for personal use), cable, internet, electricity, gas, and water. The University shall be responsible for any real estate tax liabilities. The University reserves the right to make any repairs or improvements it deems necessary. Dr. Akakpo shall seek prior approval from the Board before undertaking any capital improvements to Hillcrest or its grounds. The University shall maintain liability insurance for the residence. Any improvements shall be subject to, and shall be made in compliance with, all relevant laws, policies, and procedures. To the extent renovations to Hillcrest are ever required again, the University shall provide Dr. Akakpo with a temporary monthly stipend in the amount of Two Thousand Dollars ($2,000.00) until such renovations are complete. The University will furnish Hillcrest, including the family areas therein, unless Dr. Akakpo elects to use his own furniture. Hillcrest shall be available, and shall be used for, University-related business and entertainment on a regular and continuing basis. Costs associated with such University events shall be paid by the University from state funds or private funds, as appropriate. The University shall be responsible for upkeep and cleaning services in accordance with University policies. In the event that Dr. Akakpo's employment with the University is terminated, whether