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In this video tutorial, the process of editing a contract template on Remote Pass is demonstrated. To begin, open a pending contract and click the "Edit Template" button, which grants access to a smart editor for customization. Users can add or edit sections by clicking on the blue text areas, and utilize available placeholders for dynamic templates. Sections can be deleted or reordered, and once editing is complete, changes can be saved with a template name. These updates automatically apply to the contract, and users can preview the changes in a browser or download a PDF. The new template is saved in the user's profile for future use.