Document:

<PAGE>
                     ACCOUNTS RECEIVABLE FINANCING AGREEMENT

      This ACCOUNTS RECEIVABLE FINANCING AGREEMENT is entered into this 9th day
of August, 2001 by and between SILICON VALLEY BANK, a California-chartered bank,
with its principal place of business at 3003 Tasman Drive, Santa Clara,
California 95054 and with a loan production office located at One Newton
Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462,
doing business under the name "Silicon Valley East" (FAX 617-969-5965) ("Bank")
and GREENFIELD ONLINE, INC., a Delaware corporation with its principal place of
business at 21 River Road, Wilton, Connecticut 06897 (FAX 203-838-8686)
("Borrower") and provides the terms on which Bank shall lend to Borrower and
Borrower shall repay Bank. The parties agree as follows:

1.    DEFINITIONS.  In this Agreement:

      "ACCOUNTS" are all existing and later arising accounts, contract rights,
and other obligations owed Borrower in connection with its sale or lease of
goods (including licensing software and other technology) or provision of
services, all credit insurance, guaranties, other security and all merchandise
returned or reclaimed by Borrower and Borrower's Books relating to any of the
foregoing.

      "ACCOUNT BALANCE" is the aggregate outstanding Advances made hereunder.

      "ACCOUNT DEBTOR" is as defined in the Code and shall include, without
limitation, any person liable on any Financed Receivable, such as, a guarantor
of the Financed Receivable and any issuer of a letter of credit or banker's
acceptance.

      "ADJUSTED QUICK RATIO" is the ratio of Quick Assets to Current Liabilities
minus Deferred Revenue.

      "ADJUSTMENTS" are all discounts, allowances, returns, disputes,
counterclaims, offsets, defenses, rights of recoupment, rights of return,
warranty claims, or short payments, asserted by or on behalf of any Account
Debtor for any Financed Receivable.

      "ADVANCE" is defined in Section 2.2.

      "ADVANCE RATE" is eighty percent (80.0%), net of any offsets related to
each specific Account Debtor, or such other percentage as Bank establishes under
Section 2.2; provided however, if the Borrower is unable to maintain a Adjusted
Quick Ratio of at least 1.25 to 1.0, then the Advance Rate will be 80% net of
Deferred Revenue and offsets related to each specific Account Debtor.

      "APPLICABLE RATE" is a per annum rate equal to the "Prime Rate" plus one
and three-quarters percent (1.75%).

      "BORROWER'S BOOKS" are all Borrower's books and records including ledgers,
records regarding Borrower's assets or liabilities, the Collateral, business
operations or financial condition and all computer programs or discs or any
equipment containing the information.

      "CODE" is the Uniform Commercial Code as adopted by The Commonwealth
of Massachusetts  (presently, Mass. Gen. Laws, Ch. 106), as may be amended
and in effect from time to time.

      "COLLATERAL" is attached as EXHIBIT "A".

      "COLLATERAL HANDLING FEE" is defined in Section 3.4.

      "COLLECTIONS" are all funds received by Bank from or on behalf of an
Account Debtor for Financed Receivables.
<PAGE>
      "COMPLIANCE CERTIFICATE" is attached as EXHIBIT "B".

      "CONTINGENT OBLIGATION" is, for any Person, any direct or indirect
liability, contingent or not, of that Person for (i) any indebtedness, lease,
dividend, letter of credit or other obligation of another such as an obligation
directly or indirectly guaranteed, endorsed, co-made, discounted or sold with
recourse by that Person, or for which that Person is directly or indirectly
liable; (ii) any obligations for undrawn letters of credit for the account of
that Person; and (iii) all obligations from any interest rate, currency or
commodity swap agreement, interest rate cap or collar agreement, or other
agreement or arrangement designated to protect a Person against fluctuation in
interest rates, currency exchange rates or commodity prices; but "Contingent
Obligation" does not include endorsements in the ordinary course of business.
The amount of a Contingent Obligation is the stated or determined amount of the
primary obligation for which the Contingent Obligation is made or, if not
determinable, the maximum reasonably anticipated liability for it determined by
the Person in good faith; but the amount may not exceed the maximum of the
obligations under the guarantee or other support arrangement.

      "CURRENT LIABILITIES" are the aggregate amount of Borrower's Total
Liabilities which mature within one (1) year.

      "DEFERRED REVENUE" is all amounts received in advance of performance under
contracts and not yet recognized as revenue.

      "EARLY TERMINATION FEE" is defined in Section 4.3.

      "EBITDA" means earnings before interest, taxes, depreciation and
amortization in accordance with GAAP.

      "EVENT OF DEFAULT" is defined in Section 9.

      "FACILITY" is an extension of credit by Bank to Borrower in order to
finance Receivables with an aggregate Account Balance not exceeding the Facility
Amount.

      "FACILITY AMOUNT" is Four Million Dollars ($4,000,000.00).

      "FACILITY FEE" is defined in Section 3.3.

      "FACILITY PERIOD" is the period beginning on this date and continuing
until one year from the date of this Agreement, unless the period is terminated
sooner by Bank with notice to Borrower or by Borrower pursuant to Section 4.3.

      "FINANCE CHARGES" is defined in Section 3.2.

      "FINANCED RECEIVABLES" are all those accounts, receivables, chattel paper,
instruments, contract rights, documents, general intangibles, letters of credit,
drafts, bankers acceptances, and rights to payment, and all proceeds, including
their proceeds (collectively "receivables"), which Bank finances and make an
Advance. A Financed Receivable stops being a Financed Receivable (but remains
Collateral) when the Advance made for the Financed Receivable has been finally
paid.

      "FINANCED RECEIVABLE BALANCE" is the total outstanding amount, at any
time, of all Financed Receivables.

      "GAAP" is generally accepted accounting principles as adopted by the
Financial Accounting Standards Board.

      "GOOD FAITH DEPOSIT" is described in Section 3.8.
<PAGE>
      "INDEBTEDNESS" is (a) indebtedness for borrowed money or the deferred
price of property or services, such as reimbursement and other obligations for
surety bonds and letters of credit, (b) obligations evidenced by notes, bonds,
debentures or similar instruments, (c) capital lease obligations and (d)
Contingent Obligations.

      "INELIGIBLE RECEIVABLE" is any accounts receivable:

            (a)   that is unpaid (90) calendar days after the invoice
                  date; or

            (b)   that is owed by an Account Debtor that has filed, or has had
                  filed against it, any bankruptcy case, assignment for the
                  benefit of creditors, receivership, or Insolvency Proceeding
                  or who has become insolvent (as defined in the United States
                  Bankruptcy Code) or who is generally not paying its debts as
                  they become due; or

            (c)   for which there has been any breach of warranty or
                  representation in Section 6 or any breach of any
                  covenant in this Agreement; or

            (d)   for which the Account Debtor asserts any discount, allowance,
                  return, dispute, counterclaim, offset, defense, right of
                  recoupment, right of return, warranty claim, or short payment.

      "INSOLVENCY PROCEEDING" are proceedings by or against any person under the
United States Bankruptcy Code, or any other bankruptcy or insolvency law,
including assignments for the benefit of creditors, compositions, extensions
generally with its creditors, or proceedings seeking reorganization,
arrangement, or other similar relief.

      "INVOICE TRANSMITTAL" shows accounts receivable which Bank may finance
and, for each receivable, includes the Account Debtor's, name, address, invoice
amount, invoice date and invoice number and is signed by Borrower's authorized
representative.

      "LOCKBOX" is described in Section 6.3(J).

      "MINIMUM FINANCE CHARGE" is a minimum monthly Finance Charge of $7,500.00
payable to the Bank.

      "OBLIGATIONS" are all advances, liabilities, obligations, covenants and
duties owing, arising, due or payable by Borrower to Bank now or later under
this Agreement or any other document, instrument or agreement, account
(including those acquired by assignment) primary or secondary, such as all
Advances, Finance Charges, Facility Fee, Early Termination Fee, Collateral
Handling Fee, interest, fees, expenses, professional fees and attorneys' fees,
or other amounts now or hereafter owing by Borrower to Bank.

      "PERMITTED INDEBTEDNESS" is: (i) Borrower's Indebtedness to Bank
under this Agreement; (ii) Indebtedness existing on the Closing Date and shown
on the Schedule entitled "permitted indebtedness"; (iii) Indebtedness to trade
creditors incurred in the ordinary course of business; (iv) Indebtedness secured
by Permitted Liens; (v) Subordinated Debt; and (v) reimbursement obligations not
to exceed $200,000 regarding letters of credit issued on behalf of Borrower for
the benefit of Borrower's landlords.

      "PERMITTED LIENS" are: (i) Liens existing on the Closing Date and shown on
the Schedule entitled "permitted liens" or arising under this Agreement; and
(ii)Purchase money Liens securing Indebtedness not to exceed $750,000 (A) on
Equipment acquired or held by Borrower incurred for financing the acquisition of
the Equipment, or (B) existing on Equipment when acquired, if the Lien is
confined to the property and improvements and the proceeds of such specific
Equipment.

      "PERSON" is any individual, sole proprietorship, partnership, limited
liability company, joint venture, company, trust, unincorporated organization,
association, corporation, institution, public benefit corporation, firm, joint
stock company, estate, entity or government agency.

      "PRIME RATE" is Bank's most recently announced "Prime Rate," even if it is
not Bank's lowest rate.
<PAGE>
      "QUICK ASSETS" is, on any date, the Borrower's consolidated, unrestricted
cash, cash equivalents, net accounts receivable and investments with maturities
of fewer than 12 months determined according to GAAP.

      "RECONCILIATION DAY" is the last calendar day of each month.

      "RECONCILIATION PERIOD" is each calendar month.

      "SUBORDINATED DEBT" is debt incurred by Borrower subordinated to
Borrower's debt to Bank (and identified as subordinated by Borrower and Bank,
pursuant to a subordination agreement entered into between the Bank, the
Borrower and the subordinated creditor), on terms acceptable to Bank.

      "SUBSIDIARY" is for any Person, joint venture, or any other business
entity of which more than 50% of the voting stock or other equity interests is
owned or controlled, directly or indirectly, by the Person or one or more
Affiliates of the Person.

      "TOTAL LIABILITIES" is on any day, obligations that should, under GAAP, be
classified as liabilities on Borrower's consolidated balance sheet, including
all Indebtedness, and current portion Subordinated Debt allowed to be paid, but
excluding all other Subordinated Debt.

2.    FINANCING OF ACCOUNTS RECEIVABLE.

      2.1. REQUEST FOR ADVANCES. During the Facility Period, Borrower may offer
accounts receivable to Bank and request that the Bank finance such accounts
receivables, if there is not an Event of Default. Borrower will deliver an
Invoice Transmittal for each accounts receivable it offers. Bank may rely on
information on or with the Invoice Transmittal.

      2.2. ACCEPTANCE OF ACCOUNTS RECEIVABLE. Bank is not obligated to finance
any accounts receivable. Bank may approve any Account Debtor's credit before
agreeing to finance any accounts receivable. When Bank agrees to finance a
receivable, it will extend credit to Borrower in an amount up to the result of
the Advance Rate multiplied by the face amount of the receivable (the
"Advance"). Bank may, in its discretion, change the percentage of the Advance
Rate. When Bank makes an Advance, the receivable becomes a "Financed
Receivable." All representations and warranties in Section 6 must be true as of
the date of the Invoice Transmittal and of the Advance and no Event of Default
exists would occur as a result of the Advance. The aggregate amount of all
Financed Receivables outstanding at any time may not exceed the Facility Amount.

3. COLLECTIONS, FINANCE CHARGES, REMITTANCES AND FEES. The Obligations shall be
subject to the following fees and Finance Charges. Fees and Finance Charges may,
in Bank's discretion, be charged as an Advance, and shall thereafter accrue fees
and Finance Charges as described below. Bank may, in its discretion, charge fees
and Finance Charges to Borrower's deposit account maintained with Bank.

      3.1. COLLECTIONS. Collections will be credited to the Financed Receivables
Balance, but if there is an Event of Default, Bank may apply Collections to the
Obligations in any order it chooses. If Bank receives a payment for both a
Financed Receivable and a non Financed Receivable, the funds will first be
applied to the Financed Receivable and, if there is not an Event of Default, the
excess will be remitted to the Borrower, subject to Section 3.7.

