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This Memorandum of Agreement, entered into this 4th day of April, 2018 at Tacloban
City, Leyte, Philippines by and between:
And
The “MONARK EQUIPMENT CORPORATION” duly organized and existing under the
laws of the Republic of the Philippines with the office addressed in South Luzon Express Way,
Corner Magsaysay Road, San Pedro Laguna, represented herein by its President, ONOFRE
BANSON, JR. and herein after referred to as “MONARK EQUIMENT CORPORATION”
WITNESSETH That,
WHEREAS, EVSU, which is mandated to develop youth and equip them with knowledge
and trainings relevant to the development needs of Region VIII and the Philippines, is offering
seven technical courses in the COLLEGE OF ENGINEERING.
EFFECTIVITY:
This agreement shall take effect upon the signing by the parties and shall remain in full
force for the duration of the training period (240 hrs.) or from April 10, 2018 to May ___, 2018
unless sooner terminated by mutual consent of the same parties.
IN WITNESS WHEREOF, the parties have signed this present on the date and place
above written.