Memorandum of Understanding (MOU)
Between VIK-HRM and Her Client
Please read the following instructions carefully before completing this form.
- This agreement is not transferable.
- No payment made to VIK-HRM is refundable.
- Registration/Recruitment fee: ₦50,000 (Fifty Thousand Naira) per annum.
- After interview, all information concerning selected applicants, date of final interview, and date of resumption must be directed to VIK-HRM.
- After interviewing an applicant and approval is granted, the applicant must be sent back to VIK-HRM office for proper documentation and final recommendation letter.
- The applicant, guarantors, and VIK-HRM agree that the first full month salary shall be paid through VIK-HRM.
- You are expected to request and retain the applicant’s guarantor form.
- All applicants from VIK-HRM under your company must have salaries paid on or before the 5th of every new month.
- All VIK-HRM funds must be paid only into the official VIK-HRM company account.
- This MOU does not serve as a guarantor for any candidate.
NOTE: Failure to comply with this agreement permits VIK-HRM to take legal action.
I further agree that all charges, costs, and litigation expenses (if any) shall be borne by my company.
I ________________ hereby declare that I have read, understood, and agree to be irrevocably bound by this declaration for as long as my company and VIK-HRM remain in business together.