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In this video, Matthew demonstrates how to create an independent contractor agreement. Viewers are directed to click a link that leads to legaltemplates.net, where they can access business forms. He navigates to service contracts, selecting the independent contractor agreement, and proceeds to choose Texas as the applicable state. Matthew emphasizes filling out the client's information, which could be either the client or the contractor. He instructs users to specify the services provided and details regarding compensation and expense reimbursement.