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In this video, business attorney Roxanne Smithers discusses the Master Application Development Agreement, which is intended for app developers to define their relationship with clients. This master agreement allows ongoing work without the need to negotiate new contracts for each project. Instead, a "scope of work" can be issued for specific projects, which adheres to the established master terms. The video introduces key sections of the agreement, beginning with the "scope of services," to provide viewers with an understanding of how to implement the master agreement effectively for their business needs.