Section 10Sec./Art. 10

The University shall be headed by a president who shall render full-time service. He shall be appointed by the Board upon the recommendation of a duly constituted search committee. He shall hold office for a term of four (4) years.

In case of vacancy in the office of the president by reason of death, compulsory retirement, resignation, removal for cause or, incapacity of the president to perform the functions of his office, the Board shall have the authority to designate an officer-in-charge of the University pending the appointment of a new president.

In case of vacancy in the office of president as mentioned in the immediately preceding paragraph, his successor shall hold office for the unexpired term only.

The powers and duties of the president of the University, in addition to those specifically provided in this Act, shall be those usually pertaining to the office of the president of similar universities, and those delegated by the Board.

The salary of the president of the University shall be in accordance with the Revised Compensation and Position Classification System and shall be comparable to that being received by till presidents of similar educational institution of like enrollment and standing.

The incumbent president of the University at the time of this Act shall take effect, whose term may be terminated according to this Act, shall be entitled to full retirement benefits under existing laws.