Internship Agreement India

If you decide to offer an internship to a Silicon Valley student, the next step is really between your company and the intern. Most companies create an employment contract that defines a number of key issues: At-Will-Accord: Your internship in the company is «At-Will». Therefore, this letter should not be construed or interpreted as guaranteeing a certain amount or type of compensation, the continuation of an internship or future employment. Therefore, the recitation of certain periods in this letter serves exclusively to define this internship. You or the company can terminate this agreement at any time by providing a written notification (including by email) to the other party. Each time the agreement ceases, the copyright and confidentiality assignments section applies below for an indefinite period. They also recognize that (1) training in the field of study is similar and improves the teaching of studies in higher education institutions; (2) The internship is to your advantage to obtain training and tutoring, and to offer valuable experience in job selection, application and future performance in the field of study; 3. You agree to work in the company under the careful supervision of the tutors; 4. Unless otherwise stated, trainees are not entitled to employment at the end of the internship period; (5) You are not entitled to salaries or other allowances, except for your experience and apprenticeship, for time spent as an intern for the company; and (6) You agree that the internship does not create a «work relationship» within the meaning of the Fair Labor Standards Act («FLSA») or any other definition, and that the FLSA rules on minimum wage and overtime do not apply.

Other: 1. If a provision or provision of this agreement is considered illegal, unenforceable or contrary to a right of this agreement, it does not affect the validity of the other parties; 2. The inability of one of the parties to assert its rights under this term agreement at any time cannot be construed as a waiver of those rights; 3. No party may cede or transfer, in whole or in part, its rights to this agreement without the consent of the other party; (4) This letter reflects the entire agreement on the terms of your internship. As a result, it replaces and replaces in its entirety any prior oral or written notification; and (5) This letter can only be amended or amended by a written agreement signed by the Company and by you.