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In this tutorial, Louis Acabaus demonstrates how to create a form template in ServiceNow, specifically a template for an NDA contract. The template will set values for four fields: contract model, contract administrator, approver, and options field. He explains that viewers can follow his outlined steps to create any kind of form template in ServiceNow. Louis will cover two methods for creating form templates: from an existing record and starting from scratch. He encourages viewers to like and subscribe for more tutorials.