MEMORANDUM OF UNDERSTANDING

Among

ASEAN FOUNDATION
Jakarta, Indonesia

ASIAN INSTITUTE OF MANAGEMENT
Manila- Philippines

And

CORPORATE FOUNDATIONS IN ASEAN MEMBER COUNTRIES

Article One
PREAMBLE

The ASEAN FOUNDATION (herein referred to as "AF") is an organization established by the ASEAN Leaders on December 15, 1997, located in Jakarta, Indonesia. The AF aims to help bring about shared Prosperity and a sustainable future for the peoples of ASEAN whose member countries are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. It shall promote greater awareness of ASEAN and contribute to the evolution of a development cooperation strategy that promotes mutual assistance, equitable economic development, and the alleviation of poverty.

The ASIAN INSTITUTE OF MANAGEMENT and (referred to as "AIM") is an international graduate school of management, the first in Southeast Asia located in Manila, Philippines. AIM was established in 1968 to develops socially responsible managers, entrepreneurs, and leaders for Asia. Over the years, it has provided training programs and managers to corporations, public sector agencies, and not-for-profit institutions throughout the region.

The ADM Capital Foundation located in Hong Kong, China.

The Uli Peduli Foundation (PT Unilever Indonesia) located in Indonesia.

The Asia Foundation located in Thailand.

The GreenHeart Foundation located in Laos.

The Sabah Forest Industries located in Malaysia.

The Serge Pun & Associates located in Myanmar.

The Ayala Foundation located in the Philippines.

The League of Corporate Foundations located in the Philippines.

The Lopez Group Foundation located in the Philippines.

The Petron Foundation located in the Philippines.

The PHINMA Foundation located in the Philippines

The SalesForce.Com Foundation located in Singapore.

The Singapore Compact for CSR located in Singapore.

The SingHealth Foundation located in Singapore.

The Population and Community Development Association located in Thailand

The SCG Foundation (The Siam Cement Foundation) located in Thailand.

The FPT Foundation located in Vietnam.

The Saigon Times Foundation located in Vietnam.

This Memorandum of Understanding ("MOU') sets forth the general principles that will guide the conduct of the relationship among the parties.

Article Two
OBJECTIVES

The AF, AIM and corporate foundations listed above wish to establish an enduring partnership that will:

1. Form a Network of ASEAN Corporate Foundations (NACF) with AF serving as the key convenor.
2. Support the activities and development of the NACF whose principal objective is to promote corporate social responsibility and collaboration among the business sector, in general, and the corporate foundations, in particular, civil society, academia and other stakeholders in ASEAN.
3. Allow, through the NACF, the identification of the issues confronted by corporate foundations in ASEAN, as well as their current initiatives; permit the identification of gaps among CSR programs in the different ASEAN countries; identify best practices and promote the exchange of learning/experience with a view of replicating proven successes across the region, especially in the CLMV.
4. Promote the establishment of an independent, self-sustaining NACF.

Article Three
SCOPE OF PARTNERSHIP

The partnership will involve the following initiatives among all the parties relevant to the objectives of the MOU:

1. All parties agree to be members of the NACF.
2. All parties have complementary objectives and a mutual desire to collaborate in a number of areas to pursue common advocacies.
3. All parties shall take active roles in the pursuit of the success of the objectives and activities of the “Promoting Mutual Assistance Among Corporate Foundation in ASEAN” project.
4. All parties agree that the organization of a formal network of corporate foundations in ASEAN could serve as a staging area for learning, identifying best practices, sharing resources and implementing joint projects across the region and ultimately allow the development of more responsive and effective CSR programs.
5. All parties will collaborate in maintaining a database of corporate foundations active in the ASEAN region.
6. All parties will share knowledge amongst other corporate foundations and corporations on best practices, new and emerging frameworks and strategies that will help integrate corporate citizenship into the core of business to inspire and motivate organizations to undertake meaningful actions that will help develop a more stable and integrated ASEAN community.
7. AI parties will strive to collaborate and partner with other corporate foundations not only in their own countries but in other ASEAN countries in the conduct of their projects and dealings with other partner organizations.
8. All parties will help promote collaboration, resource complementation and capacity building amongst ASEAN-based corporate foundations.
9. All parties will assist each other in order to implement these complementary objectives and collaborate in undertaking research projects to contribute to the body of existing knowledge and creative documentation of innovative/best practices in the region.
   
10. All parties will be active members of the NACF, and encourage other corporate foundations to join the network.

Article Four
COMPETENT AUTHORITIES

The parties will be represented in this MOU by the Executive Director of AF, the Executive Managing Director of the AIM Institutional Planning and Development, representatives of the corporate foundations listed above.

This MOU may be modified upon mutual written agreement of the parties herein.

All notices and other communications from any of the parties to the other shall be in English and shall be deemed received upon actual delivery or completed facsimile addressed to the other parties as follows:

Each party will advise the other parties of parties of any change in the address, designated representative, or telephone or facsimile number.

Article Five
DURATION

This MOU shall take effect upon signing hereof and shall be valid for two (2) years and thereafter be renewed automatically for the same duration. However, any Party may terminate this MOU for just cause by giving thirty (30) days written notice.

This agreement is executed in (number of signatories) identical copies, all in English, by authorized representatives of each party, and all parties will retain one copy of the MOU.