Memorandum of Agreement
Memorandum of Agreement
Memorandum of Agreement
2. BACKGROUND
The land best suited to the Project and most strategic in location was
the land owned by Hon. Paquito Madalina, Brgy. Chairman of
Camonoan, Dagami, Leyte with Lot No.___________and with an area of
________________________________square meters and located at Brgy.
Camonoan, Dagami, Leyte.
3. RESPONSIBILITIES
a. Each party takes legal and financial responsibility for the actions
of its members, officers, agents, representatives and
volunteers. Each party agrees to indemnify, defend and hold
harmless the other to the fullest extent permitted by law from and
against any and all demands, claims, actions, liabilities, losses,
damages, and costs, including reasonable attorney’s fees, arising
out of or resulting from the indemnifying party’s acts or omissions
related to its participation under this Memorandum of Agreement,
and each party shall bear the proportionate cost of any damages
attributable to the fault of such party, its officers, agents, and
members. It is the intention of the parties that, where fault is
determined to have been contributory, principles of comparative
fault will be applied.
b. Each party, at its sole cost and expense, shall carry insurance or
self insure to cover its activities in connection with this MOA, and
obtain, keep in force and maintain, insurance or equivalent
programs of self-insurance, for general liability, workers
compensation adequate to cover its potential liabilities hereunder.
5.FUNDING; COSTS.
The parties shall each be solely responsible for any and all costs
associated with their responsibilities under this MOA.
Represented by:
RUTH M. BORJA
CARCFA Chairman DATE
NOTARY PUBLIC