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                                                                 Exhibit 4.1

                                CENVEO, INC.

                    2001 LONG-TERM EQUITY INCENTIVE PLAN

SECTION 1  PURPOSE

         This plan shall be known as the "Cenveo, Inc. 2001 Long-Term Equity
Incentive Plan" (the "Plan"). The purpose of the Plan is to promote the
interests of Cenveo, Inc. (the "Company") and its Subsidiaries and the
Company's stockholders by (i) attracting and retaining key officers,
employees, and directors of, and consultants to, the Company and its
Subsidiaries and any future Affiliates; (ii) motivating such individuals by
means of performance-related incentives to achieve long-range performance
goals; (iii) enabling such individuals to participate in the long-term
growth and financial success of the Company; (iv) encouraging ownership of
stock in the Company by such individuals; and (v) linking their compensation
to the long-term interests of the Company and its stockholders. With respect
to any awards granted under the Plan that are intended to comply with the
requirements of "performance-based compensation" under Section 162(m) of the
Code, the Plan shall be interpreted in a manner consistent with such
requirements.

SECTION 2  DEFINITIONS

         As used in the Plan, the following terms shall have the meanings
set forth below:

         (a) "AFFILIATE" shall mean (i) any entity that, directly or
indirectly, is controlled by the Company, (ii) any entity in which the
Company has a significant equity interest, (iii) an affiliate of the
Company, as defined in Rule 12b-2 promulgated under Section 12 of the
Exchange Act, and (iv) any entity in which the Company has at least twenty
percent (20%) of the combined voting power of the entity's outstanding
voting securities, in each case as designated by the Board as being a
participating employer in the Plan.

         (b) "AWARD" shall mean any Option, Stock Appreciation Right,
Restricted Share Award, Restricted Share Unit, Performance Award, Other
Stock-Based Award or other award granted under the Plan, whether singly, in
combination, or in tandem, to a Participant by the Committee (or the Board)
pursuant to such terms, conditions, restrictions and/or limitations, if any,
as the Committee (or the Board) may establish.

         (c) "AWARD AGREEMENT" shall mean any written agreement, contract,
or other instrument or document evidencing any Award, which may, but need
not, be executed or acknowledged by a Participant.

         (d) "BOARD" shall mean the board of directors of the Company.

         (e) "CHANGE IN CONTROL" shall mean, unless otherwise defined in the
applicable Award Agreement, any of the following events:

             (i)   An acquisition (other than directly from the Company)
of any voting securities of the Company (the "Voting Securities") by any
"Person" (as the term Person is used for purposes of Section 13(d) or 14(d)
of the Exchange Act) immediately after which such

Person has "Beneficial Ownership" (within the meaning of Rule 13d-3
promulgated under the Exchange Act) of forty percent (40%) or more of the
combined voting power of the then outstanding Voting Securities; provided,
however, that in determining whether a Change in Control has occurred,
Voting Securities which are acquired in a "Non-Control Acquisition" (as
hereinafter defined) shall not constitute an acquisition which would cause a
Change in Control. A "Non-Control Acquisition" shall mean an acquisition by
(i) an employee benefit plan (or a trust forming a part thereof) maintained
by (A) the Company or (B) any Subsidiary or (ii) the Company or any
Subsidiary;

             (ii)  The individuals who, as of the date hereof, are
members of the Board (the "Incumbent Board"), cease for any reason to
constitute at least a majority of the Board; provided, however, that if the
election or nomination for election by the Company's stockholders of any new
director was approved by a vote of at least two-thirds of the Incumbent
Board, such new director shall, for purposes of this Agreement, be
considered as a member of the Incumbent Board; provided, further, however,
that no individual shall be considered a member of the Incumbent Board if
(1) such individual initially assumed office as a result of either an actual
or threatened "Election Contest" (as described in Rule 14a-11 promulgated
under the Exchange Act) or other actual or threatened solicitation of
proxies or consents by or on behalf of a Person other than the Board (a
"Proxy Contest") including by reason of any agreement intended to avoid or
settle any Election Contest or Proxy Contest or (2) such individual was
designated by a Person who has entered into an agreement with the Company to
effect a transaction described in clause (i) or (iii) of this paragraph; or

             (iii) Approval by stockholders of the Company of:

                   (A) A merger, consolidation or reorganization involving
         the Company, unless,

                       (1) The stockholders of the Company immediately
             before such merger, consolidation or reorganization, own,
             directly or indirectly, immediately following such merger,
             consolidation or reorganization, at least seventy-five percent
             (75%) of the combined voting power of the outstanding Voting
             Securities of the corporation (the "Surviving Corporation") in
             substantially the same proportion as their ownership of the
             Voting Securities immediately before such merger, consolidation
             or reorganization;

                       (2) The individuals who were members of the Incumbent
             Board immediately prior to the execution of the agreement
             providing for such merger, consolidation or reorganization
             constitute at least two-thirds of the members of the board of
             directors of the Surviving Corporation; and

                       (3) No Person (other than the Company, any
             Subsidiary, any employee benefit plan (or any trust forming a
             part thereof) maintained by the Company, the Surviving
             Corporation or any Subsidiary, or any Person who, immediately
             prior to such merger, consolidation or reorganization, had
             Beneficial Ownership of forty percent (40%) or more of the then
             outstanding Voting Securities) has Beneficial Ownership of
             forty percent (40%) or more of

                                   - 2 -

             the combined voting power of the Surviving Corporation's then
             outstanding Voting Securities.

                   (B) A complete liquidation or dissolution of the Company;
         or

                   (C) An agreement for the sale or other disposition of all
         or substantially all of the assets of the Company to any Person
         (other than a transfer to a Subsidiary).

Notwithstanding the foregoing, a Change in Control shall not be deemed to
occur solely because any Person (the "Subject Person") acquired Beneficial
Ownership of more than the permitted amount of the outstanding Voting
Securities as a result of the acquisition of Voting Securities by the
Company which, by reducing the number of Voting Securities outstanding,
increased the proportional number of shares Beneficially Owned by the
Subject Person, provided that if a Change in Control would occur (but for
the operation of this sentence) as a result of the acquisition of Voting
Securities by the Company, and after such share acquisition by the Company,
the Subject Person becomes the Beneficial Owner of any additional Voting
Securities Beneficially Owned by the Subject Person, then a Change in
Control shall occur.

         (f) "CODE" shall mean the Internal Revenue Code of 1986, as amended
from time to time.

         (g) "COMMITTEE" shall mean a committee of the Board composed
entirely of Non-Employee Directors, each of whom shall be a "Non-Employee
Director" for purposes of Exchange Act Section 16 and Rule 16b-3 thereunder
and an "outside director" for purposes of Section 162(m) and the regulations
promulgated under the Code.

         (h) "CONSULTANT" shall mean any consultant to the Company or its
Subsidiaries or Affiliates.

         (i) "COVERED OFFICER" shall mean at any date (i) any individual
who, with respect to the previous taxable year of the Company, was a
"covered employee" of the Company within the meaning of Section 162(m);
provided, however, that the term "Covered Officer" shall not include any
such individual who is designated by the Committee, in its discretion, at
the time of any Award or at any subsequent time, as reasonably expected not
to be such a "covered employee" with respect to the current taxable year of
the Company and (ii) any individual who is designated by the Committee, in
its discretion, at the time of any Award or at any subsequent time, as
reasonably expected to be such a "covered employee" with respect to the
current taxable year of the Company or with respect to the taxable year of
the Company in which any applicable Award will be paid.

         (j) "DIRECTOR" shall mean a member of the Board.

         (k) "EMPLOYEE" shall mean a current or prospective officer or
employee of the Company or of any Subsidiary or Affiliate.

         (l) "EXCHANGE ACT" shall mean the Securities Exchange Act of 1934,
as amended from time to time.

                                   - 3 -

         (m) "FAIR MARKET VALUE" with respect to the Shares, shall mean, for
purposes of a grant of an Award as of any date, (i) the closing sales price
of the Shares on the New York Stock Exchange, or any other such exchange on
which the shares are traded, on such date, or in the absence of reported
sales on such date, the closing sales price on the immediately preceding
date on which sales were reported or (ii) in the event there is no public
market for the Shares on such date, the fair market value as determined, in
good faith, by the Committee in its sole discretion, and for purposes of a
sale of a Share as of any date, the actual sales price on that date.

