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                                                                    EXHIBIT 10.5

                                 ZIPREALTY, INC.

                           FIFTH AMENDED AND RESTATED
                           INVESTORS' RIGHTS AGREEMENT

     This Fifth Amended and Restated Investors' Rights Agreement is made as of
December 17, 2002 by and among zipRealty, Inc., a California corporation located
at 2000 Powell Street, Suite 1555 Emeryville, California 94608 (the "COMPANY"),
and the Holders (as defined below).

     1. Registration Rights. The Company covenants and agrees as follows:

          1.1 Definitions. For purposes of this Section 1:

               (a) The term "REGISTER," "REGISTERED," and "REGISTRATION" refer
to a registration effected by preparing and filing a registration statement or
similar document in compliance with the Securities Act of 1933, as amended ("THE
ACT"), and the declaration or ordering of effectiveness of such registration
statement or document;

               (b) The term "REGISTRABLE SECURITIES" means the Common Stock, (i)
issuable or issued upon conversion of the Series A Preferred Stock issued
pursuant to the Series A Preferred Stock Purchase Agreement dated July 7, 1999;
(ii) issuable or issued upon conversion of the Series B Preferred Stock issued
pursuant to the Series B Preferred Stock Purchase Agreement dated November 30,
1999; (iii) issuable or issued upon conversion of the Series C Preferred Stock
issued pursuant to the Series C Preferred Stock Purchase Agreement dated July
28, 2000; (iv) issuable or issued upon conversion of the Series D Preferred
Stock issued pursuant to the Series D Preferred Stock Purchase Agreement dated
May 18, 2001; (v) issuable or issued upon conversion of the Series E Preferred
Stock issued upon conversion of the Senior Secured Convertible Promissory Notes
issued pursuant to the Note and Warrant Purchase Agreement dated February 11,
2002; (vi) issuable or issued upon conversion of the Series F Preferred Stock
issued upon conversion of the Senior Secured Convertible Promissory Notes issued
pursuant to the Note and Warrant Purchase Agreement of even date herewith; (vii)
issuable or issued upon conversion of the Warrant Shares (defined below); and
(viii) any Common Stock of the Company issued as (or issuable upon the
conversion or exercise of any warrant, right or other security which is issued
as) a dividend or other distribution with respect to, or in exchange for or in
replacement of, such Series A Preferred Stock, Series B Preferred Stock, Series
C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F
Preferred Stock and Warrant Shares excluding in all cases, however, (i) any
Registrable Securities sold by a person in a transaction in which such person's
rights under this Section 1 are not assigned, or (ii) any Registrable Securities
sold to or through a broker or dealer or underwriter in a public distribution or
a public securities transaction.

               (c) The number of shares of "REGISTRABLE SECURITIES THEN
OUTSTANDING" shall be determined by the number of shares of Common Stock
outstanding which are, and the number of

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shares of Common Stock issuable pursuant to then exercisable or convertible
securities which are, Registrable Securities.

               (d) The term "HOLDER" means any person owning or having the right
to acquire Registrable Securities or any assignee thereof in accordance with
Section 1.12 hereof.

               (e) The term "FORM S-3" means such form under the Act as in
effect on the date hereof or any registration form under the Act subsequently
adopted by the Securities and Exchange Commission (the "SEC") which permits
inclusion or incorporation of substantial information by reference to other
documents filed by the Company with the SEC.

               (f) The term "INITIATING HOLDERS" shall mean any Holder or
Holders who in the aggregate hold not less than thirty percent (30%) of the then
outstanding Registrable Securities.

               (g) The term "WARRANT SHARES" means any shares of Common Stock
issuable or issued upon conversion of (i) the Series F Preferred Stock issued
upon exercise of the Warrants (as defined in the Note and Warrant Purchase
Agreement of even date herewith); (ii) the Series F Preferred Stock issued upon
exercise of the Warrants (as defined in the Note and Warrant Purchase Agreement
dated October 28, 2002); (iii) the Series E-1 Preferred Stock issued upon
exercise of the Primary Warrants and Secondary Warrants (as defined in the Note
and Warrant Purchase Agreement dated February 11, 2002); (iv) the Series C
Preferred Stock issued upon exercise of the Series C Warrants (as that term is
defined in the Series C Preferred Stock Purchase Agreement dated July 28, 2000);
(v) the Series B Preferred Stock issued upon exercise of a warrant to purchase
30,485 shares of Series B Preferred Stock issued to Vanguard VI, L.P. dated
November 3, 1999; (vi) the Series B Preferred Stock issued upon exercise of a
warrant to purchase 1,261 shares of Series B Preferred Stock issued to Vanguard
VI Affiliates Fund L.P. dated November 3, 1999; (vii) the Series B Preferred
Stock issued upon exercise of a warrant to purchase 10,159 shares of Series B
Preferred Stock issued to Barrington Partners LLC dated November 17, 1999; and
(viii) the Series A Preferred Stock issued upon exercise of a warrant to
purchase 22,222 shares of Series A Preferred Stock issued to Iverson Financial
Corp. dated March 29, 1999.

          1.2 Demand Registration.

               (a) Request for Registration. If the Company shall receive from
the Initiating Holders at any time or times not earlier than the earlier of (i)
three (3) years after the date of the First Closing (as defined in the Note and
Warrant Purchase Agreement of even date herewith) or (ii) six (6) months after
the effective date of the first registration statement filed by the Company
covering an underwritten offering of any of its securities to the general
public, a written request that the Company effect any registration with respect
to all or a part of the Registrable Securities, the aggregate proceeds of which
(after deduction for underwriter's discounts and expenses related to the
issuance) exceed $10,000,000 the Company will:

                    (i) promptly give written notice of the proposed
registration to all other Holders; and

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                    (ii) as soon as practicable, use its commercially reasonable
efforts to effect such registration (including, without limitation, filing
post-effective amendments, appropriate qualifications under applicable Blue Sky
or other state securities laws, and appropriate compliance with the Act) and as
would permit or facilitate the sale and distribution of all or such portion of
such Registrable Securities as are specified in such request, together with all
or such portion of the Registrable Securities of any Holder or Holders joining
in such request as are specified in a written request received by the Company
within twenty (20) days after such written notice from the Company is mailed or
delivered. Notwithstanding anything to the contrary contained herein, if the
underwriters have not limited the number of Registrable Securities to be
underwritten in the requested registration, the Company shall be entitled, at
its election, to join in any such registration with respect to securities to be
offered by it or any other party.

               (b) Exclusions. The Company shall not be obligated to effect, or
to take any action to effect, any such registration pursuant to this Section
1.2:

                    (i) In any particular jurisdiction in which the Company
would be required to execute a general consent to service of process in
effecting such registration, qualification, or compliance, unless the Company is
already subject to service in such jurisdiction and except as may be required by
the Act;

                    (ii) After the Company has initiated two (2) such
registrations pursuant to this Section 1.2;

                    (iii) During the period starting with the date sixty (60)
days prior to the Company's good faith estimate of the date of filing of, and
ending on a date one hundred eighty (180) days after the effective date of, a
Company-initiated registration; provided that the Company is actively employing
in good faith all reasonable efforts to cause such registration statement to
become effective;

                    (iv) If the Initiating Holders propose to dispose of shares
of Registrable Securities which may be immediately registered on Form S-3
pursuant to a request made under Section 1.11 hereof;

                    (v) If the Initiating Holders do not request that such
offering be firmly underwritten by underwriters selected by the Initiating
Holders (subject to the consent of the Company, which consent shall not be
unreasonably withheld); or

                    (vi) If the Company and the Initiating Holders are unable to
obtain the commitment of the underwriter described in clause (v) above to firmly
underwrite the offer.

               (c) Registration Statement. Subject to the foregoing clauses (i)
through (vi) above, the Company shall file a registration statement covering the
Registrable Securities so requested to be registered as soon as practicable
after receipt of the request or requests of the Initiating Holders; provided,
however, that if (i) in the good faith judgment of the Board of Directors of the
Company, such registration would be detrimental to the Company and the Board of
Directors

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of the Company concludes, as a result, that it is in the best interests of the
Company to defer the filing of such registration statement at such time, and
(ii) the Company shall furnish to such Holders a certificate signed by the
President of the Company stating that in the good faith judgment of the Board of
Directors of the Company, it would be detrimental to the Company for such
registration statement to be filed in the near future and that it is, therefore,
in the best interests of the Company to defer the filing of such registration
statement, then the Company shall have the right to defer such filing (except as
provided in clause (b)(iii) above) for a period of not more than one hundred
twenty (120) days after receipt of the request of the Initiating Holders, and,
provided further, that the Company shall not defer its obligation in this manner
more than once in any twelve-month period.

          The registration statement filed pursuant to the request of the
Initiating Holders may, subject to the provisions of Sections 1.2(d) and 1.2(e)
hereof, include other securities of the Company, with respect to which
registration rights have been granted, and may include securities of the Company
being sold for the account of the Company.

               (d) Underwriting. The right of any Holder to registration
pursuant to Section 1.2 shall be conditioned upon such Holder's participation in
such underwriting and the inclusion of such Holder's Registrable Securities in
the underwriting to the extent provided herein. All Holders proposing to
distribute their securities through such underwriting shall enter into an
underwriting agreement in customary form with the selected underwriter. A Holder
may elect to include in such underwriting all or a part of the Registrable
Securities he, she or it holds.

               (e) Procedures and Allocation of Registration Rights.

                    (i) If the Company shall request inclusion in any
registration pursuant to Section 1.2 of securities being sold for its own
account, or if other persons shall request inclusion in any registration
pursuant to Section 1.2, the Initiating Holders shall, on behalf of all Holders,
offer to include such securities in the underwriting and may condition such
offer on their acceptance of the further applicable provisions of this Section 1
(including Section 1.13). The Company shall (together with all Holders and other
persons proposing to distribute their securities through such underwriting)
enter into an underwriting agreement in customary form with the representative
of the underwriter or underwriters selected for such underwriting by a majority
in interest of the Initiating Holders, which underwriters are reasonably
acceptable to the Company. Notwithstanding any other provision of this Section
1.2, if the representative of the underwriters advises the Initiating Holders in
writing that marketing factors require a limitation on the number of shares to
be underwritten, the number of shares to be included in the underwriting or
registration shall be allocated as set forth in Section 1.2(e)(ii) below. If a
person who has requested inclusion in such registration as provided above does
not agree to the terms of any such underwriting, such person shall be excluded
therefrom by written notice from the Company, the underwriter or the Initiating
Holders. The securities so excluded shall also be withdrawn from registration.
Any Registrable Securities or other securities excluded or withdrawn from such
underwriting shall also be withdrawn from such registration. If shares are so
withdrawn from the registration and if the number of shares to be included in
such registration was previously reduced as a result of marketing factors
pursuant to this Section 1.2(e), then the Company shall offer to all holders who
have retained

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rights to include securities in the registration the right to include additional
securities in the registration in an aggregate amount equal to the number of
shares so withdrawn, with such shares to be allocated among such Holders
requesting additional inclusion in accordance with Section 1.2(e)(ii) below.

                    (ii) Allocation of Registration Rights.

                         (1) In any circumstance in which all of the Registrable
Securities and other shares of Common Stock of the Company (including shares of
Common Stock issued or issuable upon conversion of shares of any currently
unissued series of Preferred Stock of the Company) with registration rights (the
"Other Shares") requested to be included in a registration on behalf of the
Holders or other selling shareholders cannot be so included as a result of
limitations of the aggregate number of shares of Registrable Securities and
Other Shares that may be so included, the number of shares of Registrable
Securities and Other Shares that may be so included shall first be allocated
among the Holders of Registrable Securities requesting inclusion of shares, pro
rata on the basis of the number of shares of Registrable Securities that would
be held by such Holders, assuming conversion, and then allocated among other
selling shareholders requesting including of shares, pro rata on the basis of
the number of shares of Other Shares that would be held by such other selling
shareholders, assuming conversion; provided, however, that the number of shares
of Registrable Securities to be included in such underwriting and registration
shall not be reduced unless all Other Securities of the Company are first
entirely excluded from the underwriting and registration; provided further, that
such allocation shall not operate to reduce the aggregate number of Registrable
Securities and Other Shares to be included in such registration, if any Holder
or other selling shareholder does not request inclusion of the maximum number of
shares of Registrable Securities and Other Shares allocated to him, her or it
pursuant to the above-described procedure, in which case the remaining portion
of his, her or its allocation shall be reallocated among those requesting
Holders and other selling shareholders whose allocations did not satisfy their
requests pro rata on the basis of the number of shares of Registrable Securities
and Other Shares which would be held by such Holders and other selling
shareholders, assuming conversion, and this procedure shall be repeated until
all of the shares of Registrable Securities and Other Shares which may be
included in the registration on behalf of the Holders and other selling
shareholders have been so allocated. Any Registrable Securities and Other
Securities excluded and withdrawn from such underwriting shall be withdrawn from
registration.

                         (2) The Company shall not limit the number of
Registrable Securities to be included in a registration pursuant to this
Agreement in order to include shares held by shareholders with no registration
rights or to include shares of stock issued to founders of the Company or to
employees, officers, directors, or consultants pursuant to the Company's Stock
Option Plan, or in the case of registrations under Sections 1.2 or 1.11 hereof,
in order to include in such registration securities registered for the Company's
own account.

          1.3 Company Registration. If (but without any obligation to do so) the
Company proposes to register any of its stock or other securities under the Act
in connection with the public offering of such securities solely for cash (other
than a registration relating solely to the sale of

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securities to participants in a Company stock plan, or a registration on any
form which does not include substantially the same information as would be
required to be included in a registration statement covering the sale of the
Registrable Securities), the Company shall, at such time, promptly give each
Holder written notice of such registration. Upon the written request of each
Holder given within twenty (20) days after mailing of written notice by the
Company, the Company shall, subject to the provisions of Section 1.7, cause to
be registered under the Act all of the Registrable Securities that each such
Holder has requested to be registered.

          1.4 Obligations of the Company. Whenever required under this Section 1
to effect the registration of any Registrable Securities, the Company shall, as
expeditiously as reasonably possible:

               (a) Prepare and file with the SEC a registration statement with
respect to such Registrable Securities and use its best efforts to cause such
registration statement to become effective, and, upon the request of the holders
of a majority of the Registrable Securities registered thereunder, keep such
registration statement effective for the earlier of one hundred twenty (120)
days or until the distribution described in the registration statement has been
completed;

               (b) Prepare and file with the SEC such amendments and supplements
to such registration statement and the prospectus used in connection with such
registration statement as may be necessary to comply with the provisions of the
Act with respect to the disposition of all securities covered by such
registration statement;

               (c) Furnish to the Holders such numbers of copies of a
prospectus, including a preliminary prospectus, in conformity with the
requirements of the Act, and such other documents as they may reasonably request
in order to facilitate the disposition of Registrable Securities owned by them;

               (d) Use its best efforts to register and qualify the securities
covered by such registration statement under such other securities or Blue Sky
laws of such jurisdictions as shall be reasonably requested by the Holders,
provided that the Company shall not be required in connection therewith or as a
condition thereto to qualify to do business or to file a general consent to
service of process in any such states or jurisdictions;

               (e) In the event of any underwritten public offering, enter into
and perform its obligations under an underwriting agreement, in usual and
customary form, with the managing underwriter of such offering. Each Holder
participating in such underwriting shall also enter into and perform its
obligations under such an agreement;

               (f) Notify each Holder covered by such registration statement at
any time when a prospectus relating thereto is required to be delivered under
the Act of the happening of any event as a result of which the prospectus
included in such registration statement, as then in effect, includes an untrue
statement of a material fact or omits to state a material fact required to be
stated therein or necessary to make the statements therein not misleading in the
light of the circumstances then existing, and use reasonable efforts to amend or
supplement such prospectus in order to cause

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such prospectus not to include any untrue statement of material fact or omission
to state a material fact required to be stated therein or necessary to make the
statements therein not misleading in the light of the circumstances then
existing;

               (g) Furnish, at the request of any Holder requesting registration
of Registrable Securities pursuant to this Section 1, on the date that such
Registrable Securities are delivered to the underwriters for sale in connection
with a registration pursuant to this Section 1, if such securities are being
sold through underwriters, or, if such securities are not being sold through
underwriters, on the date that the registration statement with respect to such
securities becomes effective, an opinion, dated such date, of the counsel
representing the Company for the purposes of such registration, in form and
substance as is customarily given to underwriters in an underwritten public
offering, addressed to the underwriters, if any, and to the Holders requesting
registration of Registrable Securities and use its best efforts to cause its
independent certified public accountants to provide "cold comfort" letters and
updates thereof addressed to each Holder (unless such accountants shall be
prohibited from so addressing such letters by applicable standards of the
accounting profession) and each of the underwriters, such letters to be in
customary form and to cover matters of the type customarily covered in "cold
comfort" letters in connection with underwritten offerings;

               (h) Cause all such Registrable Securities registered pursuant
hereunder to be listed or quoted on each securities exchange or automated
quotation system on which similar securities issued by the Company are then
listed or quoted, and, if no such securities are so listed or quoted, cause such
securities to be listed on a national securities exchange or the Nasdaq Stock
Market;

               (i) Provide a transfer agent and registrar for all Registrable
Securities registered pursuant hereunder and a CUSIP number for all such
Registrable Securities, in each case not later than the effective date of such
registration; and

               (j) Otherwise use its best efforts to comply with all applicable
rules and regulations of the SEC.

          1.5 Furnish Information. It shall be a condition precedent to the
obligations of the Company to take any action pursuant to this Section 1 with
respect to the Registrable Securities of any selling Holder that such Holder
shall furnish to the Company such information regarding itself, the Registrable
Securities held by it, and the intended method of disposition of such securities
as shall be required to effect the registration of such Holder's Registrable
Securities.

          1.6 Expenses of Registration. The Company shall bear and pay all
expenses incurred in connection with any registration, filing or qualification
of Registrable Securities with respect to the registrations pursuant to Sections
1.2 and 1.3 for each Holder (which right may be assigned as provided in Section
1.12), including (without limitation) all registration, filing, and
qualification fees, printers and accounting fees relating or apportionable
thereto and the reasonable fees and disbursements of one counsel for the selling
Holders selected by them, but excluding underwriting discounts and commissions
relating to Registrable Securities.

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          1.7 Underwriting Requirements. In connection with any offering
involving an underwriting of shares being issued by the Company, the Company
shall not be required under Section 1.3 to include any of the Holders'
securities in such underwriting unless they accept the terms of the underwriting
as agreed upon between the Company and the underwriters selected by it (or by
other persons entitled to select the underwriters), and then only in such
quantity as will not, in the opinion of the underwriters, jeopardize the success
of the offering by the Company, but in no event will (i) shares of the Company's
equity securities held by persons other than the Holders be included in such
registration if Registrable Securities are excluded from such registration, and
(ii) the amount of Registrable Securities of the selling Holders included in the
offering be reduced below thirty percent (30%) of the total amount of securities
included in such offering (the Registrable Securities so included to be
apportioned pro rata among the selling shareholders according to the total
amount of Registrable Securities entitled to be included therein owned by each
selling shareholder or in such other proportions as shall mutually be agreed to
by such selling shareholders), unless such offering is the initial public
offering of the Company's securities in which case the selling shareholders may
be excluded entirely if the underwriters make the determination described above
and no other shareholder's securities are included. For purposes of
apportionment, any selling shareholder which is a Holder of Registrable
Securities and which is a partnership or corporation, the partners, retired
partners and shareholders of such Holder, or the estates and family members of
any such partners and retired partners and any trusts for the benefit of any of
the foregoing persons shall be deemed to be a single "selling shareholder," and
any pro rata reduction with respect to such "selling shareholder" shall be based
upon the aggregate amount of shares carrying registration rights owned by all
entities and individuals included in such "selling shareholder," as defined in
this sentence.

     The Company shall have the right to include shares now or hereafter owned
by the Company's officers and employee directors that are not already, by virtue
of this Agreement, deemed Registrable Securities (the "MANAGEMENT SHARES") in
any registration pursuant to Section 1.3, provided, however, that all of the
Management Shares and all other outstanding shares of the Company's equity
securities shall be excluded from such registration before any Registrable
Securities are excluded from such registration pursuant to this Section 1.7. If
Management Shares are included in a registration pursuant to Section 1.3, each
holder of Management Shares will be deemed a "Holder" (as that term is defined
in Section 1 of this Agreement) for all purposes under this Agreement.

          1.8 Delay of Registration. No Holder shall have any right to obtain or
seek an injunction restraining or otherwise delaying any such registration as
the result of any controversy that might arise with respect to the
interpretation or implementation of this Section 1.

          1.9 Indemnification. In the event any Registrable Securities are
included in a registration statement under this Section 1:

               (a) To the extent permitted by law, the Company will indemnify
and hold harmless each Holder, any underwriter (as defined in the Act) for such
Holder and each person, if any, who controls such Holder or underwriter within
the meaning of the Act or the Securities

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Exchange Act of 1934, amended (the "1934 ACT"), against any losses, claims,
damages, or liabilities (joint or several) to which they may become subject
under the Act, the 1934 Act or other federal or state law, insofar as such
losses, claims, damages, or liabilities (or actions in respect thereof) arise
out of or are based upon any of the following statements, omissions or
violations (collectively a "VIOLATION"): (i) any untrue statement or alleged
untrue statement of a material fact contained in such registration statement,
including any preliminary prospectus or final prospectus contained therein or
any amendments or supplements thereto, (ii) the omission or alleged omission to
state therein a material fact required to be stated therein, or necessary to
make the statements therein not misleading, or (iii) any violation or alleged
violation by the Company of the Act, the 1934 Act, any state securities law or
any rule or regulation promulgated under the Act, the 1934 Act or any state
securities law; and the Company will pay to each such Holder, underwriter or
controlling person, as incurred, any legal or other expenses reasonably incurred
by them in connection with investigating or defending any such loss, claim,
damage, liability, or action; provided, however, that the indemnity agreement
contained in this Section 1.9(a) shall not apply to amounts paid in settlement
of any such loss, claim, damage, liability, or action if such settlement is
effected without the consent of the Company (which consent shall not be
unreasonably withheld), nor shall the Company be liable in any such case for any
such loss, claim, damage, liability, or action to the extent that it arises out
of or is based upon a Violation which occurs in reliance upon and in conformity
with written information furnished expressly for use in connection with such
registration by any such Holder or controlling person.

               (b) To the extent permitted by law, each selling Holder will
indemnify and hold harmless the Company, each of its directors, each of its
officers who has signed the registration statement, each person, if any, who
controls the Company within the meaning of the Act, any underwriter, any other
Holder selling securities in such registration statement and any controlling
person of any such underwriter or other Holder, against any losses, claims,
damages, or liabilities (joint or several) to which any of the foregoing persons
may become subject, under the Act, the 1934 Act or other federal or state law,
insofar as such losses, claims, damages, or liabilities (or actions in respect
thereto) arise out of or are based upon any Violation, in each case to the
extent (and only to the extent) that such Violation occurs in reliance upon and
in conformity with written information furnished by such Holder expressly for
use in connection with such registration; and each such Holder will pay, as
incurred, any legal or other expenses reasonably incurred by any person intended
to be indemnified pursuant to this Section 1.9(b), in connection with
investigating or defending any such loss, claim, damage, liability, or action;
provided, however, that the indemnity agreement contained in this Section 1.9(b)
shall not apply to amounts paid in settlement of any such loss, claim, damage,
liability or action if such settlement is effected without the consent of the
Holder, which consent shall not be unreasonably withheld; provided, that, in no
event shall any indemnity under this Section 1.9(b) exceed the net proceeds from
the offering received by such Holder.

               (c) Promptly after receipt by an indemnified party under this
Section 1.9 of notice of the commencement of any action (including any
governmental action), such indemnified party will, if a claim in respect thereof
is to be made against any indemnifying party under this Section 1.9, deliver to
the indemnifying party a written notice of the commencement thereof and the
indemnifying party shall have the right to participate in, and, to the extent
the indemnifying party so

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desires, jointly with any other indemnifying party similarly noticed, to assume
the defense thereof with counsel mutually satisfactory to the parties; provided,
however, that an indemnified party shall have the right to retain its own
counsel, with the fees and expenses to be paid by the indemnifying party, if
representation of such indemnified party by the counsel retained by the
indemnifying party would be inappropriate due to actual or potential differing
interests between such indemnified party and any other party represented by such
counsel in such proceeding. The failure to deliver written notice to the
indemnifying party within a reasonable time of the commencement of any such
action, if prejudicial to its ability to defend such action, shall relieve such
indemnifying party of any liability to the indemnified party under this Section
1.9, but the omission so to deliver written notice to the indemnifying party
will not relieve it of any liability that it may have to any indemnified party
otherwise than under this Section 1.9.

               (d) If the indemnification provided for in this Section 1.9 is
held by a court of competent jurisdiction to be unavailable to an indemnified
party with respect to any loss, liability, claim, damage or expense referred to
therein, then the indemnifying party, in lieu of indemnifying such indemnified
party hereunder, shall contribute to the amount paid or payable by such
indemnified party as a result of such loss, liability, claim, damage or expense
in such proportion as is appropriate to reflect the relative fault of the
indemnifying party on the one hand and of the indemnified party on the other in
connection with the statements or omissions that resulted in such loss,
liability, claim, damage or expense as well as any other relevant equitable
considerations; provided, that, in no event shall any contribution by a Holder
under this Section 1.9(d) exceed the net proceeds from the offering received by
such Holder, except in the case of willful fraud by such Holder. The relative
fault of the indemnifying party and of the indemnified party shall be determined
by reference to, among other things, whether the untrue or alleged untrue
statement of a material fact or the omission to state a material fact relates to
information supplied by the indemnifying party or by the indemnified party and
the parties' relative intent, knowledge, access to information and opportunity
to correct or prevent such statement or omission.

               (e) Notwithstanding the foregoing, to the extent that the
provisions on indemnification and contribution contained in the underwriting
agreement entered into in connection with the underwritten public offering are
in conflict with the foregoing provisions, the provisions in the underwriting
agreement shall control.

               (f) The obligations of the Company and Holders under this Section
1.9 shall survive the completion of any offering of Registrable Securities in a
registration statement under this Section 1, and otherwise.

          1.10 Reports Under Securities Exchange Act of 1934. With a view to
making available to the Holders the benefits of Rule 144 promulgated under the
Act and any other rule or regulation of the SEC that may at any time permit a
Holder to sell securities of the Company to the public without registration or
pursuant to a registration on Form S-3, the Company agrees to use reasonable
efforts to:

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               (a) make and keep public information available, as those terms
are understood and defined in SEC Rule 144, at all times after the effective
date of the first registration statement filed by the Company for the offering
of its securities to the general public;

               (b) take such action, including the voluntary registration of its
Common Stock under Section 12 of the 1934 Act, as is necessary to enable the
Holders to utilize Form S-3 for the sale of their Registrable Securities;

               (c) file with the SEC in a timely manner all reports and other
documents required of the Company under the Act and the 1934 Act; and

               (d) furnish to any Holder, so long as the Holder owns any
Registrable Securities, forthwith upon request (i) a written statement by the
Company that it has complied with the reporting requirements of SEC Rule 144 (at
any time after ninety (90) days after the effective date of the first
registration statement filed by the Company), the Act and the 1934 Act (at any
time after it has become subject to such reporting requirements), or that it
qualifies as a registrant whose securities may be resold pursuant to Form S-3
(at any time after it so qualifies), (ii) a copy of the most recent annual or
quarterly report of the Company and such other reports and documents so filed by
the Company, and (iii) such other information as may be reasonably requested in
availing any Holder of any rule or regulation of the SEC which permits the
selling of any such securities without registration or pursuant to such form.

          1.11 Form S-3 Registration. In case the Company shall receive from the
Initiating Holders a written request or requests that the Company effect a
registration on Form S-3 and any related qualification or compliance with
respect to all or a part of the Registrable Securities then outstanding owned by
such Holders, the Company will:

               (a) promptly give written notice of the proposed registration,
and any related qualification or compliance, to all other Holders; and

               (b) as soon as practicable, effect such registration and all such
qualifications and compliances as may be so requested and as would permit or
facilitate the sale and distribution of all or such portion of such Initiating
Holders' Registrable Securities as are specified in such request, together with
all or such portion of the Registrable Securities of any other Holder or Holders
joining in such request as are specified in a written request given within
fifteen (15) days after receipt of such written notice from the Company;
provided, however, that the Company shall not be obligated to effect any such
registration, qualification or compliance, pursuant to this Section 1.11: (1) if
Form S-3 (or any successor or similar form) is not available for such offering
by the Holders; (2) if the Holders, together with the holders of any other
securities of the Company entitled to inclusion in such registration, propose to
sell Registrable Securities and such other securities (if any) at an aggregate
price to the public (net of any underwriters' discounts or commissions) of less
than $1,000,000; (3) if the Company shall furnish to the Holders a certificate
signed by the President of the Company stating that in the good faith judgment
of the Board of Directors of the Company, it would be seriously detrimental to
the Company and its shareholders for such Form S-3 Registration to be effected
at such time, in which event the Company shall have the right to defer the
filing of the

                                                                            -11-
<PAGE>

Form S-3 registration statement for a period of not more than 120 days after
receipt of the request of the Holder or Holders under this Section 1.11;
provided, however, that the Company shall not utilize this right more than once
in any twelve (12) month period; or (4) in any particular jurisdiction in which
the Company would be required to qualify to do business or to execute a general
consent to service of process in effecting such registration, qualification or
compliance.

               (c) If the Initiating Holders intend to distribute the
Registrable Securities covered by their request by means of an underwriting,
they shall so advise the Company as part of their request made pursuant to this
Section 1.11 and the Company shall include such information in the written
notice referred to in Section 1.11(a). In such event, the right of any Holder to
include such Holder's Registrable Securities in such registration shall be
conditioned upon such Holder's participation in such underwriting and the
inclusion of such Holder's Registrable Securities in the underwriting (unless
otherwise mutually agreed by a majority in interest of the Initiating Holders
and such Holder) to the extent provided herein. All Holders proposing to
distribute their securities through such underwriting shall (together with the
Company as provided in Section 1.4(e)) enter into an underwriting agreement in
customary form with the underwriter or underwriters selected for such
underwriting by a majority in interest of the Initiating Holders.

               (d) Subject to the foregoing, the Company shall file a
registration statement covering the Registrable Securities and other securities
so requested to be registered as soon as practicable after receipt of the
request or requests of the Initiating Holders. All expenses incurred in
connection with a registration requested pursuant to Section 1.11, including
(without limitation) all registration, filing, qualification, printer's and
accounting fees and the reasonable fees and disbursements of one counsel for the
selling Holder or Holders and counsel for the Company, but excluding any
underwriters' discounts or commissions associated with Registrable Securities,
shall be borne by the Company.

          1.12 Assignment of Registration Rights. The rights to cause the
Company to register Registrable Securities pursuant to this Section 1 may be
assigned by a Holder to a transferee or assignee who acquires at least 50,000
shares of Registrable Securities (provided that such rights may be assigned by a
Holder to a limited partner, general partner or other affiliate of a Holder
regardless of the number of shares acquired by such transferee), provided the
Company is, within a reasonable time after such transfer, furnished with written
notice of the name and address of such transferee or assignee and the securities
with respect to which such registration rights are being assigned; and,
provided, further, that such assignment shall be effective only if immediately
following such transfer the further disposition of such securities by the
transferee or assignee is restricted under the Act, and the transferee or
assignee enters into a written agreement with the Company whereby the transferee
or assignee agrees to be bound by the terms of this Agreement including, but not
limited to, the terms of Section 1.13 of this Agreement.

          1.13 "Market Stand-Off" Agreement. Each holder of securities which are
or at one time were Registrable Securities (or which are or were convertible
into Registrable Securities) hereby agrees that, during a period not to exceed
180 days, following the effective date of the initial public offering of the
Company, it shall not without the prior written consent of the managing

                                                                            -12-
<PAGE>

underwriter sell or otherwise transfer or dispose of (other than to a donee who
agrees to be similarly bound) any Common Stock of the Company held by it at any
time during such period except Common Stock included in such registration, and
further agrees to execute the managing underwriters' standard form of lock-up
agreement which shall reflect terms similar to those set forth in this Section
1.13. The foregoing provisions of this Section 1.13 shall only be applicable to
the Holders if all officers and directors and greater than 1% shareholders of
the Company enter into similar agreements. In order to enforce the foregoing
covenant, the Company may impose stop-transfer instructions with respect to the
Registrable Securities of each Holder (and the shares or securities of every
other person subject to the foregoing restriction) until the end of such period.

          1.14 Termination of Registration Rights. No shareholder shall be
entitled to exercise any right provided for in this Section 1 after the earlier
of (i) five (5) years following the consummation of the sale of securities
pursuant to a registration statement filed by the Company under the Act in
connection with the initial firm commitment underwritten offering of its
securities to the general public, or (ii) as to a given Holder, when such Holder
can sell all of such Holder's Registrable Securities in a ninety (90) day period
pursuant to Rule 144 promulgated under the Act.

          1.15 Future Registration Rights. Other than the rights granted herein,
the Company shall not grant any registration rights senior to or on parity with
the registration rights of the Registrable Securities as set forth herein
without the consent of the Holders of a majority of Registrable Securities then
outstanding.

     2. Information Rights.

          2.1 Inspection. The Company shall permit each Holder holding at least
100,000 shares of the Registrable Securities, at such Holder's expense to visit
and inspect the Company's properties, to examine its books of account and
records and to discuss the Company's affairs, finances and accounts with its
officers, all at such reasonable times as may be requested by the Holder;
provided, however, that the Company shall not be obligated pursuant to this
Section 2.1 to provide access to any information which it reasonably considers
to be a trade secret or similar confidential information.

          2.2 Delivery of Financial Statements. The Company shall deliver to
each Holder which holds at least 100,000 shares of Registrable Securities:

               (a) as soon as practicable, but in any event within ninety (90)
days after the end of each fiscal year of the Company, a balance sheet, and
statements of operations and cash flow for such fiscal year. Such year-end
financial reports to be in reasonable detail, prepared in accordance with
generally accepted accounting principles ("GAAP"), and audited by independent
public accountants of nationally recognized standing selected by the Company;

               (b) within forty-five (45) days of the end of each fiscal quarter
of the Company, an unaudited statement of operations and balance sheet for and
as of the end of such quarter, in reasonable detail and prepared in accordance
with GAAP, subject to year end audit adjustments and the absence of footnotes;

                                                                            -13-
<PAGE>

               (c) within thirty (30) days of the end of each calendar month, an
unaudited statement of operations and balance sheet for and as of the end of
such month; in reasonable detail and prepared in accordance with GAAP, subject
to year end audit adjustments and the absence of footnotes;

               (d) as soon as practicable prior to the end of each fiscal year,
and in any event no later than thirty (30) days prior thereto a fiscal year
business plan and operating budget for the Company prepared on a monthly basis,
including balance sheets, income statements and statements of cash flows for
such months and, as soon as prepared, any other budgets or revised budgets
prepared by the Company.

               (e) with respect to the financial statements called for in this
Section 2.2, an instrument executed by the Chief Financial Officer or President
of the Company certifying that such financials were prepared in accordance with
GAAP consistently applied with prior practice for earlier periods (with the
exception of footnotes that may be required by GAAP) and fairly present the
financial condition of the Company and its results of operation for the period
specified, subject to year-end audit adjustment; and

               (f) such other information relating to the financial condition,
business, prospects or corporate affairs of the Company as the Holder or any
assignee of the Holder may from time to time request; provided, however, that
the Company shall not be obligated under this subsection (f) or any other
subsection of Section 2.2 to provide information that it deems in good faith to
be a trade secret or similar confidential information.

          2.3 Termination of Information Rights. The covenants set forth in this
Section 2 shall terminate as to Holders and be of no further force and effect
(i) upon the consummation of the sale of securities pursuant to a registration
statement filed by the Company under the Act in connection with the initial firm
commitment underwritten offering of its securities to the general public or (ii)
as to a particular Holder on the date such Holder no longer holds at least
100,000 shares of Registrable Securities.

     3. Holders' Right of First Refusal.

          3.1 Right of First Refusal Upon Issuances of Securities by the
Company.

               (a) The Company hereby grants, on the terms set forth in this
Section 3.1, to each Holder who holds at least 100,000 shares of Registrable
Securities (a "MAJOR HOLDER"), a right of first refusal with respect to New
Securities (as defined in Section 3.1(b)) which the Company may, from time to
time, propose to sell and issue.

               (b) "NEW SECURITIES" shall mean any capital stock of the Company,
whether now authorized or not, and any rights, options or warrants to purchase
said capital stock, and securities of any type whatsoever that are, or may
become, convertible into said capital stock; provided that "NEW SECURITIES" does
not include (i) the Registrable Securities, (ii) all shares of Common Stock or
other securities issued upon exercise or conversion of warrants, options,
rights, or

                                                                            -14-
<PAGE>

convertible securities, if the issuance of such warrants, options, rights, or
convertible securities was subject to, or exempt from the right of first refusal
contained in this Section 3, (iii) securities issued pursuant to a registration
statement filed under the Act in connection with a firm commitment underwritten
offering, (iv) securities issued in connection with bona fide acquisitions,
consolidations, mergers or similar transactions unanimously approved by the
Board of Directors, (v) all shares of Common Stock or other securities issued or
issuable to officers, directors and employees of, and consultants to, the
Company pursuant to an option plan, purchase plan or other officer, director,
employee or consultant incentive plan or pursuant to stock grants or any other
plan or arrangement unanimously approved by the Board of Directors, (vi) all
shares of Common Stock or other securities issued pursuant to agreements to
license technology or other strategic partnership agreements, as unanimously
approved by the Board of Directors, (vii) all shares of Common Stock or other
securities issued to banks, savings and loan associations, equipment lessors or
other similar lending institutions in connection with such entities providing
working capital, credit facilities or equipment financing to the Company, as
unanimously approved by the Board of Directors, and (viii) all shares of Common
Stock or other securities issued or issuable pursuant to a stock split, stock
dividend, recapitalization or the like.

               (c) In the event the Company proposes to offer any of its New
Securities, the Company shall first make an offering of such New Securities to
each Major Holder in accordance with the following provisions:

               (i) The Company shall deliver a notice by certified mail (the
"NOTICE") to the Major Holder stating (i) its bona fide intention to offer such
New Securities, (ii) the number of such New Securities to be offered, (iii) the
price, if any, for which it proposes to offer such New Securities, and (iv) a
statement as to the number of days from receipt of such Notice within which the
Major Holder must respond to such Notice.

               (ii) Within twenty (20) calendar days after receipt of the
Notice, each Major Holder may elect to purchase or obtain, at the price and on
the terms specified in the Notice, up to that portion of such New Securities
which equals the proportion that the number of shares of Common Stock issued and
held, or issuable upon conversion of the Registrable Securities then held, by
such Major Holder bears to the total number of outstanding shares of Common
Stock on a fully diluted basis (including any shares of Common Stock into which
outstanding shares of Preferred Stock are convertible, any shares of Common
Stock issuable upon exercise of options, warrants or other convertible
securities and any shares reserved for issuance pursuant to a plan approved by
the Board of Directors). The Company shall promptly, in writing, inform each
Major Holder who elects to purchase all the New Securities available to it (the
"FULLY-EXERCISING HOLDER") of any other Major Holder's failure to do likewise.
During the ten-day period commencing after receipt of such information, each
Fully-Exercising Holder shall be entitled to obtain that portion of the New
Securities offered to the Major Holders which was not subscribed for, which is
equal to the proportion that the number of shares of Common Stock issued and
held, or issuable upon conversion of the Registrable Securities then held, by
such Fully-Exercising Holder bears to the total number of shares of Common Stock
issued and outstanding, including shares issuable upon conversion of

                                                                            -15-
<PAGE>

convertible securities issued and outstanding then held, by all Fully-Exercising
Holders who wish to purchase a portion of the unsubscribed shares.

               (d) In the event the Major Holders fail to exercise in full the
right of first refusal within said thirty (30) day period, the Company shall
have ninety (90) days thereafter to sell or enter into an agreement (pursuant to
which the sale of New Securities covered thereby shall be closed, if at all,
within thirty (30) days from the date of said agreement) to sell the New
Securities as to which the Major Holders' rights were not exercised, at a price
and upon general terms no more favorable than those specified in the Notice
delivered to the Major Holders. In the event the Company has not agreed to sell
the New Securities within said ninety (90) day period (or sold and issued New
Securities in accordance with the foregoing within thirty (30) days from the
date of said agreement), the Company shall not thereafter issue or sell any New
Securities without first offering such securities to the Major Holders in the
manner provided above.

               (e) The right of first refusal granted under this Section 3.1
shall expire upon the closing of the Company's first firm commitment
underwritten public offering pursuant to an effective registration statement
filed by the Company under the Act in which the aggregate gross proceeds to the
Company equals or exceeds $20,000,000.00.

        4. Miscellaneous Provisions.

            4.1 Waivers and Amendments. Any term of this Agreement may be
amended and the observance of any term of this Agreement may be waived (either
generally or in a particular instance and either retroactively or
prospectively), only with the written consent of the Company and the holders of
at least a majority of the shares of Registrable Securities then outstanding.
Any amendment or waiver effected in accordance with this Section 4.1 shall be
binding upon each person or entity which are granted certain rights under this
Agreement and the Company. Notwithstanding the foregoing, purchasers of shares
of the Company's (i) Series F Preferred Stock under the Note and Warrant
Purchase Agreement of even date herewith (such shares of Series F Preferred
Stock to be issued upon conversion of the Senior Secured Convertible Promissory
Notes and Warrants issued thereunder - as defined therein), or an addendum
thereto, and (ii) Series E Preferred Stock and Series E-1 Preferred Stock under
the Note and Warrant Purchase Agreement dated February 11, 2002 (such shares of
Preferred Stock to be issued upon conversion of the Senior Secured Convertible
Promissory Notes, Primary Warrants and Secondary Warrants issued thereunder - as
defined therein), or an addendum thereto, shall, upon the respective conversion
or exercise of such Notes, Warrants, Primary Warrants or Secondary Warrants
issued thereunder, be subsequently and automatically added as a party to this
Agreement as a Holder and shall be bound by and entitled to the terms, benefits
and conditions herein.

