The agreement between Bard College, New York, and the Bard College Chapter of the American Association of University Professors (AAUP) covering the period 1988 to 1989 is presented. The agreement covers the following items: recognition, tenure, cause for dismissal, hearings in the event of dismissal, termination for financial exigency, other dismissals and grievances, terms of dismissal, retirement, contractual obligations (teaching load, committee assignments), academic policy, research and travel, administrative services (AAUP dues, secretarial support, course times and places), housing, sabbaticals, salary and fringe benefits, promotion, merit promotions, equity raises, past practices and agreement termination and modification. An attachment details sick leave and disability, social security, workmen's compensation, unemployment insurance, retirement, health insurance, life insurance, education, discounts, and professional development fellowships. (JB)