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This video tutorial focuses on severance agreements, explaining how to enhance your negotiation leverage for better compensation. A severance agreement is a contract that typically requires you to waive your right to sue the employer in exchange for a financial settlement. Employers use these agreements to ensure peace of mind and certainty, as signing the agreement generally prevents any future legal claims regarding your employment. The speaker indicates that most severance agreements are standardized, formulaic, and enforceable. At the end of the video, viewers will learn about six valuable bargaining chips to aid in negotiating favorable terms.