Sources: Kirk Schulz, 785-532-6220, kirks@k-state.edu; John Currie, 785-532-6912,
jcurrie@k-state.com; Bruce Shubert, 785-532-6226, bshubert@k-state.edu
News release prepared by: Cheryl May, 785-532-6415, may@k-state.edu

Tuesday, Jan. 5, 2010

K-STATE A.D. JOHN CURRIE'S 1xbet online casino COMPLETED WITH FINALIZED INCENTIVE CLAUSES

MANHATTAN -- John Currie, Kansas State University's athletics director since June 2009, recently completed his 1xbet online casino with the signing of an incentive and retention clause that will grant him bonuses when K-State's athletic teams accomplish certain high-level goals. The clause was signed Dec. 3, 2009. It is available online at http://www.k-state.edu/media/newsreleases/jan10/curriecompplan.pdf

Currie signed his initial 1xbet online casino May 18, 2009, and as part of 1xbet online casino contract, Schulz and Currie were to agree upon appropriate incentives within 120 days. 1xbet online casino was extended, and 1xbet online casino agreement on incentives completes his contract.

&1xbet online casino ;We designed this clause of the contract to reward the athletics director when K-State teams meet major goals such as Big 12 championships, football bowl appearances, post-season basketball tournaments and the like,&1xbet online casino ; said K-State President Kirk Schulz. &1xbet online casino ;The incentive component of the contract reflects the high expectations we have for our teams and athletics director.

&1xbet online casino ;Various head coaches earn bonuses based upon athletic-related accomplishments and I felt it was appropriate to reward the athletics director for his leadership,&1xbet online casino ; Schulz said.

&1xbet online casino ;This past May my family and I had a once-in-a-lifetime opportunity to join the Kansas State family,&1xbet online casino ; Currie said. &1xbet online casino ;It certainly has been a busy and exciting first six months. I am grateful for President Schulz and the Kansas State Athletics Board of Directors' confidence in me and for the very warm welcome our family has received in Manhattan. Kansas State University is a destination university and we are blessed that this will be our home for many, many years to come.&1xbet online casino ;

The incentives paid to Currie will be 75 percent of the bonus paid to head coaches and will be limited to no more than 25 percent of his base annual salary in any 1xbet online casino year. The 1xbet online casino also includes a retention incentive payment to reward Currie if he completes a five year term as athletics director. In that case he would receive a single lump sum payment of 0,000 payable within 30 days of June 6, 2014.

&1xbet online casino ;Incentive calculations are performed in June of each year,&1xbet online casino ; said Bruce Shubert, vice president for administration and finance. &1xbet online casino ;Since this summer, we knew this contract component remained to be finalized. Now that it has, we wanted to release it.&1xbet online casino ;

Parties signing include Currie, Schulz and Shubert.