(a) Each institution shall establish criteria for the selection of persons to be appointed as eminent scholars pursuant to this article. The criteria shall include, but not be limited to:
(1) The prospective appointees' record of distinguished academic or professional work in an appropriate field as judged in national terms and verified by the department or college benefitting from the salary supplement;
(2) The prospective appointees' record of increasing the quality and reputation of academic programs and economic development through new research centers; and
(3) The relevance of prospective appointees' academic or professional work to the economic development goals of the state as defined by the West Virginia council for community and economic development.
(b) Appointees shall submit to peer review at the department or college and any other review procedures that are established by the institution.