This Memorandum of Agreement (herein referred to as “Agreement”) is made and entered into the City of Cabanatuan, Philippines by and between:
Land Bank of the Philippines “Land Bank of the Philippines” with office address at 3/F Land Bank Building, Gabaldon St., Cabanatuan City, Represented by its Department Manager II, Nueva Ecija Lending Center, Mr. Eduardo N. Reyes, Jr., herein after referred to as Land Bank of the Philippines.
-and-
WESLEYAN UNIVERSITY – PHILIPPINES “WESLEYAN UNIVERSITY – PHILIPPINES”, Mabini Extension, Cabanatuan City, represented by Dean, College of Business and Accountancy, DR. MARIA VICTORIA M. ALVAREZ herein after referred to as WESLEYAN UNIVERSITY – PHILIPPINES.
WHEREAS, Land Bank of the Philippines in its concern to enhance the training and development of more and better professionals, has teamed up with WESLEYAN UNIVERSITY – PHILIPPINES for an On-The-Job Training Program (“Program”) to provide training and support to the students of WESLEYAN UNIVERSITY – PHILIPPINES, College of Business and Accountancy on the current trends and latest developments in the industry, and, to expose them to actual industry situations, thereby enhancing their formal schooling.
NOW, therefore, for and in consideration of the foregoing premises, Land Bank of the Philippines and WESLEYAN UNIVERSITY – PHILIPPINES hereby agree on and stipulate the following: MR. EDUARDO N. REYES, JR.
DM II – Department Manager/Head, NELC
A. Land Bank of the Philippines shall: 1. Undertake the selection process of the recommended students in adherence to Land Bank of the Philippines policies and guidelines in the section for its purpose; 2. Provide the venue3 and assign personnel to take charge as well as supervise on-the-job training of students; 3. Provide WESLEYAN UNIVERSITY – PHILIPPINES students information, training, and support; 4. Provide students exposure to actual office environment; 5. Accomplish