period covered by the internship plan shall be exclusively owned by the
Student-
Interns
. Should the
Company/Institution
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-Interns
jointly creates intellectual property with a person
connected with the
Company/Institution
, the intellectual property shall belong to
them jointly in proportion to their contribution;
e)
It is expressly understood by
DLSU
that all information on technology,
manufacturing process, process standards, quality assurance methodologies,
quality standards, production capabilities, raw materials purchasing, marketing,
finance, and all other related documents, manuals, operational or technical matters
that the
Company/Institution
shall make available shall be used for the sole
purpose of performing their tasks under the internship program; and
f)
It is understood that all information gathered by the Student on the operations and
business matters of the
Company/Institution
are classified as confidential in
nature and proprietary to the
Company/Institution
.
DLSU
hereby undertake to
prevent transfer of such information by any of its members, consciously or
unconsciously, to any party outside of the
Company/Institution
without the latter’s
knowledge and written consent.
SECTION VI
Termination of the Agreement
The Parties shall have the right to pre-terminate the training contemplated by
this Agreement and the
Internship Plan
by
serving a written notice to the other party at
least thirty (30) days prior to the intended date of termination and based on the
following grounds:
a)
The
Company/Institution
is proven to fail in providing the safety of the
Student-Interns
and quality of training contemplated by this Agreement and
the established
Internship Plan
;
b)
There is any material violation of the foregoing covenants that will warrant
the cancellation of this Agreement.
SECTION VII
Entire Agreement and Amendment
This Agreement constitutes the entire agreement between the Parties with
respect to the subject matter hereof.
It excludes and supersedes everything else
which has occurred between the parties whether written or oral, including all other
communication with respect to the subject matter hereof.
Any amendment hereto shall
be mutually agreed upon in writing by the parties.
MOA between DLSU and Host Company/Institution (re: Internship of DLSU Students)
Page 4 of 6

SECTION VIII
Dispute Resolution, Governing Law, and Venue of Actions
Any and all disputes arising out of or relating to this Agreement shall be
subjected to good faith negotiations between the Parties before implementation of the
legal proceedings pursuant to the provisions of the Alternative Dispute Resolution Law.


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- Winter '15
- Atty. Galas
- De La Salle University