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In this video tutorial on writing a termination letter, the speaker shares a three-part termination system developed over years of management experience. He emphasizes that he does not write traditional termination letters; instead, he uses a "termination notice." This notice clearly states its purpose, outlines the reason for the termination on a separate line, and keeps the explanation brief. Examples of termination reasons include unsatisfactory conduct, violating an employment policy, and other specific issues. The video assumes viewers have watched a previous tutorial on how to terminate an employee for better context.