Document:

<PAGE>

                                                                    EXHIBIT 10.4

                                PERSONIFY, INC.

                           INDEMNIFICATION AGREEMENT

     This INDEMNIFICATION AGREEMENT (the "Agreement") is made as of the
____________, by and between Personify, Inc., a Delaware corporation (the
"Company"), and ______________ ("Indemnitee").

                                    Recitals

     A.  The Company desires to attract and retain qualified directors,
officers, employees and other agents, and to provide them with protection
against liability and expenses incurred while acting in that capacity;

     B.  The Certificate of Incorporation and Bylaws of the Company contain
provisions for indemnifying directors and officers of the Company, and the
Bylaws and Delaware law contemplate that separate contracts may be entered into
between the Company and its directors and officers, employees and other agents
with respect to their indemnification by the Company, which contracts may
provide greater protection than is afforded by the Certificate of Incorporation
and Bylaws;

     C.  The Company understands that Indemnitee has reservations about serving
or continuing to serve the Company without adequate protection against personal
liability arising from such service, and that it is also of critical importance
to Indemnitee that adequate provision be made for advancing costs and expenses
of legal defense; and

     D.  The Board of Directors and the stockholders of the Company have
approved as being in the best interests of the Company indemnity contracts
substantially in the form of this Agreement for directors and officers of the
Company and its subsidiaries and for certain other employees and agents of the
Company designated by the Board of Directors.

     NOW, THEREFORE, in order to induce Indemnitee to serve or to continue to
serve as a director and/or officer of the Company, and in consideration of
Indemnitee's service to the Company, the parties agree as follows:

     1.  Contractual Indemnity. In addition to the indemnification provisions of
         ---------------------
the Bylaws of the Company, the Company hereby agrees, subject to the limitations
of Sections 2 and 5 hereof:

         (a)  To indemnify, defend and hold Indemnitee harmless to the greatest
extent possible under applicable law from and against any and all judgments,
fines, penalties, amounts paid in settlement and any other amounts reasonably
incurred or suffered by Indemnitee (including attorneys' fees) in connection
with any threatened, pending or completed action, suit or proceeding, whether
civil, criminal, administrative or investigative, including an action by or in
the right of the Company, to which Indemnitee is, was or at any time becomes a
party, or is threatened to be made a party, by reason of the fact that
Indemnitee is, was or at any time becomes a director, officer, employee or agent
of the Company or is or was serving or at any time serves at the request of the
Company as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise (collectively referred to
hereafter as a "Claim"), whether or not arising prior to the date of this
Agreement.

                                      -1-
<PAGE>

         (b)  To pay  any and all expenses reasonably incurred by Indemnitee in
defending any Claim or Claims (including reasonable attorneys' fees and other
reasonable costs of investigation and defense), as the same are incurred and in
advance of the final disposition of any such Claim or Claims, upon receipt of an
undertaking by or on behalf of Indemnitee to reimburse such amounts if it shall
be ultimately determined that Indemnitee (i) is not entitled to be indemnified
by the Company under this Agreement, and (ii) is not entitled to be indemnified
by the Company under the Certificate of Incorporation or the Bylaws of the
Company.

         The termination of any action or proceeding by judgment, order,
settlement, conviction, or upon a plea of nolo contendere or its equivalent,
                                          ---------------
shall not, of itself, create a presumption that (i) Indemnitee did not act in
good faith and in a manner which Indemnitee reasonably believed to be in the
best interests of the Company, or (ii) with respect to any criminal action or
proceeding, Indemnitee had reasonable cause to believe that Indemnitee's conduct
was unlawful.

     2.  Limitations on Contractual Indemnity.  Indemnitee shall not be entitled
         ------------------------------------
to indemnification or advancement of expenses under Section 1:

         (a)  if a court of competent jurisdiction, by final judgment or decree,
shall determine that (i) the Claim or Claims in respect of which indemnity is
sought arise from Indemnitee's fraudulent, dishonest or willful misconduct, or
(ii) such indemnity is not permitted under applicable law; or

         (b)  on account of any suit in which judgment is rendered for an
accounting of profits made from the purchase or sale by Indemnitee of securities
of the Company in violation of the provisions of Section 16(b) of the Securities
Exchange Act of 1934 and amendments thereto or similar provisions of any
federal, state or local statutory law; or

         (c)  for any acts or omissions or transactions from which a director
may not be relieved of liability under the Delaware General Corporation Law; or

