Common use of Context and Purpose Clause in Contracts

Context and Purpose. Ontario Exchange (OEX) matches postsecondary institutions with individuals providing virtual learning and content creation services, such as instructional designers, multimedia/virtual reality developers, learning management software (LMS) integrators, writers and more. As an added feature, this year, we’ve dedicated a portion of our funding to support Recent Graduates for a short-term post-graduate placement. The work done in this placement should relate to the roles and services referred to in the Ontario Exchange Definitions of Virtual Learning Services’ document, see Appendix A. There are two (2) ways to access our recent graduate funding: • Hire a Recent Graduate for an upcoming virtual learning project • Use OEX funding to supplement an existing virtual learning project for which a Recent Graduate is already on staff The Member Institution agrees to one of the payment options outlined below. The maximum amount allocated per Member Institution is $30,000 (CAD), inclusive of all fees and a maximum of one (1) Recent Graduate can be funded per Member Institution. Proof of the Recent Graduate's completed degree or certificate (i.e., diploma or transcript) must be provided upon submission of the MOU. Option 1 (preferred): eCampusOntario will reimburse the Member Institution on a monthly basis following approval of the monthly report (see monthly payment schedule below). The Member Institution will submit monthly reports including, but not limited to: • The name of the Recent Graduate hired • Roles and responsibilities of the Recent Graduate hired • Number of hours they have worked • Tracking of hired Recent Graduate’s work Processing fees for reimbursements, if required by the Member Institution, will be included in the total amount allocated to the Member Institution.

Context and Purpose. Ontario Exchange (OEX) matches postsecondary institutions with individuals providing virtual learning and content creation services, such as instructional designers, multimedia/virtual reality developers, learning management software (LMS) integrators, writers and more. As an added feature, this year, we’ve dedicated a portion of our funding to support Recent Graduates for a short-term post-graduate placement. The work done in this placement should relate to the roles and services referred to in the Ontario Exchange Definitions of Virtual Learning Services’ document, see Appendix A. . There are two (2) ways to access our recent graduate funding: • Hire a Recent Graduate for an upcoming virtual learning project • Use OEX funding to supplement an existing virtual learning project for which a Recent Graduate is already on staff The Member Institution agrees to one of the payment options outlined below. The maximum amount allocated per Member Institution is $30,000 (CAD), inclusive of all fees and a maximum of one (1) Recent Graduate can be funded per Member Institution. Proof of the Recent Graduate's completed degree or certificate (i.e., diploma or transcript) must be provided upon submission of the MOU. Option 1 (preferred): eCampusOntario will reimburse the Member Institution on a monthly basis following approval of the monthly report (see monthly payment schedule below). The Member Institution will submit monthly reports including, but not limited to: • The name of the Recent Graduate hired • Roles and responsibilities of the Recent Graduate hired • Number of hours they have worked • Tracking of hired Recent Graduate’s work Processing fees for reimbursements, if required by the Member Institution, will be included in the total amount allocated to the Member Institution.