I work for R&D FMCG Co and plan to pursue my Ph.D. The company wants me to sign a bond requiring three years of service post-completion of my Ph.D., which itself takes 3-5 years to complete. The company has stated that I cannot apply for a job or join any other company during my Ph.D. Additionally, after completion, I cannot join any competitors for three years. I am paying my own fees for the Ph.D. and do not wish to use the company's facilities. However, my college requires written confirmation that the company is providing me with these facilities. There is no monetary compensation mentioned in the agreement, as I plan to leave the company before completing my Ph.D. My Ph.D. is in the Pharma field, not FMCG, so no confidential information will be compromised. Experts, please advise.