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In this tutorial, Matthew guides viewers through the creation of a licensing agreement using legal templates. He directs them to legaltemplates.net, where they should navigate to the “Business Forms” section. After exploring the various forms, he demonstrates how to locate the licensing agreement template and select Texas for customization. Key steps include defining the owner of the intellectual property, specifying the licensee, detailing the intellectual property involved, and choosing between an exclusive or non-exclusive license. Furthermore, he advises viewers to specify the purpose of the license if desired. The tutorial emphasizes straightforward navigation and customization using templates.