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In this video tutorial, Matthew guides viewers through creating an independent contractor agreement using legaltemplates.net. He instructs to click the provided link to access the site, then navigate to "Business Forms" and select "Service Contracts," specifically the "Independent Contractor Agreement." After choosing Texas as the state, he discusses inputting client and contractor information, indicating that viewers should specify the services provided and outline compensation details. Matthew emphasizes entering how the contractor will be paid and how expenses will be reimbursed. The tutorial provides a step-by-step approach to ensure all necessary information is included in the agreement.