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In this video, Todd discusses the concept of a "standstill agreement," which is relevant during takeover attempts of public companies. This type of agreement is signed between the acquirer and the target company, limiting the acquirer's ability to purchase additional shares in order to prevent them from gaining control. Standstill agreements are often part of settlements in which the target company compensates the acquirer to refrain from aggressive buying. Todd shares his personal experience with standstill agreements while involved in acquisitions, noting that he has signed several when taking over companies, leading to the purchase of his shares. He also mentions that this topic is related to "green mail," which will be discussed later.