Review job contracts carefully after a merger

In this age of mergers and acquisitions, it's increasingly common for employees to find themselves employed by a different entity almost overnight. When such changes take place, the new organization will often rewrite employment contracts or noncompete and trade-secret agreements to reflect the new employment reality. If you do update and rewrite such employment contracts, be sure to include a statement that the agreement is the entire understanding between the parties. If you don't, you may find your organization also bound by the terms of any earlier agreement ...