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In this video, Matthew demonstrates how to create a shareholder agreement using legal templates. He directs viewers to a link in the video description to access the necessary business form. After navigating to the business forms section, he uses a search engine to find the shareholder agreement template. Matthew selects Texas as the state and initiates document creation by entering company details, including its name (e.g., MK Tips), address, and representative information, specifying their role (CEO or managing director). He highlights the need to include multiple shareholders and their respective shares.