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Each year in America, hundreds of thousands of people are let go from their jobs and offered severance packages in exchange for signing a contract. This video explains the contents of a typical severance agreement, highlighting the fact that signing one means giving up significant legal rights. To make the topic more interesting, the video compares a $10,000 severance agreement with a $400,000+ severance agreement. The agreements shown are from real former clients, albeit with identifying information redacted. The video also references other videos on severance topics to provide further information.