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In this video, Matthew demonstrates how to create a photo licensing agreement using legal templates. He encourages viewers to use the link provided to access these templates. Matthew navigates to the business forms section and employs the search function to locate the photo licensing agreement. He advises selecting a state and mentions that users can choose various options depending on their requirements. He introduces the client, Mr. Ed, and discusses inputting details such as the number of clients and naming the photos, which may include categories like weddings or parties. Finally, he addresses the type of license to be granted, highlighting aspects like exclusivity and duration.