Document:

<PAGE>

                                  iPRINT, INC.

                    2000 OUTSIDE DIRECTORS STOCK OPTION PLAN

       1.     ESTABLISHMENT, PURPOSE AND TERM OF PLAN.

              1.1    ESTABLISHMENT. The iPrint, Inc. 2000 Outside Directors
Stock Option Plan (the "PLAN") is hereby established effective as of the
effective date of the initial registration by the Company of its Stock under
Section 12 of the Exchange Act (the "EFFECTIVE DATE").

              1.2    PURPOSE. The purpose of the Plan is to advance the
interests of the Participating Company Group and its shareholders by providing
an incentive to attract and retain highly qualified persons to serve as Outside
Directors of the Company and by creating additional incentive for Outside
Directors to promote the growth and profitability of the Participating Company
Group.

              1.3    TERM OF PLAN. The Plan shall continue in effect until the
earlier of its termination by the Board or the date on which all of the shares
of Stock available for issuance under the Plan have been issued and all
restrictions on such shares under the terms of the Plan and the agreements
evidencing Options granted under the Plan have lapsed.

       2.     DEFINITIONS AND CONSTRUCTION.

              2.1    DEFINITIONS. Whenever used herein, the following terms
shall have their respective meanings set forth below:

                     (a)    "BOARD" means the Board of Directors of the Company.
If one or more Committees have been appointed by the Board to administer the
Plan, "Board" also means such Committee(s).

                     (b)    "CODE" means the Internal Revenue Code of 1986, as
amended, and any applicable regulations promulgated thereunder.

                     (c)    "COMMITTEE" means a committee of the Board duly
appointed to administer the Plan and having such powers as shall be specified by
the Board. Unless the powers of the Committee have been specifically limited,
the Committee shall have all of the powers of the Board granted herein,
including, without limitation, the power to amend or terminate the Plan at any
time, subject to the terms of the Plan and any applicable limitations imposed by
law.

                     (d)    "COMPANY" means iPrint, Inc., a California
corporation, or any successor corporation thereto.

                     (e)    "CONSULTANT" means any person, including an advisor,
engaged by a Participating Company to render services other than as an Employee
or a Director.

                                       1

<PAGE>
                     (f)    "DIRECTOR" means a member of the Board or the board
of directors of any other Participating Company.

                     (g)    "EMPLOYEE" means any person treated as an employee
(including an officer or a Director who is also treated as an employee) in the
records of a Participating Company; provided, however, that neither service as a
Director nor payment of a director's fee shall be sufficient to constitute
employment for purposes of the Plan.

                     (h)    "EXCHANGE ACT" means the Securities Exchange Act of
1934, as amended.

                     (i)    "FAIR MARKET VALUE" means, as of any date, the value
of a share of Stock or other property as determined by the Board, in its sole
discretion, or by the Company, in its sole discretion, if such determination is
expressly allocated to the Company herein, subject to the following:

                            (i)    If, on such date, there is a public market
for the Stock, the Fair Market Value of a share of Stock shall be the closing
sale price of a share of Stock (or the mean of the closing bid and asked prices
of a share of Stock if the Stock is so quoted instead) as quoted on the Nasdaq
National Market, the Nasdaq Small-Cap Market or such other national or regional
securities exchange or market system constituting the primary market for the
Stock, as reported in the WALL STREET JOURNAL or such other source as the
Company deems reliable. If the relevant date does not fall on a day on which the
Stock has traded on such securities exchange or market system, the date on which
the Fair Market Value shall be established shall be the last day on which the
Stock was so traded prior to the relevant date, or such other appropriate day as
shall be determined by the Board, in its sole discretion.

                            (ii)   If, on such date, there is no public market
for the Stock, the Fair Market Value of a share of Stock shall be as determined
by the Board without regard to any restriction other than a restriction which,
by its terms, will never lapse.

                     (j)    "OPTION" means a right to purchase Stock (subject to
adjustment as provided in Section 4.2) pursuant to the terms and conditions of
the Plan.

                     (k)    "OPTIONEE" means a person who has been granted one
or more Options.

                     (l)    "OPTION AGREEMENT" means a written agreement between
the Company and an Optionee setting forth the terms, conditions and restrictions
of the Option granted to the Optionee.

                     (m)    "OUTSIDE DIRECTOR" means a Director of the Company
who is not an Employee.

                     (n)    "PARENT CORPORATION" means any present or future
"parent corporation" of the Company, as defined in Section 424(e) of the Code.

                                       2

<PAGE>
                     (o)    "PARTICIPATING COMPANY" means the Company or any
Parent Corporation or Subsidiary Corporation.

