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In this video tutorial, Matthew explains how to create a hold harmless agreement online using Legal Templates. He directs viewers to the link provided below the video and demonstrates navigating the website. Matthew guides users to hover over "Business Forms," click on "View All Business Forms," and use the search function to find the "Hold Harmless Indemnity Agreement." After selecting the appropriate agreement, he suggests choosing a state and entering the necessary information, including claims protection details, the number of indemnitors, and the address of the individual involved, exemplified by a location in Texas.