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Each year, many Americans are let go from their jobs and offered a severance package in exchange for their signature on a contract. This video explains the contents of a typical severance contract and the legal rights that are forfeited by accepting the package. The comparison between a $10,000 severance agreement and a $400,000+ severance agreement is used to keep the topic interesting. The video features real severance agreements from former clients, with identifying information redacted. Additional videos on severance are available for further information.