Revised Exhibit A (March 4, 2021)
Merit Incentive Compensation
Pursuant to Section 4.10, Dr. Brown shall be eligible annually for an incentive payment, based upon his performance in measure with the following (weighted equally). The criteria for earning the incentive payment may be adjusted or modified annually according to the timetable in Section 4.10 by the KSU Board of Regents. This Revised Exhibit A replaces all prior exhibits:
Academic Affairs (20% weighting) – Dr. Brown shall permanently fill the vacant Provost position with candidate able to steward the University’s academic enterprises, and reduce the number of related academic units under receivership;
Fiscal Outcomes (20% weighting) – Dr. Brown shall increase the University’s overall fiscal health as evidenced by an increase in total philanthropic contributions, improved fiscal ratios pursuant to HB 303 (2016), no less than a 10% increase in the instructional budget as measured against the prior academic year, and the implementation of fiscal dashboards and procedures to evidence transparency and accountability;
Graduation Rates (20% weighting) – Dr. Brown shall continue to increase the four-year and six-year cohort graduation rates by no less than 10% of the prior academic year;
Strategic Outcomes (20% weighting) – Dr. Brown shall design a comprehensive capital campaign to strengthen the University's private fundraising capacity; and
Student Retention (20% weighting) – Dr. Brown shall provide evidence of both infrastructure and leadership to facilitate enrollment stability for the University.
NOTE: All of the above performance metrics will be measured against the 2019-2020 prior academic year as a baseline, even if they do not appear to be specifically enumerated in the above language.
Employment Agreement, Exhibit A, December 5, 2019
Kentucky State University and M. Christopher Brown II, Ph.D.
CONFIDENTIAL ADDENDUM
Initials: ___ ___
MCB SEF