      3.2. FINANCE CHARGES. In computing Finance Charges on the Obligations, all
Collections received by Bank shall be deemed applied by Bank on account of the
Obligations three (3) Business Days after receipt of the Collections. Borrower
will pay a finance charge (the "Finance Charge"), which is equal to the greater
of (i) the Applicable Rate multiplied by the number of days in the
Reconciliation Period multiplied by the outstanding average daily Financed
Receivable Balance for that Reconciliation Period, or (ii) the Minimum Finance
Charge, as and when same may be applicable. After an Event of Default,
Obligations accrue interest at five percent (5%) above the Applicable Rate
effective immediately before the Event of Default.

      3.3.  FACILITY FEE. A fully earned, non-refundable facility fee of
Forty Thousand Dollars ($40,000.00) is due upon execution of this
Agreement.
<PAGE>
      3.4. COLLATERAL HANDLING FEE. On each Reconciliation Day, Borrower will
pay to Bank a collateral handling fee, equal to 0.375% per month of the average
daily Financed Receivable Balance outstanding during the applicable
Reconciliation Period. After an Event of Default, the Collateral Handling Fee
will increase an additional 0.50% effective immediately before the Event of
Default.

      3.5. ACCOUNTING. After each Reconciliation Period, Bank will provide an
accounting of the transactions for that Reconciliation Period, including the
amount of all Financed Receivables, all Collections, Adjustments, Finance
Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not
object to the accounting in writing within thirty (30) days it is considered
correct. All Finance Charges and other interest and fees are calculated on the
basis of a 360 day year and actual days elapsed.

      3.6.  DEDUCTIONS.  Bank may deduct fees, Finance Charges and other
amounts due pursuant to this Agreement from any Advances made or
Collections received by Bank.

      3.7. ACCOUNT COLLECTION SERVICES. All Borrower's receivables are to be
paid to the same address/or party and Borrower and Bank must agree on such
address. If Bank collects all receivables and there is not an Event of Default
or an event that with notice or lapse of time will be an Event of Default,
within three (3) days of receipt of those collections, Bank will give Borrower
the receivables collections it receives for receivables other than Financed
Receivables and/or amount in excess of the amount for which Bank has made an
Advance to Borrower, less any amount due to Bank, such as the Finance Charge,
the Facility Fee, other fees and expenses, or otherwise. This Section 3.7 does
not impose any affirmative duty on Bank to do any act other than to turn over
amounts. All receivables and collections are Collateral and if an Event of
Default occurs, Bank need not remit collections of Collateral and may apply them
to the Obligations.

      3.8.  GOOD FAITH DEPOSIT.  Borrower has paid to Bank a Good Faith
Deposit of $20,000.00 to initiate Bank's due diligence review process.
Any portion of the deposit not utilized to pay expenses will be applied to
the Facility Fee.

4.    REPAYMENT OF OBLIGATIONS.

      4.1. REPAYMENT ON MATURITY. Borrower will repay each Advance on the
earliest of: (a) payment of the Financed Receivable in respect which the Advance
was made, (b) the Financed Receivable becomes an Ineligible Receivable, (c) when
any Adjustment is made to the Financed Receivable (but only to the extent of the
Adjustment if the Financed Receivable is not otherwise an Ineligible
Receivable), or (d) the last day of the Facility Period (including any early
termination). Each payment will also include all accrued Finance Charges on the
Advance and all other amounts due hereunder.

      4.2. REPAYMENT ON EVENT OF DEFAULT. Upon the occurrence of an Event of
Default which has not been cured (if such default is capable of being cured),
Borrower will, if Bank demands (or, in an Event of Default under Section 9(B),
immediately without notice or demand from Bank) repay all of the Advances. The
demand may, at Bank's option, include the Advance for each Financed Receivable
then outstanding and all accrued Finance Charges, the Early Termination Fee,
Collateral Handling Fee, attorneys and professional fees, court costs and
expenses, and any other Obligations.

      4.3. EARLY TERMINATION OF AGREEMENT. This Agreement may be terminated
prior to the last day of the Facility Period as follows: (i) by Borrower,
effective three (3) Business Days after written notice of termination is given
to Bank; or (ii) by Bank at any time after the occurrence of an Event of
Default, without notice, effective immediately. If this Agreement is terminated
by Borrower or by Bank, Borrower shall pay to Bank a termination fee in an
amount equal to Sixty Thousand Dollars ($60,000.00) (the "Early Termination
Fee"). The termination fee shall be due and payable on the effective date of
termination and thereafter shall bear interest at a rate equal to the highest
rate applicable to any of the Obligations. Notwithstanding the foregoing, Bank
agrees to waive the Early Termination Fee if Bank agrees to refinance the
Obligations (in its sole and exclusive discretion) prior to the last day of the
Facility Period.

5.    POWER OF ATTORNEY.  Borrower irrevocably appoints Bank and its
successors and assigns it attorney-in-fact and authorizes Bank to:
<PAGE>
               (A) following the occurrence of an Event of Default which has not
            been cured, sell, assign, transfer, pledge, compromise, or discharge
            all or any part of the Financed Receivables:

               (B) following the occurrence of an Event of Default which has not
            been cured, demand, collect, sue, and give releases to any Account
            Debtor for monies due and compromise, prosecute, or defend any
            action, claim, case or proceeding about the Financed Receivables,
            including filing a claim or voting a claim in any bankruptcy case in
            Bank's or Borrower's name, as Bank chooses:

               (C) following the occurrence of an Event of Default which has not
            been cured, prepare, file and sign Borrower's name on any notice,
            claim, assignment, demand, draft, or notice of or satisfaction of
            lien or mechanics' lien or similar document;

               (D) regardless of whether there has been an Event of Default,
            notify all Account Debtors to pay Bank directly;

               (E) regardless of whether there has been an Event of Default,
            receive, open, and dispose of mail addressed to Borrower;

               (F) regardless of whether there has been an Event of Default,
            endorse Borrower's name on check or other instruments (to the extent
            necessary to pay amounts owed pursuant to this Agreement); and

               (G) regardless of whether there has been an Event of Default,
            execute on Borrower's behalf any instruments, documents, financing
            statements to perfect Bank's interests in the Financed Receivables
            and Collateral and do all acts and things necessary or expedient, as
            determined solely and exclusively by the Bank, to protect, preserve,
            and otherwise enforce the Bank's rights and remedies under this
            Agreement, as directed by the Bank.

6.    REPRESENTATIONS, WARRANTIES AND COVENANTS.

      6.1.  REPRESENTATIONS AND WARRANTIES.  Borrower represents and
warrants for each Financed Receivable:

               (A)   Borrower is the owner with legal right to sell,
            transfer and assign it;

               (B)   The correct amount is on the Invoice Transmittal and
            is not disputed;

               (C)   Payment is not contingent on any obligation or
            contract and it has fulfilled all its obligations as of the
            Invoice Transmittal date;

               (D) It is based on an actual sale and delivery of goods and/or
            services rendered, due to Borrower, it is not past due or in
            default, has not been previously sold, assigned, transferred, or
            pledged and is free of any liens, security interests and
            encumbrances;

               (E) There are no defenses, offsets, counterclaims or agreements
            for which the Account Debtor may claim any deduction or discount;

               (F)   Borrower reasonably believes no Account Debtor is
            insolvent or subject to any Insolvency Proceedings;

               (G)   Borrower has not filed or had filed against it
            Insolvency Proceedings and does not anticipate any filing;

               (H) Bank has the right to endorse and/ or require Borrower to
            endorse all payments received on Financed Receivables and all
            proceeds of Collateral; and

               (I) No representation, warranty or other statement of Borrower in
            any certificate or written
<PAGE>
            statement given to Bank contains any untrue statement of a material
            fact or omits to state a material fact necessary to make the
            statement contained in the certificates or statement not misleading.

      6.2. ADDITIONAL REPRESENTATIONS AND WARRANTIES. Borrower represents and
warrants as follows:

               (A) Borrower is duly existing and in good standing in its state
            of formation and qualified and licensed to do business in, and in
            good standing in, any state in which the conduct of its business or
            its ownership of property requires that it be qualified. The
            execution, delivery and performance of this Agreement has been duly
            authorized, and does not conflict with Borrower's organizational
            documents or constitute an Event of Default under any material
            agreement by which Borrower is bound. Borrower is not in default
            under any agreement to which or by which it is bound.

               (B) Borrower has good title to the Collateral. All inventory is
            in all material respects of good and marketable quality, free from
            material defects.

               (C) Other than as shown on Schedule 6.2(c), there are no actions
            or proceedings pending or, to Borrower's knowledge, threatened by or
            against Borrower or any Subsidiary.

               (D) All consolidated financial statements for Borrower and any
            Subsidiary delivered to Bank fairly present in all material respects
            Borrower's consolidated financial condition and Borrower's
            consolidated results of operations. There has not been any material
            deterioration in Borrower's consolidated financial condition since
            the date of the most recent financial statements submitted to Bank.

               (E) Borrower is able to pay its debts (including trade debts) as
            they mature.

               (F) No representation, warranty or other statement of Borrower in
            any certificate or written statement given to Bank contains any
            untrue statement of a material fact or omits to state a material
            fact necessary to make the statements contained in the certificates
            or statements not misleading.

               (G) Borrower is not an "investment company" or a company
            "controlled" by an "investment company" under the Investment Company
            Act. Borrower is not engaged as one of its important activities in
            extending credit for margin stock (under Regulations X, T and U of
            the Federal Reserve Board of Governors). Borrower has complied with
            the Federal Fair Labor Standards Act. Borrower has not violated any
            laws, ordinances or rules. None of Borrower's properties or assets
            has been used by Borrower, to the best of Borrower's knowledge, by
            previous persons, in disposing, producing, storing, treating, or
            transporting any hazardous substance other than legally. Borrower
            has timely filed all required tax returns and paid, or made adequate
            provision to pay, all taxes. Borrower has obtained all consents,
            approvals and authorizations of, made all declarations or filings
            with, and given all notices to, all government authorities that are
            necessary to continue its business as currently conducted.

      6.3.  AFFIRMATIVE COVENANTS.  Borrower will do all of the following:

               (A) Maintain its corporate existence and good standing in its
            jurisdictions of incorporation and maintain its qualification in
            each jurisdiction necessary to Borrower's business or operations.

               (B) Pay all its taxes including gross payroll, withholding and
            sales taxes when due and will deliver satisfactory evidence of
            payment if requested.

               (C) Provide a written report within sixty (60) days after the
            invoice date respecting any Financed Receivable (or as and when
            otherwise directed by the Bank), if payment of any Financed
            Receivable does not occur by its due date and include the reasons
            for the delay.

               (D) Borrower shall deliver to Bank: (i) as soon as available, but
            no later than thirty(30) days
<PAGE>
            after the last day of each month, a company prepared consolidated
            balance sheet and income statement covering Borrower's consolidated
            operations during the period, in a form acceptable to Bank and
            certified Borrower; (ii) as soon as available, but no later than one
            hundred twenty (120) days after the end of Borrower's fiscal year,
            audited consolidated financial statements prepared under GAAP,
            consistently applied, together with an unqualified opinion an
            opinion which is unqualified or otherwise consented to by Bank on
            the financial statements from an independent certified public
            accounting firm acceptable to Bank; (iii) in the event that
            Borrower's stock becomes publicly held, within five (5) days of
            filing, copies of all statements, reports and notices made available
            to Borrower's security holders or to any holders of Subordinated
            Debt and all reports on Form 10-K, 10-Q and 8-K filed with the
            Securities and Exchange Commission; and (vi) budgets, sales
            projections, operating plans or other financial information Bank
            requests.

               (E) Borrower shall keep its business and the Collateral insured
            for risks and in amounts, as Bank requests. Insurance policies shall
            be in a form, with companies, and in amounts that are reasonably
            satisfactory to Bank. All property policies shall have a lender's
            loss payable endorsement showing Bank as an additional loss payee
            and all liability policies shall show the Bank as an additional
            insured and all policies shall provide that the insurer must give
            Bank at least twenty (20) days notice before canceling its policy.
            At Bank's request, Borrower shall deliver certified copies of
            policies and evidence of all premium payments. Proceeds payable
            under any policy shall, at Bank's option, be payable to Bank on
            account of the Obligations.

               (F) Execute any further instruments and take further action as
            Bank reasonably requests to perfect or continue Bank's security
            interest in the Collateral or to effect the purposes of this
            Agreement.

               (G) Provide Bank with a Compliance Certificate no later than
            forty-five (45) days following each quarter end or as requested by
            Bank.

               (H) Provide Bank with, as soon as available, but no later than
            thirty (30) days following each Reconciliation Period, a company
            prepared balance sheet and income statement, prepared under GAAP,
            consistently applied, covering Borrower's operations during the
            period together with an aged listing of accounts receivables and
            accounts payable, along with a deferred revenue report. All of the
            foregoing shall be in form and substance satisfactory to the Bank.

