Employees bonds after a company is sold
Hi
I have a question regarding bonds and employees rights.
If a bond is signed with a company which is then sold what happens to the original bond?
I understand TUPE is in place but I believe this is to protect the employee not to enforce a bond. If the nature of the company has changed, the future plans of the new company uncertain, job security therefore uncertain, etc does the original bond still stand? Seems unfair that if job security is threatened as a result of a company being sold that an employee would have to pay to leave to a new more secure job, given that with the new company I would never have agreed to the bond I signed with the previous company.
I wonder if anybody has any info on employee rights in this situation and how binding the original bond is in this case?