This agreement protects the company from those employees who may speak negatively about the company during the course of employment or post employment.
It is specifically entered into in case you as an employer need to prevent the employees from speaking negatively about the company. A non disparagement
employment agreement signed between the employer and the employee defines the employee's position and duties in the company along with barring the employee from
defaming the company.
To make this agreement legally enforceable, the concerned parties in the agreement have an option of either getting the agreement made on a company letterhead or a non-judicial stamp paper.
It is advisable use a non-judicial stamp paper for better protection against any legal issue which may arise in future though getting it done on organization's letterhead is sufficient. Make sure the
agreement is duly signed by both the concerned parties. You as an employer may use it if you are hiring a new employee and wish to set out the terms and details of the employment along with
safeguarding your organization's reputation by preventing him/her to speak negatively of your company.