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In this video, Matthew provides a tutorial on creating a licensing agreement using legal templates. He directs viewers to legaltemplates.net, suggesting they click on the "business forms" section to explore available options. After navigating to the licensing agreement form, Matthew advises on entering specific details, such as the owner of the intellectual property, the licensee (in this case, Mr. Add), and the type of intellectual property. He also mentions selecting the type of license (exclusive or non-exclusive) and encourages specifying the license's purpose, guiding viewers through the process of filling out the necessary information.