               (I) Immediately notify, transfer and deliver to Bank all
            collections Borrower receives for Financed Receivables (and, as and
            when required hereunder, for all receivables).

               (J) Borrower shall direct each Account Debtor (and each
            depository institution where proceeds of accounts receivable are on
            deposit) to make payments with respect to all receivables to a
            lockbox account established with the Bank ("Lockbox") or to wire
            transfer payments to a cash collateral account that Bank controls,
            as and when directed by the Bank from time to time, at its option
            and at the sole and exclusive discretion of the Bank. Until such
            Lockbox can be established, the Borrower shall remit all receivable
            cash payments and remittances to the Bank at least weekly (at the
            close of business on each Friday) along with a detailed cash
            receipts journal . It will be considered an immediate Event of
            Default if the Lockbox is not set-up and operational within 60 days
            from the date of this Agreement.

               (K) Borrower will allow Bank to audit Borrower's Collateral,
            including, but not limited to, Borrower's Accounts and accounts
            receivable, at Borrower's expense, on a quarterly basis, upon
            reasonable notice. Provided, however, if an Event of Default has
            occurred, Bank may audit Borrower's Collateral, including, but not
            limited to, Borrower's Accounts and accounts receivable at Bank's
            sole and exclusive discretion and without notification and
            authorization from Borrower. Notwithstanding the foregoing, Bank
            will not make any Advances hereunder until it has conducted an
            initial audit of Borrower's Collateral and is satisfied with the
            results thereof.

               (L) Maintain at all times after August 1, 2001 an Adjusted Quick
            Ratio of at least 1.25 to 1.0, which Adjusted Quick Ratio will be
            tested by Bank on a monthly basis.
<PAGE>
               (M) Sustain EBITDA losses of not more than: (i) $400,000 for the
            month ending June 30, 2001, and (ii) $300,000 for the months ending
            July 31, 2001 and August 31, 2001. Borrower shall have EBITDA of not
            less than $1.00 for the month ending September 30, 2001 and each
            month thereafter.

               (N) Maintain its primary operating and depository accounts with
            Bank. All necessary account transfers shall take place no later than
            30 days from the date of this Agreement.

      6.4.  NEGATIVE COVENANTS.  Borrower will not do any of the following
without Bank's prior written consent:

               (A) Assign, transfer, sell or grant, or permit any lien or
            security interest in the Collateral, other than Permitted Liens.

               (B) Convey, sell, lease, transfer or otherwise dispose of the
            Collateral other than the sale or license of Borrower's inventory in
            the ordinary course of business and the sale, transfer, or other
            disposal of obsolete Equipment.

               (C) Create, incur, assume, or be liable for any Indebtedness,
            other than Permitted Indebtedness.

               (D) Directly or indirectly enter into or permit to exist any
            material transaction with any affiliate or subsidiary of Borrower or
            make any distributions to any affiliate or subsidiary, except for
            (i) transactions that are in the ordinary course of Borrower's
            business, upon fair and reasonable terms that are no less favorable
            to Borrower than would be obtained in an arm's length transaction
            with a nonaffiliated person or (ii) the affliated transactions
            described on Schedule 6.4(D) hereto

               (E) Merge or consolidate, or permit any of its Subsidiaries to
            merge or consolidate, with any other Person, or acquire, or permit
            any of its Subsidiaries to acquire, all or substantially all of the
            capital stock or property of another Person.

               (F) Become an "investment company" or a company controlled by an
            "investment company," under the Investment Company Act of 1940 or
            undertake as one of its important activities extending credit to
            purchase or carry margin stock, or use the proceeds of any Advance
            for that purpose; fail to meet the minimum funding requirements of
            ERISA, permit a Reportable Event or Prohibited Transaction, as
            defined in ERISA, to occur; fail to comply with the Federal Fair
            Labor Standards Act or violate any other law or regulation, or
            permit any of its subsidiaries to do so.

               (G) Borrower shall not, without at least thirty (30) days prior
            written notice to Bank: (i) relocate its chief executive office, or
            add any new offices or business locations, or (ii) change its
            jurisdiction of organization, or (iii) change its organizational
            structure or type, or (iv) change its legal name, or (v) change any
            organizational number (if any) assigned by its jurisdiction of
            organization.

               (H) Keep any Collateral in the possession of any third party
            bailee (such as at a warehouse). In the event that Borrower, after
            the date hereof, intends to store or otherwise deliver any
            Collateral to such a bailee, then Borrower shall receive the prior
            written consent of Bank and such bailee must acknowledge in writing
            that the bailee is holding such Collateral for the benefit of Bank.

7. ADJUSTMENTS. If any Account Debtor asserts a discount, allowance, return,
offset, defense, warranty claim, or the like on a Financed Receivable (an
"Adjustment") or if Borrower breaches any of the representations, warranties or
covenants set forth in Section 6, Borrower will promptly advise Bank. Borrower
will resell any rejected, returned, or recovered personal property for Bank, at
Borrower's expense, and pay proceeds to Bank. While Borrower has returned goods
that are Borrower property, Borrower will segregate and mark them "Subject to
<PAGE>
a Security Interest on behalf of Silicon Valley Bank." Bank has a security
interest in the Financed Receivables and until receipt of payment, has the right
to take possession of any rejected, returned, or recovered personal property.

8. SECURITY INTEREST. Borrower grants Bank a continuing security interest in all
presently existing and later acquired Collateral to secure all Obligations and
performance of each of Borrower's duties under this Agreement. Any security
interest shall be a first priority security interest in the Collateral. Bank may
place a "hold" on any deposit account pledged as Collateral.

9.    EVENTS OF DEFAULT. Any one or more of the following is an Event of
Default.

               (A) Borrower fails to pay any amount owed to Bank when due;

               (B) Borrower files or has filed against it any Insolvency
            Proceedings or any assignment for the benefit of creditors, or
            appointment of a receiver or custodian for any of its assets;

               (C) Borrower becomes insolvent or is generally not paying its
            debts as they become due;

               (D) Any involuntary lien, garnishment, attachment attaches to the
            Financed Receivables or any Collateral or the service of process
            upon Bank seeking to attach, by mesne or trustee process any funds
            of Borrower on deposit with Bank;

               (E) Borrower breaches any covenant, agreement, warranty, or
            representation set forth in this Agreement or any other agreement
            between Borrower and Bank is an immediate Event of Default;

               (F) Borrower is in default, after the expiration of all
            applicable notice and cure periods, under any document, instrument
            or agreement evidencing any debt, obligation or liability in favor
            of Bank its affiliates or vendors regardless of whether the debt,
            obligation or liability is direct or indirect, primary or secondary,
            or fixed or contingent;

               (G) An event of default occurs and continues after the expiration
            of all applicable notice and cure periods under any guaranty of the
            Obligations or any material provision of any guaranty is not valid
            or enforceable or a guaranty is repudiated or terminated;

               (H) A material default or Event of Default occurs under any
            agreement between Borrower and any creditor of Borrower that signed
            a subordination agreement with Bank, insofar as Borrower has had
            opportunity to cure such default and has failed to do so;

               (I) Any creditor that has signed a subordination agreement with
            Bank breaches any terms of the subordination agreement; or

               (J) Any of the following occurs:(i) A material impairment in the
            perfection or priority of Bank's security interest in the Collateral
            or in the value of such Collateral; (ii) a material adverse change
            in the business, operations, or condition (financial or otherwise)
            of the Borrower occurs; or (iii) a material impairment of the
            prospect of repayment of any portion of the Obligations; or (iv)
            Bank determines, based upon information available to it and in its
            reasonable judgment, that there is a reasonable likelihood that
            Borrower shall fail to comply with one or more of the financial
            covenants in Section 6.3 during the next succeeding financial
            reporting period.

10.   REMEDIES.

      10.1. REMEDIES UPON DEFAULT. When an Event of Default occurs and for so
long as such Event of Default has not been cured, (1) Bank may stop financing
receivables or extending credit to Borrower; (2) at Bank's option and on demand,
all or a portion of the Obligations (or, for to an Event of Default described in
Section 9(B), automatically and without demand) are due and payable in full; (3)
the Bank may apply to the Obligations any (i) balances and deposits of Borrower
it holds, or (ii) any amount held by Bank owing to or for the credit or the
account of Borrower; (4) Bank may exercise all rights and remedies under this
Agreement and applicable law, including those of a secured party under the Code,
power of attorney rights in Section 5 for the Collateral, and the
<PAGE>
right to ship, reclaim, recover, store, finish, maintain, repair, prepare for
sale, advertise for sale, collect, dispose of, sell, lease, use, and realize
upon all Financed Receivables and Collateral in any commercial manner; and (5)
Bank may make any payments and do any acts that are reasonably necessary to
protect its security interest in the Collateral. Borrower shall assemble the
Collateral if Bank requests and make it available as Bank designates. Bank may
enter premises where the Collateral is located, take and maintain possession of
any part of the Collateral, and pay, purchase, contest, or compromise any lien
which appears to be prior or superior to its security interest and pay all
expenses incurred. Borrower grants Bank a license to enter and occupy any of its
premises, without charge, to exercise any of Bank's rights or remedies. Borrower
agrees that any notice of sale required to be given to Borrower is deemed given
if at least five (5) days before the sale may be held.

      10.2. DEMAND WAIVER. Borrower waives demand, notice of default or
dishonor, notice of payment and nonpayment, notice of any default, nonpayment at
maturity, release, compromise, settlement, extension, or renewal of accounts,
documents, instruments, chattel paper, and guaranties held by Bank on which
Borrower is liable.

      10.3. DEFAULT RATE. If any amount is not paid when due, the amount bears
interest at the Applicable Rate plus five percent until the earlier of (a)
payment in good funds or (b) entry of a final judgment when the principal amount
of any money judgment will accrue interest at the highest rate allowed by law.

11. FEES, COSTS AND EXPENSES. The Borrower will pay on demand all fees, costs
and expenses (including attorneys' and professionals fees with costs and
expenses) that Bank incurs from: (a) preparing, negotiating, administering, and
enforcing this Agreement or related agreement, including any amendments, waivers
or consents, (b) any litigation or dispute relating to the Financed Receivables,
the Collateral, this Agreement or any other agreement, (c) enforcing any rights
against Borrower or any guarantor, or any Account Debtor, (d) protecting or
enforcing its interest in the Financed Receivables or other Collateral, (e)
collecting the Financed Receivables and the Obligations, and (f) any bankruptcy
case or insolvency proceeding involving Borrower, any Financed Receivable, the
Collateral, any Account Debtor.

12. CHOICE OF LAW, VENUE AND JURY TRIAL WAIVER. This Agreement shall be
construed, governed, and enforced pursuant to the laws (without regard to
conflict of law principles) of The Commonwealth of Massachusetts. Borrower and
Bank each submits to the exclusive jurisdiction of the State and Federal courts
in Suffolk County, Massachusetts.

   BORROWER AND BANK EACH WAIVE THEIR RIGHT TO A JURY TRIAL OF ANY CLAIM OR
CAUSE OF ACTION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR ANY CONTEMPLATED
TRANSACTION, INCLUDING CONTRACT, TORT, BREACH OF DUTY AND ALL OTHER CLAIMS. THIS
WAIVER IS A MATERIAL INDUCEMENT FOR BOTH PARTIES TO ENTER INTO THIS AGREEMENT.
EACH PARTY HAS REVIEWED THIS WAIVER WITH ITS COUNSEL.

13. NOTICES. Notices or demands by either party about this Agreement must be in
writing and personally delivered or sent by an overnight delivery service, by
certified mail postage prepaid return receipt requested, or by FAX to the
addresses listed at the beginning of this Agreement. A party may change notice
address by written notice to the other party.

14.   GENERAL PROVISIONS.

      14.1. SUCCESSORS AND ASSIGNS. This Agreement binds and is for the benefit
of successors and permitted assigns of each party. Borrower may not assign this
Agreement or any rights under it without Bank's prior written consent which may
be granted or withheld in Bank's discretion. Bank may, without the consent of or
notice to Borrower, sell, transfer, or grant participation in any part of Bank's
obligations, rights or benefits under this Agreement.

