I am employed in my current company for more than 4 years now, the current company sold the product to a newly partnered company. Together with the purchase, the people involved in that product will be given new contracts because we are all included in the purchase. They wanted to carry our tenure to the new company.
1. Is the transfer of tenure legal?
2. Would like to know if we can demand for separation pay from the current company before we sign the new contract?
3. Any law or articles pertaining to this situation?
Thanks for the help