         (d)  with respect to proceedings or claims initiated or brought
voluntarily by Indemnitee and not by way of defense, except (i) with respect to
proceedings brought in good faith to establish or enforce a right to
indemnification under this Agreement or any other statute or law, or (ii) at the
Company's discretion, in specific cases if the Board of Directors of the Company
has approved the initiation or bringing of such suit; or

         (e)  for expenses or liabilities of any type whatsoever (including, but
not limited to, judgments, fines, ERISA excise taxes or penalties, and amounts
paid in settlement) which have been paid directly to Indemnitee by an insurance
carrier under a policy of directors' and officers' liability insurance
maintained by the Company; or

         (f)  on account of any suit brought against Indemnitee for misuse or
misappropriation of non-public information, or otherwise involving Indemnitee's
status as an "insider" of the Company, in connection with any purchase or sale
by Indemnitee of securities of the Company.

     3.  Continuation of Contractual Indemnity.  Subject to the termination
         -------------------------------------
provisions of Section 11, all agreements and obligations of the Company
contained herein shall continue for so long as Indemnitee shall be subject to
any possible action, suit, proceeding or other assertion of a Claim or Claims.

                                      -2-
<PAGE>

     4.  Expenses; Indemnification Procedure.  The Company shall advance all
         -----------------------------------
expenses incurred by Indemnitee in connection with the investigation, defense,
settlement or appeal of any civil or criminal action or proceeding referenced in
Section 1 hereof (but not amounts actually paid in settlement of any such action
or proceeding).  Indemnitee hereby undertakes to repay such amounts advanced if,
and to the extent that, it shall ultimately be determined that Indemnitee is not
entitled to be indemnified by the Company as authorized hereby.  The advances to
be made hereunder shall be paid by the Company to Indemnitee within twenty (20)
days following delivery of a written request therefor by Indemnitee to the
Company.

     5.  Notification and Defense of Claim.  If any action, suit, proceeding or
         ---------------------------------
other Claim is brought against Indemnitee in respect of which indemnity may be
sought under this Agreement:

         (a)  Indemnitee will promptly notify the Company in writing of the
commencement thereof, and the Company and any other indemnifying party similarly
notified will be entitled to participate therein at its own expense or to assume
the defense thereof and to employ counsel reasonably satisfactory to Indemnitee.
Notice to the Company shall be directed to the Chief Executive Officer of the
Company at the address shown on the signature page of this  Agreement (or such
other address as the Company shall designate in writing to Indemnitee).  Notice
shall be deemed received three (3) business days after the date postmarked if
sent by domestic certified or registered mail, properly addressed; otherwise
notice shall be deemed received when such notice shall actually be received by
the Company.  Indemnitee shall have the right to employ its own counsel in
connection with any such Claim and to participate in the defense thereof, but
the fees and expenses of such counsel shall be at the expense of Indemnitee
unless (i) the Company shall not have assumed the defense of the Claim and
employed counsel for such defense, or (ii) the named parties to any such action
(including any impleaded parties) include both Indemnitee and the Company, and
Indemnitee shall have reasonably concluded that joint representation is
inappropriate under applicable standards of professional conduct due to a
material conflict of interest between Indemnitee and the Company, in either of
which events the reasonable fees and expenses of such counsel to the Indemnitee
shall be borne by the Company upon delivery to the Company of the undertaking
referred to in subparagraph (b) of Section 1.  However, in no event will the
Company be obligated to pay the fees or expenses of more than one firm of
attorneys representing Indemnitee and any other agents of the Company in
connection with any one Claim or separate but substantially similar or related
Claims in the same jurisdiction arising out of the same general allegations or
circumstances.

         (b)  The Company shall not be liable to indemnify Indemnitee for any
amounts paid in settlement of any Claim effected without the Company's written
consent, and the Company shall not settle any Claim in a manner which would
impose any penalty or limitation on Indemnitee without Indemnitee's written
consent; provided, however, that neither the Company nor Indemnitee will
unreasonably withhold its consent to any proposed settlement and, provided
further, that if a claim is settled by the Indemnitee with the Company's written
consent, or if there be a final judgment or decree for the plaintiff in
connection with the Claim by a court of competent jurisdiction, the Company
shall indemnify and hold harmless Indemnitee from and against any and all
losses, costs, expenses and liabilities incurred by reason of such settlement or
judgment.

