Document:

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                                                                    Exhibit 4.4

                                GREENTREE, INC.
                      RESTRICTED STOCK PURCHASE AGREEMENT

     THIS STOCK PURCHASE AGREEMENT is made as of May 14, 1998, by and between,
GreenTree, Inc., a Delaware corporation (the "Company"), and Eric Budin (the
"Founder").

     In consideration of the mutual promises and covenants set forth herein, the
parties hereto hereby agree as follows (capitalized terms are defined in the
Appendix attached hereto):

     A.   SALE OF STOCK

          1.   Sale, Payment.  Founder hereby purchases from the Company,
               -------------
subject to the terms hereof, 659,684 shares of Common Stock (the "Common Stock
Purchased Shares" or the "Purchased Shares") of the Company.  In exchange for
the Purchased Shares, the Founder hereby assigns to the Company all right, title
and interest and to the Founder's membership interest (as defined in Section
17001(z) of the California Limited Liability Company Act) (the "Interest" or
"Purchase Price") in Nutrition Direct, LLC, a California limited liability
company (the "LLC") operating pursuant to that certain limited liability company
operating agreement among the Founder and the other members signed on or about
January 9, 1998 (the "LLC Agreement").  The Company and the Founder agree that
the fair market value of the Interest is approximately equal to the Fair Market
Value of the Purchased Shares.

          2.   Issuance of Certificates.  Upon receipt by the Company of a duly-
               ------------------------
executed blank Assignment Separate from Certificate (in the form attached hereto
as Exhibit 11), the Company shall issue a duly executed certificate(s)
representing the Purchased Shares.  Such certificate(s) shall be held in escrow
in accordance with the provisions of this Agreement.

          3.   Representations and Warranties of Founder.  Founder hereby
               -----------------------------------------
represents and warrants that:

               (a) (i) the Interest, including, without limitation, that number
of shares appearing opposite Founder's name in Exhibit I attached hereto,
constitutes Founder's entire interest in the LLC, (ii) that this assignment of
the Interest constitutes a valid and legally binding obligation, enforceable in
accordance with its terms; (iii) the Founder has full power and authority to
assign the Interest; and (iv) as to the assignment of the Interest, the
execution and delivery of this Stock Purchase Agreement does not (A) violate any
provision of law applicable to the Founder, (B) conflict with any document,
agreement, or instrument to which the Founder is a party, other than the LLC
Agreement, or (C) other than pursuant to the terms of the LLC Agreement, require
the Founder to obtain any consent or approval of, or give notice to, any person
except for notices, approvals, and consents that have previously been made or
obtained.

                                       1
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               (b) The Purchased Shares are being acquired for Founder's own
account for investment purposes only, and not as a nominee or agent, and not
with a view to the resale or distribution of all or any part of the Purchased
Shares. Founder is prepared to hold the Purchased Shares for an indefinite
period and has no present intention of selling, granting any participation in,
or otherwise distributing any of the Purchased Shares. Founder does not have any
contract, undertaking, agreement or arrangement with any person to sell,
transfer or grant a participating interest in, any of the Purchased Shares.
Founder has no present plan or intention to engage in a sale, exchange,
transfer, distribution, redemption, reduction in any way of its risk of
ownership by short sale or otherwise, or other disposition, directly or
indirectly of the Purchased Shares.

               (c) Founder has been furnished with, and has had access to, such
information as he considers necessary or appropriate for deciding whether to
invest in the Purchased Shares, and Founder has had an opportunity to ask
questions and receive answers from the Company regarding the terms and
conditions of the issuance of the Purchased Shares.

               (d) Founder is able to fend for himself in the transactions
contemplated by this Agreement, can bear the economic risk of investment in the
Purchased Shares and has such knowledge and experience in financial or business
matters to be capable of evaluating the merits and risks of the investment in
the Purchased Shares.

     B.   SECURITIES LAW COMPLIANCE

          1.   Restricted Securities.  The Purchased Shares have not been
               ---------------------
registered under the 1933 Act, on the ground that the sale provided for in this
Agreement is exempt from the requirements of the 1933 Act and the Company's
reliance on such exemptions is predicated on Founder's representations herein.
Founder hereby confirms that Founder has been informed that the Purchased Shares
are restricted securities under the 1933 Act and may not be resold or
transferred unless the Purchased Shares are first registered under the federal
securities laws or unless an exemption from such registration is available.
Accordingly, Founder hereby acknowledges that Founder is prepared to hold the
Purchased Shares for an indefinite period and that Founder is aware that SEC
Rule 144 under the 1933 Act, which exempts certain resales of unrestricted
securities, is not presently available to exempt the resale of the Purchased
Shares from the registration requirements of the 1933 Act.

          2.   Restrictions on Disposition of Purchased Shares.  Founder shall
               -----------------------------------------------
make no disposition of the Purchased Shares (other than a Permitted Transfer)
unless and until there is compliance with all requirements of this Agreement and
any applicable laws.  The Company shall not be required (i) to transfer on its
books any Purchased Shares which have been sold or transferred in violation of
the provisions of this Agreement or (ii) to treat as the owner of the Purchased
Shares, any transferee to whom the Purchased Shares have been transferred in
contravention of this Agreement.

