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In this tutorial, Matthew demonstrates how to create a licensing agreement using legal templates from legaltemplates.net. He guides viewers to the business forms section of the website, suggesting they scroll to find the "Licensing Agreement" form. Matthew walks through the steps, including selecting Texas for the document location and identifying the owner of the intellectual property. He mentions the need to specify the licensee and the type of license (exclusive or non-exclusive), as well as the purpose of the agreement. He emphasizes filling in the required details for the intellectual property involved in the license.