A friend's employer is in the process of drafting new contracts with different terms and conditions. Apparently there are more specific performance criteria and less generous redundancy terms. This is in response to overall poor performance across the company wherein the current contracts have little recourse to manage that performance so many employees have been offered redundancy under the old terms. Those that remain will be offered new contracts with the same remuneration, but different wording with respect to performance. Can my friend refuse this contract? If my friend does do what are the consequences?