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This video tutorial focuses on severance agreements, explaining how to enhance your negotiation leverage for better financial outcomes. A severance agreement is defined as a contract where the employee relinquishes the right to sue the company in return for monetary compensation. The primary goal of these agreements from the employer's perspective is to secure peace of mind and certainty. Once an employee signs the severance agreement, their ability to pursue legal action against the company is typically eliminated, unless the agreement is poorly constructed, which is rare. The video concludes with six valuable bargaining chips to aid in negotiations.