Memorandum of Understanding

MEMORANDUM OF UNDERSTANDING
This is the Memorandum of Understanding ("MOU") which is being executed

between:
Skillenza
AND
IEEE Student branch (STB10208) of Birla Institute of Technology, Mesra Off
campus Deoghar (JHARKHAND), INDIA. (hereinafter referred to as IEEE Student
branch, BIT Deoghar, which expression shall unless repugnant to the meaning
thereof, mean and include its successors and permitted assigns) of the SECOND
PART.
Date:
(Skillenza and IEEE Student branch, BIT Deoghar are individually referred to as
"Party" and collectively as the "Parties").
WHEREAS:
Skillenza is associating with IEEE Student branch, BIT Deoghar as the partner
for TECH TALKS and hence agree to be an Event partner of IEEE Student
branch, BIT Deoghar on the terms and conditions contained in this MOU and in
pursuance of the aforesaid; the Parties hereto wish to record under this MOU,
the terms of their mutual understanding with respect to their association.
NOW THE PARTIES HERETO AGREE AS UNDER:
1. DEFINITIONS:
1.1 "TECH TALKS" means the online technical festival organized by IEEE
Student branch, BIT Deoghar.
2. SCOPE OF THE MOU

The purpose of this MOU is to reach an understanding between the Parties in
relation to the in-kind partnership with IEEE Student branch, BIT Deoghar.
Each Party shall have the right, in its sole discretion, to determine how it will
fulfil it's obligations hereunder.
The scope of the MoU is between IEEE Student branch, BIT Deoghar and
Skillenza. IEEE Student branch, BIT Deoghar has no involvement in this and
thus Skillenza can’t use the Birla Institute of Technology, Mesra Off campus
Deoghar logo for any purpose except TECH TALKS logo which can be used.
3. Skillenza DELIVERABLES:
● Skillenza shall provide 15 T-shirts to winners of Tech Talks Event.
● Skillenza shall provide goodies(stickers).
● Skillenza shall provide credentials of Microsoft Azure and AWS.
4. IEEE Student branch, BIT Deoghar DELIVERABLES

Marketing/Collaterals
● Feature as Partner in ﬂexes,
banners, standees and other promotional
The material of TECH TALKS.
● Promo onal material with branding as
Partner can be put in attendee and guest kit of TECH TALKS.
● Use of the Skillenza provided portal for hos ng the videos onsite.
5. TERM AND TERMINATION

5.1 This MOU shall be valid till the completion of TECH TALKS i.e. till August
2020 from the date of execution hereof ("Term"). However, all monetary
obligations (if any) must be fulfilled on or before the mentioned dates, even if
it exceeds the ‘Term’.
5.2 IEEE Student Branch, BIT Deoghar shall have the right to terminate the
Memorandum of Understanding by giving one months’ written notice in
writing to the other Party at any time. If the Memorandum of Understanding is
terminated, steps shall be taken to ensure that the termination does not affect
any prior obligation, payments, project or activity already in progress.”
6. CONFIDENTIALITY
6.1 Any information, whether written, verbal or in any other form, furnished
hereunder by one Party to the other or its employees, representatives or
agents shall be considered confidential by the receiving Party, which shall take
all necessary precautions to keep information secret and confidential.
6.2 Either Party may disclose the general terms of this Agreement (but not the
commercials or the specific details therein) for publicity subject to the
condition that the Party so wishing to disclose gets the content to be
published, publicized or disclosed to be approved by the other Party.
7. MISCELLANEOUS
7.1 Neither Party shall not be liable by reason of failure or delay in the
performance of its obligations under this MOU if such failure or delay is caused
by acts of God, strikes, lockouts, war or any other cause beyond its control and
without its fault or negligence.
7.2 This MOU supersedes all prior understandings, if any, between the Parties
concerning the subject hereof.
7.3 No amendments to the MOU shall be valid unless executed in writing and
signed by both Parties.
7.4 Company shall not use IEEE Student Branch, BIT Deoghar name, logo and
official seal in any form or manner whatsoever, or any abbreviation of the
name of IEEE Student Branch, BIT Deoghar, without the prior written
authorization of the Overall Coordinator of IEEE Student Branch, BIT Deoghar.
7.5 In the event of a dispute, controversy or claim arising out of or relating to
this Memorandum of Understanding, or the breach, termination or invalidity
thereof (a “dispute”), the Parties will use their best efforts to settle promptly
such dispute through direct negotiation. Any dispute that is not settled within
thirty (30) days from the date either party has notified the other Party of the
nature of the dispute and of the measures that should be taken to rectify it will
be resolved through consultation between the Overall Coordinator of IEEE
Student Branch, BIT Deoghar and the Managing Director of Company or their
duly authorized representatives. Each Party will give full and sympathetic
consideration to any proposal advanced by the other to settle amicably any
matter for which no provision has been made or any controversy as to the
interpretation or application of this MOU.
7.6 Company acknowledges the ownership, validity, originality, value, and
goodwill of the Name, logo and all other marks of IEEE Student Branch, BIT
Deoghar and agrees that it will do nothing inconsistent therewith.
7.7 The Memorandum of Understanding will enter into force upon signature by
the Parties.
IN WITNESS WHEREOF the Parties hereto have signed this MOU as of the day
and year first
above written:
Signed and delivered for and on Signed and delivered for and on
Behalf of Company behalf of IEEE Student Branch, BIT
Deoghar
Name:
Name:
Title:
Title:

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MEMORANDUM OF UNDERSTANDING

This is the Memorandum of Understanding ("MOU") which is being executed

2. SCOPE OF THE MOU

4. IEEE Student branch, BIT Deoghar DELIVERABLES

5. TERM AND TERMINATION

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