next regularly scheduled meeting of the Board the (1) notice of termination, (2) request for reconsideration, (3) Committee rebuttal, if any, and (4) the final decision of the President. No formal evidentiary hearing will be conducted. Any appeal will be considered by the Board on the basis of the documentation provided and a final decision rendered.

If, within ten (10) business days after receiving the notice of termination, the tenured faculty member makes no written request for reconsideration, his or her employment shall be terminated upon approval on the date of the Board meeting specified in the notice.

B. Staff – Pursuant to KSU’s Human Resources Policy Manual, employment at the University is at-will, and as such, terminated staff members shall not have a right of appeal.

Regardless of the provisions of any other sections of KSU's handbooks and/or policies, upon Board approval, the employment of any employee terminated pursuant to procedures established within the Financial Exigency Policy is final. This policy and procedure hereby supersedes and replaces in its entirety any and all previous policies of the like.

An employee having been terminated because of financial exigency shall be eligible for all applicable University benefits consistent with personnel policies in effect at the time of termination.

Business Day: A business day in this policy shall be defined as a day during which KSU offices are open.

Financial Exigency: Financial exigency in this policy shall be defined as a significant decline in the financial resources of an institution that fundamentally compromises the academic integrity of the institution as a whole, that cannot be alleviated by less drastic means than the termination of staff and faculty, including tenured faculty appointments, and that affects the university as a whole and threatens its ability to carry out its fundamental educational mission.

Financial Exigency Committee: A committee created by the President consisting of his/her Council members and/or other direct appointments for the purpose of developing a financial exigency plan in accordance with this policy.

Financial Exigency Plan: A plan to alleviate immediate financial burdens necessary to ensure the continued viability and mission of the University.

University: University in this policy shall be defined as Kentucky State University.