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In this video tutorial, Matthew explains how to create a hold harmless agreement online using Legal Templates. Viewers are directed to a link in the video description to access the site. He demonstrates how to navigate to the business forms section and utilize the search feature to find the "hold harmless indemnity agreement." Matthew suggests previewing the document and then selecting a state to create the agreement. He emphasizes filling in necessary information related to claims protection, including whether there is more than one indemnitor and providing an address. The example given includes "Weird Texas City" for the location details.