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In this tutorial, Todd explains the term "standstill agreement," which is relevant in takeover scenarios when one company attempts to acquire another publicly traded company. Such agreements limit the acquirer's ability to purchase additional shares in order to prevent them from gaining control. These agreements often form part of settlements and can involve a payment to the acquirer to cease further share purchases, known as "greenmail." Todd shares his personal experience of having to sign multiple standstill agreements during his attempts to take over companies, which ultimately led to the buying out of his shares.