ARTICLE T - The President's Fund

T.1              On the recommendation of the Dean, in consultation with the Head, the Provost, in each year of this agreement, in order to retain a member may increase the normal salary of up to eight (8) individual members by an amount not to exceed the greater of ten percent (10%) of her/his normal salary or ten thousand dollars ($10,000).

T.2              Within thirty (30) days of the awarding of a salary increase from the President’s Fund, the Office of the Provost shall notify the Association of the name of the recipient, the amount of the salary increase, and the effective date of the salary increase.