INTERNSHIP AGREEMENT
This Agreement is made on [Date] between [Company Name], having its office at [Address] ("Company"), and [Intern Name], residing at [Address] ("Intern").
- Engagement. The Company engages the Intern for an internship in the [Department] department commencing [Effective Date].
- Duration. The internship shall be for a period of [Number] months and shall not automatically result in an offer of employment.
- Duties. The Intern shall assist with [Description of Work] and undertake learning tasks assigned by the reporting mentor.
- Stipend. The Company shall pay a monthly stipend of Rs. [Amount], subject to applicable deductions. The Intern shall not be entitled to employee benefits.
- Working Hours. The Intern shall observe working hours of [Timing] on working days as notified by the Company.
- Confidentiality. The Intern shall keep all Company information confidential during and after the internship.
- Intellectual Property. All work produced during the internship shall belong exclusively to the Company.
- Certificate. On successful completion, the Company shall issue an internship completion certificate.
- Termination. Either party may terminate the internship with [Number] days' notice; the Company may terminate immediately for misconduct.
- Governing Law & Jurisdiction. This Agreement is governed by Indian law and subject to the jurisdiction of the courts at [City].
- Dispute Resolution. Disputes shall be resolved amicably, failing which by arbitration seated at [City].
IN WITNESS WHEREOF, the parties have signed this Agreement on the date first written above.
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For [Company Name]
For [Company Name]
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[Intern Name]
[Intern Name]
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Witness 1
Witness 1
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Witness 2
Witness 2