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In this video, Matthew guides viewers on creating a photo licensing agreement using legal templates. He suggests accessing the link in the video description to reach business forms. Viewers should navigate to the search function and enter "photo licensing agreement" to find the appropriate template. Matthew emphasizes selecting the relevant legal state and discusses client specifics, naming Mr. Ed as the client. He also notes the importance of identifying the owner of the photos, providing examples like weddings or parties, and encourages viewers to specify the type of license granted, mentioning options like exclusive and perpetual licenses.