         (n) "INCENTIVE STOCK OPTION" shall mean an option to purchase
Shares from the Company that is granted under Section 6 of the Plan and that
is intended to meet the requirements of Section 422 of the Code or any
successor provision thereto.

         (o) "NON-QUALIFIED STOCK OPTION" shall mean an option to purchase
Shares from the Company that is granted under Section 6 or 10 of the Plan
and is not intended to be an Incentive Stock Option.

         (p) "NON-EMPLOYEE DIRECTOR" shall mean a member of the Board who is
not an officer or employee of the Company or any Subsidiary or Affiliate.

         (q) "OPTION" shall mean an Incentive Stock Option or a
Non-Qualified Stock Option.

         (r) "OPTION PRICE" shall mean the purchase price payable to
purchase one Share upon the exercise of an Option.

         (s) "OTHER STOCK-BASED AWARD" shall mean any Award granted under
Section 9 or 10 of the Plan.

         (t) "PARTICIPANT" shall mean any Employee, Director, Consultant or
other person who receives an Award under the Plan.

         (u) "PERFORMANCE AWARD" shall mean any Award granted under Section
8 of the Plan.

         (v) "PERSON" shall mean any individual, corporation, partnership,
limited liability company, associate, joint-stock company, trust,
unincorporated organization, government or political subdivision thereof or
other entity.

         (w) "RESTRICTED SHARE" shall mean any Share granted under Section 7
or 10 of the Plan.

         (x) "RESTRICTED SHARE UNIT" shall mean any unit granted under
Section 7 or 10 of the Plan.

         (y) "SEC" shall mean the Securities and Exchange Commission or any
successor thereto.

                                   - 4 -

         (z) "SECTION 16" shall mean Section 16 of the Exchange Act and the
rules promulgated thereunder and any successor provision thereto as in
effect from time to time.

         (aa) "SECTION 162(M)" shall mean Section 162(m) of the Code and the
regulations promulgated thereunder and any successor or provision thereto as
in effect from time to time.

         (bb) "SHARES" shall mean shares of the common stock, $0.01 par
value, of the Company.

         (cc) "STOCK APPRECIATION RIGHT" or "SAR" shall mean a stock
appreciation right granted under Section 6 or 10 of the Plan that entitles
the holder to receive, with respect to each Share encompassed by the
exercise of such SAR, the amount determined by the Committee and specified
in an Award Agreement. In the absence of such a determination, the holder
shall be entitled to receive, with respect to each Share encompassed by the
exercise of such SAR, the excess of the Fair Market Value on the date of
exercise over the Fair Market Value on the date of grant.

         (dd) "SUBSIDIARY" shall mean any Person (other than the Company) of
which a majority of its voting power or its equity securities or equity
interest is owned directly or indirectly by the Company.

         (ee) "SUBSTITUTE AWARDS" shall mean Awards granted solely in
assumption of, or in substitution for, outstanding awards previously granted
by a company acquired by the Company or with which the Company combines.

         (ff) "TANDEM SAR" shall mean an SAR that is granted under Section 6
or 10 of the Plan in relation to a particular Option and that can be
exercised only upon the surrender to the Company, unexercised, of that
portion of the Option to which the SAR relates.

SECTION 3  ADMINISTRATION

         3.1 Authority of Committee. The Plan shall be administered by the
             ----------------------
Committee, which shall be appointed by and serve at the pleasure of the
Board; provided, however, with respect to Awards to Directors who are
members of the Committee, all references in the Plan to the Committee shall
be deemed to be references to the Board. Subject to the terms of the Plan
and applicable law, and in addition to other express powers and
authorizations conferred on the Committee by the Plan, the Committee shall
have full power and authority in its discretion to: (i) designate
Participants; (ii) determine the type or types of Awards to be granted to a
Participant; (iii) determine the number of Shares to be covered by, or with
respect to which payments, rights, or other matters are to be calculated in
connection with Awards; (iv) determine the timing, terms, and conditions of
any Award; (v) accelerate the time at which all or any part of an Award may
be settled or exercised; (vi) determine whether, to what extent, and under
what circumstances Awards may be settled or exercised in cash, Shares, other
securities, other Awards or other property, or canceled, forfeited, or
suspended and the method or methods by which Awards may be settled,
exercised, canceled, forfeited, or suspended; (vii) determine whether, to
what extent, and under what circumstances cash, Shares, other securities,
other Awards, other property, and other amounts payable with respect to an
Award shall be deferred either automatically or at the election of the
holder thereof or of the Committee; (viii) interpret

                                   - 5 -

and administer the Plan and any instrument or agreement relating to, or
Award made under, the Plan; (ix) except to the extent prohibited by Section
6.2, amend or modify the terms of any Award at or after grant with the
consent of the holder of the Award; (x) establish, amend, suspend, or waive
such rules and regulations and appoint such agents as it shall deem
appropriate for the proper administration of the Plan; and (xi) make any
other determination and take any other action that the Committee deems
necessary or desirable for the administration of the Plan, subject to the
exclusive authority of the Board under Section 14 hereunder to amend or
terminate the Plan.

         3.2 Committee Discretion Binding. Unless otherwise expressly
             ----------------------------
provided in the Plan, all designations, determinations, interpretations, and
other decisions under or with respect to the Plan or any Award shall be
within the sole discretion of the Committee, may be made at any time and
shall be final, conclusive, and binding upon all Persons, including the
Company, any Subsidiary or Affiliate, any Participant and any holder or
beneficiary of any Award.

         3.3 Action by the Committee. The Committee shall select one of its
             -----------------------
members as its Chairperson and shall hold its meetings at such times and
places and in such manner as it may determine. A majority of its members
shall constitute a quorum. All determinations of the Committee shall be made
by not less than a majority of its members. Any decision or determination
reduced to writing and signed by all of the members of the Committee shall
be fully effective as if it had been made by a majority vote at a meeting
duly called and held. The exercise of an Option or receipt of an Award shall
be effective only if an Award Agreement shall have been duly executed and
delivered on behalf of the Company following the grant of the Option or
other Award. The Committee may appoint a Secretary and may make such rules
and regulations for the conduct of its business, as it shall deem advisable.

         3.4 Delegation. Subject to the terms of the Plan and applicable
             ----------
law, the Committee may delegate to one or more officers or managers of the
Company or of any Subsidiary or Affiliate, or to a Committee of such
officers or managers, the authority, subject to such terms and limitations
as the Committee shall determine, to grant Awards to, or to cancel, modify
or waive rights with respect to, or to alter, discontinue, suspend, or
terminate Awards held by Participants who are not officers or directors of
the Company for purposes of Section 16 or who are otherwise not subject to
such Section.

         3.5 No Liability. No member of the Board or Committee shall be
             ------------
liable for any action taken or determination made in good faith with respect
to the Plan or any Award granted hereunder.

SECTION 4  SHARES AVAILABLE FOR AWARDS

         4.1 Shares Available. Subject to the provisions of Section 4.2
             ----------------
hereof, the stock to be subject to Awards under the Plan shall be the Shares
of the Company and the maximum number of Shares with respect to which Awards
may be granted under the Plan shall be 7,450,000 (which includes 61,281
Shares with respect to which awards under the Mail-Well, Inc. 1994 Stock
Option Plan (the "1994 Plan") were authorized but not granted, 294,000
Shares with respect to which awards under the Mail-Well, Inc. 1996 Directors
Stock Option Plan (the "1996 Plan") were authorized but not granted, 26,465
Shares with respect to which awards under the Mail-Well, Inc. 1997
Non-Qualified Stock Option Plan (the "1997 Plan") were authorized but

                                   - 6 -

not granted, and 42,971 Shares with respect to which awards under the
Mail-Well, Inc. 1998 Stock Option Plan (the "1998 Plan") were authorized but
not granted), of which (i) no more than 4,425,000 Shares shall be issued
with respect to Incentive Stock Options, (ii) no more than 1,500,000 Shares
shall be issued with respect to SARs, (iii) no more than 1,000,000 Shares
shall be granted as Restricted Shares and (iv) no more than 750,000 Shares
shall be granted as Restricted Share Units. Notwithstanding the foregoing
and subject to adjustment as provided in Section 4.2, the maximum number of
Shares with respect to which Awards may be granted under the Plan shall be
increased by the number of Shares with respect to which Options or other
Awards were granted under the 1994, 1996, 1997 and 1998 Plans, as of the
effective date of this Plan, but which terminate, expire unexercised, or are
settled for cash, forfeited or canceled without the delivery of Shares under
the terms of such Plans after the effective date of this Plan. The number of
Shares to which Awards may be granted under the Plan may not be increased
unless such increase is approved by at least a majority of the outstanding
Shares.

