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In this video tutorial, Matthew guides viewers on how to create a shareholder agreement using legal templates available in the link provided. He demonstrates how to select the agreement template, specify company information such as name, address, and representatives, as well as determine the number of shares for each shareholder. The process involves choosing a state, entering company details, and adding shareholders as necessary. This tutorial offers a practical step-by-step guide for creating a shareholder agreement using online legal templates.