         (c)  Indemnitee shall give the Company such information and cooperation
as it may reasonably require and as shall be within Indemnitee's power.

         (d)  Any indemnification provided for in Section 1 shall be made no
later than forty-five (45) days after receipt of the written request of
Indemnitee.  If a Claim under this Agreement, under any statute, or

                                      -3-
<PAGE>

under any provision of the Company's Certificate of Incorporation or Bylaws
providing for indemnification, is not paid in full by the Company within forty-
five (45) days after a written request for payment thereof has first been
received by the Company, Indemnitee may, but need not, at any time thereafter
bring an action against the Company to recover the unpaid amount of the claim
and, subject to Section 13 of this Agreement, Indemnitee shall also be entitled
to be reimbursed for the expenses (including attorneys' fees) of bringing such
action. It shall be a defense to any such action (other than an action brought
to enforce a claim for expenses incurred in connection with any action or
proceeding in advance of its final disposition) that Indemnitee has not met the
standards of conduct which make it permissible under applicable law for the
Company to indemnify Indemnitee for the amount claimed but the burden of proving
such defense shall be on the Company, and Indemnitee shall be entitled to
receive interim payments of expenses pursuant to Subsection 4 unless and until
such defense may be finally adjudicated by court order or judgment from which no
further right of appeal exists. It is the parties' intention that if the Company
contests Indemnitee's right to indemnification, the question of Indemnitee's
right to indemnification shall be for the court to decide, and neither the
failure of the Company (including its Board of Directors, any committee or
subgroup of the Board of Directors, independent legal counsel, or its
stockholders) to have made a determination that indemnification of Indemnitee is
proper in the circumstances because Indemnitee has met the applicable standard
of conduct required by applicable law, nor an actual determination by the
Company (including its Board of Directors, any committee or subgroup of the
Board of Directors, independent legal counsel, or its stockholders) that
Indemnitee has not met such applicable standard of conduct, shall create a
presumption that Indemnitee has or has not met the applicable standard of
conduct.

         (e)  If, at the time of the receipt of a notice of a Claim, the Company
has director and officer liability insurance in effect, the Company shall give
prompt notice of the commencement of such proceeding to the insurers in
accordance with the procedures set forth in the respective policies.  The
Company shall thereafter take all necessary or desirable action to cause such
insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of
such proceeding in accordance with the terms of such policies.

     6.  Scope.  Notwithstanding any other provision of this Agreement, the
         -----
Company hereby agrees to indemnify the Indemnitee against any Claim to the
fullest extent permitted by law, notwithstanding that such indemnification is
not specifically authorized by the other provisions of this Agreement, the
Company's Certificate of Incorporation, the Company's Bylaws or by statute.  In
the event of any change, after the date of this Agreement, in any applicable
law, statute or rule which expands the right of a Delaware corporation to
indemnify a member of its board of directors, an officer or other corporate
agent, such changes shall be, ipso facto, within the purview of Indemnitee's
                              ---- -----
rights and Company's obligations, under this Agreement.  In the event of any
change in any applicable law, statute, or rule which narrows the right of a
Delaware corporation to indemnify a member of its Board of Directors, an
officer, or other corporate agent, such changes, to the extent not otherwise
required by applicable law  to be applied to this Agreement, shall have no
effect on this Agreement or the parties' rights and obligations hereunder.

     7.  Partial Indemnification.  If Indemnitee is entitled under any provision
         -----------------------
of this Agreement to indemnification by the Company for some or a portion of the
expenses, judgments, fines or penalties actually or reasonably incurred by him
in the investigation, defense, appeal or settlement of any civil or criminal
action or proceeding, but not, however, for the total amount thereof, the
Company shall nevertheless indemnify Indemnitee for the portion of such
expenses, judgments, fines or penalties to which Indemnitee is entitled.

     8.  Public Policy.  Both the Company and Indemnitee acknowledge that in
         -------------
certain instances, Federal law or applicable public policy may prohibit the
Company from indemnifying its directors and officers under

                                      -4-
<PAGE>

this Agreement or otherwise. Indemnitee understands and acknowledges that the
Company has undertaken or may be required in the future to undertake with the
Securities and Exchange Commission to submit the question of indemnification to
a court in certain circumstances for a determination of the Company's right
under public policy to indemnify Indemnitee.