            4.2 Notices. All notices and other communications required or
permitted hereunder shall be in writing and, except as otherwise noted herein,
shall be deemed effectively given upon personal delivery, delivery by nationally
recognized courier or upon deposit with the United States Post Office, (by first
class mail, postage prepaid) addressed: (a) if to the Company, at the address
set forth on the first page of this Agreement (or at such other address as the
Company shall have

                                                                            -16-
<PAGE>

furnished to the Holders in writing) attention of Chief Executive Officer and
(b) if to a Holder, at the latest address of such person shown on the Company's
records.

            4.3 Descriptive Headings. The descriptive headings herein have been
inserted for convenience only and shall not be deemed to limit or otherwise
affect the construction of any provisions hereof.

            4.4 Governing Law. This Agreement shall be governed by and
interpreted under the laws of the State of California as applied to agreements
among California residents, made and to be performed entirely within the State
of California.

            4.5 Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall for all purposes be deemed to be an original
and all of which shall constitute the same instrument, but only one of which
need be produced.

            4.6 Expenses. If any action at law or in equity is necessary to
enforce or interpret the terms of this Agreement, the prevailing party shall be
entitled to reasonable attorney's fees, costs and necessary disbursements in
addition to any other relief to which such party may be entitled.

            4.7 Successors and Assigns. Except as otherwise expressly provided
in this Agreement, this Agreement shall benefit and bind the successors,
assigns, heirs, executors and administrators of the parties to this Agreement.

            4.8 Entire Agreement. This Agreement constitutes the full and entire
understanding and agreement between the parties with regard to the subject
matter of this Agreement.

            4.9 Separability; Severability. Unless expressly provided in this
Agreement, the rights of each Holder under this Agreement are
several rights, not rights jointly held with any other Holders. Any invalidity,
illegality or limitation on the enforceability of this Agreement with respect to
any Holder shall not affect the validity, legality or enforceability of this
Agreement with respect to the other Holders. If any provision of this Agreement
is judicially determined to be invalid, illegal or unenforceable, the validity,
legality and enforceability of the remaining provisions shall not be affected or
impaired.

            4.10 Stock Splits. All references to numbers of shares in this
Agreement shall be appropriately adjusted to reflect any stock dividend, split,
combination or other recapitalization of shares by the Company occurring after
the date of this Agreement.

            4.11 Aggregation of Stock. All shares of the Registrable Securities
held, acquired by or transferred to affiliated entities or persons shall be
aggregated together for the purpose of determining the availability of any
rights under this Agreement.

            4.12 Prior Investors Rights Agreement. Upon both (i) the execution
of this Agreement by investors holding a majority of the Registrable Securities
outstanding or deemed to be outstanding immediately prior to the First Closing
(as that term is defined in the Note and Warrant

                                                                            -17-
<PAGE>

Purchase Agreement of even date herewith), and (ii) the initial issuance by the
Company of any Notes (as that term is defined in the Note and Warrant Purchase
Agreement of even date herewith), this Agreement shall supersede and replace in
all respects the Fourth Amended and Restated Investors Rights Agreement dated as
of February 11, 2002 (the "PRIOR INVESTORS RIGHTS AGREEMENT").

            4.13 Waiver of Right of First Refusal. All rights under Section 3 of
the Prior Investors Rights Agreement to receive notice of the issuance of the
Notes and Warrants and any other securities issued or issuable under the Note
and Warrant Purchase Agreement of even date herewith, or an addendum thereto,
and to purchase such securities are hereby waived. This waiver shall be binding
and effective on all parties to the Prior Investors Rights Agreement upon the
execution of this Agreement by the holders of the majority of the Registrable
Securities under the Prior Investors Rights Agreement, pursuant to Section 4.1
thereof.

          5. Voting Agreement. Until such time as the earlier of (i) the
Company's first firm commitment underwritten public offering pursuant to an
effective registration statement filed by the Company under the Act in which the
aggregate gross proceeds to the Company equals or exceeds $20,000,000.00, or
(ii) the merger, acquisition or liquidation (other than for purposes of a
reincorporation) of the Company or the sale of all of substantially all of the
Company's assets, at the election of the Company's directors whether by a
meeting or unanimous written consent following the date of this Agreement, Juan
Mini, Scott Kucirek and the Holders agree to consult each other and to vote
their respective shares of the Company's Common Stock and Preferred Stock, to
elect as the directors who are elected by the vote of the Common Stock and
Preferred Stock voting as a single class (if any) -- as provided for in the
Company's Amended and Restated Articles of Incorporation -- nominees who are
mutually agreeable to the holders of a majority of Common Stock and to the
holders of a majority of the Preferred Stock; provided, that Juan Mini, Scott
Kucirek and the Holders agree that one such jointly elected director shall be a
representative designated by Venture Strategy Partners (initially to be Matt
Crisp) for a period of at least six (6) months beginning on the date of the
first closing pursuant to the Note and Warrant Purchase Agreement of even date
herewith.

            [THE REMAINDER OF THIS PAGE IS LEFT BLANK INTENTIONALLY]

                                                                            -18-
<PAGE>

     IN WITNESS WHEREOF, the parties have executed this Fifth Amended and
Restated Investors Rights Agreement on the day and year first set forth above.

                                          "COMPANY"

                                          ZIPREALTY, INC.

                                          By: /s/ Gary M. Beasley
                                              ----------------------------------

                                          Title: CFO
                                                 -------------------------------

                                          "HOLDERS OF MANAGEMENT SHARES"

                                          By: /s/ Scott Kucirek
                                              ----------------------------------
                                              Scott Kucirek

                                          By: /s/ Juan Mini
                                              ----------------------------------
                                               Juan Mini

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       BENCHMARK CAPITAL PARTNERS IV, L.P.
                                       as nominee for
                                          Benchmark Capital Partners IV, L.P.
                                          Benchmark Founders' Fund IV, L.P.
                                          Benchmark Founders' Fund IV-A, L.P.
                                          Benchmark Founders' Fund IV-B, L.P.
                                          and related individuals

                                       By: Benchmark Capital Management Co. IV,
                                           L.L.C. its general partner

                                       By: /s/ [Illegible]
                                           -------------------------------------
                                           Managing Member

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       HOWARD CRISP

                                       Signature: /s/ Howard Crisp
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       MICHAEL A. DeBELL

                                       Signature: /s/ Michael A. DeBell
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       RICHARD D. DUMONT

                                       Signature: /s/ Richard D. Dumont
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       DAVID J. GARDNER

                                       Signature: /s/ David J. Gardner
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       IVERSON FINANCIAL CORP.

                                       By: /s/ Juan Elvio Mini
                                           -------------------------------------

                                       Name: Juan Elvio Mini
                                             -----------------------------------

                                       Title: President
                                              ----------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       PHILIP A. LAMOREAUX

                                       Signature: /s/ Philip A. Lamoreaux
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       PYRAMID TECHNOLOGY VENTURES I, L.P.

                                       By: /s/ [Illegible]
                                           -------------------------------------

                                       Name: Taurus Partners LLC
                                             -----------------------------------

                                       Title: General Partner
                                              ----------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       THE RAHN GROUP, LLC

                                       By: /s/ Noel P. Rahn
                                           -------------------------------------

                                       Name: Noel P. Rahn
                                             -----------------------------------

                                       Title: Partner in Charge
                                              ----------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       DAVID A. RECTOR

                                       Signature: /s/ David A. Rector
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       JAMES N. SCHMIDT

                                       Signature: /s/ James N. Schmidt
                                                  ------------------------------

<PAGE>
                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       DAVID A. SHERF

                                       Signature: /s/ David A. Scherf
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       BILL SINCLAIR

                                       Signature: /s/ Bill Sinclair
                                                  ------------------------------

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       VANGUARD VI, L.P.
                                       By: Its General Partner
                                           Vanguard VI Venture Partners, L.L.C.

                                       By: /s/ Donald F. Wood
                                           -------------------------------------
                                           Donald F. Wood, Managing Member

                                       VANGUARD VI AFFILIATES FUND, L.P.
                                       By: Its General Partner
                                           Vanguard VI Venture Partners, L.L.C.

                                       By: /s/ Donald F. Wood
                                           -------------------------------------
                                           Donald F. Wood, Managing Member

                                       VANGUARD VI ANNEX FUND, L.P.
                                       By: Its General Partner
                                           Vanguard VI Venture Partners, L.L.C.

                                       By: /s/ Donald F. Wood
                                           -------------------------------------
                                           Donald F. Wood, Managing Member

<PAGE>

                                       "HOLDER" AND "HOLDER OF WARRANT SHARES"

                                       VENTURE STRATEGY PARTNERS II LP

                                       By: /s/ Joanna Rees Gallanter
                                           -------------------------------------

                                       Name: Joanna Rees Gallanter
                                             -----------------------------------

                                       Title: Managing Member
                                              ----------------------------------

                                       VENTURE STRATEGY AFFILIATES FUND LP

                                       By: /s/ Joanna Rees Gallanter
                                           -------------------------------------

                                       Name: Joanna Rees Gallanter
                                             -----------------------------------

                                       Title: Managing Member
                                              ----------------------------------<PAGE>

                                                                    EXHIBIT 10.6

                             WATERGATE OFFICE TOWERS
                                    TOWER III
                             EMERYVILLE, CALIFORNIA

                             OFFICE LEASE AGREEMENT

                                     BETWEEN

    EOP-EMERYVILLE PROPERTIES, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY
                                  ("LANDLORD")

                                       AND

                    ZIPREALTY, INC., A CALIFORNIA CORPORATION
                                   ("TENANT")

<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<S>                                                                           <C>
I.      Basic Lease Information...........................................     1
II.     Lease Grant.......................................................     3
III.        Adjustment of Commencement Date; Possession...................     3
IV.         Rent..........................................................     5
V.      Compliance with Laws; Use.........................................    10
VI.         Security Deposit..............................................    11
VII.        Services to be Furnished by Landlord..........................    11
VIII.       Leasehold Improvements........................................    12
IX.         Repairs and Alterations.......................................    13
X.      Use of Electrical Services by Tenant..............................    14
XI.         Entry by Landlord.............................................    15
XII.        Assignment and Subletting.....................................    15
XIII.       Liens.........................................................    17
XIV.        Indemnity and Waiver of Claims................................    18
XV.         Insurance.....................................................    18
XVI.        Subrogation...................................................    19
XVII.          Casualty Damage............................................    19
XVIII.         Condemnation...............................................    20
XIX.        Events of Default.............................................    21
XX.         Remedies......................................................    21
XXI.        Limitation of Liability.......................................    23
XXII.          No Waiver..................................................    23
XXIII.      Quiet Enjoyment...............................................    23
XXIV.       Relocation....................................................    23
XXV.           Holding Over...............................................    23
XXVI.          Subordination to Mortgages; Estoppel Certificate...........    24
XXVII.         Attorneys' Fees............................................    24
XXVIII.     Notice........................................................    25
XXIX.   Excepted Rights...................................................    25
XXX.    Surrender of Premises.............................................    25
XXXI.   Miscellaneous.....................................................    25
XXXII.  Entire Agreement..................................................    27
</TABLE>

                                       i
<PAGE>

                             OFFICE LEASE AGREEMENT

      THIS OFFICE LEASE AGREEMENT (the "Lease") is made and entered into as of
the 28th day of November, 2001, by and between EOP-EMERYVILLE PROPERTIES,
L.L.C., A DELAWARE LIMITED LIABILITY COMPANY ("Landlord") and ZIPREALTY, INC., A
CALIFORNIA CORPORATION ("Tenant").

I.    BASIC LEASE INFORMATION.

      A.    "Building" shall mean the building located at 2000 Powell Street,
            Emeryville, California.

      B.    "Rentable Square Footage of the Building" is deemed to be 367,793
            square feet.

      C.    "Premises" shall mean the area shown on EXHIBIT A to this Lease. The
            Premises are located on the fifteenth (15th) floor of the Building
            and known as suite number 1555. The "Rentable Square Footage of the
            Premises" is deemed to be 15,825 square feet. If the Premises
            include one or more floors in their entirety, all corridors and
            restroom facilities located on such full floor(s) shall be
            considered part of the Premises. Landlord and Tenant stipulate and
            agree that the Rentable Square Footage of the Building and the
            Rentable Square Footage of the Premises are correct and shall not be
            remeasured.

      D.    "Base Rent":

<TABLE>
<CAPTION>
                               Annual Rate        Annual        Monthly
           Period             Re Square Foot     Base Rent     Base Rent
-------------------------------------------------------------------------
<S>                           <C>              <C>            <C>
     Commencement Date          $   20.04      $ 317,133.00   $ 26,427.75
         -4/30/2003
    5/01/2003-4/30/2004         $   34.20      $ 541,215.00   $ 45,101.25
    5/01/2004-4/30/2005         $   35.28      $ 558,306.00   $ 46,525.50
    5/01/2005-4/30/2006         $   36.24      $ 573,498.00   $ 47,791.50
5/01/2006 -Termination Date     $   37.32      $ 590,589.00   $ 49,215.75
</TABLE>

      E.    "Tenant's Pro Rata Share": 4.3027%.

      F.    "Base Year" for Taxes: 2002; "Base Year" for Expenses: 2002.

      G.    "Term": A period of sixty (60) months and (21) twenty-one days. The
            Term shall commence on January 11, 2002 (the "Commencement Date")
            and, unless terminated early or extended in accordance with this
            Lease, end on January 31, 2007 (the "Termination Date"). However, if
            Landlord is required to Substantially Complete (defined in Section
            III.A) any Landlord Work (defined in Section I.O.) prior to the
            Commencement Date under the terms of a Work Letter (defined in
            Section I.O): (1) the date set forth in the prior sentence as the
            "Commencement Date" shall instead be defined as the "Target
            Commencement Date" by which date Landlord will use commercially
            reasonable efforts to Substantially Complete the Landlord Work; and
            (2) the actual "Commencement Date" shall be the date on which the
            Landlord Work is Substantially Complete, as determined by Section
            III.A. In such circumstances, the Termination Date will instead be
            the last day of the Term as determined based upon the actual
            Commencement Date. Landlord's failure to Substantially Complete the
            Landlord Work by the Target Commencement Date shall not be a default
            by Landlord or otherwise render Landlord liable for damages in
            connection therewith. Promptly after the determination of the
            Commencement Date, Landlord and Tenant shall enter into a
            commencement letter agreement in the form attached as EXHIBIT C.

      H.    Tenant Allowance: As described with particularity in the Work Letter
            attached hereto as EXHIBIT D.

      I.    "Security Deposit": The sum of $180,000.00, which may be in the form
            of a letter of credit, as more fully described in Article VI.

      J.    "Guarantor(s)": None as of the date of this Lease.

                                       1

<PAGE>

      K.    "Broker": Cornish & Carey Commercial.

      L.    "Permitted Use": General office and administrative.

      M.    "Notice Addresses":

            Tenant:

            On and after the Commencement Date, notices shall be sent to Tenant
            at the Premises. Prior to the Commencement Date, notices shall be
            sent to Tenant at the following address:

            zipRealty.com
            1401 Marina Way South
            Richmond, California 94804
            Phone #: (510) 965-2800
            Fax #: (510) 237-2645
            Attn: Mr. Kurt Waag

            Prior to, on or after the Commencement Date, a copy of any notice of
            Tenant default shall be sent to:

            Miller, Starr & Regalia
            1331 North California Boulevard, 5th Floor
            Walnut Creek, California 94596
            Phone #: (925) 935-9400
            Fax#: (925) 933-4126
            Attn: Michael E. DiGeronimo, Esq.

            If any additional person listed above fails to receive the copy of
            the notice of Tenant default, the validity of the notice served on
            Tenant shall not be affected thereby.

            Landlord:                             With a copy to:

            EOP-EMERYVILLE PROPERTIES,            Equity Office Properties Trust
            L.L.C.                                Two North Riverside Plaza
            c/o Equity Office Properties Trust    Suite 2100
            2200 Powell Street                    Chicago, Illinois 60606
            Suite 200                             Attention: Regional Counsel -
            Emeryville, California 94608          San Francisco Region
            Attention: Building Manager

            Rent (defined in Section IV.A) is payable to the order of EQUITY
            OFFICE PROPERTIES at the following address: EOP-Emeryville
            Properties, L.L.C., P.O. Box 45587, Dept. 11473, San Francisco,
            California 94145-0587.

      N.    "Business Day(s)" are Monday through Friday of each week, exclusive
            of New Year's Day, Memorial Day, Independence Day, Labor Day,
            Thanksgiving Day and Christmas Day ("Holidays"). Landlord may
            designate additional Holidays, provided that the additional Holidays
            are commonly recognized by other office buildings in the area where
            the Building is located.

      O.    "Landlord Work" means the work, if any, that Landlord is obligated
            to perform in the Premises pursuant to a separate work letter
            agreement (the "Work Letter"), if any, attached as EXHIBIT D. If a
            Work Letter is not attached to this Lease or if an attached Work
            Letter does not require Landlord to perform any work, the occurrence
            of the Commencement Date shall not be conditioned upon the
            performance of work by Landlord and, accordingly, Section III.A.
            shall not be applicable to the determination of the Commencement
            Date.

      P.    "Law(s)" means all applicable statutes, codes, ordinances, orders,
            rules and regulations of any municipal or governmental entity,
            including federal, state or local.

      Q.    "Normal Business Hours" for the Building are 8 A.M. to 6 P.M. on
            Business Days.

                                       2

<PAGE>

      R.    "Property" means the Building and the parcel(s) of land on which it
            is located and, at Landlord's discretion, the Building garage and
            other improvements serving the Building, if any, and the parcel(s)
            of land on which they are located.

II.   LEASE GRANT.

      Landlord leases the Premises to Tenant for the Term and on the terms and
conditions of this Lease, and Tenant leases the Premises from Landlord for the
Term and on the terms and conditions of this Lease, together with the right in
common with others to use any portions of the Property that are designated by
Landlord for the common use of tenants and others, such as sidewalks, unreserved
parking areas, common corridors, elevator foyers, restrooms, vending areas and
lobby areas (the "Common Areas").

III.  ADJUSTMENT OF COMMENCEMENT DATE; POSSESSION.

      A.    The Landlord Work shall be deemed to be "Substantially Complete" on
            the later of (i) the date that all Landlord Work has been performed
            substantially in accordance with the Work Letter, other than any
            details of construction, mechanical adjustment or any other similar
            matter, the noncompletion of which does not materially interfere
            with Tenant's use of the Premises; and (ii) the date Landlord
            receives from the appropriate governmental authorities, with respect
            to the Landlord Work performed by Landlord or its contractors in the
            Premises, all approvals necessary for the occupancy of the Premises.
            However, if Landlord is delayed in the performance of the Landlord
            Work as a result of any Tenant Delay(s) (defined below), the
            Landlord Work shall be deemed to be Substantially Complete on the
            date that Landlord could reasonably have been expected to
            Substantially Complete the Landlord Work absent any Tenant Delay.
            "Tenant Delay" means any act or omission of Tenant or its agents,
            employees, vendors or contractors that actually delays the
            Substantial Completion of the Landlord Work, including, without
            limitation: (1) Tenant's failure to furnish information or approvals
            within any time period specified in this Lease, including the
            failure to prepare or approve preliminary or final plans by any
            applicable due date; (2) Tenant's selection of equipment or
            materials that have long lead times after first being informed by
            Landlord that the selection may result in a delay; (3) changes
            requested or made by Tenant to previously approved plans and
            specifications; (4) performance of work in the Premises by Tenant or
            Tenant's contractor(s) during the performance of the Landlord Work;
            or (5) if the performance of any portion of the Landlord Work
            depends on the prior or simultaneous performance of work by Tenant,
            a delay by Tenant or Tenant's contractor(s) in the completion of
            such work. Landlord shall use reasonable efforts to notify Tenant,
            orally or in writing, of any circumstances of which Landlord is
            aware that have caused or may cause a Tenant Delay, so that Tenant
            may take whatever action is appropriate to minimize or prevent such
            Tenant Delay. Notwithstanding the foregoing, if Landlord fails to
            notify Tenant of any Tenant Delay addressed in Subsections III.A.3.,
            III.A.4. or III.A.5. within 2 days after the date Landlord knew of
            such Tenant Delay, Tenant shall not be responsible for any such
            Tenant Delay with respect to the period of time commencing 3 days
            after the date when Landlord knew that such Tenant Delay existed and
            ending on the date that Landlord notified Tenant of such Tenant
            Delay.

      B.    Subject to Landlord's obligation, if any, to perform Landlord Work
            and Landlord's obligations under Section IX.B., the Premises are
            accepted by Tenant in "as is" condition and configuration. By taking
            possession of the Premises, Tenant agrees that the Premises are in
            good order and satisfactory condition, and that there are no
            representations or warranties by Landlord regarding the condition of
            the Premises or the Building other than as expressly stated in this
            Lease. Notwithstanding anything contained herein to the contrary,
            Tenant shall have 11 months from the completion of Landlord Work in
            which to discover and notify Landlord of any latent defects in
            Landlord's Work. Landlord shall be responsible for the correction of
            any latent defects with respect to which it received timely notice
            from Tenant. Tenant's acceptance of the Premises shall be subject to
            Landlord's obligation to correct portions of the Landlord Work as
            set forth on a construction punch list prepared by Landlord and
            Tenant in accordance with the terms hereof. Within 15 days after
            Substantial Completion of the Landlord Work, Landlord and Tenant
            shall together conduct an inspection of the Premises and prepare a
            "punch list" setting forth any portions of the Landlord Work that
            are not

                                       3

<PAGE>

            in conformity with the Landlord Work as required by the terms of
            this Lease. Notwithstanding the foregoing, at the request of
            Landlord, such construction punch list shall be mutually prepared by
            Landlord and Tenant prior to the date on which Tenant first begins
            to move its furniture, equipment or other personal property into the
            Premises. Landlord, as part of the Landlord Work, shall use good
            faith efforts to correct all such items within a commercially
            reasonable time period following the completion of the preparation
            of the punch list. If Landlord is delayed delivering possession of
            the Premises or any other space due to the holdover or unlawful
            possession of such space by any party, Landlord shall use reasonable
            efforts to obtain possession of the space. If Landlord is not
            required to Substantially Complete Landlord Work before the
            Commencement Date, the Commencement Date shall be postponed until
            the date Landlord delivers possession of the Premises to Tenant free
            from occupancy by any party, and the Termination Date, at the option
            of Landlord, may be postponed by an equal number of days. If
            Landlord is required to Substantially Complete Landlord Work before
            the Commencement Date, the Commencement Date and Termination Date
            shall be determined by Section I.G.

            If has Landlord not delivered possession of the Premises to Tenant
            on or before January 16, 2002 (the "Outside Delivery Date"), and if
            such failure is not deemed and event of "Force Majeure" as that term
            is defined in Section 9 of that certain Asset Purchase and Sale
            Agreement by and between Tenant and the City of Richmond, a
            municipal corporation, dated on or about November 21, 2001, which
            agreement respects Tenant's sale of personal assets to the City of
            Richmond (the "Asset Purchase Agreement"), and Tenant is required to
            and does provide to the City of Richmond liquidated damages as
            described in Section 17 of the Asset Purchase Agreement, Tenant
            shall be entitled to a rent abatement following the Commencement
            Date of $750.00 for every day in the period beginning the day
            following the Outside Delivery Date and ending on the Commencement
            Date, up to an amount equal to the lesser of the following (the
            "Penalty"): (x) the damages actually suffered by Tenant pursuant to
            Section 9(c) of the Asset Purchase Agreement, and (y) $10,000.00.
            Such Penalty shall be evidenced by written documentation reasonably
            satisfactory to Landlord and delivered to Landlord on or before ten
            (10) days following the Commencement Date. In the event that Tenant
            fails provide such written evidence to Landlord as described in the
            foregoing sentence, Tenant shall be deemed to have waived its right
            to the Penalty and Landlord shall have no obligation to Tenant with
            respect to the same. Landlord and Tenant acknowledge and agree that:
            (i) Landlord's ability to deliver possession of the Premises to
            Tenant shall take into consideration the effect of any Tenant Delays
            (and to the extent any Tenant Delays have caused a delay in delivery
            of possession of the Premises to Tenant beyond the Outside Delivery
            Date, the date of Landlord's delivery of possession of the Premises
            shall be deemed to be the date such delivery would have occurred but
            for any such Tenant Delay); and (ii) the Outside Delivery Date shall
            be postponed by the number of days Landlord's delivery of possession
            of the Premises is delayed due to events of Force Majeure. Tenant
            shall not be entitled to receive any portion of the Penalty in the
            event that Tenant terminates this Lease as provided below. Tenant
            hereby represents and warrants that the Asset Purchase Agreement is
            fully executed by Tenant and the City of Richmond in the form
            attached hereto as EXHIBIT H.

            Notwithstanding the foregoing, if the Commencement Date has not
            occurred on or before the Required Completion Date (defined below),
            Tenant, as its sole remedy, may terminate this Lease by giving
            Landlord written notice of termination on or before the earlier to
            occur of: (i) 5 Business Days after the Required Completion Date;
            and (ii) the Commencement Date. In such event, this Lease shall be
            deemed null and void and of no further force and effect and Landlord
            shall promptly refund any prepaid rent and Security Deposit
            previously advanced by Tenant under this Lease and, so long as
            Tenant has not previously defaulted under any of its obligations
            under the Work Letter, the parties hereto shall have no further
            responsibilities or obligations to each other with respect to this
            Lease. The "Required Completion Date" shall mean February 28, 2002.
            Landlord and Tenant acknowledge and agree that: (i) the
            determination of the Commencement Date shall take into consideration
            the effect of any Tenant Delays; and (ii) the Required Completion
            Date shall be postponed by the number of days the Commencement Date
            is delayed due to events of Force Majeure. Notwithstanding anything
            herein to the contrary, if Landlord determines in good

                                       4

<PAGE>

            faith that it will be unable to cause the Commencement Date to occur
            by the Required Completion Date, Landlord shall have the right to
            immediately cease its performance of the Landlord Work and provide
            Tenant with written notice (the "Completion Date Extension Notice")
            of such inability, which Completion Date Extension Notice shall set
            forth the date on which Landlord reasonably believes that the
            Commencement Date will occur. Upon receipt of the Completion Date
            Extension Notice, Tenant shall have the right to terminate this
            Lease by providing written notice of termination to Landlord within
            2 Business Days after the date of the Completion Date Extension
            Notice. If Tenant does not terminate this Lease within such 2
            Business Day period, the Required Completion Date automatically
            shall be amended to be the date set forth in Landlord's Completion
            Date Extension Notice and Landlord shall promptly recommence
            performance of the Landlord Work.

      C.    If Tenant takes possession of the Premises before the Commencement
            Date, such possession shall be subject to the terms and conditions
            of this Lease and Tenant shall pay Rent (defined in Section IV.A.)
            to Landlord for each day of possession before the Commencement Date.
            However, except for the cost of services requested by Tenant (e.g.
            freight elevator usage), Tenant shall not be required to pay Rent
            for any days of possession before the Commencement Date during which
            Tenant, with the approval of Landlord, is in possession of the
            Premises for the sole purpose of performing improvements or
            installing furniture, equipment or other personal property.

IV.   RENT.

      A.    Payments. As consideration for this Lease, Tenant shall pay
            Landlord, without any setoff or deduction (subject to the Penalty
            described in Section III.B above), the total amount of Base Rent and
            Additional Rent when due under the terms of this Lease. "Additional
            Rent" means all sums (exclusive of Base Rent) that Tenant is
            required to pay Landlord under the terms of this Lease. Additional
            Rent and Base Rent are sometimes collectively referred to as "Rent".
            Tenant shall pay and be liable for all rental, sales and use taxes
            (but excluding income taxes), if any, imposed upon or measured by
            Rent under applicable Law. Notwithstanding anything herein to the
            contrary, the taxes described in the immediately preceding sentence
            shall not be included in the "Taxes" defined in IV.D. below. Base
            Rent and recurring monthly charges of Additional Rent shall be due
            and payable in advance on the first day of each calendar month
            during the Term without notice or demand, provided that the
            installment of Base Rent for the first full calendar month of the
            Term shall be payable upon the execution of this Lease by Tenant.
            All other items of Rent shall be due and payable by Tenant on or
            before 30 days after delivery of billing by Landlord. All payments
            of Rent shall be by good and sufficient check or by other means
            (such as automatic debit or electronic transfer) acceptable to
            Landlord. If Tenant fails to pay any item or installment of Rent
            when due, Tenant shall pay Landlord an administration fee equal to
            5% of the past due Rent, provided that Tenant shall be entitled to a
            grace period of 5 days for the first 2 late payments of Rent in a
            given calendar year. If the Term commences on a day other than the
            first day of a calendar month or terminates on a day other than the
            last day of a calendar month, the monthly Base Rent and Tenant's Pro
            Rata Share of any Tax Excess (defined in Section IV.B.) or Expense
            Excess (defined in Section IV.B.) for the month shall be prorated
            based on the number of days in such calendar month. Landlord's
            acceptance of less than the correct amount of Rent shall be
            considered a payment on account of the earliest Rent due. No
            endorsement or statement on a check or letter accompanying a check
            or payment shall be considered an accord and satisfaction, and
            either party may accept the check or payment without prejudice to
            that party's right to recover the balance or pursue other available
            remedies. Tenant's covenant to pay Rent is independent of every
            other covenant in this Lease. Tenant is entitled to certain Rent
            abatement opportunities as expressly provided in, and upon, the
            terms and conditions of this Lease.

      B.    Expense Excess and Tax Excess, Tenant shall pay Tenant's Pro Rata
            Share of the amount, if any, by which Expenses (defined in Section
            IV.C.) for each calendar year during the Term after the Base Year
            exceed Expenses for the Base Year (the "Expense Excess") and also
            the amount, if any, by which Taxes (defined in Section IV.D.) for
            each calendar year during the Term after the Base

                                       5

<PAGE>

            Year exceed Taxes for the Base Year (the "Tax Excess"). If Expenses
            and/or Taxes in any calendar year after the Base Year decrease below
            the amount of Expenses and/or Taxes for the Base Year, Tenant's Pro
            Rata Share of Expenses and/or Taxes, as the case may be, for that
            calendar year shall be $0. Landlord shall provide Tenant with a good
            faith written estimate of the Expense Excess and of the Tax Excess
            for each calendar year during the Term. Notwithstanding anything in
            this Lease to the contrary, in no event shall the component of
            Expenses for any Lease year consisting of electrical costs be less
            than the component of Base Year Expenses consisting of electrical
            costs. On or before January 1, 2003, and on or before the first day
            of each calendar month thereafter during the Term, Tenant shall pay
            to Landlord a monthly installment equal to one-twelfth of Tenant's
            Pro Rata Share of Landlord's written estimate of the Expense Excess
            and one-twelfth of Tenant's Pro Rata Share of Landlord's written
            estimate of the Tax Excess. If Landlord determines that its good
            faith written estimate of the Expense Excess or of the Tax Excess
            was incorrect by a material amount, Landlord may provide Tenant with
            a revised written estimate. After its receipt of the revised written
            estimate, Tenant's monthly payments shall be based upon the revised
            written estimate. If Landlord does not provide Tenant with a written
            estimate of the Expense Excess or of the Tax Excess by January 1 of
            a calendar year, Tenant shall continue to pay monthly installments
            based on the previous year's estimate(s) until Landlord provides
            Tenant with the new written estimate. Upon delivery of the new
            estimate, an adjustment shall be made for any month for which Tenant
            paid monthly installments based on the previous year's written
            estimate(s). Tenant shall pay Landlord the amount of any
            underpayment within 30 days after receipt of the new written
            estimate. Any overpayment shall be refunded to Tenant within 30 days
            or credited against the next due future installment(s) of Additional
            Rent.

            As soon as is practical following the end of each calendar year,
            Landlord shall furnish Tenant with a statement of the actual
            Expenses and Expense Excess and the actual Taxes and Tax Excess for
            the prior calendar year. Landlord shall use reasonable efforts to
            furnish the statement of actual Expenses on or before June 1 of the
            calendar year immediately following the calendar year to which the
            statement applies. Such statement shall contain reasonable detail.
            If the estimated Expense Excess and/or estimated Tax Excess for the
            prior calendar year is more than the actual Expense Excess and/or
            actual Tax Excess, as the case may be, for the prior calendar year,
            Landlord shall apply any overpayment by Tenant against Additional
            Rent due or next becoming due, provided if the Term of this Lease
            expires or sooner terminates before the determination of the
            overpayment, Landlord shall refund any overpayment to Tenant after
            first deducting the amount of Rent due. If the estimated Expense
            Excess and/or estimated Tax Excess for the prior calendar year is
            less than the actual Expense Excess and/or actual Tax Excess, as the
            case may be, for such prior year, Tenant shall pay Landlord, within
            30 days after its receipt of the statement of Expenses and/or Taxes,
            any underpayment for the prior calendar year.

      C.    Expenses Defined. "Expenses" means all costs and expenses incurred
            in each calendar year in connection with operating, maintaining,
            repairing, and managing the Building and the Property, including,
            but not limited to:

            1.    Labor costs, including, wages, salaries, social security and
                  employment taxes, medical and other types of insurance,
                  uniforms, training, and retirement and pension plans for
                  personnel at or below the level of general manager; provided
                  that if any employee performs services in connection with the
                  Building and other buildings, costs associated with such
                  employee may be proportionately included in Expenses based on
                  the percentage of time such employee spends in connection with
                  the operation, maintenance and management of the Building.

            2.    Management fees, the cost of equipping and maintaining a
                  management office, accounting and bookkeeping services, legal
                  fees not attributable to leasing or collection activity, and
                  other administrative costs. Landlord, by itself or through an
                  affiliate, shall have the right to directly perform or provide
                  any services under this Lease (including management services).
                  However, in no event shall the management fees for the
                  Building (expressed as a percentage of gross receipts for the
                  Building) exceed the prevailing market management fees
                  (expressed as a percentage of gross

                                       6

<PAGE>

                  receipts), plus 2% of such fees, for comparable third party
                  management companies offering comparable management services
                  in office buildings similar to the Building in class, size,
                  age and location.

            3.    The cost of services provided to the Building and/or Property,
                  including amounts paid by Landlord to service providers and
                  Landlord's rental and purchase cost of parts, supplies, tools
                  and equipment.

            4.    Premiums and deductibles paid by Landlord for insurance,
                  including workers compensation, fire and extended coverage,
                  earthquake, general liability, rental loss, elevator, boiler
                  and other insurance customarily carried from time to time by
                  owners of comparable office buildings.

            5.    Electrical Costs (defined below) and charges for water, gas,
                  steam and sewer, but excluding those charges for which
                  Landlord is reimbursed by tenants or utility providers.
                  "Electrical Costs" means: (a) charges paid by Landlord for
                  electricity; (b) costs incurred in connection with an energy
                  management program for the Property; and (c) if and to the
                  extent permitted by Law, and if savings in electricity costs
                  are obtained, a fee for the services provided by Landlord in
                  connection with the selection of utility companies and the
                  negotiation and administration of contracts for electricity,
                  provided that such fee shall not exceed 50% of any savings
                  obtained by Landlord. Electrical Costs shall be adjusted as
                  follows; (i) amounts received by Landlord as reimbursement for
                  above standard electrical consumption shall be deducted from
                  Electrical Costs; (ii) the cost of electricity incurred to
                  provide overtime HVAC to specific tenants (as reasonably
                  estimated by Landlord) shall be deducted from Electrical
                  Costs; and (iii) if Tenant is billed directly for the cost of
                  Building standard electricity to the Premises as a separate
                  charge in addition to Base Rent, the cost of electricity to
                  individual tenant spaces in the Building shall be deducted
                  from Electrical Costs. Notwithstanding anything in this Lease
                  to the contrary, for purposes of determining Expenses for any
                  calendar year subsequent to the Base Year, Electrical Costs
                  shall be deemed to be the greater of Electrical Costs incurred
                  during the Base Year and Electrical Costs for the applicable
                  calendar year.

            6.    The amortized cost of capital improvements (as distinguished
                  from replacement parts or components installed in the ordinary
                  course of business) made to the Property which are: (a)
                  performed primarily to reduce operating expense costs or
                  otherwise improve the operating efficiency of the Property,
                  provided that Landlord, based on expert third party advice,
                  reasonably believes that such improvements will reduce
                  operating expense costs or improve the operating efficiency of
                  the Building; or (b) required to comply with any Laws that are
                  enacted, or first interpreted to apply to the Property, after
                  the date of this Lease. The cost of capital improvements shall
                  be amortized by Landlord over the lesser of the Payback Period
                  (defined below) or 5 years. The amortized cost of capital
                  improvements may, at Landlord's option, include actual or
                  imputed interest at the rate that Landlord would reasonably be
                  required to pay to finance the cost of the capital
                  improvement. "Payback Period" means the reasonably estimated
                  period of time that it takes for the cost savings resulting
                  from a capital improvement to equal the total cost of the
                  capital improvement.

            If Landlord incurs Expenses for the Property together with one or
            more other buildings or properties, whether pursuant to a reciprocal
            easement agreement, common area agreement or otherwise, the shared
            costs and expenses shall be equitably prorated and apportioned
            between the Property and the other buildings or properties. Expenses
            shall not include: the cost of capital improvements (except as set
            forth above); depreciation; interest (except as provided above for
            the amortization of capital improvements); amortization (except as
            set forth above); principal payments of mortgage and other
            non-operating debts of Landlord; the cost of repairs or other work
            to the extent Landlord is reimbursed by insurance (or would have
            been reimbursed by insurance had Landlord carried the insurance
            required to be carried by Landlord under this Lease) or condemnation
            proceeds; costs in connection with leasing space in the Building,
            including brokerage commissions, brochures and marketing supplies,
            legal fees

                                       7

<PAGE>

            in negotiating and preparing lease documents, and construction,
            improvement and decorating costs in preparing space for initial
            occupancy by a specific tenant; lease concessions, including rental
            abatements and construction allowances, granted to specific tenants;
            costs incurred in connection with the sale, financing or refinancing
            of the Building, including brokerage commissions, attorneys' and
            accountants' fees, closing costs, title insurance premiums, transfer
            taxes and interest charges; fines, interest and penalties incurred
            due to the late payment of Taxes (defined in Section IV.D), or
            Expenses or any other sums required to be paid by Landlord;
            organizational expenses associated with the creation and operation
            of the entity which constitutes Landlord; or any penalties or
            damages that Landlord pays to Tenant under this Lease or to other
            tenants in the Building under their respective leases. The following
            items are also excluded from Expenses:

            (a)   Sums (other than management fees, it being agreed that the
                  management fees included in Expenses are as described in
                  Section IV.C.2 above) paid to subsidiaries or other affiliates
                  of Landlord for services on or to the Property, Building
                  and/or Premises, but only to the extent that the costs of such
                  services exceed the competitive cost for such services
                  rendered by persons or entities of similar skill, competence
                  and experience.

            (b)   Any fines, costs, penalties or interest resulting from the
                  negligence or willful misconduct of the Landlord or its
                  agents, contractors, or employees.

            (c)   Advertising and promotional expenditures.

            (d)   Landlord's charitable and political contributions.

            (e)   Ground lease rental.

            (f)   Attorney's fees and other expenses incurred in connection with
                  negotiations or disputes with prospective tenants or tenants
                  or other occupants of the Building.

            (g)   The cost or expense of any services or benefits provided
                  generally to other tenants in the Building and not provided or
                  available to Tenant.

            (h)   All costs of purchasing or leasing major sculptures, paintings
                  or other major works or objects of art (as opposed to
                  decorations purchased or leased by Landlord for display in the
                  Common Areas of the Building).

            (i)   Any expenses for which Landlord has received actual
                  reimbursement (other than through Expenses).

            (j)   Costs incurred by Landlord in connection with the correction
                  of defects in design and original construction of the Building
                  or Property.

            (k)   Expenses for the replacement of any item covered under
                  warranty, unless Landlord has not received payment under such
                  warranty and it would not be fiscally prudent to pursue legal
                  action to collect on such warranty.

            (l)   Fines or penalties incurred as a result of violation by
                  Landlord of any applicable Laws.

            (m)   Any cost or expense related to removal, cleaning, abatement or
                  remediation of hazardous substances, including, without
                  limitation Hazardous Materials (as defined in Rule 12 of the
                  rules and regulations of the Building attached as EXHIBIT B)
                  in or about the Building, Common Area or Property, including,
                  without limitation, hazardous substances in the ground water
                  or soil, except to the extent caused by the release or
                  emission of hazardous materials

                                       8

<PAGE>

                  by Tenant or except to the extent such removal, cleaning,
                  abatement or remediation is related to the general repair and
                  maintenance of the Building, Common Area or Property; provided
                  that with respect to the foregoing, Tenant's Pro Rata Share of
                  any such item included in Expenses and charged to Tenant shall
                  in no event exceed $10,000.00 in any calendar year.

            (n)   The Maximum Amount contributed in connection with the
                  performance of Landlord's Work described in Section 1 of the
                  Work Letter attached hereto as EXHIBIT D.

