Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 3

MEMORANDUM OF AGREEMENT

KNOWN ALL MEN BY THESE PRESENTS:

This MEMORANDUM OF AGREEMENT entered into, by and between:

SOUTHERN LUZON STATE UNIVERSITY, a state university, organized and existing


under the laws of the Republic of the Philippines, with principal office address at Quezon Ave.,
Brgy. Kulapi, Lucban, Quezon, represented by its president MILO O. PLACINO Ph. D., and
herein referred to as the “FIRST PARTY”;

-AND-

_____BUDDYS_____, a corporation duly organized and existing under the laws of the
Republic of the Philippines, with principal place of business at __LUCBAN, QUEZON__
represented by its general manager, Mr. CHUCHU, and herein referred to as the “SECOND
PARTY”;

WHEREAS, bonafide students of the FIRST PARTY who are currently enrolled in
Practicum/On the Job Training/Internship are required under their curriculum to undergo
practicum training;

WHEREAS, SECOND PARTY has agreed to accept the students of the FIRST PARTY
as trainees, and be accredited as a training center for students under the FIRST PARTY’S
practicum program.

GENERAL TERMS AND CONDITIONS:

Students of the FIRST PARTY who shall successfully complete the practicum program
shall be entitled to a curricular credit of ___ units;

Students of the FIRST PARTY shall be required to report at the office/designated site of
the SECOND PARTY punctually and regularly depending on the students’ class schedule and
training program for a minimum of 200 hours;

This Agreement shall commence on __June 2017______ and shall terminate on


___end date of practicum________________, unless otherwise suspended, revoked or
extended by either party upon serving a seven-day prior written notice.

OBLIGATIONS OF THE FIRST PARTY:

1. FIRST PARTY shall, upon signing this Agreement, recognize the students whose
names and addresses to undergo the practicum training at the SECOND PARTY’s
premises, a list of students is hereto attached as Annex “A”;

2. FIRST PARTY shall be under obligation to conduct the necessary orientation upon its
students and the office decorum and discipline, and other rules and regulations
necessary for the proper administration of the practicum program;

3. FIRST PARTY shall be under obligation to monitor the individual performance of its
students and undertake measures to ensure faithful compliance with this Agreement.

RIGHTS AND OBLIGATIONS OF THE SECOND PARTY:

1. SECOND PARTY shall provide the necessary practical training to the students of the
FIRST PARTY.

2. SECOND PARTY shall provide the students of FIRST PARTY, a defined program of
activities and/or assignments with the necessary facilities based on its regular office
workload;
3. SECOND PARTY shall not be under obligation to remunerate the students or afford
them benefits usually given to its regular employees other than those voluntarily
given, as there exists no employer-employee relationship between SECOND PARTY
and, students of the FIRST PARTY;

4. SECOND PARTY shall ensure that the students of the FIRST PARTY are amply
protected from harassment, exploitation or any incident which shall put under peril
their life, health and honor;

5. SECOND PARTY shall allow the authorized representative of the FIRST PARTY to
visit/monitor the students in the actual place of work;

6. SECOND PARTY reserves full discretion to screen and evaluate the individual
competence of the student’s performance, attitude or behavior;

7. SECOND PARTY shall fill out the necessary evaluation form/s from FIRST PARTY
concerning the students’ performance both in practical and theoretical aspect of the
training;

8. SECOND PARTY reserves the right to allow or not to reproduce in print, approved
and signed sample of work/s of students of FIRST PARTY for verification purposes.

9. SECOND PARTY shall provide humane condition of workplace and never assign the
students in a work which will endanger their health and safety.

10. SECOND PARTY is liable for any loss, damage or injury that the students may suffer
during the period of practicum, save in intentional or negligent acts on the part of the
latter.

11. SECOND PARTY shall not require the students to perform work during weekends
and holidays as well as overtime work unless appropriate compensation shall be
given.

JOINT OBLIGATION OF THE TWO PARTIES:

1. PARTIES shall be under joint obligation to promote the welfare of the students and
assist in the formation of their intellectual, moral and professional competence.

2. PARTIES shall be bound by the following system of grading the student: Grading
period shall follow the FIRST PARTY’s schedule of grading period.

3. SECOND PARTY, through its Coordinator/In-Charge of the practicum/OJT/internship,


shall provide seventy-five percent (75%) of the weighted average for the practicum
period while FIRST PARTY through its assigned FACULTY shall provide twenty-five
percent (25%) of the weighted average for the same practicum period.

PARTIES shall endeavor to base the grades or rating of the students on the following:
Attendance/Punctuality
Competence/Dependability
Accuracy/Effectiveness
Interest/Cooperation
Personality/Interpersonal Relations

IN WITNESS WHEREOF the PARTIES have executed this MEMORANDUM of


AGREEMENT on ___________________________ at __________________________
SOUTHERN LUZON STATE UNIVERSITY BUDDYS
Lucban, Quezon Lucban, Quezon
FIRST PARTY SECOND PARTY

By: By:

MILO O. PLACINO, Ph. D. MR. CHUCHU


President General Manager

SIGNED IN THE PRESENCE OF:

__________________________ __________________________

ACKNOWLEDGMENT

Republic of the Philippines )


_____________________ ) S.S.
_____________________ )

BEFORE ME, the undersigned Notary Public, for and in the Province of Quezon, came
and appeared DR. MILO O. PLACINO with LTO Driver’s License No. D09-97-063298 and
______________ with ID NO. __________, both known to me and known to be the same
persons who executed the foregoing MEMORANDUM OF AGREEMENT consisting of three (3)
pages, including the page on which this Acknowledgment is written, duly signed by them, and by
their two (2) instrumental witnesses and they acknowledged the same to be their own, free and
voluntary act and deed.

WITNESS MY HAND AND SEAL on this __________________ at _________________.

Doc. No. ______;


Page No. ______;
Book No. ______;
Series of 2016.

You might also like