         If, after the effective date of the Plan, any Shares covered by an
Award granted under this Plan, or to which such an Award relates, are
forfeited, or if such an Award is settled for cash or otherwise terminates,
expires unexercised, or is canceled without the delivery of Shares, then the
Shares covered by such Award, or to which such Award relates, or the number
of Shares otherwise counted against the aggregate number of Shares with
respect to which Awards may be granted, to the extent of any such
settlement, forfeiture, termination, expiration, or cancellation, shall
again become Shares with respect to which Awards may be granted. In the
event that any Option or other Award granted hereunder is exercised through
the delivery of Shares or in the event that withholding tax liabilities
arising from such Award are satisfied by the withholding of Shares by the
Company, the number of Shares available for Awards under the Plan shall be
increased by the number of Shares so surrendered or withheld.
Notwithstanding the foregoing and subject to adjustment as provided in
Section 4.2 hereof, no Participant may receive Options or SAR's under the
Plan in any calendar year that relate to more than 1,500,000 shares, unless
such Options or SAR's are granted in connection with the recruiting and
hiring of a Participant simultaneously with such Award.

         4.2 Adjustments. In the event that the Committee determines that
             -----------
any dividend or other distribution (whether in the form of cash, Shares,
other securities, or other property) recapitalization, stock split, reverse
stock split, reorganization, merger, consolidation, split-up, spin-off,
combination, repurchase, or exchange of Shares or other securities of the
Company, issuance of warrants or other rights to purchase Shares or other
securities of the Company, or other similar corporate transaction or event
affects the Shares such that an adjustment is determined by the Committee,
in its sole discretion, to be appropriate, then the Committee shall, in such
manner as it may deem equitable (and, with respect to Incentive Stock
Options, in such manner as is consistent with Section 422 of the Code and
the regulations thereunder): (i) adjust any or all of (1) the aggregate
number of Shares or other securities of the Company (or number and kind of
other securities or property) with respect to which Awards may be granted
under the Plan; (2) the number of Shares or other securities of the Company
(or number and kind of other securities or property) subject to outstanding
Awards under the Plan; and (3) the grant or exercise price with respect to
any Award under the Plan, provided that the number of shares subject to any
Award shall always be a whole number; (ii) if deemed appropriate, provide
for an equivalent award in respect of securities of the surviving entity of
any merger, consolidation or other transaction or event having a similar
effect; or (iii) if deemed appropriate, make provision for a cash payment to
the holder of an outstanding Award.

                                   - 7 -

         4.3 Substitute Awards. Any Shares issued by the Company as
             -----------------
Substitute Awards in connection with the assumption or substitution of
outstanding grants from any acquired corporation shall not reduce the Shares
available for Awards under the Plan.

         4.4 Sources of Shares Deliverable Under Awards. Any Shares
             ------------------------------------------
delivered pursuant to an Award may consist, in whole or in part, of
authorized and unissued Shares or of issued Shares that have been reacquired
by the Company.

SECTION 5  ELIGIBILITY

         Any Employee, Director or Consultant shall be eligible to be
designated a Participant; provided, however, that Non-Employee Directors
shall only be eligible to receive Awards granted consistent with Section
10.1.

SECTION 6  STOCK OPTIONS AND STOCK APPRECIATION RIGHTS

         6.1 Grant. Subject to the provisions of the Plan, the Committee
             -----
shall have sole and complete authority to determine the Participants to whom
Options and SAR's shall be granted, the number of Shares subject to each
Award, the exercise price and the conditions and limitations applicable to
the exercise of each Option and SAR. An Option may be granted with or
without a Tandem SAR. An SAR may be granted with or without a related
Option. The Committee shall have the authority to grant Incentive Stock
Options, or to grant Non-Qualified Stock Options, or to grant both types of
Options. In the case of Incentive Stock Options or Tandem SAR's related to
such Options, the terms and conditions of such grants shall be subject to
and comply with such rules as may be prescribed by Section 422 of the Code,
as from time to time amended, and any regulations implementing such statute.
A person who has been granted an Option or SAR under this Plan may be
granted additional Options or SAR's under the Plan if the Committee shall so
determine; provided, however, that to the extent the aggregate Fair Market
Value (determined at the time the Incentive Stock Option or Tandem SAR
related thereto is granted) of the Shares with respect to which all
Incentive Stock Options or Tandem SAR's related to such Option are
exercisable for the first time by an Employee during any calendar year
(under all plans described in subsection (d) of Section 422 of the Code of
the Company and its Subsidiaries) exceeds $100,000 (or such higher amount as
is permitted in the future under Section 422(d) of the Code, such Options
shall be treated as Non-Qualified Stock Options.

         6.2 Price. The Committee in its sole discretion shall establish the
             -----
Option Price at the time each Option is granted. Except in the case of
Substitute Awards, the Option Price of an Option may not be less than 100%
of the Fair Market Value of the Shares with respect to which the Option is
granted on the date of grant of such Option. Notwithstanding the foregoing
and except as permitted by the provisions of Section 4.2 and Section 14
hereof, the Committee shall not have the power to (i) amend the terms of
previously granted Options to reduce the Option Price of such Options, or
(ii) cancel such Options and grant substitute Options with a lower Option
Price than the canceled Options. Except with respect to Substitute Awards,
SAR's may not be granted at a price less than the Fair Market Value of a
Share on the date of grant.

         6.3 Term. Subject to the Committee's authority under Section 3.1
             ----
and the provisions of Section 6.6, each Option and SAR and all rights and
obligations thereunder shall expire on

                                   - 8 -

the date determined by the Committee and specified in the Award Agreement.
The Committee shall be under no duty to provide terms of like duration for
Options or SAR's granted under the Plan. Notwithstanding the foregoing, no
Option or Tandem SAR that relates to such Option shall be exercisable after
the expiration of ten (10) years from the date such Option or SAR was
granted.

         6.4 Exercise.
             --------

             (a) Each Option and SAR shall be exercisable at such times and
subject to such terms and conditions as the Committee may, in its sole
discretion, specify in the applicable Award Agreement or thereafter. The
Committee shall have full and complete authority to determine, subject to
Section 6.6 herein, whether an Option or SAR will be exercisable in full at
any time or from time to time during the term of the Option or SAR, or to
provide for the exercise thereof in such installments, upon the occurrence
of such events and at such times during the term of the Option or SAR as the
Committee may determine; provided, however, that a SAR may not be
exercisable prior to three (3) years (for time-based vesting) or one (1)
year (for performance-based vesting), except pursuant to a Change in Control
or Section 10.2, which such minimum vesting period may not be changed or
waived by the Committee.

             (b) The Committee may impose such conditions with respect to
the exercise of Options, including without limitation, any relating to the
application of federal, state or foreign securities laws or the Code, as it
may deem necessary or advisable. The exercise of any Option granted
hereunder shall be effective only at such time as the sale of Shares
pursuant to such exercise will not violate any state or federal securities
or other laws.

             (c) An Option or SAR may be exercised in whole or in part at
any time, with respect to whole Shares only, within the period permitted
thereunder for the exercise thereof, and shall be exercised by written
notice of intent to exercise the Option or SAR, delivered to the Company at
its principal office, and payment in full to the Company at the direction of
the Committee of the amount of the Option Price for the number of Shares
with respect to which the Option is then being exercised. A Tandem SAR that
is related to an Incentive Stock Option may be exercised only to the extent
that the related Option is exercisable and only when the Fair Market Value
exceeds the Option Price of the related Option. The exercise of either an
Option or Tandem SAR shall result in the termination of the other to the
extent of the number of Shares with respect to which either the Option or
Tandem SAR is exercised.