            If the Building is not at least 95% occupied during any calendar
            year or if Landlord is not supplying services to at least 95% of the
            total Rentable Square Footage of the Building at any time during a
            calendar year, Expenses shall, at Landlord's option, be determined
            as if the Building had been 95% occupied and Landlord had been
            supplying services to 95% of the Rentable Square Footage of the
            Building during that calendar year. If Tenant pays for its Pro Rata
            Share of Expenses based on increases over a "Base Year" and Expenses
            for a calendar year are determined as provided in the prior
            sentence, Expenses for the Base Year shall also be determined as if
            the Building had been 95% occupied and Landlord had been supplying
            services to 95% of the Rentable Square Footage of the Building. The
            extrapolation of Expenses under this Section shall be performed by
            appropriately adjusting the cost of those components of Expenses
            that are impacted by changes in the occupancy of the Building.

      D.    Taxes Defined. "Taxes" shall mean: (1) all real estate taxes and
            other assessments on the Building and/or Property, including, but
            not limited to, assessments for special improvement districts and
            building improvement districts, taxes and assessments levied in
            substitution or supplementation in whole or in part of any such
            taxes and assessments and the Property's share of any real estate
            taxes and assessments under any reciprocal easement agreement,
            common area agreement or similar agreement as to the Property; (2)
            all personal property taxes for property that is owned by Landlord
            and used in connection with the operation, maintenance and repair of
            the Property; and (3) all commercially reasonable costs and fees
            incurred in connection with seeking reductions in any tax
            liabilities described in (1) and (2), including, without limitation,
            any such costs incurred by Landlord for compliance, review and
            appeal of tax liabilities. Without limitation, Taxes shall not
            include any income, capital levy, franchise, capital stock, gift,
            estate or inheritance tax. If an assessment is payable in
            installments, Taxes for the year shall include the amount of the
            installment and any interest due and payable during that year. For
            all other real estate taxes, Taxes for that year shall, at
            Landlord's election, include either the amount accrued, assessed or
            otherwise imposed for the year or the amount due and payable for
            that year, provided that Landlord's election shall be applied
            consistently throughout the Term. If a change in Taxes is obtained
            for any year of the Term during which Tenant paid Tenant's Pro Rata
            Share of any Tax Excess, then Taxes for that year will be
            retroactively adjusted and Landlord shall provide Tenant with a
            credit, if any, based on the adjustment. Likewise, if a change is
            obtained for Taxes for the Base Year, Taxes for the Base Year shall
            be restated and the Tax Excess for all subsequent years shall be
            recomputed. Tenant shall pay Landlord the amount of Tenant's Pro
            Rata Share of any such increase in the Tax Excess within 30 days
            after Tenant's receipt of a statement from Landlord. Notwithstanding
            anything to the contrary contained herein, Taxes shall not include
            Taxes relating to period prior to the Commencement Date or after the
            expiration or sooner termination of this Lease.

      E.    Audit Rights. Tenant may, within 90 days after receiving Landlord's
            statement of Expenses, give Landlord written notice ("Review
            Notice") that Tenant intends to review Landlord's records of the
            Expenses for that calendar year. Within a reasonable time after
            receipt of the Review Notice, Landlord shall make all pertinent
            records available for inspection that are reasonably necessary for
            Tenant to conduct its review. If any records are maintained at a
            location other than the office of the Building, Tenant may either
            inspect the records at such other location or pay for the reasonable
            cost of copying and shipping the records. If Tenant retains an agent
            to review Landlord's records, the agent must be with a licensed CPA
            firm. Tenant shall be solely responsible for all costs, expenses and
            fees incurred for the audit. However, notwithstanding the

                                       9

<PAGE>

            foregoing, if Landlord and Tenant determine that Expenses for the
            Building for the year in question were less than stated by more than
            5%, Landlord, within 30 days after its receipt of paid invoices
            therefor from Tenant, shall reimburse Tenant for the reasonable
            amounts paid by Tenant to third parties in connection with such
            review by Tenant. Within 60 days after the records are made
            available to Tenant, Tenant shall have the right to give Landlord
            written notice (an "Objection Notice") stating in reasonable detail
            any objection to Landlord's statement of Expenses for that year. If
            Tenant fails to give Landlord an Objection Notice within the 60 day
            period or fails to provide Landlord with a Review Notice within the
            90 day period described above, absent fraud by Landlord, Tenant
            shall be deemed to have approved Landlord's statement of Expenses
            and shall be barred from raising any claims regarding the Expenses
            for that year. If Tenant provides Landlord with a timely Objection
            Notice, Landlord and Tenant shall work together in good faith to
            resolve any issues raised in Tenant's Objection Notice. If Landlord
            and Tenant determine that Expenses for the calendar year are less
            than reported, Landlord shall provide Tenant with a credit against
            the next installment of Rent in the amount of the overpayment by
            Tenant (or if this Lease has terminated, payment of the differential
            to Tenant). Likewise, if Landlord and Tenant determine that Expenses
            for the calendar year are greater than reported, Tenant shall pay
            Landlord the amount of any underpayment within 30 days. The records
            obtained by Tenant shall be treated as confidential. In no event
            shall Tenant be permitted to examine Landlord's records or to
            dispute any statement of Expenses unless Tenant has paid and
            continues to pay all Rent when due.

V.    COMPLIANCE WITH LAWS; USE.

            The Premises shall be used only for the Permitted Use and for no
            other use whatsoever. Tenant shall not use or permit the use of the
            Premises for any purpose which is illegal, dangerous to persons or
            property or which, in Landlord's reasonable opinion, unreasonably
            disturbs any other tenants of the Building or interferes with the
            operation of the Building. Tenant shall comply with all Laws,
            including the Americans with Disabilities Act, regarding the
            operation of Tenant's business and the use, condition, configuration
            and occupancy of the Premises. Landlord, at its sole cost and
            expense (except to the extent properly included in Expenses), shall
            be responsible for correcting any violations of Title III of the
            Americans with Disabilities Act with respect to the Premises and the
            Common Areas of the Building, provided that Landlord's obligation
            with respect to the Premises shall be limited to violations that
            arise out of the Landlord Work and/or the condition of the Premises
            prior to the installation of any furniture, equipment and other
            personal property of Tenant subsequent to the date of this Lease.
            Notwithstanding the foregoing, Landlord shall have the right to
            contest any alleged violation in good faith, including, without
            limitation, the right to apply for and obtain a waiver or deferment
            of compliance, the right to assert any and all defenses allowed by
            Law and the right to appeal any decisions, judgments or rulings to
            the fullest extent permitted by Law. Landlord, after the exhaustion
            of any and all rights to appeal or contest, will make all repairs,
            additions, alterations or improvements necessary to comply with the
            terms of any final order or judgment. Notwithstanding the foregoing,
            Tenant, not Landlord, shall be responsible for the correction of any
            violations that arise out of or in connection with any claims
            brought under any provision of the Americans with Disabilities Act
            other than Title III, the specific nature of Tenant's business in
            the Premises (other than general office use), the acts or omissions
            of Tenant, its agents, employees or contractors, Tenant's
            arrangement of any furniture, equipment or other property in the
            Premises, any repairs, alterations, additions or improvements
            performed by or on behalf of Tenant (other than the Landlord Work)
            and any design or configuration of the Premises specifically
            requested by Tenant after being informed that such design or
            configuration may not be in strict compliance with the ADA. Tenant,
            within 10 days after receipt, shall provide Landlord with copies of
            any notices it receives regarding a violation or alleged violation
            of any Laws. Tenant shall comply with the rules and regulations of
            the Building attached as Exhibit B and such other reasonable rules
            and regulations adopted by Landlord from time to time. Tenant shall
            also cause its agents, contractors, subcontractors, employees,
            customers, and subtenants to comply with all rules and regulations.
            Landlord shall not knowingly discriminate against Tenant in
            Landlord's enforcement of the rules and regulations. The rules and
            regulations shall be generally applicable, and generally applied in
            the same

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<PAGE>

            manner, to all tenants of the Building. If there is a conflict
            between.this Lease and any rules and regulations enacted after the
            date of this Lease, the terms of this Lease shall control.

VI.   SECURITY DEPOSIT.

      The Security Deposit shall be delivered to Landlord upon the execution of
this Lease by Tenant and shall be held by Landlord without liability for
interest (unless required by Law) as security for the performance of Tenant's
obligations. The Security Deposit is not an advance payment of Rent or a measure
of Tenant's liability for damages. Landlord may, from time to time, without
prejudice to any other remedy, use all or a portion of the Security Deposit to
satisfy past due Rent (after the expiration of any applicable cure period) or to
cure any uncured default by Tenant. If Landlord uses the Security Deposit,
Tenant shall upon written demand restore the Security Deposit to its original
amount. Landlord shall return any unapplied portion of the Security Deposit to
Tenant within 45 days after the later to occur of: (1) the determination of
Tenant's Pro Rata Share of any Tax Excess and Expense Excess for the final year
of the Term; (2) the date Tenant surrenders possession of the Premises to
Landlord in accordance with this Lease; or (3) the Termination Date. If Landlord
transfers its interest in the Premises, Landlord may assign the Security Deposit
to the transferee and, following the assignment, Landlord shall have no further
liability for the return of the Security Deposit. Notwithstanding the foregoing,
if Tenant is not in default at the termination of this Lease, Landlord shall
return any unapplied balance of the Security Deposit to Tenant within 45 days
after Tenant surrenders the Premises to Landlord in accordance with this Lease.
In addition to any other deductions Landlord is entitled to make pursuant to the
terms hereof, Landlord shall have the right to make a reasonable, good faith
estimate of any unreconciled Expenses and/or Taxes as of the Termination Date
and to deduct any anticipated shortfall from the Security Deposit. Such estimate
shall be final and binding upon Tenant. Landlord shall not be required to keep
the Security Deposit separate from its other accounts. Tenant hereby waives the
provisions of Section 1950.7 of the California Civil Code, or any similar or
successor Laws now or hereinafter in effect.

      The Security Deposit may be in the form of an irrevocable letter of credit
(the "Letter of Credit"), which Letter of Credit shall: (a) be in the amount of
$180,000.00; (b) be issued on the form attached hereto as EXHIBIT G; (c) name
Landlord as its beneficiary; and (d) be drawn on an FDIC insured financial
institution satisfactory to Landlord. The Letter of Credit (and any renewals or
replacements thereof) shall be for a term of not less than 1 year. Tenant agrees
that it shall from time to time, as necessary, whether as a result of a draw on
the Letter of Credit by Landlord in accordance with the terms hereof or as a
result of the expiration of the Letter of Credit then in effect, renew or
replace the original and any subsequent Letter of Credit so that a Letter of
Credit, in the amount required hereunder, is in effect until a date which is at
least 60 days after the Termination Date of the Lease. If Tenant fails to
furnish such renewal or replacement at least 60 days prior to the stated
expiration date of the Letter of Credit then held by Landlord, Landlord may draw
upon such Letter of Credit and hold the proceeds thereof (and such proceeds need
not be segregated) as a Security Deposit pursuant to the terms of this Article
VI. Any renewal or replacement of the original or any subsequent Letter of
Credit shall meet the requirements for the original Letter of Credit as set
forth above, except that such replacement or renewal shall be issued by an FDIC
insured financial institution satisfactory to the Landlord at the time of the
issuance thereof.

      If Landlord draws on the Letter of Credit as permitted in this Lease or
the Letter of Credit, then, upon demand of Landlord, Tenant shall restore the
amount available under the Letter of Credit to its original amount by providing
Landlord with an amendment to the Letter of Credit evidencing that the amount
available under the Letter of Credit has been restored to its original amount.
In the alternative, Tenant may provide Landlord with cash, to be held by
Landlord in accordance with this Article, equal to the restoration amount
required under the Letter of Credit.

VII.  SERVICES TO BE FURNISHED BY LANDLORD.

      A.    Landlord agrees to furnish Tenant with the following services: (1)
            Water service for use in the lavatories on each floor on which the
            Premises are located; (2) Heat, ventilating and air conditioning in
            season during Normal Business Hours, at such temperatures and in
            such amounts as are standard for comparable buildings or as required
            by governmental authority. Tenant shall have the right to receive
            HVAC service during hours other than Normal Business Hours provided
            that Tenant pay to Landlord the standard charge for the additional
            service and comply with the procedures for such additional service
            as established by Landlord. Tenant shall pay Landlord the standard
            charge for the

                                       11

<PAGE>

            additional service as reasonably determined by Landlord from time to
            time; (3) Maintenance and repair of the Property as described in
            Section IX.B.; (4) Janitor service on Business Days. If Tenant's
            use, floor covering or other improvements require special services
            in excess of the standard services for the Building, Tenant shall
            pay the additional cost attributable to the special services; (5)
            Elevator service, provided that, subject to Force Majeure, at least
            one (1) passenger elevator servicing the Premises shall be available
            for the use of Tenant, in common with other occupants of the
            Building, 24 hours a day, 365/6 days per year; (6) Electricity to
            the Premises for general office use, in accordance with and subject
            to the terms and conditions in Article X; (7) Access to the Building
            for Tenant and its employees 24 hours per day/7 days per week,
            subject to the terms of this Lease and such security or monitoring
            systems as Landlord may reasonably impose, including, without
            limitation, sign-in procedures and/or presentation of identification
            cards; and (8) such other services as Landlord reasonably determines
            are necessary or appropriate for the Property. As of the date
            hereof, Landlord's charge for after hours heating and air
            conditioning service is $20.00 per hour, subject to change from time
            to time.

      B.    Landlord's failure to furnish, or any interruption or termination
            of, services due to the application of Laws, the failure of any
            equipment, the performance of repairs, Improvements or alterations,
            or the occurrence of any event or cause beyond the reasonable
            control of Landlord (a "Service Failure") shall not render Landlord
            liable to Tenant, constitute a constructive eviction of Tenant, give
            rise to an abatement of Rent, nor relieve Tenant from the obligation
            to fulfill any covenant or agreement. However, if the Premises, or a
            material portion of the Premises, is made untenantable for a period
            in excess of 4 consecutive Business Days as a result of the Service
            Failure, then Tenant, as its sole remedy, shall be entitled to
            receive an abatement of Rent payable hereunder during the period
            beginning on the 5th consecutive Business Day of the Service Failure
            and ending on the day the service has been restored. If the entire
            Premises has not been rendered untenantable by the Service Failure,
            the amount of abatement that Tenant is entitled to receive shall be
            prorated based upon the percentage of the Premises rendered
            untenantable and not used by Tenant. In no event, however, shall
            Landlord be liable to Tenant for any loss or damage, including the
            theft of Tenant's Property (defined in Article XV), arising out of
            or in connection with the failure of any security services,
            personnel or equipment. Landlord shall diligently attempt to remedy
            any Service Failure which is reasonably within the control of
            Landlord; provided, however, that Landlord shall not be required to
            diligently attempt to remedy any such Service Failure if such remedy
            would violate any Law or injunction or other legal prohibition or if
            such Service Failure is due to any act or omission by Tenant or any
            Tenant Related Party (as defined in Section XIV.B below).
            Notwithstanding the foregoing, if a Service Failure is reasonably
            within the control of Landlord and (a) continues for 180 consecutive
            days after the Service Failure initially occurs, then Tenant, as its
            sole remedy, shall have the right to elect to terminate this Lease
            within 10 days after the expiration of said 180 day period without
            penalty, by delivering written notice to Landlord of its election
            thereof. The foregoing termination right shall not apply if the
            Service Failure is due to fire or other casualty. Instead, in such
            an event, the terms and provisions of Article XVII shall apply.

VIII. LEASEHOLD IMPROVEMENTS.

      All improvements to the Premises (collectively, "Leasehold Improvements")
shall be owned by Landlord and shall remain upon the Premises without
compensation to Tenant. However, Landlord, by written notice to Tenant within 30
days prior to the Termination Date, may require Tenant to remove, at Tenant's
expense: (1) Cable (defined in Section IX.A) installed by or for the exclusive
benefit of Tenant and located in the Premises or other portions of the Building;
and (2) any Leasehold Improvements that are performed by or for the benefit of
Tenant and, in Landlord's reasonable judgment, are of a nature that would
require removal and repair costs that are materially in excess of the removal
and repair costs associated with standard office improvements (collectively
referred to as "Required Removables"). Without limitation, it is agreed that
Required Removables include internal stairways, raised floors, personal baths
and showers, vaults, rolling file systems and structural alterations and
modifications of any type. However, it is agreed that Required Removables shall
not include any usual office improvements such as gypsum board, partitions,
ceiling grids and tiles, fluorescent lighting panels, Building standard doors,
non-glued down carpeting and any of the Landlord Work (as described in Exhibit D
attached hereto). The Required Removables

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<PAGE>

designated by Landlord shall be removed by Tenant before the Termination Date,
provided that upon prior written notice to Landlord, Tenant may remain in the
Premises for up to 5 days after the Termination Date for the sole purpose of
removing the Required Removables. Tenant's possession of the Premises shall be
subject to all of the terms and conditions of this Lease, including the
obligation to pay Rent on a per diem basis at the rate in effect for the last
month of the Term. Tenant shall repair damage caused by the installation or
removal of Required Removables. If Tenant fails to remove any Required
Removables or perform related repairs in a timely manner, Landlord, at Tenant's
expense, may remove and dispose of the Required Removables and perform the
required repairs. Tenant, within 30 days after receipt of an invoice, shall
reimburse Landlord for the reasonable costs incurred by Landlord.
Notwithstanding the foregoing, Tenant, at the time it requests approval for a
proposed Alteration (defined in Section IX.C), may request in writing that
Landlord advise Tenant whether the Alteration or any portion of the Alteration
will be designated as a Required Removable. Within 10 days after receipt of
Tenant's request, Landlord shall advise Tenant in writing as to which portions
of the Alteration, if any, will be considered to be Required Removables.

IX.   REPAIRS AND ALTERATIONS.

      A.    Tenant's Repair Obligations. Tenant shall, at its sole cost and
            expense, promptly perform all maintenance and repairs to the
            Premises that are not Landlord's express responsibility under this
            Lease, and shall keep the Premises in good condition and repair,
            reasonable wear and tear and damage by casualty (subject to the
            terms of Article XVII) excepted. Tenant's repair obligations
            include, without limitation, repairs to: (1) floor covering; (2)
            interior partitions; (3) doors; (4) the interior side of demising
            walls; (5) electronic, phone and data cabling and related equipment
            (collectively, "Cable") that is installed by or for the exclusive
            benefit of Tenant and located in the Premises or other portions of
            the Building; (6) supplemental air conditioning units, private
            showers and kitchens, including hot water heaters, plumbing, and
            similar facilities serving Tenant exclusively; and (7) Alterations
            performed by contractors retained by Tenant, including related HVAC
            balancing. All work shall be performed in accordance with the rules
            and procedures described in Section IX.C. below. If Tenant fails to
            make any repairs to the Premises for more than 15 days after notice
            from Landlord (although notice shall not be required if there is an
            emergency), Landlord may make the repairs, and Tenant shall pay the
            reasonable cost of the repairs to Landlord within 30 days after
            receipt of an invoice, together with an administrative charge in an
            amount equal to 10% of the cost of the repairs.

      B.    Landlord's Repair Obligations. Landlord shall, at its sole cost and
            expense but subject to reimbursement in accordance with the terms of
            this Lease, keep and maintain in good repair and working order and
            make repairs to, replacements of, and perform maintenance upon: (1)
            structural elements of the Building; (2) mechanical (including
            HVAC), electrical, plumbing and fire/life safety systems within or
            serving the Building in general; (3) Common Areas; (4) the roof of
            the Building; (5) exterior windows of the Building; and (6)
            elevators serving the Building. Landlord shall promptly and
            diligently make repairs (considering the nature and urgency of the
            repair) for which Landlord is responsible. Tenant hereby waives any
            and all rights under and benefits of subsection 1 of Section 1932,
            and Sections 1941 and 1942 of the California Civil Code, or any
            similar or successor Laws now or hereinafter in effect.

            During the first twelve (12) months of the Term hereof, following
            Landlord's receipt of written notice from Tenant during such 12
            month period, Landlord shall, at its sole cost and expense, repair
            electrical outlets located upon the walls within the Premises (but
            outside the existing server room) which electrical outlets exist as
            of the date of this Lease. As of the first day of the thirteenth
            (13th) month of the Term, Landlord shall repair any such electrical
            outlets described above, provided, however, that the cost and
            expense of such repair shall be deemed an Expense as described in
            Article IV of this Lease.

      C.    Alterations. Tenant shall not make alterations, additions or
            improvements to the Premises or install any Cable in the Premises or
            other portions of the Building (collectively referred to as
            "Alterations") without first obtaining the written consent of
            Landlord in each instance, which consent shall not be unreasonably
            withheld or delayed. However, Landlord's consent shall not be
            required for any Alteration that satisfies all of the following
            criteria (a "Cosmetic Alteration"): (1) is of a cosmetic nature such
            as painting, wallpapering, hanging pictures and installing

                                       13

<PAGE>

            carpeting; (2) is not visible from the exterior of the Premises or
            Building; (3) will not affect the systems or structure of the
            Building; and (4) does not require work to be performed inside the
            walls or above the ceiling of the Premises. However, even though
            consent is not required, the performance of Cosmetic Alterations
            shall be subject to all the other provisions of this Section IX.C.
            Prior to starting work, Tenant shall furnish Landlord with plans and
            specifications reasonably acceptable to Landlord; names of
            contractors reasonably acceptable to Landlord (provided that
            Landlord may designate specific contractors with respect to Building
            systems); copies of contracts; necessary permits and approvals;
            evidence of contractor's and subcontractor's insurance in amounts
            reasonably required by Landlord; and any security for performance
            that is reasonably required by Landlord. Changes to the plans and
            specifications must also be submitted to Landlord for its approval.
            Alterations shall be constructed in a good and workmanlike manner
            using materials of a quality that is at least equal to the quality
            designated by Landlord as the minimum standard for the Building.
            Landlord may designate reasonable rules, regulations and procedures
            for the performance of work in the Building and, to the extent
            reasonably necessary to avoid disruption to the occupants of the
            Building, shall have the right to designate the time when
            Alterations may be performed. Tenant shall reimburse Landlord within
            30 days after receipt of an invoice for reasonable sums paid by
            Landlord for third party examination of Tenant's plans for
            non-Cosmetic Alterations. In addition, within 30 days after receipt
            of an invoice from Landlord, Tenant shall pay Landlord a fee for
            Landlord's oversight and coordination of any non-Cosmetic
            Alterations equal to 7% of the cost of the non-Cosmetic Alterations.
            Upon completion, Tenant shall furnish "as-built" plans (except for
            Cosmetic Alterations), completion affidavits, full and final waivers
            of lien in recordable form, and receipted bills covering all labor
            and materials. Tenant shall assure that the Alterations comply with
            all insurance requirements and Laws. Landlord's approval of an
            Alteration shall not be a representation by Landlord that the
            Alteration complies with applicable Laws or will be adequate for
            Tenant's use.

X.    USE OF ELECTRICAL SERVICES BY TENANT.

      A.    Electricity used by Tenant in the Premises shall, at Landlord's
            option, be paid for by Tenant either: (1) through inclusion in
            Expenses (except as provided in Section X.B. for excess usage); (2)
            by a separate charge payable by Tenant to Landlord within 30 days
            after billing by Landlord; or (3) by separate charge billed by the
            applicable utility company and payable directly by Tenant.
            Electrical service to the Premises may be furnished by one or more
            companies providing electrical generation, transmission and
            distribution services, and the cost of electricity may consist of
            several different components or separate charges for such services,
            such as generation, distribution and stranded cost charges. Landlord
            shall have the exclusive right to select any company providing
            electrical service to the Premises, to aggregate the electrical
            service for the Property and Premises with other buildings, to
            purchase electricity through a broker and/or buyers group and to
            change the providers and manner of purchasing electricity. Landlord
            shall be entitled to receive a fee (if permitted by Law and if
            electrical cost savings are obtained) for the selection of utility
            companies and the negotiation and administration of contracts for
            electricity, provided that the amount of such fee shall not exceed
            50% of any savings obtained by Landlord.

      B.    Tenant's use of electrical service shall not exceed, either in
            voltage, rated capacity, use beyond Normal Business Hours or overall
            load, that which Landlord deems to be standard for the Building. If
            Tenant requests permission to consume excess electrical service,
            Landlord may refuse to consent or may condition consent upon
            conditions that Landlord reasonably elects (including, without
            limitation, the installation of utility service upgrades, meters,
            submeters, air handlers or cooling units), and the additional usage
            (to the extent permitted by Law), installation and maintenance costs
            shall be paid by Tenant. Landlord shall have the right to separately
            meter electrical usage for the Premises and to measure electrical
            usage by survey or other commonly accepted methods. Notwithstanding
            the foregoing, Tenant's use of amounts of electricity in accordance
            with the specifications expressly described in the Work Letter
            attached hereto and within the Building standard electrical supply
            capability shall not be deemed to create an electrical usage that is
            in excess of the standards for use for the Building.

                                       14

<PAGE>

XI.   ENTRY BY LANDLORD.

      Landlord, its agents, contractors and representatives may enter the
Premises to inspect or show the Premises to prospective purchasers or tenants,
mortgagees, encumbrancers or to others (as to prospective tenants, only during
the last twelve (12) months of the Term), to clean and make repairs, alterations
or additions to the Premises, and to conduct or facilitate repairs, alterations
or additions to any portion of the Building, Including other tenants' premises,
and to inspect and repair the Equipment (as defined herein) and, as permitted in
the Equipment Lease, remove the Equipment from the Premises. Except in
emergencies or to provide janitorial and other Building services after Normal
Business Hours, Landlord shall provide Tenant with reasonable prior notice of
entry into the Premises, which may be given orally. If reasonably necessary for
the protection and safety of Tenant and its employees, Landlord shall have the
right to temporarily close all or a portion of the Premises to perform repairs,
alterations and additions. However, except in emergencies, Landlord will not
close the Premises if the work can reasonably be completed on weekends and after
Normal Business Hours. Entry by Landlord shall not constitute constructive
eviction or, except as expressly provided in this Article XI, entitle Tenant to
an abatement or reduction of Rent. Notwithstanding the foregoing, except in
emergency situations as determined by Landlord, Landlord shall exercise
reasonable efforts not to unreasonably interfere with the conduct of the
business of Tenant in the Premises. However, the foregoing shall not require
Landlord to perform work after Normal Business Hours unless Tenant agrees to
reimburse Landlord for the extra cost incurred in connection with such work
which exceeds the cost for such work which would have been incurred had it been
performed during Normal Business Hours. Notwithstanding the foregoing, if
Landlord temporarily closes the Premises as provided above for a period in
excess of 4 consecutive days, Tenant, as its sole remedy, shall be entitled to
receive a per diem abatement of Base Rent during the period beginning on the 6th
consecutive day of closure and ending on the date on which the Premises are
returned to Tenant in a tenantable condition. Tenant, however, shall not be
entitled to an abatement if the repairs, alterations and/or additions to be
performed are required as a result of the acts or omissions of Tenant, its
agents, employees or contractors, including, without limitation, a default by
Tenant in its maintenance and repair obligations under the Lease.

XII.  ASSIGNMENT AND SUBLETTING.

            A. Except in connection with a Permitted Transfer (defined in
            Section XII.E. below), Tenant shall not assign, sublease, transfer
            or encumber any interest in this Lease or allow any third party to
            use any portion of the Premises (collectively or individually, a
            "Transfer") without the prior written consent of Landlord, which
            consent shall not be unreasonably withheld, conditioned or delayed
            if Landlord does not elect to exercise its termination rights under
            Section XII.B below. Without limitation, it is agreed that
            Landlord's consent shall not be considered unreasonably withheld if:
            (1) the proposed transferee's financial condition does not meet the
            criteria Landlord uses to select Building tenants having similar
            leasehold obligations, provided, with respect to a subtenant,
            Landlord shall apply a standard of whether the proposed subtenant is
            financially able to meet its sublease obligations, including its
            obligation to pay rent under the sublease, as they become due; (2)
            the proposed transferee's business is not suitable for the Building
            considering the business of the other tenants and the Building's
            prestige, or would result in a violation of another tenant's rights;
            (3) the proposed transferee is a governmental agency or occupant of
            the Building or Property; (4) Tenant is in default after the
            expiration of the notice and cure periods in this Lease; or (5) any
            portion of the Building or Premises would likely become subject to
            additional or different Laws as a consequence of the proposed
            Transfer. Tenant shall not be entitled to receive any consequential,
            special or indirect damages based upon a claim that Landlord
            unreasonably withheld its consent to a proposed Transfer. Instead,
            any such claim of Tenant shall be limited to the foreseeable, direct
            and actual damages (including, without limitation, costs arising
            under this Lease to the extent accrued after the date which would
            have been the effective date of a Transfer for which Landlord
            unreasonably withheld consent, as such "unreasonableness" is
            determined by an appropriate court of law with valid jurisdiction
            over the matter) incurred by Tenant. Tenant hereby waives the
            provisions of Section 1995.310 of the California Civil Code, or any
            similar or successor Laws, now or hereinafter in effect, and all
            other remedies, including, without limitation, any right at law or
            equity to terminate this Lease, on its own behalf and, to the extent
            permitted under all applicable Laws, on behalf of the proposed
            transferee. Any attempted Transfer in violation of this Article
            shall, at

                                       15

<PAGE>

            Landlord's option, be void. Consent by Landlord to one or more
            Transfer(s) shall not operate as a waiver of Landlord's rights to
            approve any subsequent Transfers. In no event shall any Transfer or
            Permitted Transfer release or relieve Tenant from any obligation
            under this Lease.

      B.    As part of its request for Landlord's consent to a Transfer, Tenant
            shall provide Landlord with financial statements for the proposed
            transferee, a complete copy of the proposed assignment, sublease and
            other contractual documents and such other information as Landlord
            may reasonably request. Landlord shall, by written notice to Tenant
            within 20 days of its receipt of the required information and
            documentation, either: (1) consent to the Transfer by the execution
            of a consent agreement in a form reasonably designated by Landlord
            or reasonably refuse to consent to the Transfer in writing; or (2)
            exercise its right to terminate this Lease with respect to the
            entire Premises, if Tenant is proposing to assign the Lease, or with
            respect to the portion of the Premises that Tenant is proposing to
            sublet if the proposed sublease (if approved) would result in 30% or
            more of the Tenant's Premises being subject to sublease.
            Notwithstanding the above, Tenant, within 5 days after receipt of
            Landlord's notice of intent to terminate, may withdraw its request
            for consent to the Transfer. In that event, Landlord's election to
            terminate the Lease shall be null and void and of no force and
            effect. Any such termination shall be effective on the proposed
            effective date of the Transfer for which Tenant requested consent.
            Notwithstanding the above, Landlord shall not have the right to
            terminate the Lease in the event of a Permitted Transfer, as defined
            below in this Article XII. Tenant shall pay Landlord a review fee
            for Landlord's review of any Permitted Transfer or requested
            Transfer. If Tenant executes Landlord's standard form of consent
            without any changes to this Lease or material changes to the
            consent, the review fee shall be $750.00. However, if Tenant or the
            transferee request, and Landlord agrees to, material changes to
            Landlord's standard form of consent or if there are material
            negotiations related thereto or if this Lease needs to be amended as
            a result thereof, and if Landlord's reasonable costs and expenses
            (including reasonable attorney's fees and costs attributable to time
            expended by in house counsel, accountants or other personnel of
            Landlord) exceed $750.00, Tenant shall reimburse Landlord for such
            reasonable costs and expenses incurred in connection with its review
            of the requested Transfer in lieu of a fixed review fee. Landlord
            shall make reasonable efforts to provide advance notice to Tenant in
            the event Landlord becomes aware that Landlord's reasonable costs
            and expenses associated with Landlord's review of the proposed
            transfer may exceed $750.00.

      C.    Tenant shall pay Landlord 50% of all rent and other consideration
            which Tenant receives as a result of a Transfer that is in excess of
            the Rent payable to Landlord for the portion of the Premises and
            Term covered by the Transfer. The phrase "other consideration" used
            herein shall mean all monies, property and other consideration paid
            or payable to Tenant for the Transfer and for all property in the
            Premises included in such Transfer, including, without limitation,
            fixtures, improvements of Tenant, furniture, equipment and
            furnishings, but excluding Tenant's Property. For purposes of this
            Section XII.C. only, the term "Tenant's Property" shall be as
            defined in Article XV of this Lease but shall also be deemed to
            include goodwill and any other intangible personal property
            associated with Tenant's business, but in no event shall it be
            deemed to include Tenant's interest under this Lease. Tenant shall
            pay Landlord for Landlord's share of any excess within 30 days after
            Tenant's receipt of such excess consideration. Tenant may deduct
            from the excess all reasonable and customary expenses directly
            incurred by Tenant attributable to the Transfer, including brokerage
            fees, legal fees and construction costs. If Tenant is in Monetary
            Default (defined in Section XIX.A. below), Landlord may require that
            all sublease payments be made directly to Landlord, in which case
            Tenant shall receive a credit against Rent in the amount of any
            payments received (less Landlord's share of any excess).

      D.    Except as provided below with respect to a Permitted Transfer, if
            Tenant is a corporation, limited liability company, partnership, or
            similar entity, and if the entity which owns or controls a majority
            of the voting shares/rights at any time changes for any reason
            (including but not limited to a merger, consolidation or
            reorganization), such change of ownership or control shall
            constitute a Transfer. The foregoing shall not apply so long as
            Tenant is an entity whose outstanding stock is listed on a
            recognized security exchange, or if at least 80% of its voting

                                       16

<PAGE>

            stock is owned by another entity, the voting stock of which is so
            listed. The foregoing also shall not apply to the infusion of
            additional equity capital in Tenant or an initial public offering of
            equity securities of Tenant under the Securities Act of 1933, as
            amended, which results in Tenant's stock being traded on a national
            securities exchange, including, but not limited to, the NYSE, the
            NASDAQ Stock Market or the NASDAQ Small Cap Market System.

            In addition, any sale or transfer of the capital stock of Tenant in
            an aggregate amount not to exceed thirty percent (30%) of the direct
            or indirect ownership of all of the voting stock of Tenant if Tenant
            is a corporation over no less than three separate and unrelated
            financing transactions shall be deemed a Permitted Transfer for
            purposes of this Lease only if all of the following conditions
            precedent are satisfied to Landlord's satisfaction (i) such sale or
            transfer occurs solely in connection with any bona fide financing or
            capitalization for the benefit of Tenant, and (ii) Tenant provides
            to Landlord ten (10) days prior written notice of such sale or
            transfer, and (iii) following such transfer, Tenant's tangible net
            worth remains reasonably sufficient, taking into account all
            expected obligations of the Tenant with respect to the transfer and
            all of its other contingent and noncontingent obligations, to
            service when due the obligations of Tenant under this Lease.

      E.    So long as Tenant is not entering into the Permitted Transfer for
            the purpose of avoiding or otherwise circumventing the remaining
            terms of this Article XII, Tenant may assign its entire interest
            under this Lease, without the consent of Landlord, to (i) an
            affiliate, subsidiary, or parent of Tenant, or a corporation,
            partnership or other legal entity wholly owned by Tenant
            (collectively, an "Affiliated Party"), or (ii) a successor to Tenant
            by purchase, merger, consolidation or reorganization, provided that
            all of the following conditions are satisfied (each such Transfer a
            "Permitted Transfer"): (1) Tenant is not in default under this
            Lease; (2) the Permitted Use does not allow the Premises to be used
            for retail purposes; (3) Tenant shall give Landlord written notice
            at least 30 days prior to the effective date of the proposed
            Permitted Transfer; (4) with respect to a proposed Permitted
            Transfer to an Affiliated Party, Tenant continues to have a net
            worth equal to or greater than Tenant's net worth at the date of
            this Lease; and (5) with respect to a purchase, merger,
            consolidation or reorganization or any Permitted Transfer which
            results in Tenant ceasing to exist as a separate legal entity, (a)
            Tenant's successor shall own all or substantially all of the assets
            of Tenant, and (b) Tenant's successor shall have a net worth which
            is at least equal to the greater of Tenant's net worth at the date
            of this Lease or Tenant's net worth as of the day prior to the
            proposed purchase, merger, consolidation or reorganization. Tenant's
            notice to Landlord shall include information and documentation
            showing that each of the above conditions has been satisfied. If
            requested by Landlord, Tenant's successor shall sign a commercially
            reasonable form of assumption agreement. As used herein, (A)
            "parent" shall mean a company which owns a majority of Tenant's
            voting equity; (B) "subsidiary" shall mean an entity wholly owned by
            Tenant or at least 51% of whose voting equity is owned by Tenant;
            and (C) "affiliate" shall mean an entity controlled, controlling or
            under common control with Tenant. Notwithstanding the foregoing, if
            any parent, affiliate or subsidiary to which this Lease has been
            assigned or transferred subsequently sells or transfers its voting
            equity or its interest under this Lease other than to another
            parent, subsidiary or affiliate of the original Tenant named
            hereunder, such sale or transfer shall be deemed to be a Transfer
            requiring the consent of Landlord hereunder.

XIII. LIENS.

      Tenant shall not permit mechanic's or other liens to be placed upon the
Property, Premises or Tenant's leasehold interest in connection with any work or
service done or purportedly done by or for benefit of Tenant. If a lien is so
placed, Tenant shall, within 10 days of notice from Landlord of the filing of
the lien, fully discharge the lien by settling the claim which resulted in the
lien or by bonding or insuring over the lien in the manner prescribed by the
applicable lien Law. If Tenant fails to discharge the lien, then, in addition to
any other right or remedy of Landlord, Landlord may bond or insure over the lien
or otherwise discharge the lien, Tenant shall reimburse Landlord for any amount
paid by Landlord to bond or insure over the lien or discharge the lien,
including, without limitation, reasonable attorneys' fees (if and to the extent
permitted by Law) within 30 days after receipt of an invoice from Landlord.

                                       17

<PAGE>

XIV.  INDEMNITY AND WAIVER OF CLAIMS.

      A.    Except to the extent caused by the negligence or willful misconduct
            of Landlord or any Landlord Related Parties (defined below) and
            Landlord's contractors, Tenant shall indemnify, defend and hold
            Landlord, its trustees, members, principals, beneficiaries,
            partners, officers, directors, employees, Mortgagee(s) (defined in
            Article XXVI) and agents ("Landlord Related Parties") and Landlord's
            contractors harmless against and from all liabilities, obligations,
            damages, penalties, claims, actions, costs, charges and expenses,
            including, without limitation, reasonable attorneys' fees and other
            professional fees (if and to the extent permitted by Law), which may
            be imposed upon, incurred by or asserted against Landlord or any of
            the Landlord Related Parties and Landlord's contractors and arising
            out of or in connection with any damage or injury occurring in the
            Premises or any acts or omissions (including violations of Law) of
            Tenant, the Tenant Related Parties (defined below) or any of
            Tenant's transferees, contractors or licensees.

      B.    Except to the extent caused by the negligence or willful misconduct
            of Tenant or any Tenant Related Parties (defined below) and Tenant's
            contractors, Landlord shall indemnify, defend and hold Tenant, its
            trustees, members, principals, beneficiaries, partners, officers,
            directors, employees and agents ("Tenant Related Parties") and
            Tenant's contractors harmless against and from all liabilities,
            obligations, damages, penalties, claims, actions, costs, charges and
            expenses, including, without limitation, reasonable attorneys' fees
            and other professional fees (if and to the extent permitted by Law),
            which may be imposed upon, incurred by or asserted against Tenant or
            any of the Tenant Related Parties or Tenant's contractors and
            arising out of or in connection with the acts or omissions
            (including violations of Law) of Landlord, the Landlord Related
            Parties or any of Landlord's contractors.

      C.    Landlord and the Landlord Related Parties or Landlord's contractors
            shall not be liable for, and Tenant waives, all claims for loss or
            damage to Tenant's business or loss, theft or damage to Tenant's
            Property or the property of any person claiming by, through or under
            Tenant resulting from: (1) wind or weather; (2) the failure of any
            sprinkler, heating or air-conditioning equipment, any electric
            wiring or any gas, water or steam pipes; (3) the backing up of any
            sewer pipe or downspout; (4) the bursting, leaking or running of any
            tank, water closet, drain or other pipe; (5) water, snow or ice upon
            or coming through the roof, skylight, stairs, doorways, windows,
            walks or any other place upon or near the Building; (6) any act or
            omission of any party other than Landlord or Landlord Related
            Parties or Landlord's contractors; and (7) any causes not reasonably
            within the control of Landlord. Tenant shall insure itself against
            such losses under Article XV below. Notwithstanding the foregoing,
            except as provided in Article XVI to the contrary, Tenant shall not
            be required to waive any claims against Landlord (other than for
            loss or damage to Tenant's business) where such loss or damage is
            due to the negligence or willful misconduct of Landlord, Landlord's
            contractors or any Landlord Related Parties. Nothing herein shall be
            construed as to diminish the repair and maintenance obligations of
            Landlord contained elsewhere in this Lease.