      14.2. INDEMNIFICATION. Borrower will indemnify, defend and hold harmless
Bank and its officers, employees, and agents against: (a) obligations, demands,
claims, and liabilities asserted by any other party in connection with the
transactions contemplated by this Agreement; and (b) losses or expenses
incurred, or paid by Bank from or consequential to transactions between Bank and
Borrower (including reasonable attorneys fees and expenses), except for losses
caused by Bank's gross negligence or willful misconduct.
<PAGE>
      14.3. RIGHT OF SET-OFF. Borrower and any guarantor hereby grant to Bank, a
lien, security interest and right of setoff as security for all Obligations to
Bank, whether now existing or hereafter arising upon and against all deposits,
credits, collateral and property, now or hereafter in the possession, custody,
safekeeping or control of Bank or any entity under the control of Silicon Valley
Bank or in transit to any of them. At any time after the occurrence and during
the continuance of an Event of Default, without demand or notice, Bank may set
off the same or any part thereof and apply the same to any liability or
obligation of Borrower and any guarantor even though unmatured and regardless of
the adequacy of any other collateral securing the loan. ANY AND ALL RIGHTS TO
REQUIRE BANK TO EXERCISE ITS RIGHTS OR REMEDIES WITH RESPECT TO ANY OTHER
COLLATERAL WHICH SECURES THE LOAN, PRIOR TO EXERCISING ITS RIGHT OF SETOFF WITH
RESPECT TO SUCH DEPOSITS, CREDITS OR OTHER PROPERTY OF THE BORROWER OR ANY
GUARANTOR, ARE HEREBY KNOWINGLY, VOLUNTARILY AND IRREVOCABLY WAIVED.

      14.4. TIME OF ESSENCE. Time is of the essence for performance of all
obligations in this Agreement.

      14.5. SEVERABILITY OF PROVISION. Each provision of this Agreement is
severable from every other provision in determining the enforceability of any
provision.

      14.6. AMENDMENTS IN WRITING, INTEGRATION. All amendments to this Agreement
must be in writing. This Agreement is the entire agreement about this subject
matter and supersedes prior negotiations or agreements.

      14.7. COUNTERPARTS. This Agreement may be executed in any number of
counterparts and by different parties on separate counterparts and when executed
and delivered are one Agreement.

      14.8. REMEDIES CUMULATIVE. Bank's rights and remedies under this
Agreement, or any other documents, instruments and agreement by and between
Borrower and Bank are cumulative. Bank has all rights and remedies provided
under the Code, by law, or in equity. Bank's exercise of one right or remedy is
not an election, and Bank's waiver of any Event of Default is not a continuing
waiver. Bank's delay is not a waiver, election, or acquiescence. No waiver
hereunder shall be effective unless signed by Bank and then is only effective
for the specific instance and purpose for which it was given.

      14.9. SURVIVAL. All covenants, representations and warranties made in this
Agreement continue in force while any Financed Receivable amount remains
outstanding. Borrower's indemnification obligations survive until all statutes
of limitations for actions that may be brought against Bank have run.

      14.10. CONFIDENTIALITY. Bank will use the same degree of care handling
Borrower's confidential information that it uses for its own confidential
information, but may disclose information; (i) to its subsidiaries or affiliates
in connection with their business with Borrower, (ii) to prospective transferees
or purchasers of any interest in the Agreement, (iii) as required by law,
regulation, subpoena, or other order, (iv) as required in connection with an
examination or audit and (v) as it considers appropriate exercising the remedies
under this Agreement. Confidential information does not include information that
is either: (a) in the public domain or in Bank's possession when disclosed, or
becomes part of the public domain after disclosure to Bank; or (b) disclosed to
Bank by a third party, if Bank does not know that the third party is prohibited
from disclosing the information.

      14.11. OTHER AGREEMENTS. This Agreement may not adversely affect Banks
rights under any other document or agreement. If there is a conflict between
this Agreement and any agreement between Borrower and Bank, Bank may determine
in its sole discretion which provision applies. Borrower acknowledges that any
security agreements, liens and/or security interests securing payment of
Borrower's Obligations also secure Borrower's Obligations under this Agreement
and are not adversely affected by this Agreement. Additionally, (a) any
Collateral under other agreements or documents between Borrower and Bank secures
Borrowers Obligations under this Agreement and (b) a default by Borrower under
this Agreement is a default under agreements between Borrower and Bank.
<PAGE>
      EXECUTED under seal as of the date first written above.

   GREENFIELD ONLINE, INC.

   By ____________________________________

   Title ___________________________________

   SILICON VALLEY BANK

   By_____________________________________

   Title ___________________________________

<PAGE>
                        FIRST LOAN MODIFICATION AGREEMENT

      This First Loan Modification Agreement (this "Loan Modification
Agreement") is entered into as of September 24, 2001, by and between SILICON
VALLEY BANK, a California-chartered bank, with its principal place of business
at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production
office located at One Newton Executive Park, Suite 200, 2221 Washington Street,
Newton, Massachusetts 02462, doing business under the name "Silicon Valley East"
("Bank") and GREENFIELD ONLINE, INC., a Delaware corporation with its principal
place of business at 21 River Road, Wilton, Connecticut 06897 ("Borrower").

1. DESCRIPTION OF EXISTING INDEBTEDNESS. Among other obligations and
indebtedness which may be owing by Borrower to Bank, Borrower is indebted to
Bank pursuant to a loan arrangement dated as of August 9, 2001, evidenced by,
among other documents, a certain Accounts Receivable Financing Agreement dated
as of August 9, 2001 (as amended, the "Loan Agreement"). Capitalized terms used
but not otherwise defined herein shall have the same meaning as in the Loan
Agreement.

Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as
the "Obligations".

2. DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by the
Collateral as described in the Loan Agreement and a certain Intellectual
Property Security Agreement dated August 9, 2001 (the "IP Agreement") (the
"Security Documents").

Hereinafter, the Security Documents, together with all other documents
evidencing or securing the Obligations shall be referred to as the "Existing
Loan Documents".

3. DESCRIPTION OF CHANGE IN TERMS.

            Modifications to Loan Agreement.

The Loan Agreement shall be amended by deleting the following definition
appearing in Section 1 thereof:

                        ""FACILITY AMOUNT" is Four Million Dollars
                        ($4,000,000.00)."

                  and inserting in lieu thereof the following:

                        ""FACILITY AMOUNT" is (i) prior to the occurrence of an
                        Audit Event, One Million Eight Hundred Seventy-Five
                        Thousand Dollars ($1,875,000.00) or (ii) after the
                        occurrence of an Audit Event, Four Million Dollars
                        ($4,000,000.00)."

The Loan Agreement shall be amended by adding the following definition
alphabetically in Section 1 thereof:

                        ""AUDIT EVENT" is the receipt by Bank of an audit of
                        Borrower's Collateral satisfactory to Bank (in its sole
                        discretion) in all respects."

The Loan Agreement shall be amended by deleting Section 6.3 (L) and (M) thereof
and inserting in lieu thereof the following:

                  "(L)  INTENTIONALLY OMITTED.

                  (M)   Borrower shall have EBITDA of not less than $1.00 for
                        the month ending September 30, 2001 and each month
                        thereafter. Notwithstanding the foregoing,
<PAGE>
                        Borrower may have one (1) month thereafter of EBITDA
                        losses not to exceed $50,000.00."

4. COLLATERAL AUDIT. Borrower acknowledges and agrees that in accordance with
Bank's right to audit Borrower's Collateral as set forth in Section 6.3(K) of
the Loan Agreement, Borrower will provide Bank access to its financial records
so that Bank may audit Borrower's Collateral on or before December 1, 2001.

5. FEES. Borrower shall reimburse Bank for all legal fees and expenses incurred
in connection with this amendment to the Existing Loan Documents.

6. CONSISTENT CHANGES. The Existing Loan Documents are hereby amended wherever
necessary to reflect the changes described above.

7. RATIFICATION OF LOAN DOCUMENTS. Borrower hereby ratifies, confirms, and
reaffirms all terms and conditions of all security or other collateral granted
to the Bank, and confirms that the indebtedness secured thereby includes,
without limitation, the Obligations.

8. NO DEFENSES OF BORROWER. Borrower agrees that, as of this date, it has no
defenses against the obligations to pay any amounts under the Obligations.

9. CONTINUING VALIDITY. Borrower understands and agrees that in modifying the
existing Obligations, Bank is relying upon Borrower's representations,
warranties, and agreements, as set forth in the Existing Loan Documents. Except
as expressly modified pursuant to this Loan Modification Agreement, the terms of
the Existing Loan Documents remain unchanged and in full force and effect.
Bank's agreement to modifications to the existing Obligations pursuant to this
Loan Modification Agreement in no way shall obligate Bank to make any future
modifications to the Obligations. Nothing in this Loan Modification Agreement
shall constitute a satisfaction of the Obligations. It is the intention of Bank
and Borrower to retain as liable parties all makers of Existing Loan Documents,
unless the party is expressly released by Bank in writing. No maker will be
released by virtue of this Loan Modification Agreement.

10. JURISDICTION/VENUE. Borrower accepts for itself and in connection with its
properties, unconditionally, the non-exclusive jurisdiction of any state or
federal court of competent jurisdiction in the Commonwealth of Massachusetts in
any action, suit, or proceeding of any kind against it which arises out of or by
reason of this Loan Modification Agreement; provided, however, that if for any
reason Bank cannot avail itself of the courts of the Commonwealth of
Massachusetts, then venue shall lie in Santa Clara County, California.
NOTWITHSTANDING THE FOREGOING, THE BANK SHALL HAVE THE RIGHT TO BRING ANY ACTION
OR PROCEEDING AGAINST THE BORROWER OR ITS PROPERTY IN THE COURTS OF ANY OTHER
JURISDICTION WHICH THE BANK DEEMS NECESSARY OR APPROPRIATE IN ORDER TO REALIZE
ON THE COLLATERAL OR TO OTHERWISE ENFORCE THE BANK'S RIGHTS AGAINST THE BORROWER
OR ITS PROPERTY.

11. COUNTERSIGNATURE. This Loan Modification Agreement shall become effective
only when it shall have been executed by Borrower and Bank (provided, however,
in no event shall this Loan Modification Agreement become effective until signed
by an officer of Bank in California).

            [The remainder of this page is intentionally left blank]
<PAGE>
      This Loan Modification Agreement is executed as a sealed instrument under
the laws of the Commonwealth of Massachusetts as of the date first written
above.

  GREENFIELD ONLINE, INC.                       SILICON VALLEY BANK

By:                                             By:
       -----------------------------                   -------------------------
Name:  Jonathan A. Flatow                       Name:
       -----------------------------                   -------------------------
Title: Secretary                                Title:
       -----------------------------                   -------------------------

<PAGE>
                       SECOND LOAN MODIFICATION AGREEMENT

      This Second Loan Modification Agreement (this "Loan Modification
Agreement") is entered into as of January 31, 2002, by and between SILICON
VALLEY BANK, a California-chartered bank, with its principal place of business
at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production
office located at One Newton Executive Park, Suite 200, 2221 Washington Street,
Newton, Massachusetts 02462, doing business under the name "Silicon Valley East"
("Bank") and GREENFIELD ONLINE, INC., a Delaware corporation with its principal
place of business at 21 River Road, Wilton, Connecticut 06897 ("Borrower").

1. DESCRIPTION OF EXISTING INDEBTEDNESS. Among other obligations and
indebtedness which may be owing by Borrower to Bank, Borrower is indebted to
Bank pursuant to a loan arrangement dated as of August 9, 2001, evidenced by,
among other documents, a certain Accounts Receivable Financing Agreement dated
as of August 9, 2001 (as amended, the "Loan Agreement"). Capitalized terms used
but not otherwise defined herein shall have the same meaning as in the Loan
Agreement.

Hereinafter, all indebtedness owing by Borrower to Bank shall be referred to as
the "Obligations".

2. DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by the
Collateral as described in the Loan Agreement and a certain Intellectual
Property Security Agreement dated August 9, 2001 (the "IP Agreement") (the
"Security Documents").

Hereinafter, the Security Documents, together with all other documents
evidencing or securing the Obligations shall be referred to as the "Existing
Loan Documents".

3. DESCRIPTION OF CHANGE IN TERMS.

            Modifications to Loan Agreement.

            The Loan Agreement shall be amended by adding the following
                  definitions alphabetically in Section 1 thereof:

                        ""CONTINGENT GUARANTEE" is a guarantee of all
                        Obligations to the Bank remaining due under the Facility
                        after Bank has exercised all of its rights in and
                        recourse to the Collateral."

                        ""INVESTORS" are all holders of the June 2001 10% Notes
                        and the September 2001 10% Notes and their respective
                        subsidiaries and affiliates."

