MEMORANDUM OF AGREEMENT

Know All Men by These Presents:

This Memorandum of Agreement made and executed by and between:

FATHER SATURNINO URIOS UNIVERSITY, a duly licensed Catholic Educational Institution with
principal office address at San Francisco Street, Butuan City represented by its Dean of Business
Administration Program, DR. EMILIANA J. LOZANO, hereinafter referred to as the FSUU.

and

The LUMINA HOMES BUTUAN, with office address at 2nd Floor Lifescape Building J.C. Aquino St.,
Brgy Bayanihan. Butuan City, represented by its Administrative Manager- Mr. Stevenson Suazo
hereinafter referred to as the TRAINER COMPANY;

WITNESSETH: That

WHEREAS, LUMINA HOMES BUTUAN as a establishment provides excellent services in its

clienteles;

WHEREAS, FSUU is a private institution offering Bachelor of Science in Business Administration

(BSBA).

WHEREAS, The FSUU Bachelor of Science in Business Administration has 400 hours of On the
Job Training (OJT) every 2nd Semester for students who are to be trained by experts in different areas of
finance, marketing, operations and human resource management and other business related job.

WHEREAS, FSUU is in need of partner establishments that could further enhance the acquired
knowledge, skills and experience of its students taking BS Business Administration courses;

WHEREAS, the TRAINER COMPANY allows/agrees that the BS Business Administration

students of FSUU conduct/perform the training in their office/establishment;

WHEREFOR, in consideration of the foregoing premises and stipulations, the parties referred
hereinafter affirm to strengthen the partnership in enhancing the necessary knowledge, skills, values and
attitude students taking BS Business Administration courses, especially in the conduct of On the Job
Training (OJT) every 2nd Semester.

TERMS AND CONDITIONS

FSUU shall:

1. Assign Richard O. Villasis (Marketing Management) BS Administration students to:

a. have the opportunity to observe, learn, and do business related tasks in real work
setting;

b. be given the chance to gain exposure to the different business related office work as
basis for their written output;

c. work part-time in establishments on off-class session as an apprentice;

d. report for weekly conference in the school at a scheduled time;

2. Monitor the performance of the trainee during the entire period for their Training;

3. Provide necessary technical assistance to the students and coordinate regularly with the manager
of the Practicum Company while they are on training;

4. Ensure that trainees comply with the necessary requirements set by the FSUU Business
Administration Program and the Trainer Company; and

5. Ensure confidentiality of trainer company information gathered by the student trainees.

Trainer Company shall:

1. Accommodate Richard O. Villasis (Marketing Management) BS Business Administration students of

FSUU and provide them with relevant work experience aligned with business administration;

2. Provide the necessary guidance and technical assistance in all activities to be undertaken by the
trainees relative to the implementation of specified functions.

3. Confer regularly with the Student Trainee regarding the problems encountered and the progress
made during the training period;

4. Provide periodic feedback directly to FSUU through the assigned Practicum Professor in order to
create a healthy relationship;

5. Notify the practicum Professor to pull out ST for committing serious infraction of the company’s
industry’s policies, rules and regulations;

6. Ensure that the STs are aware of and follow all company rules and regulations, policies and
procedures duly promulgated or to be promulgated by the institutions, particularly those affecting the
training activities;

7. Not to be held liable for any unavoidable circumstances/untoward incident during the duration of the
training beyond the control of the FSUU or Trainer Company after having exercised proper precaution
and guidance; and

8. Not give tasks or workloads that are not related to business administration.

Date of Effectivity, Renewal, Amendments, and/or Termination

This agreement shall take effect immediately upon signing of this document by the parties concerned and
shall remain in force until ________________________________________________. Renewal shall be on a 3-
YEAR basis as agreed by the parties concerned. Amendment or termination may be done anytime within the
contract period upon the mutual consent of both parties.

IN WITNESS WHEREOF the parties have signed this Memorandum of Agreement at

__________ this _____ day of _______________, 20____.

For the COMPANY For the UNIVERSITY

Mr. Stevenson Suazo DR. EMILIANA J. LOZANO

Administrative Manager Dean, College of Business Administration

Community Tax No: ____________ Community Tax No:

Date of Issue: _________________ Date of Issue:
Place of Issue: ________________ Place of Issue: Butuan City

_________ ID No:______________ ID No: 200175

Date of Issue:__________________ Date of Issue: 6/2013
Place of Issue:_________________ Place of Issue: FSUU, Butuan City

Signed in the presence of:

__________________________ ______________________________
Witnessed
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

CITY OF BUTUAN ) S. S.

Before me, a Notary Public, for and in the City of Butuan, Philippines, this ____________________. _______ day of
________________________ 2014, personally appeared the above-named persons known to me to be the same
persons who executed the foregoing instrument, consisting of three (3) pages including this page were the
acknowledgement is written, signed by the parties and their two (2) witnesses, and they acknowledged to me that
the same is their own voluntary act and deed. The Residence Certificates of the parties were exhibited to me, the
same being that which appears below their respective names and signatures above.

Doc. No. ______:

Page No. ______:
Book No. ______:

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