XV.   INSURANCE.

      Tenant shall carry and maintain the following insurance ("Tenant's
Insurance"), at its sole cost and expense: (1) Commercial General Liability
Insurance applicable to the Premises and its appurtenances providing, on an
occurrence basis, a minimum combined single limit of $2,000,000.00; (2) All Risk
Property/Business Interruption Insurance, with Broad form water damage coverage
including an Earthquake Sprinkler Leakage endorsement, written at replacement
cost value and with a replacement cost endorsement covering all of Tenant's
trade fixtures, equipment, furniture and other personal property within the
Premises. ("Tenant's Property"); (3) Workers' Compensation Insurance as required
by the state in which the Premises is located and in amounts as may be required
by applicable statute; and (4) Employers Liability Coverage of at least
$1,000,000.00 per occurrence. Any company writing any of Tenant's Insurance
shall have an A.M. Best rating of not less than A-VIII. All Commercial General
Liability Insurance policies shall name Tenant as a named insured and Landlord
(or any successor), Equity Office Properties Trust, a Maryland real estate
investment trust, EOP Operating Limited Partnership, a Delaware limited
partnership, and their respective members, principals, beneficiaries, partners,
officers, directors, employees, and agents, and

                                       18

<PAGE>

other designees of Landlord as the interest of such designees shall appear, as
additional insureds. All policies of Tenant's Insurance shall contain
endorsements that the insurer(s) shall give Landlord and its designees at least
30 days' advance written notice of any change, cancellation, termination or
lapse of insurance. Tenant shall provide Landlord with a certificate of
insurance evidencing Tenant's Insurance prior to the earlier to occur of the
Commencement Date or the date Tenant is provided with possession of the Premises
for any reason, and upon renewals at least 15 days prior to the expiration of
the insurance coverage. Landlord shall maintain the following insurance
("Landlord's Insurance"), the premiums of which will be included in Expenses:
(1) Commercial General Liability insurance applicable to the Property, Building
and Common Areas providing, on an occurrence basis, a minimum combined single
limit of at least $2,000,000.00; (2) All Risk Property Insurance on the Building
at replacement cost value; (3) Worker's Compensation insurance as required by
the state in which the Building is located and in amounts as may be required by
applicable statute; and (4) Employers Liability Coverage of at least
$1,000,000.00 per occurrence. Except as specifically provided to the contrary,
the limits of either party's' insurance shall not limit such party's liability
under this Lease.

XVI.  SUBROGATION.

      Notwithstanding anything in this Lease to the contrary, Landlord and
Tenant hereby waive and shall cause their respective insurance carriers to waive
any and all rights of recovery, claim, action or causes of action against the
other and their respective trustees, principals, beneficiaries, partners,
officers, directors, agents, and employees, for any loss or damage that may
occur to Landlord or Tenant or any party claiming by, through or under Landlord
or Tenant, as the case may be, with respect to Tenant's Property, the Building,
the Premises, any additions or improvements to the Building or Premises, or any
contents thereof, including all rights of recovery, claims, actions or causes of
action arising out of the negligence of Landlord or any Landlord Related Parties
or the negligence of Tenant or any Tenant Related Parties, which loss or damage
is (or would have been, had the insurance required by this Lease been carried)
covered by insurance.

XVII. CASUALTY DAMAGE.

      A.    If all or any part of the Premises is damaged by fire or other
            casualty, Tenant shall immediately notify Landlord in writing.
            During any period of time that all or a material portion of the
            Premises is rendered untenantable as a result of a fire or other
            casualty, the Rent shall abate for the portion of the Premises that
            is untenantable and not used by Tenant. Landlord shall have the
            right to terminate this Lease if: (1) the Building shall be damaged
            so that, in Landlord's reasonable judgment, substantial alteration
            or reconstruction of the Building shall be required (whether or not
            the Premises has been damaged); (2) Landlord is not permitted by Law
            to rebuild the Building in substantially the same form as existed
            before the fire or casualty; (3) the Premises have been materially
            damaged and there is less than 18 months of the Term remaining on
            the date of the casualty; (4) any Mortgagee requires that the
            insurance proceeds be applied to the payment of the mortgage debt;
            or (5) a material uninsured loss to the Building occurs. Landlord
            may exercise its right to terminate this Lease by notifying Tenant
            in writing within 90 days after the date of the casualty. In
            addition to Landlord's right to terminate as provided herein, Tenant
            shall have the right to terminate this Lease if: (a) a substantial
            portion of the Premises has been damaged by fire or other casualty
            and such damage cannot reasonably be repaired within 60 days after
            receipt of the Completion Estimate (defined in XVII.B. below); (b)
            there is less than 18 months of the Term remaining on the date of
            such casualty; (c) the casualty was not caused by the negligence or
            willful misconduct of Tenant or its agents, employees or
            contractors; and (d) Tenant provides Landlord with written notice of
            its intent to terminate within 30 days after the date of the fire or
            other casualty. If neither Landlord nor Tenant terminate this Lease,
            Landlord shall commence and proceed with reasonable diligence to
            repair and restore the Building and the Leasehold Improvements
            (excluding any Alterations that were performed by Tenant in
            violation of this Lease). However, in no event shall Landlord be
            required to spend more than the insurance proceeds received by
            Landlord. Landlord shall not be liable for any loss or damage to
            Tenant's Property or to the business of Tenant resulting in any way
            from the fire or other casualty or from the repair and restoration
            of the damage. Landlord and Tenant hereby waive the provisions of
            any Law relating to the matters addressed in this Article, and agree
            that their

                                       19

<PAGE>
            respective rights for damage to or destruction of the Premises shall
            be those specifically provided in this Lease.

      B.    If all or any portion of the Premises shall be made untenantable by
            fire or other casualty (including any such casualty to the Building
            that prevents Tenant from having any access to the Premises),
            Landlord shall, with reasonable promptness, cause an architect or
            general contractor selected by Landlord to provide Landlord and
            Tenant with a written estimate of the amount of time reasonably
            required to substantially complete the repair and restoration of the
            Premises and make the Premises tenantable again, using standard
            working methods ("Completion Estimate"). If the Completion Estimate
            indicates that the Premises cannot be made tenantable within 210
            days from the date, the repair and restoration is started, then
            regardless of anything in Section XVII.A above to the contrary,
            either party shall have the right to terminate this Lease by giving
            written notice to the other of such election within 10 days after
            receipt of the Completion Estimate. Tenant, however, shall not have
            the right to terminate this Lease if the fire or casualty was caused
            by the negligence or intentional misconduct of Tenant, Tenant
            Related Parties or any of Tenant's transferees, contractors or
            licensees. Notwithstanding the foregoing, if Tenant was entitled to
            but elected not to exercise its right to terminate the Lease and
            Landlord does not substantially complete the repair and restoration
            of the Premises within 2 months after the expiration of the
            estimated period of time set forth in the Completion Estimate, which
            period shall be extended to the extent of any Reconstruction Delays,
            then Tenant may terminate this Lease by written notice to Landlord
            within 15 days after the expiration of such period, as the same may
            be extended. For purposes of this Lease, the term "Reconstruction
            Delays" shall mean: (i) any delays caused by the insurance
            adjustment process; (ii) any delays caused by Tenant; and (iii) any
            delays caused by events of Force Majeure.

      C.    The provisions of this Lease, including this Article XVII,
            constitute an express agreement between Landlord and Tenant with
            respect to any and all damage to, or destruction of, all or any part
            of the Premises or the Property, and any Laws, including, without
            limitation, Sections 1932(2) and 1933(4) of the California Civil
            Code, with respect to any rights or obligations concerning damage or
            destruction in the absence of an express agreement between the
            parties, and any other similar Laws now or hereinafter in effect,
            shall have no application to this Lease or any damage or destruction
            to all or any part of the Premises or the Property.

XVIII. CONDEMNATION.

      Either party may terminate this Lease if the whole or any material part of
the Premises shall be taken or condemned for any public or quasi-public use
under Law, by eminent domain or private purchase in lieu thereof (a "Taking").
Landlord and Tenant shall also have the right to terminate this Lease if there
is a Taking of any portion of the Building or Property which would leave the
remainder of the Building unsuitable for use as an office building in a manner
comparable to the Building's use prior to the Taking or if such Taking would
prevent any access to the Premises by Tenant. In order to exercise its right to
terminate the Lease, Landlord or Tenant, as the case may be, must provide
written notice of termination to the other within 45 days after the terminating
party first receives notice of the Taking. Any such termination shall be
effective as of the date the physical taking of the Premises or the portion of
the Building or Property occurs. If this Lease is not terminated, the Rentable
Square Footage of the Building, the Rentable Square Footage of the Premises and
Tenant's Pro Rata Share shall, if applicable, be appropriately adjusted. In
addition, Rent for any portion of the Premises taken or condemned shall be
abated during the unexpired Term of this Lease effective when the physical
taking of the portion of the Premises occurs. If only a part of the Premises is
subject to the Taking and this Lease is not terminated as provided in this
Article, Landlord, with reasonable diligence and at its expense (to the extent
covered by any condemnation award) will restore the remaining portion of the
Premises as nearly as practicable to its condition immediately prior to such
Taking. All compensation awarded for a Taking, or sale proceeds, shall be the
property of Landlord, any right to receive compensation or proceeds being
expressly waived by Tenant. However, Tenant may file a separate claim at its
sole cost and expense for Tenant's Property and Tenant's reasonable relocation
expenses, provided the filing of the claim does not diminish the award which
would otherwise be receivable by Landlord. Tenant hereby waives any and all
rights it might otherwise have pursuant to Section 1265.130 of the California
Code of Civil Procedure, or any similar or successor Laws.

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<PAGE>

XIX.  EVENTS OF DEFAULT.

      Tenant shall be considered to be in default of this Lease upon the
occurrence of any of the following events of default:

      A.    Tenant's failure to pay when due all or any portion of the Rent, if
            the failure continues for 3 days after written notice to Tenant
            ("Monetary Default"). The parties agree that any notice of default
            required under this Lease may be delivered to Tenant concurrently
            with any notice of default required by applicable law.

      B.    Tenant's failure (other than a Monetary Default) to comply with any
            term, provision or covenant of this Lease, if the failure is not
            cured within 20 days after written notice to Tenant. However, if
            Tenant's failure to comply cannot reasonably be cured within 20
            days, Tenant shall be allowed additional time (not to exceed 60
            days) as is reasonably necessary to cure the failure so long as: (1)
            Tenant commences to cure the failure within 20 days, and (2) Tenant
            diligently pursues a course of action that will cure the failure and
            bring Tenant back into compliance with the Lease. However, if
            Tenant's failure to comply creates a hazardous condition, the
            failure must be cured immediately upon notice to Tenant. In
            addition, if Landlord provides Tenant with notice of Tenant's
            failure to comply with any particular term, provision or covenant of
            the Lease on 3 occasions during any 12 month period, Tenant's
            subsequent violation of such term, provision or covenant shall, at
            Landlord's option, be an incurable event of default by Tenant.

      C.    Tenant or any Guarantor becomes insolvent, makes a transfer in fraud
            of creditors or makes an assignment for the benefit of creditors, or
            admits in writing its inability to pay its debts when due.

      D.    The leasehold estate is taken by process or operation of Law.

      E     In the case of any ground floor or retail Tenant, Tenant does not
            take possession of, or abandons or vacates all or any portion of the
            Premises.

      F.    Tenant is in default beyond any notice and cure period under any
            other lease or agreement with Landlord, including, without
            limitation, that certain Equipment Lease (the "Equipment Lease") by
            and between Landlord and Tenant dated as of even date herewith and
            covering certain personal property (the "Equipment") located in the
            Premises and described with particularity therein, and any lease or
            agreement for parking.

      G.    Landlord shall be in default under this Lease if Landlord or its
            Mortgagee (as defined in Article XXVI) fails to perform any of
            Landlord's obligations hereunder and said failure continues for a
            period of 60 days (or, with respect to the Mortgagee, such longer
            cure period as may be specified in any written agreement between
            Tenant and Mortgagee regarding such matter) after written notice
            from Tenant to Landlord and the Mortgagee of whose identity Tenant
            has been notified in writing, describing the default in reasonable
            detail (provided that if such failure cannot reasonably be cured
            within 60 days, Landlord shall be in default hereunder only if
            Landlord or its Mortgagee fails to commence to cure such default
            within 60 days after notice from Tenant, or having commenced the
            curative action within 60 days, fails to diligently pursue same). In
            the event of a default by Landlord under the Lease, Tenant shall use
            reasonable efforts to mitigate its damages and losses arising from
            any such default and Tenant may pursue any and all remedies
            available to it at law or in equity, provided, however, in no event
            shall Tenant claim a constructive or actual eviction or that the
            Premises have become unsuitable or unhabitable prior to a default
            and failure to cure by Landlord and its Mortgagee under this Lease
            and, further provided, in no event shall Tenant be entitled to
            receive more than its actual direct damages, it being agreed that
            Tenant hereby waives any claim it otherwise may have for special or
            consequential damages.

XX.   REMEDIES.

      A.    Upon the occurrence of any event or events of default under this
            Lease, Landlord shall have the option to pursue any one or more of
            the following remedies without

                                       21

<PAGE>

            any notice (except as expressly prescribed herein) or demand
            whatsoever (and without limiting the generality of the foregoing,
            Tenant hereby specifically waives notice and demand for payment of
            Rent or other obligations and waives any and all other notices or
            demand requirements imposed by applicable law):

            1.    Terminate this Lease and Tenant's right to possession of the
                  Premises and recover from Tenant an award of damages equal to
                  the sum of the following:

                  (a)   The Worth at the Time of Award of the unpaid Rent which
                        had been earned at the time of termination;

                  (b)   The Worth at the Time of Award of the amount by which
                        the unpaid Rent which would have been earned after
                        termination until the time of award exceeds the amount
                        of such Rent loss that Tenant affirmatively proves could
                        have been reasonably avoided;

                  (c)   The Worth at the Time of Award of the amount by which
                        the unpaid Rent for the balance of the Term after the
                        time of award exceeds the amount of such Rent loss that
                        Tenant affirmatively proves could be reasonably avoided;

                  (d)   Any other amount necessary to compensate Landlord for
                        all the detriment either proximately caused by Tenant's
                        failure to perform Tenant's obligations under this Lease
                        or which in the ordinary course of things would be
                        likely to result therefrom; and

                  (e)   All such other amounts in addition to or in lieu of the
                        foregoing as may be permitted from time to time under
                        applicable law.

                  The "Worth at the Time of Award" of the amounts referred to in
                  parts (a) and (b) above, shall be computed by allowing
                  interest at the lesser of a per annum rate equal to: (i) the
                  greatest per annum rate of interest permitted from time to
                  time under applicable law, or (ii) the Prime Rate plus 5%. For
                  purposes hereof, the "Prime Rate" shall be the Prime Rate from
                  time to time published in the Money Rates column of The Wall
                  Street Journal; provided, however, if The Wall Street Journal
                  ceases to publish the Prime Rate in its Money Rates column or
                  similar section of The Wall Street Journal, the "Prime Rate"
                  shall be the per annum interest rate publicly announced as its
                  prime or base rate by a federally insured bank selected by
                  Landlord in the state in which the Building is located. The
                  "Worth at the Time of Award" of the amount referred to in part
                  (c), above, shall be computed by discounting such amount at
                  the discount rate of the Federal Reserve Bank of San Francisco
                  at the time of award plus 1%;

            2.    Employ the remedy described in California Civil Code Section
                  1951.4 (Landlord may continue this Lease in effect after
                  Tenant's breach and abandonment and recover Rent as it becomes
                  due, if Tenant has the right to sublet or assign, subject only
                  to reasonable limitations); or

            3.    Notwithstanding Landlord's exercise of the remedy described in
                  California Civil Code Section 1951.4 in respect of an event or
                  events of default, at such time thereafter as Landlord may
                  elect in writing, to terminate this Lease and Tenant's right
                  to possession of the Premises and recover an award of damages
                  as provided above in Paragraph XX.A.1.

      B.    The subsequent acceptance of Rent hereunder by Landlord shall not be
            deemed to be a waiver of any preceding breach by Tenant of any term,
            covenant or condition of this Lease, other than the failure of
            Tenant to pay the particular Rent so accepted, regardless of
            Landlord's knowledge of such preceding breach at the time of
            acceptance of such Rent. No waiver by Landlord of any breach hereof
            shall be effective unless such waiver is in writing and signed by
            Landlord.

      C.    TENANT HEREBY WAIVES ANY AND ALL RIGHTS CONFERRED BY SECTION 3275 OF
            THE CIVIL CODE OF CALIFORNIA AND BY SECTIONS 1174 (c) AND 1179 OF
            THE CODE OF CIVIL PROCEDURE OF CALIFORNIA AND ANY AND ALL OTHER LAWS
            AND RULES OF LAW FROM

                                       22

<PAGE>

            TIME TO TIME IN EFFECT DURING THE LEASE TERM PROVIDING THAT TENANT
            SHALL HAVE ANY RIGHT TO REDEEM, REINSTATE OR RESTORE THIS LEASE
            FOLLOWING ITS TERMINATION BY REASON OF TENANT'S BREACH. TENANT ALSO
            HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO
            TRIAL BY JURY IN ANY LITIGATION ARISING OUT OF OR RELATING TO THIS
            LEASE.

      D.    No right or remedy herein conferred upon or reserved to Landlord is
            intended to be exclusive of any other right or remedy, and each and
            every right and remedy shall be cumulative and in addition to any
            other right or remedy given hereunder or now or hereafter existing
            by agreement, applicable law or in equity. In addition to other
            remedies provided in this Lease, Landlord shall be entitled, to the
            extent permitted by applicable law, to injunctive relief, or to a
            decree compelling performance of any of the covenants, agreements,
            conditions or provisions of this Lease, or to any other remedy
            allowed to Landlord at law or in equity. Forbearance by Landlord to
            enforce one or more of the remedies herein provided upon an event of
            default shall not be deemed or construed to constitute a waiver of
            such default.

      E.    This Article XX shall be enforceable to the maximum extent such
            enforcement is not prohibited by applicable law, and the
            unenforceability of any portion thereof shall not thereby render
            unenforceable any other portion.

XXI.  LIMITATION OF LIABILITY.

      NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS LEASE, THE
LIABILITY OF LANDLORD (AND OF ANY SUCCESSOR LANDLORD) TO TENANT SHALL BE LIMITED
TO THE INTEREST OF LANDLORD IN THE PROPERTY. TENANT SHALL LOOK SOLELY TO
LANDLORD'S INTEREST IN THE PROPERTY FOR THE RECOVERY OF ANY JUDGMENT OR AWARD
AGAINST LANDLORD. NEITHER LANDLORD NOR ANY LANDLORD RELATED PARTY SHALL BE
PERSONALLY LIABLE FOR ANY JUDGMENT OR DEFICIENCY. BEFORE FILING SUIT FOR AN
ALLEGED DEFAULT BY LANDLORD, TENANT SHALL GIVE LANDLORD AND THE MORTGAGEE(S)
(DEFINED IN ARTICLE XXVI BELOW) WHOM TENANT HAS BEEN NOTIFIED HOLD MORTGAGES
(DEFINED IN ARTICLE XXVI BELOW) ON THE PROPERTY, BUILDING OR PREMISES, NOTICE
AND THE TIME PERIOD TO CURE THE ALLEGED DEFAULT AS SUCH TIME PERIOD IS DESCRIBED
IN SECTION XIX.G ABOVE.

XXII. NO WAIVER.

      Either party's failure to declare a default immediately upon its
occurrence, or delay in taking action for a default shall not constitute a
waiver of the default, nor shall it constitute an estoppel. Either party's
failure to enforce its rights for a default shall not constitute a waiver of its
rights regarding any subsequent default. Receipt by Landlord of Tenant's keys to
the Premises shall not constitute an acceptance or surrender of the Premises.

XXIII. QUIET ENJOYMENT.

      Tenant shall, and may peacefully have, hold and enjoy the Premises,
subject to the terms of this Lease, provided Tenant pays the Rent and fully
performs all of its covenants and agreements. This covenant and all other
covenants of Landlord shall be binding upon Landlord and its successors only
during its or their respective periods of ownership of the Building, and shall
not be a personal covenant of Landlord or the Landlord Related Parties.

XXIV. INTENTIONALLY OMITTED.

XXV.  HOLDING OVER.

      Except for any permitted occupancy by Tenant under Article VIII, if Tenant
fails to surrender the Premises at the expiration or earlier termination of this
Lease, occupancy of the Premises after the termination or expiration shall be
that of a tenancy at sufferance. Tenant's occupancy of the Premises during the
holdover shall be subject to all the terms and provisions of this Lease and
Tenant shall pay an amount equal to 150% of the greater of: (1) the sum of the
Base Rent and Additional Rent due for the period immediately preceding the
holdover; or (2) the fair market gross rental for the Premises as reasonably
determined by Landlord. No holdover by Tenant or payment by Tenant after the
expiration or early termination of this Lease shall be construed to extend the
Term or prevent Landlord from immediate recovery of

                                       23

<PAGE>

possession of the Premises by summary proceedings or otherwise. In addition to
the payment of the amounts provided above, if Landlord is unable to deliver
possession of the Premises to a new tenant, or to perform improvements for a new
tenant, as a result of Tenant's holdover and Tenant fails to vacate the Premises
within 15 days after Landlord notifies Tenant of Landlord's inability to deliver
possession, or perform improvements, Tenant shall be liable to Landlord for all
damages, including, without limitation, consequential damages, that Landlord
suffers from the holdover.

XXVI. SUBORDINATION TO MORTGAGES; ESTOPPEL CERTIFICATE.

      Tenant accepts this Lease subject and subordinate to any mortgage(s),
deed(s) of trust, ground lease(s) or other lien(s) now or subsequently arising
upon the Premises, the Building or the Property, and to renewals, modifications,
refinancings and extensions thereof (collectively referred to as a "Mortgage").
The party having the benefit of a Mortgage shall be referred to as a
"Mortgagee". This clause shall be self-operative, but upon request from a
Mortgagee, Tenant shall execute a commercially reasonable subordination
agreement in favor of the Mortgagee. In lieu of having the Mortgage be superior
to this Lease, a Mortgagee shall have the right at any time to subordinate its
Mortgage to this Lease. If requested by a successor-in-interest to all or a part
of Landlord's interest in the Lease, Tenant shall, without charge, attorn to the
successor-in-interest. Landlord and Tenant shall each, within 10 days after
receipt of a written request from the other, execute and deliver an estoppel
certificate to those parties as are reasonably requested by the other (including
a Mortgagee or prospective purchaser). The estoppel certificate shall include a
statement certifying that this Lease is unmodified (except as identified in the
estoppel certificate) and in full force and effect, describing the dates to
which Rent and other charges have been paid, representing that, to such party's
actual knowledge, there is no default (or stating the nature of the alleged
default) and indicating other matters with respect to the Lease that may
reasonably be requested.

      Notwithstanding the foregoing, upon written request by Tenant, Landlord
will use reasonable efforts to obtain a non-disturbance, subordination and
attornment agreement from Landlord's then current Mortgagee on such Mortgagee's
then current standard form of agreement, which agreement shall not materially
reduce any of Tenant's or Landlord's rights or increase Tenant's or Landlord's
obligations contained in this Lease. Landlord's then current Mortgagee shall be
an express third party beneficiary of the provisions of this Article XXVI and
any other provisions of this Lease that are for the benefit of such party.
"Reasonable efforts" of Landlord shall not require Landlord to incur any cost,
expense or liability to obtain such agreement, it being agreed that Tenant shall
be responsible for any fee or review costs charged by the Mortgagee. Upon
request of Landlord, Tenant will execute the Mortgagee's form of
non-disturbance, subordination and attornment agreement and return the same to
Landlord for execution by the Mortgagee. Landlord's failure to obtain a
non-disturbance, subordination and attornment agreement for Tenant shall have no
effect on the rights, obligations and liabilities of Landlord and Tenant or be
considered to be a default by Landlord hereunder. The parties hereto acknowledge
and agree that any non-disturbance, subordination, and .attornment agreement in
favor of Tenant shall provide that, so long as Tenant is paying the Rent due
under the Lease and is not otherwise in default under the Lease beyond any
applicable cure period, its right to possession and the other terms of the Lease
shall remain in full force and effect. Such non-disturbance, subordination, and
attornment agreement may include other commercially reasonable provisions in
favor of the Mortgagee, including, without limitation, additional time on behalf
of the Mortgagee to cure defaults of the Landlord and provide that (a) neither
Mortgagee nor any successor-in-interest shall be bound by (i) any payment of the
Base Rent, Additional Rent, or other sum due under this Lease for more than 1
month in advance or (ii) any amendment or modification of the Lease made without
the express written consent of Mortgagee or any successor-in-interest; (b)
neither Mortgagee nor any successor-in-interest will be liable for (i) any act
or omission or warranties of any prior landlord (including Landlord), (ii) the
breach of any warranties or obligations relating to construction of improvements
on the Property or any tenant finish work performed or to have been performed by
any prior landlord (including Landlord), or (iii) the return of any security
deposit, except to the extent such deposits have been received by Mortgagee; and
(c) neither Mortgagee nor any successor-in-interest shall be subject to any
offsets or defenses which Tenant might have against any prior landlord
(including Landlord).

XXVII. ATTORNEYS' FEES.

      If either party institutes a suit against the other for violation of or to
enforce any covenant or condition of this Lease, or if either party intervenes
in any suit in which the other is a party to enforce or protect its interest or
rights, the prevailing party shall be entitled to all of its costs and expenses,
including, without limitation, reasonable attorneys' fees.

                                       24

<PAGE>

XXVIII. NOTICE.

      If a demand, request, approval, consent or notice (collectively referred
to as a "notice") shall or may be given to either party by the other, the notice
shall be in writing and delivered by hand or sent by registered or certified
mail with return receipt requested, or sent by overnight or same day courier
service at the party's respective Notice Address(es) set forth in Article I,
except that if Tenant has vacated the Premises (or if the Notice Address for
Tenant is other than the Premises, and Tenant has vacated such address) without
providing Landlord a new Notice Address, Landlord may serve notice in any manner
described in this Article or in any other manner permitted by Law. Each notice
shall be deemed to have been received or given on the earlier to occur of actual
delivery or the date on which delivery is refused, or, if Tenant has vacated the
Premises or the other Notice Address of Tenant without providing a new Notice
Address, 3 days after notice is deposited in the U.S. mail or with a courier
service in the manner described above. Either party may, at any time, change its
Notice Address by giving the other party written notice of the new address in
the manner described in this Article.

XXIX. EXCEPTED RIGHTS.

      This Lease does not grant any rights to light or air over or about the
Building; Landlord excepts and reserves exclusively to itself the use of: (1)
roofs, (2) telephone, electrical and janitorial closets, (3) equipment rooms,
Building risers or similar areas that are used by Landlord for the provision of
Building services, (4) rights to the land and improvements below the floor of
the Premises, (5) the improvements and air rights above the Premises, (6) the
improvements and air rights outside the demising walls of the Premises, and (7)
the areas within the Premises used for the installation of utility lines and
other installations serving occupants of the Building. Landlord has the right to
change the Building's name or address. Landlord also has the right to make such
other changes to the Property and Building as Landlord deems appropriate,
provided the changes do not materially affect Tenant's ability to use the
Premises for the Permitted Use. Landlord shall also have the right (but not the
obligation) to temporarily close the Building if Landlord reasonably determines
that there is an imminent danger of significant damage to the Building or of
personal injury to Landlord's employees or the occupants of the Building. The
circumstances under which Landlord may temporarily close the Building shall
include, without limitation, electrical interruptions, hurricanes and civil
disturbances. A closure of the Building under such circumstances shall not
constitute a constructive eviction nor entitle Tenant to an abatement or
reduction of Rent.

XXX.  SURRENDER OF PREMISES.

      At the expiration or earlier termination of this Lease or Tenant's right
of possession, Tenant shall remove Tenant's Property (defined in Article XV)
from the Premises, and quit and surrender the Premises to Landlord, broom clean,
in as good order, condition and repair as received by Tenant (except with
respect to any repairs, replacements or Alterations performed by Landlord or
Tenant, or on behalf of Tenant, during the Term of this Lease which repairs,
replacements or Alterations are in better order, condition or repair as of the
date received by Tenant, which repairs, replacements or Alterations shall be
surrendered to Landlord in good order, condition and repair), ordinary wear and
tear and damage by fire or other casualty for which Landlord is required to make
repairs hereunder excepted. Tenant shall also be required to remove the Required
Removables in accordance with Article VIII. If Tenant fails to remove any of
Tenant's Property within 2 days after the termination of this Lease or of
Tenant's right to possession, Landlord, at Tenant's sole cost and expense, shall
be entitled (but not obligated) to remove and store Tenant's Property. Landlord
shall not be responsible for the value, preservation or safekeeping of Tenant's
Property. Tenant shall pay Landlord, upon demand, the expenses and storage
charges incurred for Tenant's Property. In addition, if Tenant fails to remove
Tenant's Property from the Premises or storage, as the case may be, within 30
days after written notice, Landlord may deem all or any part of Tenant's
Property to be abandoned, and title to Tenant's Property shall be deemed to be
immediately vested in Landlord.

XXXI. MISCELLANEOUS.

      A.    This Lease and the rights and obligations of the parties shall be
            interpreted, construed and enforced in accordance with the Laws of
            the State of California and Landlord and Tenant hereby irrevocably
            consent to the jurisdiction and proper venue of such state. If any
            term or provision of this Lease shall to any extent be invalid or
            unenforceable, the remainder of this Lease shall not be affected,
            and each provision of this Lease shall be valid and enforced to the
            fullest extent permitted by Law. The headings and titles to the
            Articles and

                                       25

<PAGE>

            Sections of this Lease are for convenience only and shall have no
            effect on the interpretation of any part of the Lease.

      B.    Tenant shall not record this Lease or any memorandum without
            Landlord's prior written consent.

      C.    Landlord and Tenant hereby waive any right to trial by jury in any
            proceeding based upon a breach of this Lease.

      D.    Whenever a period of time is prescribed for the taking of an action
            by Landlord or Tenant, the period of time for the performance of
            such action shall be extended by the number of days that the
            performance is actually delayed due to strikes, acts of God,
            shortages of labor or materials, war, civil disturbances and other
            causes beyond the reasonable control of the performing party ("Force
            Majeure"). However, events of Force Majeure shall not extend any
            period of time for the payment of Rent or other sums payable by
            either party or any period of time for the written exercise of an
            option or right by either party.

      E.    Landlord shall have the right to transfer and assign, in whole or in
            part, all of its rights and obligations under this Lease and in the
            Building and/or Property referred to herein, and upon such transfer
            Landlord shall be released from any further obligations hereunder,
            and Tenant agrees to look solely to the successor in interest of
            Landlord for the performance of such obligations, provided that, any
            successor pursuant to a voluntary, third-party transfer (but not as
            part of an involuntary transfer resulting from a foreclosure or deed
            in lieu thereof) shall have assumed Landlord's obligations under
            this Lease either by contractual obligation, assumption agreement or
            by operation of law.

      F.    Tenant represents that it has dealt directly with and only with the
            Broker as a broker in connection with this Lease. Tenant shall
            indemnify and hold Landlord and the Landlord Related Parties
            harmless from all claims of any other brokers claiming to have
            represented Tenant in connection with this Lease. Landlord agrees to
            indemnify and hold Tenant and the Tenant Related Parties harmless
            from all claims of any brokers claiming to have represented Landlord
            in connection with this Lease. Landlord agrees to pay a brokerage
            commission to Broker in accordance with the terms of a separate
            written commission agreement to be entered into between Landlord and
            Broker, provided that in no event shall Landlord be obligated to pay
            a commission to Broker in connection with any extension of the Term
            or in connection with any additional space that is leased by Tenant
            pursuant to the terms of this Lease except as may be specifically
            provided otherwise in such written agreement or future written
            agreement between Landlord and Broker.

      G.    Tenant covenants, warrants and represents that: (1) each individual
            executing, attesting and/or delivering this Lease on behalf of
            Tenant is authorized to do so on behalf of Tenant; (2) this Lease is
            binding upon Tenant; and (3) Tenant is duly organized and legally
            existing in the state of its organization and is qualified to do
            business in the State of California. If there is more than one
            Tenant, or if Tenant is comprised of more than one party or entity,
            the obligations imposed upon Tenant shall be joint and several
            obligations of all the parties and entities. Notices, payments and
            agreements given or made by, with or to any one person or entity
            shall be deemed to have been given or made by, with and to all of
            them.

            Landlord covenants, warrants and represents that: (1) each
            individual executing, attesting and/or delivering this Lease on
            behalf of Landlord is authorized to do so on behalf of Landlord; (2)
            this Lease is binding upon Landlord; and (3) Landlord is duly
            organized and legally existing in the state of its organization and
            is qualified to do business in the state in which the Premises are
            located.

      H.    Time is of the essence with respect to Tenant's exercise of any
            expansion, renewal or extension rights granted to Tenant. This Lease
            shall create only the relationship of landlord and tenant between
            the parties, and not a partnership, joint venture or any other
            relationship. This Lease and the covenants and conditions in this
            Lease shall inure only to the benefit of and be binding only upon
            Landlord and Tenant and their permitted successors and assigns.

                                       26

<PAGE>

      I.    The expiration of the Term, whether by lapse of time or otherwise,
            shall not relieve either party of any obligations which accrued
            prior to or which may, according to the terms of this Lease,
            continue to accrue after the expiration or early termination of this
            Lease. Without limiting the scope of the prior sentence, and to the
            extent not violating any Law and subject to Section XX, it is agreed
            that Tenant's obligations under Sections IV.A, IV.B., VIII, XIV, XX,
            XXV and XXX shall survive the expiration or early termination of
            this Lease. Without limiting the scope of the first sentence of this
            Section, it is agreed that Landlord's obligations under Sections XIV
            and XXX shall survive the expiration or early termination of this
            Lease.

      J.    Landlord has delivered a copy of this Lease to Tenant for Tenant's
            review only, and the delivery of it does not constitute an offer to
            Tenant or an option. This Lease shall not be effective against any
            party hereto until an original copy of this Lease has been signed by
            such party.

      K.    All understandings and agreements previously made between the
            parties are superseded by this Lease, and neither party is relying
            upon any warranty, statement or representation not contained in this
            Lease. This Lease may be modified only by a written agreement signed
            by Landlord and Tenant.

      L.    Tenant, within 15 days after request, shall provide Landlord with a
            current financial statement and such other information as Landlord
            may reasonably request in order to create a "business profile" of
            Tenant and determine Tenant's ability to fulfill its obligations
            under this Lease. Landlord, however, shall not require Tenant to
            provide such information unless Landlord is requested to produce the
            information in connection with a proposed financing or sale of the
            Building. Upon written request by Tenant, Landlord shall enter into
            a commercially reasonable confidentiality agreement covering any
            confidential information that is disclosed by Tenant.

XXXII. ENTIRE AGREEMENT.

      This Lease and the following exhibits and attachments constitute the
entire agreement between the parties and supersede all prior agreements and
understandings related to the Premises, including all lease proposals, letters
of intent and other documents: EXHIBIT A (Outline and Location of Premises),
EXHIBIT B (Rules and Regulations), EXHIBIT C (Commencement Letter), EXHIBIT D
(Work Letter Agreement), EXHIBIT E (Additional Provisions), EXHIBIT F (Parking
Agreement), EXHIBIT G (Form of Letter of Credit), and EXHIBIT H (Asset Purchase
Agreement).

                         [SIGNATURES ON FOLLOWING PAGE]

                                       27

<PAGE>

      Landlord and Tenant have executed this Lease as of the day and year first
above written.

                              LANDLORD:

                              EOP-EMERYVILLE PROPERTIES, L.L.C., A DELAWARE
                              LIMITED LIABILITY COMPANY

                              By:  EOP Operating Limited Partnership, a Delaware
                                   limited partnership, its sole member

                                   By:  Equity Office Properties Trust, a
                                        Maryland real estate investment trust,
                                        its general partner

                                        By:    /s/ Mark Geisreiter
                                               -----------------------------
                                        Name:  Mark Geisreiter
                                        Title: Senior Vice President

                              TENANT:

                              ZIPREALTY, INC., A CALIFORNIA CORPORATION

                              By:    /s/ Eric A. Danziger
                                  -----------------------------
                              Name : Eric A. Danziger
                              Title: CEO

                              By: /s/ Kurt Waag
                                  -----------------------------
                              Name : Kurt Waag
                              Title: VP

                                       28

<PAGE>

                                    EXHIBIT A

                        OUTLINE AND LOCATION OF PREMISES

      This Exhibit is attached to and made a part of the Lease by and between
EOP-EMERYVILLE PROPERTIES, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY
("Landlord") and ZIPREALTY, INC., A CALIFORNIA CORPORATION ('Tenant") for space
in the Building located at 2000 Powell Street, Emeryville, California.

                                  [FLOOR PLAN]

                                       1

<PAGE>

                                    EXHIBIT B

                         BUILDING RULES AND REGULATIONS

      The following rules and regulations shall apply, where applicable, to the
Premises, the Building, the parking garage (if any), the Property and the
appurtenances. Capitalized terms have the same meaning as defined in the Lease.

1.    Sidewalks, doorways, vestibules, halls, stairways and other similar areas
      shall not be obstructed by Tenant or used by Tenant for any purpose other
      than ingress and egress to and from the Premises. No rubbish, litter,
      trash, or material shall be placed, emptied, or thrown in those areas. At
      no time shall Tenant permit Tenant's employees to loiter in Common Areas
      or elsewhere about the Building or Property.

2.    Plumbing fixtures and appliances shall be used only for the purposes for
      which designed, and no sweepings, rubbish, rags or other unsuitable
      material shall be thrown or placed in the fixtures or appliances. Damage
      resulting to fixtures or appliances caused by Tenant, its agents,
      employees or invitees, shall be paid for by Tenant, and Landlord shall not
      be responsible for the damage.

3.    No signs, advertisements or notices shall be painted or affixed to
      windows, doors or other parts of the Building, except those of such color,
      size, style and in such places as are first approved in writing by
      Landlord. All tenant identification and suite numbers at the entrance to
      the Premises shall be installed by Landlord, at Tenant's cost and expense,
      using the standard graphics for the Building. Except in connection with
      the hanging of lightweight pictures and wall decorations, no nails, hooks
      or screws shall be inserted into any part of the Premises or Building
      except by the Building maintenance personnel.

4.    Landlord may provide and maintain in the first floor (main lobby) of the
      Building an alphabetical directory board or other directory device listing
      tenants, and no other directory shall be permitted unless previously
      consented to by Landlord in writing.

5.    Tenant shall not place any lock(s) on any door in the Premises or Building
      without Landlord's prior written consent and Landlord shall have the right
      to retain at all times and to use keys to all locks within and into the
      Premises. A reasonable number of keys to the locks on the entry doors in
      the Premises shall be furnished by Landlord to Tenant at Tenant's cost,
      and Tenant shall not make any duplicate keys. All keys shall be returned
      to Landlord at the expiration or early termination of this Lease.

6.    All contractors, contractor's representatives and installation technicians
      performing work in the Building shall be subject to Landlord's prior
      approval and shall be required to comply with Landlord's standard rules,
      regulations, policies and procedures, which may be revised from time to
      time.

7.    Movement in or out of the Building of furniture or office equipment, or
      dispatch or receipt by Tenant of merchandise or materials requiring the
      use of elevators, stairways, lobby areas or loading dock areas, shall be
      restricted to hours designated by Landlord. Tenant shall obtain Landlord's
      prior approval by providing a detailed listing of the activity. If
      approved by Landlord, the activity shall be under the supervision of
      Landlord and performed in the manner required by Landlord. Tenant shall
      assume all risk for damage to articles moved and injury to any persons
      resulting from the activity. If equipment, property, or personnel of
      Landlord or of any other party is damaged or injured as a result of or in
      connection with the activity, Tenant shall be solely liable for any
      resulting damage or loss.

8.    Landlord shall have the right to approve the weight, size, or location of
      heavy equipment or articles in and about the Premises. Damage to the
      Building by the installation, maintenance, operation, existence or removal
      of Tenant's Property shall be repaired at Tenant's sole expense.

9.    Corridor doors, when not in use, shall be kept closed.

10.   Tenant shall not: (1) make or permit any improper, objectionable or
      unpleasant noises or odors in the Building, or otherwise interfere in any
      way with other tenants or persons having business with them; (2) solicit
      business or distribute, or cause to be distributed, in any portion of the
      Building, handbills, promotional materials or other advertising; or

                                       1

<PAGE>

      (3) conduct or permit other activities in the Building that might, in
      Landlord's sole opinion, constitute a nuisance.

11.   No animals, except those assisting handicapped persons, shall be brought
      into the Building or kept in or about the Premises.

12.   No inflammable, explosive or dangerous fluids or substances shall be used
      or kept by Tenant in the Premises, Building or about the Property. Tenant
      shall not, without Landlord's prior written consent, use, store, install,
      spill, remove, release or dispose of, within or about the Premises or any
      other portion of the Property, any asbestos-containing materials or any
      solid, liquid or gaseous material now or subsequently considered toxic or
      hazardous under the provisions of 42 U.S.C. Section 9601 et seq. or any
      other applicable environmental Law which may now or later be in effect
      (collectively, "Hazardous Materials"). Tenant shall comply with all Laws
      pertaining to and governing the use of Hazardous Materials by Tenant, and
      shall remain solely liable for the costs of abatement and removal.
      Notwithstanding the foregoing, Tenant may handle, store, use and dispose
      of products containing small quantities of Hazardous Materials for
      "general office purposes" (such as toner for copiers) to the extent
      customary and necessary for the Permitted Use of the Premises; provided
      that Tenant shall always handle, store, use, and dispose of any such
      Hazardous Materials in a safe and lawful manner and never allow such
      Hazardous Materials to contaminate the Premises, Building, or project or
      surrounding land or environment.

13.   Tenant shall not use or occupy the Premises in any manner or for any
      purpose which might injure the reputation or impair the present or future
      value of the Premises or the Building. Tenant shall not use, or permit any
      part of the Premises to be used, for lodging, sleeping or for any illegal
      purpose.

