SOP Exhibits
Title
:
Annex A - Memorandum of Agreement
SOP Number :
TS-ES25
ANNEX A
MEMORANDUM OF AGREEMENT
This Memorandum of Agreement entered into this ___________________ day of ________________, 20____ in _______________________________ by and between:
_______________________________________________ a farmers organization duly registered with ______________________________________, with office address at _______________________ , hereinafter referred to as “_______________________”;
The NATIONAL FOOD AUTHORITY , a government agency created pursuant to Presidential Decree No. 4, as amended, with office at __________________represented in this at by its Provincial Manager ________________________ , hereinafter referred to as “NFA”.
WITNESSETH
WHEREAS, NFA’S thrust towards stabilization of supply and prices of rice, palay and corn and food security undertakes a number of programs that will enhance the farmers’ productivity and marketing of their produce ;
WHEREAS, the ____________________________ , a farmers’ organization with ___________________________ farmer - members, engaged in the production of palay / corn, plans to improve the socio - economic status of its members by availing of the incentives / programs of NFA ;
WHEREAS, the NFA embarked on providing incentives to farmers’ organizations who sell their produce to NFA, one of which is the Cooperative Development Incentive Fund program wherein a monetary incentive for the sale of the farmers’ produce is granted to them for the payment of NFA loans or loans granted by third parties, acquisition/or rental of Post Harvest Facilities (PHF), for the training expenses of the farmers’ organization and payment of license/s obtained from NFA;
NOW , THEREFORE , on the basis of the foregoing premises , the parties hereby agree as follows :
ARTICLE I
1. The parties hereto agree that this Memorandum of Agreement shall cover the coordinated activities of the parties in the granting / utilization of the Cooperative Development Incentive Fund (CDIF).
ARTICLE II
ROLES AND RESPONSIBILITIES OF THE PARTIES
2. The parties shall specifically undertake the following:
2.1 The ________________________________ shall :
a. Sell its palay/corn produce to NFA for the grant of the appropriate CDIF ;
b. Utilize its CDIF only for the purpose defined in its written application for CDIF withdrawal as approved by the NFA and consistent with the SOP on the Cooperative Development Incentive Fund (CDIF) ;
c. Provide NFA with pertinent data / information regarding the utilization of the CDIF everytime upon withdrawal and utilization ;
d. Inform all farmer - members of the CDIF funded projects: and
e. Properly maintain and operate the CDIF funded PHF for the benefit of its members ;
2.2 The NFA shall :
a. Grant to the FO the amount of _________________CDIF per kilogram ENW of palay/corn.
b. Release the CDIF of ___________________________ upon approval of its request for CDIF withdrawal ;
c. Inspect and evaluate the utilization of the CDIF funded PHF/training/project of ___________________________ ;
d. Assist the __________________________ with the problems encountered relative to the CDIF funded PHF / project;
e. Inform the farmers’ organization that its accumulated CDIF shall be considered inactive when it shows no transaction for a period of two (2) years and that it shall be forfeited;
f. Forfeit the accumulated CDIF of ________________ and perpetual disqualification from any transaction with the NFA should the farmers’ organizations be found out to have diverted the utilization of its CDIF for the 3
rd
time to another purpose not approved by the NFA or misrepresented in its transaction with the NFA; and,
g. Forfeit the accumulated CDIF of _________________ should the farmers’ organization cease to be active/operational for a period of two (2) years as determined by NFA with the FO’s registering agency.
ARTICLE III
This MOA shall take effect upon signing hereof, and shall continue to be in full force until revoked by any of the parties.
The parties further agree to strictly adopt the implementing rules and regulations of the SOP on Cooperative Development Incentive Fund CDIF in order to effectively implement the provision of the MOA.
In WITNESS WHEREOF, the parties hereto have hereunder affixed their signatures this _____________________ day of _____________ , 20 ___ at _____________________.
(F.O.)
_______________________ NATIONAL FOOD AUTHORITY
BY: BY:
__________________________ _____________________________
Chairperson Provincial Manager
SIGNED IN THE PRESENCE
_______________________ ___________________________
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES
_____________________________) S. S
BEFORE ME, a notary public, personally appeared __________________________________________________________________ with Community Tax Certificate No. ___________________ issued on ________________________ at _______________________ and _____________________ with Community Tax Certificate No. ___________________________ issued on_____________________________ at _____________________ known to me and to me known to be same persons who executed the foregoing instrument and acknowledged to me that the same are their free act voluntary deed including the entries they respectively represent.
The instrument consists of three (3) pages including this page on which this acknowledgment is written, have been signed by the parties and witnesses on each and every page thereof.
WITNESS MY HAND AND SEAL, this ________ day of ________________________________ 20 ___ at _______________________________ Philippines.
Notary Public
Document No. __________
Page No. ______________
Book No. ______________
Series of 20____________