MoU Format

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Logo of Company 

Form No. IQAC/32

MEMORANDUM OF UNDERSTANDING

This Memorandum of Understanding is excecuted on Day, DD/MM/YYYY

Between

_________ Engineering Department (if applicable) of Dr D Y Patil School of


Engineering, an Engineering College run by Dr D Y Patil Educational Charitable
Trust, Pune- 412 105 (hereinafter referred to as “Dr D Y Patil School of
Engineering”, which expression shall, unless repugnant to the context or meaning
thereof, include its successors, legal representatives and permitted assignees) on
FIRST PART

And

Name of the Company, a Company duly organized and existing under the laws of
India having its registered office at ______________________________ (address
of company) (hereafter referred to as “Name of the Company”, which expression
shall unless repugnant to the context or meaning thereof, include its successors, legal
representative and permitted assignees) on SECOND PART

AND WHEREAS, “Dr D Y Patil School of Engineering” is among the noteworthy


academic institutes of Pune offering UG program in Civil Engineering, and UG and
PG programs in Mechanical Engineering, Electronics and Telecommunication
Engineering and Computer Engineering.

AND WHEREAS, Name of the Company, is a registered company, engaged in


_________________________ (Portfolio of company) AND WHERE both “Dr D
Y Patil School of Engineering” and Name of the Company are desirous of
associating with each other to expertise students of Dr D Y Patil School of
                                                                                              
Engineering on ________________________(possible area/subject of working)
will also help in conducting Expert
Lectures/Seminars/Workshops/Inernship/Industrial Visits/Consultacncy(keep
appropriate) as an addition to Dr D Y Patil School of Engineering curriculum in
co-ordination with Dr.D Y Patil School of Engineering Faculties & HoD.

Now therefore, in consideration of the premises and the actual covenants herein
contained, it is agreed by both Dr D Y Patil School of Engineering and Name of
the Company as under.

1.0 Definitions and Interpretation

1.1 “MOU” shall mean this Memorandum of Understanding executed


between Dr D Y Patil School of Engineering and Name of the
Company on DD/MM/YYYY.

1.2 “Party” or “Parties” shall mean Dr D Y Patil School of Engineering


and Name of the Company individually and collectively as the context
may require;

1.3 The headings/subheadings/titles sub-titles are only for the sake of


convenience and shall not be interpreted to restrict or otherwise affect
the meaning or import of the clauses, which shall be interpreted solely
in light of the contents thereof.

1.4 Use of words in the singular includes the plural and vice versa and the
masculine gender includes the feminine where applicable.

1.5 Where a word or phrase is defined, other parts of speech and


grammatical forms of that word or phrase shall have the corresponding
meanings. Any reference to ‘Writing’ includes printing, typing,
lithography and other means of reproducing words in visible form.

2.0 Focus Area


(You can keep, define, add and delete the appropriate issue of MoU)

e.g.
                                                                                              
2.1. Student Internship

2.2. Expert Lectures

2.3. Industrial Visits

2.4. Engineering Consultancy

2.5. Cost to all such Activities, Trainings, Industrial Lectures & Site visits
to be borne by __________________________ (Name of Party)

3.0 Responsibility Structure

3.1 Dr D Y Patil School of Engineering shall provide the infrastructure of


systems, LCD projector etc. for the Expert Lectures. Also the labs and
other research equipment available in the lab.

3.2 Name of the Company shall be responsible for arrangements & co-
ordination for supply of Industry Experties, Design training programe,
Process of necessary Appointments with Industries for Industry
Internship Program, Expert Lectures as well as Visits in co-ordination
with staff & HoD Civil Department of Dr D Y Patil School of
Engineering.

3.3 Dr D Y Patil School of Engineering shall create awareness amongst


its students for promotion of the activity especially Internship Program.

4.0 Certification

4.1. Upon completion of the Internship, Name of the Company & Dr. D.Y.
Patil School of Engineering will jointly conduct technical assessment
for students. The students qualifying the technical assessment shall be
certified with completion certificate.
                                                                                              

5.0 Relationship

This MOU relates solely to the intention of the parties, wherein Dr D Y Patil
School of Engineering and Name of the Company jointly work together and
shall not extend to any other activity or create a partnership between the
Parties hereto and under any law of any country. The parties agree that it is
not their intention to share any loss or profit between them in their respective
fields, except to the extent expressly provided herein.

6.0 Authority to Bind

No party shall act on behalf of the other party to contractually bind the other
Party under the terms of this MOU having first obtained the other Party’s
written agreement.

7.0 Confidential and Proprietary Information

7.1 “Confidential Information” shall mean all information, including the


material and licenses or other information if any so given to Dr D Y
Patil School of Engineering, written or verbal, identified as
confidential or of a nature that a reasonable person would understand
as being considered confidential by Name of the Company and
disclosed by Name of the Company to Dr D Y Patil School of
Engineering or its faculty which is related to Name of the Company
information such as course material, training data, guidance notes,
procedures, methodology, etc.