14.   Tenant shall not take any action which would violate Landlord's labor
      contracts or which would cause a work stoppage, picketing, labor
      disruption or dispute, or interfere with Landlord's or any other tenant's
      or occupant's business or with the rights and privileges of any person
      lawfully in the Building ("Labor Disruption"). Tenant shall take the
      actions necessary to resolve the Labor Disruption, and shall have pickets
      removed and, at the request of Landlord, immediately terminate any work in
      the Premises that gave rise to the Labor Disruption, until Landlord gives
      its written consent for the work to resume. Tenant shall have no claim for
      damages against Landlord or any of the Landlord Related Parties, nor shall
      the Commencement Date of the Term be extended as a result of the above
      actions.

15.   Tenant shall not install, operate or maintain in the Premises or in any
      other area of the Building, electrical equipment that would overload the
      electrical system beyond its capacity for proper, efficient and safe
      operation as determined solely by Landlord. Tenant shall not furnish
      cooling or heating to the Premises, including, without limitation, the use
      of electronic or gas heating devices, without Landlord's prior written
      consent. Tenant shall not use more than its proportionate share of
      telephone lines and other telecommunication facilities available to
      service the Building.

16.   Tenant shall not operate or permit to be operated a coin or token operated
      vending machine or similar device (including, without limitation,
      telephones, lockers, toilets, scales, amusement devices and machines for
      sale of beverages, foods, candy, cigarettes and other goods), except for
      machines for the exclusive use of Tenant's employees, and then only if the
      operation does not violate the lease of any other tenant in the Building.

17.   Bicycles and other vehicles are not permitted inside the Building or on
      the walkways outside the Building, except in areas designated by Landlord.

18.   Landlord may from time to time adopt systems and procedures for the
      security and safety of the Building, its occupants, entry, use and
      contents. Tenant, its agents, employees, contractors, guests and invitees
      shall comply with Landlord's systems and procedures.

19.   Landlord shall have the right to prohibit the use of the name of the
      Building or any other publicity by Tenant that in Landlord's sole opinion
      may impair the reputation of the Building or its desirability. Upon
      written notice from Landlord, Tenant shall refrain from and discontinue
      such publicity immediately.

                                       2

<PAGE>

20.   Tenant shall not canvass, solicit or peddle in or about the Building or
      the Property.

21.   Neither Tenant nor its agents, employees, contractors, guests or invitees
      shall smoke or permit smoking in the Common Areas, unless the Common Areas
      have been declared a designated smoking area by Landlord, nor shall the
      above parties allow smoke from the Premises to emanate into the Common
      Areas or any other part of the Building. Landlord shall have the right to
      designate the Building (including the Premises) as a non-smoking building.

22.   Landlord shall have the right to designate and approve standard window
      coverings for the Premises and to establish rules to assure that the
      Building presents a uniform exterior appearance. Tenant shall ensure, to
      the extent reasonably practicable, that window coverings are closed on
      windows in the Premises while they are exposed to the direct rays of the
      sun.

23.   Deliveries to and from the Premises shall be made only at the times, in
      the areas and through the entrances and exits designated by Landlord.
      Tenant shall not make deliveries to or from the Premises in a manner that
      might interfere with the use by any other tenant of its premises or of the
      Common Areas, any pedestrian use, or any use which is inconsistent with
      good business practice.

24.   The work of cleaning personnel shall not be hindered by Tenant after 5:30
      P.M., and cleaning work may be done at any time when the offices are
      vacant. Windows, doors and fixtures may be cleaned at any time. Tenant
      shall provide adequate waste and rubbish receptacles to prevent
      unreasonable hardship to the cleaning service.

                                       3

<PAGE>

                                    EXHIBIT C

                              COMMENCEMENT LETTER

                                   (EXAMPLE)

Date    ____________________

Tenant  ____________________
Address ____________________
        ____________________
        ____________________

Re:   Commencement Letter with respect to that certain Lease dated as of the
      _____ day of _____________,________, by and between EOP-EMERYVILLE
      PROPERTIES, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY, as Landlord, and
      ZIPREALTY, INC., A CALIFORNIA CORPORATION, as Tenant, for 15,825 rentable
      square feet on the 15th floor of the Building located at 2000 Powell
      Street, Emeryville, California.

Dear ______________________:

      In accordance with the terms and conditions of the above referenced Lease,
Tenant accepts possession of the Premises and agrees:

            1.    The Commencement Date of the Lease is _______________________;

            2.    The Termination Date of the Lease is ________________________.

      Please acknowledge your acceptance of possession and agreement to the
terms set forth above by signing all 3 counterparts of this Commencement Letter
in the space provided and returning 2 fully executed counterparts to my
attention.

Sincerely,

_________________________________
Property Manager

Agreed and Accepted:

      Tenant: ____________________

      By:     ____________________
      Name:   ____________________
      Title:  ____________________
      Date:   ____________________

                                       1

<PAGE>

                                    EXHIBIT D

                                   WORK LETTER

      This work letter (this "Work Letter") is attached to and made a part of
the Lease by and between EOP-EMERYVILLE PROPERTIES, L.L.C., A DELAWARE LIMITED
LIABILITY COMPANY ("Landlord") and ZIPREALTY, INC., A CALIFORNIA CORPORATION
("Tenant") for space in the Building located at 2000 Powell Street, Emeryville,
California

As used in this Work Letter, the "Premises" shall be deemed to mean the
Premises, as initially defined in the attached Lease.

1.    Landlord shall perform improvements to the Premises substantially in
      accordance with the plans prepared by Breraton Architects, dated October
      24, 2001 (the "Plans"). The improvements to be performed by Landlord in
      accordance with the Plans are hereinafter referred to as the "Landlord
      Work." Landlord shall perform the Landlord Work in a good and workmanlike
      manner. It is agreed that construction of the Landlord Work will be
      completed at Landlord's sole cost and expense (subject to the Maximum
      Amount and further subject to the terms of Paragraph 4 below) using
      Building Standard methods, materials and finishes. Landlord and Tenant
      agree that Landlord's obligation to pay for the cost of Landlord Work
      (inclusive of the cost of preparing Plans, obtaining permits and other
      related costs) shall be limited to $63,300.00 (the "Maximum Amount") and
      that Tenant shall be responsible for the cost of Landlord Work, plus any
      applicable state sales or use tax, if any, to the extent that it exceeds
      the Maximum Amount. Landlord shall enter into a direct contract for the
      Landlord Work with a general contractor selected by Landlord. In addition,
      Landlord shall have the right to select and/or approve of any
      subcontractors used in connection with the Landlord Work. Landlord's
      supervision or performance of any work for or on behalf of Tenant shall
      not be deemed a representation by Landlord that such Plans or the
      revisions thereto comply with applicable insurance requirements, building
      codes, ordinances, laws or regulations, or that the improvements
      constructed in accordance with the Plans and any revisions thereto will be
      adequate for Tenant's use, it being agreed that Tenant shall be
      responsible for all elements of the design of Tenant's plans (including,
      without limitation, compliance with law, functionality of design, the
      structural integrity of the design, the configuration of the premises and
      the placement of Tenant's furniture, appliances and equipment).

2.    If Landlord's estimate and/or the actual cost of the Landlord Work shall
      exceed the Maximum Amount, Landlord, prior to commencing any construction
      of Landlord Work, shall submit to Tenant a written estimate setting forth
      the anticipated cost of the Landlord Work, including but not limited to
      labor and materials, contractor's fees and permit fees. Within 3 Business
      Days thereafter, Tenant shall either notify Landlord in writing of its
      approval of the cost estimate, or specify its objections thereto and any
      desired changes to the proposed Landlord Work. If Tenant notifies Landlord
      of such objections and desired changes, Tenant shall work with Landlord to
      reach a mutually acceptable alternative cost estimate.

3.    If Landlord's estimate and/or the actual cost of construction shall exceed
      the Maximum Amount (such amounts exceeding the Maximum Amount being herein
      referred to as the "Excess Costs"), Tenant shall pay to Landlord such
      Excess Costs, plus any applicable state sales or use tax thereon, upon
      demand. The statements of costs submitted to Landlord by Landlord's
      contractors shall be conclusive for purposes of determining the actual
      cost of the items described therein. The amounts payable by Tenant
      hereunder constitute Rent payable pursuant to the Lease, and the failure
      to timely pay same constitutes an event of default under the Lease.

4.    If Tenant shall request any revisions to the Plans, Landlord shall have
      such revisions prepared at Tenant's sole cost and expense and Tenant shall
      reimburse Landlord for the cost of preparing any such revisions to the
      Plans, plus any applicable state sales or use tax thereon, upon demand.
      Promptly upon completion of the revisions, Landlord shall notify Tenant
      in writing of the increased cost in the Landlord Work, if any, resulting
      from such revisions to the Plans. Tenant, within one Business Day, shall
      notify Landlord in writing whether it desires to proceed with such
      revisions. In the absence of such written authorization, Landlord shall
      have the option to continue work on the Premises disregarding the
      requested revision. Tenant shall be responsible for any Tenant Delay in
      completion of the Premises resulting from any revision to the Plans. If
      such revisions result in an increase in the cost of Landlord Work, such
      increased costs, plus any applicable state sales or use tax thereon, shall
      be payable by Tenant upon demand.

                                       1

<PAGE>

      Notwithstanding anything herein to the contrary, all revisions to the
      Plans shall be subject to the approval of Landlord.

5.    Any portion of the Maximum Amount which exceeds the cost of the Landlord
      Work or is otherwise remaining after March 31, 2002, shall accrue to the
      sole benefit of Landlord, it being agreed that Tenant shall not be
      entitled to any credit, offset, abatement or payment with respect thereto.

6.    Landlord and Tenant agree to cooperate with each other in order to enable
      the Landlord Work to be performed in a timely manner and with as little
      inconvenience to the operation of Tenant's business as is reasonably
      possible. Notwithstanding anything herein to the contrary, any delay in
      the completion of the Landlord Work or inconvenience suffered by Tenant
      during the performance of the Landlord Work shall not delay the
      Commencement Date nor shall it subject Landlord to any liability for any
      loss or damage resulting therefrom or entitle Tenant to any credit,
      abatement or adjustment of Rent or other sums payable under the Lease.

7.    This Work Letter shall not be deemed applicable to any additional space
      added to the Premises at any time or from time to time, whether by any
      options under the Lease or otherwise, or to any portion of the original
      Premises or any additions to the Premises in the event of a renewal or
      extension of the original Term of the Lease, whether by any options under
      the Lease or otherwise, unless expressly so provided in the Lease or any
      amendment or supplement to the Lease.

                                       2
<PAGE>
                                   Zip Realty

                         2000 Powell Street, Suite 1555
                                 Emeryville, CA

--------------------------------------------------------------------------------
ABBREVIATIONS & SYMBOLS
--------------------------------------------------------------------------------

<Table>
<S>       <C>                    <C>          <C>                        <C>         <C>
&          And                    FT.          Foot or Feet               S.          South
L          Angle                  FTG          Footing                    S.C.        Solid Care
@          At                     FURR         Furring                    S.C.D.      Seat Cover dispenser
CL         Centerline             FUT.         Future
-          Diameter or            GA.          Gauge                      SCHED.      Schedule
           Round                  GALV.        Galvanized                 S.D.        Soap Dispenser
#          Pound or Number        G.B.         Grab Bar                   SECT.       Section
(E)        Existing               GL.          Glass                      SH.         Shelf
                                  GND.         Ground                     SHR.        Shower
ACOUS.     Acoustical             GR.          grade                      SHT.        Sheet
A.D.       Area Drain             GYP.         Gypsum                     SIM.        Similar
ADJ.       Adjustable                                                     S.N.D.      Sanitary Napkin
AGGR.      Aggregate              H.B.         Hose Bibb                              Dispenser
AL.        Aluminum               H.C.         Hollow Core                S.N.R.      Sanitary Napkin
APPROX.    Approximate            HDWD.        Hardwood                               Receptacle
ARCH       Architectural          HDWE.        Hardware                   SPEC.       Specification
ASB.       Asbestos               H.M.         Hollow Metal               SQ.         Square
ASPH.      Asphalt                HORIZ.       Horizontal                 S.ST.       Stainless Steel
                                  HR.          Hour                       S.SK.       Service Sink
BD.        Board                  HGT.         Height                     STA.        Station
BITUM.     Bituminous                                                     STD.        Standard
BLDG.      Building               I.D.         Inside Diameter            STL.        Steel
BLK.       Block                               (Dm)                       STOR.       Storage
BLKG.      Blocking               INSUL.       Insulation                 STRL.       Structural
BM.        Beam                   INT.         Interior                   SUSP.       Suspended
BOT.       Bottom                                                         SYM.        Symmetrical
                                  JAN.         Janitor
CAB.       Cabinet                JT.          Joint                      TRD.        Tread
CB.        Catch Basin                                                    TB.         Tower Bar
CEM.       Cement                 KIT.         Kitchen                    T.C.        Top of Curb
CER.       Ceramic                                                        TEL.        Telephone
C.I.       Cast Iron              LAB.         Laboratory                 TER.        Terrazo
C.G.       Corner Guard           LAM.         Laminate                   T.&G.       Tongue & Groove
CLG.       Ceiling                LAV.         Lavatory                   THK.        Thick
CLKG.      Caulking               LKR.         Locker                     T.P.        Top of Pavement
CLO.       Closet                 LT.          Light                      T.P.D.      Toilet Paper
CLR.       Clear                                                                      Dispenser
CO.        Cased Opening          MAX.         Maximum                    T.V.        Television
COL.       Column                 M.C.         Medicine Cabinet           T.W.        Top of Wall
CONC.      Concrete               MECH.        Mechanical                 TYP.        Typical
CONN.      Connection             MEMB.        Membrane
CONSTR.    Construction
CONT.      Continuous             MET.         Metal                      UNF.        Unfinished
CORR.      Corridor               MFR.         Manufacturer               U.O.N.      Unless Otherwise
CTSK.      Countersunk            MH.          Manhole                                Noted
CNTR.      Counter                MIN.         Minimum                    VERT.       Vertical
CTR.       Center                 MIR.         Mirror                     VEST.       Vestibule
DBL.       Double                 MISC.        Miscellaneous
DEPT.      Department             M.O.         Masonry Opening            W.          West
D.F.       Drinking Fountain      MTD.         Mounted                    W/          With
DET.       Detail                 MUL.         Mullion                    W.C.        Water Closet
DIA.       Diameter               N.           North                      WD.         Wood
DIM.       Dimension              N.I.C.       Not in Contract            W/O         Without
DISP.      Dispenser              NO. or #     Number                     WP          Waterproof
DN.        Down                   NOM.         Nominal                    WSCT.       Wainscot
D.O.       Door Opening           N.T.S.       Not To Scale               WT/         Weight
DR.        Door
DWR.       Drawer                 O.A.         Overall
D.S.       Down Spout             OBS.         Obscure
D.S.P.     Dry Standpipe          O.C.         On Center
DWG.       Drawing                O.D.         Outside Diameter
                                  OFF.         Office
E.         East                   OPNG.        Opening
EA.        Each                   OPP.         Opposite
E.J.       Expansion Joint
EL.        Elevation              PRCST.       Pre-cast
ELEC.      Electrical             PL.          Plate
ELEV.      Elevator               P.LAM.       Plastic Laminate
EMER.      Emergency              PLAS         Plaster
ENCL.      Enclosure              PLYWD.       Plywood
E.P.       Electrical Panel       PR.          Pair
           board
EQ.        Equal                  PT.          Point
EQPT.      Equipment              P.T.D.       Paper Towel
E.W.C.     Electric Water                      Dispenser
           Cooler                 P.T.D/R      Combination Paper
EXST.      Existing                            Towel Dispenser &
EXPO.      Exposed                             Receptacle
EXP.       Expansion              PTN.         Partition
EXT.       Exterior               P.T.R.       Paper Towel
                                               Receptacle
F.A.       Fire Alarm
F.B.       Flat Bar               Q.T.         Quarry Tile
F.D.       Floor Drain
FDN.       Foundation             R.           Riser
F.E.       Fire Extinguisher      RAD.         Radius
F.E.C.     Fire Extinguisher      R.D.         Roof Drain
           Cab.                   REF.         Reference
F.H.C.     Fire Hose Cabinet      REFR.        Refrigerator
FIN.       Finish                 RGTR.        Register
FL.        Floor                  REINF.       Reinforced
FLASH.     Flashing               REQ.         Required
FLUOR.     Fluorescent            RESIL.       Resilient
F.O.C.     Face of Concrete       RM.          Room
F.O.F.     Face of Finish         R.O.         Rough Opening
F.O.S.     Face of Studs          RWD.         Redwood
FRPF.      Fireproof              R.W.L.       Rain Water
F.S.       Full Size                           Leader
</Table>

--------------------------------------------------------------------------------
SCOPE OF WORK
--------------------------------------------------------------------------------

<Table>
<S>                         <C>
XX                           COLUMN CENTERLINES

                             DETAIL NUMBER
XX/XA0.0                     DETAIL REFERENCE
                             SHEET NUMBER

      N
W  XX/XA0.0  E               INTERIOR ELEVATION - DIRECTIONAL
      S                      ORIENTATION

X                            SHEET NOTE REFERENCE

X                            ISSUE NUMBER

X                            REVISION

                             ALIGN FINISH SURFACES

------CL                     CENTERLINE

                             N.I.C. (BUILDING CORE)

                             N.I.C. (BUILDING SHELL)

                             N.I.C. (UNIMPROVED TENANT SPACE)

                             EXISTING MILLWORK

                             NEW MILLWORK PLAN

                             NEW MILLWORK CUSTOM

(E)                          DENOTES EXISTING

(R)                          DENOTES RELOCATED

(N)                          DENOTES NEW
</Table>

--------------------------------------------------------------------------------
NOTES TO PLAN CHECK
--------------------------------------------------------------------------------

A. SCOPE OF WORK:

THIS TENANT IMPROVEMENT INVOLVES THE MINOR REMODEL OF AN EXISTING OFFICE ON THE
15TH FLOOR OF 2000 POWELL STREET. THE PROJECT INCLUDES EXPANDING THE NETWORK
ROOM, ADDITION OF ONE OFFICE, REMODEL OF ANOTHER OFFICE AND A TRAINING ROOM. ALL
WORK SHALL BE IN FULL COMPLIANCE WITH ALL APPLICABLE FEDERAL, STATE AND LOCAL
CODES.

B. OCCUPANCY:

EXISTING OCCUPANCY: B - OFFICE. THIS PROJECT DOES NOT CHANGE THE EXISTING
OCCUPANCY.

C. NON-INFRINGEMENT STATEMENTS:

1. THE PROPOSED CONSTRUCTION IS IN COMPLIANCE WITH APPLICABLE STATE LAWS AND
LOCAL ORDINANCES.
2. THIS IMPROVEMENT DOES NOT ALTER THE BUILDING'S PRIMARY VERTICAL OR LATERAL
LOAD CARRYING STRUCTURAL ELEMENTS.
3. THE PROPOSED CONSTRUCTION DOES NOT INFRINGE UPON THE EXISTING LIFE SAFETY
SYSTEM FOR THIS BUILDING.

D. LATERAL STABILIZATION:

THE ACOUSTICAL CEILING SYSTEM AND RELATED PARTITION, ELECTRICAL AND MECHANICAL
BRACING SHALL BE IN COMPLIANCE WITH UBC STANDARD 25-2.

E. LIFE SAFETY SYSTEM:

1. SPRINKLERS: THIS BUILDING IS PROTECTED BY A FULLY MONITORED AND AUTOMATIC
SPRINKLER SYSTEM WHICH WILL BE MODIFIED FOR THIS NEW PARTITION LAYOUT. THE
DESIGN/BUILD SUBCONTRACTOR WILL PREPARE DRAWINGS AND FILE FOR SPRINKLER
MODIFICATION BUILDING PERMIT.

2. ALARM SYSTEM: THIS BUILDING IS PROTECTED BY A FULLY MONITORED AND AUTOMATIC
ALARM ANNUNCIATION SYSTEM CONSISTING OF STROBES, HORNS AND SPEAKERS, WHICH WILL
BE SPECIFICALLY MODIFIED FOR THIS NEW PARTITION LAYOUT. THE DESIGN/BUILD
SUBCONTRACTOR WILL PREPARE DRAWINGS AND FILE FOR SPRINKLER MODIFICATION BUILDING
PERMIT.

F. SUPPORT DRAWINGS:

A SEPARATE SET OF DRAWINGS WILL BE FILED FOR BUILDING PERMIT BY THE DESIGN/BUILD
SUBCONTRACTORS FOR HVAC, ELECTRICAL, AND FIRE ALARM WORK ASSOCIATED WITH THIS
PROJECT.

G. EXITING:

THE EXIT SEPARATION IS GREATER THAN HALF THE MAXIMUM DIAGONAL DISTANCE OF THE
SUITE. EACH EXIT LEADS TO A FULLY RATED 1-HOUR CORRIDOR WHICH CONNECTS TO BOTH
EXIT STAIRS.

--------------------------------------------------------------------------------
PROJECT DIRECTORY
--------------------------------------------------------------------------------

TENANT:        ZIP REALTY                         (510) 5965-2800
               1401 MARINA WAY SOUTH              FAX: 237-2645
               RICHMOND, CA 94804

               JOE TRIFOGLIO
               KURT WAAG

BUILDING       EQUITY OFFICE PROPERTIES           (510) 594-5600
MANAGEMENT:    2200 POWELL ST, SUITE 200          FAX: 594-5608
               EMERYVILLE, CA 94608

               DANEA ADAMS

ARCHITECT:     BRERETON ARCHITECTS                (405) 546-1212
               120 HOWARD ST, PENTHOUSE           FAX: 546-3932
               SAN FRANCISCO, CA 94105

               RHEA BUTLER

CONTRACTOR:    WILCOX & COMPANY, INC.             (925) 256-5900
               1243 ALPINE ROAD, SUITE 221        FAX: 256-5903
               WALNUT CREEK, CA 94596

               ROD ADAMS

ELECTRICAL:    BAXTER ELECTRIC                    (925) 867-1001
               PO BOX 23306                       FAX: 867-2728
               PLEASANT HILL, CA 94523

               KEVIN BAXTER

HVAC:          LINFORD/ENCOMPASS                  (510) 618-3100
               2952 ALVARADO STREET               FAX: 618-3142
               SAN LEANDRO, CA 94577

               PATTI SPIVEY

--------------------------------------------------------------------------------
BUILDING INFORMATION
--------------------------------------------------------------------------------

LOCATION:                (EXISTING BUILDING)
                         2000 POWELL STREET
                         SUITE 1555
                         EMERYVILLE, CA

ASSESSORS PARCEL NO.:    000/000/000

OCCUPANCY:               B, OFFICE (NO CHANGE)

OCCUPANCY LOAD:

<Table>
<S>            <C>       <C>       <C>
OFFICE:        11,030    SF/100    110
CONF:          865       SF/15     57
TRAINING:      890       SF/20     44
STORAGE:       159       SF/300    1
ACCESSORY:     504       SF/0      0
------------------------------------------
TOTAL          13,448              212
</Table>

EXIT REQUIRED:      2
EXIT PROVIDED:      4

CONSTRUCTION TYPE:       TYPE 1, HIGHRISE WITH FULL LIFE
                         SAFETY & FULLY AUTOMATIC
                         SPRINKLER SYSTEM

INTERIOR CONSTRUCTION:   NON COMBUSTIBLE

RETURN AIR PLENUM:       FIRE RATED NON COMBUSTIBLE

AUTOMATED FIRE:          ENTIRE BUILDING IS PROVIDED WITH
SPRINKLER SYSTEM         FULLY AUTOMATIC & MONITORED
                         SPRINKLER SYSTEM IN ACCORD WITH
                         THE NFPA PAMPHLET 13 & ALAMEDA
                         COUNTY FIRE DEPT.
FIRE ALARMS:             STROBE, SPEAKERS AND HORNS
                         THROUGHOUT IN ACCORD WITH THE
                         NFPA 72 & ALAMEDA COUNTY FIRE
                         DEPT.

NUMBER OF STORIES:       15

PROJECT AREAS:           SUITE:     13,448 SQ. FT.
                         FLOOR:     23,900 SQ. FT.
                         BUILDING: 350,000 SQ. FT.

ENERGY/METHOD:           LIGHTING COMPLIANCE, SEE
                         DESIGN/BUILD DRAWINGS

ALL WORK SHALL FULLY COMPLY WITH & NOT BE LIMITED TO:
A. 1997 UBC/1998 CALIFORNIA BUILDING CODE
B. 1997 UMC/1998 CALIFORNIA MECHANICAL CODE
C. 1997 UPC/1998 CALIFORNIA PLUMBING CODE
D. 1997 NEC/1998 CALIFORNIA ELECTRICAL CODE
E. 1996 NFPA
F. CITY OF EMERYVILLE MUNICIPAL CODES
G. ALAMEDA COUNTY FIRE DEPARTMENT

[FLOOR PLAN GRAPHIC]

--------------------------------------------------------------------------------
INDEX OF DRAWINGS
--------------------------------------------------------------------------------
ARCHITECTURAL
-------------

15A0.0  COVER SHEET
15A0.3  GENERAL NOTES
15A2.0  DEMOLITION PLAN
15A2.1  CONSTRUCTION PLAN
15A2.2  REFLECTED CEILING PLAN
15A2.3  POWER & SIGNAL PLAN
15A2.4  FINISH PLAN
15A6.2  FRAMING, CEILING & MISC. DETAILS
15A6.3  DOOR & HARDWARE SCHEDULE & DETAILS

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

ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA

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

[BRERETON ARCHITECT LOGO]

Architecture Planning
Interior Architecture

120 Howard, Penthouse
San Francisco CA 94105
415 546 1212
    546 3932 fax

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

Architectural Stamp

[NICHOLAS BRERETON LOGO]

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

Consultant:

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MANAGED & LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St. Suite 200
Emeryville, CA 94808
510.594.5800

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Issue/Revision:

<Table>
<Caption>
     Proj. No.
No.  Date:          Description
---  ---------      -------------------------------------
<S>  <C>            <C>
1    21191.00       ISSUE FOR REVIEW
     10.24.01
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</Table>

Copyright Statement:

All drawings and written material appearing herein
constitute original and unpublished original work of
the architect and may not be duplicated, used, or
disclosed without prior written consent of the architect.

(C) Brereton Architects
    A California Corporation

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

Owner Approval:

     ----------------------------------------------------------------
     Name

     ----------------------------------------------------------------
     City/State                              Date

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Sheet Title

COVER
SHEET

15th FLOOR

Scale:   AS NOTED
       ------------

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

Sheet No.
      15A0.0

   Of      Sheets                            Date:  10.19.01
--    ----                                        ------------------------------

<PAGE>
DEMOLITION PLAN NOTES

1.  COMPLY WITH APPLICABLE LOCAL, STATE AND FEDERAL CODES, ORDINANCES AND
    REGULATIONS PERTAINING TO SAFETY OF PERSONS, PROPERTY AND ENVIRONMENTAL
    PROTECTION.

2.  REMOVE DESIGNATED PARTITIONS, COMPONENTS, BUILDING EQUIPMENT AND FIXTURES AS
    REQUIRED TO ALLOW FOR NEW WORK.

3.  REMOVE ABANDONED MECHANICAL EQUIPMENT, DUCTWORK, ELECTRICAL AND PLUMBING
    LINES BACK TO THEIR PRIMARY SOURCE OR AS DIRECTED OTHERWISE. COORDINATE ALL
    WORK WITH THE MECHANICAL ENGINEER PRIOR TO DEMOLITION. CAP AND IDENTIFY
    EXPOSED UTILITIES. ARRANGE AND PAY FOR DISCONNECTING, REMOVING AND CAPPING
    UTILITY SERVICES WITHIN AREAS OF DEMOLITION. NOTIFY PROPERTY MANAGER AND
    AFFECTED UTILITY COMPANY IN ADVANCE AND OBTAIN APPROVAL BEFORE STARTING THIS
    WORK. MAINTAIN UTILITIES TO ALL REMAINING OCCUPIED AREAS AT ALL TIMES.
    COORDINATE THEIR TEMPORARY DISRUPTION WITH THE TENANT AND PROPERTY MANAGER.

4.  REPAIR ALL DEMOLITION PERFORMED IN EXCESS OF THAT REQUIRED SHALL BE AT NO
    COST TO THE TENANT OR OWNER.

5.  THE DESIGNER IS NOT AWARE OF ANY ASBESTOS CONTAINING MATERIALS ON THIS
    FLOOR. THE CONTRACTOR SHALL DETERMINE THE EXTENT OF SUCH MATERIALS ON THE
    SITE AND TAKE PROPER MEASURES FOR ITS REMOVAL OR ENCAPSULATION. ALL VINYL
    TILE, IF APPLICABLE, SHALL BE ENCAPSULATED BY COVERING WITH CARPET OR NEW
    VINYL TILE. ALL WORK SHALL STRICTLY ADHERE TO BUILDING MANAGEMENT'S ASBESTOS
    MANAGEMENT POLICIES, BAY AREA AIR QUALITY MANAGEMENT REGULATIONS, CAL/OSHA
    ASBESTOS REGULATIONS, CAL/OSHA RESPIRATORY PROTECTION REGULATIONS, ASSEMBLY
    BILL 2040 AND EPA NATIONAL EMISSION STANDARDS FOR HAZARDOUS AIR POLLUTANTS
    AND ASBESTOS REMOVAL REGULATIONS. ALL WORK SHALL BE UNDERTAKEN BY QUALIFIED
    AND APPROVED SUBCONTRACTORS UNDER THE SUPERVISION OF THE OWNER'S CONSULTANT.
    ONLY SPECIFICALLY TRAINED PERSONNEL MAY PERFORM WORK ON A LIMITED
    PROCEDURES' BASIS AND ONLY WITH ADEQUATE SUPERVISION. CONTRACTORS SHALL
    THOROUGHLY COORDINATE ASBESTOS REMOVAL WORK WITH OTHER WORKERS AND PROPERTY
    MANAGER.

6.  THE DESIGNER HAS NO INFORMATION TO CONFIRM OR NOT THE EXISTENCE OF PCB'S IN
    THE LIGHT FIXTURE. PRIOR TO DISPOSAL OF ANY BALLAST, CONFIRM IF THE BALLASTS
    CONTAIN PCB'S AND DISPOSE OF IN STRICT ACCORD WITH THE MATERIALS REFERENCED
    ABOVE.

7.  MAINTAIN FREE AND SAFE PASSAGE TO AND FROM CONSTRUCTION AREA AND ADJACENT
    BUILDING AREAS. DO NOT OBSTRUCT EXIT PASSAGES AT ANY TIME. PROVIDE AND
    MAINTAIN BARRICADES, GUARDRAILS AND LIGHTING AS REQUIRED TO PROTECT BUILDING
    OCCUPANTS, VISITORS AND WORKERS. PROVIDE AND USE PROTECTIVE DEVICES AS
    APPROPRIATE WHENEVER WORKING IN COMMON AREAS: LOBBIES, CORRIDORS, ELEVATORS,
    ETC., OVER PERSONNEL, EQUIPMENT OR FURNITURE REMAINING IN ALL AREAS. PROVIDE
    OUTSIDE CORNER PROTECTION IN ALL COMMON AREAS THROUGHOUT THE PROJECT'S
    DURATION.

8.  PREVENT MOVEMENT OR SETTLEMENT OF STRUCTURES. PROVIDE AND PLACE BRACING OR
    SHORING AND BE RESPONSIBLE FOR SAFETY AND SUPPORT OF STRUCTURE. ASSUME
    LIABILITY FOR SUCH MOVEMENT, SETTLEMENT, DAMAGE OR INJURY.

9.  DUST AND DEBRIS MUST NOT BE ALLOWED TO ENTER THE SUPPLY OR RETURN AIR
    SYSTEM. TAPE OFF ALL EQUIPMENT OR DUCT OPENINGS DURING CONSTRUCTION AND
    REMOVE ONCE DUST IS NO LONGER BEING GENERATED. PROVIDE ALL NEW FILTERS FOR
    ALL MECHANICAL HVAC EQUIPMENT PRIOR TO THEIR START-UP.

10. CAREFULLY SALVAGE AND STORE AS DIRECTED BY PROPERTY MANAGER FOR
    RE-INSTALLATION THE FOLLOWING MATERIALS AND EQUIPMENT. DISPOSE OF ANY
    SALVAGED MATERIALS AND EQUIPMENT AS DIRECTED AFTER THE PROJECTS COMPLETION.

    A.  LIGHT FIXTURES
    B.  PLUMBING FIXTURES
    C.  DOORS
    D.  FIRE EXTINGUISHERS AND THEIR CABINETS

11. REMOVE FROM SITE AND LEGALLY DISPOSE REGULARLY ALL REFUSE, DEBRIS, RUBBISH
    AND OTHER MATERIALS RESULTING FROM DEMOLITION OPERATIONS. IN OCCUPIED AREAS,
    CLEAN AND DISPOSE OF MATERIALS DAILY. REMOVE TOOLS AND EQUIPMENT FROM SITE
    UPON COMPLETION OF WORK. LEAVE AREAS AND SITE BROOM SWEPT, ORDERLY AND IN
    CONDITION ACCEPTABLE FOR CONSTRUCTION.

GENERAL CONSTRUCTION NOTES

1.  THE CONTRACT DOCUMENTS INCLUDE THE FOLLOWING:

    A.  THE AGREEMENT BETWEEN THE OWNER AND THE CONTRACTOR.
    B.  A.I.A. DOCUMENT 201, GENERAL CONDITIONS FOR THE PERFORMANCE OF A
        CONTRACT.
    C.  NOT USED.
    D.  NOT USED.
    E.  CONSTRUCTION DRAWINGS.
    F.  MODIFICATION (BULLETINS, AS ISSUED.)

2.  ALL WORK SHALL BE IN STRICT CONFORMANCE WITH THE LATEST FEDERAL, STATE AND
    LOCAL LAWS AND ORDINANCES HAVING JURISDICTION INCLUDING THEIR MOST RECENT
    REVISIONS, ADDITIONS, AMENDMENTS AND INTERPRETATIONS. ALL WORK SHALL CONFORM
    WITH TITLE 24 REGULATIONS AND FEDERAL ADA LAW FOR ACCESS BY THE DISABLED.

3.  ALL WORK SHALL BE IN STRICT CONFORMANCE WITH THE BUILDING RULES AND
    REGULATIONS AS PREPARED BY BUILDING MANAGEMENT. COORDINATE ACCESS TO THE
    BUILDING, PROTECTION OF FINISHES AND USE OF ELEVATORS WITH THE BUILDING
    PROPERTY MANAGER.

4.  ALL WORK SHALL CONFORM WITH THE "BUILDING STANDARD" CONSTRUCTION ESTABLISHED
    FOR THE BUILDING, MATCHING EXISTING, UNLESS OTHERWISE NOTED. THE CONTRACTOR
    IS REFERRED TO THE BUILDING SHELL CONSTRUCTION DRAWINGS TO WHICH THESE
    DRAWINGS ARE INTENDED TO BE COMPLIMENTARY. DISCREPANCIES AND INCONSISTENCIES
    SHALL BE BROUGHT TO THE ATTENTION OF THE ARCHITECT PRIOR TO CONSTRUCTION.

5.  DO NOT SUBSTITUTE, REVISE, OR CHANGE THE WORK WITHOUT THE WRITTEN CONSENT OF
    THE ARCHITECT AND OWNER. DO NOT PROCEED WITH WORK REQUIRING ADDITIONAL
    COMPENSATION UNTIL APPROVED IN WRITING.

6.  WORK AREAS SHALL REMAIN SECURE AND LOCKABLE DURING CONSTRUCTION. CONTRACTOR
    SHALL COORDINATE WITH TENANT AND OWNER TO ENSURE SECURITY.

7.  PROVIDE PROJECT INTERFACE AND COORDINATION OF ALL TRADES, CRAFTS, WORK "BY
    OTHERS" AND SUBCONTRACTORS TO COMPLETE THE WORK AND THE PROJECT AS REQUIRED
    BY THE CONSTRUCTION DRAWINGS WHETHER SPECIFICALLY SHOWN ON THE DRAWINGS OR
    NOT.

8.  ALL WORK NOTED "BY OTHERS" IS TO BE ACCOMPLISHED BY A CONTRACTOR OTHER THAN
    THE GENERAL CONTRACTOR AND IS NOT TO BE PART OF THE CONSTRUCTION AGREEMENT.
    THE GENERAL CONTRACTOR IS TO COOPERATE AND COORDINATE WITH THE WORK OF THE
    "OTHER" CONTRACTORS AS REQUIRED. A PARTIAL LIST OF WORK TO BE PERFORMED "BY
    OTHERS" IS AS FOLLOWS:

    A.  TELEPHONE/DATA/COMMUNICATIONS INSTALLATION
    B.  FURNITURE INSTALLATION

9.  THE SCOPE OF WORK AND ADJACENT AREAS, INCLUDING THE PATH OF TRAVEL TO THE
    SUITE THROUGH THE LOBBY, ELEVATORS AND CORRIDOR, SHALL BE PROTECTED FROM ANY
    DAMAGE THAT OCCURS BECAUSE OF THIS WORK. PROTECT OUTSIDE CORNERS OF ALL
    PUBLIC AREAS IN PATH OF TRAVEL AND ELEVATOR JAMB EDGES. ANY DAMAGE THAT
    OCCURS SHALL BE THE RESPONSIBILITY OF THE CONTRACTOR.

10. THE CONTRACTOR SHALL EXAMINE, READ AND BE THOROUGHLY FAMILIAR WITH ALL THE
    CONTRACT DOCUMENTS, AS DEFINED IN THE CONSTRUCTION AGREEMENT GENERAL
    CONDITIONS. SHOULD THE CONTRACTOR FIND DISCREPANCIES IN OR OMISSIONS FROM
    THE DRAWINGS AND SPECIFICATIONS OR OTHER CONTRACT DOCUMENTS, OR SHOULD BE IN
    DOUBT AS TO THEIR INTENT OR MEANING, HE SHALL NOTIFY THE ARCHITECT
    IMMEDIATELY FOR CLARIFICATION OR INTERPRETATION.

11. INFORMATION GIVEN HEREIN AND ON THE DRAWINGS HAS OBTAINED FROM DATA
    AVAILABLE TO THE ARCHITECT AT THE TIME OF DESIGN, BUT ACCURACY CANNOT BE
    GUARANTEED. DRAWINGS AND SPECIFICATIONS ARE INTENDED FOR ASSISTANCE AND
    GUIDANCE, BUT EXACT DIMENSIONS AND ELEVATIONS SHALL BE GOVERNED BY ACTUAL
    CONDITIONS AT THE SITE AND SHALL BE CHECKED BY THE CONTRACTOR.

12. CONTRACT DRAWINGS ARE COMPLIMENTARY; WHAT IS SHOWN OR REFERENCED TO ON ANY
    SHALL BE PROVIDED AS THOUGH SHOWN ON ALL.

13. PRIOR TO SUBMITTING HIS PROPOSAL, THE CONTRACTOR SHALL EXAMINE THE SITE,
    COMPARE IT WITH DRAWINGS AND SPECIFICATIONS AND SATISFY HIMSELF AS TO THE
    CONDITIONS UNDER WHICH WORK IS TO BE PERFORMED. AT THAT TIME HE SHALL
    ASCERTAIN AND CHECK LOCATION OF EXISTING STRUCTURES OR EQUIPMENT WHICH MAY
    AFFECT HIS WORK. HE SHALL ACQUAINT HIMSELF WITH ALL CONDITIONS RELATING TO
    THE CONSTRUCTION AND COMPLETION OF THE PROJECT AND THE EMPLOYMENT OF LABOR
    THEREON. NO ALLOWANCES SHALL BE SUBSEQUENTLY MADE IN HIS BEHALF FOR ANY
    EXPENSE TO WHICH HE MAY BE PUT DUE TO FAILURE OR NEGLECT ON HIS PART TO MAKE
    SUCH AN EXAMINATION. FAILURE TO DO SO SHALL NOT RELIEVE THE CONTRACTOR OF
    HIS OBLIGATIONS TO FURNISH ALL EQUIPMENT, MATERIALS, LABOR AND SERVICES
    NECESSARY TO CARRY OUT THE PROVISIONS OF THE CONTRACT.

14. CONFIRM DURING THE PRICING PERIOD, ON SITE DELIVERY DATES OF ALL MATERIALS
    SPECIFIED IN THE CONTRACT DOCUMENTS AND IMMEDIATELY NOTIFY THE ARCHITECT IN
    WRITING OF POTENTIAL DELAYS TO THE COMPLETION DATE OF THE PROJECT.

15. VERIFY, DURING THE BID PERIOD, ACCESS TO THE JOB SITE, FREIGHT ELEVATOR USE
    SCHEDULE, FREIGHT ELEVATOR SIZE INCLUDING HEIGHT (IF APPLICABLE), DEPTH AND
    WIDTH, CLEARANCES INTO AND OUT OF THE BUILDING AND JOB SITE.

16. THE CONTRACTOR SHALL SUBMIT A DETAILED CONSTRUCTION SCHEDULE INDICATING EACH
    ACTIVITY, THEIR DURATION, THE SUBMITTAL PERIOD AND THE TIME WHEN WORK "BY
    OTHERS" IS TO BE COMPLETED. CONTRACTOR SHALL INDICATE COORDINATION WITH AND
    DELIVERY OF ALL LONG LEAD TIME ITEMS: FINISHES, LIGHT FIXTURES, HARDWARE,
    ETC.

17. SUBMIT, AS A MINIMUM, THE FOLLOWING CONTRACTOR SUPPLIED ITEMS:

    A.  ALL REQUIRED CONSTRUCTION DOCUMENTS BY GOVERNING AGENCIES WITH
        SUBSTANTIATING COMPLIANCE REQUIREMENTS: C.A.C. TITLE 24 DOCUMENTATION,
        SPRINKLER PLANS AND CALCULATIONS, HVAC DISTRIBUTION PLANS, ETC.
    B.  MILLWORK SHOP DRAWINGS.
    C.  DOOR AND HARDWARE SCHEDULES.
    D.  LIGHT FIXTURE MANUFACTURER'S LITERATURE.
    E.  SAMPLES OF EACH FINISH, 8-1/2" X 11" IN SIZE.
    F.  PLUMBING, APPLIANCE AND EQUIPMENT MANUFACTURER'S LITERATURE.

