H. reimburse any reasonable out-of-pocket expenses that may be incurred by interns for off-company assignments, subject to reimbursement and liquidation policies of the Host Company.; For Management and Organization Department (MOD) Interns : Different company practices and policies on the giving of honoraria and/or allowances are respected, provided the Host Company shall provide an equivalent to at least 75% of the prescribed minimum wage’s basic salary to interns. I. jointly accomplish with the students and Practicum Adviser the evaluation forms required by DLSU RVRCOB that will focus on the learning and evaluation of intern performance; J. issue certificates of completion to students who successfully finish their training under the Program; and K. designate a Program Coordinator who will coordinate with DLSU RVR- COB regarding the various activities under this Program.
B. DLSU - RVR COB shall: A. recommend students, through the Practicum Coordinator, who are eligible to undergo on-the-job training under the RVR COB Internship Program subject to the final selection/acceptance by Host Company; B. designate an RVR COB Practicum Adviser who will coordinate with Host Company on the various activities under this program; and, C. together with the students, faculty and parents concerned, renounce and waive any claim against Host Company for any injury or loss that the student-interns may sustain or may suffer, personal or pecuniary, in the performance of their duties and functions while under training not attributable to the negligence or willful act of any of the personnel of Host Company. The waivers of the concerned parties shall be submitted to Host Company prior to the commencement of the training and/or fieldwork. C. Miscellaneous Provisions: 1. On Intellectual Property: a. Intellectual property shall include any property defined as such by the Intellectual Property Code of the Philippines (Republic Act No. 8293); b. Any intellectual property owned by the parties prior to this agreement shall continue to be owned by them. The student-intern cannot use any confidential information or data from the company to create intellectual property without the express written approval of the company; c. Any intellectual property independently created by a student-intern during the period covered by the practicum shall be exclusively owned by the student-intern. Should the company provide financial support for the creation of such intellectual property, the ownership of the intellectual property shall be subject to another agreement; d. In case the student-intern jointly creates intellectual property with a person connected with the company, the intellectual property shall belong to them jointly. The proportion of ownership of said intellectual property shall be based on their respective contribution. In the absence of clear indicative factors, the presumption shall be on a 50%-50% ownership.
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- Winter '17