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          3.   Restrictive Legends.  The stock certificate(s) for the Purchased
               -------------------
Shares shall be endorsed with one or more of the following restrictive legends:

               (a) "The shares represented by this certificate have not been
registered under the Securities Act of 1933.  The shares may not be sold or
offered for sale in the absence of (i) an effective registration statement for
the shares under such Act, (ii) a 'no action' letter of the Securities and
Exchange Commission with respect to such sale or offer, or (iii) satisfactory
assurances to the Company that registration under such Act is not required with
respect to such sale or offer."

               (b) "The shares represented by this certificate are unvested and
subject to certain repurchase rights granted to the Company and accordingly may
not be sold, assigned, transferred, encumbered, or in manner disposed of except
in conformity with the terms of a written agreement dated May 14, 1998, between
the Company and the registered holder of the shares (or the predecessor in
interest to the shares).  A copy of such agreement is maintained at the
Company's principal corporate offices."

               (c) "The Shares represented by this certificate are subject to a
right of first refusal option in favor of the Company, as provided by the Bylaws
of the Company. Copies of the Company's Bylaws may be obtained upon written
request to the secretary of the Company."

          4.   Condition to Issuance.  THE SALE OF THE PURCHASED SHARES HAS NOT
               ---------------------
BEEN QUALIFIED WITH THE COMMISSIONER OF CORPORATIONS OF THE STATE OF CALIFORNIA,
AND THE ISSUANCE OF SUCH SHARES OR THE PAYMENT OR RECEIPT OF ANY PART OF THE
CONSIDERATION THEREFOR PRIOR TO SUCH QUALIFICATION IS UNLAWFUL UNLESS THE SALE
OF SUCH SHARES IS EXEMPT FROM QUALIFICATION BY SECTIONS 25100, 25102 OR 25105 OF
THE CALIFORNIA CORPORATIONS CODE.  THE RIGHTS OF ALL PARTIES TO THIS AGREEMENT
ARE EXPRESSLY CONDITIONED UNLESS THE SALE IS SO EXEMPT.

     C.   TRANSFER RESTRICTIONS

          1.   Restriction on Transfer.  Except for any Permitted Transfer,
               -----------------------
Founder shall not transfer, assign, encumber or otherwise dispose of any of the
Purchased Shares that are subject to the Repurchase Right.

          2.   Transferee Obligations.  Each person (other than the Company) to
               ----------------------
whom the Purchased Shares are transferred by means of a Permitted Transfer must,
as a condition precedent to the validity of such transfer, acknowledge in
writing to the Company that such person is bound by the provisions of this
Agreement and that the transferred shares are subject to (i) the Repurchase
Right, (ii) the Right of First Refusal, (iii) the Market Stand-Off, and (iv) the
securities restrictions set forth in Section B above, to the same extent such
shares would be so subject if retained by Founder.

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          3.   Market Stand-Off.
               ----------------

               (a) In connection with any underwritten public offering by the
Company of its equity securities pursuant to an effective registration statement
filed under the 1933 Act, including, the Company's initial public offering,
Owner shall not sell, make any short sale of, loan, hypothecate, pledge, grant
any option for the purchase of, or otherwise dispose or transfer for value or
otherwise agree to engage in any of the foregoing transactions with respect to,
any Purchased Shares without the prior written consent of the Company or its
underwriters. Such restriction (the "Market Stand-Off") shall be in effect for
such period of time from and after the effective date of the final prospectus
for the offering as may be requested by the Company or such underwriters. In no
event, however, shall such period exceed one hundred eighty (180) days and the
Market Stand-Off shall in all events terminate two (2) years after the effective
date of the Company's initial public offering.

               (b) Any new, substituted or additional securities that are by
reason of any Recapitalization or Reorganization distributed with respect to the
Purchased Shares shall be immediately subject to the Market Stand-Off, to the
same extent the Purchased Shares are at such time covered by such provisions.

               (c) In order to enforce the Market Stand-Off, the Company may
impose stop-transfer instructions with respect to the Purchased Shares until the
end of the applicable standoff period.

     D.   REPURCHASE RIGHT

          1.   Grant.  The Company is hereby granted the right (the "Repurchase
               -----
Right"), exercisable at any time during the thirty (30) day period following the
date Founder ceases for any reason to remain in Service, to repurchase for $0.16
per share, all or any portion of the Purchased Shares in which Founder is not,
at the time of his cessation of Service, vested.

          2.   Exercise of the Repurchase Right.  The Repurchase Right shall be
               --------------------------------
exercisable by written notice delivered to each Owner prior to the expiration of
the thirty (30) day exercise period.  The notice shall indicate the number of
Unvested Shares to be repurchased and the date on which the repurchase is to be
effected, such date to be not more than thirty (30) days after the date of such
notice.  The certificates representing the Unvested Shares to be repurchased
shall be delivered to the Company prior to the close of business on the date
specified for the repurchase.  Concurrently with the receipt of such stock
certificates, the Company shall pay to Owner, by Company check (or cancellation
of any purchase-money indebtedness), an amount equal to $0.16 per share.

          3.   Termination of the Repurchase Right.  The Repurchase Right shall
               -----------------------------------
terminate with respect to any Unvested Shares for which it is not timely
exercised under Paragraph D.2 herein. In addition, the Repurchase Right shall
terminate and cease to be exercisable with respect to any and all Purchased
Shares in which Founder vests in accordance with the following vesting schedule
(the "Vesting Schedule"):

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          Founder shall have a fully vested interest in 192,407 shares of
     the Company's Common Stock Purchased Shares. Founder shall acquire a
     vested interest and the Company's Repurchase Right shall lapse in the
     remaining Purchased Shares in 34 successive equal monthly installments
     upon Founder's completion of each full month of Service, measured from
     and after May 1, 1998.

