The Internship Agreement (“Agreement”) is the formal agreement between the company and intern stating the terms of the latter’s internship. The Agreement contains stipulations regarding the intern’s (a) job responsibilities; and (b) benefits & allowances (if any).
The Agreement may also contain stipulations intended to protect the company during and after the internship relationship such as (a) confidentiality of the company’s proprietary information and trade secrets; and (b) the company’s ownership of intellectual property rights over the intern’s work. An Internship Agreement is used if your company is hiring an intern and you want to clearly outline the terms of internship.
With Legal Tree you can easily create an Internship Agreement with all the essential terms of the internship relationship. You may also add stipulations to further protect the company (i.e. ownership of intellectual property rights) as discussed above.