Designed as a resource for the development of an employment contract between a community college board of trustees and its chief executive officer (CEO), this "idea book" addresses diverse contractual concerns, such as liability and due process, and discusses the benefits of the contract for both the board and CEO. Drawing on comparative fiscal and contractual information gathered by the American Association of Community and Junior Colleges (AACJC) in a 1990 nationwide survey of community, technical, and junior college CEOs, the pamphlet provides an overview of the key elements of the CEO employment contract. The following contract provisions are reviewed: the preamble; contract length; CEO professional responsibilities; compensation; vacation and other benefits; deferred compensation; disability insurance; association dues; life insurance; sabbaticals or study leaves of a special nature; expenses; automobile or automobile allowance; professional liability; medical examination; proposed accomplishments of the CEO; contract renewal; contract termination; savings clause; contract approval; calendar of mandatory actions in respect to the contract; and board policies. Appendixes present the AACJC/CEO survey, with results; and provide samples of the employment contract, the employment contract amendment certification, and fringe benefits. (JMC)