Dean Jones says:

We might compromise...Suppose I revise your teaching schedule a bit...

If you will agree to supervise FOUR independent study  research projects, then I will agree to the following: 

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

**$1,400 for software to analyze data

**$16,700 for hardware (i.e., special computer processor and other equipment)

**A nine-month salary at the 64th percentile

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

**Two-day-a-week teaching schedule.  I trust that this will be acceptable to you...Welcome to our university!"

Critique: 

This was a very good agreement for you.  You got a high salary.  You also got the maximum possible for software and a pretty good amount for hardware.  Perhaps best of all, you got a two-day-a-week teaching schedule and must supervise only four independent study research projects, which you might be able to turn into publishable papers.