Templates are included with the preset SMPTE wipes that come with your application.

If you modify the start position or increase the duration for a SMPTE wipe, the interpolation for the transition may not be as even as it should be. For example, if you load a preset SMPTE pattern and change its default start position by a large number of frames, the transition may appear to jump at the last frame. Or, if you increase the duration of the transition by a large number of frames, the interpolation may also appear to jump between some frames. Use Adjust to fix this problem.