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In this video, the presenter discusses their exact sales and service agreement used to close business deals. They explain the importance of the contract, detailing each line's purpose and providing insights into its legal components. This agreement comes into play after potential clients have reviewed pricing, proposals, and references, serving as the final step before sealing the deal. The presenter shares that creating this contract involved hiring a lawyer, costing around a thousand dollars, and offers viewers the editable document as a valuable resource at the end. This video aims to equip viewers with effective tools for their sales process.