Memorandum of Agreement for Ojt Template

MEMORANDUM OF AGREEMENT FOR ON-THE-JOB TRAINING (OJT)

THIS MEMORANDUM OF AGREEMENT (the "Agreement") is entered into this ______ day of ________, 20, by and between:

[NAME OF EDUCATIONAL INSTITUTION], an educational institution duly organized and existing under the laws of [Country/State], with principal office address at [Complete Address], represented herein by its [Position/Title], [Name of Representative], hereinafter referred to as the "INSTITUTION";

-AND-

[NAME OF HOST TRAINING ENTITY], a business entity duly organized and existing under the laws of [Country/State], with principal office address at [Complete Address], represented herein by its [Position/Title], [Name of Representative], hereinafter referred to as the "COMPANY".

(Collectively referred to as the "Parties.")

WITNESSETH:

WHEREAS, the INSTITUTION offers [Name of Degree/Program] and requires its students to undergo an On-the-Job Training (OJT) program to gain practical experience;

WHEREAS, the COMPANY is willing to provide the necessary training facilities and environment to facilitate the student’s professional development;

NOW, THEREFORE, for and in consideration of the foregoing premises, the Parties agree as follows:

1. OBJECTIVES OF THE PROGRAM

The purpose of this Agreement is to establish a framework for the OJT program, ensuring that the student gains relevant skills, exposure to industry practices, and professional mentorship.

2. OBLIGATIONS OF THE INSTITUTION

a) Provide the COMPANY with a list of qualified student-trainees. b) Ensure that the student-trainees adhere to the rules and regulations of the COMPANY. c) Designate a faculty coordinator to monitor the progress of the student-trainees.

3. OBLIGATIONS OF THE COMPANY

a) Provide a structured training program that aligns with the student’s field of study. b) Designate a supervisor to oversee the trainee’s daily tasks and evaluate their performance. c) Provide a safe and professional work environment. d) Issue a Certificate of Completion upon the trainee's successful fulfillment of the required training hours.

4. TERMS OF THE AGREEMENT

This Agreement shall be effective for a period of ____________, commencing on ____________ and ending on ____________, unless sooner terminated by either party upon [Number] days' written notice.

5. STATUS OF THE TRAINEE

The student-trainee shall not be considered an employee of the COMPANY. Accordingly, the COMPANY shall not be liable for any employee benefits, unless otherwise required by law or specified in a separate policy.

6. CONFIDENTIALITY

The trainee shall maintain the confidentiality of any proprietary information, trade secrets, or internal documents of the COMPANY to which they may have access during the training period.

7. MISCELLANEOUS

This Agreement constitutes the entire understanding between the Parties. Any amendments to this Agreement must be made in writing and signed by both parties.

IN WITNESS WHEREOF, the Parties have set their hands on the date first above written.

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SIGNATURES

[NAME OF EDUCATIONAL INSTITUTION]

By: ___________________________ [Name of Representative] [Title/Position]

[NAME OF HOST TRAINING ENTITY]

By: ___________________________ [Name of Representative] [Title/Position]

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WITNESSES

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[Name of Witness] [Name of Witness]

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ACKNOWLEDGMENT

REPUBLIC OF [Country/State] ) CITY OF ____________________ ) S.S.

BEFORE ME, a Notary Public for and in the City of ____________, this ______ day of ________, 20, personally appeared:

1. [Name of Institution Representative] with [ID Type & Number]
2. [Name of Company Representative] with [ID Type & Number]

Known to me to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed and that of the entities they represent.

WITNESS MY HAND AND SEAL.

NOTARY PUBLIC

Doc. No. _____; Page No. _____; Book No. _; Series of 20.