(1) All full-time employees of Foothills Technical Institute on June 30, 2003, shall become employees of Arkansas State University-Beebe on July 1, 2003. Upon the merger, Foothills Technical Institute employees shall become Arkansas State University-Beebe employees and therefore have the same rights and opportunities as other Arkansas State University-Beebe employees.
(2) A person employed by Foothills Technical Institute on June 30, 2003, shall be employed by Arkansas State University-Searcy effective July 1, 2003, if: Job performance is satisfactory; and
(3) Student enrollment in the program is satisfactory.
(4) On July 1, 2003, a vice chancellor position of Arkansas State University-Searcy shall be established. The Vice Chancellor of Arkansas State University-Searcy will be a member of the senior management team at Arkansas State University-Beebe. The President of Foothills Technical Institute as of June 30, 2003, shall be the Vice Chancellor of the Arkansas State University-Searcy campus.
(5) The vice presidents of Foothills Technical Institute on June 30, 2003, shall become directors for the Arkansas State University-Searcy campus.
(6) The employees of Foothills Technical Institute as of June 30, 2003, who were the president and vice presidents shall retain and continue to receive: All options, rights, and benefits of employment granted in this section; and
(7) Any transportation benefits that accompanied the position of the President of Foothills Technical Institute.
(8) An employee who was a member of the faculty of Foothills Technical Institute on June 30, 2003, shall be deemed qualified to teach in the same level program if: The faculty member's job performance is satisfactory; and
(9) Student enrollment is satisfactory.