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Internship Agreement Template: Duties, Pay & Confidentiality
INTERNSHIP AGREEMENT FAQ
What is an Internship Agreement?
An Internship Agreement is a formal written contract between a company and an intern that sets out the responsibilities, duration, and terms of the internship. It may include details about compensation or stipends (if applicable), as well as the specific learning objectives that make the experience educational.
Why is an Internship Agreement important?
It protects both the company and the intern by clearly defining expectations, obligations, and limitations. For employers, it reduces the risk of legal disputes or misclassification of interns, while for interns, it ensures transparency about the skills they will gain, the supervision provided, and the terms of their participation.
When should you use an Internship Agreement?
Use an Internship Agreement whenever you bring on an intern, regardless of whether the internship is paid or unpaid. It is especially important when the internship is tied to academic credit or must comply with labor regulations governing fair work practices.
What should an Internship Agreement include?
It should clearly describe the intern’s duties, expected duration, and schedule, as well as compensation or reimbursement terms if provided. It should also address confidentiality obligations, intellectual property rights, termination conditions, dispute resolution, and the governing law. Including these details ensures the arrangement is fair, professional, and legally compliant.
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