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1. Parties: Identification of the employer organization and the stipend recipient with complete details
2. Background: Context of the stipend arrangement, nature of training/internship program, and purpose of the agreement
3. Definitions: Key terms used in the agreement including 'Stipend', 'Training Period', 'Work Hours', etc.
4. Term and Duration: Specific period of the stipend arrangement, including start date and end date
5. Stipend Amount and Payment Terms: Details of the stipend amount, payment schedule, and method of payment
6. Working Hours and Location: Specified working hours, location, and any flexibility arrangements
7. Duties and Responsibilities: Clear outline of the trainee's roles, responsibilities, and expected deliverables
8. Training and Supervision: Details of training to be provided and supervision arrangements
9. Confidentiality and Data Protection: Obligations regarding company confidential information and data protection
10. Intellectual Property Rights: Ownership of work created during the stipend period
11. Termination: Conditions and process for early termination of the agreement
12. Governing Law: Specification of Indian law as governing law and jurisdiction details
1. Performance Review: Include when regular performance evaluations are part of the program
2. Potential Employment: Include when there's possibility of regular employment after successful completion
3. Benefits: Include when additional benefits like meal allowance, transport allowance are provided
4. Non-Competition: Include when dealing with sensitive industry sectors or roles
5. Academic Requirements: Include when the stipend is linked to an academic program or course
6. Attendance and Leave Policy: Include when specific attendance requirements or leave provisions apply
7. Code of Conduct: Include when specific behavioral expectations or company policies apply
1. Schedule A - Stipend Structure: Detailed breakdown of stipend components and payment structure
2. Schedule B - Training Program: Detailed outline of the training modules and timeline
3. Schedule C - Company Policies: Relevant company policies applicable to stipend recipients
4. Appendix 1 - Required Documents: List of documents required from the stipend recipient
5. Appendix 2 - Performance Metrics: Specific performance indicators and evaluation criteria
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