Kate Hudson was one of the stars on hand to honor Matthew McConaughey when he received the American Cinematheque Award in LA on Tuesday, and the actress drew big laughs with her speech. Kate kicked it off by explaining that she was going through a rough patch back when the two stars were filming 2008's Fool's Gold together. Then she got to the part in the story when Matthew gave her a perspective-changing and hilarious pep talk. Finally, video of the speech has emerged. Watch the clip above to hear Kate make the entire audience — including Matthew! — laugh, and then catch up on the latest viral videos.