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In this video, business attorney Roxanne Smithers discusses the Master Application Development Agreement, which is tailored for app developers. It establishes the terms for the relationship between developers and their clients, allowing for ongoing projects without the need to renegotiate or redraft contracts for each new service. Instead, developers can issue a scope of work that specifies the details of each project, which will adhere to the master agreement's terms. The video aims to provide an understanding of this agreement, starting with an overview of the scope of services section, which outlines initial preliminaries for the relationship.