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Internship Agreement
I need an internship agreement for a 3-month summer internship, including a stipend of $1,500 per month, 20 hours per week, with a focus on marketing projects and mentorship opportunities.
What is an Internship Agreement?
An Internship Agreement spells out the key terms between an organization and a student or trainee who joins them for hands-on learning experience. It covers essential details like the internship's duration, work hours, compensation (if any), and learning objectives while protecting both parties' interests.
Beyond meeting Department of Labor requirements for legal unpaid internships, these agreements clarify supervision arrangements, confidentiality obligations, and intellectual property rights. They help ensure the internship provides meaningful educational benefits to the intern while setting clear expectations about workplace conduct, performance evaluation, and the temporary nature of the role.
When should you use an Internship Agreement?
Use an Internship Agreement before bringing any intern into your organization - ideally during the recruitment process. This helps establish clear expectations and protects both parties, especially when offering unpaid internships that must meet Department of Labor criteria for educational benefit and training purposes.
The agreement becomes particularly important when interns will have access to confidential information, work on valuable intellectual property, or participate in sensitive projects. It's also essential for regulated industries, academic credit programs, and situations where multiple departments or supervisors will be involved in the internship experience.
What are the different types of Internship Agreement?
- Internship Contract Agreement: Standard paid internship agreement covering compensation, benefits, and work responsibilities - typically used by larger companies and corporate settings.
- Unpaid Internship Agreement: Focuses on educational benefits and training objectives to meet DOL requirements for unpaid positions, commonly used by non-profits and educational institutions.
- Remote Internship Agreements: Modified to address virtual work arrangements, technology requirements, and remote supervision protocols.
- Industry-Specific Agreements: Customized versions with additional provisions for sectors like healthcare (HIPAA compliance) or technology (IP protection).
Who should typically use an Internship Agreement?
- Host Organizations: Companies, non-profits, or government agencies that create and implement Internship Agreements to define program parameters and protect their interests.
- Student Interns: College students, recent graduates, or career changers who sign these agreements before starting their learning experience.
- Educational Institutions: Universities and colleges that review and approve agreements for academic credit programs.
- HR Departments: Human resources teams who draft, customize, and manage these agreements alongside legal counsel.
- Department Supervisors: Managers who oversee interns and ensure compliance with agreement terms and learning objectives.
How do you write an Internship Agreement?
- Program Details: Gather internship duration, start date, work hours, location, and department assignment information.
- Compensation Structure: Determine if paid or unpaid, stipend amounts, benefits offered, or academic credit arrangements.
- Learning Objectives: Define specific educational goals, skills development targets, and training opportunities.
- Supervision Plan: Identify primary supervisor, mentoring structure, and performance evaluation methods.
- Legal Requirements: Review Department of Labor guidelines for internship programs and ensure compliance with state labor laws.
- Document Generation: Use our platform to create a legally-sound Internship Agreement that includes all required elements.
What should be included in an Internship Agreement?
- Basic Information: Names, contact details, and roles of both intern and organization.
- Term and Schedule: Specific start/end dates, work hours, and location arrangements.
- Compensation Terms: Payment details or confirmation of unpaid status with educational benefits.
- Learning Objectives: Clear outline of educational goals and skill development opportunities.
- Confidentiality: Protection of company information and trade secrets.
- Intellectual Property: Ownership of work products created during internship.
- Termination Provisions: Conditions for ending the internship early.
- Signatures: Dated signatures from authorized representatives and intern.
What's the difference between an Internship Agreement and an Advisory Agreement?
An Internship Agreement differs significantly from an Advisory Agreement, though both involve bringing external talent into an organization. Let's explore the key differences:
- Duration and Purpose: Internship Agreements are temporary, educational arrangements focused on learning and skill development, while Advisory Agreements establish ongoing professional relationships for expert guidance.
- Compensation Structure: Interns may be unpaid if meeting DOL educational criteria, whereas advisors typically receive professional fees or equity compensation.
- Legal Obligations: Internship Agreements must satisfy specific Department of Labor requirements for training and education, while Advisory Agreements focus on professional services and deliverables.
- Supervision Level: Interns require direct supervision and mentoring, but advisors work independently and provide strategic input based on their expertise.
- Intellectual Property: Internship Agreements typically assign all IP to the company, while Advisory Agreements may include more nuanced IP sharing arrangements.
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