          In the event that Founder is terminated without Cause, the
     Repurchase Right shall be deemed to have lapsed with respect to fifty
     percent (50%) of the shares to which the Repurchase Right applies
     immediately prior to the Founder's termination of service to the
     Company.

          4.   Recapitalization/Reorganization.  Any new, substituted or
               -------------------------------
additional securities or other property (including cash paid other than as a
regular cash dividend), which is by reason of any Recapitalization distributed
with respect to the Purchased Shares, shall be immediately subject to the
Repurchase Right, but only to the extent the Purchased Shares are at the time
covered by such right.  Appropriate adjustments to reflect such distribution
shall be made to the number and/or class of Purchased Shares subject to this
Agreement and to the price per share to be paid upon the exercise of the
Repurchase Right in order to reflect the effect of any such Recapitalization
upon the Company's capital structure.  In the event of a Reorganization, other
than a Change in Control, the Repurchase Right shall remain in full force and
effect and shall apply to the new capital stock or other property received in
exchange for the Purchased Shares in consummation of the Reorganization, but
only to the extent the Purchase Shares are at the time covered by such right.

          5.   Change in Control.
               -----------------

               (a)  In the event that a Change in Control occurs such Repurchase
Right will be deemed to have lapsed, and Founder will have obtained a vested
interest in a portion of the Purchased Shares, as if Founder had completed
thereafter an additional six (6) months of Service.

               (b)  In the event that a Change in Control occurs and Founder is
later terminated without Cause, such Repurchase Right will be deemed to have
lapsed and Founder will have obtained a vested interest in a portion of the
Purchased Shares, as if Founder had completed thereafter one (1) additional year
of Service.

               (c)  In addition to the foregoing, in the event that a Change of
Control occurs and after giving effect to Sections D.5(a) or D.5(b) above, some
of the Purchased Shares would remain subject to vesting pursuant to Section D.3
above, such remaining Purchased Shares shall also vest fully, and the Repurchase
Right shall automatically lapse in its entirety, unless (i) the Repurchase Right
is expressly assigned by the Company to the successor entity (or Parent thereof)
in such Change in Control and (ii) the consideration issued and delivered by
such successor entity (or Parent thereof)

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with respect to such unvested Purchased Shares continue to vest in accordance
with the remaining vesting schedule provided for in Section D.3 above based on
Founder's continued Service for the Company or such successor entity (or Parent
thereof).

          (d) To the extent the Repurchase Right remains in effect following a
Change in Control, such right shall apply to the new capital stock or other
property (including any cash payment) received by Founder in exchange for the
Purchased Shares in consummation of the Change in Control, but only to the
extent the Purchased Shares are at the time covered by such right.  Appropriate
adjustments shall be made to the number and/or kind of Purchased Shares subject
to this Agreement and to the price per share payable upon exercise of the
Repurchase Right to reflect the effect of the Change in Control upon the
Company's capital structure; provided, however, that the aggregate repurchase
price shall remain the same.

     E.   RIGHT OF FIRST REFUSAL

     The Shares purchased hereunder are subject to the Right of First Refusal
set forth in the Company's Bylaws.

     F.   ESCROW

          1.   Deposit.  Upon issuance, the certificates for the Purchased
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Shares that are subject to the Repurchase Right shall be deposited in escrow
with the Company to be held in accordance with the provisions of this Article F.
The deposited certificates, together with any other assets or securities from
time to time deposited with the Company pursuant to the requirements of this
Agreement, shall remain in escrow until such time or times as the certificates
(or other assets and securities) are to be released or otherwise surrendered for
cancellation in accordance with Paragraph F.3.  Upon delivery of the
certificates (or other assets and securities) to the Company, Founder shall be
issued a receipt acknowledging the number of Purchased Shares (or other assets
and securities) delivered in escrow.

          2.   Recapitalization/Reorganization.  Any new, substituted or
               -------------------------------
additional securities or other property which is by reason of any
Recapitalization or Reorganization distributed with respect to the Purchased
Shares (other than regular cash dividends) shall be immediately delivered to the
Company to be held in escrow under this Article F, but only to the extent the
Purchased Shares are at the time subject to the escrow requirements hereunder.

          3.   Release/Surrender.  The Purchased Shares, together with any other
               -----------------
assets or securities held in escrow hereunder, shall be subject to the following
terms relating to their release from escrow or their surrender to the Company
for repurchase and cancellation:

               (a) Should the Company elect to exercise the Repurchase Right
with respect to any Unvested Shares, then the escrowed certificates for those
Unvested Shares (together with any other assets or securities attributable
thereto) shall be surrendered to the Company.

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          (b) Should the Company elect to exercise the First Refusal Right with
respect to any Target Shares held at the time in escrow hereunder, then the
escrowed certificates for those Target Shares (together with any other assets or
securities attributable thereto) shall be surrendered to the Company.

          (c) Should the Company elect not to exercise the Repurchase Right with
respect to any Unvested Shares or the First Refusal Right with respect to any
Target Shares held at the time in escrow hereunder, then the escrowed
certificates for those shares (together with any other assets or securities
attributable thereto) shall be immediately released to Owner.