                     (p)    "PARTICIPATING COMPANY GROUP" means, at any point in
time, all corporations collectively which are then Participating Companies.

                     (q)    "SERVICE" means the Optionee's service with the
Participating Company Group, whether in the capacity of an Employee, a Director
or a Consultant. The Optionee's Service shall not be deemed to have terminated
merely because of a change in the capacity in which the Optionee renders Service
to the Participating Company Group or a change in the Participating Company for
which the Optionee renders such Service, provided that there is no interruption
or termination of the Optionee's Service. The Optionee's Service shall be deemed
to have terminated either upon an actual termination of Service or upon the
corporation for which the Optionee performs Service ceasing to be a
Participating Company.

                     (r)    "STOCK" means the common stock of the Company, as
adjusted from time to time in accordance with Section 4.2.

                     (s)    "SUBSIDIARY CORPORATION" means any present or future
"subsidiary corporation" of the Company, as defined in Section 424(f) of the
Code.

              2.2    CONSTRUCTION. Captions and titles contained herein are for
convenience only and shall not affect the meaning or interpretation of any
provision of the Plan. Except when otherwise indicated by the context, the
singular shall include the plural, the plural shall include the singular, and
use of the term "or" shall include the conjunctive as well as the disjunctive.

       3.     ADMINISTRATION. The Plan shall be administered by the Board. All
questions of interpretation of the Plan or of any Option shall be determined by
the Board, and such determinations shall be final and binding upon all persons
having an interest in the Plan or such Option. Any officer of a Participating
Company shall have the authority to act on behalf of the Company with respect to
any matter, right, obligation, determination or election which is the
responsibility of or which is allocated to the Company herein, provided the
officer has apparent authority with respect to such matter, right, obligation,
determination or election.

       4.     SHARES SUBJECT TO PLAN.

              4.1    MAXIMUM NUMBER OF SHARES ISSUABLE. Subject to adjustment as
provided in Section 4.2, the maximum aggregate number of shares of Stock that
may be issued under the Plan shall be three hundred thousand (300,000),
cumulatively increased on January 1, 2001 and each January 1 thereafter by
70,000 shares, and shall consist of authorized but unissued or reacquired shares
of Stock or any combination thereof. If an outstanding Option for any reason
expires or is terminated or canceled or shares of Stock acquired, subject to
repurchase, upon the exercise of an Option are repurchased by the Company, the
shares of Stock allocable to the unexercised portion of such Option, or such
repurchased shares of Stock, shall again be available for issuance under the
Plan.

                                       3

<PAGE>
              4.2    ADJUSTMENTS FOR CHANGES IN CAPITAL STRUCTURE. In the event
of any stock dividend, stock split, reverse stock split, recapitalization,
combination, reclassification or similar change in the capital structure of the
Company, appropriate adjustments shall be made in the number and class of shares
subject to the Plan, to the "Initial Option" and "Annual Option" (as defined in
Section 6.1), and to any outstanding Options, and in the exercise price of any
outstanding Options. If a majority of the shares which are of the same class as
the shares that are subject to outstanding Options are exchanged for, converted
into, or otherwise become (whether or not pursuant to an "Ownership Change
Event" as defined in Section 8.1) shares of another corporation (the "NEW
Shares"), the Board may unilaterally amend the outstanding Options to provide
that such Options are exercisable for New Shares. In the event of any such
amendment, the number of shares subject to, and the exercise price of, the
outstanding Options shall be adjusted in a fair and equitable manner as
determined by the Board, in its sole discretion. Notwithstanding the foregoing,
any fractional share resulting from an adjustment pursuant to this Section 4.2
shall be rounded down to the nearest whole number, and in no event may the
exercise price of any Option be decreased to an amount less than the par value,
if any, of the stock subject to the Option.

       5.     ELIGIBILITY AND TYPE OF OPTIONS.

              5.1    PERSONS ELIGIBLE FOR OPTIONS. An Option shall be granted
only to a person who, at the time of grant, is an Outside Director.

              5.2    OPTIONS AUTHORIZED. Options shall be nonstatutory stock
options; that is, options which are not treated as incentive stock options
within the meaning of Section 422(b) of the Code.

