Internship Agreement

The Internship Agreement is a document that outlines the terms and conditions of an internship offered by Party 2 to Party 1. It is important because it establishes the rights and responsibilities of both parties involved in the internship. The document begins with a brief introduction, providing the names and contact information of both parties. It then proceeds to outline the details of the internship, including the position, department, and reporting structure of the intern. The agreement specifies the start and end dates of the internship, clarifying that there is no guarantee of employment after the internship. The primary place of work and working hours are also mentioned.

 

The document then addresses the payment terms based on different scenarios. If the payment is hourly, the intern will be paid a specified rate per hour, while if it is monthly, a basic monthly salary will be provided. In the case of an unpaid internship, no remuneration will be given. The intern is responsible for any personal taxes related to the internship. Overtime payment is discussed, stating that it will not be paid unless approved in advance.

 

The agreement includes several obligations for the intern. They are required to abide by all the rules and regulations of the company, maintain a regular schedule, and notify their supervisor in case of absence due to sickness. Confidentiality is emphasized, with the intern agreeing to keep all of the company's business secrets confidential. The document clarifies that the intern will not receive any employee benefits and waives any moral rights over intellectual property created during the internship. Non-solicitation of the company's customers, clients, manufacturers, or suppliers is also mentioned.

 

The agreement can be terminated by either party with prior notice or payment in lieu. The company has the right to terminate the agreement immediately in certain circumstances, such as the intern disobeying orders, breaching the agreement, or being dishonest. The intern is required to sign and return a duplicate copy of the agreement within a specified timeframe to indicate their acceptance.

 

In summary, the Internship Agreement is a comprehensive document that covers all aspects of the internship, including the terms and conditions, payment, obligations, confidentiality, intellectual property, and termination. It is crucial for both parties to understand and comply with the agreement to ensure a successful internship experience.

How to use this document?

1. Provide the necessary information: Fill in the names, addresses, and contact details of both parties in the agreement.

2. Specify the position and department: Clearly state the intern's position and the department they will be working in, as well as their reporting structure.

3. Determine the internship dates: Set the start and end dates of the internship, making it clear that there is no guarantee of employment.

4. Clarify the primary place of work and working hours: Specify the location where the intern will be working and their daily working hours.

5. Determine the payment terms: Based on the payment option chosen (hourly, monthly, or unpaid), specify the remuneration or lack thereof.

6. Address overtime payment: State whether the intern will be eligible for overtime pay and the conditions for its approval.

7. Outline the intern's obligations: Clearly state the intern's responsibilities, including abiding by company rules, maintaining a regular schedule, and notifying their supervisor of any sickness-related absences.

8. Emphasize confidentiality: Highlight the importance of keeping the company's business secrets confidential and not making unauthorized copies.

9. Address employee benefits: Make it clear that the intern will not receive any employee benefits.

10. Discuss intellectual property: Specify that the intern waives any moral rights over intellectual property created during the internship and that all rights belong to the company.

11. Include non-solicitation clause: Prohibit the intern from approaching the company's customers, clients, manufacturers, or suppliers for a specified period after the agreement's termination.

12. Specify termination conditions: Outline the conditions under which either party can terminate the agreement with prior notice or payment in lieu, as well as the circumstances in which the company can terminate the agreement immediately.

13. Obtain the intern's signature: Request the intern to sign and return a duplicate copy of the agreement within a specified timeframe to indicate their acceptance.

By following these steps, both parties can ensure a clear understanding of the agreement and a smooth internship experience.