A memorandum of understanding is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen’s agreement.
Our Elysium Technologies Private Limited have been signing MOU for many colleges, in our series another college has been added in 19/09/2011. This MOU is for the final year MCA students to pursue their final year projects in our industry. We give the stipend for students for their training in our concern and they will do the task assign by our Technical Team. This gains the industrial experience in their career and they can gain the experience in their technical knowledge.
On that Pleasant occasion our CEO Mr. K.Sundaresh, Mr. Baranidharan, Principal of KLN College, HOD of CSE Department, Prof Mr. Kannan, Staff members and Students were participated in the occasion. Our CEO have explained about the process that we are going to proceed, All the staff members and students were eagerly listened the speech.
The MOU had been signed in front of all the students, our company director and the HOD of the CSE department had signed in the MOU. Finally memento will be afforded and the function has successfully concluded.
Working together, we will assure clear, consistent standards for the industry…