       6.     TERMS AND CONDITIONS OF OPTIONS. Options shall be evidenced by
Option Agreements specifying the number of shares of Stock covered thereby, in
such form as the Board shall from time to time establish. Option Agreements may
incorporate all or any of the terms of the Plan by reference and shall comply
with and be subject to the following terms and conditions:

              6.1    AUTOMATIC GRANT OF OPTIONS. Subject to execution by an
Outside Director of the appropriate Option Agreement, Options shall be granted
automatically and without further action of the Board, as follows:

                     (a)    INITIAL OPTION. Each person who is (i) serving as an
Outside Director on the Effective Date, or (ii) first elected or appointed as an
Outside Director after the Effective Date shall be granted an Option to purchase
thirty thousand (30,000) shares of Stock on the Effective Date or the date of
such initial election or appointment, respectively (an "INITIAL OPTION").
Notwithstanding anything herein to the contrary, an Initial Option shall not be
granted to a Director of the Company who previously did not qualify as an
Outside Director but subsequently becomes an Outside Director as a result of the
termination of his or her status as an Employee.

                                       4

<PAGE>
                     (b)    ANNUAL OPTION. Each Outside Director (including any
Director who previously did not qualify as an Outside Director but who
subsequently becomes an Outside Director) shall be granted an Option to purchase
five thousand (5,000) shares of Stock (an "Annual Option") on the date of each
annual meeting of the shareholders, provided that the person remains an Outside
Director immediately following such meeting and has served as a member of the
Board at least six (6) months prior to such date.

                     (c)    RIGHT TO DECLINE OPTION. Notwithstanding the
foregoing, any person may elect not to receive an Option by delivering written
notice of such election to the Board no later than the day prior to the date
such Option would otherwise be granted. A person so declining an Option shall
receive no payment or other consideration in lieu of such declined Option. A
person who has declined an Option may revoke such election by delivering written
notice of such revocation to the Board no later than the day prior to the date
such Option would be granted pursuant to Section 6.1(a) or (b), as the case may
be.

              6.2    EXERCISE PRICE. The exercise price per share of Stock
subject to an Option shall be the Fair Market Value of a share of Stock on the
date the Option is granted.

              6.3    EXERCISE PERIOD. Each Option shall terminate and cease to
be exercisable on the date ten (10) years after the date of grant of the Option
unless earlier terminated pursuant to the terms of the Plan or the Option
Agreement.

              6.4    RIGHT TO EXERCISE OPTIONS.

                     (a)    INITIAL OPTIONS. Except as otherwise provided in the
Plan or in the Option Agreement, an Initial Option shall (i) first become
exercisable on the date which is one (1) year after the date on which the
Initial Option was granted (the "INITIAL OPTION VESTING DATE"); and (ii) be
exercisable on and after the Initial Option Vesting Date and prior to the
termination thereof in an amount equal to the number of shares of Stock
initially subject to the Initial Option multiplied by the Vested Ratio as set
forth below, less the number of shares previously acquired upon exercise
thereof. The Vested Ratio described in the preceding sentence shall be
determined as follows:
<TABLE>
<CAPTION>
                                                                                        Vested Ratio
                                                                                        ------------
         <S>                                                                            <C>
         Prior to Initial Option Vesting Date                                                   0

         On Initial Option Vesting Date, provided the Optionee's                              1/3
         Service has not terminated prior to such date

         PLUS

         For each full month of the Optionee's continuous                                    1/36
         Service from the Initial Option Vesting Date until the
         Vested Ratio equals 1/1, an additional
</TABLE>

                                       5

<PAGE>
                     (b)    ANNUAL OPTIONS. Except as otherwise provided in the
Plan or in the Option Agreement, an Annual Option shall (i) first become
exercisable on the date which is one (1) month after the date on which the
Annual Option was granted (the "ANNUAL OPTION VESTING DATE"); and (ii) be
exercisable on and after the Annual Option Vesting Date and prior to the
termination thereof in an amount equal to the number of shares of Stock
initially subject to the Annual Option multiplied by the Vested Ratio as set
forth below, less the number of shares previously acquired upon exercise
thereof. The Vested Ratio described in the preceding sentence shall be
determined as follows:
<TABLE>
<CAPTION>
                                                                                        Vested Ratio
                                                                                        ------------
<S>                                                                                     <C>
         Prior to Annual Option Vesting Date                                                    0

         On Annual Option Vesting Date, provided                                             1/12
         the Optionee's Service is continuous from the date
         of grant of the Annual Option until the
         Annual Option Vesting Date

         PLUS

         For each full month of the Optionee's continuous                                    1/12
         Service from the Annual Option Vesting Date
         until the Vested Ratio equals 1/1, an additional
</TABLE>

              6.5    PAYMENT OF EXERCISE PRICE.

                     (a)    FORMS OF CONSIDERATION AUTHORIZED. Except as
otherwise provided below, payment of the exercise price for the number of shares
of Stock being purchased pursuant to any Option shall be made (i) in cash, by
check, or cash equivalent, (ii) by tender to the Company of shares of Stock
owned by the Optionee having a Fair Market Value not less than the exercise
price, (iii) by the assignment of the proceeds of a sale or loan with respect to
some or all of the shares being acquired upon the exercise of the Option
(including, without limitation, through an exercise complying with the
provisions of Regulation T as promulgated from time to time by the Board of
Governors of the Federal Reserve System) (a "CASHLESS EXERCISE"), or (iv) by any
combination thereof.