             (d) Payment of the Option Price shall be made in cash or cash
equivalents, or, at the discretion of the Committee, (i) in whole Shares
valued at the Fair Market Value of such Shares on the date of exercise,
together with any applicable withholding taxes, or (ii) by a combination of
such cash (or cash equivalents) and such Shares; provided, however, that the
optionee shall not be entitled to tender Shares pursuant to successive,
substantially simultaneous exercises of an Option or any other stock option
of the Company. Subject to applicable securities laws, an Option may also be
exercised by (i) delivering a notice of exercise of the Option and
simultaneously selling the Shares thereby acquired, pursuant to a brokerage
or similar agreement approved in advance by proper officers of the Company,
using the proceeds of such sale as payment of the Option Price, together
with any applicable withholding taxes, or (ii) any other exercise method
(including attestation of shares) approved by the Committee.

                                   - 9 -

Until the optionee has been issued the Shares subject to such exercise, he
or she shall possess no rights as a stockholder with respect to such Shares.

             (e) At the Committee's discretion, the amount payable as a
result of the exercise of an SAR may be settled in cash, Shares, or a
combination of cash and Shares. A fractional Share shall not be deliverable
upon the exercise of a SAR but a cash payment will be made in lieu thereof.

         6.5 [Reserved].

         6.6 Ten Percent Stock Rule. Notwithstanding any other provisions in
             ----------------------
the Plan, if at the time an Option or SAR is otherwise to be granted
pursuant to the Plan the optionee or rights holder owns directly or
indirectly (within the meaning of Section 424(d) of the Code) Shares of the
Company possessing more than ten percent (10%) of the total combined voting
power of all classes of Stock of the Company or its parent or Subsidiary or
Affiliate corporations (within the meaning of Section 422(b)(6) of the
Code), then any Incentive Stock Option or Tandem SAR to be granted to such
optionee or rights holder pursuant to the Plan shall satisfy the requirement
of Section 422(c)(5) of the Code, and the Option Price shall be not less
than 110% of the Fair Market Value of the Shares of the Company, and such
Option by its terms shall not be exercisable after the expiration of five
(5) years from the date such Option is granted.

SECTION 7  RESTRICTED SHARES AND RESTRICTED SHARE UNITS

         7.1 Grant.
             -----

             (a) Subject to the provisions of the Plan, the Committee shall
have sole and complete authority to determine the Participants to whom
Restricted Shares and Restricted Share Units shall be granted, the number of
Restricted Shares and/or the number of Restricted Share Units to be granted
to each Participant, the duration of the period during which, and the
conditions under which, the Restricted Shares and Restricted Share Units may
be forfeited to the Company, and the other terms and conditions of such
Awards. The Restricted Share and Restricted Share Unit Awards shall be
evidenced by Award Agreements in such form as the Committee shall from time
to time approve, which agreements shall comply with and be subject to the
terms and conditions provided hereunder and any additional terms and
conditions established by the Committee that are consistent with the terms
of the Plan.

             (b) Each Restricted Share and Restricted Share Unit Award made
under the Plan shall be for such number of Shares as shall be determined by
the Committee and set forth in the Award Agreement containing the terms of
such Restricted Share or Restricted Share Unit Award. The Award Agreement
shall set forth a period of time during which the grantee must remain in the
continuous employment of the Company in order for the forfeiture and
transfer restrictions to lapse. If the Committee so determines, the
restrictions may lapse during such restricted period in installments with
respect to specified portions of the Shares covered by the Restricted Share
or Restricted Share Unit Award. The restricted period shall be for a minimum
of three (3) years (for time-based vesting) or one (1) year for
performance-based vesting, except pursuant to a Change in Control or Section
10.2, which such minimum restrictive period may not be changed or waived by
the Committee. The Award Agreement may also, in the discretion of the
Committee, set forth performance or other conditions that will subject the
Shares to

                                   - 10 -

forfeiture and transfer restrictions. The Committee may, at its
discretion, waive all or any part of the restrictions applicable to any or
all outstanding Restricted Share and Restricted Share Unit Awards.

         7.2 Delivery of Shares and Transfer Restrictions. At the time of a
             --------------------------------------------
Restricted Share Award, a certificate representing the number of Shares
awarded thereunder shall be registered in the name of the grantee. Such
certificate shall be held by the Company or any custodian appointed by the
Company for the account of the grantee subject to the terms and conditions
of the Plan, and shall bear such a legend setting forth the restrictions
imposed thereon as the Committee, in its discretion, may determine. The
grantee shall have all rights of a stockholder with respect to the
Restricted Shares, including the right to receive dividends and the right to
vote such Shares, subject to the following restrictions: (i) the grantee
shall not be entitled to delivery of the stock certificate until the
expiration of the restricted period and the fulfillment of any other
restrictive conditions set forth in the Award Agreement with respect to such
Shares; (ii) none of the Shares may be sold, assigned, transferred, pledged,
hypothecated or otherwise encumbered or disposed of during such restricted
period or until after the fulfillment of any such other restrictive
conditions; and (iii) except as otherwise determined by the Committee at or
after grant, all of the Shares shall be forfeited and all rights of the
grantee to such Shares shall terminate, without further obligation on the
part of the Company, unless the grantee remains in the continuous employment
of the Company for the entire restricted period in relation to which such
Shares were granted and unless any other restrictive conditions relating to
the Restricted Share Award are met. Any Shares, any other securities of the
Company and any other property (except for cash dividends) distributed with
respect to the Shares subject to Restricted Share Awards shall be subject to
the same restrictions, terms and conditions as such restricted Shares.

         7.3 Termination of Restrictions. At the end of the restricted
             ---------------------------
period and provided that any other restrictive conditions of the Restricted
Share Award are met, or at such earlier time as otherwise determined by the
Committee, all restrictions set forth in the Award Agreement relating to the
Restricted Share Award or in the Plan shall lapse as to the restricted
Shares subject thereto, and a stock certificate for the appropriate number
of Shares, free of the restrictions and restricted stock legend, shall be
delivered to the Participant or the Participant's beneficiary or estate, as
the case may be.

         7.4 Payment of Restricted Share Units. Each Restricted Share Unit
             ---------------------------------
shall have a value equal to the Fair Market Value of a Share. Restricted
Share Units shall be paid in cash, Shares, other securities or other
property, as determined in the sole discretion of the Committee, upon the
lapse of the restrictions applicable thereto, or otherwise in accordance
with the applicable Award Agreement. A Participant shall be credited with
dividend equivalents on any vested Restricted Share Units credited to the
Participant's account at the time of any payment of dividends to
stockholders on Shares. The amount of any such dividend equivalents shall
equal the amount that would have been payable to the Participant as a
stockholder in respect of a number of Shares equal to the number of vested
Restricted Share Units then credited to the Participant. Any such dividend
equivalents shall be credited to the Participant's account as of the date on
which such dividend would have been payable and shall be converted into
additional Restricted Share Units (which shall be immediately vested) based
upon the Fair Market Value of a Share on the date of such crediting. No
dividend equivalents shall be paid in respect of Restricted Share Units that
are not yet vested. Except as otherwise determined by the

                                   - 11 -

Committee at or after grant, Restricted Share Units may not be sold,
assigned, transferred, pledged, hypothecated or otherwise encumbered or
disposed of, and all Restricted Share Units and all rights of the grantee to
such Restricted Share Units shall terminate, without further obligation on
the part of the Company, unless the grantee remains in continuous employment
of the Company for the entire restricted period in relation to which such
Restricted Share Units were granted and unless any other restrictive
conditions relating to the Restricted Share Unit Award are met.

SECTION 8  PERFORMANCE AWARDS

         8.1 Grant. The Committee shall have sole and complete authority to
             -----
determine the Participants who shall receive a Performance Award, which
shall consist of a right that is (i) denominated in cash or Shares, (ii)
valued, as determined by the Committee, in accordance with the achievement
of such performance goals during such performance periods as the Committee
shall establish, and (iii) payable at such time and in such form as the
Committee shall determine. All Performance Awards shall be subject to the
terms and provisions of Section 11 hereof.

         8.2 Terms and Conditions. Subject to the terms of the Plan and any
             --------------------
applicable Award Agreement, the Committee shall determine the performance
goals to be achieved during any performance period, the length of any
performance period, the amount of any Performance Award and the amount and
kind of any payment or transfer to be made pursuant to any Performance
Award, and may amend specific provisions of the Performance Award; provided,
however, that such amendment may not adversely affect existing Performance
Awards made within a performance period commencing prior to implementation
of the amendment.

