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MEMORANDUM OF AGREEMENT

This Memorandum of Agreement is entered into between __________________ with


business address at _________________________, and First Asia Institute of Technology &
Humanities (FAITH), with business address at #2 Pres. Laurel Highway, City of
Tanauan, Batangas.

This Memorandum of Agreement signifies the affiliation of two parties in providing


the students hands-on experiences in their chosen fields.

Terms and Conditions:

A. Students
1. FAITH shall inform the number of students particularly BS
Accountancy / BS Business Administration who are scheduled to
have an On-the-Job Training (OJT).
2. FAITH shall schedule the availability of students that will be sent to
__________________ based on their free time as per students’
curriculum.

B. Training
3. __________________ shall provide the hands-on experience to FAITH
students by assigning them to areas that will enrich their learning
experience.
4. __________________ shall determine the department / office to which
students will be assigned for their training relative to the course of
the student.
5. __________________ shall provide 300 hours (_______, 2018 to _______,
2019) of work experience to FAITH students as required by CHED.
The same maybe extended, however, depending upon the
supplementary agreement among the parties herein.
6. __________________ may provide the students a training allowance and
other benefits, if deemed necessary.

C. Monitoring and Evaluation


7. __________________ shall provide an evaluation of the students after
completing the required number of hours.
8. __________________ shall inform FAITH of any problems regarding the
students during the OJT period.
9. __________________ has the right to refuse acceptance of students for
OJT when no request is received from any of its department /
offices.
10. __________________ shall issue a certificate of training after completion
of the required number of hours.
11. __________________ agrees to make a report to the OJT Program
Coordinator during his /her visit to the place where the student is
assigned.

This Memorandum of Agreement becomes effective upon signing by representative of


both parties, ____________________ and First Asia Institute of Technology and
Humanities (FAITH).

Executed for:

First Asia Institute of Technology & Humanities


____________________________

LALAINE V. MANALO, DBA ____________________________


Senior Vice President for Academics and Research
Tertiary School Director
____________________________

Date Signed: ____________ Date Signed: _____________

WITNESSED BY:
_______________________ ____________________________

NOTARIAL ACKNOWLEDGEMENT
Tanauan City )
Philippines ) S.S.

Before me, a Notary Public, personally appeared Mr./Ms. Lalaine V. Manalo, with CTC
No. _______ issued on ________________ at __________________; and Mr./Ms. __________________,
with CTC No. ____________ issued on __________ at _____________ known to me to be
parties who executed the above instrument, saying and professing the veracity of
such instrument, declaring that they executed the same freely, voluntarily and
without mental reservation.

In witness whereof, I set my hand and my seal this _____ day of ______________, in the
City of Tanauan, Batangas.

NOTARY PUBLIC
Doc. No. _________ Page No. _________
Book No. _________ Series of _________

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