A Paid Internship Agreement is a foundational document that defines the responsibilities, benefits, and working relationship between your company and an intern. With this agreement, you ensure clarity about compensation, expectations, legal protections, and performance, helping both parties start the internship on the same page.
Key Features of this Paid Internship Agreement Template
- Clear Compensation Terms — Stipend/salary amount, payment schedule, and method.
- Defined Duration & Schedule — Start and end dates, weekly hours, and work days.
- Scope of Duties & Learning Objectives — What tasks the intern will perform, growth opportunities, and mentorship.
- Confidentiality & Intellectual Property — Safeguards for your proprietary information, and clarity around ownership of work.
- Termination & Notice — How either party may end the internship, notice periods, and causes for immediate termination.
- Non-employment Clause — Clarifies that the internship does not automatically convert into employment without further negotiation.
Why Use This Agreement
- To mitigate misunderstandings about pay, tasks, or expectations.
- To ensure legal protection, especially regarding confidentiality, IP, and fair labor practices.
- To enhance the professional experience for the intern, with clear learning goals and feedback mechanisms.
- To reflect commitment and professionalism from your organization in structuring internships.
What's Included In This Download
- Fully editable MS Word (DOCX) document with your company’s name/placeholders ready.
- A dedicated cover page to present the agreement formally.
- Suggested formatting that’s clean and professional.
- Guidance notes / placeholders (you just fill in dates, intern name, etc.).
