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In this video tutorial, Matthew explains how to create a photo licensing agreement using legal templates. He begins by directing viewers to the link provided in the video description to access legal forms. Matthew navigates to the business forms section and utilizes the search function to locate the photo licensing agreement template. He outlines selecting the relevant state and entering details such as the client’s name (Mr. Ed) and the ownership of the photos. He also mentions the possibility of including multiple photos, such as wedding or party images, and discusses options for the type of license to be granted, indicating an exclusive license. The process includes ensuring the agreement is perpetual until a certain point.