Amuja Cement MoU

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MEMORAI\IDUM OF TJNDERSTANDING BETWEEN Ambuja Cement- a registered company AND Saurostra University - an Academic Institution This Memorandum of Understanding (MoU) is enteredbetween Ambuja Cement,a company incorporated under the IndianCompanies Act, 1956 havingits registered office, and represented by its undersigned of the ONE PART; andSaurastra Universitlt,a Gujaratbased college / universityrepresented by undersigned of the OTHER PART; Yther|as Ambuia Cement and Saurastra Universityshall be hereinafter jointly referred to as the "Parties" andsingularly asa ,,pas |'-. The Parties has decided to agree to establish industry-academic collaboration in areas of mutual interest and in accordancewith terms and conditions set forth in this Memorandum of Understanding (MotI), Ambuia Cementand Saurastrallniversity agree on following activities: l' Ambuja Cement will provide supportfor designing the coursecurriculum at Saurastra University which would be relevant for industry. To achieve this, seniorofficials fromAmbuja Cement will work in closecollaboration with faculty members of Saurastra (Iniversity. 2' Once a curriculum is designedand courses relevant to industry are offered at Saurastra University, seniorofficials fromAmbuia Cement will share their knowledge and experience by way of taking sessions, participating in seminars and other academic activiti es of Saurastra University. 3' embuia Cement will offer summer internship to interested students of Saurastra (Jniversity at its offrces / project-locations so that the students get hands on experience of live projects. The nurnberof students, who can be considered for internship,would be as mutually decided betweenAmbuja cement and saurastra (Iniversity every year. 4' Ambuia Cement will arrange to provide periodic field visits to faculty and studentsof Saurostra University at its project sitesto enable them to get practical exposure and learning from interaction with members of Ambuja cement 's project-teams. 5' Depending on requirement,Ambuia Cement may offer specific projects with identified deliverables to be executed by Saurastra University. Detail modalities including financials would be mutually worked out for each project/assignment. 6' After Saurastra Univercity startsoffering courses relevantto the industry in which Ambuja Cement operates and basedits requirements, Ambuja Cement may participate in campus placements; when it doesso,Ambuia Cement will be given priority status like invitation for zero-day placement etc. 7' Saurastra Universitywill give preference to officials of Ambuja Cementin pursuing advance trainingand/or post graduation studies at its variousschools. Each Party shallappoint one nodalofficer to periodically reviewand identifu waysto strengthen cooperation between them. This MoU will take effect from the date it is signedby representatives of the parties. It will

Transcript of Amuja Cement MoU

Page 1: Amuja Cement MoU

MEMORAI\IDUM OF TJNDERSTANDINGBETWEEN

Ambuja Cement- a registered company

AND

Saurostra University - an Academic Institution

This Memorandum of Understanding (MoU) is entered between Ambuja Cement, a companyincorporated under the Indian Companies Act, 1956 having its registered office, and representedby its undersigned of the ONE PART;

and Saurastra Universitlt, a Gujarat based college / university represented by undersigned of theOTHER PART;

Yther|as Ambuia Cement and Saurastra University shall be hereinafter jointly referred to as the"Parties" and singularly as a ,,pas |'-.

The Parties has decided to agree to establish industry-academic collaboration in areas of mutualinterest and in accordance with terms and conditions set forth in this Memorandum ofUnderstanding (MotI), Ambuia Cement and Saurastra llniversity agree on following activities:

l' Ambuja Cement will provide support for designing the course curriculum at SaurastraUniversity which would be relevant for industry. To achieve this, senior officials from AmbujaCement will work in close collaboration with faculty members of Saurastra (Iniversity.

2' Once a curriculum is designed and courses relevant to industry are offered at SaurastraUniversity, senior officials from Ambuia Cement will share their knowledge and experience byway of taking sessions, participating in seminars and other academic activiti es of SaurastraUniversity.

3' embuia Cement will offer summer internship to interested students of Saurastra (Jniversity atits offrces / project-locations so that the students get hands on experience of live projects. Thenurnber of students, who can be considered for internship, would be as mutually decidedbetweenAmbuja cement and saurastra (Iniversity every year.

4' Ambuia Cement will arrange to provide periodic field visits to faculty and students ofSaurostra University at its project sites to enable them to get practical exposure and learningfrom interaction with members of Ambuja cement 's project-teams.

5' Depending on requirement, Ambuia Cement may offer specific projects with identifieddeliverables to be executed by Saurastra University. Detail modalities including financialswould be mutually worked out for each project/assignment.

6' After Saurastra Univercity starts offering courses relevant to the industry in which AmbujaCement operates and based its requirements, Ambuja Cement may participate in campusplacements; when it does so, Ambuia Cement will be given priority status like invitation forzero-day placement etc.

7 ' Saurastra University will give preference to officials of Ambuja Cement in pursuing advancetraining and/or post graduation studies at its various schools.

Each Party shall appoint one nodal officer to periodically review and identifu ways to strengthencooperation between them.

This MoU will take effect from the date it is signed by representatives of the parties. It will

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remain valid for five years, and may be continued thereafter after suitable review and agreement.Either Pa4y may terminate ttT M;u by giving writren noti." to the other party six months inadvance' once terminaJef, neither Amtiii ceient nor saurastra Universitywill be responsiblefor any losses, financial or otherwis", *hirh the other earty may suffer. However, Ambujacement and sourastra university wili ensure that all activities in progress are allowed 1o becompleted successfully

This MoU is signed subject to approval of the respective academic/administrative bodies.

V Dra:Z.tv"-r'tt <t

On behaff of Ambuja CementSigned by:

On behalf of Saurastra UniversitySigned by:

4v*D a t e : f O / t I t a nDate: tqel /eet t