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Each year, hundreds of thousands of people in America are fired and offered severance packages in exchange for signing a contract. This video explains the content of typical severance contracts, detailing the legal rights that workers give up in exchange for money. The video keeps things interesting by comparing a $10,000 severance agreement to a $400,000+ severance agreement. The agreements shown are from former clients, with identifying information redacted. The video offers insights on how to determine if a severance agreement is fair.