Add Comment Question: I was asked to sign a new employment agreement which I did. I have been with the firm for 24 years and the agreement stated that I would only receive a maximum of 18 months severance in the event of being terminated. I was speaking with a friend of mine who mentioned that unless I received some type of incentive (i.e. a raise, bonus or some other type of compensation) upon signing the new employment agreement, it would not be legally binding. I was wondering if his comment was accurate? Can you help answer this (I listen to your show on the radio and now know I should have had someone from your firm review it before signing!) Answer: It is quite likely that the agreement is not enforceable, if you did not receive anything in exchange for signing. If you are let go, give me a call and we can go over the agreement and what you are owed, at that time. There really is nothing that can or should be done before then. Lior Samfiru 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.