While University of Central Florida’s President, John C. Hitt’s tenure is coming to an end, this does not mean his time at the university is over.

In an employment agreement obtained by Knight News, Hitt will now serve as the President Emeritus after he officially resigns as the president of the university.

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Effective July 1, 2018, just one day after he retires as president, Hitt has signed a one year $300,000 deal to continue working at UCF in a limited capacity, according to UCF Assistant Vice President Chad Binette.

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In this new role, Hitt will oversee:

a. Consultation/participation with the UCF Foundation on major gift solicitations.
b. Appearance/presentations at significant university events.
c. Consultation with Board and staff regarding implementation of the university strategic plan.
d. Consultation with incoming president regarding university history and operations.
e. Assistance with partnership projects.

According to the document, this contract includes an option for a one year extension.

To see the full contract Click the link below:

Employment Agreement – President Emeritus10-25-17 clean