Participant's signature acknowledges the understanding that they are applying to an experiential placement that has a series of mandatory activities and that successful completion of the placement is conditional upon the submission of those weekly activities, requested surveys/reports, and participation in the three (3) Key Development Activities. The Participant acknowledges that they will be an employee of the SME and act in a professional manner during the course of the contract.
The amount of $7100.00 was calculated based on an $11.83 per hour rate at 37.5 hours per week excluding Mandatory Employment Related Costs (MERCs). IION will disburse the funds to the SME and the Participant will be receiving a wage from the SME. The $7100.00 amount is the minimum for providing wages to the Participant during a four (4) month period. The SME may choose to compensate the Participant at a higher rate, but acknowledges that IION will not be responsible for any contract changes negotiated between the SME and the Participant, further costs or MERCs resulting from these changes.
The Participant agrees that the IION-YEPP placement shall commence May 1st, 2017 and is to be completed on August 18th, 2017 with the final report received by IION on or before August 18th, 2017. The Participant is required to attend three (3) Key Development Activities: May 1st (Launch Day Workshop), June 16th (Professional Development Day), and July 12th-14th (IION Venture Camp). The Participant is expected to stay onsite for the duration of the camp. As part of the reporting expectations, two (2) site visits will likely be conducted during or close to week 6 (June 5th - 9th) & week 13 (July 24th - 28th).
The Participant further acknowledges that IION accepts no responsibility for the SME expectations of performance provided under this agreement. It is the SME's responsibility to ensure that the work is done to the quality and standards it expects, and to coach the Participant to reach those goals. The responsibility of IION is to issue approved wage supplement payment to the SME as previously described and provide its program of entrepreneurial training to the Participant.
The Participant agrees that IION may use photos of them, quotes from them or their testimonials in the context of the IION-YEPP for promotion purposes. IION respects the Participant's property and will only utilize the materials provided and approved by the Participant.
The Participant agrees to comply with all federal, provincial, territorial, municipal and other applicable laws governing the Participant or the Participant's activity, or both, including, but not limited to, statutes, regulations, by-laws, rules, ordinances and decrees. This includes legal requirements and regulations relating to environmental protection.
The Participant agrees to acknowledge, if requested thereof, the federal government's role in the funding provided through this agreement and consent to a public announcement of the eligible activities by or on behalf of the Minister of Industry in the form of a news release. The Minister of Industry will inform the Participant of the date of any public announcement. The Participant consents to the participation of the Minister of Industry, or the Minister's representatives, at such an announcement event, and to have such an event take place on a day mutually agreed upon by the Participant and the Minister of Industry or the Minister's representative. NOTE: Release of confidential or competitively sensitive information will not be required as this is protected under the Access to Information Act.
I herby certify that the above information is accurate.