MEMORANDUM OF UNDERSTANDING

This Memorandum of Understanding is between CareerCaptains Institute or CCI (hereinafter referred to as the First Partner) on the one hand.

 

            AND

 

You (hereinafter referred to as the Second Partner) on the other hand.  

 

WHEREAS:

 

1.      CareerCaptains Institute is an Entrepreneurial Company which registered head office is situated at #23, HillStreet, New Town, Accra Ghana.

2.      Your Name and Address (As described in the form filled by you).

3.      Both companies have agreed to the Second Partner to be a trainer for CareerCaptains Institute Online Class to advocate for development of meaningful entrepreneurial culture and to motivate young entrepreneurs. 

 

THE PARTIES HEREBY WITNESS AS FOLLOWS:-

 

1.      That CareerCaptains Institute has agreed with the Second Partner (hereinafter referred to as Trainer on the other hand) for percentage contract payment or a one off payment as agreed.

2.      This Memorandum of Understanding equally regulates the transaction between the two parties as far as the Training is concerned.

3.       That  the Online Training Class :

·         Is designed to engage and reward participants as they go through different levels of tasks to enhance and nurture them to be world class solution providers and industrial entrepreneurs in the areas of creativity.

·         Is targeted at connecting and promoting the interest of African youthful population and that of the world at large; and prospective entrepreneurs in indigenous careers solutions for manufacturing and production in the areas of vocational crafts; product Design and packaging and development.

4.      That CareerCaptains Institute has agreed with the Second Partner (hereinafter referred to as Trainer on the other hand) that all the contents of the Training remains absolute property of CareerCaptains Institute and cannot be used again by any other person.

5.      That second partner (hereinafter referred to as Trainer) will be entitled to 10% of the registration fee per student in each of the training they herein deliver.

6.      That cumulative amount received in a period of 28 day will be forwarded into the account provided by  the Second Partner (hereinafter referred to as Trainer) on the 28th day of every month which could otherwise change based on circumstances which could be beyond the control of the first partner (hereinafter referred to as CareerCaptains Institute).

7.      That this MoU runs for a period of 2 years and subject to renewal or termination.

8.      The second partner (hereinafter referred to as Trainer) is obliged to make truthful information when registering. The user account on https://www.careercaptainsinstitute.com applies only to the respective user and is not transferable. Username and password (login), identify the user and may be used only by the user. The user is responsible for ensuring that third parties having no knowledge of his or her password. The provider reserves the right to terminate the user’s account in case of suspicion of misuse or may cancel the access to the portal.

9.      That in the case of wrong information or misrepresentation, CareerCaptains Institute (hereinafter referred to as First Partner) reserves the right, if necessary, to terminate this contract and as well reserve the right to all materials made by/with the second partner (hereinafter referred to as “Trainer”).

10.  The User (hereinafter referred to as Trainer) is responsible for all acts of the user account. CareerCaptains Institute (hereinafter referred to as First Partner) reserves the right, if necessary, to claim the revenue loss caused by the damage.

11.  CareerCaptains Institute (hereinafter referred to as First Partner) strives to ensure that the portal functions properly at all times. However, the provider does not guarantee uninterrupted access especially from third party providers.

12.  With your registration with the CCI, you (hereinafter referred to as “Trainer”) agree to these general terms and conditions of business (hereinafter referred to as “T&C”). By completing the registration you enter into a valid contract with the provider. Please read these T&C carefully, as they make up the legal framework applying to partner with CCI.

13.  Should individual points of these T&C be legally invalid, the remaining portions hereof shall be unaffected and remain binding.

14.  CareerCaptains Institute (hereinafter referred to as First Partner) reserves the right to modify these T&C at any time and without indicating the reason for such modification, as far as those modifications are based upon changes in the services provided by CareerCaptains Institute (hereinafter referred to as First Partner) or upon legal changes or changes due to technical requirements. This includes the provider offering new services. The modified T&C shall be sent to the user in advance by email. If the user does not object to the modified T&C within a period of six weeks, they are deemed to be accepted. If the user objects, CareerCaptains Institute (hereinafter referred to as First Partner) shall separately point out these legal consequences in the email with the modified T&C.

 

 

IN WITNESS WHEREOF the parties hereby set their hands and seals the day and the year first above written.

 

 

 

 

 

 

SIGNED, SEALED AND DELIVERED

BY THE WITHIN NAMED FIRST PARTNER (CAREERCAPTAINS INSTITUTE) & SECOND PARTNER (TRAINER)