This is not a loan Agreement or an Employment Bond, this agreement is intended only

to serve as an alternative Fees structure. The agreement is valid only for 6 years from
the date of acceptance by the student after that the student is not liable to pay fees
even if the fees are not paid in full. This Agreement is entered on ___________ into
between __________________ hereafter referred to as “Student” and Learn Digital
Academy hereafter referred to as “Company”.

The Income Sharing Agreement is a financial instrument used to ensure that the student
only pays the fees if he/she lands a job related to the industry the student is being
trained in at Learn Digital Academy.

Payment Terms

The student must pay the remainder of the fees i.e., Rs 10,000 in two equal
monthly instalments, Rs 5000 payable on the first day of his/her employment in a
job wherein they are placed through the Company.

The second payment of Rs 5000 needs to be done once the student completes 30
days of employment in the job, they have been placed at via Learn Digital
Academy.

If the student does not join a job related to the course, he/she studied at Learn
Digital Academy then he/she is not bound to make the remainder of the payment.

In the event, that the student lands a job independently of Learn Digital Academy
placement services then the student is not bound to make the payment.

www.learndigital.co 1
Scenarios where Payment Need Not be Made

If the student lands a job apart from Learn Digital Academy placement services, then
he/she need not make the payment.

If the student chooses not to make use of the Company placement services, then
he/she is not bound to make any further payments.

If the student is placed in a job using Company placement services and he/she chooses
to not avail of the placement service i.e., he/she chooses not to join the job then the
student is not bound to make the payments.

Scenarios where payment needs to be made

If the student is placed in a job using Learn Digital Academy placement services
and he/she chooses to continue in the job, then the student needs to pay Rs 5000
on the first date of joining the job.

If the student chooses to remain in the job for the next 30 days, then he/she needs to
pay the remaining amount of Rs 5000 after completion of the 30 days

By accepting this Agreement either via e-mail or any other form of electronic
communication and/or by signing this contract in person, the student and company
enter into this agreement and are bound by its clauses and conditions.

I (Your Name) adhere

and accept to all the given clauses which are bound by the Income Sharing
Agreement of Learn Digital Academy

Students Signature

www.learndigital.co 2