MEMORANDUM OF AGREEMENT
(Host Company/Institution and Student Intern re: Internship)
This Memorandum of Agreement (hereinafter “Agreement”) is made and entered
into on
<day>
<month> 2018 in the City of Manila, Philippines by and between:
<Company/Institution>
, a Company duly organized and existing under
and by virtue of the laws of the Republic of the Philippines with address at
<address>, duly represented by its
<
Position
>, <
Name of Authorized
Rep>
, and hereinafter referred to as “
Company/Institution
”;
-and-
<NAME OF STUDENT>
, a
<Degree> student of the
<Name of College> -
De La Salle University (DLSU), of legal age, with address at
<address>,
hereinafter referred to as “
Student
”.
[Collectively referred to as “Parties” and individually as “Party” wherein notices and
general matters may be delivered to by hand, registered mail, or other acceptable
means]
Witnesseth—
WHEREAS
, DLSU
instituted an internship program as part of the curriculum for
its
<Degree> students in order to provide them with adequate experience in actual
industry work operations and to augment their formal education;
WHEREAS
, the
Company/Institution
, in its desire to enhance the training and
development of more and more professionals, has agreed to provide support to the
students of DLSU in the form of training on the operations and latest developments in
its industry; and
WHEREAS,
DLSU
and the
Company/Institution
executed a Memorandum of
Agreement that covers the internship program’s objectives and principles pursuant to
their established
Internship Plan
for the
Student.
WHEREAS
, the
Student
accepts this Agreement and the respective
Internship
Plan
with all its terms and conditions as contained herein.
NOW, THEREFORE
, for and in consideration of the foregoing premises, the
Parties hereby agree as follows:
SECTION I
Responsibilities of the Company/Institution
a) The
Company/Institution
shall undertake the selection process from among
DLSU’s recommended students in accordance with its policies and guidelines in the
recruitment and selection of trainees for this purpose;
b) The
Company/Institution
shall provide free relevant instruction, exposure, and
training to the
Student
, consistent with its policies, rules and regulations and with
the established
Internship Plan
. It shall treat the
Student
in a professional manner,
and shall ensure that the
Student
, in the course of training, shall not be exposed to
any form of harassment/unethical pratice or tasks and work assignments that are
unreasonably risky, dangerous or unrelated to the purposes of the
Internship Plan
;
c)
The
Company/Institution
shall reimburse any reasonable out-of-pocket expenses
that may be incurred by the
Student
for off-company assignments, subject to
reimbursement and liquidation policies of the
Company/Institution
;
MOA between Host Company/Institution and Student (re: Internship)
Page 1 of 6
SECTION II
Responsibilities of the Student
a) The
Student
shall abide by the administrative policies, rules, and standards of the
Company/Institution
and
DLSU
as provided by the
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