Ok, I did some research. Here is an interesting report from a web-site called ND Central...
PERFORMANCE CLAUSE/NFL BUYOUT IN CHARLIE WEIS CONTRACT
Notre Dame Central is reporting that Charlie Weis has a performace clause in his contract stating that if the Irish have back to back losing seasons, the Irish can rescind the terms of the contract.
There also remains a buyout clause for NFL teams to come in and get Charlie Weis. Although it is much higher than it was when he first arrived in South Bend, there is a buyout option for Weis and NFL teams. Keep in mind, with someone like Weis, money will not be an option for NFL teams if Weis is the guy they want. I know Weis has said he will be with the Irish through the 2015 season but he must continue to win and if he wins too much everyone knows that the NFL will be calling him home. There is no one that wants Weis coaching the Irish more then ND Central but there are terms in his contract the public have never been totally aware of.
I'm officially on record saying Charlie Weis is the guy I want!!!