         8.3 Payment of Performance Awards. Performance Awards may be paid
             -----------------------------
in a lump sum or in installments following the close of the performance
period or, in accordance with the procedures established by the Committee,
on a deferred basis. Termination of employment prior to the end of any
performance period, other than for reasons of death or Disability, will
result in the forfeiture of the Performance Award, and no payments will be
made. A Participant's rights to any Performance Award may not be sold,
assigned, transferred, pledged, hypothecated or otherwise encumbered or
disposed of in any manner, except by will or the laws of descent and
distribution, and/or except as the Committee may determine at or after
grant.

SECTION 9  OTHER STOCK-BASED AWARDS

         The Committee shall have the authority to determine the
Participants who shall receive an Other Stock-Based Award, which shall
consist of any right that is (i) not an Award described in Sections 6, 7 and
8 above and (ii) an Award of Shares or an Award denominated or payable in,
valued in whole or in part by reference to, or otherwise based on or related
to, Shares (including, without limitation, securities convertible into
Shares), as deemed by the Committee to be consistent with the purposes of
the Plan. Subject to the terms of the Plan and any applicable Award
Agreement, the Committee shall determine the terms and conditions of any
such Other Stock-Based Award.

                                   - 12 -

SECTION 10 DIRECTOR AWARDS

         10.1 Awards to Non-Employee Directors. The Board may provide that
              --------------------------------
all or a portion of a Non-Employee Director's annual retainer, meeting fees
and/or other awards or compensation as determined by the Board, be payable
(either automatically or at the election of a Non-Employee Director) in the
form of Non-Qualified Stock Options, SAR's, Restricted Shares, Restricted
Share Units and/or Other Stock-Based Awards, including unrestricted Shares.
The Board shall determine the terms and conditions of any such Awards,
including the terms and conditions which shall apply upon a termination of
the Non-Employee Director's service as a member of the Board, and shall have
full power and authority in its discretion to administer such Awards,
subject to the terms of the Plan and applicable law.

         10.2 Awards of Restricted Shares and SARs to Directors.
              -------------------------------------------------
Notwithstanding the terms of the minimum vesting period for SARs set forth
in Section 6.4(a) and the minimum restricted period for Restricted Shares
set forth in Section 7.1(b), grants of SARs and Restricted Shares to
Directors in lieu of cash stipends, in whole or in part, shall have no
minimum vesting period or restrictive period as may be determined in the
sole discretion of the Committee.

SECTION 11 PROVISIONS APPLICABLE TO COVERED OFFICERS AND PERFORMANCE AWARDS

         11.1 Notwithstanding anything in the Plan to the contrary,
Performance Awards shall be subject to the terms and provisions of this
Section 11.

         11.2 The Committee may grant Performance Awards to Covered Officers
based solely upon the attainment of performance targets related to one or
more performance goals selected by the Committee from among the goals
specified below. For the purposes of this Section 11, performance goals
shall be limited to one or more of the following Company, Subsidiary,
operating unit or division financial performance measures:

              (a) earnings before interest, taxes, depreciation and/or
amortization;

              (b) operating income or profit;

              (c) operating efficiencies;

              (d) return on equity, assets, capital, capital employed, or
investment;

              (e) after tax operating income;

              (f) net income;

              (g) earnings or book value per Share;

              (h) cash flow(s);

              (i) total sales or revenues or sales or revenues per employee;

              (j) production (separate work units or SWU's);

                                   - 13 -

              (k) stock price or total shareholder return;

              (l) dividends; or

              (m) strategic business objectives, consisting of one or more
objectives based on meeting specified cost targets, business expansion
goals, and goals relating to acquisitions or divestitures; or any
combination thereof. Each goal may be expressed on an absolute and/or
relative basis, may be based on or otherwise employ comparisons based on
internal targets, the past performance of the Company or any Subsidiary,
operating unit or division of the Company and/or the past or current
performance of other companies, and in the case of earnings-based measures,
may use or employ comparisons relating to capital, shareholders' equity
and/or Shares outstanding, or to assets or net assets.

         11.3 With respect to any Covered Officer, the maximum annual number
of Shares in respect of which all Performance Awards may be granted under
Section 8 of the Plan is 150,000 and the maximum annual amount of any Award
settled in cash is $1,000,000.

         11.4 To the extent necessary to comply with Section 162(m), with
respect to grants of Performance Awards, no later than 90 days following the
commencement of each performance period (or such other time as may be
required or permitted by Section 162(m) of the Code), the Committee shall,
in writing, (1) select the performance goal or goals applicable to the
performance period, (2) establish the various targets and bonus amounts
which may be earned for such performance period, and (3) specify the
relationship between performance goals and targets and the amounts to be
earned by each Covered Officer for such performance period. Following the
completion of each performance period, the Committee shall certify in
writing whether the applicable performance targets have been achieved and
the amounts, if any, payable to Covered Officers for such performance
period. In determining the amount earned by a Covered Officer for a given
performance period, subject to any applicable Award Agreement, the Committee
shall have the right to reduce (but not increase) the amount payable at a
given level of performance to take into account additional factors that the
Committee may deem relevant to the assessment of individual or corporate
performance for the performance period.

SECTION 12 TERMINATION OF EMPLOYMENT

         The Committee shall have the full power and authority to determine
the terms and conditions that shall apply to any Award upon a termination of
employment with the Company, its Subsidiaries and Affiliates, including a
termination by the Company with or without cause, by a Participant
voluntarily, or by reason of death, disability or retirement, and may
provide such terms and conditions in the Award Agreement or in such rules
and regulations as it may prescribe.

SECTION 13 CHANGE IN CONTROL

         Upon a Change in Control, all outstanding Awards shall vest, become
immediately exercisable or payable and have all restrictions lifted.

                                   - 14 -

SECTION 14 AMENDMENT AND TERMINATION

         14.1 Amendments to the Plan. The Board may amend, alter, suspend,
              ----------------------
discontinue, or terminate the Plan or any portion thereof at any time;
provided that no such amendment, alteration, suspension, discontinuation or
termination shall be made without stockholder approval if such approval is
necessary to comply with any tax or regulatory requirement for which or with
which the Board deems it necessary or desirable to comply; provided that any
such waiver, amendment, alteration, suspension, discontinuance or
termination that would adversely affect the rights of any Participants, or
any holder or beneficiary, under any Award theretofore granted, shall not to
that extent be effective without the consent of the affected Participant,
holder, or beneficiary.

         14.2 Amendments to Awards. Subject to the restrictions of Section
              --------------------
6.2, the Committee may waive any conditions or rights under, amend any terms
of, or alter, suspend, discontinue, cancel or terminate, any Award
theretofore granted, prospectively or retroactively; provided that any such
waiver, amendment, alteration, suspension, discontinuance, cancellation or
termination that would adversely affect the rights of any Participants, or
any holder or beneficiary of any Award theretofore granted, shall not to
that extent be effective without the consent of the affected Participant,
holder, or beneficiary.

         14.3 Adjustments of Awards Upon the Occurrence of Certain Unusual
              ------------------------------------------------------------
or Nonrecurring Events. The Committee is hereby authorized to make
----------------------
adjustments in the terms and conditions of, and the criteria included in,
Awards in recognition of unusual or nonrecurring events (including, without
limitation, the events described in Section 4.2 hereof) affecting the
Company, any Subsidiary or Affiliate, or the financial statements of the
Company or any Subsidiary or Affiliate, or of changes in applicable laws,
regulations, or accounting principles, whenever the Committee determines
that such adjustments are appropriate in order to prevent dilution or
enlargement of the benefits or potential benefits intended to be made
available under the Plan.

SECTION 15 GENERAL PROVISIONS

         15.1 Limited Transferability of Awards. Except as otherwise
              ---------------------------------
provided in the Plan, no Award shall be assigned, alienated, pledged,
attached, sold or otherwise transferred or encumbered by a Participant,
except by will or the laws of descent and distribution and/or as may be
provided by the Committee in its discretion, at or after grant, in the Award
Agreement. No transfer of an Award by will or by laws of descent and
distribution shall be effective to bind the Company unless the Company shall
have been furnished with written notice thereof and an authenticated copy of
the will and/or such other evidence as the Committee may deem necessary or
appropriate to establish the validity of the transfer.

