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Today, Matthew will guide us on creating a Memorandum of Understanding using legal templates. Click the link below the video to access the forms. Search for "Memorandum of Understanding" and enter details for the first and second parties. Specify the project name, objective, and cooperation details. Choose between business or individual as the first party. Fill in their name, address, city, state, and zip code. Repeat this for the second party. This document will define the agreement between the parties.