Bid Build and Curate

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27-29, September 2024

Date: 27th September 2024

MEMORANDUM OF UNDERSTANDING (MoU)

Between

Social House Learning

And

Vellore Institute of Technology (VIT), Vellore

This MoU is made and entered at Vellore on _______ by and between Social House Learning
represented by Mr. Mayank Veerwani and Vellore Institute of Technology (VIT), Deemed to be University,
Vellore represented by Convenor of graVITas’24, Dr. Sharmila N.

According to the terms and conditions which were orally agreed and now the same is hereby reproduced into
writing and signed by the parties.

1.This agreement shall be effective from 27 September 2024 to 29 September 2024.


• Social House Learning shall conduct the event, Bid Build and Curate under the norms stipulated for the
graVITas’24.

• It is mutually agreed that Social House Learning shall extend their services in conducting Events / Workshops to
VIT.

• VIT shall appoint a coordinator at its own cost who shall be the contact person between Social House Learning
and VIT.

• Social House Learning shall pay a sponsorship fee of Rs 11800 (Seventeen thousand seven hundred rupees only
plus 18% GST) including GST will be transferred towards graVITas 24 event Bid Build and Curate.
27-29, September 2024

• Both parties shall promote graVITas’24 through their advertising media.

• VIT shall provide separate manpower at its own cost for the smooth conduct of Events/workshops.

• VIT shall provide the necessary infrastructure including provision of adequate space, furniture, computer with
required internet connections, required power supply for conducting the events /workshops.

• Registration fee for events / workshops agreed upon by both parties will be collected and maintained by VIT.

• All events / workshops registration shall be carried out only by the registration team appointed by the convenor
graVITas’24 of VIT.

• VIT will provide accommodation / travel / transport / food / refreshment / required halls / certificates /
mementos / prize money / tags / kits / stationary / banner (only wherever applicable and mutually agreed upon) at
the actual cost.

• Event will have to start on scheduled time, failing which the event will be cancelled and the financial overhead
should only be borne by the company.

• Any information, whether written, oral 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 the confidential information.

• 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.

• Either party can exercise the right to terminate the MoU upon 15 days of notice, if any party commits a breach of
any of its obligations under the agreement.

a. Any disputes between the parties shall be resolved by mutual discussions. Unresolved disputes, if any, shall be
resolved by Arbitration in accordance with the Arbitration and Conciliation Act, 1996. The venue of arbitration
shall be Vellore. The decision of the arbitrator shall be binding on both parties.

IN WITNESS WHEREOF, these duly authorized representatives of the parties hereby execute this agreement, the
day and year first before written.
27-29, September 2024

Signed and Stamp Convenor, graVITas’24

Signed and Stamp on behalf of Social House Learning

WITNESS:

1.
2.

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