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Talk to a lawyer. On top of that: the company being acquired does not technically (normally) force you to sign a new contract, they should honour the terms of your old one. But depending on where you're employed they might easily find some grounds to throw you out if you don't sign it so a lawyer should be your first stop. And not a lawyer in any way shape or form associated with the company, make sure they are really on your side (with very large companies especially in smaller towns it can be quite hard to find a lawyer that has not been in some way employed by the company before or that is not in a partnership that has dealings with the company).

The real question is how much do you need this job? What is the state of mind of your co-workers about this subject?

Good luck!




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