                        ""JUNE 2001 10% NOTES" are those certain promissory
                        notes issued pursuant to a Note Purchase Agreement dated
                        June 28, 2001 between the Company and the Purchasers
                        listed therein.)."

                        ""SEPTEMBER 2001 10% NOTES" are those certain promissory
                        notes issued pursuant to a Note Purchase Agreement dated
                        September 18, 2001 between the Company and the
                        Purchasers listed therein."

            The Loan Agreement shall be amended by adding Section 9 (K):

                        "(K) The Borrower fails to deliver a Contingent
                        Guarantee in such form and content, and executed by such
                        Investors, as may be satisfactory to the Bank on or
                        before November 1, 2001."
<PAGE>
4. FEES. Borrower shall reimburse Bank for all legal fees and expenses incurred
in connection with this amendment to the Existing Loan Documents.

5. CONSISTENT CHANGES. The Existing Loan Documents are hereby amended wherever
necessary to reflect the changes described above.

6. RATIFICATION OF LOAN DOCUMENTS. Borrower hereby ratifies, confirms, and
reaffirms all terms and conditions of all security or other collateral granted
to the Bank, and confirms that the indebtedness secured thereby includes,
without limitation, the Obligations.

7. NO DEFENSES OF BORROWER. Borrower agrees that, as of this date, it has no
defenses against the obligations to pay any amounts under the Obligations.

8. CONTINUING VALIDITY. Borrower understands and agrees that in modifying the
existing Obligations, Bank is relying upon Borrower's representations,
warranties, and agreements, as set forth in the Existing Loan Documents. Except
as expressly modified pursuant to this Loan Modification Agreement, the terms of
the Existing Loan Documents remain unchanged and in full force and effect.
Bank's agreement to modifications to the existing Obligations pursuant to this
Loan Modification Agreement in no way shall obligate Bank to make any future
modifications to the Obligations. Nothing in this Loan Modification Agreement
shall constitute a satisfaction of the Obligations. It is the intention of Bank
and Borrower to retain as liable parties all makers of Existing Loan Documents,
unless the party is expressly released by Bank in writing. No maker will be
released by virtue of this Loan Modification Agreement.

9. JURISDICTION/VENUE. Borrower accepts for itself and in connection with its
properties, unconditionally, the non-exclusive jurisdiction of any state or
federal court of competent jurisdiction in the Commonwealth of Massachusetts in
any action, suit, or proceeding of any kind against it which arises out of or by
reason of this Loan Modification Agreement; provided, however, that if for any
reason Bank cannot avail itself of the courts of the Commonwealth of
Massachusetts, then venue shall lie in Santa Clara County, California.
NOTWITHSTANDING THE FOREGOING, THE BANK SHALL HAVE THE RIGHT TO BRING ANY ACTION
OR PROCEEDING AGAINST THE BORROWER OR ITS PROPERTY IN THE COURTS OF ANY OTHER
JURISDICTION WHICH THE BANK DEEMS NECESSARY OR APPROPRIATE IN ORDER TO REALIZE
ON THE COLLATERAL OR TO OTHERWISE ENFORCE THE BANK'S RIGHTS AGAINST THE BORROWER
OR ITS PROPERTY.

10. COUNTERSIGNATURE. This Loan Modification Agreement shall become effective
only when it shall have been executed by Borrower and Bank (provided, however,
in no event shall this Loan Modification Agreement become effective until signed
by an officer of Bank in California).

            [The remainder of this page is intentionally left blank]
<PAGE>
      This Loan Modification Agreement is executed as a sealed instrument under
the laws of the Commonwealth of Massachusetts as of the date first written
above.

  GREENFIELD ONLINE, INC.               SILICON VALLEY BANK

By:                                     By:
       ---------------------------              --------------------------------
Name:  Jonathan A. Flatow               Name:
       ---------------------------              --------------------------------
Title:   Secretary                      Title:
       ---------------------------              --------------------------------

<PAGE>
                        THIRD LOAN MODIFICATION AGREEMENT

      This Third Loan Modification Agreement (this "Loan Modification
Agreement") is entered into as of September 26, 2002, by and between SILICON
VALLEY BANK, a California-chartered bank, with its principal place of business
at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production
office located at One Newton Executive Park, Suite 200, 2221 Washington Street,
Newton, Massachusetts 02462, doing business under the name "Silicon Valley East"
("Bank") and GREENFIELD ONLINE, INC., a Delaware corporation with its principal
place of business at 21 River Road, Wilton, Connecticut 06897 ("Borrower").

1. DESCRIPTION OF EXISTING INDEBTEDNESS. Among other obligations and
indebtedness which may be owing by Borrower to Bank, Borrower is indebted to
Bank pursuant to a loan arrangement dated as of August 9, 2001, evidenced by,
among other documents, a certain Accounts Receivable Financing Agreement dated
as of August 9, 2001, as amended by a certain First Loan Modification Agreement
dated as of September 24, 2001, as affected by a certain Consent and Partial
Release dated December 21, 2001 and a certain Consent dated January 30, 2002, as
further amended by a certain Second Loan Modification Agreement dated as of
January 31, 2002 (as amended, the "Loan Agreement"). Capitalized terms used but
not otherwise defined herein shall have the same meaning as in the Loan
Agreement.

2.    DESCRIPTION OF COLLATERAL.  Repayment of the Obligations is secured
by the Collateral as described in the Loan Agreement and a certain
Intellectual Property Security Agreement dated August 9, 2001 (the "IP
Agreement") (the "Security Documents").

Hereinafter, the Security Documents, together with all other documents
evidencing or securing the Obligations shall be referred to as the "Existing
Loan Documents".

3.    DESCRIPTION OF CHANGE IN TERMS.

            Modifications to Loan Agreement.

            The Loan Agreement shall be amended by deleting the following
                  definition appearing in Section 1 thereof:

                        ""FACILITY PERIOD" is the period beginning on this date
                        and continuing until one year from the date of this
                        Agreement, unless the period is terminated sooner by
                        Bank with notice to Borrower or by Borrower pursuant to
                        Section 4.3."

                  and inserting in lieu thereof the following:

                        ""FACILITY PERIOD" is the period beginning on this date
                        and August 22, 2003, unless the period is terminated
                        sooner by Bank with notice to Borrower or by Borrower
                        pursuant to Section 4.3."

            The Loan Agreement shall be amended by deleting Section 6.3 (M)
                  thereof and inserting in lieu thereof the following:

                        "(M)  Borrower shall have EBITDA of not less than $1.00
                              for the month ending September 30, 2002 and each
                              month thereafter."
<PAGE>
4. COLLATERAL AUDIT. Borrower acknowledges and agrees that in accordance with
Bank's right to audit Borrower's Collateral as set forth in Section 6.3(K) of
the Loan Agreement, Borrower will provide Bank access to its financial records
so that Bank may audit Borrower's Collateral on or before December 1, 2002.

5. FEES. Borrower shall pay to Bank a modification fee equal to Twenty Thousand
Dollars ($20,000.00), which fee shall be due on the date hereof and shall be
deemed fully earned as of the date hereof. Borrower shall also reimburse Bank
for all legal fees and expenses incurred in connection with this amendment to
the Existing Loan Documents.

6. RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby
ratifies, confirms and reaffirms, all and singular, the terms and conditions of
the IP Agreement, and acknowledges, confirms and agrees that the IP Agreement
contains an accurate and complete listing of all Intellectual Property
Collateral as defined in said Intellectual Property Security Agreement.

7. CONSISTENT CHANGES. The Existing Loan Documents are hereby amended wherever
necessary to reflect the changes described above.

8. RATIFICATION OF LOAN DOCUMENTS. Borrower hereby ratifies, confirms, and
reaffirms all terms and conditions of all security or other collateral granted
to the Bank, and confirms that the indebtedness secured thereby includes,
without limitation, the Obligations.

9. NO DEFENSES OF BORROWER. Borrower agrees that, as of this date, it has no
defenses against the obligations to pay any amounts under the Obligations.

10. CONTINUING VALIDITY. Borrower understands and agrees that in modifying the
existing Obligations, Bank is relying upon Borrower's representations,
warranties, and agreements, as set forth in the Existing Loan Documents. Except
as expressly modified pursuant to this Loan Modification Agreement, the terms of
the Existing Loan Documents remain unchanged and in full force and effect.
Bank's agreement to modifications to the existing Obligations pursuant to this
Loan Modification Agreement in no way shall obligate Bank to make any future
modifications to the Obligations. Nothing in this Loan Modification Agreement
shall constitute a satisfaction of the Obligations. It is the intention of Bank
and Borrower to retain as liable parties all makers of Existing Loan Documents,
unless the party is expressly released by Bank in writing. No maker will be
released by virtue of this Loan Modification Agreement.

11. JURISDICTION/VENUE. Borrower accepts for itself and in connection with its
properties, unconditionally, the non-exclusive jurisdiction of any state or
federal court of competent jurisdiction in the Commonwealth of Massachusetts in
any action, suit, or proceeding of any kind against it which arises out of or by
reason of this Loan Modification Agreement; provided, however, that if for any
reason Bank cannot avail itself of the courts of the Commonwealth of
Massachusetts, then venue shall lie in Santa Clara County, California.
NOTWITHSTANDING THE FOREGOING, THE BANK SHALL HAVE THE RIGHT TO BRING ANY ACTION
OR PROCEEDING AGAINST THE BORROWER OR ITS PROPERTY IN THE COURTS OF ANY OTHER
JURISDICTION WHICH THE BANK DEEMS NECESSARY OR APPROPRIATE IN ORDER TO REALIZE
ON THE COLLATERAL OR TO OTHERWISE ENFORCE THE BANK'S RIGHTS AGAINST THE BORROWER
OR ITS PROPERTY.

12. COUNTERSIGNATURE. This Loan Modification Agreement shall become effective
only when it shall have been executed by Borrower and Bank (provided, however,
in no event shall this Loan Modification Agreement become effective until signed
by an officer of Bank in California).

            [The remainder of this page is intentionally left blank]
<PAGE>
      This Loan Modification Agreement is executed as a sealed instrument under
the laws of the Commonwealth of Massachusetts as of the date first written
above.

GREENFIELD ONLINE, INC.                   SILICON VALLEY BANK

By:                                       By:
       ------------------------------            -------------------------------
Name:                                     Name:
       ------------------------------            -------------------------------
Title:                                    Title:
       ------------------------------            -------------------------------

<PAGE>
                       FOURTH LOAN MODIFICATION AGREEMENT

      This Fourth Loan Modification Agreement (this "Loan Modification
Agreement") is entered into as of August 22, 2003, by and between SILICON VALLEY
BANK, a California-chartered bank, with its principal place of business at 3003
Tasman Drive, Santa Clara, California 95054 and with a loan production office
located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton,
Massachusetts 02462, doing business under the name "Silicon Valley East"
("Bank") and GREENFIELD ONLINE, INC., a Delaware corporation with its principal
place of business at 21 River Road, Wilton, Connecticut 06897 ("Borrower").

1. DESCRIPTION OF EXISTING INDEBTEDNESS. Among other obligations and
indebtedness which may be owing by Borrower to Bank, Borrower is indebted to
Bank pursuant to a loan arrangement dated as of August 9, 2001, evidenced by,
among other documents, a certain Accounts Receivable Financing Agreement dated
as of August 9, 2001, as amended by a certain First Loan Modification Agreement
dated as of September 24, 2001, as affected by a certain Consent and Partial
Release dated December 21, 2001 and a certain Consent dated January 30, 2002, as
further amended by a certain Second Loan Modification Agreement dated as of
January 31, 2002, as further amended by a certain Third Loan Modification
Agreement dated September 26, 2002, as further affected by a certain Limited
Waiver dated August 6, 2003 (as amended, the "Loan Agreement"). Capitalized
terms used but not otherwise defined herein shall have the same meaning as in
the Loan Agreement

2. DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by the
Collateral as described in the Loan Agreement and a certain Intellectual
Property Security Agreements dated August 9, 2001 and September 26, 2002
(collectively, the "IP Agreement") (hereinafter, collectively, the "Security
Documents").

Hereinafter, the Security Documents, together with all other documents
evidencing or securing the Obligations shall be referred to as the "Existing
Loan Documents".

3. DESCRIPTION OF CHANGE IN TERMS.

            Modifications to Loan Agreement.

            Effective as of the date hereof, the Loan Agreement shall be amended
                  by deleting the definition of "Applicable Rate" appearing in
                  Section 1 thereof and inserting in lieu thereof the following:

                        ""APPLICABLE RATE" is a per annum rate equal to the
                        Prime Rate plus one percent (1.00%)."