     9.  Insurance.  Although the Company may from time to time maintain
         ---------
insurance for the purpose of indemnifying Indemnitee and other agents of the
Company against personal liability, including costs of legal defense, nothing in
this Agreement shall obligate the Company to do so.

     10. No Restrictions. The rights and remedies of Indemnitee under this
         ---------------
Agreement shall not be deemed to exclude or impair any other rights or remedies
to which Indemnitee may be entitled under the Certificate of Incorporation or
Bylaws of the Company, or under any other agreement, provision of law or
otherwise, nor shall anything contained herein restrict the right of the Company
to indemnify Indemnitee in any proper case even though not specifically provided
for in this Agreement, nor shall anything contained herein restrict Indemnitee's
right to contribution as may be available under applicable law.

     11. Termination. The Company may terminate this Agreement at any time upon
         -----------
90 days written notice, but any such termination will not affect Claims relating
to events occurring prior to the effective date of termination.

     12. Severability.  Each of the provisions of this Agreement is a separate
         ------------
and distinct agreement and independent of the others, so that if any provision
hereof shall be held to be invalid or unenforceable for any reason, such
invalidity or unenforceability shall not affect the validity or enforceability
of the other provisions hereof.

     13. Attorneys' Fees.  In the event of any litigation or other action or
         ---------------
proceeding to enforce or interpret this Agreement, the prevailing party as
determined by the court shall be entitled to an award of its reasonable
attorneys' fees and other costs, in addition to such relief as may be awarded by
a court or other tribunal.

     14. Further Assurances.  The parties will do, execute and deliver, or will
         ------------------
cause to be done, executed and delivered, all such further acts, documents and
things as may be reasonably required for the purpose of giving effect to this
Agreement and the transactions contemplated hereby.

     15. Acknowledgment.  The Company expressly acknowledges that it has
         --------------
entered into this Agreement and assumed the obligations imposed on the Company
hereunder in order to induce Indemnitee to serve or to continue to serve as an
agent of the Company, and acknowledges that Indemnitee is relying on this
Agreement in serving or continuing to serve in such capacity.

     16. Construction of Certain Phrases.
         -------------------------------

         (a)   "Company":  For purposes of this Agreement, references to the
               -------
"Company" shall also include, in addition to the resulting corporation in any
consolidation or merger to which the Company is a party, any constituent
corporation (including any constituent of a constituent) absorbed in
consolidation or merger which, if its separate existence had continued, would
have had power and authority to indemnify its directors, officers, employees or
agents, so that if Indemnitee is or was a director, officer, employee or agent
of such

                                      -5-
<PAGE>

constituent corporation, or is or was serving at the request of such constituent
corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise, Indemnitee shall stand in
the same position under the provisions of this Agreement with respect to the
resulting or surviving corporation as Indemnitee would have with respect to such
constituent corporation if its separate existence had continued.

         (b)   Benefit Plans:  References to "fines" contained in this Agreement
               -------------
shall include any excise taxes assessed on Indemnitee with respect to an
employee benefit plan; and references to "serving at the request of the Company"
shall include any service as a director, officer, employee or agent of the
Company which imposes duties on, or involves services by, such director,
officer, employee or agent with respect to an employee benefit plan, its
participants, or beneficiaries.

     17. Counterparts.  This Agreement may be executed in one or more
         ------------
counterparts, each of which shall constitute an original.

     18. Notice.  All notices, requests, demands and other communications under
         -------
this Agreement shall be in writing and shall be deemed duly given (i) if
delivered by hand and receipted for by the party addressee, on the date of such
receipt, or (ii) if mailed by domestic certified or registered mail with postage
prepaid, on the third business day after the date postmarked.  Addresses for
notice to either party are as shown on the signature page of this Agreement, or
as subsequently modified by written notice.

     19. Governing Law; Binding Effect; Amendment.
         ----------------------------------------

         (a)  This Agreement shall be interpreted and enforced in accordance
with the laws of the State of Delaware applicable to contracts entered into in
Delaware.

         (b)  This Agreement shall be binding upon Indemnitee and the Company,
their successors and assigns, and shall inure to the benefit of Indemnitee, his
heirs, personal representatives and assigns and to the benefit of the Company,
its successors and assigns.

         (c)  No amendment, modification, termination or cancellation of this
Agreement shall be effective unless in writing signed by both parties hereto.

