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In this video, business attorney Roxanne Smithers discusses the Master Application Development Agreement, which is tailored for app developers and outlines the relationship between developers and clients. This agreement serves as a master contract, eliminating the need to negotiate a new contract for each project with the same client. Instead, developers can issue a scope of work that specifies the particulars of each project while remaining subject to the master terms. The video begins with an overview of the agreement, highlighting the scope of services section as the starting point for understanding the document.