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In this tutorial, Matthew guides viewers on creating a Memorandum of Understanding using legal templates. He instructs to click the link in the video description and navigate to business forms, then search for "memorandum of understanding." To create the document, users must identify the first party as either a business or individual, providing their name, address, city, state, and zip code. The same information is required for the second party. Additional sections include the effective date, project name, and a description of the project’s main objective. The tutorial also covers the cooperation section, where users detail the expertise and experience of both parties involved.