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Memorandum of Understanding (MoU)

This Memorandum of Understanding (MoU) is entered into on 1st June


2021 between ABC Engineering College, ABC Road, City District,
Pincode (hereafter referred to as Client) and Focus 4-D Career
Education Pvt Ltd (hereafter referred to as FACE Prep), No.12,
Lakshmi Nagar, ThottipalayamPirivu, Avinashi Road, Coimbatore -
641014.

ABC Engineering College is represented by Secretary, xxxxxxx and FACE


Prep is represented by Dinesh Raja K, Cluster Manager - BD

ABC Engineering College and FACE Prep have decided to lay down the
following as terms and conditions of the MoU. New terms and conditions
can be added in the future with mutual consent of both the parties. This
however has to be in writing or over email.

Disputes if any are subject to jurisdiction of Coimbatore courts only.

For ABC Engineering College For FACE Prep

Chairman Cluster Manager - BD


Terms and Conditions of the MoU

General Terms:
1. As a part of this agreement, FACE Prep will provide the client with
comprehensive training and placement services for the students of
the client.
2. The number of students to be trained and the program window,
during which training and placement activities will be conducted for
the students by FACE Prep is mentioned in Annexure 1.
3. Primary Contact Person:
a. The Primary Contact Person from FACE Prep for the client will
be
Name: Dinesh Raja
Designation: Cluster Manager - BD
Phone Number:
Email id:
b. The Primary Contact Person from Client for FACE Prep will be
Name:
Designation:
Phone Number:
Email id:
4. Contact details of person handling escalations: If either party is not
happy with the services rendered or the coordination efforts of the
other party, it can be escalated to
a. Escalation point of contact from Prep for the client will be
Name: Rajesh Kumar B
Designation: Co-Founder
Phone Number: 9943992020

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Email id:rajesh@focusacademy.in
b. Escalation point of contact from the client for FACE prep will
be
Name:
Designation:
Phone Number:
Email id:
5. If there is a change in the contact details or persons mentioned
above, it has to be communicated to the other party by email.
6. Conflict resolution: In the event of having a conflict or dispute, both
the parties will try their best to resolve it in the most amicable
manner possible. If such resolution is not possible, they will take
the help of a mutually agreeable arbitrator to resolve the dispute.
7. Disputes if any are subject to jurisdiction of Coimbatore courts only.

Obligations of the Client:


8. All the infrastructure required for the conduct of this training
program such as class rooms, computer labs, etc., has to be
provided by the client.
9. Infrastructure and manpower support required to conduct
placement drives, such as auditoriums, classrooms, computer labs,
GD/meeting rooms, interview rooms, student volunteers, college
faculty for student coordination etc., has to be provided by the
client.
10. The client has to share the academic details of all the students
enrolling for this program with FACE Prep.
11. The client has to make the students available for placement and
training activities organized by FACE Prep.
12. FACE Prep may require up to 25 working days in a year for
conducting training related activities for the students. The client has

For ABC Engineering College For FACE Prep

Chairman Cluster Manager - BD


to provide the same to FACE Prep.
13. In addition to these working days, FACE Prep will organize
training for the students outside of their academic schedule (after
regular class hours on working days, during weekends, on holidays
etc.,).
14. The client has to ensure that students maintain an attendance of
more than 80% in the training sessions.
15. Placement drives will be organized by FACE Prep based on the
availability of the recruiters. FACE Prep will try its best to avoid
scheduling placement drives on days when semester exams are
happening. On all other days, the client has to ensure that students
attend all placement drives scheduled by FACE Prep.
16. For every recruiter, students will be asked for their willingness to
attend the recruitment drive of the specific recruiter. Students
cannot pull out of a drive after expressing willingness for the same.
17. If a student gets placed in a particular salary bucket, thereafter
the student will be eligible to attend only recruitment drives falling
in higher salary buckets.
18. If a student secures a placement offer through clients efforts or
through students efforts, the client has to inform FACE Prep of such
placement offers secured by students by email.
19. The client will allow FACE Prep to use the results secured by
students enrolling in this program for promotional purposes.
Obligations of FACE Prep:
20. FACE Prep will do a Training Need Analysis to all the students
enrolling for the program at the start of the program.
21. Based on the skill level of the students, FACE Prep will plan
customized training for the students. FACE Prep will plan for training
that will comprise of trainer based (classroom / online) training, self
paced online training, practice sessions on it’s platforms,

For ABC Engineering College For FACE Prep

Chairman Cluster Manager - BD


assessments, assignments etc., as per the requirements.
22. FACE Prep will provide training for students based on their skills
and available opportunities to maximize placements.
23. FACE Prep will liaise with potential recruiters and arrange
placement opportunities for students based on their skills.
24. FACE Prep will provide every eligible student with adequate
opportunities after being suitably trained in a comprehensive
manner.
25. FACE Prep will pre screen the candidates as per the requirements
of recruiters, wherever required.
26. FACE Prep reserves the right to temporarily/permanently
suspend students from placement drives / training activities if the
student has very low training attendance or exhibits inappropriate
behaviour or is involved in any form of malpractice.
Commercial Terms:
27. The training and placement fees related details are mentioned in
Annexure 2.
28. Placement result based fee has to be paid by the client to FACE
Prep for all the placements secured by the students. These
placements could happen through drives facilitated by FACE Prep or
through drives facilitated by the Client or through off campus drives
or through students’ own initiative or any other means.
29. If the student/the client/FACE Prep receives an offer letter/email
with results of placement drive from the recruiter, the student(s)
will be considered as placed.
30. Students receiving internship offers from recruiters with a
potential full time offer will be considered as placed and the
placement bucket considered will be the compensation that the
students will receive after they become full timers.
31. The CTC mentioned by the recruiter in their communication will