                     (b)    TENDER OF STOCK. Notwithstanding the foregoing, an
Option may not be exercised by tender to the Company of shares of Stock to the
extent such tender of Stock would constitute a violation of the provisions of
any law, regulation or agreement restricting the redemption of the Company's
stock. Unless otherwise provided by the Board, an Option may not be exercised by
tender to the Company of shares of Stock unless such shares either have been
owned by the Optionee for more than six (6) months or were not acquired,
directly or indirectly, from the Company.

                     (c)    CASHLESS EXERCISE. The Company reserves, at any and
all times, the right, in the Company's sole and absolute discretion, to
establish, decline to approve or

                                       6

<PAGE>
terminate any program or procedures for the exercise of Options by means
of a Cashless Exercise.

              6.6    TAX WITHHOLDING. The Company shall have the right, but not
the obligation, to deduct from the shares of Stock issuable upon the exercise of
an Option, or to accept from the Optionee the tender of, a number of whole
shares of Stock having a Fair Market Value equal to all or any part of the
federal, state, local and foreign taxes, if any, required by law to be withheld
by the Participating Company Group with respect to such Option or the shares
acquired upon exercise thereof. Alternatively or in addition, in its sole
discretion, the Company shall have the right to require the Optionee to make
adequate provision for any such tax withholding obligations of the Participating
Company Group arising in connection with the Option or the shares acquired upon
exercise thereof. The Company shall have no obligation to deliver shares of
Stock until the Participating Company Group's tax withholding obligations have
been satisfied.

       7.     STANDARD FORM OF OPTION AGREEMENT.

              7.1    GENERAL. Each Option shall comply with and be subject to
the terms and conditions set forth in the appropriate form of Nonstatutory Stock
Option Agreement adopted by the Board concurrently with its adoption of the Plan
and as amended from time to time.

              7.2    AUTHORITY TO VARY TERMS. The Board shall have the authority
from time to time to vary the terms of any of the standard forms of Option
Agreement described in this Section 7 either in connection with the grant or
amendment of an individual Option or in connection with the authorization of a
new standard form or forms; provided, however, that the terms and conditions of
any such new, revised or amended standard form or forms of Option Agreement are
not inconsistent with the terms of the Plan.

       8.     CHANGE IN CONTROL.

              8.1    DEFINITIONS.

                     (a)    An "OWNERSHIP CHANGE EVENT" shall be deemed to have
occurred if any of the following occurs with respect to the Company:

                            (i)    the direct or indirect sale or exchange in a
single or series of related transactions by the shareholders of the Company of
more than fifty percent (50%) of the voting stock of the Company;

                            (ii)   a merger or consolidation in which the
Company is a party;

                            (iii)  the sale, exchange, or change in all or
substantially all of the assets of the Company; or

                            (iv)   a liquidation or dissolution of the Company.

                                       7

<PAGE>
                     (b)    A "CHANGE IN CONTROL" shall mean an Ownership Change
Event or a series of related Ownership Change Events (collectively, the
"TRANSACTION") wherein the shareholders of the Company immediately before the
Transaction do not retain immediately after the Transaction, in substantially
the same proportions as their ownership of shares of the Company's voting stock
immediately before the Transaction, direct or indirect beneficial ownership of
more than fifty percent (50%) of the total combined voting power of the
outstanding voting stock of the Company or the corporation or corporations to
which the assets of the Company were transferred (the "TRANSFEREE
CORPORATION(S)"), as the case may be. For purposes of the preceding sentence,
indirect beneficial ownership shall include, without limitation, an interest
resulting from ownership of the voting stock of one or more corporations which,
as a result of the Transaction, own the Company or the Transferee
Corporation(s), as the case may be, either directly or through one or more
subsidiary corporations. The Board shall have the right to determine whether
multiple sales or exchanges of the voting stock of the Company or multiple
Ownership Change Events are related, and its determination shall be final,
binding and conclusive.