         15.2 Dividend Equivalents. In the sole and complete discretion of
              --------------------
the Committee, an Award may provide the Participant with dividends or
dividend equivalents, payable in cash, Shares, other securities or other
property on a current or deferred basis. All dividend or dividend
equivalents which are not paid currently may, at the Committee's discretion,
accrue interest, be reinvested into additional Shares, or in the case of
dividends or dividend equivalents credited in connection with Performance
Awards, be credited as additional Performance Awards and paid to the
Participant if and when, and to the extent that, payment is made

                                   - 15 -

pursuant to such Award. The total number of Shares available for grant under
Section 4 shall not be reduced to reflect any dividends or dividend
equivalents that are reinvested into additional Shares or credited as
Performance Awards.

         15.3 No Rights to Awards. No Person shall have any claim to be
              -------------------
granted any Award, and there is no obligation for uniformity of treatment of
Participants or holders or beneficiaries of Awards. The terms and conditions
of Awards need not be the same with respect to each Participant.

         15.4 Share Certificates. All certificates for Shares or other
              ------------------
securities of the Company or any Subsidiary or Affiliate delivered under the
Plan pursuant to any Award or the exercise thereof shall be subject to such
stop transfer orders and other restrictions as the Committee may deem
advisable under the Plan or the rules, regulations and other requirements of
the SEC or any state securities commission or regulatory authority, any
stock exchange or other market upon which such Shares or other securities
are then listed, and any applicable Federal or state laws, and the Committee
may cause a legend or legends to be put on any such certificates to make
appropriate reference to such restrictions.

         15.5 Withholding. A Participant may be required to pay to the
              -----------
Company or any Subsidiary or Affiliate and the Company or any Subsidiary or
Affiliate shall have the right and is hereby authorized to withhold from any
Award, from any payment due or transfer made under any Award or under the
Plan, or from any compensation or other amount owing to a Participant the
amount (in cash, Shares, other securities, other Awards or other property)
of any applicable withholding or other taxes in respect of an Award, its
exercise, or any payment or transfer under an Award or under the Plan and to
take such other action as may be necessary in the opinion of the Company to
satisfy all obligations for the payment of such taxes. The Committee may
provide for additional cash payments to holders of Options to defray or
offset any tax arising from the grant, vesting, exercise or payment of any
Award.

         15.6 Award Agreements. Each Award hereunder shall be evidenced by
              ----------------
an Award Agreement that shall be delivered to the Participant and may
specify the terms and conditions of the Award and any rules applicable
thereto. In the event of a conflict between the terms of the Plan and any
Award Agreement, the terms of the Plan shall prevail.

         15.7 No Limit on Other Compensation Arrangements. Nothing contained
              -------------------------------------------
in the Plan shall prevent the Company or any Subsidiary or Affiliate from
adopting or continuing in effect other compensation arrangements, which may,
but need not, provide for the grant of Options, Restricted Shares,
Restricted Share Units, Other Stock-Based Awards or other types of Awards
provided for hereunder.

         15.8 No Right to Employment. The grant of an Award shall not be
              ----------------------
construed as giving a Participant the right to be retained in the employ of
the Company or any Subsidiary or Affiliate. Further, the Company or a
Subsidiary or Affiliate may at any time dismiss a Participant from
employment, free from any liability or any claim under the Plan, unless
otherwise expressly provided in an Award Agreement.

         15.9 No Rights as Stockholder. Subject to the provisions of the
              ------------------------
Plan and the applicable Award Agreement, no Participant or holder or
beneficiary of any Award shall have

                                   - 16 -

any rights as a stockholder with respect to any Shares to be distributed
under the Plan until such person has become a holder of such Shares.
Notwithstanding the foregoing, in connection with each grant of Restricted
Shares hereunder, the applicable Award Agreement shall specify if and to
what extent the Participant shall not be entitled to the rights of a
stockholder in respect of such Restricted Shares.

         15.10 Governing Law. The validity, construction and effect of the
               --------------
Plan and any rules and regulations relating to the Plan and any Award
Agreement shall be determined in accordance with the laws of the State of
Colorado without giving effect to conflicts of laws principles.

         15.11 Severability. If any provision of the Plan or any Award is,
               ------------
or becomes, or is deemed to be invalid, illegal, or unenforceable in any
jurisdiction or as to any Person or Award, or would disqualify the Plan or
any Award under any law deemed applicable by the Committee, such provision
shall be construed or deemed amended to conform to the applicable laws, or
if it cannot be construed or deemed amended without, in the determination of
the Committee, materially altering the intent of the Plan or the Award, such
provision shall be stricken as to such jurisdiction, Person or Award and the
remainder of the Plan and any such Award shall remain in full force and
effect.

         15.12 Other Laws. The Committee may refuse to issue or transfer
               ----------
any Shares or other consideration under an Award if, acting in its sole
discretion, it determines that the issuance or transfer of such Shares or
such other consideration might violate any applicable law or regulation
(including applicable non-U.S. laws or regulations) or entitle the Company
to recover the same under Exchange Act Section 16(b), and any payment
tendered to the Company by a Participant, other holder or beneficiary in
connection with the exercise of such Award shall be promptly refunded to the
relevant Participant, holder, or beneficiary.

         15.13 No Trust or Fund Created. Neither the Plan nor any Award
               ------------------------
shall create or be construed to create a trust or separate fund of any kind
or a fiduciary relationship between the Company or any Subsidiary or
Affiliate and a Participant or any other Person. To the extent that any
Person acquires a right to receive payments from the Company or any
Subsidiary or Affiliate pursuant to an Award, such right shall be no greater
than the right of any unsecured general creditor of the Company or any
Subsidiary or Affiliate.

         15.14 No Fractional Shares. No fractional Shares shall be issued or
               --------------------
delivered pursuant to the Plan or any Award, and the Committee shall
determine whether cash, other securities, or other property shall be paid or
transferred in lieu of any fractional Shares or whether such fractional
Shares or any rights thereto shall be canceled, terminated or otherwise
eliminated.

         15.15 Headings. Headings are given to the sections and subsections
               --------
of the Plan solely as a convenience to facilitate reference. Such headings
shall not be deemed in any way material or relevant to the construction or
interpretation of the Plan or any provision thereof.

SECTION 16 TERM OF THE PLAN

         16.1 Effective Date. The Plan shall be effective as of May 1, 2001
              --------------
provided it has been approved by the Board and by the Company's
stockholders.

                                   - 17 -

         16.2 Expiration Date. No new Awards shall be granted under the Plan
              ---------------
after the tenth (10th) anniversary of the Effective Date. Unless otherwise
expressly provided in the Plan or in an applicable Award Agreement, any
Award granted hereunder may, and the authority of the Board or the Committee
to amend, alter, adjust, suspend, discontinue, or terminate any such Award
or to waive any conditions or rights under any such Award shall, continue
after the tenth (10th) anniversary of the Effective Date.

                                   - 18 -
\<PAGE>

                                                                 Exhibit 4.2

                                CENVEO, INC.
                    2001 LONG-TERM EQUITY INCENTIVE PLAN

                                   FORM OF
                      INCENTIVE STOCK OPTION AGREEMENT

         This Incentive Stock Option Agreement ("Option Agreement") is
between Cenveo, Inc., a Colorado corporation (the "Company"), and <<Name>>
(the "Optionee").

                            W I T N E S S E T H:
                            -------------------

         WHEREAS, the Company has heretofore adopted the Cenveo, Inc. 2001
Long-Term Equity Incentive Plan, as amended (the "Plan"), for the purpose of
providing employees and directors of the Company and its Affiliates (as
defined in the Plan) with additional incentive to promote the success of the
business, to increase their proprietary interest in the success of the
Company, and to encourage them to remain in the employ or remain as a
director of the Company and its Affiliates; and

         WHEREAS, the Company, acting through the Compensation Committee of
its Board of Directors (the "Committee"), has determined that its interests
will be advanced by the issuance to Optionee of an incentive stock option
under the Plan;

         NOW THEREFORE, for and in consideration of these premises it is
agreed as follows:

         1. Option. Subject to the terms and conditions contained herein,
            ------
the Company hereby irrevocably grants to Optionee the right and option
("Option") to purchase from the Company <<Shares>> shares of the Company's
common stock, $0.01 par value ("Common Stock"), at a price of
<<PurchasePrice>> per share (the "Option Price").

