h1 contract

[pharmajade]

Hi all
i really need you guy's opinion about the contract i got offered from my H1 sponsoring employer.
I will mention just couple of sections, which seem to be important;
1. A has to make a committment for the company, wherever assigned, after being licensed.
2. Upon breakage of the contract, A has to make total compensation plus *.* interest rate (high interest rate).
3. Even though fired for cause (including the reason the company doesn't need A any more), A still has to perform the obligation above 2.
I really want to know other employers like other chains or big companies do the same thing to graduate interns.
please post your experience.
really appreciate that.