          (d) As the Purchased Shares (or any other assets or securities
attributable thereto) vest in accordance with the Vesting Schedule, the
certificates for those vested shares (as well as all other vested assets and
securities) shall be released from escrow upon Owner's request, but not more
frequently than once every six (6) months.

          (e) All Purchased Shares that vest (and any other vested assets and
securities attributable thereto) shall be released within thirty (30) days after
the earlier to occur of (i) Owner's cessation of Service or (ii) the lapse of
the First Refusal Right.

     G.   SPECIAL TAX ELECTION

     The acquisition of the Purchased Shares may result in adverse tax
consequences that may be avoided or mitigated by filing an election under Code
Section 83(b).  Such election must be filed within thirty (30) days after the
date of this Agreement.  A description of the tax consequences applicable to the
acquisition of the Purchased Shares and the form for making the Code Section
83(b) election are set forth in Exhibit III.  FOUNDER SHOULD CONSULT WITH HIS
TAX ADVISOR TO DETERMINE THE TAX CONSEQUENCES OF ACQUIRING THE PURCHASED SHARES
AND THE ADVANTAGES AND DISADVANTAGES OF FILING THE CODE SECTION 83(b) ELECTION.
FOUNDER ACKNOWLEDGES THAT IT IS FOUNDER'S SOLE RESPONSIBILITY, AND NOT THE
COMPANY'S, TO FILE A TIMELY ELECTION UNDER CODE SECTION 83(b), EVEN IF FOUNDER
REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON HIS BEHALF.

     H.   GENERAL PROVISIONS

          1.   No Employment or Service Contract.  Nothing in this Agreement
               ---------------------------------
shall confer upon Founder any right to continue in Service for any period of
specific duration or interfere with or otherwise restrict in any way the rights
of the Company (or any Parent or Subsidiary employing or retaining Founder) or
of Founder, which rights are hereby expressly reserved by each, to terminate
Founder's Service at any time for any reason, with or without cause.

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          2.   Notices.  Any notice required or permitted to be given under this
               -------
Agreement shall be given in writing and shall be deemed effective upon personal
delivery, upon delivery by confirmed facsimile or electronic transmission (with
duplicate original sent by U.S. mail) or upon deposit in the U.S. mail,
registered or certified, postage prepaid and properly addressed to the party to
be notified at the address indicated below such party's signature line on this
Agreement or at such other address as such party may designate by ten (10) days
advance written notice (under the terms of this paragraph) to all other parties
to this Agreement.

          3.   No Waiver.  The failure of the Company in any instance to
               ---------
exercise the Repurchase Right or the First Refusal Right shall not constitute a
waiver of any other repurchase rights and/or rights of first refusal that may
subsequently arise under the provisions of this Agreement or any other agreement
between the Company and Founder.  No waiver of any breach or condition of this
Agreement shall be deemed to be a waiver of any other or subsequent breach or
condition, whether of like or different nature.

          4.   Cancellation of Shares.  If the Company shall make available, at
               ----------------------
the time and place and in the amount and form provided in this Agreement, the
consideration for the Purchased Shares to be repurchased in accordance with the
provisions of this Agreement, then from and after such time, the person from
whom such shares are to be repurchased shall no longer have any rights as a
holder of such shares (other than the right to receive payment of such
consideration in accordance with this Agreement).  Such shares shall be deemed
purchased in accordance with the applicable provisions hereof, and the Company
shall be deemed the owner and holder of such shares, whether or not the
certificates therefor have been delivered as required by this Agreement.

     I.   MISCELLANEOUS PROVISIONS

          1.   Further Actions.  The parties hereby agree to take whatever
               ---------------
additional actions and execute whatever additional documents they may deem
necessary or advisable in order to carry out or effect one or more of the
obligations or restrictions imposed on either of them or on the Purchased Shares
pursuant to the provisions of this Agreement.

          2.   Amendments and Waivers.  This Agreement represents the entire
               ----------------------
understanding of the parties with respect to the subject matter hereof and
supersedes all previous understandings, whether written or oral

          3.   Governing Law.  This Agreement shall be governed by, and
               -------------
construed in accordance with, the laws of the State of California without resort
to that State's conflict-of-laws rules.

          4.   Counterparts.  This Agreement may be executed in counterparts,
               ------------
each of which shall be deemed to be an original, but all of which together shall
constitute one and the same instrument.

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          5.   Successors and Assigns.  The terms and provisions of this
               ----------------------
Agreement shall inure to the benefit of, and be binding upon, the Company and
its successors and assigns and upon Founder, Founder's permitted assigns and
legal representatives, heirs and legatees of Founder's estate, whether or not
any such person shall have become a party to this Agreement and have agreed in
writing to join herein and be bound by the terms hereof.

          6.   Titles and Subtitles.  The titles and subtitles used in this
               --------------------
Agreement are used for convenience only and are not to be considered in
construing or interpreting this Agreement.

          7.   Severability.  If one or more provisions of this Agreement are
               ------------
held to be unenforceable under applicable law, such provision shall be excluded
from this Agreement and the balance of the Agreement shall be interpreted as if
such provision were so excluded and shall be enforceable in accordance with its
terms.

          8.   Capitalized Terms.  Capitalized terms used herein but not defined
               -----------------
herein shall have the meanings given such terms in the Appendix attached hereto.

                                       9
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     IN WITNESS WHEREOF, the parties have executed this Agreement on the date
first indicated above.

                                   GREENTREE, INC.

