MEMORANDUM OF AGREEMENT

For the accommodation of Accountancy Students/Trainees of

________________________________________________________________________________
For On-The-Job Training

KNOW ALL MEN BY THESE PRESENTS:

This Memorandum of Agreement made and entered into by and between:

___________________________________________________-, a Catholic private

institution with its office at ___________________________________, herein represented by its
Academic Dean, __________________, hereinafter referred to as “_____________”;
-and-

____________________________________, a Cooperating Agency, herein represented

by its _________________________, of legal age with office address at
__________________________________, hereinafter referred to as
_________________________________________-

-WITNESSETH-

WHEREAS, ______________- has requested the __________________________________

to accommodate and provide the Accountancy students/trainees to undergo On-the-Job
Training;

WHEREAS, ________________________________________ is willing to accommodate

and provide the said training with the following agreements:

1. The Cooperating Agency will provide said training to the Accountancy

students/trainees for at least ONE HUNDRED (100) HOURS during the covered
semester;

2. The Cooperating Agency and _______________ are covered by the OJT Program
submitted to the Cooperating Agency by _______________;

3. The Cooperating Agency and ________________ understand that there are risks
involved during the office training and that the Parent/Guardian waives any claim
against _____________ and the Cooperating Agency from any liability arising from
any unforeseen event;

4. This Memorandum of Agreement shall take effect in full force until such time that a
mutual agreement is done for its termination.

IN WITNESS WHEREOF, the parties have hereunto set their hands this
_____________________ at the _______________________.

(COLLEGE/UNIVERSITY) (COOPRATING AGENCY)

By: By:

______________________________ ____________________________-
Academic Dean Audit Team Leader

Signed in the presence of:

__________________________________________
Practicum Adviser

Telephone Nos.: (072) 242-5535 to 36

Telefax No.: (072) 888-3955
 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

PROVINCE OF LA UNION ) S.S
CITY OF SAN FERNANDO )
x-----------------------x

BEFORE ME, a Notary Public for and in the City of San Fernando, La Union, this
_____________________, personally appeared:

Name CTC No. Date and Place Issued

________________________ ______ ______________
________________________ ______ ______________

Known to me and to me known to be the same persons who executed the foregoing
instrument, and they acknowledged to me that the same is their own free and voluntary act
and deed.

WITNESS MY HAND AND SEAL, on the date and place first above written.

Doc. No.
Page No.
Book No.
Series of 2017

Telephone Nos.: (072) 242-5535 to 36

Telefax No.: (072) 888-3955