18. SUBMIT THE SCHEDULES, SHOP DRAWINGS, MOCK-UPS, SAMPLES AND OTHER REQUIRED
    SUBMITTALS IN A TIMELY FASHION SO AS NOT TO DELAY THE CONSTRUCTION. ALLOW
    THE ARCHITECT SUFFICIENT TIME, A MINIMUM OF 5 WORKING DAYS, TO REVIEW AND
    COMMENT ON THE SUBMITTAL. WHERE SHOP DRAWINGS ARE REQUIRED SUBMIT TWO SETS
    OF PRINTS AND ONE SET OF REPRODUCIBLE SEPIA DRAWINGS TO THE ARCHITECT FOR
    REVIEW PRIOR TO THE COMMENCEMENT OF FABRICATION OR PLACING ORDERS. ALONG
    WITH FINISH SAMPLES FOR PUBLIC AREAS, CONTRACTOR SHALL INCLUDE
    MANUFACTURER'S LITERATURE PROVIDING EVIDENCE OF THEIR COMPLIANCE WITH FIRE
    AND BUILDING CODES AND REGULATIONS REGARDING FLAME SPREAD, SMOKE, DENSITY,
    ETC.

19. SCHEDULE AND PERFORM THE WORK DURING NORMAL BUSINESS HOURS, EXCEPT AS
    SPECIFIED BELOW OR OTHERWISE APPROVED IN ADVANCE BY THE BUILDING PROPERTY
    MANAGER.

    A.  SCHEDULE AND PERFORM THE WORK SO THAT OTHER TENANTS IN THE BUILDING WILL
        NOT BE DISTURBED AND DAMAGE TO EXISTING WORK OUTSIDE OF THE PROJECT AREA
        WILL NOT OCCUR. NO WORK IS TO BE DONE IN OTHER TENANT AREAS, UNLESS
        OTHERWISE NOTED.
    B.  CONTRACTOR SHALL BE RESPONSIBLE FOR SCHEDULING ACCESS INTO ADJACENT
        TENANT SPACES WITH THE BUILDING PROPERTY MANAGER AS REQUIRED. CONTRACTOR
        SHALL INCLUDE IN THEIR BASE BID OVERTIME CONSTRUCTION WORK IN ADJACENT
        OCCUPIED TENANT AREAS, UNLESS SPECIFICALLY APPROVED OTHERWISE IN WRITING
        BY OWNER.
    C.  PROVIDE PROTECTION TO ALL EXISTING FINISHES IN BUILDING LOBBY ELEVATORS,
        PUBLIC CORRIDORS, ETC. CONTRACTOR SHALL BE RESPONSIBLE FOR ANY DAMAGE
        CAUSED BY HIMSELF OR HIS SUBCONTRACTORS.

20. DEFINITIONS:

    A.  "ALIGN" MEANS TO ACCURATELY LOCATE FINISH FACES IN THE SAME PLANE
        WITHOUT EVIDENCE OF ADDITION.
    B.  "TYPICAL" MEANS IDENTICAL FOR ALL CONDITIONS, UNLESS OTHERWISE NOTED.
        NOTE THAT ITEMS NOTED "TYPICAL" ARE USUALLY KEYED ONLY ONCE, WHERE THEY
        FIRST OCCUR AND ARE REPRESENTATIVE OF SIMILAR CONDITIONS THROUGHOUT.
    C.  "OR EQUAL" MEANS ANY PRODUCT, APPROVED IN WRITING, THAT COMPLIES WITH
        THE SPECIFICATIONS OF THE MATERIAL SPECIFIED IN DETAIL.
    D.  "SIMILAR" MEANS COMPARABLE CHARACTERISTICS FOR THE CONDITION NOTED.
        VERIFY DIMENSIONS AND ORIENTATIONS.
    E.  "FURNISH" MEANS "SUPPLY".
    F.  "INSTALL" MEANS "CONNECT IN PLACE AND ADJUST FOR USE".
    G.  "PROVIDE" MEANS "FURNISH AND INSTALL".
    H.  "FINISHED FLOOR" MEANS "TOP OF FLOOR SLAB" AT CARPETED AREAS AND "TOP OF
        FLOOR FINISH" AT AREAS WITH WOOD FLOORING OR RESILIENT TILE.

21. MAINTAIN STRICT CONTROL OF DUST AND DEBRIS EMANATING FROM THE PROJECT AREA.
    KEEP PROJECT AREA BROOM CLEAN AND CLEAR OF ANY DEBRIS DAILY. NO TOOLS AND
    MATERIALS SHALL BE LEFT UNATTENDED AT ANY TIME IN ANY FINISHED PUBLIC LOBBY
    OR CORRIDOR.

22. INSTALL DUCT SEALS OVER FAN CORE AND VAV UNITS, RETURN AIR OPENINGS, ETC.
    REMOVE THESE SEALS ONLY AFTER DUST GENERATION AND SANDING WORK HAS BEEN
    COMPLETED.

23. MAINTAIN ALL BUILDING SECURITY, FIRE ALARM AND FIRE PROTECTION SYSTEMS AT
    ALL TIMES. MAINTAIN ALL UTILITIES TO ALL ADJACENT TENANT SPACES AT ALL
    TIMES.

24. CASEWORK SHALL BE PLASTIC LAMINATE, FLUSH OVERLAY CONSTRUCTION. PROVIDE
    PLASTIC LAMINATE ON ALL EXPOSED SURFACES. ALL ENCLOSED SURFACES AND SHELVING
    MAY BE EDGE BANDED MELAMINE. ALL HARDWARE SHALL BE POLISHED CHROME. PROVIDE
    STANDARD GROMMETS ABOVE POWER, DATA OR PHONE OUTLETS AT ALL WORK COUNTERS
    AND AS I INDICATED ON THE DRAWINGS. REFER TO CASEWORK INDICATED ON THE
    CONSTRUCTION DRAWINGS. SUBMIT MILLWORK SHOP DRAWINGS TO THE ARCHITECT FOR
    HIS APPROVAL PRIOR TO CONSTRUCTION, FIELD VERIFY ALL DIMENSIONS AND
    COORDINATE WITH ALL TENANT EQUIPMENT. NO ADDITIONAL EXPENSE WILL BE INCURRED
    BY THE OWNER OR TENANT FOR LACK OF COORDINATION IN THESE MATTERS.

25. PROVIDE ALL ADDITIONAL COMPONENTS, MISCELLANEOUS METAL, BRACING, BLOCKING,
    CLIPS, ETC. AS REQUIRED TO PROPERLY ANCHOR, FASTEN OR ATTACH MATERIALS,
    EQUIPMENT, APPLIANCES, HARDWARE, SYSTEMS AND ASSEMBLIES TO THE STRUCTURE.

26. UPON SUBSTANTIAL COMPLETION OF THE WORK, NOTIFY THE OWNER TO PREPARE A
    "PUNCH LIST" OF OUTSTANDING ITEMS, UNSATISFACTORY OR INCOMPLETE WORK
    REQUIRING CORRECTION OR REMEDY. FINAL PAYMENT WILL BE CONTINGENT UPON
    COMPLETION OF THESE ITEMS IN ACCORD WITH THE OWNER-CONTRACTOR AGREEMENT.

27. CONTRACTOR SHALL PROVIDE TWO COMPLETE "RECORD DRAWINGS" SETS FOR HVAC,
    ELECTRICAL, FIRE PROTECTION, LIFE SAFETY, SPRINKLER AND PLUMBING WORK, ONE
    TO THE BUILDING PROPERTY MANAGER AND ONE TO THE ARCHITECT WITHIN ONE MONTH
    AFTER COMPLETION. INCLUDE ALL MANUFACTURERS INSTRUCTIONS, MAINTENANCE
    PROCEDURES, ETC., OF ALL SPECIAL EQUIPMENT INSTALLED, I.E. FAN COIL UNITS,
    HALON PROTECTION SYSTEMS, ETC.

27. ALL WELDING/CUTTING OPERATIONS SHALL NOT BE CONDUCTED UNLESS A PERMIT HAS
    BEEN OBTAINED AND/OR APPROVAL HAS BEEN GRANTED BY THE FIRE DEPARTMENT.

PARTITION PLAN NOTES

1.  REFER TO THE GENERAL CONSTRUCTION NOTES FOR ITEMS WHICH AFFECT AND SHALL
    APPLY TO ALL ASPECT OF THIS PROJECT. COMPLY WITH THE CONSTRUCTION
    SPECIFICATIONS CONTAINED IN THE SUMMARY TENANT IMPROVEMENT STANDARDS.

2.  CUT AND FIT COMPONENTS OF EXISTING WORK AS REQUIRED TO INSTALL NEW WORK.
    PROTECT FROM DAMAGE ALL MATERIALS NOT REQUIRED TO BE REMOVED OR DEMOLISHED.
    RESTORE SURFACES DISTURBED BY DEMOLITION TO ORIGINAL CONDITION. PATCH
    SURFACES, VISIBLE AFTER DEMOLITION TO MATCH ADJACENT FINISH CONDITION.

3.  DETAILS ARE USUALLY KEYED AND NOTED "TYPICAL" ONLY ONCE WHEN THEY FIRST
    OCCUR AND ARE USUALLY REPRESENTATIVE OF SIMILAR CONDITIONS THROUGHOUT.

4.  LAYOUT PARTITIONS AS NOTED ON DRAWING. BEFORE PERFORMING ANY WORK, THE
    CONTRACTOR SHALL VERIFY ALL DIMENSIONS OF EXISTING AND NEW WORK AND SHALL BE
    RESPONSIBLE FOR THEIR ACCURACY. LAYOUT PARTITION DIMENSIONS IN FIELD AND
    RECEIVE ARCHITECT'S APPROVAL PRIOR TO INITIATING CONSTRUCTION. ANY
    DISCREPANCY BETWEEN DIMENSIONS IN FIELD AND THOSE SHOWN SHALL BE REPORTED TO
    THE ARCHITECT FOR DIRECTION PRIOR TO CONSTRUCTION.

5.  DIMENSIONING RULES:  THE FOLLOWING RULES APPLY, UNLESS NOTED OTHERWISE.

    A.  HORIZONTAL DIMENSIONS ARE SHOWN FROM FACE OF FINISHED SURFACE TO FACE OF
        FINISHED SURFACE.
    B.  DIMENSIONS NOTED "CLEAR" OR "CLR" MUST BE PRECISELY MAINTAINED.
    C.  DIMENSIONS ARE NOT ADJUSTABLE WITHOUT APPROVAL OF THE ARCHITECT, UNLESS
        NOTED (+/-).
    D.  DIMENSIONS TO THE EXTERIOR OF THE BUILDING ARE TO THE INSIDE FACE OF
        EXTERIOR WALL.
    E.  DIMENSIONS LOCATING DOORS ARE 4 INCHES TO INSIDE EDGE OF JAMBS, EXCEPT
        CORRIDORS.
    F.  VERTICAL DIMENSIONS ARE FROM THE TOP OF FINISHED FLOOR.
    G.  DIMENSIONS MARKED "VERIFY", "VERIFY IN FIELD" OR "VIF" SHALL BE FIELD
        VERIFIED BY THE CONTRACTOR AND DISCUSSED WITH THE ARCHITECT PRIOR TO
        CONSTRUCTION.
    H.  DO NOT SCALE DRAWINGS. IF ANY ITEM OF WORK CANNOT BE LOCATED, DISCUSS
        WITH ARCHITECT PRIOR TO CONSTRUCTION.

6.  ALL NEW FINISHES ARE TO ALIGN FLUSH WITH EXISTING FINISHES WITHOUT EVIDENCE
    OF ADDITION. WHERE NEW GYPSUM BOARD MEETS THE SIDE OF EXISTING PLASTER,
    REMOVE THE METAL CORNERBEAD, ALIGN THE PARTITION STUD TO ALLOW GYPSUM BOARD
    TO FLUSH OUT WITH EXISTING FINISH.

7.  ALL VERTICAL EXPOSED PIPES, CONDUITS, ETC. SHALL BE FURRED, SHOWN ON
    DRAWINGS OR NOT, OR AS DIRECTED BY ARCHITECT IN FIELD.

8.  STAGGER ALL JOINTS OF GYPSUM BOARD AT ACOUSTICAL PARTITIONS.

9.  REINFORCE COMMON INTERIOR DOOR LATCH AND WINDOW JAMBS AND LONG WINDOW HEADS
    WITH SHEET METAL STUDS, AS DETAILED AND AS RECOMMENDED BY BOTH
    MANUFACTURERS. PROVIDE 20 GA STUDS AT ALL OPENINGS AS DETAILED.

10. FRAME AROUND DUCTWORK, PIPES OR CONDUIT AT PARTITION LOCATIONS AND BRACE
    WITH SHEET METAL STUDS AS REQUIRED FOR RIGID AND SEISMICALLY STABLE
    CONSTRUCTION.

11. INSTALL TEMPERED GLASS WITH THE MANUFACTURER'S SEAL LOCATED AT THE LOWER
    CORNER OF THE GLAZED PANEL; CONCEAL TONG MARKS IN GLAZING SEALANT, IF ANY.

12. PROVIDE AN EXTRA STUD FOR SWITCH AND POWER OUTLETS AS REQUIRED.

13. PROVIDE BLOCKING IN PARTITIONS AS REQUIRED FOR ALL OVERHEAD OR CANTILEVERED
    MILLWORK AND SIMILAR LOAD BEARING ITEMS ATTACHED TO PARTITIONS. USE 20 GAUGE
    SHEET METAL STUDS TO SUPPORT BLOCKING. ALL WOOD BLOCKING AND FURRING SHALL
    BE FIRE-TREATED TO CONFORM TO THE BUILDING CODE. SEE DETAILS.

14. TAKE SUITABLE MEASURES TO PREVENT INTERACTION BETWEEN DISSIMILAR METALS.

15. PROVIDE FIRE DAMPERS AT ALL DUCT PENETRATIONS OF ALL FIRE RATED ASSEMBLIES.

16. IT IS RECOMMENDED TO USE TYPE "X" GYPSUM BOARD THROUGHOUT, EXCEPT WET
    LOCATIONS WHERE WATER RESISTANT GYPSUM BOARD SHALL BE REQUIRED.

17. MAINTAIN EXISTING FLOOR AND PARTITION FIRE PROTECTION ON ALL EXISTING
    EXITING, SHAFT AND CORE ELEMENTS AS REQUIRED BY CODE.

REFLECTED CEILING PLAN NOTES

1.  THIS LIGHTING DESIGN CONFORMS TO THE STATE OF CALIFORNIA ADMINISTRATIVE
    CODE, TITLE 24, CALIFORNIA ENERGY CONSERVATION LIGHTING STANDARDS FOR NEW
    NON-RESIDENTIAL BUILDINGS, SEE LIGHTING COMPLIANCE FORMS.

2.  SUSPENDED ACOUSTICAL TILE CEILING SHALL BE LEVEL WITHIN A TOLERANCE OF 1/8"
    IN 10'-0". INSTALL NEW PERIMETER CEILING ANGLE TIGHT TO PARTITION, FREE FROM
    CURVES, BREAKS AND OTHER IRREGULARITIES.

3.  ACOUSTICAL CEILING SUSPENSION SYSTEM, CEILING MOUNTED LIGHT FIXTURES, AND
    PARTITIONS CONNECTING TO SYSTEM SHALL BE LATERALLY STABILIZED AS REQUIRED BY
    UBC CHAPTER 25. ALL FLUORESCENT LIGHT FIXTURES SHALL BE INDEPENDENTLY
    SUPPORTED AS REQUIRED BY CODE. SEE DETAILS.

4.  REUSE EXISTING CEILING TILE, PROVIDE NEW AS REQUIRED. DO NOT MIX STAINED AND
    CLEAN OR NEW TILES; TILES SHALL PROVIDE A CONSISTENT APPEARANCE THROUGHOUT
    THE ROOM.

5.  COORDINATE WITH ALL TRADES INVOLVED AND COMPARE COMPOSITE DRAWINGS TO INSURE
    CLEARANCES FOR FIXTURES, DUCTS, CEILINGS, ETC. AS NECESSARY TO MAINTAIN THE
    FINISH CEILING HEIGHT(S) ABOVE THE FINISH FLOOR SLAB AND CLEARANCES REQUIRED
    FOR LIGHT FIXTURES. CLARIFY CONFLICTS WITH ARCHITECT.

6.  REVIEW LOCATION OF LIGHT FIXTURES AND SWITCHING IN THE FIELD WITH ARCHITECT
    PRIOR TO PLACEMENT. COORDINATE LIGHTING RELOCATIONS DUE TO FIELD CONDITIONS
    WITH ARCHITECT PRIOR TO INSTALLATION.

7.  COORDINATE LOCATION OF ALL MECHANICAL THERMOSTATS IN FIELD WITH ARCHITECT.
    SEE MECHANICAL DRAWINGS FOR THERMOSTAT LOCATIONS. VERIFY LOCATIONS WITH THE
    ARCHITECT AND TENANT PRIOR TO INSTALLATION.

8.  WHERE ACOUSTICAL TILES ARE REQUIRED TO BE CUT, CUT TILES TO MAINTAIN A SHARP
    AND NEAT EDGE.

9.  INSTALL ALL DOWNLIGHT AND WALLWASH LIGHT FIXTURES, SMOKE DETECTORS,
    SPEAKERS, EXIT SIGNS, ETC., IN THE CENTERS OF CEILING TILES, UNLESS
    OTHERWISE INDICATED.

10. CLEAN ALL PARABOLIC LIGHT FIXTURES AND PRISMATIC LENSES. ALL DAMAGED, DENTED
    OR DEFECTIVE ELEMENTS SHALL BE REPLACED.

11. SWITCHES INDICATED ARE TO CONTROL LIGHTS IN ROOM WHERE LOCATED, UNLESS NOTED
    OTHERWISE. ALL FLUORESCENT LIGHT FIXTURES SHALL BE TANDEM WIRED FOR DOUBLE
    SWITCHING IN ACCORD WITH APPLICABLE BUILDING CODES. ALL SWITCHES SHALL BE
    BUILDING STANDARD UNLESS OTHERWISE TITLE 24 AND CAC NOTED.

12. GANG MULTIPLE SWITCHES AND PROVIDE A SINGLE COVERPLATE WHEN MORE THAN ONE
    SWITCH IS REQUIRED AT THE SAME LOCATION. PROVIDE SWITCHES FOR ALL EXHAUST
    FANS; GANG WITH OTHER ROOM SWITCHES. DESIGNATE FAN SWITCHES BY WRITING FAN
    ONTO COVERPLATE.

13. MOUNTING HEIGHTS FOR LIGHT SWITCHES & THERMOSTATS SHALL BE AS SHOWN ON
    DRAWINGS.

14. GENERAL CONTRACTOR SHALL COORDINATE WITH THE MECHANICAL CONTRACTORS, CEILING
    CONTRACTOR AND OTHERS AS REQUIRED FOR ACCESS TO MECHANICAL BOXES, FIRE
    DAMPERS, SMOKE AND DRAFT CONTROL DAMPERS, FANS, VALVES, ETC. PROVIDE TWO
    FULLY REMOVABLE 2' X 4' CEILING TILES FOR ACCESS TO EACH VAV BOX AS
    REQUIRED. MARK CEILING TILE WITH 1/8" DIAMETER COLOR PINS FOR ALL CONCEALED
    WORK:

    A.  BLUE:     HVAC EQUIPMENT
    B.  RED:      FIRE VALVES OR EQUIPMENT
    C.  GREEN:    ALL OTHER EQUIPMENT

15. ALL EXIT SIGNS SHALL BE BUILDING STANDARD, COLOR WHITE HOUSING WITH GREEN
    LETTERING. EXIT SIGNS SHOWN AR THE MINIMUM ONLY, PROVIDE ANY ADDITIONAL EXIT
    SIGNS AS REQUIRED BY BUILDING AND FIRE DEPARTMENTS.

16. PROVIDE EMERGENCY LIGHTING AS SHOWN AND AS REQUIRED BY CODE.

POWER AND SIGNAL PLAN NOTES

1.  THIS LAYOUT IS FOR SCHEMATIC PURPOSES ONLY. ALL TELEPHONE, ELECTRICAL, AND
    COMMUNICATION WORK SHALL BE BUILDING STANDARD, UNLESS OTHERWISE NOTED AND
    SHALL BE IN ACCORDANCE WITH ALL APPLICABLE BUILDING CODES. REFER TO
    EQUIPMENT SCHEDULE IF APPLICABLE FOR SPECIFIC DETAIL.

2.  TENANT IS RESPONSIBLE FOR SUPPLY AND INSTALLATION OF WIRING, COVER PLATES
    AND CONNECTIONS FOR TELEPHONE AND DATA SYSTEMS. ALL CABLE IN PLENUM SHALL BE
    IN CONDUIT OR SHALL BE SPECIFICALLY DESIGNED FOR PLENUM TYPE EXPOSURE, I.E.
    TEFLON COATED, OR EQUAL. CONTRACTOR SHALL PROVIDE WITH TENANT ON PROPER TIME
    TO INSTALL THESE ITEMS. BUNDLE LARGE CABLE GROUPINGS IN CEILING PLENUM AND
    SUPPORT INDEPENDENTLY FROM SUSPENDED CEILINGS, LIGHT FIXTURES, ETC.

3.  COORDINATE WITH ALL OTHER SUBCONTRACTORS AS REQUIRED FOR INSTALLATION OF
    UNDER-SHELF LIGHTS, OUTLETS IN BACKSPLASH, MECHANICAL EQUIPMENT, EQUIPMENT
    SCHEDULE AND ALL ELECTRIFIED HARDWARE, ELECTROMAGNETIC HOLD OPEN DEVICES,
    AND KEYLESS ENTRIES AS REQUIRED, SEE HARDWARE SCHEDULE.

4.  FURNITURE IS SHOWN FOR REFERENCE ONLY.

5.  UNLESS SPECIFICALLY DIMENSIONED, ALL OUTLETS SHALL BE INSTALLED AT THE
    NEAREST STUD, MOUNT THE LOWEST RECEPTACLE NO LESS THAN 18" ABOVE FLOOR SLAB
    UNLESS OTHERWISE NOTED. ALL DIMENSIONED OUTLETS ARE TO CENTER LINE OF OUTLET
    OR GROUP OF OUTLETS, UNLESS OTHERWISE NOTED. ALL WALL OUTLETS OVER
    COUNTERTOPS SHALL BE MOUNTED HORIZONTALLY EXCEPT FOURPLEX OUTLETS. REVIEW
    LAYOUT OF ALL ELECTRICAL DISTRIBUTION SYSTEMS IN THE FIELD WITH THE
    ARCHITECT PRIOR TO INSTALLATION.

6.  ALL DEDICATED OUTLETS SHALL HAVE LIGHT GREY RECEPTACLES WITH WHITE
    COVERPLATES FOR IDENTIFICATION. ALL FLOOR CORING SHALL BE COORDINATED AND
    SCHEDULES WITH THE BUILDING OWNER/MANAGER. ELECTRICAL CONTRACTOR SHALL
    PROVIDE PROPER POWER FOR ALL EQUIPMENT INDICATED ON PLAN, IN ACCORDANCE WITH
    MANUFACTURER'S INSTRUCTIONS AND OPERATING REQUIREMENTS AS PROVIDED BY THE
    TENANT.

7.  PROVIDE SINGLE-GANG GYPSUM BOARD RING WITH A NYLON PULL STRING TO RETURN AIR
    PLENUM ABOVE FOR ALL WALL MOUNTED TELEPHONE, DATA AND VIDEO CABLE, UNLESS
    OTHERWISE NOTED. AT ALL WALL MOUNTED OUTLETS IN EITHER FIRE-RATED OR
    INSULATED PARTITIONS, PROVIDE A DOUBLE-GANG BOX, RING AND 3/4" DIAMETER
    CONDUIT WITH 90 DEGREE ANGLE ABOVE SUSPENDED CEILING THROUGH PARTITION INTO
    PLENUM ABOVE.

8.  IF ANY OUTLETS CANNOT BE INSTALLED AS NOTED OR AS SHOWN ON PLANS DUE TO
    CONFLICT WITH STRUCTURAL, MECHANICAL OR ELECTRICAL BUILDING ELEMENTS,
    CLARIFY WITH ARCHITECT BEFORE PROCEEDING.

9.  SOUND SEAL AROUND ALL OUTLETS IN ACOUSTICAL PARTITIONS WITH CAULKING PADS
    APPLIED TO BACK OF OUTLETS; SEAL AIRTIGHT. STAGGER OUTLETS IN STUD CAVITY
    SERVING OPPOSITE ROOMS IN A COMMON WALL.

10. ALL ELECTRICAL EQUIPMENT SHALL BE INSTALLED TO COMPLY WITH THE SPECIFIC
    MANUFACTURER'S REQUIREMENTS.

11. A MINIMUM OF 3" CLEAR SHALL BE MAINTAINED FOR ANY FLOOR OUTLET ADJACENT TO A
    HALL UNLESS OTHERWISE NOTED.

12. FOR MANUFACTURERS TYPES, DETAILS AND SPECIFICATIONS OF PANEL BOXES, RISERS,
    CIRCUITING, ETC., SEE ELECTRICAL DESIGN-BUILD DRAWINGS. PROVIDE AS-BUILT
    DOCUMENTS AT THE COMPLETION OF THE PROJECT.

13. THE GENERAL CONTRACTOR SHALL VERIFY EXACT FIELD CONDITIONS FOR SWITCH AND
    FIXTURE RELATIONSHIP AS WELL AS TELEPHONE AND ELECTRICAL OUTLETS. REPORT ALL
    DISCREPANCIES TO THE ARCHITECT.

14. CONTRACTOR SHALL COORDINATE ANY ELECTRICAL WORK WHICH REQUIRES INTERRUPTION
    OF POWER TO ANY AREA NOT WITHIN THE SCOPE-OF-WORK FOR THIS PROJECT.

15. NEW TELEPHONE BACKBOARD, FIRE TREATED PLYWOOD, 4'X8'X5/8" PAINTED TO MATCH
    ADJACENT WALL AND DEDICATED FOURPLEX OUTLET. PROVIDE 1 1/4" CONDUIT INTERTIE
    FROM THIS LOCATION TO FLOOR TELEPHONE RISER.

FINISH PLAN NOTES

1.  ALL FINISH MATERIALS SHALL CONFORM WITH USC REQUIREMENTS FOR THEIR
    PARTICULAR LOCATION.

2.  ALL FINISHES FOR ALL TENANTS ARE SHOWN ON THIS DRAWING. FINISH NOTATIONS ARE
    FOR EACH INDIVIDUAL TENANT ONLY AND DO NOT CORRESPOND TO IMPROVEMENTS FOR
    OTHER TENANTS OR PARTS OF THE BUILDING.

3.  ALL FIRE EXTINGUISHER CABINETS SHALL BE PAINTED TO MATCH ADJACENT WALLS IN
    SEMI-GLOSS ENAMEL PRIOR TO APPLICATION OF DECAL.

4.  ALL MATERIALS SHALL BE INSTALLED IN STRICT ACCORD WITH MANUFACTURER'S
    INSTRUCTIONS.

5.  PROVIDE LEVELING COMPOUND AS REQUIRED SO THAT SURFACES OF DIFFERENT
    MATERIALS PROVIDE SMOOTH TRANSITIONS FROM ONE SURFACE TO ANOTHER. FEATHER
    TRANSITIONS 1/8" PER 1'-0" MAXIMUM. PROVIDE TRANSITION STRIPS AS REQUIRED IN
    COMPATIBLE COLOR, COORDINATE WITH ARCHITECT.

6.  PROVIDE FLOORING TRANSITIONS STRIPS AS REQUIRED. VERTICAL TRANSITIONS SHALL
    NOT EXCEED 1/4", SLOPED TRANSITIONS 1/2". COORDINATE COLOR OF TRANSITION
    MATERIAL WITH ARCHITECT.

7.  ALL DOORS AND WINDOW FRAMES SHALL BE PAINTED TO MATCH ADJACENT WALL. SEE
    FINISH SPECIFICATION SCHEDULE. NO EXTERIOR WINDOW FRAMES ARE TO BE PAINTED.

8.  FINISHES SHALL BE CONSIDERED CONTINUOUS THROUGHOUT UNLESS OTHERWISE NOTED.
    ALL SURFACES, REVEALS, ETC. EXPOSED TO VIEW, FROM BOTH TENANT AND SHELL
    CONSTRUCTION, SHALL BE FINISHED. COORDINATE WITH ARCHITECT IF QUESTIONS
    ARISE.

9.  LOF STANDS FOR "LIMIT OF FINISHES", TYPICALLY.

10. GENERAL CONTRACTOR SHALL CONFIRM DELIVERY OF ALL APPLICABLE FLOOR AND WALL
    FINISH MATERIALS ACCORDINGLY AND INFORM THE ARCHITECT IN WRITING OF THOSE
    DATES WITH HIS BID SUBMITTAL.

11. WHERE FLOOR FINISHES CHANGE AT A DOOR OPENING, THE CENTERLINE OF TRANSITION
    SHALL FALL AT CENTERLINE OF DOOR. (TYP. U.O.N.).

12. PROTECT EXTERIOR BLINDS DURING CONSTRUCTION. DAMAGED OR DIRTY BLINDS
    RESULTING FROM CONSTRUCTION SHALL BE REPLACED AT NO COST TO THE OWNER OR
    TENANT.

13. PAINTING. NO PAINTING OR INTERIOR FINISHES SHALL BE DONE UNDER CONDITIONS
    WHICH JEOPARDIZE THE QUALITY OR APPEARANCE OF SUCH WORK.

    A.  EXAMINE ALL SURFACES TO BE FINISHED UNDER THIS CONTRACT AND SEE THAT THE
        WORK OF OTHER TRADES HAS BEEN LEFT OR INSTALLED IN SATISFACTORY
        CONDITION TO RECEIVE PAINT, STAIN OR SPECIFIED FINISH. THE APPLICATION
        OF THE FIRST COAT SHALL INDICATE ACCEPTANCE OF THE SURFACE.

    B.  ALL SURFACES SHALL BE IN PROPER CONDITION TO RECEIVE THE SPECIFIED
        FINISH. WOODWORK SHALL BE HAND SANDED AND DUSTED CLEAN. ALL KNOT HOLES,
        PITCH POCKETS OR SAPPY PORTION SHALL BE SCRAPPED AND SHELLACKED OR
        SEALED WITH KNOT SEALER. NAIL HOLE, CRACKS OR DEFECTS CAREFULLY PUTTIED
        AFTER FIRST COAT, WITH PUTTY MATCHING COLOR OF THE STAIN OR PAINT
        FINISH. REMOVE ANY OIL OR GREASE WITH MINERAL SPIRITS.

    C.  ALL AREAS TO BE PAINTED SHALL RECEIVE A MINIMUM TWO COAT APPLICATION
        SPREAD AND MIL THICKNESS AS RECOMMENDED BY PAINT MANUFACTURER TO OBTAIN
        TRUE EVEN COLOR WITHOUT HOLIDAYS.

    D.  INTERIOR WOODWORK FINISHES SHALL BE SANDED BETWEEN COATS. CRACKS, HOLES
        OR IMPERFECTIONS IN PLASTER OR WALLBOARD SHALL BE FILLED WITH PATCHING
        PLASTER.

14. CLEANING AND RETOUCHING.

    A.  AT COMPLETION OF PAINTING, ALL PAINT MATERIALS AND EQUIPMENT SHALL BE
        REMOVED. ALL PAINT SPOTS SHALL BE REMOVED AND ALL AREAS THOROUGHLY
        CLEANED. ANY DIRT OR DEBRIS CAUSED BY WORK SHALL BE CLEANED UP AS WORK
        PROGRESSES.

    B.  RETOUCH AND REPAINT PAINTED SURFACES DAMAGED BY SUBSEQUENT WORK AS
        DIRECTED BY GENERAL CONTRACTOR. THE COST FOR SUCH WORK SHALL BE BORNE BY
        THE TRADE RESPONSIBLE FOR THE DAMAGE.

15. FLOOR AND BASE FINISHES.

    A.  VERIFY THAT SUB-SURFACE IS SMOOTH, LEVEL AND FREE FROM DEFECTS WHICH
        WOULD AFFECT THE INSTALLATION. DO NOT PROCEED WITH WORK UNTIL DEFECT
        HAVE BEEN CORRECTED. THOROUGHLY CLEAN SUBFLOOR PRIOR TO APPLICATION OF
        ADHESIVE.

    B.  VINYL COMPOSITION TILE SHALL LAY SYMMETRICALLY ABOUT CENTERLINES OF
        SPACES WITH EITHER JOINT OR CENTERLINE OCCURRING IN CENTER. CUTTING OF
        FIELD TILES IS NOT PERMITTED. ALIGN EXACTLY PARALLEL TO RESPECTIVE
        WALLS. NEATLY TRIM MATERIAL ABUTTING OTHER WORK TO FORM TRUE, CLEAN
        JOINTS. PATTERN SHALL RUN IN ONE DIRECTION ONLY, U.O.N.

    C.  CARPET SHALL BE PROTECTED FROM DAMAGE AFTER INSTALLATION.

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

ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA

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

[BRERETON ARCHITECTS LOGO]
Architecture Planning
Interior Architecture

120 Howard, Penthouse
San Francisco, CA 94105
415 546 1212
    546 3932 fax

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

[LICENSED ARCHITECT STATE OF CALIFORNIA SEAL]
              NICHOLAS BRERETON
                NO. C-10.201
                JAN 31, 2005

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

MANAGED & LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St., Suite 200
Emeryville, CA 94608
510.594.5600

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

Issue/Revision:

      Date:
No.   Proj. No.    Description
---------------------------------------------------------
 1    21191.00     ISSUE FOR REVIEW
      10.24.01
---------------------------------------------------------

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

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

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

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

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

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

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

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

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

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

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

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

Copyright Statement:

All drawings and written material appearing herein
constitute original and unpublished original work of
the architect and may not be duplicated, used, or
disclosed without prior written consent of the architect.

(c) Brereton Architects
    A California Corporation

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

Owner Approval:

-----------------------------------
Name

-----------------------------------
City/State           Date

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

File Name:

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

Sheet Title

GENERAL NOTES

15th FLOOR

Scale: 1/8"-1'-0"
       -----------------

---------------------------------------------------------
Sheet No.

          15A0.1

  Of   Sheets   Date: 10.19.01
--  ---               --------

---------------------------------------------------------
<PAGE>
PARTITION LEGEND
--------- ------

===== PARTITION TO BE DEMOLISHED AND REMOVED.

==  == DOOR, DOORFRAME AND HARDWARE TO BE REMOVED.

----- OVERHEAD TO BE DEMOLISHED AND REMOVED.

_____ EXISTING PARTITION TO REMAIN.

-
-
-    INDICATES ELECTRICAL AND DATA DEMOLITION. REFER TO
-    POWER AND SIGNAL PLAN FOR EXPLANATION OF SYMBOLS.
-    REMOVE ALL ELECTRICAL WIRING AND DATA CABLING BACK
-    TO SOURCE.
-
-

SALVAGE FOR REUSE
------- --- -----

1.  CEILING TILE/GRID.

2.  EXHAUST FANS.

3.  ALL LIGHTING AND ASSOCIATED ELECTRICAL WHIPS.

4.  ALL HVAC DUCTS, VAN, HEAT PUMPS ETC. ARE TO REMAIN.

5.  FIRE EXTINGUISHERS AND CABINETS.

6.  LIFE SAFETY HORNS/STROBES, SPRINKLERS.

7.  DOOR, DOOR FRAMES, HARDWARE WINDOWS AND WINDOW FRAMES.

SHEET NOTES
----- -----

1.  REFER TO SHEET 15A0.3 FOR TYPICAL DEMOLITION NOTES.

2.  REMOVE ALL ELECTRICAL WIRING AND DATA CABLING BACK TO SOURCE IN WALLS
    SCHEDULED FOR DEMOLITION (TYPICAL). RESWITCH LIGHTS AS REQUIRED (SEE
    REFLECTED CEILING PLAN FOR MORE INFORMATION).

3.  DEMO EXISTING FURNITURE BASE FEEDS. CONVERT POWER TO CONVENIENCE OUTLET,
    REMOVE THE TWO REMAINING CIRCUITS TO FREE-UP ELECTRICAL PANEL.

4.  DEMO EXISTING WALL SCONCE AND ALL ASSOCIATED WIRING BACK TO SOURCE. PATCH
    OPENINGS AND PREP. AREA FOR NEW PAINT.

5.  DEMO TWO 4' SECTIONS OF (E) PARTITION FOR NEW GLASS, SEE ELEVATION 15A2.1.

6.  DEMO (E) CARPET AND PAD. SAVE TO PATCH IN OTHER AREAS OF SUITE AS REQ'D.

7.  DEMO/REMOVAL OF ANY (E) EQUIPMENT SHALL BE COORDINATED BY SUBCONTRACTOR. SEE
    DESIGN BUILD DRAWINGS FOR INFORMATION.

8.  CREATE NEW OPENINGS THIS PARTITION, SEE ELEVATIONS 15A2.1.

9.  SYSTEMS FURNITURE WORKSTATIONS TO BE RE-CONFIGURED, NIC.

10. LIGHTS TO BE RELOCATED, SEE 15A2.2.

                                  [FLOOR PLAN]

ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA

(Brereton Architects Logo)
Architecture Planning
Interior Architecture

120 Howard, Penthouse
San Francisco CA 94105
415 546 1212
    546 3932 fax

Architectural Stamp
      (Stamp)

Consultant:

MANAGED & LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St. Suite 200
Emeryville, CA 94608
510.594.5600

Issue/Revision:

<Table>
<Caption>
       Proj. No
No.    Date:             Description
---    -----             -----------
<S>    <C>               <C>
1      21191.00          ISSUE FOR REVIEW
       10.24.01
</Table>

Copyright Statement:

All drawings and written material appearing herein constitute original and
unpublished original work of the architect and may not be duplicated, used, or
disclosed without prior written consent of the architect.

(C) Brereton Architects
A California Corporation

______________________________________________________
Owner Approval:

______________________________________________________
Name

______________________________________________________
[Illegible]                        Date

______________________________________________________
Sheet Title

DEMOLITION
PLAN

15th FLOOR
(Scale)

Scale: 1/8'-1'0"

Sheet No.
15A2.0
<PAGE>
SYMBOL LEGEND
---------------------------------------------------
-----  Overhead Construction

_____  Existing Partition

 X     Room Name

 X     Room Number

 X     Door Symbol: See Sheet A6.2 For Door &
       Hardware Specifications

 X     Keyed Sheet Note

 X     Wall Type

 -     Elevation Tags

-----  Demo

_____  Demo Overhead Construction

- - -  Demo Overhead Cabinets

---------------------------------------------------
PARTITION LEGEND
---------------------------------------------------

 A     TYPE A: New Non-Combustible Partition, See
               Detail 4/15A6.2.

 B     TYPE B: New Non-Combustible Acoustical or
               Demising Partition. See Detail
               6/15A6.2.

 C     TYPE C: New 2-Hour Rated Partition. Not Used.

 D     TYPE D: New 1-Hour Rated Partition. See
               Detail 7/15A6.2.

 E     TYPE E: New Low-Height Partition; Height as
               Noted on Plan. Not Used.

 G     TYPE G: New 1/4" Tempered Glazing; Height, in
               Aluminum Frame to Match Door,
               U.O.N.

---------------------------------------------------
SHEET NOTES
---------------------------------------------------

 1.    Refer to Sheet --AO.3 for Typical
       Constructions.

 2.    Provide & Construct New Partitions as Shown.
       Patch Adjacent Partitions as Required and
       Prepare for New Finishes.

 3.    Provide New Blank Coverplate for all
       Demolished Data and Power Outlets at Below
       18" AFF. (Color to Match Existing). Provided
       Drywall Patch for all Demolished Data and
       Power Outlets Above 18" AFF.

 4.    Fill-in Cased Opening and Finish to Match
       Existing Partition.

 5.    New 3-Panel Perimeter Framed 1/4"
       Tempered Glazing with Silicone Between Glazing
       Panels. See Elevation 27/15A6.1.

 6.    Provide Cased Openings in Wall to Clear Ladder
       Racks Extending from Phone Room 1524 to Server
       Room 1522. G.C. Shall Confirm Height & Exact
       Location of Openings in Field with Architect
       and/or Tenant.

 7.    Patch Damaged Wall as Required. Match (E)
       Conditions.

 8.    Verify Projection Screen is in Operable
       Condition. Repair as Required.

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

       [Elevation at Phone Room Diagram]

       [Elevation at Server Room Diagram]

             [Floor Plan Diagram]

ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA

[BRERETON LOGO]
Architecture Planning
Interior Architecture

120 Howard, Penthouse
San Francisco, CA 94105
415 546 1212
    546 3932 fax

[LICENCED ARCHITECT STATE OF CALIFORNIA SEAL]

Consultant:

MANAGED & LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St., Suite 200
Emeryville, CA 94608
510.594.5600

Issue/Revision:

      Proj. No.
No.   Date:        Description
---   ----------   ----------------
 1    21191.00     Issue for Review
      10.24.01
-----------------------------------

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

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

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

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

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

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

-----------------------------------
Copyright Statement:

All drawings and written material
appearing herein constitute
original and unpublished original
work of the architect and may not
be duplicated, used, or disclosed
without prior written consent of
the architect.

