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good afternoon everyone welcome to Venables adllaw monthly presentation today were going to be talking about legal considerations with affiliate marketing contracts Im going to be joined by two of my colleagues youre about to introduce themselves hi everyone my name is Allison Laubach and Im an associate in the IP transactions team hi my name is Stephanie Molino Im an associate also in the IP transactions team as well as the corporate group here weve broken todays presentation of the three pieces first were going to be going over some background both about the industry at large and the state of this contracting practice and then we will follow up with some legal considerations that all of you might need to be aware of depending any relevant industry or depending on your target audience and then finally well be going through a standard affiliate marketing contract we are highlighting key terms and well do our best to highlight these terms in a way that enables the typical cont