Herman must pay a $2.25 million buyout if leaves for another job before Feb. 28, 2018, according to details obtained Thursday by the Houston Chronicle through a Freedom of Information Act request.
The buyout amount decreases to $1 million on Feb. 28, 2019, and $500,000 on Feb. 29, 2020."
Edit: the above is incorrect per the UH athletics website:
In addition to the compensation increase, the amendment shifts the initial contract’s buyout of $2.25 million end date from Feb. 28, 2018 to Feb. 28, 2019, with an increased buyout of $2.5 million for prior to Feb. 28, 2017. The amended agreement calls for the $2.5 million buyout to be reduced by 25 percent if the planned $20 million indoor facility project is not approved by the Board of Regents by Sept. 1, 2016 and the $2.25 million buyout to be reduced by 50 percent if construction of the indoor football practice facility is not at or near completion by Dec. 1, 2017, and reduced by 75 percent if the facility is not at or near completion by Dec. 1, 2018.