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This video tutorial focuses on severance agreements, explaining that it is a contract where you give up your right to sue the company in exchange for money. The purpose of severance agreements from the employer's perspective is to buy peace of mind and certainty. Once you sign the agreement, you cannot sue the company, as these agreements are standardized, formulaic, and enforceable. The video also discusses how to increase leverage in negotiation for more money and provides six bargaining chips that are valuable.