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Each year, hundreds of thousands of Americans receive severance packages upon termination. In exchange for a payment, employees sign contracts that often waive legal rights. This video explains the typical contents of severance agreements, highlighting that the money isn't simply a gift—employees give up important rights. The tutorial will compare two severance contracts: a $10,000 agreement and one exceeding $400,000. Additionally, the host will share real, redacted severance agreements from former clients to illustrate key points and has made other videos on assessing severance offers.
