On the continuous performance of labor contract. According to Article 33 of the Labor Contract Law, if an enterprise changes its name, legal representative, principal responsible person or investor (shareholder), it will not affect the performance of the labor contract.
According to Article 34 of the Labor Contract Law, if an enterprise is merged or divided, the original labor contract will remain valid, and the enterprise that inherits its rights and obligations will continue to perform the labor contract.
Extended information 1. When the labor contract expires, the employer agrees to renew the labor contract and maintain or improve the conditions stipulated in the labor contract. If the laborer does not agree to renew the labor contract, the labor contract will be terminated and the employer will not pay economic compensation;
2. The employer agrees to renew the labor contract, but reduces the conditions stipulated in the labor contract. If the employee does not agree to renew, the labor contract is terminated and the employer shall pay economic compensation;
3. If the employer does not agree to renew the contract, the employer shall pay economic compensation regardless of whether the employee agrees to renew the contract.
Baidu Encyclopedia-Economic Compensation