What does non-disparagement agreement mean?
What Is a Non-Disparagement Clause? A non-disparagement clause simply states that you won’t say anything negative about the company or its products, services, or leaders—in any form of communication.
Is non-disparagement a restrictive covenant?
Restrictive Covenants A non-compete clause says that after you leave your job, you cannot work for a competitor or even in the same industry, or start a competing business for some period of time. Other examples of restrictive covenants are non-solicitation clauses and non-disparagement clauses.
What is a non disparagement clause and explain why this might be important to include in an events contract?
Non-disparagement clauses prevent parties from making derogatory comments about the other. In the context of employment, non-disparagement clauses can apply to the employer, employee, or both. These clauses typically define what the other cannot say and for how long after resignation or termination.
What is a non-disparagement agreement?
Non-disparagement agreements are legal documents that hold as much weight as any other legal document that you sign. That is why it’s so important that you read and understand everything you sign regarding your employment – and anything you sign at any time.
What is a non-disparagement clause in a severance package?
With a non-disparagement clause, you are restricting yourself from criticizing the business. Complying with this clause and making sure you don’t breach is part of the agreement between the parties: you get a job or a severance package, and the company gets your mouth zipped on anything negative you perceive during your time at the company.
What is a disparagement clause?
Disparagement is any comment, remark, or state, in writing or verbally, that falsely or injuriously harms a company. Disparaging comments hurt the brand perception and profitability. Companies can file a claim against their detractors when an enforceable disparagement clause exists.
What happens if an employee refuses to sign a non-disparagement clause?
If employees refuse to sign, employers can choose to discontinue employment. This article also explains non-disparagement clauses. The purpose of a non-disparagement clause is to protect a company from someone making negative comments about them to another party.