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In this video tutorial, the presenter demonstrates how to edit a contract template on Remote Pass. To start, open a pending contract and click the "edit template" button. This grants access to a smart editor for customizing the template. Users can add or edit sections by clicking the blue text areas and can find available placeholders by typing the "@" sign for dynamic templates. It's possible to delete or reorder sections as needed. After making changes, click "save changes," name the template, and finalize it. The updated template is automatically applied to the contract and can be previewed or downloaded as a PDF. The new template will be accessible in your profile for future contracts.