Add Comment Question: My company is selling to another company, they want to terminate the contracts and hand us new contracts with the new company at the same time. Am I entitled to severance pay if i refused to sign the new contract and just got the termination notice from my current employer Answer: It depends on whether it is reasonable for you to reject the new contract. Please contact our office to go over the details. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.