         2. Option Period. The Option herein granted may be exercised by
            -------------
Optionee in whole or in part at any time during a seven (7) year period
beginning on <<EffectiveDate>> ("Option Period"), subject to the limitation
that said Option shall not be exercisable for more than a percentage of the
aggregate number of shares offered by this option determined by the number
of full or half years of employment with the Company or its Affiliates from
the effective date of the Optionee's grant, to the date of such exercise, in
accordance with the following schedule:

             Number                            Percentage of
            of Years                         Shares Purchasable
            --------                         ------------------

                1                                   20%
                2                                   40%
                3                                   60%
                4                                   80%
                5                                   100%

Notwithstanding anything in this Agreement to the contrary, the Committee,
in its sole discretion may waive the foregoing schedule of vesting and upon
written notice to the Optionee, accelerate the earliest date or date on
which any of the Options granted hereunder are exercisable.

         3. Procedure for Exercise. The Option herein granted may be
            ----------------------
exercised by written notice by Optionee to the Secretary of the Company
setting forth the number of shares of Common Stock with respect to which the
Option is to be exercised accompanied by payment for the shares to be
purchased, and specifying the address to which the certificate for such
shares is to be mailed. Payment shall be by means of cash, or a cashier's
check, bank draft, postal or express money order payable to the order of the
Company, or at the option of the Optionee, in Common Stock theretofore owned
by such Optionee (or a combination of cash and Common Stock). As promptly as
practicable after receipt of such written notification and payment, the
Company shall deliver to Optionee certificates for the number of shares of
Common Stock with respect to which such Option has been so exercised.

         4. Termination of Employment. If Optionee's employment with the
            -------------------------
Company or its Affiliates is terminated during the Option Period for any
reason, Options granted to him or her which are not exercisable on such date
thereupon terminate. Subject to paragraphs 5 and 10 below, any Options that
are exercisable on the date of his or her termination of employment which
have not been exercised within ninety (90) days of such termination shall
expire and be of no force or effect.

         5. Retirement, Disability or Death. If Optionee's employment with
            -------------------------------
the Company or its Affiliates is terminated by his or her retirement,
disability or death, all Options hereunder exercisable at the date of such
retirement, disability or death shall be thereafter exercisable by Optionee,
his or her executor or administrator, or the person or persons to whom his
or her rights under this Option Agreement shall pass by will or by the laws
of descent and distribution, as the case may be, for a period of three (3)
years from the date of Optionee's retirement, disability or death, unless
this Option Agreement should earlier terminate in accordance with its other
terms. In no event may any Option be exercised after the end of the Option
Period. Optionee shall be deemed to be disabled if, in the option of a
physician selected by the Committee, he or she is incapable of performing
services for the Company by reason of any medically determinable physical or
mental impairment which can be expected to result in death or to be of long,
continued and indefinite duration. Retirement means Optionee has: (1)
reached age 65 and completed five (5) years of service with the Company; (2)
with the consent of the Committee, completed five (5) years of service with
the Company, prior to age 65 but after reaching age 60; or (3) in such other
circumstances as may be determined by the Committee in its sole discretion
and judgment. Such determination of the Committee shall be final and binding
on the Company, the Optionee, and his or her heirs or representatives.

         6. Transferability. This Option shall not be transferable by
            ---------------
Optionee otherwise than by Optionee's will or by the laws of descent and
distribution. During the lifetime of Optionee, the Option shall be
exercisable only by Optionee. Any heir or legatee of Optionee shall take
rights herein granted subject to the terms and conditions hereof. No such
transfer of this Option Agreement to heirs or legatees of Optionee shall be
effective to bind the Company unless the Company shall have been furnished
with written notice thereof and a copy of such evidence as

                                   - 2 -

the Committee may deem necessary to establish the validity of the transfer
and the acceptance by the transferee or transferees of the terms and
conditions hereof.

         7. No Rights as Stockholder. Optionee shall have no rights as a
            ------------------------
stockholder with respect to any shares of Common Stock covered by this
Option Agreement until the date of issuance of a certificate for shares of
Common Stock purchased pursuant to this Option Agreement. Until such time,
Optionee shall not be entitled to dividends or to vote at meetings of the
stockholders of the Company. Except as provided in paragraph 9 hereof, no
adjustment shall be made for dividends (ordinary or extraordinary, whether
in cash or securities or other property) paid or distributions or other
rights granted in respect of any share of Common Stock for which the record
date for such payment, distribution or grant is prior to the date upon which
the Optionee shall have been issued share certificates, as provided
hereinabove.

         8. Extraordinary Corporate Transactions. If the Company
            ------------------------------------
recapitalizes or otherwise changes its capital structure, or merges,
consolidates, sells all of its assets or dissolves (each of the foregoing a
"Fundamental Change"), then thereafter upon any exercise of an Option
theretofore granted the Optionee shall be entitled to purchase under such
Option, in lieu of the number of shares of Common Stock as to which Option
shall then be exercisable, the number and class of shares of stock and
securities to which the Optionee would have been entitled pursuant to the
terms of the Fundamental Change if, immediately prior to such Fundamental
Change, the Optionee had been the holder of record of the number of shares
of Common Stock as to which such Option is then exercisable.

         9. Changes in Capital Structure. The existence of outstanding
            ----------------------------
Options shall not affect in any way the right or power of the Company or its
shareholders to make or authorize any or all adjustments, recapitalizations,
reorganizations or other changes in the Company's capital structure or its
business, or any merger or consolidation of the Company, or any issuance of
Common Stock or subscription rights thereto, or any issuance of bonds,
debentures, preferred or prior preference stock ahead of or affecting the
Common Stock or the rights thereof, or the dissolution or liquidation of the
Company, or any sale or transfer of all or any part of its assets or
business, or any other corporate act or proceedings, whether of a similar
character or otherwise. If the outstanding shares of Common Stock of the
Company shall at any time be changed or exchanged by declaration of a stock
dividend, stock split, combination of shares, or recapitalization, the
number and kind of shares subject to the Plan or subject to any Options
theretofore granted, and the Option Price and the prices at which portions
of the Option may be exercisable on an accelerated basis as set forth in
Section 2, shall be appropriately and equitably adjusted so as to maintain
the proportionate number of shares without changing the aggregate Option
Price.

         10. Change of Control. In the event that there is a proposed Change
             -----------------
of Control Event (as defined below) the Option shall become immediately
exercisable notwithstanding the provisions of Section 2, Optionee hereunder
shall be given reasonable notice of such Change of Control Event and shall
have a period of at least thirty (30) days thereafter to exercise the
Options.

         As used herein, the term "Change of Control Event" shall mean the
occurrence with respect to the Company of any of the following events:

                                   - 3 -

         (a) a report on Schedule 13D is filed with the Securities and
         Exchange Commission pursuant to Section 13(d) of the Securities
         Exchange Act of 1934, as amended (the "Exchange Act"), disclosing
         that any person, entity or group (within the meaning of Section
         13(d) or 14(d) of the Exchange Act), other than (i) the Company (or
         one of its subsidiaries) or (ii) any employee benefit plan
         sponsored by the Company (or one of its subsidiaries), is the
         beneficial owner (as such term is defined in Rule 13d-3 promulgated
         under the Exchange Act), directly or indirectly, of 50% or more of
         the outstanding shares of Common Stock or 50% or more of the
         combined voting power of the then outstanding securities of the
         Company (as determined under paragraph (d) of Rule 13d-3
         promulgated under the Exchange Act, in the case of rights to
         acquire common stock or other securities);

         (b) an event of a nature that would be required to be reported in
         response to Item 1(a) of the Current Report on Form 8-K, as in
         effect on the date hereof, pursuant to Section 13 or 15(d) of the
         Exchange Act or would have been required to be so reported but for
         the fact that such event had been "previously reported" as that
         term is defined in Rule 12b-2 promulgated under the Exchange Act;

         (c) any person, entity or group (within the meaning of Section
         13(d) or 14(d) of the Exchange Act), other than (i) the Company (or
         one of its subsidiaries) or (ii) any employee benefit plan
         sponsored by the Company (or one of its subsidiaries), shall become
         the beneficial owner (as such term is defined in Rule 13d-3
         promulgated under the Exchange Act), directly or indirectly, of 50%
         or more of the outstanding shares of Common Stock or 50% or more of
         the combined voting power of the then outstanding securities of the
         Company (as determined under paragraph (d) of Rule 13d-3
         promulgated under the Exchange Act, in the case of rights to
         acquire common stock or other securities);

