Terminal Agreement Program Procedures

Develop summary outlining any Faculty Member / Academic Professional on Continuous Appointment to whom the Terminal Agreement will be offered, including justification for use of Terminal and the incentive payment to be offered

Chancellor or Dean in consultation with Chief Financial Manager, and other stakeholders as needed

Review Terminal justification and approve or deny the use of the Terminal

Chancellor or Provost

Extend the Terminal offer to Faculty Member / Academic Professional on Continuous Appointment, inclusive of incentive details.

HR Lead or Dean / Chancellor designee

Consider Terminal and confirm interest in participation prior to the stated deadline

Faculty Member / Academic Professional on Continuous Appointment

Negotiate End Date

Faculty Member / Academic Professional on Continuous Appointment and Dean / Chancellor designee

Create and distribute Agreement & Release to Faculty Member / Academic Professional on Continuous Appointment 

HR Lead

Return completed Agreement to HR Lead by date specified

Faculty Member / Academic Professional on Continuous Appointment

Sign Release on End Date

Faculty Member / Academic Professional on Continuous Appointment

Coordinate processing of incentive and HCSP payment upon receipt of Agreement and Release from HR Lead 

OHR