Some interesting tidbits in that Applewhite contract.
http://footballscoop.com/news/major-applewhite-contract/
Applewhite gets a "deferred compensation" bonus each year, meant to essentially act as a retention bonus. It's $250,000 per year, that ends when he is let go, but is pro-rated. He needs to receive it within 30 days of his termination, but another provision in the agreement says a lump-sum of 60 days, so my guess is they actually have 60 days since he was terminated. Basically, he's getting a $250,000 lump sum payout soon.
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Applewhite had to notify his AD of interest from any other job and get written permission from his AD before he or his agent could discuss any job.
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Here is where it talks about the fact UH has 60 days- rather than 30- to pay the lump sum after termination without cause. The only benefit I was able to find the contract for coach to wait to announce is the duty to mitigate would reduce the amount UH pays him each month.
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Here is the duty to mitigate, which stipulates Applewhite must look for gainful work as a HC or assistant, and any monies paid while employed in that position would be reduced from the amount that UH is liable for.
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I've put a lot of work into writing something up on Applewhite's history and reviewing his contract, so I still hope and believe he will be the guy.