7.2 Dr D Y Patil School of Enginering shall hold in trust and confidence


for Name of the Company all confidential information provided by
Name of the Company and Dr D Y Patil School of Engineering shall
not disclose to any person or use such information for any purpose other
than defined in this MOU. Dr D Y Patil School of Engineering shall
not make any copies of the confidential information other than are
required for the work involved and with prior and mutual consent from
Name of the Company and shall return/destroy all such information at
the termination of the contract. By disclosing this information to Dr D
Y Patil School of Engineering, Name of the Company does not grant
                                                                                              
any expressed, implied or other license or right to Dr D Y Patil School
of Engineering to propagate the information. Name of the Company
hereby grants to Dr D Y Patil School of Engineering an academic,
non-exclusive, non-transferable right and license solely for the purpose
of providing practical training to the Dr D Y Patil School of
Engineering students.

7.3 Dr D Y Patil School of Engineering shall not disclose Name of the


Company confidential information without first obtaining written
consent from Name of the Company.

7.4 Dr D Y Patil School of Engineering shall disclose Name of the


Company confidential information only to Dr D Y Patil School of
Engineering employees having a legitimate reason to know the same
and shall inform each employee receiving the confidential information
of the confidential nature of the same and Dr D Y Patil School of
Engineering obligations hereunder.

7.5 Dr D Y Patil School of Engineering shall secure documents, items of


work in progress and work products that embody confidential
information in locked files or areas providing restricted access to
prevent its unauthorized disclosure. Dr D Y Patil School of
Engineering shall maintain adequate procedures to prevent loss of any
confidential information or confidential documents provided to it by
Name of the Company. In the event of any loss, Dr D Y Patil School
of Engineering shall notify Name of the Company immediately.

8.0 Termination

___________ (mention duration) year from the date of signing of MOU,


unless renewed on a mutually agreed terms and condition for a further period.
During the initial term or any renewal term, either party may terminate this
MOU, after mutually agreed days, with prior written notice to the other party.

9.0 Assignment
                                                                                              
This MOU shall not be assigned or otherwise transferred by any Party, in
whole or in part, without the express written consent of the Other Party.

10.0 Consequential Damages

Other than explicitly mentioned in this MOU, either Party shall not under any
circumstances or at any time be liable to the other under or in connection with
the MOU for any special or any direct or indirect loss or damage or for any
consequential loss or damage, whether direct or indirect, including but
without limiting the generality of the foregoing, loss of profits, loss of
production, or loss of opportunities.

11.0 Severability

If any provision of this MOU or the application thereof to any person, entity
or circumstance shall be invalid or unenforceable to any extent, the remainder
of this MOU shall not be affected thereby and the application of such
provision shall be enforced to the greatest extent permitted by law.

12.0 Arbitration

12.1 All disputes, differences or claims arising out of or in relation with this
MOU not limited but inclusive of as regards to rights, liabilities,
damages, claims, breach or interpretation of this MOU between the
Parties shall be referred to arbitration.

12.2 Any party shall give a written notice to other party of existing such
dispute, difference or claim. On receipt of such notice within 15 days,
the Head of Institution of Dr D Y Patil School of Engineering and
Partner, Name of the Company or any other persons so nominated by
the respective Parties, shall meet together and try to resolve such
dispute, difference or claim amicably. If such amicable solution is not
arrived within one month, then the matter shall be referred to
Arbitration.

12.3 The place of arbitration shall be Pune. The arbitration proceedings shall
be conducted in English as per the rules of The Arbitration and
                                                                                              
Conciliation Act 1996 by three (3) arbitrators appointed in accordance
with the said Rules. The Arbitration Decision shall be final and
binding.

13.0 Governing Law

The agreement shall be governed by Law of the Land.

14.0 Notices

14.1 Any notice and other communications provided for in the Agreement
shall be in writing in English and shall be first transmitted by facsimile
transmission and/or by internationally recognized courier service, in the
manner as elected by the Party giving such notice:
In the case of notices to Name of the Company.

Reg.Office Address:

Office Address:

College Address
Dr D Y Patil School of Engineering
Dr D Y Patil Technical Campus,
Dr D Y Patil Knowledge City,
Charholi, Via Lohegaon,
Pune, Maharashtra, India – 412 105

14.2 Either Party may, from time to time, change its address or
representative for receipt of notices or other communications provided
for in this Agreement by giving to the other not less than 15 days prior
written notice.

15.0 Entire understanding

This MOU expresses the whole agreement reached between the Parties.
Consequently, this Agreement supersedes any previous letter or document of
                                                                                              
whatsoever nature exchanged between the Parties with respect to this
Agreement.

16.0 Waiver

The waivers by one Party hereto of any default hereunder or of any covenant,
agreement or condition contained herein shall not be construed to constitute a
waiver of any other default or breach hereof whether similar or otherwise.

17.0 Amendment

No amendment to this MOU shall be valid and binding to the Parties unless it
is made in writing and signed by authorized representative of all Parties to this
Agreement.

In witness whereof the Parties have caused this Agreement to be executed by


their duly authorized representatives on this 10th Day of February 2016.

For Name of the Company Dr D Y Patil School of Engineering

Name: Name : Dr S S Sonavane


Designation: Designation: Director-TC

Witness: Witness:

Name: Name:

Name:

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