Sounds like this is a really good opportunity to look around and get some other offers and see what else is out there to do.
If they lay you off while you're doing your 'due diligence', then immediately file for unemployment benefits.
Also, just because someone puts a piece of paper in front of you doesn't mean you have to sign it. I went to a "team build" with one company I worked with and they passed out a bunch of stuff for us to sign, including a ridiculous noncompete. I neglected to turn in the papers I didn't care to sign and they never pursued it.
EDIT: also note that when you are layed off, you are typically eligable for COBRA paid for by your former employer, as well as the triggering of any deferred benefits, as well as the payout of acrued leave
If they lay you off while you're doing your 'due diligence', then immediately file for unemployment benefits.
Also, just because someone puts a piece of paper in front of you doesn't mean you have to sign it. I went to a "team build" with one company I worked with and they passed out a bunch of stuff for us to sign, including a ridiculous noncompete. I neglected to turn in the papers I didn't care to sign and they never pursued it.
EDIT: also note that when you are layed off, you are typically eligable for COBRA paid for by your former employer, as well as the triggering of any deferred benefits, as well as the payout of acrued leave