(c) Brereton Architects
A Californica Corporation
-----------------------------------

Owner Approval:

-----------------------------------
Name

-----------------------------------
[Illegible]          [Illegible]
-----------------------------------

Sheet Title

CONSTRUCTION PLAN

15th FLOOR
[ARROW]
[SCALE]

Scale:  1/8"=1'-0"
       -----------------
-----------------------------------
Sheet No.

          15A2.1

  Of   Sheets   Date: 10.19.0[Illegible]
--  ---               --------
<PAGE>
SYMBOL LEGEND
--------------------------------------------------------------------------------

-    EXISTING 2'x2' CEILING SYSTEM AT 8'-6'' A.F.F.

     CEILING GRID:
     ------------
          MANUFACTURER:  BUILDING STANDARD
          SIZE:          2'x2'
          COLOR:         OFF WHITE

     CEILING TILE:
     ------------
          MANUFACTURER:  BUILDING STANDARD
          SERIES:        BUILDING STANDARD
          SIZE:          2'x2'
          COLOR:         OFF WHITE

-    NEW DRYWALL CEILING OR SOFFIT SEE DETAIL

-    HEIGHT INDICATED BUBBLE

-    (E) OR (R) 2'x4' RECESSED LIGHT FIXTURE

-    2'x4' RECESSED LIGHT FIXTURE TO BE REMOVED

-    (E) OR (R) 2'x2' RECESSED LIGHT FIXTURE

-    2'x2' RECESSED LIGHT FIXTURE TO BE REMOVED

-    SUSPENDED, CEILING MOUNTED LIGHT FIXTURE

-    EMERGENCY BALLAST; CONNECT TO EMERGENCY POWER CIRCUIT OR PROVIDE SWITCHED
     EMERGENCY BALLAST, SEE BUILDING TENANT STANDARD.

-    EMERGENCY DOWN LIGHT; CONNECT TO EMERGENCY POWER CIRCUIT OR PROVIDE
     SWITCHED EMERGENCY BALLAST, SEE BUILDING TENANT STANDARD.

-    UNDER-CABINET LIGHT

-    RECESSED DOWNLIGHT

-    WALL-MOUNTED LIGHT FIXTURE

-    CEILING-MOUNTED WALLWASHER

-    CEILING-MOUNTED CORNER WALLWASHER

-    CEILING-MOUNTED DOUBLE WALLWASHER

-    SURFACE MOUNTED LIGHT FIXTURE

-    WALL-MOUNTED EXIT SIGN

-    CEILING-MOUNTED EXIT SIGN

-    IONIZATION TYPE SMOKE DETECTOR

-    CEILING-MOUNTED FIRE SPEAKER

-    WALL-MOUNTED VISUAL ALARM

-    WALL-MOUNTED COMBINATION FIRE SPEAKER/VISUAL ALARM

-    SINGLE SWITCH

-    DOUBLE SWITCH

-    THREE-WAY SWITCH

-    TRANSFER FAN SWITCH

-    PROJECTION SCREEN

-    DIMMER SWITCH

-    MOTION SENSOR-SWITCH

-    FIXTURE TYPE IDENTIFIER

-    POWER POLE
--------------------------------------------------------------------------------

SHEET NOTES
--------------------------------------------------------------------------------

1.   PROVIDE SEPARATE 24-HOUR HVAC. SEE EQUIPMENT SCHEDULE. DESIRED OPERATING
     TEMPERATURE 65 DEGREES.

2.   EXISTING CEILING GRID AND TILE TO REMAIN. REPLACE DAMAGED CEILING TILE WITH
     NEW TO MATCH AS REQUIRED.

3.   CLEAN AND SERVICE EXISTING HVAC UNIT. PROVIDE NEW FILTER AND BELTS.

4.   RESWITCH LIGHTING IN THIS ROOM TO OPERATE FROM EXISTING SWITCH.

5.   RELOCATE EXISTING LIGHTS AS SHOWN AND PROVIDE DUAL-LEVEL LIGHTING IN THIS
     ROOM.

6.   ISOLATE LIGHTS IN THIS ROOM AND PROVIDE DUAL-LEVEL SWITCH CONTROL.
--------------------------------------------------------------------------------

                                 [ FLOOR PLAN]

--------------------------------------------------------------------------------
ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA
--------------------------------------------------------------------------------

[BRERETON ARCHITECTS LOGO]

ARCHITECTURE PLANNING
INTERIOR ARCHITECTURE

120 HOWARD, PENTHOUSE
SAN FRANCISCO, CA 94105
415 546 1212
    546 3932 FAX
--------------------------------------------------------------------------------

                             [LICENSED ARCHITECT -
                               NICHOLAS BRERETON
                                JAN. 31, 2003 -
                           STATE OF CALIFORNIA SEAL]

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

CONSULTANT:

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

MANAGED AND LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St., Suite 200
Emeryville, CA 94608
510.594.5600

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

Issue/Revision:

<TABLE>
<CAPTION>
          Proj. No.
No.       Date:          Description
-------   -----------    -----------
<S>       <C>            <C>
1         21.91.00       ISSUE FOR REVIEW
          10.24.01
-----------------------------------------

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

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

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

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

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

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

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

--------------------------------------------------------------------------------
</TABLE>

Copyright Statement:

All drawings and written material appearing herein constitute original and
unpublished original work of the architect and may not be duplicated, used, or
disclosed without prior written consent of the architect.

(c) Brereton Architects
    A California Corporation

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

Owner Approval:

------------------------------------------------------------
 Name

------------------------------------------------------------
 City/State                        Date

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

Sheet Title

REFLECTED
CEILING PLAN

15TH FLOOR

[ARROW UP]

[SCALE]

Scale:    1/8" = 1'-0"
       ---------------------

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

Sheet No.

                                     15A2.2

          Of                  Sheets                   Date:     10.19.01
---------    ----------------                                -----------------

--------------------------------------------------------------------------------
<PAGE>
SYMBOL LEGEND
-------------

-    DUPLEX POWER OUTLET

-    FOURPLEX POWER OUTLET

-    DEDICATED DUPLEX POWER OUTLET

-    INTERFERENCE SEPARATE GREEN WIRE GROUND BACK TO FLOOR GROUNDING BUS BAR.

-    GROUND FAULT INTERCEPTOR DUPLEX POWER OUTLET PROTECTION

-    SPECIAL PURPOSE POWER OUTLET

-    FLOOR-MOUNTED DUPLEX POWER MONUMENT OUTLET

-    FLOOR MOUNTED FOURPLEX POWER MONUMENT OUTLET

-    FLUSH FLOOR-MOUNTED DUPLEX POWER OUTLET

-    COMBINATION FLOOR-MOUNTED TELEPHONE/DATA/DUPLEX POWER OUTLET

-    WALL MOUNTED DATA OUTLET

-    WALL MOUNTED TELEPHONE OUTLET

-    WALL MOUNTED COMBINATION TELEPHONE/DATA OUTLET, NUMBER INDICATES PARTS,
     TYP.

-    FLOOR-MOUNTED TELEPHONE MONUMENT OUTLET

-    FLOOR-MOUNTED TELEPHONE/DATA MONUMENT OUTLET

-    ELECTROMAGNETIC HOLD-OPEN

-    PULL STATION FIRE ALARM

-    CARD READER NIC COORDINATE REQUIREMENTS WITH TENANTS SECURITY VENDOR

-    INTERCOM AT ENTRY DOOR/INTERCOM DOOR RELEASE AT RECEPTION

-    ELECTRIFIED FURNITURE BASE FEED, POWER POLE

-    ELECTRIFIED FURNITURE BASE FEED, WALL MOUNTED. BASE FEED IS TO SUPPORT
     OUTLETS AS SHOWN ON PLAN IN BRACKET TO EACH STATION

-    ELECTRIFIED FURNITURE BASE FEED, FLOOR MOUNTED. BASE FEED IS TO SUPPORT
     OUTLETS AS SHOWN ON PLAN IN BRACKET TO EACH STATION.

BF   BASE FEED NOTATION INDICATES NUMBER AND TYPE OF OUTLETS AND QUANTITY OF
     CIRCUITS THAT ARE TO BE SUPPORTED AT EACH FEED LOCATION.

     IC = COMUTER CIRCUIT
     IH = HOUSE CIRCUIT
     IP = PRINTER CIRCUIT DEDICATED

-    EQUIPMENT TYPE IDENTIFIER

-    POWER POLE

SHEET NOTES
-----------

1.   FURNITURE DEALER TO REARRANGE (E) FURNITURE AND PANELS AS NECESSARY IN
     AREAS OF (N) CONSTRUCTION AND LIQUIDATE ALL UNUSED FURNITURE.

2.   CONVERT TWO EXISTING OUTLETS TO 20 AMP AND ADD ONE NEW 20 AMP. COORDINATE
     LOCATIONS INF FIELD.

3.   REMOVE EXISTING POWER POLE. DEMO POWER BACK TO SOURCE. PATCH CEILING TILE
     AS REQUIRED.

4.   REMOVE EXISTING OUTLET AND DEMO POWER BACK TO SOURCE.

5.   ALL ELEC/TELE/DATA EXISTING, UON.

6.   SEE DESIGN BUILD ENGINEER DRAWINGS FOR FUTURE INFORMATION.

7.   RELOCATED POWER POLE AND BASE FEED FROM TRAINING ROOM AREA 1587. PROVIDE
     POWER FOR (20) PC'S IN HARVESTING AREA - 6 NEW CIRCUITS. SEE DESIGN BUILD
     ENGINEER DRAWINGS.

8.   RELOCATE POWER POLE AS REQUIRED, APPROX. 18".

9.   FOR EQUIPMENT SCHEDULE IN NETWORK ROOM, SEE GENERAL CONTRACTOR.

10.  PROVIDE BASIC BUILDING POWER TO ALL OFFICES, ROOMS, AND CUBICLES AS SHOWN
     ON PLAN.

                                  [FLOORPLAN]

------------------------------
ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA
------------------------------

[BRERETON ARCHITECTS LOGO]

Architecture Planning
Interior Architecture

120 Howard, Penthouse
San Francisco, CA 94105
415 546 1212
    546 3932 fax
------------------------------

         [SEAL]

------------------------------
Consultant:

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

------------------------------
MANAGED & LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St. Suite 200
Emeryville, CA 94608
510.594.5600
------------------------------
Issue/Revision:

    Proj. No.
No. Date:     Description
------------------------------
1   21191.00  ISSUE FOR REVIEW
    10.24.01
------------------------------
1.1 21191.01  BULLETIN NO. 1
    11.05.01
------------------------------
2   21191.00  REVISED POWER &
    11.26.01  SIGNAL PLAN
------------------------------

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

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

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

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

------------------------------
COPYRIGHT STATEMENT:

All drawings and written
material appearing herein
constitute original and
unpublished original work of
the architect and may not be
duplicated, used, or disclosed
without prior written consent
of the architect.

(c) Brereton Architects
    A California Corporation
------------------------------
Owner Approval

------------------------------
Name

------------------------------
??/??               Date:

------------------------------
Sheet Title

POWER &
SIGNAL PLAN

15th FLOOR

(ARROW)
(SCALE)

Scale: 1/8"-1'-0"
      ----------------
------------------------------

Sheet No.
          15A2.3

   of   Sheets  Date: 10.19.01
---  ---             ---------
------------------------------
<PAGE>
SYMBOL LEGEND
---------------------------------------------------
-  Floor Finish Material

-  Paint Base

-  Window Treatment

-  Millwork Countertop
-  Millwork Exposed Doors, Drawers & Faces

-  Change Floor Finish

-  Changed Floor Finish with Transition Strap

---------------------------------------------------
FINISHES
---------------------------------------------------
C     CARPET
      Manufacturer: Shaw
      Style:        Design Series IV
      Color:        TBD
      Installation: To Match Existing
      Location:     Office 1507

VT    VINYL TILE
      Manufacturer: To Match Existing
      Style:        To Match Existing
      Color:        To Match Existing
      Location:     Office 1522

BI    VINYL BASE
      Manufacturer: To Match Existing
      Color:        To Match Existing
      Size:         To Match Existing

PI    PAINT
      Manufacturer: To Match Existing
      Color:        To Match Existing
      Finish:       To Match Existing

PL-I  PLASTIC LAMINATE COUNTERTOP
      Manufacturer: -
      Color:        -

PL-2  PLASTIC LAMINATE FACE
      Manufacturer: -
      Color:        -

---------------------------------------------------
SHEET NOTES
---------------------------------------------------

1. Patch Finishes in the Area of Demolition and
   Construction

2. Extend VCT to Area Where Carpet was Removed.
   Strip Wax from Existing VCT, Clean and Wax
   Entire Room with Anti-Static Wax.

3. Repair Carpeting Throughout Suite as Needed.
   (Be Specific)

4. Touch-Up Paint Throughout Suite as Needed.

5. All Finishes are Existing to Remain, UON.

6. Provide New Carpet, Base and Paint, This Room.

7. Provide New Base and Paint this Room. Clean
   Existing Carpet.

8. Paint Door or Window Frame to Match Existing.

             [Floor Plan Diagram]

ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA

[BRERETON LOGO]
Architecture Planning
Interior Architecture

120 Howard, Penthouse
San Francisco CA 94105
415 546 1212
    546 3932 fax

[LICENSED ARCHITECT SEAL]
NICHOLAS BRERETON
No. C-10, 201
Jan. 31, 2003
[STATE OF CALIFORNIA]

Consultant:

MANAGED & LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St. Suite 200
Emeryville, CA 94608
510.594.5600

Issue/Revision:

      Proj. No.
No.   Date:        Description
---   ----------   ----------------
 1    21191.00     Issue for Review
      10.24.01
-----------------------------------

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

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

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

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

-----------------------------------
Copyright Statement:

All drawings and written material
herein constitute original and
unpublished original work of the
architect and may not be duplicated,
used, or disclosed without prior
written consent of the architect.

(c) Brereton Architects
    a California Corporation
-----------------------------------

Owner Approval:

-----------------------------------
Name

-----------------------------------
[Illegible]          Date
-----------------------------------

Sheet Title

FINISH PLAN

15th FLOOR

Scale: 1/8"=1"-0"
       -----------------
-----------------------------------
Sheet No.

          15A2.4

  Of   Sheets   Date: 10.19.01
--  ---               --------
<PAGE>

(PLAN TRASH CONTAINER CABINET)
1"=1'-0'                                36

(PLAN TYPICAL CASEWORK ANCHORAGE
AT STUD PARTITION)
NO SCALE                                37

(PLAN DOOR OPENING FRAMING (TYP.))
1/2"=1'-0"                              38

(PLAN DEVICE LOCATIONS)
1/4"=1'-0"                              39

(PLAN JUNCTION BOX ISOLATION IN ACOUS. PTN)
3"=1'-0"                                40

(PLAN OVERHEAD CABINET (TYPICAL))
1"-1'-0"                                26

(PLAN OVERHEAD CABINET - OPEN SHELVES)
1"=1'-0"                                27

(PLAN LOWER CABINET W/DRAWER)
1"=1'-0"                                28

(PLAN LOWER CABINET
ADJ. SHELVING ONLY)
1"=1'-0"                                29

(PLAN SINK CABINET)
1"-1'-0"                                30

(PLAN GLAZING JOINTS W/SILICONE)
FULL SIZE                               21

(PLAN PARTITION BRACING--WALL MOUNTED EQUIP.)
NO SCALE                                22

(PLAN WALL MOUNTED SHEET MTL BACKING
PLATE AT STUD PARTITION)
3"=1'-0"                                23

(PLAN ASTRAGAL COVER AT DBL DOORS
IN RATED OPENING)
FULL                                    24

(PLAN THRESHOLD DETAILS)
FULL SIZE                               25

(PLAN DOOR/SIDELIGHT FRAME)
1/4"=1'-0"                              16

(PLAN ALUMINUM FRAME DETAILS)
6"=1'-6"                                18

(PLAN HOLLOW METAL FRAME DETAILS)
6"=1'-0"                                20

DOOR SCHEDULE

<Table>
<Caption>
DOOR DESIGNATION          OPENING                    DOOR                            FRAME              HARD
-----------------------------------------------------------------------------------------------------   WARE
NO.   LOCATION          WIDTH  HEIGHT  RATING      TYPE  CORE  FINISH     MAT'L  TYPE  DETAIL  FINISH   GRP.  REMARKS
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>               <C>    <C>     <C>         <C>   <C>   <C>        <C>    <C>   <C>     <C>      <C>   <C>
1506  OFFICE            3'-0"  8'-4"     -          A     SC   PLAM       ALUM    2     18/-    SGE       B
------------------------------------------------------------------------------------------------------------------------------------
1587  TRAINING ROOM     3'-0"  8'-4"     -          A     SC   PLAM       ALUM    1     18/-    SGE       B
------------------------------------------------------------------------------------------------------------------------------------
1597  CORRIDOR          3'-0"  8'-4"    20 MIN     (E)    SC   PLAM        (E)    (E)    (E)    SGE      (E)   WITH AUTOMATIC CLOSER
------------------------------------------------------------------------------------------------------------------------------------
1598  WAITING/RECEP     6'-0"  8'-4"    20 MIN     (E)    (E)  PLAM        HM     HM     HM     SGE       D    WITH AUTOMATIC CLOSER
------------------------------------------------------------------------------------------------------------------------------------
1599  OFFICE-GENERAL    3'-0"  8'-4"     -         (E)    (E)  PLAM       (E)      (E)    (E)   SGE      (E)
------------------------------------------------------------------------------------------------------------------------------------
</Table>

--------------------------------------------------------------------------------
ABBREVIATIONS
--------------------------------------------------------------------------------
ALUM      ALUMINUM, EXTRUDED
CA        CLEAR ANODIZED
DEBA      DARK BRONZE ANODIZED ALUMINUM
HC        HOLLOW CORE
HCB       HONEYCOMB
HM        HOLLOW METAL
MC        MINERAL CORE
MFA       MILL FINISH ALUMINUM
P LAM     PLASTIC LAMINATE
PG        PAINT GRADE
PJ        POLYURETHANE
SC        SOLID CORE
SGE       SEMI-GROSS ENAMEL
SL        SPRAYED LACQUER
TG        TEMPERED GLASS
TS        TRANSPARENT STAIN
WCF       WATERBASED CLEAR FINISH
WG        WIRE GLASS

--------------------------------------------------------------------------------
DOOR TYPES
--------------------------------------------------------------------------------

[AA DOOR DESIGN]

[BB DOOR DESIGN]

[CC DOOR DESIGN]

[-- DOOR DESIGN]

[-- DOOR DESIGN]

--------------------------------------------------------------------------------
FRAME TYPES
--------------------------------------------------------------------------------

[1 FRAME DESIGN]

[2 FRAME DESIGN]

--------------------------------------------------------------------------------
HARDWARE GROUPS
--------------------------------------------------------------------------------
GROUP               NUMBER                        MANUFACTURER
--------------------------------------------------------------------------------
GROUP A - ENTRY DOOR, 20 MIN - LOCKSET

2 PAIR BUTTS        TB 2714, 4 1/2" X 4 1/2"      McKINNEY
1 CLOSER            4113 AL X TB                  LCN

1 LOCKSET           L9453, 03 LEVER               SCHLAGE
1 SEAL              S88D (COLOR AS REQ'D)         PEMKO
1 STOP              331 ES X RISER 3/4"           QUALITY OR EQUAL

GROUP B - INTERIOR DOOR, UNRATED - PASSAGE LATCHSET

2 PAIR BUTTS        TA 2714, 4 1/2" X 4 1/2"    McKINNEY
1 LATCHSET          L9010, 03 LEVER               SCHLAGE
1 SEAL              WOOL PILE                     BY FRAME MFGR.
1 STOP              331 ES X RISER 3/4"           QUALITY

GROUP C - INTERIOR DOOR, UNRATED - LOCKSET

2 PAIR BUTTS        TA 2714, 4 1/2" X 4 1/2"    McKINNEY
1 LATCHSET          L9050, 03 LEVER               SCHLAGE
1 SEAL              WOOL PILE                     BY FRAME MFGR.
1 STOP              331 ES X RISER 3/4"           QUALITY

GROUP D - DOUBLE ENTRY DOOR, 20 MIN.

4 PAIR BUTTS        TA 2714, 4 1/2" X 4 1/2"    McKINNEY
2 CLOSERS           4130 AL X TB                  LCN
1 EXIT DEVICE       L9453 03 LEVER                SCHLAGE
CONCEALED VERTICAL  9847 WDC/ 9947 WDC            VON DUPRIN
2 EXTERIOR LEVERS   992-L, OR 06 LEVER            VON DUPRIN
1 SEAL              S88D (COLOR AS REQ'D)         PEMKO
1 ASTRIGAL, RATED   369 DP-106                    PEMKO
1 ASTRIGAL COVER    1/2" X 2 1/2"                 ANEGRE HARDWOOD
1 STOP              331 ES X RISER 3/4"           QUALITY

--------------------------------------------------------------------------------
DOOR & HARDWARE NOTES
--------------------------------------------------------------------------------

1.   CONTRACTOR IS TO SUBMIT COMPLETE HARDWARE SCHEDULE FOR ARCHITECT'S REVIEW.

2.   HARDWARE FINISH SHALL BE AS US10B DARK BRONZE EXCEPT COORDINATOR WHICH
SHALL BE PAINTED TO MATCH DOOR FRAME.

3.   ALL EXIT DOORS SHALL BE OPERABLE FROM THE INSIDE WITHOUT THE USE OF KEYS
OR ANY SPECIAL KNOWLEDGE OR PARTICULAR EFFORT. AS A MINIMUM, ALL EXIT DOORS AND
FRAMES SHALL BE 20 MIN, RATED AND EQUIPPED WITH CLOSERS UNLESS OTHERWISE NOTED.
ALL CLOSERS SHALL CONFORM TO FEDERAL ADA AND STATE TITLE 24 REQUIREMENTS.

4.   ALL DOORS DESIGNATED TO BE FIRE RATED SHALL BE LABELED AS REQUIRED BY
CODE. PROVIDE FIRE RATED FRAMES THROUGHOUT, SIZED TO SPECIFIC FIRE-RATED
PARTITION.

5.   ALL FIRE RATED DOORS SHALL BE INSTALLED WITH MINIMUM CLEARANCE ABOVE
THRESHOLD OR ABOVE FINISH DOOR. DO NOT UNDERCUT FIRE-RATED DOORS.

6.   UNDERCUT ALL OTHER DOORS SO THAT THE BOTTOM OF THE DOOR IS 1/4" MINIMUM
ABOVE THE FINISH FLOOR MATERIAL.

7.   INSTALL DOORS WITH ALL HARDWARE FITTINGS, ACCESSORIES AND PARTITION
REINFORCEMENT AS REQUIRED FOR THE SPECIFIC INSTALLATION. PROVIDE ANY SPECIAL
ITEMS REQUIRED FOR CODE CONFORMANCE AT SPECIAL DOOR LOCATIONS.

8.   PROVIDE CONSTRUCTION KEY-WAY FOR ACCESS BY SUBCONTRACTORS DURING
CONSTRUCTION. BUILDING MANAGEMENT SHALL COORDINATE FINISH KEYS & CYLINDERS WITH
TENANT AT COMPLETION OF CONSTRUCTION.

9.   DOORS ARE GENERALLY FULL-HEIGHT AND SIZES IN SCHEDULE ARE NOMINAL. VERIFY
IN FIELD FOR ACTUAL SIZE.

10.  REMOVE ANY NAMEPLATES OR OTHER SIGNAGE THAT IS ADHERED TO DOORS. REPAIR
DOOR AS REQUIRED FOR SMOOTH, CONSISTENT FINISH.

------------------------------
ZipRealty
Suite 1555

2000
POWELL STREET
EMERYVILLE, CA
------------------------------

[BRERETON ARCHITECTS LOGO]

Architecture Planning
Interior Architecture

120 Howard, Penthouse
San Francisco, CA 94105
415 546 1212
    546 3932 fax
------------------------------

         [SEAL]

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

MANAGED & LEASED BY:

Equity Office Properties Trust
Watergate Office Towers
2200 Powell St. Suite 200
Emeryville, CA 94608
510.594.5600
------------------------------
Issue/Revision:

    Date:
No. Proj No.  Description
------------------------------
1   21191.00  ISSUE FOR REVIEW
    10.24.01
------------------------------

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

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

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

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

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

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

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

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

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

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

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

------------------------------
COPYRIGHT STATEMENT:

All drawings and written
material appearing herein
constitute original and
unpublished original work of
the architect and may not be
duplicated, used, or disclosed
without prior written consent
of the architect.

(c) Brereton Architects
    A California Corporation
------------------------------
Owner Approval

------------------------------
Name

------------------------------
??/??             Date:

------------------------------
File Name:

------------------------------
Sheet Title

DOOR &
HARDWARE
SCHEDULE &
DETAILS

15th FLOOR

Scale: N/A
      ----------------
------------------------------

Sheet No.
          15A6.3

   of   Sheets  Date: 24OCT01
---  ---             ---------
<PAGE>

                                    EXHIBIT E

                              ADDITIONAL PROVISIONS

         This exhibit (this "Exhibit") is attached to and made a part of the
Lease by and between EOP-EMERYVILLE PROPERTIES, L.L.C., A DELAWARE LIMITED
LIABILITY COMPANY ("Landlord") and ZIPREALTY, INC., A CALIFORNIA CORPORATION
("Tenant") for space in the Building located at 2000 Powell Street, Emeryville,
California.

      I.       RENEWAL OPTION.

            A.    Grant of Option; Conditions. Tenant shall have the right to
                  extend the Term (the "Renewal Option") for one additional
                  period of five (5) years commencing on the day following the
                  Termination Date of the initial Term and ending on the fifth
                  annual anniversary of the Termination Date (the "Renewal
                  Term"), if:

                  1.    Landlord receives notice of exercise ("Initial Renewal
                        Notice") not less than 12 full calendar months prior to
                        the expiration of the initial Term and not more than 15
                        full calendar months prior to the expiration of the
                        initial Term;and

                  2.    Tenant is not in default under the Lease beyond any
                        applicable cure periods at the time that Tenant delivers
                        its Initial Renewal Notice or at the time Tenant
                        delivers its Binding Notice (as defined below); and

                  3.    No part of the Premises is sublet (other than pursuant
                        to a Permitted Transfer, as defined in Article XII of
                        the Lease) at the time that Tenant delivers its Initial
                        Renewal Notice or at the time Tenant delivers its
                        Binding Notice; and

                  4.    The Lease has not been assigned (other than pursuant to
                        a Permitted Transfer, as defined in Article XII of the
                        Lease) prior to the date that Tenant delivers its
                        Initial Renewal Notice or prior to the date Tenant
                        delivers its Binding Notice.

            B.    Terms Applicable to Premises During Renewal Term.

                  1.    The initial Base Rent rate per rentable square foot for
                        the Premises during the Renewal Term shall equal the
                        Prevailing Market rate (hereinafter defined) per
                        rentable square foot for the Premises. Base Rent during
                        the Renewal Term shall increase, if at all, in
                        accordance with the increases assumed in the
                        determination of Prevailing Market rate. Base Rent
                        attributable to the Premises shall be payable in monthly
                        installments in accordance with the terms and conditions
                        of Article IV of the Lease.

                  2.    Tenant shall pay Additional Rent (i.e. Taxes and
                        Expenses) for the Premises during the Renewal Term in
                        accordance with the terms of Article IV of the Lease,
                        and the manner and method in which Tenant reimburses
                        Landlord for Tenant's share of Taxes and Expenses and
                        the Base Year, if any, applicable to such matter, shall
                        be some of the factors considered in determining the
                        Prevailing Market rate for the Renewal Term.

            C.    Initial Procedure for Determining Prevailing Market. Within 30
                  days after receipt of Tenant's Initial Renewal Notice,
                  Landlord shall advise Tenant of the applicable Base Rent rate
                  for the Premises for the Renewal Term. Tenant, within 15 days
                  after the date on which Landlord advises Tenant of the
                  applicable Base Rent rate for the Renewal Term, shall either
                  (i) give Landlord final binding written notice ("Binding
                  Notice") of Tenant's exercise of its Renewal Option, or (ii)
                  if Tenant disagrees with Landlord's determination, provide
                  Landlord with written notice of rejection (the "Rejection
                  Notice"). If Tenant fails to provide Landlord with either a
                  Binding Notice or Rejection Notice within such 15 day period,
                  Tenant's Renewal Option shall be null and void and of no
                  further force and effect. If Tenant provides Landlord with a
                  Binding Notice, Landlord and Tenant shall enter into the
                  Renewal Amendment (as defined below) upon the terms and
                  conditions set forth herein. If Tenant provides Landlord with
                  a Rejection Notice, Landlord and

                                       1
<PAGE>

                  Tenant shall work together in good faith to agree upon the
                  Prevailing Market rate for the Premises during the Renewal
                  Term. Upon agreement, Landlord and Tenant shall enter into the
                  Renewal Amendment in accordance with the terms and conditions
                  hereof. Notwithstanding the foregoing, if Landlord and Tenant
                  fail to agree upon the Prevailing Market rate within 30 days
                  after the date Tenant provides Landlord with the Rejection
                  Notice, Tenant, by written notice to Landlord (the
                  "Arbitration Notice") within 5 days after the expiration of
                  such 30 day period, shall have the right to have the
                  Prevailing Market rate determined in accordance with the
                  arbitration procedures described in Section D below. If
                  Landlord and Tenant fail to agree upon the Prevailing Market
                  rate within the 30 day period described and Tenant fails to
                  timely exercise its right to arbitrate, Tenant's Renewal
                  Option shall be deemed to be null and void and of no further
                  force and effect.

            D.    Arbitration Procedure.

                  1.    If Tenant provides Landlord with an Arbitration Notice,
                        Landlord and Tenant, within 5 days after the date of the
                        Arbitration Notice, shall each simultaneously submit to
                        the other, in a sealed envelope, its good faith estimate
                        of the Prevailing Market rate for the Premises during
                        the Renewal Term (collectively referred to as the
                        "Estimates"). If the higher of such Estimates is not
                        more than 105% of the lower of such Estimates, then
                        Prevailing Market rate shall be the average of the two
                        Estimates. If the Prevailing Market rate is not resolved
                        by the exchange of Estimates, then, within 7 days after
                        the exchange of Estimates, Landlord and Tenant shall
                        each select an appraiser to determine which of the two
                        Estimates most closely reflects the Prevailing Market
                        rate for the Premises during the Renewal Term. Each
                        appraiser so selected shall be certified as an MAI
                        appraiser or as an ASA appraiser and shall have had at
                        least 5 years experience within the previous 10 years as
                        a real estate appraiser working in Alameda County, with
                        working knowledge of current rental rates and practices.
                        For purposes hereof, an "MAI" appraiser means an
                        individual who holds an MAI designation conferred by,
                        and is an independent member of, the American Institute
                        of Real Estate Appraisers (or its successor
                        organization, or in the event there is no successor
                        organization, the organization and designation most
                        similar), and an "ASA" appraiser means an individual who
                        holds the Senior Member designation conferred by, and is
                        an independent member of, the American Society of
                        Appraisers (or its successor organization, or, in the
                        event there is no successor organization, the
                        organization and designation most similar).

                  2.    Upon selection, Landlord's and Tenant's appraisers shall
                        work together in good faith to agree upon which of the
                        two Estimates most closely reflects the Prevailing
                        Market rate for the Premises. The Estimate chosen by
                        such appraisers shall be binding on both Landlord and
                        Tenant as the Base Rent rate for the Premises during the
                        Renewal Term. If either Landlord or Tenant fails to
                        appoint an appraiser within the 7 day period referred to
                        above, the appraiser appointed by the other party shall
                        be the sole appraiser for the purposes hereof. If the
                        two appraisers cannot agree upon which of the two
                        Estimates most closely reflects the Prevailing Market
                        within 20 days after their appointment, then, within 10
                        days after the expiration of such 20 day period, the two
                        appraisers shall select a third appraiser meeting the
                        aforementioned criteria. Once the third appraiser (i.e.
                        arbitrator) has been selected as provided for above,
                        then, as soon thereafter as practicable but in any case
                        within 14 days, the arbitrator shall make his
                        determination of which of the two Estimates most closely
                        reflects the Prevailing Market rate and such Estimate
                        shall be binding on both Landlord and Tenant as the Base
                        Rent rate for the Premises. If the arbitrator believes
                        that expert advice would materially assist him, he may
                        retain one or more qualified persons to provide such
                        expert advice. The parties shall share equally in the
                        costs of the arbitrator and of any experts retained by
                        the arbitrator. Any fees of any appraiser, counsel or
                        experts engaged directly by Landlord or Tenant, however,
                        shall be borne by the party retaining such appraiser,
                        counsel or expert.

                                       2
<PAGE>

                  3.    If the Prevailing Market rate has not been determined by
                        the commencement date of the Renewal Term, Tenant shall
                        pay Base Rent upon the terms and conditions in effect
                        during the last month of the initial Term for the
                        Premises until such time as the Prevailing Market rate
                        has been determined. Upon such determination, the Base
                        Rent for the Premises shall be retroactively adjusted to
                        the commencement of the Renewal Term for the Premises.
                        If such adjustment results in an underpayment of Base
                        Rent by Tenant, Tenant shall pay Landlord the amount of
                        such underpayment within 30 days after the determination
                        thereof. If such adjustment results in an overpayment of
                        Base Rent by Tenant, Landlord shall credit such
                        overpayment against the next installment of Base Rent
                        due under the Lease and, to the extent necessary, any
                        subsequent installments, until the entire amount of such
                        overpayment has been credited against Base Rent.

            E.    Renewal Amendment. If Tenant is entitled to and properly
                  exercises its Renewal Option, Landlord shall prepare an
                  amendment (the "Renewal Amendment") to reflect changes in the
                  Base Rent, Term, Termination Date and other appropriate terms.
                  The Renewal Amendment shall be sent to Tenant within a
                  reasonable time after receipt of the Binding Notice and Tenant
                  shall execute and return the Renewal Amendment to Landlord
                  within 15 days after Tenant's receipt of same, but, upon final
                  determination of the Prevailing Market rate applicable during
                  the Renewal Term as described herein, an otherwise valid
                  exercise of the Renewal Option shall be fully effective
                  whether or not the Renewal Amendment is executed.

            F.    Prevailing Market. For purposes hereof, "Prevailing Market"
                  shall mean the arms length fair market annual rental rate per
                  rentable square foot under renewal leases and amendments
                  entered into on or about the date on which the Prevailing
                  Market is being determined hereunder for space comparable to
                  the Premises in the Building and office buildings comparable
                  to the Building in project known as Watergate Office Towers
                  located in Emeryville, California. The determination of
                  Prevailing Market shall take into account any material
                  economic differences between the terms of this Lease and any
                  comparison lease or amendment, such as rent abatements,
                  construction costs and other concessions and the manner, if
                  any, in which the landlord under any such lease is reimbursed
                  for operating expenses and taxes.

            G.    Subordination. Notwithstanding anything herein to the
                  contrary, Tenant's Renewal Option is subject and subordinate
                  to the expansion rights (whether such rights are designated as
                  a right of first offer, right of first refusal, expansion
                  option or otherwise) of any tenant of the Building existing on
                  the date hereof.

                                       3
<PAGE>

                                    EXHIBIT F

                                PARKING AGREEMENT

      This Exhibit (the "Parking Agreement") is attached to and made a part of
the Lease by and between EOP-EMERYVILLE PROPERTIES, L.L.C., A DELAWARE LIMITED
LIABILITY COMPANY ("Landlord") and ZIPREALTY, INC., A CALIFORNIA CORPORATION
("Tenant") for space in the Building located at 2000 Powell Street, Emeryville,
California

1.    The capitalized terms used in this Parking Agreement shall have the same
      definitions as set forth in the Lease to the extent that such capitalized
      terms are defined therein and not redefined in this Parking Agreement. In
      the event of any conflict between the Lease and this Parking Agreement,
      the latter shall control.

2.    Landlord hereby grants to Tenant and persons designated by Tenant a
      license to use forty-seven (47) non-reserved parking spaces in the parking
      facility ("Parking Facility") located partially beneath the Property. The
      term of such license shall commence on the Commencement Date under the
      Lease and shall continue until the earlier to occur of the Termination
      Date under the Lease, the sooner termination of the Lease, or Tenant's
      abandonment of the Premises thereunder. During the term of this license,
      Tenant shall pay Landlord the prevailing monthly charges established from
      time to time for parking in the Parking Facility, payable in advance, with
      Tenant's payment of monthly Base Rent. The initial charge for such parking
      spaces is $60.00 per non-reserved parking pass, per month. No deductions
      from the monthly charge shall be made for days on which the Parking
      Facility is not used by Tenant. Tenant may, from time to time request
      additional parking spaces, and if Landlord shall provide the same, such
      parking spaces shall be provided and used on a month-to-month basis, and
      otherwise on the foregoing terms and provisions, and at such prevailing
      monthly parking charges as shall be established from time to time.

3.    Tenant shall at all times comply with all applicable ordinances, rules,
      regulations, codes, laws, statutes and requirements of all federal, state,
      county and municipal governmental bodies or their subdivisions respecting
      the use of the Parking Facility. Landlord reserves the right to adopt,
      modify and enforce reasonable rules ("Rules") governing the use of the
      Parking Facility from time to time including any key-card, sticker or
      other identification or entrance system and hours of operation. The rules
      set forth herein are currently in effect. Landlord may refuse to permit
      any person who violates such rules to park in the Parking Facility, and
      any violation of the rules shall subject the car to removal from the
      Parking Facility.

4.    Unless specified to the contrary above, the parking spaces hereunder shall
      be provided on a non-designated "first-come, first-served" basis. Tenant
      acknowledges that Landlord has no liability for claims arising through
      acts or omissions of any independent operator of the Parking Facility.
      Landlord shall have no liability whatsoever for any damage to items
      located in the Parking Facility, nor for any personal injuries or death
      arising out of any matter relating to the Parking Facility, except to the
      extent caused by the gross negligence or willful misconduct of Landlord,
      and in all events, Tenant agrees to look first to its insurance carrier
      and to make commercially reasonable efforts to require that Tenant's
      employees look first to their respective insurance carriers for payment of
      any losses sustained in connection with any use of the Parking Facility.
      Tenant hereby waives on behalf of its insurance carriers all rights of
      subrogation against Landlord or Landlord's agents. Landlord reserves the
      right to assign specific parking spaces, and to reserve parking spaces for
      visitors, small cars, handicapped persons and for other tenants, guests of
      tenants or other parties, which assignment and reservation or spaces may
      be relocated as determined by Landlord from time to time, and Tenant and
      persons designated by Tenant hereunder shall not park in any location
      designated for such assigned or reserved parking spaces. Tenant
      acknowledges that the Parking Facility may be closed entirely or in part
      in order to make repairs or perform maintenance services, or to alter,
      modify, re-stripe or renovate the Parking Facility, or if required by
      casualty, strike, condemnation, act of God, governmental law or
      requirement or other reason beyond the operator's reasonable control. In
      such event, Landlord shall refund any prepaid parking rent hereunder,
      prorated on a per diem basis. Subject to Landlord's obligation to comply
      with Laws, casualty damage, a Taking, Force Majeure and Landlord's repair
      obligations contained in the Lease, Landlord shall not reduce the number
      of Tenant's non-reserved parking spaces below a total of 47 parking
      spaces.

                                       1
<PAGE>

5.    If Tenant shall default under this Parking Agreement, the operator shall
      have the right to remove from the Parking Facility any vehicles hereunder
      which shall have been involved or shall have been owned or driven by
      parties involved in causing such default, without liability therefor
      whatsoever. In addition, if Tenant shall default under this Parking
      Agreement, Landlord shall have the right to cancel this Parking Agreement
      on 10 days' written notice, unless within such 10 day period, Tenant cures
      such default. If Tenant defaults with respect to the same term or
      condition under this Parking Agreement more than 5 times during any 12
      month period, and Landlord notifies Tenant thereof promptly after each
      such default, the next default of such term or condition during the
      succeeding 12 month period, shall, at Landlord's election, constitute an
      incurable default. Such cancellation right shall be cumulative and in
      addition to any other rights or remedies available to Landlord at law or
      equity, or provided under the Lease (all of which rights and remedies
      under the Lease are hereby incorporated herein, as though fully set
      forth). Any default by Tenant under the Lease shall be a default under
      this Parking Agreement, and any default under this Parking Agreement shall
      be a default under the Lease.

