This form is a generic example of a contract between a College and the Director of Athletics of the College's intercollegiate sports teams. It covers such provisions as:
" Employment Duties;
" Term and Renewal;
" Compensation (both regular and supplemental);
" Duties;
" Ground for Termination and Consequences of Termination
The Guam Agreement between College or University and Athletic Director is a comprehensive contract outlining the terms and conditions of the relationship between the educational institution and the athletic director. This agreement establishes a clear understanding of the responsibilities, rights, and obligations of both parties involved. In this agreement, the college or university appoints the athletic director to oversee and manage all aspects of the athletic programs within the institution. The athletic director takes charge of planning, organizing, and executing athletic events, ensuring compliance with all applicable rules and regulations. The Guam Agreement typically includes the following key provisions: 1. Appointment and Duties: This section outlines the appointment process, specifying the starting date and the terms of employment for the athletic director. It further details the scope of responsibilities and duties entrusted to the athletic director, which may include managing budgets, hiring coaching staff, coordinating schedules, and maintaining compliance with athletic associations and governing bodies. 2. Compensation and Benefits: The agreement defines the salary, benefits, and any additional compensation the athletic director is entitled to. It may include components such as bonuses based on athletic program performance, allowances for travel expenses, healthcare benefits, and retirement plans. 3. Performance Evaluation: This clause establishes the mechanism for evaluating the athletic director's performance, typically through regular reviews conducted by the college or university administration. It outlines the evaluation criteria, frequency of assessments, and the potential consequences for poor performance or breach of obligations. 4. Confidentiality and Non-Disclosure: This section establishes the confidentiality obligations of the athletic director, ensuring that sensitive information or trade secrets of the educational institution are not disclosed to third parties, preserving the integrity and reputation of the institution. 5. Termination and Severance: The agreement defines the circumstances under which the contract may be terminated, such as breach of contract, non-performance, or resignation. It also outlines the severance package that may be provided to the athletic director upon termination, considering factors such as length of service and overall performance. Different types of Guam Agreements between a College or University and Athletic Director may include variations tailored to specific institutions. These may encompass agreements for Division I, Division II, or Division III athletic programs, each with their own unique guidelines, expectations, and compliance regulations. Additionally, the agreement may vary depending on whether the athletic director is employed on a permanent, temporary, or contract basis. Overall, the Guam Agreement between the College or University and Athletic Director serves as a vital document ensuring a harmonious and productive relationship, fostering the growth and success of the athletic programs within the educational institution.
