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MEMORANDUM OF AGREEMENT
And
WITNESSETH: That
WHEREAS, the SECOND PARTY is a private agency tasked to promote and strengthen
Community and Industrial development.
WHEREAS, the SECOND PARTY accepts linkages with the FIRST PARTY, a trusted
institution that can provide the necessary expertise to render optimum educational assistance to
the agency.
NOW, THEREFORE, for and in consideration of the foregoing premises, the Parties
have agreed to initiate the linkages between the FIRST PARTY and the SECOND PARTY in
order to meet a major requirement of the students and likewise, have agreed as follows:
SECTION 1
RIGHTS AND OBLIGATION OF THE FIRST PARTY
a. Allow the BS Psychology students enrolled in Psych 197 (Practicum), under the supervision
of the Department of Psychology to gain industrial experience within the areas specified by
the SECOND PARTY which shall be deemed part and credited as internship of the FIRST
PARTY to the academe through the DEPARTMENT OF PSYCHOLOGY;
b. Ensure that the ongoing work/internship experience in dealing with involved persons shall be
done with extreme care and confidentiality;
c. Provide pertinent records related to the learning experience and shall not be used for other
purposes or by other students/parties not involved in this project;
2. The FIRST PARTY has the right to cancel this AGREEMENT when justifiable grounds
exist.
SECTION II
RIGHTS AND OBLIGATION OF THE SECOND PARTY
a. Allow the BS Psychology students enrolled in Psych 197 (Practicum) to interact and
receive service from DEPARTMENT OF LABOR AND EMPLOYMENT, until the
over-all objectives of this activity shall be fully accomplished;
c. Shall comply with the minimum requirements in the industrial sector, namely the
following:
a) Workplace Facilitation;
b) Training Assistantships and the like;
c) Other tasks as required by the department in your company where they are
assigned.
2. The SECOND PARTY has the right to cancel the AGREEMENT when justifiable grounds
exist.
SECTION III
DURATION OF THE PROJECT AND TERMINATION
Under this Memorandum of Agreement the following terms and conditions are hereby clearly
understood and agreed upon:
1. This Agreement shall take effect upon signing by both parties and shall continue to be valid
and binding for ONE (1) SEMESTER without prejudice of being renewed, PROVIDED, that
an evaluation after a semester of its implementation shall be undertaken prior to its renewal
or cancellation depending on the results of the evaluation.
2. Either party may terminate this Agreement by giving a written notice THIRTY (30) DAYS
before the effective date of termination.
3. Failure of one party to comply with any of the provisions shall entitle the other party to
terminate this Agreement.
4. This Agreement represents the complete understanding of the parties and is intended to
supersede all previous agreements, written or verbal. This shall not be altered, amended or
modified except through a written agreement signed by both parties.
5. The terms and conditions of this agreement are fully understood and express the intentions of
both parties in good faith.
6. This MOA shall apply to the Internship students in the 2nd semester of SY 2015-2016.
IN WITNESS WHEREOF, the parties here have hereunto set their hands this day of
________________ 2016 at Davao City.
By: By:
MSU-Iligan Institute of Technology Department of Labor and Employment
Before me a Notary Public for and in the City of Iligan, this ____ day of
___________, 2016 personally appeared:
1. Sukarno D. Tanggol, DPA Phil. Passport No. EB 8301188 4 June 2013/ DFA Mla.
2. Atty. Jofrey Suyao ________________________________________________
known to me and to me known to be the same persons who executed the foregoing
Memorandum of Agreement consisting of five (5) pages including this page and
acknowledged that the same is their voluntary acts and deed.