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!)