            The Loan Agreement shall be amended by deleting the definition of
                  "Facility Period" appearing in Section 1 thereof and inserting
                  in lieu thereof the following:

                        ""FACILITY PERIOD" is the period beginning on this date
                        and ending on August 22, 2005, unless the period is
                        terminated sooner by Bank with notice to Borrower or by
                        Borrower pursuant to Section 4.3."

            The Loan Agreement shall be amended by deleting the definition of
                  "Minimum Finance Charge" appearing in Section 1 thereof and
                  inserting in lieu thereof the following:

                        ""MINIMUM FINANCE CHARGE" is a minimum monthly Finance
                        Charge of $5,000.00 payable by Borrower to Bank."
<PAGE>
            The Loan Agreement shall be amended by deleting Section 4.3
                  thereof and inserting in lieu thereof the following:

                        "4.3 EARLY TERMINATION OF AGREEMENT. This Agreement may
                        be terminated prior to the last day of the Facility
                        Period as follows: (i) by Borrower, effective three (3)
                        Business Days after written notice of termination is
                        given to Bank; or (ii) by Bank at any time after the
                        occurrence of an Event of Default, without notice,
                        effective immediately. If this Agreement is terminated
                        by Borrower or by Bank on or before the last day of the
                        Facility Period, Borrower shall pay to Bank a
                        termination fee in an amount equal to Ten Thousand
                        Dollars ($10,000.00). The termination fee (the "Early
                        Termination Fee") shall be due and payable on the
                        effective date of termination and thereafter shall bear
                        interest at a rate equal to the highest rate applicable
                        to any of the Obligations. Notwithstanding the
                        foregoing, Bank agrees to waive the Early Termination
                        Fee if Bank agrees to refinance and redocument this
                        Agreement under this or another division of Bank (in its
                        sole and exclusive discretion) prior to the last day of
                        the Facility Period."

            The Loan Agreement shall be amended by deleting Section 6.3(D)(ii)
                  thereof and inserting in lieu thereof the following:

                        "(ii) audited consolidated financial statements prepared
                        under GAAP, consistently applied, together with an
                        unqualified opinion an opinion which is unqualified or
                        otherwise consented to by Bank on the financial
                        statements from an independent certified public
                        accounting firm acceptable to Bank, to be delivered to
                        Bank as soon as available, but no later than: (x)
                        September 30, 2003 for Borrower's fiscal year 2001
                        audited statements, (y) March 31, 2004 for Borrower's
                        fiscal year 2002 audited statements, and (z) one hundred
                        eighty (180) days after the end of Borrower's fiscal
                        year for each fiscal year thereafter.

            The Loan Agreement shall be amended by deleting Section 6.3(K)
                  thereof and inserting in lieu thereof the following:

                        "(K) Borrower will allow Bank to audit the Collateral,
                        including, but not limited to, Borrower's Accounts, at
                        Borrower's expense, annually upon reasonable notice.
                        Provided, however, if an Event of Default has occurred,
                        Bank may audit the Collateral, including, but not
                        limited to, Borrower's Accounts, at Bank's sole and
                        exclusive discretion and without notification and
                        authorization from Borrower."

4. FEES. Borrower shall pay to Bank a modification fee equal to Fifteen Thousand
Dollars ($15,000.00) (the "Modification Fee"), which Modification Fee shall be
due on the date hereof and shall be deemed fully earned as of the date hereof.
Borrower shall also reimburse Bank for all legal fees and expenses incurred in
connection with this amendment to the Existing Loan Documents.

5. ACQUISITION FINANCING. Borrower and Bank acknowledge and agree that Borrower
is considering acquiring one or more entities or assets (the "Potential
Acquisitions") prior to the end of the Facility Period. Borrower has indicated
to Bank that it may seek to finance all or portions of any such Potential
Acquisitions with Bank (the "Acquisition Financing"). Bank agrees that in the
event that Bank is unwilling to provide to Borrower the Acquisition Financing
with respect to any Potential Acquisition proposed by Borrower during the
Facility Period, on terms reasonably acceptable to Borrower and Borrower elects
to terminate the Loan Agreement solely as a result of same, Bank will agree to
waive the Early Termination Fee and will refund a pro-rata portion of the
Modification Fee, up to $10,000, based upon the date of termination (for
example, termination after one year (August 22, 2004)
<PAGE>
would result in a $7,500.00 refund of the Modification Fee and termination after
23 months (July 22, 2005) would result in a $625.00 refund of the Modification
Fee). Nothing contained herein shall be deemed to waive any rights Bank has to
consent to any such Potential Acquisition which is otherwise prohibited by the
terms of the Loan Agreement.

6. RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby
ratifies, confirms and reaffirms, all and singular, the terms and conditions of
the IP Agreement, and acknowledges, confirms and agrees that, IP Agreement
contains an accurate and complete listing of all Intellectual Property
Collateral as defined in the IP Agreement.

7. CONSISTENT CHANGES. The Existing Loan Documents are hereby amended wherever
necessary to reflect the changes described above.

8. RATIFICATION OF LOAN DOCUMENTS. Borrower hereby ratifies, confirms, and
reaffirms all terms and conditions of all security or other collateral granted
to the Bank, and confirms that the indebtedness secured thereby includes,
without limitation, the Obligations.

9. NO DEFENSES OF BORROWER. Borrower hereby acknowledges and agrees that
Borrower has no offsets, defenses, claims, or counterclaims against Bank with
respect to the Obligations, or otherwise, and that if Borrower now has, or ever
did have, any offsets, defenses, claims, or counterclaims against Bank, whether
known or unknown, at law or in equity, all of them are hereby expressly WAIVED
and Borrower hereby RELEASES Bank from any liability thereunder.

10. CONTINUING VALIDITY. Borrower understands and agrees that in modifying the
existing Obligations, Bank is relying upon Borrower's representations,
warranties, and agreements, as set forth in the Existing Loan Documents. Except
as expressly modified pursuant to this Loan Modification Agreement, the terms of
the Existing Loan Documents remain unchanged and in full force and effect.
Bank's agreement to modifications to the existing Obligations pursuant to this
Loan Modification Agreement in no way shall obligate Bank to make any future
modifications to the Obligations. Nothing in this Loan Modification Agreement
shall constitute a satisfaction of the Obligations. It is the intention of Bank
and Borrower to retain as liable parties all makers of Existing Loan Documents,
unless the party is expressly released by Bank in writing. No maker will be
released by virtue of this Loan Modification Agreement.

11. JURISDICTION/VENUE. Borrower accepts for itself and in connection with its
properties, unconditionally, the non-exclusive jurisdiction of any state or
federal court of competent jurisdiction in the Commonwealth of Massachusetts in
any action, suit, or proceeding of any kind against it which arises out of or by
reason of this Loan Modification Agreement; provided, however, that if for any
reason Bank cannot avail itself of the courts of the Commonwealth of
Massachusetts, then venue shall lie in Santa Clara County, California.
NOTWITHSTANDING THE FOREGOING, THE BANK SHALL HAVE THE RIGHT TO BRING ANY ACTION
OR PROCEEDING AGAINST THE BORROWER OR ITS PROPERTY IN THE COURTS OF ANY OTHER
JURISDICTION WHICH THE BANK DEEMS NECESSARY OR APPROPRIATE IN ORDER TO REALIZE
ON THE COLLATERAL OR TO OTHERWISE ENFORCE THE BANK'S RIGHTS AGAINST THE BORROWER
OR ITS PROPERTY.

12. COUNTERSIGNATURE. This Loan Modification Agreement shall become effective
only when it shall have been executed by Borrower and Bank.

            [The remainder of this page is intentionally left blank]
<PAGE>
      This Loan Modification Agreement is executed as a sealed instrument under
the laws of the Commonwealth of Massachusetts as of the date first written
above.

GREENFIELD ONLINE, INC.                   SILICON VALLEY BANK

By:                                       By:
       ----------------------------              -------------------------------
Name:                                     Name:
       ----------------------------              -------------------------------
Title:                                    Title:
       ----------------------------              -------------------------------<PAGE>
                                                                  Exhibit 10.30

                              EMPLOYMENT AGREEMENT

                                     BETWEEN

                             GREENFIELD ONLINE, INC.

                                       AND

                                 DEAN A. WILTSE

                                  APRIL 1, 2004
<PAGE>
            AMENDED AND RESTATED EMPLOYMENT AGREEMENT dated as of April 1, 2004,
between GREENFIELD ONLINE, INC., a Delaware corporation (the "Company"), and
DEAN A. WILTSE (the "Executive").

            The Company is engaged in the business of providing marketing
research data collection services over the Internet (together with other
business in which the Company engages during the Employment Period, the "Subject
Business"). The Executive has experience as an attorney which experience is
valuable to the Subject Business and the Company desires to employ and the
Executive desires to be employed as the Company's President and Chief Executive
Officer.

            The Executive and the Company entered into the Employment Agreement
dated as of April 30, 2001 (as previously amended, the "Prior Employment
Agreement") and now desire to enter into this Amended and Restated Employment
Agreement (this "Agreement") to set forth the terms governing the Executive's
employment as well as to provide adequate and reasonable protection for the
Company's legitimate business interest of safeguarding its trade secrets,
confidential information, and customer and employee relationships.

            NOW, THEREFORE, in consideration of the mutual covenants contained
herein and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree as follows:

            SECTION 1. EMPLOYMENT.

            The Company shall employ the Executive, and the Executive accepts
employment with the Company, upon the terms and conditions set forth in this
Agreement for the period beginning on the Effective Date (as defined in Section
14(j)) and ending on the Termination Date determined pursuant to Section 4(a)
(the "Employment Period"). THIS AGREEMENT DOES NOT GUARANTY EXECUTIVE EMPLOYMENT
FOR ANY SPECIFIED PERIOD OF TIME. EXECUTIVE IS AN EMPLOYEE-AT-WILL AND MAY BE
TERMINATED BY COMPANY AT ANY TIME WITH OR WITHOUT CAUSE; HOWEVER, ANY
TERMINATION OF THIS AGREEMENT SHALL ENTITLE EXECUTIVE TO SUCH BENEFITS AND
COMPENSATION AS ARE PROVIDED IN SECTION 5 HEREOF AND OTHERWISE HEREIN.

            SECTION 2. BASE SALARY, BONUS AND BENEFITS.

            (a) During the Employment Period, the Executive's base salary shall
be no less than $400,000 per annum or such higher rate as the Compensation
Committee of the Board (excluding the Executive if he should be a member of the
Board or the Compensation Committee at the time of such determination) may
designate from time to time (the "Base Salary"), which salary shall be reviewed
by the Compensation Committee on an annual basis and payable in such
installments as is customary for other senior executives of the Company. In
addition, during the Employment Period, the Executive shall be entitled to (i)
participate in all employee benefit programs for which other senior executives
of the Company are generally eligible, (ii) be eligible to participate in all
insurance plans available generally to other senior executives of the Company,
and (iii) take 4 weeks of paid vacation annually. In the case of any partial
month during the Employment Period, reimbursements, payments and other
entitlements pursuant to this Section 2 shall be made or provided to the
Executive on a per diem basis.
<PAGE>
            (b) In addition to the Base Salary and benefits set forth in
paragraph (a) above, during the Employment Period the Executive shall be
eligible to participate in such bonus plan for senior management as may be
adopted for any fiscal year by the Board or the Compensation Committee thereof
(the "Bonus Plan"). The Company may also award to the Executive from time to
time stock options or other equity based incentive awards under the Company's
Amended and Restated 1999 Stock Option Plan (the "Stock Plan") and the Company's
2004 Equity Incentive Plan (the "Equity Plan").

            (c) The Company shall reimburse the Executive for all reasonable
expenses incurred by him in the course of performing his duties under this
Agreement which are consistent with the Company's policies in effect from time
to time with respect to travel, entertainment and other business expenses,
subject to the Company's requirements with respect to reporting and
documentation of such expenses.

            (d) The Company shall deduct from any payments to be made by it to
the Executive under this Agreement any amounts required to be withheld in
respect of any Federal, state or local income or other taxes.

            SECTION 3. POSITION AND DUTIES.

            (a) During the Employment Period, the Executive shall serve as
President and Chief Executive Officer of the Company, and shall report to the
Board. The Executive acknowledges and agrees that he owes a fiduciary duty of
loyalty to the Company to discharge his duties and otherwise act in a manner
consistent with the best interests of the Company and its Subsidiaries.

