TRAINING CONSULTING AGREEMENT RSRL/AS/1208/02
Ref #:
This agreement is by and between Regional Software Research Labs incorporated with a mission to grow and excel in Software Development Business, Consistent with the national priorities, as well as to pursue the goal of self-reliance, located at AB-123, I-Floor, IGMS Complex, Opp.Police Grounds, M.G.Road, Vijayawada, India and hereinafter called RSRL. And Chirala Engineering College Located at Chirala. Represented by Mr. Ashok Kumar here in after called Associate. 1. Supplying Manpower: RSRL is supplying personnel to Associate for their training needs of who can place them at their facility with mutual consent of the parties, to train their students in Information Technology and personality development related courses. 2. Cross Employment: Associate recognizes and agrees that RSRL has spent considerable amount of time, effort and money in identifying, nurturing and providing skilled professionals. Therefore, Associate under, this agreement aggress that during the term, which Associate provides place to RSRL’S personnel at own, as agreed to, Associate will not under any circumstances pursue or hire the professionals of RSRL showing better opportunities for a period of 24 months from the date of contract / interview without the written consent of RSRL. If such hire takes place, then Associate shall pay the damages to RSRL, which is equal to 24 months of consultant salary who have been hired by associate. 3. Technologies: B.Tech (CSE / IT), MCA on JAVA Technology B.Tech ECE Department on Embedded, Matlab, VLSI, DSP 4. Training Schedule: I. a) b) c)
JAVA Schedule Time : 8-30 A.M to 6-30 P.M Schedule Days : Five days a Week ( Mon- Fri) Schedule Duration : 26th Dec 2008 to 5th April 2009.
26th Dec 2008 to 31st May 2009 for MCA Students. II. d) e) f)
EMBEDDED: Schedule Time : 11-30 A.M to 6-30 P.M Schedule Days : Three days per Week Schedule Duration : 15th Jan 2009 up to Viva.[Min 45 days, Max. 60days]
5. Faculty Details: JAVA Faculty JAVA Lab-Coordinator’s Embedded Faculty Embedded Lab-Coordinator’s
: : : :
Mr.T.Satayanarayana Four Members Mr.D.Nagendra Four Members
6. About Course Material, Hardware Maintenance, Project Norms: Six Copies of Course Material will be supplied to the Project Lab. Required Software will be provided by RSRL. Soft Copy of Course Material Systems will be maintained by RSRL with the support of CSE lab staff in Project lab. Project norms shall meet specifications of JNTU in respect of number of candidates per batch and training duration & timings.
7. Billing: The College will pay Rs.2, 50,000/- (Two Lakh Fifty Thousand Rupees only) for Eighty members of B.Tech (CSE / IT) Students. If any student added, extra amount will be paid (i.e.3,125 /-) The College will pay Rs.1,00,000/- (One Lakh Rupees only) for Twenty members of MCA Students. If any student added, extra amount will be paid (i.e.5,000 /-) : 80 x 3,125 = 2, 50,000/: 20 x 5,000 = 1, 00,000/: 130 x 2,750 = 3, 57,500/--------------Total 7, 07,500/--------------Note: No T.D.S will be deducted from the above payment
B.Tech: CSE / IT Eighty Students P.G : MCA Twenty Students B.Tech: ECE Dept., 130 Students
7. Payment Mode:
Associate has to release the payment to RSRL with in the below modes of invoice, all the Cheques / Demand Drafts in favor of Regional Software Research Labs. 1. By 15th Jan, 2009 – 20 % (One Lakh Thirty Seven Thousand and Six hundred Only)
2. 3. 4. 5.
By By By By
15th Feb, 2009 – 20 % 15th March, 2009 – 20 % 15th April, 2009 – 20 % After Completion of MCA remaining – 20 %
8. Termination: RSRL Team should abide to the Rules & Regulations of Chirala Engineering College. Associate has right to cancel MOU with RSRL at any time under any circumstances. After Signing this MOU any further negotiations- Conclusions raised will be furnished in separate Finalized Order form duly signed by both the Parties and that form is considered to be the billing details for raising the invoice by RSRL for the Associate. Either party to this agreement may cancel this agreement at any time upon 30 days prior written notice. IN WITNEES WHERE OF, RSRL, And Associate, have executed this Agreement as of Date: For RSRL:
For Associate:
By: ____________________________
By: _____________________________
Name:
Name:
Title:
Title: