This is an extension to create a copy of a template document in the current folder.
This extension allows users to store Google Docs files as templates within it and the create a copy of those files in whatever Google Drive folder is currently the active tab. The idea of this is to allow users to quickly create files in the desired folder without having to make a copy and move to the desired location or use the built in templates which is also slow to open. This also allows for private templates that are not available to the whole organisation.
In the latest version, you can choose whether you would like the copy to also copy the existing comments and/or share with the same collaborators.