Dean Jones says:

"Here is the contract package we have agreed upon:

**ONE guaranteed trip to a conference each year for two years

**$1,000 for software to analyze data

**$15,000 for hardware (i.e., special computer processor and other equipment)

**A nine-month salary at the 55th percentile

**One graduate research assistant for THREE calendar years

**You agree to apply for external funding (e.g., a grant from a source outside of the university, such as the National Science Foundation) by July 1 of next year.

**You promise to list our university as (at least) your (co-)affiliation on your current research as well as future research.

**Required to teach four summer sessions, none of which count toward your teaching load

**Five-day a week teaching schedule.

Congratulations, and welcome to our university!

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Critique:

This was a moderately-good deal.  You got a research assistant for three years and got Dean Jones to agree to a revised salary and hardware offer.  In return, you agreed to apply for an external grant and to list the university as your co-affiliation.  Those concessions are "low cost" to you; frankly, you'd probably do those things anyway.  However, you didn't get any concessions on teaching and you could probably have done better on salary.  We recommend that you try again.