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In this video tutorial, business attorney Roxanne Smithers discusses the Master Application Development Agreement, tailored for app developers. This agreement establishes the terms of the relationship between developers and clients, allowing for a streamlined process when managing ongoing projects. Instead of negotiating new contracts for each client engagement, developers can issue a scope of work that details the specifics of individual projects while adhering to the overarching master terms. The tutorial emphasizes understanding the agreement's first section, which outlines the scope of services and initial preliminaries, setting the foundation for future collaborations.