                                   By:  /s/ Donald M. Kendall
                                        Don Kendall, Chief Executive Officer

                                   Address:  c/o GreenTree Nutrition, Inc.
                                             520 Third Street, Suite 245
                                             San Francisco, CA 94107

                                   FOUNDER:/1/

                                   ERIC BUDIN

                                   /s/ Eric Budin

                                   Address:  c/o GreenTree Nutrition, Inc.
                                             520 Third Street, Suite 245
                                             San Francisco, CA 94107

____________________
/1/   I have received the Section 83(b) election that was attached hereto as an
Exhibit. I understand that I, and not the Company, will be responsible for
                                  ---
completing the form and filing the election with the appropriate office of the
federal and state tax authorities and that if such filing is not completed
within thirty (30) days after the date of this Agreement, I will forfeit the
opportunity to use Section 83(b).

                                       10
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                                   EXHIBIT I

                              FOUNDER'S INTEREST

Founder                       LLC Shares                 Amount of Shares
-------------------------------------------------------------------------

Eric Budin                    Common Stock                        640,000

                                       11
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                                  EXHIBIT II

                     ASSIGNMENT SEPARATE FROM CERTIFICATE

     FOR VALUE RECEIVED, __________ hereby sells, assigns and transfers unto
GreenTree, Inc. (the "Company") _________________ (________) shares of the
Common Stock of the Company standing in his/her name on the books of the Company
represented by Certificate Number(s) ____________ herewith and does hereby
irrevocably constitute and appoint _____________________________ his/her
attorney-in-fact to transfer such stock on the books of the Company with full
power of substitution in the premises.

Dated: May 14, 1998

                              /s/Eric Budin
                              ------------------------
                              Signature

     This Assignment Separate from Certificate was executed in conjunction with
the terms of the Stock Purchase Agreement by and between the above assignor and
GreenTree, Inc. dated May 14, 1998.

Instruction to Exhibit 11:  Please do not fill in any blanks other than the
               ----------
signature line.  Please sign exactly as you would like your name to appear on
the issued stock certificate.  The purpose of this assignment is to enable the
Company to exercise the Repurchase Right without requiring additional signatures
on the part of Founder.

                                       12
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                                  EXHIBIT III

                        FEDERAL INCOME TAX CONSEQUENCES

                        AND SECTION 83(b) TAX ELECTION

     Federal Income Tax Consequences and Section 83(b) Election.  Under Section
     ----------------------------------------------------------
83 of the Internal Revenue Code of 1986, as amended (the "Code"), the excess of
the fair market value of the Purchased Shares, on the date any forfeiture
restrictions applicable to such shares lapse, over the Purchase Price paid for
such shares will be reportable as ordinary income on the lapse date.  For this
purpose, the term "forfeiture restrictions" includes the right of the Company to
repurchase the Purchased Shares pursuant to the Repurchase Right.  However,
Founder may elect under Code Section 83(b) to be taxed at the time the Purchased
Shares are acquired, rather than when and as such Purchased Shares cease to be
subject to such forfeiture restrictions.  Such election must be filed with the
Internal Revenue Service within thirty (30) days after the date of the
Agreement.  Even if the fair market value of the Purchased Shares on the date of
the Agreement equals the Purchase Price paid (and thus no tax is payable), the
election must be made to avoid adverse tax consequences in the future.  The form
for making this election is attached as an Exhibit.  FAILURE TO MAKE THIS FILING
                                           -------
WITHIN THE APPLICABLE THIRTY (30) DAY PERIOD WILL RESULT IN THE RECOGNITION OF
ORDINARY INCOME BY FOUNDER AS THE FORFEITURE RESTRICTIONS LAPSE.

                                       13
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                                   APPENDIX

     The following definitions shall be in effect under the Agreement:

     Agreement shall mean this Stock Purchase Agreement.
     ---------

     Board shall mean the Company's Board of Directors.
     -----

     Cause shall mean Founder's deliberate and consistent refusal to perform
     -----

Founder's duties or deliberate and consistent refusal to conform to or follow
any reasonable policy adopted by the Company's Board, Founder's unauthorized use
or disclosure of the confidential information or trade secrets of the Company,
Founder's conviction of a felony under the laws of the United States or any
state thereof, or Founder's gross misconduct.

     Change in Control shall mean:
     -----------------

          (a) A merger or consolidation in which securities possessing more than
50% of the total combined voting power of the Company's outstanding securities
are transferred to one or more persons who were not stockholders of the Company
immediately before such merger or consolidation;

          (b) Any other transaction after which one or more persons who were not
stockholders of the Company immediately before such transaction beneficially own
more than 50% of the total combined voting power of the Company's outstanding
securities;

          (c) The sale, transfer or other disposition of all or substantially
all of the Company's assets; or

          (d) The complete liquidation or dissolution of the Company.

     A transaction shall not constitute a Change in Control if its sole purpose
is to change the state of the Company's incorporation or to create a holding
company that will be owned in substantially the same proportions by the persons
who held the Company's securities immediately before such transaction.

     Code shall mean the Internal Revenue Code of 1986, as amended.
     ----

     Common Stock shall mean the Company's common stock.
     ------------

     Company shall mean Promatory Communications, Inc., a Delaware corporation.
     -------

     Market Stand-Off shall mean the market stand-off restriction specified in
     ----------------
Paragraph C.3.

     1933 Act shall mean the Securities Act of 1933, as amended.
     --------

                                       14
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     Owner shall mean Founder and all subsequent holders of the Purchased Shares
     -----
who derive their chain of ownership through a Permitted Transfer from Founder.

