Statute 14. Residence Requirements for Academic Appointees. Individuals appointed under Statute 11 for full-time service during each appointive year shall perform service (in instruction, research, and other activities) as may be recommended by the appropriate Dean and approved by the Provost. Work under such assignments shall be considered to be service in residence, and shall normally be performed within the University, but such service may be rendered outside the University when recommended by the Dean and approved by the Provost. Periods of freedom from assignment, when extended to one Quarter or more, are considered to be out of residence unless otherwise specified in the Statutes. A member of the Faculty or an academic appointee under Statute 11.2 during the Quarters of residence may not engage in consultation, teaching at other universities, regular compensated lecturing, compensated editorial activities, or other substantial outside employment, unless such activity is consistent with the faculty member’s or academic appointee’s obligations to the University, is not inimical to the fullest development of scholarly activities, and meets with the approval of the faculty member’s or academic appointee’s Chair and Dean.
 
14.1. Three-Quarter Appointments: Each Faculty member under this type of appointment shall perform service in residence during three Quarters of the member’s appointive year as may be recommended by the appropriate Dean and approved by the Provost.  Compensation for such service is payable in twelve equal monthly installments annually.
 
14.2. Four-Quarter Appointments: When certain types of continuous service are required, a member of the Faculty may be appointed to serve during the four Quarters (or equivalent thereof) of the academic year. Compensation shall be in twelve equal monthly installments. The different types of Four-Quarter appointments provided for are designated below by the symbol used in budget and appointment forms.
  1. 4 Q: Four-Quarter appointments requiring specified service in each Quarter are provided for members of the Faculty assigned to teaching, research, or administrative duties through four Quarters of the year. Persons receiving this type of appointment shall be entitled to four weeks of vacation annually.

  2. 4 S: This type of Four-Quarter appointment is provided for members of the staffs of the clinics and clinical Departments of the Pritzker School of Medicine appointed under §11.1.1 to §11.1.4. Appointees are subject to the Divisional regulations on full-time service. Service in the classrooms, laboratories, and clinics, as may be approved by the Dean, is required throughout the appointive year, except that the appointee is entitled to four weeks of vacation annually. Fees charged for professional services shall be paid to the University, including income received for professional consultation and professional services outside the University.

  3. 4 CT: This type of Four-Quarter appointment is provided for members of the staffs of the clinics and clinical Departments of the Pritzker School of Medicine who are appointed under §11.1.5. Appointees are subject to the Divisional regulations on full-time service. Service in the classrooms, laboratories, and clinics, as may be approved by the Dean, is required throughout the appointive year, except that the appointee is entitled to four weeks of vacation annually. Fees charged for professional services shall be paid to the University, including income received for professional consultation and professional services outside the University.

Members of a Faculty who accept full-time appointment under these conditions, and who have served thereunder eleven Quarters or longer in the rank of Assistant Professor or higher, shall be eligible to apply for one full Quarter out of residence for each such eleven Quarters of service, with pay at the basic academic salary in force when such leave is taken, except that under no circumstances may a member of the Faculty accumulate more than two Quarters of leave in out-of-residence status and, when a second Quarter of such leave has been accumulated, no further accumulation is permitted until at least one full Quarter of such leave has been taken.
 
14.3. The President is authorized to make provision for less than full-time appointments.
 
To read this Statute in context, please see the University of Chicago's Articles of Incorporation, Bylaws, and Statutes found here. Note that the Statutes do change, and the current edition (dated May 30, 2018) differs from older versions and will likely differ from versions yet to be approved.