Kate Hudson [1] was one of the stars on hand to honor Matthew McConaughey [2] when he received the American Cinematheque Award [3] 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 [4].

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