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In today's video tutorial, Matthew demonstrates how to create a hold harmless agreement online using Legal Templates. By navigating to the website and searching for "hold harmless indemnity agreement," users can select their state and fill in the necessary information to customize the document. This agreement involves making a promise to protect against claims and requires specifying the indemnitor(s) involved. Detailed steps are provided for creating the agreement, such as entering personal information and selecting the appropriate options.