     Parent shall mean any corporation (other than the Company) in an unbroken
     ------
chain of corporations ending with the Company, provided each corporation in the
unbroken chain (other than the Company) owns, at the time of the determination,
stock possessing fifty percent (50%) or more of the total combined voting power
of all classes of stock in one of the other corporations in such chain.

     Permitted Transfer shall mean (i) a gratuitous transfer of the Purchased
     ------------------
Shares, provided and only if Founder obtains the Company's prior written consent
to such transfer, (ii) a transfer of title to the Purchased Shares effected
pursuant to Founder's will or the laws of intestate succession following
Founder's death or (iii) a transfer to the Company in pledge as security for any
purchase-money indebtedness incurred by Founder in connection with the
acquisition of the Purchased Shares.

     Purchase Price shall have the meaning assigned to such term in Paragraph
     --------------
A.1.

     Purchased Shares shall have the meaning assigned to such term in Paragraph
     ----------------
A.1.

     Recapitalization shall mean any stock split, stock dividend,
     ----------------
recapitalization, combination of shares, exchange of shares or other change
affecting the Company's outstanding Common Stock as a class without the
Company's receipt of consideration.

     Reorganization shall mean any of the following transactions:
     --------------

     (i)   a merger or consolidation in which the Company is not the surviving
           entity;

     (ii)  a sale, transfer or other disposition of all or substantially all of
           the Company's assets;

     (iii) a reverse merger in which the Company is the surviving entity but in
           which the Company's outstanding voting securities are transferred in
           whole or in part to a person or persons different from the persons
           holding those securities immediately prior to the merger; or

     (iv)  any transaction effected primarily to change the state in which the
           Company is incorporated or to create a holding company structure.

     Repurchase Right shall mean the right granted to the Company in accordance
     ----------------
with Article D.

     SEC shall mean the Securities and Exchange Commission.
     ---

     Service shall mean the provision of services to the Company (or any Parent
     -------
or Subsidiary) by a person in his or her capacity as (a) an employee, subject to
the control

                                       15
<PAGE>

and direction of the employer entity as to both the work to be performed and the
manner and method of performance, (b) a non-employee member of the Board of
Directors or (c) as a consultant.

     Subsidiary shall mean any corporation (other than the Company) in an
     ----------
unbroken chain of corporations beginning with the Company, provided each
corporation (other than the last corporation) in the unbroken chain owns, at the
time of the determination, stock possessing fifty percent (50%) or more of the
total combined voting power of all classes of stock in one of the other
corporations in such chain.

     Vesting Schedule shall mean the vesting schedule specified in Paragraph D-
     ----------------
3.

     Unvested Shares shall mean Purchased Shares in which Purchaser has not
     ---------------
vested in accordance with Paragraphs D.1 and D.5.

                                       16<PAGE>

                                                                   EXHIBIT 4.6
                                                                   -----------

                        REGISTRATION RIGHTS AGREEMENT

     THIS REGISTRATION RIGHTS AGREEMENT (the "Agreement") is entered into as of
                                              ---------
February __, 2000, by and between more.com, Inc., a Delaware corporation (the
"Company"), and the undersigned individual ("Stockholder").
 -------                                     -----------

                                    RECITALS

     A.  This Agreement is entered into in connection with the Agreement
         and Plan of Merger, dated as of February 7, 2000 and by and among
         the Company, a wholly-owned subsidiary of the Company and Comfort
         Living, Inc., a Maryland corporation ("ComfortLiving"), and which
                                                -------------
         provides for the acquisition of ComfortLiving by the Company (the
         "Merger Agreement", and such acquisition, the "Merger").
          ----------------                              ------
         Capitalized terms used in this Agreement and not otherwise defined
         herein shall have the meanings ascribed to them in the Merger
         Agreement.

     B.  Stockholder is the record and beneficial owner of shares of the
         capital stock of the Company and/or is the holder of Rights
         pertaining to the Company Common Stock.

     C.  Pursuant to the Merger Agreement, at the effective time of the
         Merger (the "Effective Time"), each outstanding share of the
                      --------------
         capital stock of the Company will be converted into, and each
         outstanding Right pertaining to the Company Common Stock will be
         terminated in exchange for, the right to receive shares of the
         common stock of Parent ("Shares") and cash.
                                  ------

                                   AGREEMENT

     NOW, THEREFORE, in consideration of the mutual promises, representations,
warranties, covenants and conditions set forth in this Agreement, the parties
mutually agree as follows:

     1.  Piggyback Registration Rights.
         -----------------------------

         1.1  If, at any time after 180 days following the date of the closing
of Parent's initial public offering of shares of its common stock ("Common
                                                                    ------
Stock") pursuant to a registration statement on Form S-1 under the Securities
-----
Act of 1933, as amended (the "Securities Act")(if any), the Company proposes
                              --------------
to register Common Stock under the Securities Act in connection with any
offering of Common Stock (other than a registration statement on Form S-8 or
Form S-4, or their successors, or any other form for a limited purpose or
which otherwise does not include at least substantially the same information
as would be required to be included in a registration statement covering the
sale of registrable securities, or any registration statement covering only
securities proposed to be issued in exchange for securities or assets of
another

