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Employment agreements are crucial because they govern what employees can and cannot do in the workplace, where individuals spend a significant portion of their time—often more than with family or on vacations. These agreements are important documents that establish the terms of employment and can continue to affect employees even after their employment ends. Understanding and appreciating their significance is essential, as they play a vital role in defining the work relationship and protecting both employee and employer rights. The tutorial emphasizes the need to recognize the long-term implications of employment agreements.