This publication represents a complete guide to crafting well-written, comprehensive contracts for hiring and retaining successful presidents. The author's timely and practical book covers what it is like to be a college president today; the basics of a good contract; terms of appointment; expectations, assessment, and evaluation; compensation and benefits (standard and enhanced); termination clauses; and the characteristics of a successful tenure. Survey results from 477 community college presidents, survey instrument, and index are included. Following a foreword (George Boggs and Noah Brown), preface (Narcisa A. Polonio and Lynda Stanley), and introduction, the book contains 11 chapters: (1) The Presidency; (2) Contract Basics; (3) Term of Appointment; (4) Expectations and Evaluation; (5) Compensation; (6) Standard Benefits; (7) Enhanced Benefits; (8) The Termination Clause; (9) Mediation and Arbitration; (10) Ethics and Leadership; and (11) A Successful Tenure. (Contains 5 tables.) [For the first edition of this book (2003), see ED475541.]