II.  Definitions
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III.  Procedures and Regulations

The President, as chief executive officer of the university corporation, has the authority and responsibility for the execution and delivery of all deeds, leases or contracts, by or on behalf of the corporation.  The President may delegate this responsibility to the appropriate financial or academic officers.  No other officer or employee of the university shall have the authority to bind or otherwise obligate the corporation without the express, specific approval of the President.

The President has the authority which he may delegate to the Provost to execute and deliver any and all contracts for the personal services of members of the faculty as well as all proposals for sponsored research or training grants or programs.  The Vice President for Finance and Administration and Treasurer has the authority to execute and deliver any and all deeds, leases and contracts arising out of the normal business operations of the corporation and for which funds are available in the approved budget or other approved sources.  Within limitations, this authority may be further delegated to an Assistant Treasurer and the Associate Vice President for Business Services.

All contracts binding the university or any of its components must by approved by the General Counsel.  This includes academic program-related contracts, business contracts and all contracts to retain workers as Independent Contractors (including the university’s approved form Independent Contractor Agreement).  The General Counsel does not ordinarily review routine forms used to hire workers as employees of the university, such as the university’s Employee Data Form and appointment letters from the Provost or other Vice Presidents.