Memorandum of Understanding AIESEC in Chennai & __________NGO
About AIESEC Present in over 110 countries and territories and with over 60,000 members, AIESEC (pronounced “eye-sek”, originally an acronym for Association Internationale des Étudiants en Sciences Économiques et Commerciales ) is the largest global youth-run, notfor-profit organisation. Instituted in 1948, AIESEC seeks to develop leadership capabilities through its internal leadership programmes and engages students and graduates in international student exchange and internship programmes with profit and non-profit organisations across the globe. AIESEC Chennai is one of the oldest, most popular and progressive local offices in the AIESEC India network.
Terms and Conditions 1. The purpose of this MOU is to memorialize certain objectives, principal terms, and other preliminary understandings that have been reached between AIESEC and ABC Limited, hereinafter referred to as “ABC LTD.” (each, a “Party”, and together, the “Parties”) and to confirm their present intent to work together in the manner described herein below, subject to the broad terms and conditions set forth in this MOU. 2.
The term of this MOU is from
2013 to, 21st July 2013.
3. The focal point of contact in AIESEC for ABC LTD. will be Mr/Ms <AIESEC Representative> and Mr Kethiswaran Sundaram in AIESEC Chennai or their representatives. 4. ABC LTD. Intends to participate in and actively support AIESEC CHENNAI for the proper conduction BALAKALAKAAR, in the year 2013. . 5. AIESEC, with or without its respective knowledge partners, will solely be responsible for designing the content and curricula that will be followed during the Talent Show and Art Competition during BALAKALAKAAR. 6. AIESEC Chennai will provide transport for the children participating in BALAKALAKAAR on the main event day, to and from the venue of ABC LTD.
7. ABC LTD. will provide Its corporate logo for use by AIESEC Chennai in connection with and for the purposes set out hereinabove. ii) An endorsement letter for general promotional use. iii) A total of _____ amount of children from their NGO to participate in BALAKALAKAAR. iv) A total engagement of your children with AIESE Chennai between ____am and ____pm on Sunday, 21st July 2013. v) ABC LTD. will be informed in advance of the theme and specifics of the Art Competition and Talent Show by AIESEC Chennai. ABC LTD. must prepare its children in advance for the same. vi) ABC LTD. must send an adequate number of adult representatives, along with its children, to manage the same on the day of BALAKALAKAAR i)
8.Any additional use of ABC LTD. logo or production of articles or quotes stated as originating from ABC LTD. or about ABC LTD. are strictly forbidden without prior written approval by an appointed ABC LTD. representative. 9. The Memorandum forms the basis of the relationship between AIESEC Chennai and ABC LTD. Additional opportunities to develop the relationship are available to AIESEC Chennai and ABC LTD. upon agreement by both parties. Additional opportunities to develop the relationship include, but are not restricted to: i) ii)
Placement of ABC LTD. corporate advertising in AIESEC Chennai publications or on AIESEC Chennai’s web site. Having AIESEC Chennai develop information material on the relationship with ABC LTD. for use in external marketing and by local AIESEC members to develop relationships with ABC LTD.
10. The following procedure shall be adopted by AIESEC Chennai to be in constant communication with ABC LTD. to gauge and monitor the partnership: • End of the month meeting with ABC coordinator • Regular sharing of information, evaluation and surveys with ABC LTD. 11. AIESEC acknowledges that in the course of this relationship, it will be exposed or will receive or come to know or possession of confidential and proprietary information of ABC LTD. AIESEC undertakes to protect such information of ABC LTD. with the same degree of care as it uses to protect its own confidential information, but in all events will use at least a reasonable degree of care to protect the confidential information received by it under this Agreement. AIESEC will enter into a Non Disclosure and Confidentiality Agreement with ABC LTD. in such form as may be reasonably required by ABC LTD.
We agree to the above articles.
Date: Signed,
<ABC Representative Name> VP HR, ABC LTD.
<AIESEC Manager Name> <Role in the LC> AIESEC <LC Name>
<VP Name> Vice-President, <Portfolio> AIESEC <LC Name>