1. A. Term positions have an expiration date and may be funded by the legislature, a federal grant or some other revenue source. Term positions may be filled by either covered or at will employees.
2. B. Employees appointed to term positions designated as covered shall serve a probationary period. Upon satisfactory completion of the probationary period they shall have all of the privileges of covered employees, except the right to appeal the expiration of appointment.
3. C. The duration of term appointments and compensation and salary increases for term appointments are dependent upon the funding for the position.
4. D. Employees accepting a term appointment shall sign a statement indicating that they understand and accept the conditions of the term appointment.
5. E. The expiration of term appointments shall not be considered a layoff or a disciplinary action within the meaning of these rules.

[10.4.4.9 NMAC - Rp, NMDAA 91-1.3.05, 06/30/2010]