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Each year, many Americans are let go from their jobs and offered severance packages. When accepting a severance deal, employees exchange their signature for money. This video explains the typical contents of a severance contract, emphasizing that they involve giving up legal rights. The video keeps things interesting by comparing a $10,000 severance agreement to a $400,000+ severance agreement. Real severance agreements are shown, with identifying information redacted. The video also references other videos on severance topics.
