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In this video, Matthew explains how to create a Founders Agreement using legaltemplates.net. He starts by recommending viewers to sign up for a free account. After logging in, he guides them to hover over "Business Forms" at the top of the screen and click on "View All Business Forms." He notes the variety of options available, then specifically selects the "Founders Agreement." Viewers can preview the PDF or directly create the document by clicking "Create Document." He mentions choosing an industry for the business, suggesting Educational Services while indicating that viewers have multiple options.