MOU GTT Foundation (2) (36781)

MEMORANDUM OF UNDERSTANDING (MoU)
BETWEEN
Shri Yogindra Sagar Institute of Technology & Science,

Ratlam
AND
Global Talent Track Foundation,

Pune, Maharashtra.
This Memorandum of Understanding is made on /01/2022

Shri Yogindra Sagar Institute of Technology & Science , Ratlam having its Registered
Office at Ratlam. hereinafter referred to as “SYSITS, RATLAM” (Which term shall so far as the
context admits be deemed to mean and include its successors and assigns) of the First Part,
AND
GTT Foundation a Non-Profit Organization registered to have its registered office at 10,
Talera Park, Kalyani Nagar Pune-411014. As part of Barclay's CSR initiative, Barclays has
decided to skill unemployed youths as per the industry requirement. Barclays has
decided to partner with GTT Foundation in this initiative. GTT would be executing the
Soft Skill training program under this initiative. Hereinafter referred to as “GTTF”
(which expression shall, unless it be repugnant to the subject or context thereof, include its
successors and permitted assigns) of the Second Party.
WHEREAS:
1. RGPV & VIKRAM is a University of state Govt. by Act of M.P. State Govt.
2. GTT Foundation is engaged in the field of education & employability domain that
provides training to the students as part of their CSR activity
3. SYSITS, RATLAM and GTTF are willing to enter into a Memorandum of
Understanding (MOU) for the skills enhancement training program for the students of the
SYSITS, RATLAM through the technology platform or other face to face initiatives.
NOW IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS

UNDER:
1. Objective:
The objective of this MOU is to enable students of access SYSITS, RATLAM to
resources that would enhance their employability.
2. Period of MOU:
This MOU shall come into force and effect from the date of execution and shall remain
valid for a period of Two years from such date after which the same may be reviewed by
either party. However, if the same is not renewed this arrangement will be deemed
terminated on the expiry of the said duration period.
3. Roles and Responsibilities of the SYSITS, RATLAM:

a. The SYSITS, RATLAM shall be responsible to nominate one person with
adequate accountability and responsibility to coordinate the engagement. The
person so appointed would act as the single point of contact (SPOC) for the
proposed initiative.
b. The SYSITS, RATLAM shall provide venue in its premises for training of students
by GTTF. The SYSITS, RATLAM shall share in its letterhead the details of the
students who will attend the aforesaid training program with GTTF like name,
program in which Candidate is studying, qualification (along with the expected year
of completion) and other documents essential for GTTF training requirements.
c. It would be the responsibility of the SYSITS, RATLAM to ensure that proper
publicity of the Program is made among the students.
d. To encourage the Students to register for the Program by informing them about the
benefits of the program, which shall be explained by GTTF to the students.
e. It would be responsibility of the SYSITS, RATLAM to ensure that the students
adhere to training schedule.
f. To provide all the support services and facilities to GTTF during the conduct of the
said Training Program.
g. To coordinate with GTTF and facilitate conduct of all the assessments including the
assessment to be conducted by the external agency (if any) identified by GTTF, as per
schedule agreed with GTTF.
h. To assist GTTF in collecting the details of the students who have undergone the
aforesaid training.
4. Roles and Responsibilities of GTTF:

a. GTTF shall be responsible to provide access to employability enhancement related
activities through blended learning model.
b. GTTF willarrange for assessment of its own and also arrange external assessment as
required.
c. GTTF will facilitate placement of students with their client/ customer companies in
suitable positions and also recruit for their own requirements.
d. GTTF to adjust its training taking into account curriculum schedule and other
activities of the -----------.
5. Other Terms and Conditions:

Following are the other terms and conditions of MOU:
a. The students enrolled should complete the training as scheduled.
b. Program Coordinator to be appointed by SYSITS, RATLAM.
c. TPO’s active support and participation is required for smooth & efficient conduct
of the program.
d. The GTTF shall not write/publish any material or use any logo/name of/in any of
the publications without prior written consent and approval from SYSITS,
RATLAM.
6. Commercials:
This life skills enhancement training program is free of cost. GTTF shall not charge any
fees on whatsoever account/name from the students or the SYSITS, RATLAM for
conducting the aforesaid training program. All arrangements including stay, travel, food
etc. and remuneration for the trainers shall be made by GTTF at its own.
7. Certification:
Certificates shall be awarded by GTTF to the students on successful completion of the
training and clearing of the assessment held post completion of the training program.
8. Limitations and Warranties :

