Common use of Payment of Stipend Clause in Contracts

Payment of Stipend. 9.1 If indicated in Item 4 of the Reference Schedule, the Host agrees to fund a stipend for the Candidate while undertaking the Internship. Xxxxxxxx will invoice the Host for the amount(s) shown in Item 4 of the Reference Schedule. 9.2 Subject to Xxxxxxxx receiving payment of the stipend from the Host, Xxxxxxxx will make periodic payments of that stipend to the Candidate, into an account nominated in writing by the Candidate. 9.3 If the Internship is terminated for reasons other than breach by the Host, Xxxxxxxx will pay a pro-rata refund of any undisbursed stipend payments paid by the Host in advance. 9.4 The Candidate is responsible for assessing the taxation implications of the stipend payments (if any). 9.5 A stipend is not recompense or reward for services rendered by the Candidate to the Host or to Xxxxxxxx. The Candidate is not entitled to receive any remuneration or similar benefit for the Internship, and payment of a stipend does not alter the “unpaid” nature of the Candidate’s activities for insurance purposes.