            (b) During the Employment Period, the Executive shall devote his
best efforts and full working time, attention and energies to the performance of
his duties and responsibilities under this Agreement (except for vacations to
which he is entitled pursuant to Section 2(a) and except for illness or
incapacity). During the Employment Period, the Executive shall not engage in any
business activity which, in the reasonable judgment of the Board (excluding the
Executive if he should be a member of the Board at the time of such
determination), materially conflicts with the duties of the Executive hereunder,
whether or not such activity is pursued for gain, profit or other pecuniary
advantage.

            SECTION 4. TERMINATION.

            (a) Termination Date. The Executive's employment under this
Agreement shall terminate upon the earliest to occur (the date of such
occurrence being the "Termination Date") of (i) the effective date of the
Executive's resignation (a "Resignation"), (ii) the Executive's death or
Disability (an "Involuntary Termination"), (iii) the effective date of a
termination of the Executive's employment for Cause by the Board (a "Termination
for Cause"), and (iv) the effective date of a termination of the Executive's
employment by the Board for reasons that do not constitute Cause or as a result
of the Company's election not to renew this Agreement pursuant to Section 1 (a
"Termination Without Cause"). The effective date of a Resignation shall be as
determined under Section 4(b) or 4(c), as applicable; the effective date of an
Involuntary Termination shall be the date of death or, in the event of a
Disability, the date

                                      -2-
<PAGE>
specified in a notice delivered to the Executive by the Company; and the
effective date of a Termination for Cause or a Termination Without Cause shall
be the date specified in a notice delivered to the Executive by the Company of
such termination.

            (b) Resignation. Except in the case of a Resignation for Good
Reason, as hereinafter defined, the Executive shall give the Company and the
Board at least 90 days' prior written notice of a Resignation, with the
effective date of such Resignation specified therein. The Board may, in its
discretion, accelerate the effective date of such a Resignation.

            (c) Resignation for Good Reason. The Executive may resign for Good
Reason effective 30 days after giving the notice contemplated by this Section
4(c), unless the Company cures the event or condition constituting Good Reason
within such period. For purposes of this Section 4(c), "Good Reason" shall mean
any one of the following: (i) a material diminution of the Executive's title and
status as set forth in this Agreement or assignment to duties and
responsibilities inconsistent with those set forth in this Agreement; (ii) the
relocation of the Executive to any place greater than thirty (30) miles from his
current principal location (excluding New York City); or (iii) a substantial
reduction of the Executive's compensation package as set forth in this
Agreement, unless such a reduction is made by the Company ratably with all other
executives at similar levels of responsibility. Notwithstanding the foregoing,
any of the events described in clauses (i) through (iii) of this Section 4(c)
shall constitute "Good Reason" only if the Company fails to cure such event
within 30 days after receipt from the Executive of written notice of the event
which constitutes Good Reason; and "Good Reason" under clauses (i) through (iii)
above shall cease to exist for an event on the 60th day following the later of
its occurrence or the Executive's actual knowledge thereof, unless the Executive
has given the Company written notice thereof prior to such date. Further
notwithstanding the foregoing, following a Change in Control, as such term is
defined in Section 2(c) of the Equity Plan, for purposes of clause (i) above,
"material diminution" shall be measured by comparing the nature of the
Executive's duties, management responsibility, revenues of the respective
business units managed or serviced by the Executive and the respective number of
people reporting to the Executive before and after the Change in Control, rather
than on the basis of Executive's title or to whom he reports following the
Change in Control.

            SECTION 5. EFFECT OF TERMINATION; SEVERANCE.

            (a) In the event of a Termination Without Cause or a Resignation for
Good Reason, the Executive or his beneficiaries or estate shall have the right
to receive the following:

                  (i) the unpaid portion of the Base Salary, computed on a pro
      rata basis to the Termination Date;

                  (ii) a pro rata portion of the annual bonus, if any, that the
      Executive would have been entitled to receive pursuant to the applicable
      Bonus Plan in the year in which the Executive's employment terminates,
      based upon the attainment of the performance objectives applicable thereto
      for such year and the percentage of the fiscal year that shall have
      elapsed through the date of the Executive's termination of employment,
      payable when such annual bonus would have otherwise been payable had the
      Executive's employment not terminated;

                                      -3-
<PAGE>
                  (iii) reimbursement for any expenses for which the Executive
      shall not have been previously reimbursed, as provided in Section 2(c);
      and

                  (iv) payment of Base Salary for a period (the "Severance
      Period") of twelve (12) months immediately following the Termination Date;
      provided, that following an IPO and/or a Qualifying Change in Control (as
      such terms are hereinafter defined), the Severance Period shall be
      twenty-four (24) months immediately following the Termination Date. In
      addition, following a Qualifying Change in Control, the Executive shall be
      entitled to receive an additional bonus equal to six months' Base Salary,
      payable in a lump sum within 30 days following the date of termination.
      The foregoing amounts shall not be subject to reduction in the event that
      the Executive obtains new employment during the Severance Period.
      Notwithstanding the foregoing, however, in the event of a breach by the
      Executive of any of Sections 6, 7, 8, or 9 on or after the Termination
      Date, the provisions of Section 11 shall apply.

      For purposes of this clause (iv), an "IPO" shall mean an underwritten
      public offering of the Company's common stock pursuant to a registration
      statement on Form S-1 under the Securities Act of 1933, as amended, and a
      "Qualifying Change in Control" shall mean a Change in Control which either
      (A) follows an IPO or (B) results in proceeds to the Company or its
      shareholders, net of legal, accounting and other transaction fees, of $120
      million or more in the aggregate.

            (b) In the event of a Termination for Cause, an Involuntary
Termination or a Resignation (other than for Good Reason), the Executive or his
beneficiaries or estate shall have the right to receive the following:

                  (i) the unpaid portion of the Base Salary, computed on a pro
      rata basis to the Termination Date; and

                  (ii) in the case of an Involuntary Termination based on the
      Executive's Death or Disability (but not otherwise pursuant to this
      Section 5(b)) a pro rata portion of the annual bonus, if any, that the
      Executive would have been entitled to receive pursuant to the applicable
      Bonus Plan in the year in which the Executive's employment terminates,
      based upon the attainment of the performance objectives applicable thereto
      for such year and the percentage of the fiscal year that shall have
      elapsed through the date of the Executive's termination of employment,
      payable when such annual bonus would have otherwise been payable had the
      Executive's employment not terminated; and

                  (iii) reimbursement for any expenses for which the Executive
      shall not have been previously reimbursed, as provided in Section 2(c).

            (c) In the event of a Termination Without Cause or Resignation for
Good Reason which occurs within twelve (12) months after a Change in Control, on
the applicable Termination Date, any unvested options or other equity based
incentives previously awarded to the Executive under the Stock Plan or the
Equity Plan (the "Equity Incentives") will accelerate such that they will become
immediately vested to the extent that they would otherwise have vested in the
twelve (12) months following such Termination Date had the Executive remained

                                      -4-
<PAGE>
employed by the Company during such period, and all Equity Incentives held by
the Executive as of the Termination Date will remain exercisable for twelve (12)
months after such Termination Date or until the end of their term, whichever
occurs first. Notwithstanding the foregoing, in the event that the Board or the
Compensation Committee thereof determines in good faith that the respective
terms contained in the Equity Incentives are more favorable in the aggregate to
the Executive with regard to vesting and exercisability than the provisions of
the preceding sentence, such terms of the Equity Incentives shall apply;
provided, that nothing herein shall require the Board or such Committee to
combine any terms of the foregoing sentence with any terms of such Equity
Incentives relating to vesting or exercisability.

            (d) Upon any termination, neither the Executive nor his
beneficiaries or estate shall have any further rights under this Agreement or
any rights arising out of this Agreement other than as provided in Sections
5(a), (b) and (c) above.

            SECTION 6. NONDISCLOSURE AND NONUSE OF CONFIDENTIAL INFORMATION.

            The Executive will not disclose or use at any time, either during
the Employment Period and for a period of five years thereafter, any
Confidential Information of which the Executive is or becomes aware, whether or
not such information is developed by him, except to the extent that such
disclosure or use is directly related to and required by the Executive's
performance of duties assigned to the Executive by the Company. This provision
shall not apply to information which is generally known in the industry or
otherwise, or becomes released or in the public domain without fault or breach
of the Executive.

            SECTION 7. INVENTIONS AND PATENTS.

            The Executive agrees that all Work Product belongs to the Company.
The Executive will promptly disclose such Work Product to the Board and perform
all actions reasonably requested by the Board (whether during or after the
Employment Period) to establish and confirm such ownership (including, without
limitation, the execution and delivery of assignments, consents, powers of
attorney and other instruments) and to provide reasonable assistance to the
Company in connection with the prosecution of any applications for patents,
trademarks, trade names, service marks or reissues thereof or in the prosecution
or defense of interferences relating to any Work Product.

            SECTION 8. NON-COMPETE, NON-SOLICITATION, NON-DISPARAGEMENT.

            The Executive acknowledges and agrees with the Company that, during
the course of the Executive's employment with the Company, the Executive has had
and will continue to have the opportunity to develop relationships with existing
employees, customers and other business associates of the Company and its
Subsidiaries which relationships constitute goodwill of the Company, and the
Company would be irreparably damaged if the Executive were to take actions that
would damage or misappropriate such goodwill. Accordingly, the Executive agrees
as follows:

            (a) The Executive acknowledges that the Company currently conducts
the Subject Business throughout the world, but that its major area of operations
is North America

                                      -5-
<PAGE>
(the "Territory"). Accordingly, during the term hereof and until the first
anniversary of the Termination Date (the "Non-Compete Period"), the Executive
shall not, directly or indirectly, enter into, engage in, assist, give or lend
funds to or otherwise finance, be employed by or consult with, or have a
material financial or other interest in, any business which materially and
directly competes with the Company during the Non-Compete Period or could, in
the reasonable judgment of the Board, be deemed to be in direct competition with
the Company during the Non-Compete Period, within the Territory, whether for or
by himself or as an independent contractor, agent, stockholder, partner or joint
venturer for any other Person. The holding of less than five percent (5%) of the
stock of a corporation or ownership of a business entity in which Executive has
no managerial responsibility or authority or consulting arrangement shall not
constitute a breach of this covenant. To the extent that the covenant provided
for in this Section 8(a) may later be deemed by a court to be too broad to be
enforced with respect to its duration or with respect to any particular activity
or geographic area, the court making such determination shall have the power to
reduce the duration or scope of the provision, and to add or delete specific
words or phrases to or from the provision. The provision as modified shall then
be enforced.

            (b) Notwithstanding the foregoing, the aggregate ownership by the
Executive of no more than five percent (5%) (on a fully-diluted basis) of the
outstanding equity securities of any Person, which securities are traded on a
national or foreign securities exchange, quoted on the NASDAQ stock market or
other automated quotation system, and which Person materially and directly
competes with the Company (or any part thereof) within the Territory, shall not
be deemed to be a violation of Section 8(a). In the event that any Person in
which the Executive has any financial or other interest directly or indirectly
enters into a business during the Non-Compete Period that materially and
directly competes with the Company within the Territory, the Executive shall
divest all of his interest (other than as permitted to be held pursuant to the
first sentence of this Section 8(b)) in such Person within 30 days after the
time that the Executive becomes aware that such Person enters into such business
that materially and directly competes with the Company within the Territory.

            (c) The Executive covenants and agrees that, during the period
commencing with the Effective Date and ending on the first anniversary of the
date on which the Executive ceases to be employed by the Company for any reason
whatsoever, the Executive will not, directly or indirectly, either for himself
or for any other Person (A) solicit any key management, sales, software
development or technical employee of the Company or any of its Subsidiaries to
terminate his or her employment with the Company or any of its Subsidiaries or
employ any such individual during his or her employment with the Company or any
of its Subsidiaries and for a period of one year after such individual
terminates his or her employment with the Company or any of its Subsidiaries,
(B) solicit any customer of the Company or any of its Subsidiaries to purchase
or distribute information, products or services of or on behalf of the Executive
or such other Person that are materially and directly competitive with the
information, products or services that were provided by the Company or any of
its Subsidiaries during the Employment Period, or (c) take any action that the
Executive knows or should know to cause injury to the relationships between the
Company or any of its Subsidiaries or any of their employees and any lessor,
lessee, vendor, supplier, customer, distributor, employee, consultant or other
business associate of the Company or any of its Subsidiaries as such
relationship relates to the Company's or any of its Subsidiaries' conduct of
their business.

