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In this video, Matthew guides viewers on creating an independent contractor agreement using LegalTemplates.net. He instructs viewers to click the link provided to access the site and navigate to the section for business forms. Matthew selects "service contracts" and then the "independent contractor agreement." He chooses Texas as the state for the contract and explains the process of entering client and contractor information. Viewers are prompted to provide services offered, details on compensation, and how expenses will be reimbursed. The video focuses on filling out the necessary details for a comprehensive agreement.