I don't know whether Sexton's knowledge of a MOU will Trump apparent authority. I've looked at Jones' MOU and I don't recall it specifically stating that the Chancellor had to sign to be binding, although it did have a place for the chancellor's signature.
Wrong.
So AGAIN......
On UT's MOU's, which appear to be a standard legal boilerplate file that can be modified somewhat to suit the situation, the last sentence of the first paragraph on page one states: (italics and bold mine)
When fully executed, this MOU shall constitute a binding and legally enforcable agreement until superceded by a definitive written Employment Agreement between Coach and the University.
Now if you highlight and search:
What is the legal meaning of,
'When fully executed'
You will find that an....
..."
Executed Document
To 'execute a document' means to sign it.
An 'executed document' actually means that the document -- the paper or digital copy of the contract -- has been signed.
The 'date of execution' is the date on which
all required parties' signatures appear on the contract. It's the contract's starting date.
So then we see by considering Jones' MOU, along with a few other UT coaches where the salary exceded the discretionary amount and so by the university's financial legally binding protocol, apart from the potential new Coach's signature, the university has THREE LOCATIONS for
required parties to have their signatures for the document to be fully executed.
The 'required parties' are...
1) Vice Chancellor and Director of Athletics
2) Chancellor
3) Chief Financial Officer
If ALL THREE are not signed, the document IS NOT fully executed and therefore DOES NOT "constitute a binding and legally enforcable agreement until superceded by a definitive written Employment Agreement between Coach and the University."
Only Currie and Schiano had signed. The MOU is not fully executed and so is not legally enforcable and binding.