Jobless in another 12 months?

On Mon, the co HR issued a notice with regards to the sale of my co. My co will be sold but the buyer has not be finalised. The highest bidder now is NOL and I bet my money on them.

In the notice, they basically guaranteed that my job will be secured for at least 12 months wef the day of buy over by the new owner and if they will to retrench me, they have to pay me to leave. However, if the new owner asked me to leave after 12 months of the sale, they dun have to give me any compensation.

My plans? Well, to tender my resignation in December 2008 and leave the co by February 2009. Then i will probably bring Piglet to Sydney for a holiday before searching for a new job again.