                                       1
<PAGE>

entity), whether or not for its own account, the Company shall furnish prompt
(but in no event later than fourteen (14) days prior to the filing of the
applicable registration statement) written notice to Stockholder of its
intention to effect such registration and the intended method of distribution
in connection therewith. Upon the written request of Stockholder made to the
Company within fourteen (14) days after the furnishing such notice by the
Company, the Company shall include in such registration the requested number
of Shares (the "Registrable Securities"), subject to the provisions hereof and
                ----------------------
other customary terms, conditions, limitations and cut-backs relating to the
registration of securities generally and any restrictions on transfer of
Shares pursuant to any agreement between Stockholder and the Company;
provided, that all rights granted to Stockholder pursuant to this Section 1
--------
shall terminate with respect to any Registrable Securities held by Stockholder
upon the earliest to occur of (i) the time when all of the Registrable
Securities may immediately be sold pursuant to Rule 144 under the Securities
Act within any ninety (90) day period, (ii) upon any sale of the Registrable
Securities pursuant to a registration statement or Rule 144 under the
Securities Act or (iii) the date two (2) years after the date hereof.

         1.2  Nothing in this Section 1 shall create any liability on the part
of the Company or any other person to Stockholder if the Company or any other
person should, for any reason, decide not to file a registration statement
proposed to be filed or to withdraw such registration statement subsequent to
its filing, regardless of any action whatsoever that Stockholder may have
taken, whether as a result of the issuance by the Company of any notice under
this Section 1 or otherwise.

         1.3  It shall be a condition precedent to the obligation of the
Company to include any Registrable Securities in a registration statement
pursuant to this Section 1 that Stockholder shall furnish to the Company such
information regarding himself, the Registrable Securities held by him, and the
intended method of disposition of such securities as shall be required to
effect the registration of the Registrable Securities held by Stockholder. Any
such information, or any comments on any such information included in a draft
of a registration statement provided to Stockholder for his comment, shall be
provided to the Company within any reasonable time period requested by the
Company.

         1.4  The Company may suspend any applicable registration statement
and require that Stockholder immediately cease the sale of Shares pursuant to
the registration statement in any period during which the Company is engaged
in any activity or transaction or preparations or negotiations for any
activity or transaction (the "Company Activity") that the Company in good
                              ----------------
faith desires to keep confidential for business reasons, if the Company
determines in good faith (and so certifies to Stockholder) that the public
disclosure requirements imposed on the Company under the Securities Act in
connection with the registration statement would require disclosure of the
Company Activity, or during which there exists any other material non-public
information relating to the Company which the Company determines in good faith
should not be disclosed; provided that (i) the Company shall use commercially
                         --------
reasonable efforts to minimize the length of any such period of suspension,
and (ii) any such suspension shall be applied in the same manner to any other
registration statement or proposed offering of the Company's securities
proposed or then in effect.

                                       2
<PAGE>

         1.5  Stockholder shall notify the Company, at any time when a
prospectus is required to be delivered under applicable law, of the happening
of any event as a result of which the prospectus included in the applicable
registration statement, as then in effect, with respect to information
provided or confirmed by Stockholder, 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 light of the
circumstances then existing. Stockholder shall immediately upon the occurrence
of any such event cease using such prospectus. If so requested by the Company,
Stockholder promptly shall return to the Company any copies of any prospectus
in its possession (other than permanent file copies) that contains 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
light of the circumstances then existing.

         1.6  The Company shall bear and pay all reasonable expenses incurred
by it in connection with any registration, filing or qualification of the
Registrable Securities pursuant to this Section 1, including (without
limitation) all registration, filing and qualification fees, printers' and
accounting fees, fees and disbursements of counsel for the Company, but
excluding underwriting discounts and commissions relating to the Registrable
Securities. The Company shall not be responsible for any costs, fees or
expenses of any counsel separately retained to act on behalf of Stockholder in
connection with any registration, filing or qualification hereunder.

         1.7  In connection with any underwritten offering of securities, the
Company shall not be required under this Section 1 to register any of the
Registrable Securities in connection with such underwritten offering unless
Stockholder accepts the underwriters selected by the Company and executes an
underwriting agreement with such underwriters containing such provisions as
are customary in an underwritten offering that includes shares held by a
stockholder. Registrable Securities shall be sold in such offering only in
such quantity as the lead managing underwriter determines, in its sole
discretion, will not jeopardize the success of the offering by the Company. To
the extent that the lead managing underwriter determines that attempting to
sell all of the securities sought to be registered may jeopardize the success
of the offering, the securities to be included shall be apportioned as
follows: (i) first, the Company and any holders of securities of the Company
exercising any demand registration rights granted to such holders shall be
entitled to register all securities that the Company or such other holders
propose to sell for their own accounts, in such proportion as they shall agree
upon; (ii) second, any holders of the Company securities exercising piggyback
registration rights as and to the extent that such registration rights have
priority over the registration rights granted to Stockholder hereunder; and
(iii) lastly, Stockholder, together with any holders of other the Company
securities exercising piggyback registration rights as and to the extent that
such registration rights rank pari passu with the piggyback registration
                              ---- -----
rights hereunder, shall be entitled to register, on a pro rata basis, up to
                                                      --- ----
that number of Registrable Securities and other shares of Common Stock that is
equal to the remaining shares of Common Stock that the lead managing
underwriter will permit to be registered after giving effect to the
apportionment set forth in clauses (i) and (ii) above, in connection with such
offering.

