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In this tutorial, Matthew guides viewers on creating a shareholder agreement using legal templates available through a link provided in the video description. By accessing the business forms section and using a search engine, viewers can find the shareholder agreement template. Details such as company name, address, representative, and shareholders need to be filled in. The process involves selecting a state, entering company information, and specifying the number of shares for each shareholder. Additional shareholders can also be included to customize the agreement.