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This video explains the typical contents of a severance contract that employees are presented with when being let go from their job. When accepting a severance package, employees give up significant legal rights in exchange for money. The video compares a $10,000 severance agreement with a $400,000+ severance agreement to keep things interesting. The video features actual severance agreements from former clients, with identifying information redacted. It is part of a series of videos on severance agreements.
