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In this video, Anna Denton Jones discusses settlement agreements, which are common when an employee's employment ends. Employers typically seek these agreements for certainty, ensuring that once signed and payment is made, the employee cannot pursue any claims against them. Additionally, employers may want these agreements to maintain confidentiality, preventing employees from disclosing details about their severance packages to colleagues and setting a precedent for future cases. This is important for protecting the employer's interests and managing the circumstances surrounding the termination. The settlement agreement is governed by legal protocols relevant to these situations.