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okay um we are talking about the concept of incorporation um and were doing some startup specific issues around a corporation and uh this this lesson in particular is about the rspa which means the restricted stock purchase agreement and then well explain what that means in a moment i want to make sure to remind everybody that when were talking about some of these additions to the incorporation process but theres one of two things that they represent theyre either an incentive for that you can apply in order for employees or contractors or others to help you or they allow some protection for the company they establish some protection for either you uh your founders or co-investors or the company itself that being said what were going to talk about is the restricted stock purchase agreement this is often one of the most confusing and misunderstood pieces of the incorporation process for entrepreneurs its also very important because it has some direct financial implications for th