For ABC Engineering College For FACE Prep

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be considered for classifying students into placement buckets.
32. If a student receives a better paying offer from another recruiter
and moves from one placement bucket to another, the difference in
fees will also be raised as a payment demand to the client by FACE
Prep in the subsequent month.
33. Students are in general expected to apply for every placement
opportunity coming their way and apply for every placement drive.
If a student does not apply/fails to express willingness for five
placement opportunities or applies and does not attend two drives,
the particular student will be considered as placed and billed
accordingly. No further placement opportunities will be provided for
such candidates.
34. For students getting placed in a particular month, FACE Prep will
raise a payment demand on the first working day of the subsequent
month. The client has to clear the payment demand within 15 days
of receiving it.
35. FACE Prep will try its best to conduct all the placement drives
online or in the college premises. But wherever this is not possible,
the client/the students have to bear the associated costs (such as
travel, commute, accommodation, food, etc., ) of attending the
placement drives.
36. When a placement drive is conducted on campus, recruiters
expect basic hospitality such as travel, commute, food,
accommodation etc., for their entire recruitment team. This cost has
to be borne by the client.

For ABC Engineering College For FACE Prep

Chairman Cluster Manager - BD


Annexure 1 – Program and batch details

Full Name of College ABC Engineering College

Program Name Comprehensive Training and Placement


Management Services (CTPMS)

Program Administration June 2021 to May 2022


Window

Degree and Passing out B.Tech, 2022 Pass-out Students


year of students

Total number of students 200


enrolling for the program

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Annexure 2 – Fee Details

Fee Model: Fully Variable Model

Placement results based fees will be paid to FACE Prep by the client based
on students getting placed. The placement offers are classified into four
buckets based on the CTC offered to the students by the recruiter as
follows
S no Bucket Category Name CTC offered Price per
(in Lakhs Student
per annum)

1 A Super Dream 10 LPA and Rs. 1,00,000 +


Recruiters higher GST

2 B Dream Recruiters From 5 LPA Rs. 50,000 +


upto 10 LPA GST

3 C IT Service & Startup From 3 LPA Rs. 25,000 +


Recruiters upto 5 LPA GST

4 D Small IT service, From 1.8 Rs. 10,000 +


BPOs, KPOs & LPA upto 3 GST
Startup Recruiters LPA

Fees will be calculated based on the number of students getting placed in


each bucket.

For students getting placed in a particular month, FACE Prep will raise a
payment demand on the first working day of the subsequent month.

The client has to clear the payment demand within 15 days of receiving it.
In the event that the payment is not cleared by the stipulated timeline,
the services will be suspended till the payment dues are cleared.

For ABC Engineering College For FACE Prep

Chairman Cluster Manager - BD


Annexure 2 – Fee Details

Fee Model: Fixed Fees + Variable Model

A fixed fee of Rs 5,000 + GST per candidate will be paid to FACE Prep by
the client at the outset. FACE Prep will start training and placement
related activities only after receiving this payment.

Placement results based fees will be paid to FACE Prep by the client based
on students getting placed. The placement offers are classified into four
buckets based on the CTC offered to the students by the recruiter as
follows
S no Bucket Category Name CTC offered Total Placement
(in Lakhs results based
per annum) Fees per
Student*

1 A Super Dream 10 LPA and Rs. 30,000 + GST


Recruiters higher

2 B Dream Recruiters From 5 LPA Rs. 20,000 + GST


upto 10 LPA

3 C IT Service & Startup From 3 LPA Rs. 10,000 + GST


Recruiters upto 5 LPA

4 D Small IT service, From 1.8 Rs. 10,000 + GST


BPOs, KPOs & LPA upto 3
Startup Recruiters LPA

*The value mentioned here is the sum of variable, incentive and bonus
components.

Fees will be calculated based on the number of students getting placed in


each bucket. For students getting placed in a particular month, FACE Prep
will raise a payment demand on the first working day of the subsequent
month.

The client has to clear the payment demand within 15 days of receiving it.
In the event that the payment is not cleared by the stipulated timeline,
the services will be suspended till the payment dues are cleared.

For ABC Engineering College For FACE Prep

Chairman Cluster Manager - BD


Annexure 3 – Bank Account Details

The client can make payments to FACE Prep by Cheque or DD, favoring
“Focus 4-D Career Education Pvt. Ltd.” Payable at Coimbatore OR By
NEFT/ RTGS Transfer to:

Account Holder Name Focus 4-D Career Education Pvt. Ltd.

Account No 053109000142765

Bank Name City Union Bank

Branch Name Vilankurichi Branch

IFSC Code CIUB0000053

For ABC Engineering College For FACE Prep

Chairman Cluster Manager - BD

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