6.    During the initial Term, Tenant shall be entitled to license and use up to
      an additional 47 parking spaces located in the Parking Facility (the
      "Additional Spaces") pursuant to the terms and conditions of this Parking
      Agreement, the Lease and the following:

         a.    In the event Tenant desires to license and use any Additional
               Spaces, Tenant shall notify Landlord in writing ("Tenant's
               Parking Exercise Notice") of the specific number of Additional
               Spaces Tenant desires to license and use. Tenant's use of such
               Additional Spaces will be governed by the terms and conditions of
               this Parking Agreement except as otherwise expressly provided
               herein. The charge for such Additional Spaces shall be $85.00 per
               non-reserved pass per month. Landlord shall prepare and both
               parties shall execute an amendment to this Lease (a "Parking
               Amendment") reflecting Tenant's license and use of such
               Additional Spaces.

         b.    Notwithstanding anything to the contrary contained herein or in
               any Parking Amendment, if Landlord in its reasonable discretion
               determines that Tenant's license and use of any Additional Spaces
               violates any Law or contravenes any parking rights existing as of
               the date of this Lease of other tenants of the Building or the
               Watergate Office Towers, or other parties, or prevents other
               tenants from receiving the minimum Building standard parking
               allocation (which standard parking allocation is, as of the date
               of this Lease, 2.7 parking spaces per 1,000 rentable square feet
               of premises, or interferes with Landlord's management and
               operation of the Building or the Parking Facilities, Landlord, by
               written notice to Tenant, may terminate Tenant's license to use
               some or all of the Additional Spaces by providing 30 days prior
               written notice in accordance with the terms of the Lease (or such
               shorter period if required by Law). Any such termination shall be
               effective as of the last day of the first full month following
               the date written notice of termination is delivered to Tenant.
               Notwithstanding the foregoing, in no event shall the term of
               Tenant's license with respect to any Additional Spaces extend
               beyond the Termination Date. Landlord shall not terminate
               Tenant's license to use any Additional Spaces in an arbitrary
               manner and without making commercially reasonable efforts to
               provide a reasonable solution mutually acceptable to all parties,
               including, without limitation, hiring a valet parking service to
               assist with over parking issues that may arise, provided that the
               cost of such valet service may be included in Expenses pursuant
               to Section IV.C of the Lease.

         c.    Notwithstanding anything contained herein to the contrary,
               Tenant's right to license and use any Additional Spaces is
               subject and subordinate to the requirements of any applicable
               Laws and to the parking rights of any tenant of the Building and
               the Watergate Office Towers project existing on the date hereof.
               Nothing contained herein shall require Landlord to violate any
               provision of any other lease or other agreement to which Landlord
               is a party.

         d.    Tenant's shall continue to have a right to license and use the
               Additional Spaces provided that: (i) At the time Tenant delivers
               to Landlord Tenant's Parking Exercise Notice, Tenant is not in
               default under the Lease beyond any applicable cure periods, and
               (ii) No part of the Premises is sublet (other than pursuant to a
               Permitted Transfer, as defined in Article XII of the Lease) at
               the time that Tenant delivers to Landlord Tenant's Parking
               Exercise Notice; and (iii) The Lease has not been assigned (other
               than pursuant to a Permitted Transfer, as defined in

                                       2
<PAGE>

            Article XII of the Lease) prior to the date that Tenant delivers to
            Landlord Tenant's Parking Exercise Notice.

                                      RULES

      (i)   Parking Facility hours shall be 6:00 a.m. to 8:00 p.m., however,
            Tenant shall have access to the Parking Facility on a 24 hour basis,
            7 days a week. Tenant shall not store or permit Its employees to
            store any automobiles in the Parking Facility without the prior
            written consent of the operator. Except for emergency repairs,
            Tenant and its employees shall not perform any work on any
            automobiles while located in the Parking Facility, or on the
            Property. If it is necessary for Tenant or its employees to leave an
            automobile in the Parking Facility overnight, Tenant shall provide
            the operator with prior notice thereof designating the license plate
            number and model of such automobile.

      (ii)  Cars must be parked entirely within the stall lines painted on the
            floor, and only small cars may be parked in areas reserved for small
            cars.

      (iii) All directional signs and arrows must be observed,

      (iv)  The speed limit shall be 5 miles per hour.

      (v)   Parking spaces reserved for handicapped persons must be used only by
            vehicles properly designated.

      (vi)  Parking is prohibited in all areas not expressly designated for
            parking, including without limitation:

            (a) Areas not striped for parking

            (b) aisles

            (c) where "no parking" signs are posted

            (d) ramps

            (e) loading zones

      (vii) Parking stickers, key cards or any other devices or forms of
            identification or entry supplied by the operator shall remain the
            property of the operator. Such device must be displayed as requested
            and may not be mutilated in any manner. The serial number of the
            parking identification device may not be obliterated. Parking passes
            and devices are not transferable and any pass or device in the
            possession of an unauthorized holder will be void.

      (viii)Monthly fees shall be payable in advance prior to the first day of
            each month. Failure to do so will automatically cancel parking
            privileges and a charge at the prevailing daily parking rate will be
            due. No deductions or allowances from the monthly rate will be made
            for days on which the Parking Facility is not used by Tenant or its
            designees.

      (ix)  Parking Facility managers or attendants are not authorized to make
            or allow any exceptions to these Rules.

      (x)   Every parker is required to park and lock his/her own car.

      (xi)  Loss or theft of parking pass, identification, key cards or other
            such devices must be reported to Landlord and to the Parking
            Facility manager immediately. Any parking devices reported lost or
            stolen found on any authorized car will be confiscated and the
            illegal holder will be subject to prosecution. Lost or stolen passes
            and devices found by Tenant or its employees must be reported to the
            office of the garage immediately.

      (xii) Washing, waxing, cleaning or servicing of any vehicle by the
            customer and/or his agents is prohibited. Parking spaces may be used
            only for parking automobiles.

      (xiii)By signing this Parking Agreement, Tenant agrees to acquaint all
            persons to whom Tenant assigns a parking space with these Rules.

6.    TENANT ACKNOWLEDGES AND AGREES THAT, TO THE FULLEST EXTENT PERMITTED BY
      LAW, LANDLORD SHALL NOT BE RESPONSIBLE FOR ANY LOSS

                                       3
<PAGE>

      OR DAMAGE TO TENANT OR TENANTS PROPERTY (INCLUDING, WITHOUT LIMITATIONS,
      ANY LOSS OR DAMAGE TO TENANT'S AUTOMOBILE OR THE CONTENTS THEREOF DUE TO
      THEFT, VANDALISM OR ACCIDENT) ARISING FROM OR RELATED TO TENANT'S USE OF
      THE PARKING FACILITY OR EXERCISE OF ANY RIGHTS UNDER THIS PARKING
      AGREEMENT, WHETHER OR NOT SUCH LOSS OR DAMAGE RESULTS FROM LANDLORD'S
      ACTIVE NEGLIGENCE OR NEGLIGENT OMISSION. THE LIMITATION ON LANDLORD'S
      LIABILITY UNDER THE PRECEDING SENTENCE SHALL NOT APPLY HOWEVER TO LOSS OR
      DAMAGE ARISING DIRECTLY FROM LANDLORD'S WILLFUL MISCONDUCT.

7.    Without limiting the provisions of Paragraph 6 above, Tenant hereby
      voluntarily releases, discharges, waives and relinquishes any and all
      actions or causes of action for personal injury or property damage
      occurring to Tenant arising as a result of parking in the Parking
      Facility, or any activities incidental thereto, wherever or however the
      same may occur, and further agrees that Tenant will not prosecute any
      claim for personal injury or property damage against Landlord or any of
      its officers, agents, servants or employees for any said causes of action.
      It is the intention of Tenant by this instrument, to exempt and relieve
      Landlord from liability for personal injury or property damage caused by
      negligence.

8.    The provisions of Article XXI of the Lease are hereby incorporated by
      reference as if fully recited.

      Tenant acknowledges that Tenant has read the provisions of this Parking
Agreement, has been fully and completely advised of the potential dangers
incidental to parking in the Parking Facility and is fully aware of the legal
consequences of signing this instrument.

                                       4
<PAGE>

                                    EXHIBIT G

                            FORM OF LETTER OF CREDIT

                         [Name of Financial Institution]

                                            Irrevocable Standby Letter of Credit
                                            No.________________________________
                                            Issuance Date:_____________________
                                            Expiration Date:___________________
                                            Applicant: ZipRealty, Inc.

Beneficiary

EOP-Emeryville Properties, L.L.C.
2200 Powell Street
Suite 200
Emeryville, California 94608

Ladies/Gentlemen:

      We hereby establish our Irrevocable Standby Letter of Credit in your favor
for the account of the above referenced Applicant in the amount of One Hundred
Eighty Thousand and No/100 U.S. Dollars ($180,000.00) available for payment at
sight by your draft drawn on us when accompanied by the following documents:

1.    An original copy of this Irrevocable Standby Letter of Credit.

2.    Beneficiary's dated statement purportedly signed by one of its officers
      reading: "This draw in the amount of____________________U.S. Dollars
      ($__________) under your Irrevocable Standby Letter of Credit
      No._____________ represents funds due and owing to us as a result of the
      Applicant's failure to comply with one or more of the terms of that
      certain lease by and between EOP-Emeryville Properties; L.L.C., as
      landlord, and ZipRealty, Inc., as tenant."

      It is a condition of this Irrevocable Standby Letter of Credit that it
will be considered automatically renewed for a one year period upon the
expiration date set forth above and upon each anniversary of such date, unless
at least 60 days prior to such expiration date or applicable anniversary
thereof, we notify you in writing by certified mail, return receipt requested,
that we elect not to so renew this Irrevocable Standby Letter of Credit. A copy
of any such notice shall also be sent to: Equity Office Properties Trust, 2
North Riverside Plaza, Suite 2100, Chicago, Illinois 60606, Attention: Treasury
Department. In addition to the foregoing, we understand and agree that you shall
be entitled to draw upon this Irrevocable Standby Letter of Credit in accordance
with 1 and 2 above in the event that we elect not to renew this Irrevocable
Standby Letter of Credit and, in addition, you provide us with a dated statement
purportedly signed by one of Beneficiary's officers stating that the Applicant
has failed to provide you with an acceptable substitute irrevocable standby
letter of credit in accordance with the terms of the above referenced lease. We
further acknowledge and agree

                                      -1-
<PAGE>

that: (a) upon receipt of the documentation required herein, we will honor your
draws against this Irrevocable Standby Letter of Credit without inquiry into the
accuracy of Beneficiary's signed statement and regardless of whether Applicant
disputes the content of such statement; (b) this Irrevocable Standby Letter of
Credit shall permit partial draws and, in the event you elect to draw upon less
than the full stated amount hereof, the stated amount of this Irrevocable
Standby Letter of Credit shall be automatically reduced by the amount of such
partial draw; and (c) you shall be entitled to transfer your interest in this
Irrevocable Standby Letter of Credit from time to time without our approval and
without charge. In the event of a transfer, we reserve the right to require
reasonable evidence of such transfer as a condition to any draw hereunder.

      This Irrevocable Standby Letter of Credit is subject to the Uniform
Customs and Practice for Documentary Credits (1993 revision) ICC Publication No.
500.

      We hereby engage with you to honor drafts and documents drawn under and in
compliance with the terms of this Irrevocable Standby Letter of Credit.

      All communications to us with respect to this Irrevocable Standby Letter
of Credit must be addressed to our office located at____________________________
to the attention of ____________________.

                                                    Very truly yours,

                                                   _________________________

                                                            [name]
                                                   _________________________

                                                            [title]
                                                   _________________________

                                        2
<PAGE>

                                    EXHIBIT H

                            ASSET PURCHASE AGREEMENT

                        ASSET PURCHASE AND SALE AGREEMENT

This Asset Purchase and Sale Agreement (the "Agreement") is made and entered
into by and between zipRealty, Inc., a California corporation, formerly known as
zipRealty.com, Inc., hereinafter called Seller, and the City of Richmond, a
municipal corporation, hereinafter called Buyer. Buyer and Seller are sometimes
referred to herein individually as a "Party" and collectively as the "Parties."

                                    RECITALS

A.    Seller is engaged in an online real estate business located at 1401 Marina
Way South, Richmond, California (the "Premises"). Seller occupies such Premises
under the terms of that certain Lease between Seller and Marina Westshore
Partners, LLC, a limited liability company, dated on or about March 7, 2000, and
that certain First Amendment and Partial Cancellation of Marina Bay Business
Park Standard Office Lease (collectively the "LEASE").

B.    By this Agreement, Buyer desires to purchase and Seller desires to sell
some of the assets of Seller currently located at the Premises, including
furniture, fixtures, equipment, and any other property set forth in EXHIBIT A
attached to this Agreement (the "Personal Property"). Seller also desires to
transfer its interest in and Buyer desires to assume a contract for security
system maintenance at the Premises and a Software License Upgrade- Support
Agreement, which are more fully described in EXHIBIT A-1 attached to this
Agreement (the "Contracts"). The Personal Property and the Contracts shall be
referred to herein collectively as the "PROPERTY".

                                    AGREEMENT

NOW, THEREFORE, in consideration of the foregoing recitals, the promises and
covenants of the Parties in this Agreement, and other good and valuable
consideration, the receipt and sufficiency of which the Parties acknowledge, the
Parties agree as follows:

            1.    DEFINITIONS. Certain capitalized terms used in this Agreement
have the meanings defined below:

                  a.    "Assignment of Contracts" is defined in paragraph 5 of
this Agreement.

                  b.    "Business Day" means any Monday through Friday, except
any such day on which the United States Mail is not delivered.

                  c.    "Buyer" is defined in the first paragraph of this
Agreement.

                  d.    "Closing" or "Close of Escrow" means the date upon which
the Bill of Sale and Assignment of Contracts are executed and delivered, and
possession of the Properties delivered to Buyer, in accordance with the terms of
this Agreement.

                                        3
<PAGE>

                  e.    "Closing Date" is defined in paragraph 4 of the
Agreement.

                  f.    "Contracts" are defined in the Recitals to this
Agreement.

                  g.    "Current Funds" mean wire transfers, certified funds or
cashier's checks in a form acceptable to Seller, which would permit Seller to
immediately use those funds.

                  h.    "Effective Date" means the first date all Parties have
signed or executed this Agreement.

                  i.    "Feasibility Date" means November 21, 2001.

                  j.    "Personal Property" is defined in the Recitals to this
Agreement.

                  k.    "Premises" is defined in the Recitals to this Agreement.

                  l.    "Property" is defined in the Recitals to this Agreement.

                  m.    "Purchase Price" is defined in paragraph 2 of this
Agreement.

            2.    PURCHASE AND SALE. Subject to the terms and conditions set
forth below, Buyer agrees to buy, and Seller agrees to sell, the Property for
the sum of FOUR HUNDRED SIXTY THOUSAND DOLLARS ($460,000.00) (the "Purchase
Price").

            3.    EFFECTIVE DATE: This Agreement shall become effective upon the
Effective Date.

            4.    CLOSING: The Closing shall occur on the date Seller vacates
the Premises (the "Closing Date"). The Closing shall be evidenced by (i) payment
in cash or Current Funds to Seller of the Purchase Price, (ii) delivery to
Seller of the Buyer Documents referenced in paragraph 5a and (iii) the delivery
to Buyer of the Seller Documents referred to in paragraph 5b below.

            5.    DELIVERIES AT CLOSING:

                  a.    DELIVERIES BY BUYER: On or before the Closing Date,
Buyer shall deliver to Seller the following:

                        (i)   Proof of Buyer's authority and authorization to
enter into this Agreement, and such proof of the power and authority of the
individuals signing this Agreement on behalf of Buyer to act for and bind Buyer,
as may reasonably be required by Seller;

                        (ii)  Cash or Current Funds in the amount of the
Purchase Price;

                        (iii) A duly executed assignment of contracts (the
"Assignment of Contracts") in substantially the form attached as EXHIBIT B,
pursuant to which Seller shall assign to Buyer all its right, title and interest
in and to, and Buyer shall accept and assume all of

                                        4
<PAGE>

Seller's obligations with respect to the Contracts. Alternatively, Buyer may
enter into a new contract or contracts directly with Northland Control Systems,
Inc. relating to the security system on the Premises and provide Seller at
Closing a release of Buyer's obligations and liabilities under the Contracts
executed by Northland in a form reasonably acceptable to Buyer, and

                        (iv)  All other instruments and documents necessary to
consummate the transactions contemplated by this Agreement,

                  b.    DELIVERIES BY SELLER: On or before the Closing Date,
Seller shall deliver to Buyer the following:

                        (i)   A duly executed bill of sale (the "Bill of Sale"),
in substantially the form attached as EXHIBIT C, conveying all of Seller's
right, title and interest in and to the Personal Property to Buyer;

                        (ii)  A duly executed Assignment of Contracts, unless
Buyer directly contracts with Northland Control Systems, Inc. and provides
Seller with a releases of its obligations and liabilities under the Contracts as
set forth more fully in Paragraph 5a(iii), above;

                        (iii) Proof of Seller's authority and authorization to
enter into this Agreement, and such proof of the power and authority of the
individuals signing this Agreement on behalf of Seller to act for and bind
Seller, as may reasonably be required by Buyer;

                        (iv)  All other instruments and documents necessary to
consummate the transactions contemplated by this Agreement, and

                        (v)   A duly executed Termination Agreement terminating
the Lease as provided in Paragraph 10(a), below and a waiver or satisfaction of
any conditions contained therein.

            6.    DUE DILIGENCE:

                  a.    Seller shall promptly, upon execution of this Agreement
by both Parties, deliver to Buyer all documents and written information
concerning the Personal Property and Contracts that Buyer may reasonably request
and which is in Seller's possession or control, including without limitation
copies of the Contracts. Prior to or on the Feasibility Date, Buyer shall
deliver written notice to Seller of Buyer's approval or disapproval of the
Personal Property and Contracts. If Buyer shall disapprove of the Personal
Property and/or Contracts this Agreement shall immediately terminate, unless
otherwise agreed to in writing by the Parties, and neither Party shall have any
further obligations or liabilities to the other hereunder. If Buyer does not
provide written notice to Seller as provided for herein approving or
disapproving of the Personal Property and Contracts, Buyer's right to approve or
disapprove of the Personal Property and Contracts shall be deemed waived.

                  b.    Seller expressly consents to Buyer entering upon the
Premises after 24 hours prior notice to Seller for the purpose of conducting any
investigation of the Personal Property Buyer deems appropriate. Buyer shall
indemnify, defend and hold Seller free and

                                       5
<PAGE>

harmless from all loss or liability (including, without limitation, attorneys'
fees) arising solely and directly from such activities of Buyer and its agents,
contractors, and employees upon the Premises prior to Closing, provided,
however, that Buyer shall have no liability for any loss or damage attributable
to the acts or omissions of Seller or Seller's agents. Buyer's indemnity
obligations as set forth in this Paragraph shall survive the Closing or any
termination of this Agreement.

                  c.    Unless otherwise specified, Buyer shall pay for all
costs associated with its efforts to conduct an investigation of the Personal
Property.

            7.    AS-IS SALE: Except as set forth expressly to the contrary
herein, Buyer acknowledges that (i) Buyer has been given a reasonable, adequate
and sufficient opportunity to inspect and investigate the Property, and all
aspects relating thereto, either directly or through agents and experts of
Buyer's choosing, (ii) that Buyer is acquiring the Property on "AS -IS" basis
with no representations and warranties of any kind, including without limitation
any implied warranty of merchantability as to the condition of the Property or
implied warranty of fitness for any particular purpose, and (iii) any documents
given to Buyer by Seller pursuant this Agreement or otherwise shall be deemed
and are in fact delivered without representation or warranty of any kind as to
the accuracy or truthfulness of the information contained therein (except with
respect to any documents created entirely by Seller, if any, which Seller
delivers to Buyer) and that Seller shall incur no liability as a result of any
reliance by Buyer on such documents. Notwithstanding the above, Seller
represents and warrants that any documents delivered to Buyer from third parties
shall be true and complete copies of the same in Seller's possession.

            8.    WAIVER AND RELEASE: Buyer hereby expressly waives and forever
releases any and all claims that Buyer may now have or hereafter acquire against
Seller arising from or related to the condition of the Property; provided,
however, that such waiver and release shall not apply to any matter covered by
an express representation and warranty of Seller contained herein.

            9.    SELLER'S OBLIGATIONS.

                  a.    Maintenance of Property. At all times prior to the
Closing Date, Seller shall maintain the Property in its current condition as of
the Effective Date and shall (subject to Paragraph 12 below) at its expense
repair any damage to the Property that occurs between the Effective Date and the
Closing.

                  b.    Consents. On or before the Closing Date, Seller shall
obtain all necessary consents required, if any is needed, to assign Seller's
interest in the Property to Buyer.

                  c.    Vacate Premises. Subject to Force Majeure (as defined
below), Seller shall vacate the Premises by no later than January 16, 2002.
Seller shall provide written notice to Buyer at least five (5) business days
before the date Seller intends to vacate the Premises. For purposes of this
Agreement, "Force Majeure" means that delays in Tenant vacating the Premises
shall be excused for the actual period said performance is delayed by (a) any
strike,

                                       6
<PAGE>

lockout, or other labor dispute, (b) war, riot, sabotage, quarantine, epidemic,
or terrorism, (c) adverse weather, earthquakes, or other similar acts of God,
(d) any delay or delays in the landlord's delivery of possession of the premises
to be leased by tenant pursuant to the New Tenant Lease (defined below) and/or
any delay or delays in the completion of the renovations and other tenant
improvements to be constructed for the benefit of Tenant pursuant to the New
Tenant Lease (except to the extent any such delay is caused by the acts of
Tenant), (e) material shortages or the failure to supply power, gas or
electricity by PG&E, and/or (f) governmental, quasi-governmental or judicial
action or inaction, restriction, regulation, or ordinance, provided that in no
event shall financial inability of Tenant constitute Force Majeure.

            10.   SELLER'S CONTINGENCIES. Seller's obligations under this
Agreement are contingent on satisfaction or express waiver of the following
conditions:

                  a.    Lease Cancellation. On or before 11:59 p.m., November
27, 2001, Seller shall enter into a Lease Cancellation and Release Agreement
terminating the Lease (the "Termination Agreement"), on terms and conditions
satisfactory to Seller, in its sole discretion. Among other things, such
Termination Agreement shall not require Seller to pay a cancellation fee or any
other fees or charges and shall be contingent on the purchase by Buyer of the
Property.

                  b.    Lease Agreement. On or before 11:59 p.m., November 27,
2001, Seller shall enter into a Lease Agreement for space for its main office to
be located at 2000 Powell Street, Emeryville, CA on terms and conditions
satisfactory to Seller, in its sole discretion (the "New Tenant Lease").

                  c.    Acceptance of Contracts Assignment. On or prior to the
Closing Date, Northland Control Systems, Inc. written consent to or approval of
the Assignment of Contracts and release of Seller from its obligations and
liabilities thereunder or the Buyer obtaining such a release for Seller if Buyer
elects to enter into a contract directly with Northland.

                  d.    Title To Cubicles. On or prior to the Closing Date,
Seller acquiring title to all of the cubicles being sold as part of the
Property,

      Seller shall notify Buyer promptly upon satisfaction of the conditions set
forth in subparagraphs a., b., c. and d. above. In the event any one or more of
such contingencies is not satisfied or waived in writing by Seller in its sole
discretion, Seller shall have the right to terminate this Agreement by providing
Buyer with notice of such termination by no later than the first business day
after each respective contingency or contingency period expires. If as to a
particular contingency no such termination notice is so provided by Seller, such
contingency shall be deemed waived. Upon termination of this Agreement pursuant
to this paragraph, this Agreement shall be null and void, and of no force and
effect.

            11.   BUYER'S CONTINGENCIES: Buyer's obligations under this
Agreement are contingent on satisfaction or express waiver of the following
conditions:

                  a.    Buyer not exercising its right to terminate this
Agreement pursuant to Paragraph 6a, above.

                                       7
<PAGE>

      Buyer shall notify Seller promptly upon satisfaction of the condition set
forth in subparagraph a.., above. In the event such contingency is not satisfied
or waived in writing by Buyer in its sole discretion, Buyer shall have the right
to terminate this Agreement by providing Seller with notice of such termination
by no later than the first business day after such contingency or contingency
period expires. If no such termination notice is so provided by Buyer, such
contingency shall be deemed waived. Upon termination of this Agreement pursuant
to this paragraph, this Agreement shall be null and void, and of no force and
effect.

            12.   RISK OF LOSS: Seller assumes the risk of loss to the Property
prior to the Closing Date. In the event that all or a material part of the
Property is destroyed or materially damaged without fault of Buyer such that it
cannot be readily repaired without fault of Buyer prior to Closing, the Purchase
Price shall be reduced proportionately to reflect the loss based upon the fair
market value of the Property as of the date of such loss or material damage is
discovered by Seller.

            13.   COMMISSIONS: Each Party represents and warrants that no
broker, finder or any other person or entity has any claim for any brokerage
commission or fees in connection with the transaction contemplated by this
Agreement. Each Party shall indemnify and hold the other harmless against any
claim or loss suffered as a result of any claim for brokerage commissions or
fees payable, or claimed to be payable, on the basis of any actions in
connection with this Agreement.

            14.   REPRESENTATIONS AND WARRANTIES:

                  a.    BY SELLER: Seller hereby represents and warrants to
Buyer as follows:

                        (i)   Each person signing this Agreement on behalf of
Seller has full power and authority to bind Seller, and that all necessary
documents evidencing such power and authority shall be provided to Buyer on or
before the Closing Date.

                        (ii)  Seller has not alienated, encumbered, transferred,
optioned, leased, assigned, transferred, or otherwise conveyed its interest or
any portion of its interest in the Property or any portion thereof, nor has the
Seller entered into any agreement (other than this Agreement) to do so.

                        (iii) Seller has full capacity, right, power and
authority to enter into this Agreement and to perform its obligations hereunder.

                        (iv)  This Agreement constitutes the legal, valid and
binding obligation of Seller enforceable against Seller in accordance with its
terms, except to the extent that such enforcement may be limited by applicable
bankruptcy, insolvency, moratorium and other principles relating to or limiting
the rights of contracting parties generally.

                        (v)   Seller is a corporation organized, validly
existing and in good standing under the laws of the State of California.

                                       8
<PAGE>

                        (vi)  Except for the Personal Property or fixtures
listed on EXHIBIT A-2, Seller owns or will own immediately prior to Closing, the
Property, free and clear of all liens, claims and encumbrances, and Seller has
no actual knowledge of any pending litigation involving the Property.

                        (vii) The Personal Property or fixtures described on
EXHIBIT A-2 shall be left on the Premises by Tenant and Tenant shall cause a
clause to be included in its Termination Agreement whereby Tenant's current
Landlord agrees not to remove such Personal Property or fixtures from the
Premises so that the City can use the same when the City occupies the Premises.

All representations, warranties and covenants of Seller in this Agreement are
made as of the Effective Date and as of the Closing, and shall survive the
Closing. It shall be a material failure of condition hereunder if Seller is
unable to make any of the above representations and warranties truthfully as of
the Closing Date and Buyer's obligation to perform under the Agreement is
expressly conditioned on Seller's representations and warranties set forth
herein being true and correct as of the Closing Date. In the event that Buyer
subsequently becomes aware, from Seller or otherwise, of any inaccuracy,
incorrectness, omission, and/or breach of any representation, warranty, and/or
covenant given by Seller herein, Buyer hereby agrees that, under no
circumstances, shall Buyer be entitled to purchase the Property and then bring
any claim or action against Seller for fraud or other damages in excess of the
amount of the Purchase Price paid for such Property, or any portion thereof, as
a result of such inaccuracy, incorrectness, omission, and/or breach.

                  b.    BY BUYER: Buyer hereby represents and warrants to Seller
as follows:

                        (i)   Each person signing this Agreement on behalf of
Buyer has full power and authority to bind Buyer, and that all necessary
documents evidencing such power and authority shall be provided to Seller on or
before the Closing Date.

                        (ii)  Buyer has full capacity, right, power and
authority to enter into this Agreement and to perform its obligations hereunder.

                        (iii) This Agreement constitutes the legal, valid and
binding obligation of Buyer enforceable against Buyer in accordance with its
terms, except to the extent that such enforcement may be limited by applicable
bankruptcy, insolvency, moratorium and other principles relating to or limiting
the rights of contracting parties generally.

All representations, warranties and covenants of Buyer in this Agreement are
made as of the Effective Date and as of the Closing, and shall survive the
Closing. It shall be a material failure of condition hereunder if Buyer is
unable to make any of the above representations and warranties truthfully as of
the Closing Date and Seller's obligation to perform under the Agreement is
expressly conditioned on Buyer's representations and warranties set forth herein
being true and correct as of the Closing Date. In the event that Seller
subsequently becomes aware, from Buyer or otherwise, of any inaccuracy,
incorrectness, omission, and/or breach of any representation, warranty, and/or
covenant given by Buyer herein, Seller hereby agrees that, under no
circumstances, shall Seller be entitled to have the Close of Escrow occur and
then bring any claim or action against Buyer for fraud or other damages in
excess of the amount of

                                       9
<PAGE>

the Purchase Price paid for such Property, or any portion thereof, as a result
of such inaccuracy, incorrectness, omission, and/or breach.

            15.   NOTICES: Wherever in this Contract one party hereto is
required or permitted to give a notice, request, demand, consent or approval to
the other, such communication shall be given in writing and shall be delivered
either personally, by an overnight courier service with signed proof of receipt,
or forwarded by certified mail, postage prepaid, return receipt requested
addressed as follows:

To Seller:           zipRealty, Inc.
                     1401 Marina Way South
                     Richmond, CA 94804
                     Fax: (510) 237-2395
                     Attn: Kurt Waag

With a copy to:      Miller, Starr & Regalia
                     c/o Michael E. Di Geronimo
                     1331 N. California, Fifth Floor
                     Walnut Creek, CA 94596
                     Fax: (925) 933-4126

 To Buyer:           City of Richmond
                     Office of the City Attorney
                     2600 Barrett Avenue
                     2nd Floor City Hall
                     Richmond, CA 94804
                     Fax: 510-620-6518
                     Attn: Malcolm Hunter

Either party may change its address for notice by written notice given to the
other in the manner hereinabove provided. Any such communication shall be deemed
to have been duly given on the date personally delivered or delivered by courier
service or, if delivered by mail as provided above, on the third Business Day
after mailing.

            16.   WAIVER OF RELOCATION BENEFITS: As further and additional
consideration for the purchase of the Property, Seller voluntarily and knowingly
agrees to release and forever discharge Buyer, its Mayor, Councilmembers,
officers, employees, agents, successors and assigns, from any and all claims or
damages for relocation assistance benefits which may arise by reason of Article
9 of Chapter 4 of Division 24 of the Health & Safety Code of the State of
California or by reason of Chapter 16 of Division 7 of Title I of the
Governmental Code of the State of California, or by reason of the Federal Act
entitled "Uniform Relocation Assistance and Real Property Acquisition Policies
Act of 1970" (Public Law 91-646), as amended, or by reason of any law, rule or
regulation of the United States of American, the State of California, the County
of Contra Costa or the City of Richmond.

            ---------------
            Seller

            17.   LIQUIDATED DAMAGES: IF SELLER DEFAULTS IN THE PERFORMANCE OF
ITS OBLIGATIONS UNDER THIS AGREEMENT BY NOT

                                       10
<PAGE>

VACATING THE PREMISES BY THE DATE SPECIFIED IN PARAGRAPH 9C ABOVE DUE TO A
NON-FORCE MAJEURE EVENT, THEN BUYER SHALL BE ENTITLED TO A REDUCTION IN THE
PURCHASE PRICE OF SEVEN HUNDRED FIFTY DOLLARS ($750) PER DAY FOR EACH DAY AFTER
JANUARY 16, 2002 THAT SELLER IS LATE IN VACATING THE PREMISES AS LIQUIDATED
DAMAGES AND AS BUYER'S SOLE AND EXCLUSIVE REMEDY FOR SAID DEFAULT. BUYER AND
SELLER ACKNOWLEDGE THAT THE AMOUNT OF THE REDUCTION REPRESENTS THE REASONABLE
ESTIMATE BY THE PARTIES OF THE AMOUNT OF DAMAGES THAT BUYER WOULD SUFFER AS A
RESULT OF SUCH A DEFAULT BY SELLER. BUYER AND SELLER HEREBY AGREE THAT THE
DAMAGES SUFFERED BY BUYER IN THE EVENT THE TRANSACTION CONTEMPLATED BY THIS
AGREEMENT FAILS TO CLOSE AS SPECIFIED HEREIN DUE TO SELLER'S FAILURE TO VACATE
THE PREMISES IN A TIMELY FASHION WOULD BE IMPRACTICABLE OR EXTREMELY DIFFICULT
TO ACCURATELY DETERMINE AND THAT THE SUBJECT REDUCTION IN THE PURCHASE PRICE IS
UNDER SUCH CIRCUMSTANCES FAIR AND ADEQUATE DAMAGES OR COMPENSATION FOR SUCH A
DEFAULT, AND SELLER SHALL HAVE NO OTHER OR FURTHER OBLIGATION OR LIABILITY UNDER
THIS AGREEMENT TO BUYER ON ACCOUNT OF SUCH FAILURE. BY INITIALING THIS PROVISION
IN THE SPACES BELOW, SELLER AND BUYER EACH SPECIFICALLY AFFIRM THEIR RESPECTIVE
AGREEMENTS CONTAINED IN THIS PARAGRAPH.

            _______________         ____________________
            Buyer                   Seller

            18.   MISCELLANEOUS:

                  a.    CAPTIONS: The headings and captions contained in this
Agreement are inserted only as a matter of convenience and for reference and in
no way define, limit or describe the scope or intent of this Agreement or any
provision herein contained.

                  b.    TIME OF ESSENCE: Time is of the essence of this
Agreement. The undersigned Seller offers to sell the Property described above on
the terms and conditions herein set forth.

                  c.    CONSTRUCTION: This Agreement has been negotiated by the
efforts of the parties and their respective counsel, and the principal of
construction against the draftsmen shall have no application in the construction
and interpretation of this Agreement.

                  d.   GOVERNING LAW. This Agreement shall be interpreted,
construed and governed by and in accordance with the laws of the State of
California.

                  e.    ENTIRE AGREEMENT: This Agreement together with any
document or instrument which is attached hereto as an exhibit or which is to be
executed pursuant to this Agreement constitute the entire agreement between the
parties hereto with respect to the subject

                                       11
<PAGE>

matter hereof. Any previous or concurrent negotiations or understandings with
respect to the subject matter hereof are hereby superseded and integrated into
this Agreement and shall have no bearing on the construction or interpretation
of this Agreement.

                  f.    AMENDMENTS: This Agreement may not be modified or
amended except by a writing duly executed and delivered by Seller and Buyer.

                  g.    THIRD PARTY BENEFICIARIES: This Agreement is intended to
be for the sole benefit of Seller, Buyer and their respective successors and
assigns. No other person, firm, corporation, partnership, or other legal entity
shall have any right, title, interest or claim to any matters covered herein, or
the right to demand performance of this Agreement.

                  h.    FURTHER ASSURANCES: Each of the parties to this
Agreement agrees that it shall reasonably cooperate with the other in such ways,
and execute such additional documents, as may reasonably be requested by such
other party in order to more fully carry out the objectives of this Agreement.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date
and year set forth below.

Executed by Seller on                  SELLER:
__________________, 2001

                                       ZIPREALTY, INC., a California corporation

                                       By: ____________________________

                                       Its: ___________________________

Executed by Buyer on                   BUYER:
__________________, 2001

                                       CITY OF RICHMOND, a municipal
                                       corporation

                                       By: ____________________________

                                       Its: ___________________________

                                       12
<PAGE>

                                   EXHIBIT "A"

                        DESCRIPTION OF PERSONAL PROPERTY

(i)    60 Cubicles;

(ii)   Security System;

(iii)  Computer Racks;

(iv)   Patch Panels (There is an existing fiber optic connection which runs
between both ends of the building);

(v)    Electrical Connections and Data/Phone Cabling to each current and planned
cubicle;

(vi)   Category 6 data cable throughout the office space;

(vii)  Lucent twenty-year (20) cable guarantee (transferable);

(viii) Server Room with anti-static floor and dedicated air conditioning;

(ix)   Electrical and data/phone cabling in six conference rooms;

(x)    63 fold-out tables;

(xi)   14 conference room chars;

(xii)  187 work station chairs;

(xiii) 10 desks;

(xiv)  10 stacking chairs;

(xv)   2 white boards;

(xvi)  16 used work stations

                                       13
<PAGE>

                                  EXHIBIT "A-1"

                            DESCRIPTION OF CONTRACTS

      "Commercial Sales Agreement" entered into by and between zipRealty, Inc.
and Northland Control Systems, Inc., dated August 9, 2000.

      "Software License Upgrade - Support Agreement" entered into by and between
zipRealty, Inc. and Northland Control Systems, Inc., dated August 4, 2000.

<PAGE>

                                  EXHIBIT "A-2"

                       FIXTURES BEING LEFT ON THE PREMISES

1.    Electrical Connections and Data/Phone Cabling to each current and planned
      cubicle;

2.    Category 6 data cable throughout the office space;

3.    Server Room with anti-static floor and dedicated air conditioning; and

4.    Electrical and data/phone cabling in six conference rooms.

                                       2
<PAGE>

                                   EXHIBIT "B"

                             ASSIGNMENT OF CONTRACTS

This ASSIGNMENT OF CONTRACTS (this "Assignment") is made as of _, 2001, (the
"Effective Date") by ZIPREALTY INC., a California corporation, formerly known as
zipRealty.com, Inc. ("Assignor") in favor of the CITY OF RICHMOND ("Assignee"),
pursuant to that certain ASSET PURCHASE AND SALE AGREEMENT, by and between
Assignor and Assignee, dated November_, 2001 (the "Agreement"). This Assignment
is subject to the terms and provisions of the Agreement, and in the event of any
inconsistency between the Agreement and this Assignment, the terms and
provisions of the Agreement shall control.

                                    RECITALS

      A.    Assignor is a party to that certain Commercial Sales Agreement
concerning the sale, service and maintenance of a security system for the
Premises, entered into by and between itself and Northland Control Systems,
Inc., on or about August 9, 2000 and a Software License Upgrade - Support
Agreement entered into by and between Assignor and Northland Control Systems,
Inc., on or about August 4, 2000 (the "Contracts").

      B.    Pursuant to the terms of the Agreement, Assignor desires to assign
Assignor's rights, title, and interest in the Contracts to Assignee, and
Assignee desires to accept the assignment and assume all Assignor's obligations
associated with the Contracts.

      NOW, THEREFORE, in consideration of the payment and delivery to Assignor
of all monies and instruments to be paid and delivered to Assignor by Assignee
pursuant to the terms of the Agreement, the receipt of which Assignor
acknowledges, Assignor and Assignee agree as follows:

            A.    Assignment of Contracts Rights. Assignor assigns and transfers
to Assignee all of its right, title, and interest in and to the Contracts as of
the Effective Date, subject to, in the case of the Contracts that requires
consent to assignment, the receipt of the required consent.

            B.    Acceptance of Assignment and Obligations. Assignee agrees to
and accepts the assignment of the Contracts, and assumes and covenants to keep,
perform, and fulfill, except as expressly provided in the Agreement, the
executory portion of the terms, covenants, conditions, and obligations of each
of the Contracts required to be kept, performed, and fulfilled by Assignor under
the Contracts from and after the Effective Date.

            C.    Successors and Assigns. This Assignment shall inure to the
benefit of and be binding on, the successors and assigns of the parties.

            D.    Counterparts. This Assignment may be executed in any number of
counterparts, each of which shall be deemed an original. The counterparts shall
together constitute but one agreement.

      IN WITNESS WHEREOF, the parties have executed this Assignment as of the
Effective Date.

ASSIGNOR:

ZIPREALTY INC., a California corporation

By:   ___________________________

Its:  ___________________________

                                       1
<PAGE>

ASSIGNEE:

CITY OF RICHMOND, a municipal
corporation

By:   ___________________________

Its:  ___________________________

                                       2
<PAGE>

                              CONSENT TO ASSIGNMENT

      Northland Control Systems, Inc., a __ corporation, hereby agrees and
consents to the above-referenced Assignment of Contracts entered into by and
between zipRealty, Inc., a California corporation, and the City of Richmond, and
hereby agrees that zipRealty, Inc. shall be released from all liability and
obligations in connection with and arising under the agreements or contracts
being assigned to the City of Richmond pursuant to the Assignment of Contracts
as of the date thereof.

                                       NORTHLAND CONTROL  SYSTEMS, INC.,  A ___
                                       corporation

                                       By:________________________

                                       Its:_______________________

                                       Dated:_____________________

                                       3
<PAGE>

                                    EXHIBIT C

                                  BILL OF SALE

This BILL OF SALE (this "Bill of Sale") is made as of ______, ___, 2001, by
ZIPREALTY INC., a California corporation ("zipRealty ") in favor of CITY OF
RICHMOND, a municipal corporation ("City"), pursuant to that certain ASSET
PURCHASE AND SALE AGREEMENT, by and between zipRealty and City, dated October
_____, 2001 (the "Agreement"). This Bill of Sale is subject to the terms and
provisions of the Agreement, and in the event of any inconsistency between the
Agreement and this Bill of Sale, the terms and provisions of the Agreement shall
control.

For good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, zipRealty hereby sells, conveys, grants, delivers,
transfers and assigns to City, without representation or warranty of any kind,
except as expressly provided for in the Agreement, all of zipRealty's right,
title and interest in, if any, to all that Personal Property described more
fully in Exhibit 1 which is attached hereto and incorporated herein. (If any
conflict exists between the Agreement and this Bill of Sale, the Agreement shall
control.)

                                 ZIPREALTY INC., a California corporation

                                 By:____________________________

                                 Its:___________________________

                                       4
<PAGE>

                                    EXHIBIT 1

              (Description of Personal Property Being Transferred)

(i)    60 Cubicles;

(ii)   Security System;

(iii)  Computer Racks;

(iv)   Patch Panels (There is an existing fiber optic connection which runs
between both ends of the building);

(v)    Electrical Connections and Data/Phone Cabling to each current and planned
       cubicle;

(vi)   Category 6 data cable throughout the office space;

(vii)  Lucent twenty-year (20) cable guarantee (transferable);

(viii) Server Room with anti-static floor and dedicated air conditioning;

(ix)   Electrical and data/phone cabling in six conference rooms;

(x)    63 fold-out tables;

(xi)   14 conference room chars;

(xii)  187 work station chairs;

(xiii) 10 desks;

(xiv)  10 stacking chairs;

(xv)   2 white boards;

(xvi)  16 used work stations

                                       5

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