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In this video tutorial, Matthew guides viewers on creating a shareholder agreement using legal templates. He directs users to a link provided in the video description, which leads to a selection of over 110 business forms. To find the shareholder agreement, he suggests using the search function and selecting a state, opting for Texas in this case. Matthew demonstrates filling out necessary information, including the company name (MK Tips), company address, representative name and title (CEO or managing director), and details about shareholders and their respective shares, emphasizing the option to add more shareholders as needed.