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In this video, business attorney Roxanne Smithers discusses the Master Application Development Agreement, which is designed for app developers to clearly outline their relationship with clients. This master agreement eliminates the need for negotiating new contracts for ongoing projects with the same clients. Instead, developers can issue a scope of work document detailing the specifics of each project, which will be governed by the master terms of the agreement. The video aims to provide an understanding of this agreement, starting with the initial section that covers the scope of services.