As consideration for satisfactory performance of the services and conditions described herein, the annual salary for the position of HEAD FOOTBALL COACH is hereby set as follows:
Coach shall receive an annual salary of $88,000 for the period beginning February 1, 2023, and ending January 31, 2024.
Coach shall receive an annual salary of $88,000 for the period beginning February 1, 2024, and ending January 31, 2025.
Coach shall receive an annual salary of $88,000 for the period beginning February 1, 2025, and ending January 31, 2026.
This salary is based on a full-time, twelve-month period commencing on February 1, 2023. Coach's salary shall be paid by direct deposit on a monthly basis and on the normal pay dates for other KSU personnel.
Coach shall be entitled to any supplemental or fringe benefits generally made available to regular full-time, exempt employees of KSU, pursuant to University Policies, with such benefits including, inter alia, insurance and retirement benefits. Neither the Board of Regents nor KSU shall be responsible for any other compensation or monetary benefit of any kind to Coach unless such other compensation or benefit is specifically set forth herein. Coach shall be responsible for paying any local, state, and federal personal income taxes, or any other taxes due or owed as a result of his receipt of any compensation or benefits paid pursuant to this Agreement.
Coach acknowledges that during the term of this Agreement, the Athletic Director has the right to unilaterally reassign other Athletics Department-related duties to Coach in accordance with his skills and qualifications. The Athletic Director shall provide reasonable notice to Coach of such reassignment, which shall not be predicated upon any condition precedent to such assignment. Any reassignment serves as an authorized personnel action of KSU and may be performed, in the best interest of KSU, for any reason deemed satisfactory by KSU, or for no reason. Should such reassignment occur, KSU agrees to compensate Coach according to the same salary set forth in this Agreement. In the event of such a reassignment, any public statements or announcements shall be mutually agreed upon in writing.
Coach shall be entitled to all vacation, sick, and holiday leave and fringe benefits offered to other KSU employees, which include, inter alia, insurance and retirement benefits in accordance with University Policies. Coach shall be eligible for salary increases during the term of this Agreement at such times and in such amounts, if any, as determined by KSU's President in his sole and absolute discretion.
KSU shall reimburse Coach for all travel and out-of-pocket expenses reasonably incurred by him for the purpose of, or in connection with, the performance of his duties as described in this Agreement. Upon KSU's receipt of vouchers and other required documents from Coach which itemize his incurred expenses in reasonable detail, reimbursement shall be made in accordance with the travel policy of KSU, the laws and regulations of the Commonwealth of Kentucky, and the regulations of the NCAA.
5