Dean Jones says:

"On second thought, I need you in the classroom and in the lab.  We will leave the sales to the professionals that our university contract with...I'll raise your salary to the 81st percentile instead.  That should more than replace any revenue you "miss out on" from royalties from the product sales.

Therefore, this is the contract package I'd like to offer you:

 **THREE guaranteed trips to conferences each year for two years

 **$1,400 for software to analyze data

 **$19,720 for hardware (i.e., special computer processor and other equipment)

**One graduate research assistant for three years

**A nine-month salary at the 81st percentile

 **Required to teach one summer session, which does not count toward your regular, academic-year teaching load

 **Three-days-a-week teaching schedule for Fall and two-days-a-week teaching schedule for the following Spring.

**It is understood that all royalties and licensing fees resulting from any commercial by-products of the research will go to the college."

Your Response:

1.    It is good...I will accept your kind and generous offer.

2.    I would really like you to pay for one professional membership per year -- it costs about $200.  Also, I'd like a $500 book allowance...

3.    You've been very generous with funding everything related to the lab.  Is there anything that you need?  I want to be helpful...