                                      -6-
<PAGE>

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

                              "COMPANY"

                              Personify, Inc.
                              a Delaware corporation

                              425 Battery Street, Suite 450B
                              San Francisco, CA  94111

                              ------------------------------------------
                              Richard Vinchesi
                              Chief Financial Officer

                              "INDEMNITEE"

                              ------------------------------------------
                              (Signature of Indemnitee)

                              Print name:
                                         -------------------------------

                              Print address:
                                            ----------------------------

                                            ----------------------------

                                      -7-<PAGE>

                                                                    EXHIBIT 10.5

                                January 6, 2000

Mr. Love Goel
13033 Ridgedale Drive
Box 126
Minnesota, MN  55305

Dear Love

On behalf of Personify and its Board of Directors I am pleased to offer you the
position of Chief Executive Officer, reporting to the Board of Directors, on the
following terms.

Your compensation will be $25,000 per month (or $300,000 on an annualized
basis), less payroll deductions and all required withholdings.  You will be paid
according to the Company's regular payroll policy and you will be entitled to
two weeks paid vacation per year or the amount granted to officers under the
Company's employment policies, whichever is greater.  The Company will provide
you with medical, dental, disability, 401K and life insurance benefits in
accordance with our standard policies.  Details about these benefits are
available for your review.

You will receive a fist year bonus of $100,000 based upon meeting certain
objectives as mutually agreed between you and the Board of Directors on or
before February 15, 2000 (the "Objectives Date").  You will receive payment of
the $100,000 within three business days of the Objectives Date).  In addition,
you will receive an additional bonus of $300,000 upon the completion of an
underwritten Initial Public Offering (IPO) of the Company's common stock.

You will also receive a secured loan from the Company in the amount of $200,000
with an annual interest rate of 6% (or the minimum applicable Federal Discount
Rate, whichever is higher).  Proceeds of the loan shall be disbursed to you in
twelve equal increments of $16,686.67, beginning ten days after the commencement
of your employment and every thirty days thereafter.  The principal of the loan
and any accrued interest shall be repayable in full upon your sale of the stock
or any portion thereof referred to in the next paragraph.  The obligation to
repay the principal of the loan shall be forgiven in the event of (a) a
termination of your employment, or (b) a Change in Control as defined herein.

Contingent upon your acceptance of this offer, the Company's Board of Directors
has granted you the right to immediately purchase 1,691,000 shares of the
Company's common stock (approximately 8% of the Company's outstanding capital
stock).  The purchase price shall be the closing price of the Company's common
stock on the date that the Board of Directors approves the stock grant (the
Purchase Price).  The purchase shall be funded by your payment of cash to the
Company in the amount of $10,000.00, and
<PAGE>

those customarily required of a chief executive officer of a company, or (c) a
reduction in your title or position. For an event described in the preceding
sentence to qualify as a Covered Breach, you must give written notice of the
event to the Company and the Company must fail to cure the event within thirty
days of receipt of that written notice. If, however, you voluntarily terminate
your employment other than for a Covered Breach, or if you are terminated for
Cause, there will be no termination of the Company's right to repurchase your
shares, the right to repurchase all shares not yet repurchased by the Company
shall ripen immediately, and no severance payment will be made.

Contingent upon your acceptance of this offer, you have also been nominated by
the Board of Directors to serve as a member of the Board of Directors of the
Company.

This letter sets forth the terms of your employment with the Company and
supersedes any prior representations or agreements, whether written or oral.
For purposes of federal immigration law, you will be required to provide to the
Company documentary evidence of your identity and eligibility for employment in
the United States.

As a Personify employee, you will be expected to sign and comply with the
attached Proprietary Information Agreement, which prohibits unauthorized use or
disclosure of Personify proprietary information.

This letter, together with your Proprietary Information and Inventions
Agreement, forms the complete and exclusive statement of your employment
agreement with Personify.  The employment terms in this letter supersede any
other agreements or promises made to you by anyone, whether oral or written.  As
required by law, this offer is subject to satisfactory proof of your right to
work in the United States.

Love, we are very excited about you joining Personify, and we look forward to a
mutually rewarding relationship.  Please sign below and return to us.

                                  Sincerely,

                                  /s/ Lucio Lanza
                                  Lucio Lanza
                                  Chairman

I accept your offer of employment pursuant to the terms and conditions set forth
in this letter.

Name:     /s/ Love Goel                  Date: 1/6/00
      -------------------------------         --------------------------------
              Love Goel

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}]]