Item 1.01 Entry Into A Material Definitive Agreement

On November 12, 2008, InFocus Corporation, an Oregon corporation (the "Company"), entered into a Director Indemnification Agreement (the "Indemnity Agreements") with each of its current directors. It is anticipated that future directors of the Company would enter into an Indemnity Agreement with the Company in substantially similar form.

The Indemnity Agreements provide, among other things, that the Company will indemnify each director, under the circumstances and to the extent provided for therein, for expenses, judgments, fines, penalties and settlements he or she may be required to pay in actions or other proceedings to which he or she is or may be made a party by reason of his or her position as a director, officer or other agent of the Company, and otherwise to the fullest extent permitted under applicable law, and as a supplement to and in furtherance of rights to indemnification under applicable law and the Company's Restated Articles of Incorporation and Restated Bylaws, each as amended from time to time. The Indemnity Agreements further provide for the advancement of certain expenses of each director in connection with claims with respect to which such director is or may be entitled to indemnification under the Indemnity Agreements. In addition, the Indemnity Agreements obligate the Company to maintain a policy of directors' and officers' liability insurance during such time as each director serves as a director, officer or other agent of the Company, and for at least six years following a change of control event, including the acquisition by any person of securities representing 15% or more of the combined voting power the Company's then outstanding securities entitled to vote generally in the election of directors.

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