                                      -6-
<PAGE>
            (d) The Executive understands that the foregoing restrictions may
limit his ability to earn a livelihood in a business which is competitive with
the business of the Company and any of its Subsidiaries, but he nevertheless
believes that he has received and will receive sufficient consideration and
other benefits as an employee of the Company and as otherwise provided hereunder
or as described in the recitals hereto to clearly justify such restrictions
which, in any event (given his education, skills and ability), the Executive
does not believe would prevent him from otherwise earning a living.

            (e) The foregoing non-compete restrictions shall not apply in the
event that the Executive is forced to terminate his employment with the Company
as a result of a material breach by the Company of any of its obligations to the
Executive under this Agreement, the Shareholders' Agreement between the Company,
the Executive and the other shareholders of the Company, to be entered into in
connection with the Closing under the Purchase Agreement, and Stock Option
Agreements entered into between the Company and the Executive.

            SECTION 9. DELIVERY OF MATERIALS UPON TERMINATION OF EMPLOYMENT.

            The Executive shall deliver to the Company at the termination of the
Employment Period or at any time the Company may request all computer hardware,
peripherals, cell phones and other equipment supplied by the Company, and all
memoranda, notes, plans, records, reports, computer tapes and software and other
documents and data (and copies thereof) relating to the Confidential
Information, Work Product or the Subject Business which he may then possess or
have under his control regardless of the location or form of such material and,
if requested by the Company, will provide the Company with written confirmation
that all such materials have been delivered to the Company.

            SECTION 10. INSURANCE.

            The Company may, for its own benefit, maintain "keyman" life and
disability insurance policies covering the Executive. The Executive will
cooperate with the Company and provide such information or other assistance as
the Company may reasonably request in connection with the Company obtaining and
maintaining such policies.

            SECTION 11. ENFORCEMENT.

            Because the Executive's services are unique and because the
Executive has access to Confidential Information and Work Product, the parties
hereto agree that money damages would be an inadequate remedy for any breach of
this Agreement. Therefore, in the event of a breach or threatened breach of this
Agreement, the Company or its successors or assigns may, in addition to other
rights and remedies existing in their favor, apply to any court of competent
jurisdiction for specific performance and/or injunctive or other relief in order
to enforce, or prevent any violations of, the provisions hereof (without posting
a bond or other security). In addition to the foregoing, and not in any way in
limitation thereof, or in limitation of any right or remedy otherwise available
to the Company, if the Executive violates any provision of the foregoing
Sections 6, 7, 8 or 9, any payments then or thereafter due from the Company to
the Executive pursuant to Section 5(a)(iv) shall be terminated forthwith and the
Company's obligation to pay and the Executive's right to receive such payments
shall terminate and be of no

                                      -7-
<PAGE>
further force or effect, in each case without limiting or affecting the
Executive's obligations under such Sections 6, 7, 8 and 9 or the Company's other
rights and remedies available at law or equity.

            SECTION 12. REPRESENTATIONS.

            Each party hereby represents and warrants to the other party that
(a) the execution, delivery and performance of this Agreement by such party does
not and will not conflict with, breach, violate or cause a default under any
agreement, contract or instrument to which such party is a party or any
judgment, order or decree to which such party is subject, and (b) upon the
execution and delivery of this Agreement by such party, this Agreement will be a
valid and binding obligation of such party, enforceable in accordance with its
terms, except as enforcement hereof may be limited by any applicable bankruptcy,
reorganization, insolvency or other laws affecting creditors rights generally or
by general principles of equity. In addition, the Executive represents and
warrants to the Company that the Executive is not a party to or bound by any
employment agreement, consulting agreement, non-compete agreement,
confidentiality agreement or similar agreement with any other Person. The
Company and the Executive hereby terminate all existing employment or consulting
agreements between them, if any, to the extent such agreements may be in effect
after the date hereof.

            SECTION 13. DEFINITIONS.

            "Board" shall mean the board of directors of the Company.

            "Business Day" shall mean any day that is not a Saturday, Sunday, or
a day on which banking institutions in New York are not required to be open.

            "Cause" shall mean a reasonable and factually supported finding by
the Board that the Executive has: (i) engaged in conduct that constitutes gross
malfeasance of office or flagrant disloyalty to the Company, dishonesty, fraud
or theft; (ii) willfully and repeatedly failed to carry out the reasonable
directions of the Board or has engaged in conduct in clear violation of material
written policies of the Company; (iii) been convicted of or entered a plea of
guilty or nolo contendere to any Law constituting a felony (including the
Foreign Corrupt Practices Act of 1977), or (iv) the continued use of alcohol or
drugs by the Executive to an extent that such use materially interferes with the
performance of the Executive's material duties and responsibilities. In the case
of subsection (ii) of this subparagraph, and except for a material violation of
written Company policies concerning compliance with the federal securities laws
or NASD listing requirements or which is otherwise reasonably determined by the
Board not to be curable, the Board shall provide not less than one (1) written
warning of the conduct or alleged conduct which does or may constitute violation
of the policies referred to in such subsection, and shall provide Executive with
reasonable opportunity to cure such violations or come into compliance with such
policies.

            "Confidential Information" means information that is not generally
known to the public and that is used, developed or obtained by the Company or
any of its Subsidiaries in connection with the Subject Business, including, but
not limited to, (i) information, observations, procedures and data obtained by
the Executive while employed by the Company (including those

                                      -8-
<PAGE>
obtained prior to the date of this Agreement) concerning the business or affairs
of the Company or any of its Subsidiaries, (ii) products or services, (iii)
costs and pricing structures, (iv) analyses, (v) drawings, photographs and
reports, (vi) computer software, including operating systems, applications and
program listings, (vii) flow charts, manuals and documentation, (viii) data
bases, (ix) accounting and business methods, (x) inventions, devices, new
developments, methods and processes, whether patentable or unpatentable and
whether or not reduced to practice, (xi) customers and customer lists, (xii)
other copyrightable works, (xiii) all production methods, processes, technology
and trade secrets, and (xiv) all similar and related information in whatever
form. Confidential Information will not include any information that has been
published in a form generally available to the public prior to the date the
Executive proposes to disclose or use such information. Confidential Information
will not be deemed to have been published merely because individual portions of
the information have been separately published, but only if all material
features comprising such information have been published in combination.

            "Disability" shall mean the physical or mental inability of the
Executive (i) to substantially perform all of his material duties under this
Agreement for a period of 90 consecutive days or longer or for any 90 days in
any period of 365 consecutive days, or (ii) that, in the opinion of a physician
mutually selected by the Board (excluding the Executive if the Executive is a
member of the Board at such time) and the Executive, is likely to prevent the
Executive from substantially performing all of his material duties under this
Agreement for more than 90 days in any period of 365 consecutive days.

            "Subsidiary" of the Company means and includes (i) any corporation
more than 50% of whose stock of any class or classes having by the terms thereof
ordinary voting power to elect a majority of the directors of such corporation
(irrespective of whether or not at the time stock of any class or classes of
such corporation shall have or might have voting power by reason of the
happening of any contingency) is at the time owned by the Company or indirectly
through Subsidiaries and (ii) any partnership, association, joint venture or
other entity (other than a corporation) in which the Company directly or
indirectly through Subsidiaries, has more than a 50% equity interest at the
time.

            "Work Product" shall mean all inventions, innovations, improvements,
technical information, systems, software developments, methods, designs,
analyses, drawings, reports, service marks, trademarks, tradenames, logos and
all similar or related information (whether patentable or unpatentable) which
relates to the Company's or any of its Subsidiaries' actual or anticipated
business, research and development or existing or future products or services
and which are conceived, developed or made by the Executive in connection with
or relating to (whether or not during usual business hours and whether or not
alone or in conjunction with any other Person) the Executive's position and
duties while employed by the Company (including those conceived, developed or
made prior to the date of this Agreement) together with all patent applications,
letters patent, trademark, tradename and service mark applications or
registrations, copyrights and reissues thereof that may be granted for or upon
any of the foregoing.

                                      -9-
<PAGE>
            SECTION 14. GENERAL PROVISIONS.

            (a) Severability. It is the desire and intent of the Parties hereto
that the provisions of this Agreement be enforced to the fullest extent
permissible under the laws and public policies applied in each jurisdiction in
which enforcement is sought. Accordingly, if any particular provision of this
Agreement shall be adjudicated by a court of competent jurisdiction to be
invalid, prohibited or unenforceable for any reason, such provision, as to such
jurisdiction, shall be ineffective, without invalidating the remaining
provisions of this Agreement or affecting the validity or enforceability of this
Agreement or affecting the validity or enforceability of such provision in any
other jurisdiction. Notwithstanding the foregoing, if such provision could be
more narrowly drawn so as not to be invalid, prohibited or unenforceable in such
jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without
invalidating the remaining provisions of this Agreement or affecting the
validity or enforceability of such provision in any other jurisdiction.

            (b) Notices. All notices, requests, demands, claims and other
communications hereunder shall be in writing and sufficient if (i) delivered
personally, (ii) delivered by certified United States Post Office mail, return
receipt requested, (iii) telecopied or (iv) sent to the recipient by a
nationally-recognized overnight courier service (charges prepaid) and addressed
to the intended recipient as set forth below:

            If to the Executive, to:

                     Dean A. Wiltse
                     4 Brandon Circle
                     Wilton, Connecticut 06897

            With a copy to:

                     Thomas LaPorte, Esq. or Kenneth A. Cossingham, Esq.
                     Cossingham Law Office, PC
                     800 Turnpike Street, Suite 305
                     North Andover, MA 01845

            If to the Company, to:

                     Greenfield Online, Inc.
                     21 River Road
                     Wilton, Connecticut  06897
                     Attention:  General Counsel
                     Telecopier:  (203) 846-5749

            with copies to:

                     Wake, See, Dimes & Bryniczka
                     27 Imperial Avenue
                     P.O. Box 777
                     Westport, CT  06881

                                      -10-
<PAGE>
                     Attention:  Jacob P. Bryniczka
                     Telecopier: (203) 226-1641

or such other address as the recipient party to whom notice is to be given may
have furnished to the other party in writing in accordance herewith. Any such
communication shall deemed to have been delivered and received (a) in the case
of personal delivery, on the date of such delivery, (b) in the case of delivery
by mail, on the third Business Day following such mailing, (c) if telecopied, on
the date telecopied, and (d) in the case of delivery by nationally-recognized,
overnight courier, on the Business Day following dispatch.

            (c) Entire Agreement. This Agreement and the documents expressly
referred to herein embody the complete agreement and understanding among the
parties and supersede and preempt any prior understandings, agreements or
representations by or among the parties, written or oral, which may have related
to the subject matter hereof in any way, including without limitation the Prior
Employment Agreement.

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

            (e) Successors and Assigns. Except as otherwise provided herein,
this Agreement shall bind and inure to the benefit of and be enforceable by the
Executive and the Company and their respective successors, assigns, heirs,
representatives and estate, as the case may be; provided, however, that the
obligations of the Executive under this Agreement shall not be assigned without
the prior written consent of the Company.

            (f) Amendment and Waiver. The provisions of this Agreement may be
amended and waived only with the prior written consent of the Company and the
Executive, and no course of conduct or failure or delay in enforcing the
provisions of this Agreement shall affect the validity, binding effect or
enforceability of this Agreement or any provision hereof.

            (g) Governing Law. This Agreement shall be governed by and construed
in accordance with the domestic laws of the State of Connecticut without giving
effect to any choice or conflict of law provision or rule that would cause the
application of the laws of any jurisdiction other than the State of Connecticut.

            (h) Descriptive Headings; Nouns and Pronouns. Descriptive headings
are for convenience only and shall not control or affect the meaning or
construction of any provision of this Agreement. Whenever the context may
require, any pronouns used herein shall include the corresponding masculine,
feminine or neuter forms, and the singular form of nouns and pronouns shall
include the plural and vice-versa.

            (i) Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR
COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.

                                      -11-
<PAGE>
            (j) Effective Date. This Agreement shall be effective as of the date
first above written (the "Effective Date").

                                    * * * * *

                                      -12-
<PAGE>
            IN WITNESS WHEREOF, the parties hereto have executed this Amended
and Restated Employment Agreement as of the date first written above.

                                      GREENFIELD ONLINE, INC.
                                      By:
                                         ---------------------------------------
                                         Name:
                                         Title:

                                      EXECUTIVE

                                      ------------------------------------------
                                                     Dean A. Wiltse

                                      Approved by the Compensation Committee of
                                      the Board of Directors

                                      By
                                         ---------------------------------------
                                           Joel R. Mesznik, its Chairman

                                      -13-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00067-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00067-of-00352.parquet"}]]