         (d) the stockholders of the Company shall approve any liquidation
         or dissolution of the Company;

         (e) the stockholders of the Company shall approve a merger,
         consolidation, reorganization, recapitalization, exchange offer,
         acquisition or disposition of assets or other transaction after the
         consummation of which any person, entity or group (within the
         meaning of Section 13(d) or 14(d) of the Exchange Act) would become
         the beneficial owner (as such term is defined in Rule 13d-3
         promulgated under the Exchange Act), directly or indirectly, of 50%
         or more of the outstanding shares of Common Stock or 50% or more of
         the combined voting power of the then outstanding securities of the
         Company (as determined under paragraph (d) of Rule 13d-3
         promulgated under the Exchange Act, in the case of rights to
         acquire common stock or other securities);

         (f) individuals who constitute the Board on the date hereof
         ("Incumbent Board") cease for any reason to constitute at least a
         majority thereof, provided that any person becoming a director
         subsequent to the date hereof whose election, or nomination for
         election by the Company's stockholders, was approved by a vote of
         at least two-thirds of the directors comprising the remaining
         members of the Incumbent Board (either by a specific vote or by
         approval of the proxy statement of the Company in which such person

                                   - 4 -

         is named as a nominee for director, without objection to such
         nomination) shall be, for purposes of this clause (f), considered
         as though such person were a member of the Incumbent Board; or

         (g) a recapitalization or other transaction or series of related
         transactions occurs which results in a decrease by 50% or more in
         the aggregate percentage ownership of the then outstanding Common
         Stock or 50% or more in the combined voting power of the
         outstanding securities of the Company held by the stockholders of
         the Company immediately prior to giving effect thereto (on a
         primary basis or on a fully diluted basis after giving effect to
         the exercise of stock options and warrants).

         11. Compliance With Securities Laws. Upon the acquisition of any
             -------------------------------
shares pursuant to the exercise of the Option herein granted, Optionee (or
any person acting under paragraph 6) will enter into such written
representations, warranties and agreements as the Company may reasonably
request in order to comply with applicable securities laws or with this
Option Agreement.

         12. Compliance With Laws. Notwithstanding any of the other
             --------------------
provisions hereof, Optionee agrees that he or she will not exercise the
Option(s) granted hereby, and that the Company will not be obligated to
issue any shares pursuant to this Option Agreement, if the exercise of the
Option(s) or the issuance of such shares of Common Stock would constitute a
violation by the Optionee or by the Company of any provision of any law or
regulation of any governmental authority.

         13. Withholding of Tax. To the extent that the exercise of this
             ------------------
Option or the disposition of shares of Common Stock acquired by exercise of
this Option results in compensation income to the Optionee for federal or
state income tax purposes, the Optionee shall pay to the Company at the time
of such exercise or disposition (or such other time as the law permits if
the Optionee is subject to Section 16(b) of the Exchange Act) such amount of
money as the Company may require to meet its obligation under applicable tax
laws or regulations; and, if the Optionee fails to do so, the Company is
authorized to withhold from any cash remuneration then or thereafter payable
to the Optionee, any tax required to be withheld by reason of such resulting
compensation income or Company may otherwise refuse to issue or transfer any
shares otherwise required to be issued or transferred pursuant to the terms
hereof.

         14. Resolution of Disputes. As a condition of the granting of the
             ----------------------
Option hereby, the Optionee and his or her heirs and successors agree that
any dispute or disagreement which may arise hereunder shall be determined by
the Committee in its sole discretion and judgment, and that any such
determination and any interpretation by the Committee of the terms of this
Option Agreement shall be final and shall be binding and conclusive, for all
purposes, upon the Company, Optionee, his or her heirs and personal
representatives.

         15. Legends on Certificate. The certificates representing the
             ----------------------
shares of Common Stock purchased by exercise of an Option will be stamped or
otherwise imprinted with legends in such form as the Company or its counsel
may require with respect to any applicable restrictions on sale or transfer
and the stock transfer records of the Company will reflect stop-transfer
instructions with respect to such shares.

                                   - 5 -

         16. Forfeiture. If Optionee's employment is terminated For Cause
             ----------
(as defined below), or if Optionee shall, upon separation from employment
for any reason, accept employment with, consult for or acquire an ownership
interest in, an envelope manufacturing company, a printing company, (or any
other business which is in direct competition with the Company), doing
business within a 300 mile radius of any Company (or subsidiary) facility in
the U.S., Canada, or any other country where the Company is doing business
at that time, at any time within one (1) year after the date of Optionee's
separation from employment, Optionee agrees that (i) all unexercised Options
shall terminate, (ii) the Company shall have the right to repurchase any or
all shares of Common Stock received upon the exercise of Options and which
were then held by Optionee for an amount equal to the Option Price times the
number of shares of Common Stock so repurchased and (iii) the Optionee shall
pay to the Company the amount by which the proceeds from any sale of the
Common Stock received upon exercise of Options exceeded the Option Price of
such Common Stock sold. "For Cause" shall mean (i) gross disregard of the
Company's best interest, (ii) misappropriation or embezzlement of corporate
funds or other property (iii) conviction of a felony involving moral
turpitude or which in the opinion of the Committee brings Optionee into
disrepute or causes harm to the Company's business, customer relations,
financial condition or prospects, or (iv) violation of any statutory or
common law duty of loyalty to the Company. Nothing herein shall prohibit
Optionee from being a passive owner of not more than 5% of the outstanding
stock of any class of securities of a competitive operation, which is
publicly traded, so long as Optionee has no active participation in the
business of such competitive operation.

         17. Notices. Every notice hereunder shall be in writing and shall
             -------
be given by registered or certified mail. All notices of the exercise of any
Option hereunder shall be directed to Cenveo, Inc. 8310 South Valley
Highway, #400, Englewood, Colorado 80112, Attention: Secretary. Any notice
given by the Company to Optionee directed to him at his or her address on
file with the Company shall be effective to bind him and any other person
who shall acquire rights hereunder. The Company shall be under no obligation
whatsoever to advise Optionee of the existence, maturity or termination of
any of Optionee's rights hereunder and Optionee shall be deemed to have
familiarized himself with all matters contained herein and in the Plan which
may affect any of Optionee's rights or privileges hereunder.

         18. Construction and Interpretation. Whenever the term "Optionee"
             -------------------------------
is used herein under circumstances applicable to any other person or persons
to whom this award, in accordance with the provisions of paragraph 6 hereof,
may be transferred, the word "Optionee" shall be deemed to include such
person or persons. References to the masculine gender herein also include
the feminine gender for all purposes.

         19. Agreement Subject to Plan. This Option Agreement is subject to
             -------------------------
the Plan. The terms and provisions of the Plan (including any subsequent
amendments thereto) are hereby incorporated herein by reference thereto. In
the event of a conflict between any term or provision contained herein and a
term or provision of the Plan, the applicable terms and provisions of the
Plan will govern and prevail. All definitions of words and terms contained
in the Plan shall be applicable to this Option Agreement.

         20. Employment Relationship. Optionees shall be considered to be in
             -----------------------
the employment of the Company as long as they remain employees of the
Company or a parent or

                                   - 6 -

subsidiary corporation (as defined in Section 424 of the Internal Revenue
Code of 1986, as amended). Any questions as to whether and when there has
been a termination of such employment and the cause of such termination,
shall be determined by the Committee, and its determination shall be final.
Nothing contained herein shall be construed as conferring upon the Optionee
the right to continue in the employ of the Company, nor shall anything
contained herein be construed or interpreted to limit the "employment at
will" relationship between the Optionee and the Company.

         21. Binding Effect. This Option Agreement shall be binding upon and
             --------------
inure to the benefit of any successors to the Company and all persons
lawfully claiming under Optionee.

         IN WITNESS WHEREOF, this Option Agreement has been executed as of
the        day of            2004.
    ------        ----------
                                          CENVEO, INC.

ATTEST:                                   By:
                                              -------------------------------
                                                Paul V. Reilly
                                          Its:  Chairman, President and CEO

------------------------------
Mark L. Zoeller
Vice President-General Counsel            OPTIONEE
  and Secretary

                                          -----------------------------------
                                                <<Name>>

                                   - 7 -

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