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okay were this is uh were talking about a corporation right now this is another lesson about startup specific uh issues surrounding incorporation this lesson in particular is about indemnification agreements uh this is something else that most startups will have um that and it serves a certain purpose after you incorporate i want to make sure that people understand that whenever there are things surrounding your incorporation in a startup that are added or included in the incorporation package they often have to do with incentives versus protection they either help you provide incentives for people who do things for you or they protect people or the corporation from various things so this one in particular were talking about is indemnification agreements now notification agreements really do one basic thing they help you attract and retain highly qualified people as officers and directors the reason that they do that is because they provide legal protection they indemnify officers