Sample Fellowship Agreement

A fellowship agreement is a binding document that outlines the terms and conditions of a fellowship program. It specifies the expectations of both parties, including the fellow and the sponsoring organization. A sample fellowship agreement can help guide you on what to include in this important document.

The purpose of a fellowship agreement is to ensure that both the fellow and the sponsoring organization have a clear understanding of their roles and responsibilities. It outlines the details of the fellowship program, including its start and end dates, the amount of the fellowship stipend, and any other benefits that the fellow will receive. Additionally, it lays out the expectations for the fellow`s performance, including reporting requirements and any additional duties they may be expected to perform.

A sample fellowship agreement should include the following sections:

1. Introduction: This should include the purpose of the fellowship program and an overview of the agreement.

2. Term: This section should specify the start and end dates of the fellowship program.

3. Stipend: This section should outline the amount and frequency of the fellowship stipend, as well as any other financial benefits that the fellow may receive.

4. Duties and Responsibilities: This section should outline the general duties and responsibilities of the fellow, including any additional duties they may be expected to perform.

5. Reporting Requirements: This section should specify how often the fellow is required to report on their progress and what format these reports should take.

6. Intellectual Property: If the fellow will be working on any intellectual property during the fellowship program, this section should outline who will own the rights to that property.

7. Confidentiality and Non-Disclosure: This section should specify any confidentiality or non-disclosure agreements that the fellow must abide by.

8. Termination: This section should outline the circumstances under which the fellowship may be terminated by either party.

9. Governing Law: This section should specify the governing law that will apply to any disputes that arise under the agreement.

10. Signatures: The agreement should be signed by both the fellow and a representative of the sponsoring organization.

In conclusion, a sample fellowship agreement can serve as a helpful guide when creating your own fellowship agreement. It is important to ensure that the agreement is comprehensive and clearly outlines the expectations of both parties. This will help to ensure a successful fellowship program and a positive experience for everyone involved.