TERMS OF UNDERSTANDING

1. This Memorandum of Understanding executed between Leverage India and the intern, collectively referred to as parties, outlines the nature of relationship and between parties herein. This MOU will be read as an integral part of the Internship Contract executed between the parties separately.


2. Leverage India is engaged in the business of assisting students across the world to avail opportunities to inter in India in various fields including Finance, Journalism, Consulting, International Developments, Medical, Media/Television, Fashion, Real Estate, Advertising and Marketing. Leverage India provides exhaustive internship packages to students across the world who intends to intern in India which includes visa, airport transfers, logistics, accommodation, travelling arrangements, insurance, safe keeping of the interns amongst others.


3. The Intern is a student of a University/College and has expressed his/her intention to Leverage India that he/she intends to intern in India for a meaningful and positive learning experience which will augment their professional development. The Intern has further expressed his/her intention that he/she proposes to avail the services of Leverage India and the terms set out in the Internship Contract is categorically acceptable to the Intern.


4. Objective of the Internship:

a) An opportunity to develop global consciousness, personal skills and entrepreneurial leadership through working in a cross-cultural professional development experience.

b) A positive and meaningful learning experience to the Intern by providing exposure and interaction to the varied social and cultural environments in India.

c) An opportunity to develop personal skills and entrepreneurial leadership through working in a cross-cultural professional development experience.

d) An Opportunity for creating positive social impact and gain international experience for both professional and personal development.


5. Duties of Leverage India:

a) Leverage India, on an application made by the Intern expressing his/her interest to intern in India in a specified field, shall arrange for such an internship in one of the hosting organisation within a period of 10 days from such application, in which there shall be a telephonic interview of the intern also. Leverage India shall arrange for an offer letter from such hosting organisation in favour of the Intern specifying the duration of the internship, the scope of the internship, amongst others.

b) Leverage India, after confirmation from the Intern on the acceptance of the internship and payment of the internship package fees as provided on the website, shall endeavour to make all necessary logistics arrangements and further render continuous support to the Intern during the course of the internship for a meaningful internship experience in India.

c) Leverage India shall make all arrangements including but not limited to visa, airport transfers, logistics, accommodation, travelling arrangements, insurance, safekeeping and general welfare of the intern amongst others.


6. Duties of the Intern:

a) The Intern must duly fill up application forms of Hosting Organisations of his or her choice in which he/she intends to intern, categorically specifying along with the period of internship, duration of internship and the desired/focus area of internship, the same being based on the career aspiration of the Intern.

b) The Intern shall make aninitial payment of 250 Pounds towards visa processing and administrative fees of Leverage India on confirmation of the internship and communication of the offer letter to the Intern. The Intern shall make the remaining balance paymentof the chosen internship package within a period of next 15 from the initial payment.

c) The Intern shall fulfil all his/her duties/responsibilities assigned to him/her as an intern during the course of the internship with the hosting company.

d) The Intern shall duly observe the laws of India and conduct himself/herself in a socially acceptable and responsible manner during his/her stay in India.

e) The Intern shall further strictly adhere to the terms and conditions relating to the internship programme and code of conduct as provided for in the Internship Contract executed between the parties hereto. The Intern acknowledges that any non-compliance to the terms and conditions relating to the internship programme and code of conduct as provided for in the “Internship Contract” shall constitute as a breach, and in the event of any such breach,Leverage India at its discretion may choose to terminate the Internship Contact and this MOU if such breach is of an incurable nature and or jeopardizes the reputation and or credibility of Leverage India.


The parties hereby mutually agree to the terms and conditions stated above.

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