         1.8  The Company shall use its best efforts to register or qualify
the Registrable Securities under the securities laws of such states as
Stockholder shall reasonably

                                       3
<PAGE>

request in writing; provided that the Company shall not be required in
                    --------
connection with this Section 1.8 to qualify as a foreign corporation or
execute a general consent to service of process in any jurisdiction.

         1.9  Stockholder shall not have any right to obtain or seek an
injunction restraining or otherwise delaying any registration as the result of
any controversy that might arise with respect to the interpretation or
implementation of this Section 1.

     2.  Indemnification.
         ---------------

         2.1  To the extent permitted by law, the Company will indemnify and
hold harmless Stockholder against any losses, claims, damages, or liabilities
to which he may become subject under the Securities Act, the Securities
Exchange Act of 1934, as amended (the "Exchange 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") by the
                                                     ---------
Company: (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 Securities Act, the Exchange Act, any state securities
law or any rule or regulation promulgated under the Securities Act, the
Exchange Act or any state securities law in connection with the offering
covered by such registration statement; and the Company will reimburse
Stockholder for any legal or other expenses reasonably incurred by him in
connection with investigating or defending any such loss, claim, damage,
liability or action; provided, that the indemnity agreement contained in this
                     --------
Section 2.1 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 Stockholder.

         2.2  To the extent permitted by law, Stockholder will, if Shares held
by Stockholder are included in the securities as to which such registration,
qualification or compliance is being effected, indemnify and hold harmless the
Company, each of its directors and officers, its legal counsel, each Person,
if any, who controls the Company within the meaning of the Securities Act,
each underwriter and each other shareholder selling securities under such
registration statement against any losses, claims, damages or liabilities
(joint or several) to which the Company or any such director, officer,
counsel, controlling Person, underwriter or other shareholders may become
subject under the Securities Act, the Exchange 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 Stockholder; and
Stockholder will reimburse any legal or other

                                       4
<PAGE>

expenses reasonably incurred by the Company or any such director, officer,
counsel, controlling Person, underwriter or other shareholders in connection
with investigating or defending any such loss, claim, damage, liability or
action if it is judicially determined that there was such a Violation;
provided that the indemnity agreement contained in this Section 2.2 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 Stockholder,
which consent shall not be unreasonably withheld.

     3.  Miscellaneous.
         -------------

         3.1  Counterparts. This Agreement may be executed in two or more
              ------------
counterparts, each of which shall be deemed an original, but all of which
together shall constitute but one and the same instrument.

         3.2  Successors and Assigns. This Agreement shall be enforceable by
              ----------------------
and shall inure to the benefit of and be binding upon the parties hereto and
their respective successors and assigns, provided that Stockholder's right to
                                         --------
register the Registrable Securities pursuant to Section 1 may be assigned (but
only with all related obligations) by Stockholder to a permitted transferee or
assignee of such securities who, after such assignment or transfer, holds at
least a majority of the shares of Registrable Securities initially held by
Stockholder pursuant to the Acquisition Agreements (subject to appropriate
adjustment for stock splits, stock dividends, combinations and other
recapitalizations); and provided, further, that: (a) 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; (b) such transferee or
assignee agrees in writing to be bound by and subject to the terms and
conditions of this Agreement; and (c) 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 Securities
Act. As used herein, the terms "successors and assigns" shall mean, where the
context so permits, heirs, executors, administrators, trustees and successor
trustees, and personal and other representatives.

         3.3  Governing Law.  This Agreement shall be governed by and construed,
              -------------
interpreted and enforced in accordance with the laws of the State of California,
without regard to the principles of conflicts of laws.  Each of the parties
irrevocably waives the right to a jury trial in connection with any legal
proceeding relating to this Agreement and the other Transaction Agreements or
the enforcement of any provision of this Agreement or the other Transaction
Agreements.

         3.4  Notices. Any notice or other communication required or permitted
              -------
to be delivered to any party under this Agreement shall be in writing and
shall be deemed properly delivered, given and received when delivered (by
hand, by registered mail, by courier or express delivery service or by
telecopier during business hours) to the address or telecopier number set
forth beneath the name of such party on the signature page of this Agreement
(or to such other address or telecopier number as such party shall have
specified in a written notice given to the other party hereto).

                                       5
<PAGE>

         3.5  Severability.  If any provision of this Agreement is held to be
              ------------
unenforceable for any reason, such provision and all other related provisions
shall be modified rather than voided, if possible, in order to achieve the
intent of the parties to this Agreement to the extent possible.  In any event,
all other unrelated provisions of this Agreement shall be deemed valid and
enforceable to the full extent.

         3.6  Gender and Number. Whenever the context of this Agreement
              -----------------
requires, the gender of all words herein shall include the masculine, feminine
and neuter, and the number of all words herein shall include the singular and
plural.

          [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       6
<PAGE>

     IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
as of the date first above written.

                              MORE.COM, INC.

                              By:  _________________________________________
                                   Name:
                                   Title:

                              520 Third St., Suite 245
                              San Francisco, CA 94107
                              Attention:  Chief Executive Officer
                              Telecopier:  (415) 979-9598

                              STOCKHOLDER:

                              ______________________________________________
                              Name:

                              Address: _____________________________________

                              ______________________________________________

                              ______________________________________________

                              Facsimile: ___________________________________

                              ______________________________________________
                                  (Print Taxpayer Identification Number)

          [THIS SIGNATURE PAGE TO BE DUPLICATED FOR EACH STOCKHOLDER]

                                       7

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