Both parties agree that it would be their endeavor to prevent any liability arising out of
default or non-compliance of the MOU terms by the other party.
9. Termination:
a. Both parties can terminate the MOU with a prior written thirty (30) day notice on
default of terms or non-adherence to any condition or responsibilities by the other
party as outlined in this MOU in case such default is not rectified within such 30
days.
b. Both parties also agree that it would be their endeavour that despite any termination
of the MOU, progress would continue, without any prejudice to the ongoing
Training Programs, which would be without any hindrance and would be
progressed for completion.
10. Entirety and Amendment:

This MOU contains the entire understanding between the Parties in relation to the
Training Program, If during the operation of the MOU, circumstances rise which call for
alteration / modification to this MOU, such alteration / modification shall be mutually
discussed and agreed upon in writing. Such changes will be formalized in writing as an
‘Addendum’ to this MOU. Any changes/amendments to this MOU not in conformance
to this section shall be deemed to be void-ab-initio.
11. Confidential Information:

Both parties undertake to each other to keep confidential all information (written or
oral) concerning the business and affairs of the other, which has been obtained or
received during the course(s) of performance.
12. Force Majeure:

Any extraordinary event, which cannot be controlled by the parties, shall for the purpose
of this MOU be considered as a Force Majeure event. Such events include acts of God,
acts or omissions of any Government or agency thereof, compliance with rules,
regulations or order of any Government Authority. Provided however, if either party
claims that existence of any of the aforesaid conditions is delaying or disabling the
performance by said party of its obligations under this MOU, such party shall give
immediate notice to the other party of the existence of such conditions whose existence
are claimed to delay or disable the performance of obligations as aforesaid.
13. Non-Solicitation:
The MMMTU agrees that during the term of this Agreement and for a period of two (2)
years after the termination or expiry thereof, it shall not, directly or indirectly, employ,
contract, solicit, hire or otherwise utilize the services of an existing employee of GTTF.
14. Jurisdiction and Arbitration:

a. In the event of any dispute or difference between the Parties hereto, the courts in
RATLAM alone shall have exclusive jurisdiction to try any matter arising between
the Parties here-to and accordingly both the Parties shall submit to the exclusive
jurisdiction of courts in RATLAM , MADHYA PRADESH.
b. Any dispute arising out of, in relation to or in respect to this MOU shall be settled
through mutual consultation and agreement, by the Parties to this MOU. In case a
settlement is not arrived at within fifteen (15) days of reference, the dispute/s shall be
referred to a sole arbitrator to be appointed in accordance to the Arbitration and
Conciliation Act, 1996 as amended from time to time. The place of arbitration shall
be RATLAM.
IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement as on the day,
month and year first hereinabove written
On the behalf of On the behalf of on
SYSITS , RATLAM, GTT Foundation, Pune
(Authorized Signatory) (Authorized Signatory)
Name: Dr. Anand Trivedi Name:
Designation: Principal Designation:
Place: Ratlam Place:
Date: 24-03- 2022 Date:
Stamp: Stamp:
Witness: Witness:
1. Abhishek Jain 1.
2. Imran Hussain 2.

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MEMORANDUM OF UNDERSTANDING (MoU)

Shri Yogindra Sagar Institute of Technology & Science,

Global Talent Track Foundation,

This Memorandum of Understanding is made on /01/2022

NOW IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS

3. Roles and Responsibilities of the SYSITS, RATLAM:

4. Roles and Responsibilities of GTTF:

5. Other Terms and Conditions:

8. Limitations and Warranties :

10. Entirety and Amendment:

11. Confidential Information:

12. Force Majeure:

14. Jurisdiction and Arbitration:

On the behalf of On the behalf of on

SYSITS , RATLAM, GTT Foundation, Pune

(Authorized Signatory) (Authorized Signatory)

Name: Dr. Anand Trivedi Name:

Designation: Principal Designation:

Place: Ratlam Place:

Date: 24-03- 2022 Date:

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