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This video tutorial focuses on severance agreements, explaining how to leverage them to negotiate for better compensation. A severance agreement is essentially a contract that relinquishes your right to sue the company in exchange for monetary compensation. The primary intent for employers is to secure peace of mind and certainty, as signing the agreement typically prevents any future legal action. The speaker emphasizes that these agreements are usually standardized, enforceable, and unlikely to contain significant loopholes. By the end of the video, the audience will receive six valuable bargaining chips to enhance their negotiation strategies when dealing with severance packages.