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In this video tutorial, Matthew guides viewers on creating a shareholder agreement using a legal templates website. He instructs viewers to click the provided link to access various business forms, specifically targeting the shareholder agreement. After navigating to the business forms section, he suggests using the search feature for more than 110 available forms and selecting the shareholder agreement option. Matthew demonstrates how to choose a state, in this case, Texas, before entering company details like the name (e.g., MK Tips), address, representative's name and title, and shareholder information, including the number of shares and additional shareholders.