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In today's video, Matthew demonstrates how to create an independent contractor agreement using LegalTemplates.net. He starts by guiding viewers to click a link that leads them to the site, where they can access business forms. He selects the "service contracts" section and chooses the "independent contractor agreement," specifically for Texas. He explains that users need to enter general information for both the client and the independent contractor. Matthew emphasizes the importance of detailing the services provided, compensation payments, and expense reimbursement in the agreement. The video aims to provide a straightforward approach to drafting this essential document.