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In this tutorial, Matthew explains how to create a Memorandum of Understanding (MOU) using legal templates. Viewers should click the provided link, navigate to "Business Forms," and search for "Memorandum of Understanding." Users will need to specify whether the first party is a business or individual, followed by entering their name, address, and other contact details. The same information is required for the second party. Additionally, the tutorial covers details like the effective date of the MOU, project name, objectives, and the expertise each party will bring to the project. This step-by-step process aims to guide users in creating a comprehensive MOU.