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In this video, Matthew demonstrates how to create a shareholder agreement using legal templates linked in the description. He navigates to the business forms section to access over 110 templates. Matthew uses the search function to find the shareholder agreement and selects Texas as the state. He proceeds to fill out essential company details, including the name (e.g., MK Tips), address, and representative's information (indicating their role as CEO or managing director). He also addresses the need to list shareholders and their respective number of shares, highlighting that more shareholders can be added as necessary.