The collective bargaining agreement between Vermont State Colleges (VSC) and Vermont State Colleges Faculty Federation, an affiliate of the American Federation of Teachers (AFT), is presented that covers the period from September 1, 1986 through August 31, 1988. The following 48 articles are included: definitions, recognition, management rights, federation rights, federation officer rights, dues check off, academic freedom, anti-discrimination, no strike or lock out, outside employment, health and safety, notice of vacancy, transfer and classification, grievance procedure, arbitration, layoff, advising and registration procedure, faculty governance, faculty evaluation, appointment and reappointment, promotion, tenure, workload, personnel files, residual rights, salaries, salary schedule criteria, faculty development fund, professional travel funds, mileage reimbursement, insurance, continuation of fringe benefits, retirement, tuition benefits, jury duty, sick leave, bereavement and professional leave, unpaid leaves of absence, VSC Faculty Fellows, education aids, faculty facilities, academic regalia, agricultural products, academic calendar, printing and distribution of this agreement, separability, effect of agreement, and duration and renewal. Seven appendices cover VSC required minimum degrees, dues check off authorization, tuition remission agreement, absence report, promotion of tenured faculty, and computer programs for faculty staffing. (LB)