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In this video, business attorney Roxanne Smithers discusses the Master Application Development Agreement, which is meant for app developers to establish clear terms with clients. This agreement serves as a master contract, simplifying the process for ongoing projects with the same clients by eliminating the need to negotiate new contracts for each service request. Instead, developers can issue a specific scope of work that outlines project details, which will be governed by the master terms of the agreement. The first section of the agreement focuses on defining the scope of services, providing important preliminary information.