              8.2    EFFECT OF CHANGE IN CONTROL ON OPTIONS. In the event of a
Change in Control, any unexercisable or unvested portion of the outstanding
Options shall be immediately exercisable and vested in full as of the date ten
(10) days prior to the date of the Change in Control. The exercise or vesting of
any Option that was permissible solely by reason of this Section 8.2 shall be
conditioned upon the consummation of the Change in Control. In addition, the
surviving, continuing, successor, or purchasing corporation or parent
corporation thereof, as the case may be (the "ACQUIRING CORPORATION"), may
either assume the Company's rights and obligations under outstanding Options or
substitute for outstanding Options substantially equivalent options for the
Acquiring Corporation's stock. For purposes of this Section 8.2, an Option shall
be deemed assumed if, following the Change in Control, the Option confers the
right to purchase in accordance with its terms and conditions, for each share of
Stock subject to the Option immediately prior to the Change in Control, the
consideration (whether stock, cash or other securities or property) to which a
holder of a share of Stock on the effective date of the Change in Control was
entitled. Any Options which are neither assumed or substituted for by the
Acquiring Corporation in connection with the Change in Control nor exercised as
of the date of the Change in Control shall terminate and cease to be outstanding
effective as of the date of the Change in Control. Notwithstanding the
foregoing, shares acquired upon exercise of an Option prior to the Change in
Control and any consideration received pursuant to the Change in Control with
respect to such shares shall continue to be subject to all applicable provisions
of the Option Agreement evidencing such Option except as otherwise provided in
such Option Agreement. Furthermore, notwithstanding the foregoing, if the
corporation the stock of which is subject to the outstanding Options immediately
prior to an Ownership Change Event described in Section 8.1(a)(i) constituting a
Change in Control is the surviving or continuing corporation and immediately
after such Ownership Change Event less than fifty percent (50%) of the total
combined voting power of its voting stock is held by another corporation or by
other corporations that are members of an affiliated group within the meaning of
Section 1504(a) of the Code without regard to the provisions of Section 1504(b)
of the Code, the outstanding Options shall not terminate.

                                       8

<PAGE>
       9.     NONTRANSFERABILITY OF OPTIONS. During the lifetime of the
Optionee, an Option shall be exercisable only by the Optionee or the Optionee's
guardian or legal representative. No Option shall be assignable or transferable
by the Optionee, except by will or by the laws of descent and distribution.

       10.    INDEMNIFICATION. In addition to such other rights of
indemnification as they may have as members of the Board or officers or
employees of the Participating Company Group, members of the Board and any
officers or employees of the Participating Company Group to whom authority to
act for the Board is delegated shall be indemnified by the Company against all
reasonable expenses, including attorneys' fees, actually and necessarily
incurred in connection with the defense of any action, suit or proceeding, or in
connection with any appeal therein, to which they or any of them may be a party
by reason of any action taken or failure to act under or in connection with the
Plan, or any right granted hereunder, and against all amounts paid by them in
settlement thereof (provided such settlement is approved by independent legal
counsel selected by the Company) or paid by them in satisfaction of a judgment
in any such action, suit or proceeding, except in relation to matters as to
which it shall be adjudged in such action, suit or proceeding that such person
is liable for gross negligence, bad faith or intentional misconduct in duties;
provided, however, that within sixty (60) days after the institution of such
action, suit or proceeding, such person shall offer to the Company, in writing,
the opportunity at its own expense to handle and defend the same.

       11.    TERMINATION OR AMENDMENT OF PLAN. The Board may terminate or amend
the Plan at any time. However, subject to changes in applicable law, regulations
or rules that would permit otherwise, without the approval of the Company's
shareholders, there shall be (a) no increase in the total number of shares of
Stock that may be issued under the Plan (except by operation of the provisions
of Section 4.2), and (b) no other amendment of the Plan that would require
approval of the Company's shareholders under any applicable law, regulation or
rule. In any event, no termination or amendment of the Plan may adversely affect
any then outstanding Option, or any unexercised portion thereof, without the
consent of the Optionee, unless such termination or amendment is necessary to
comply with any applicable law, regulation or rule.

                                       9<PAGE>

                                                                  EXHIBIT 10.6

[iPrint.com LETTERHEAD]

August 26, 1999

James McCormick
117 Madera Court
Los Gatos, CA 95032

Dear James,

We are pleased to offer you a position with iPrint, Inc (the "Company) as Chief
Financial Officer (CFO) commencing October 1, 1999 (or sooner).

We are proposing the following compensation package.

  -------------------------------------- ------------------------------------
           Annual Base Salary                       Stock Options
                $150,000                               290,000
  -------------------------------------- ------------------------------------

(Your annual base salary will be paid in accordance with the Company's normal
bimonthly payroll procedures.)

         GUARANTEED BONUS (FIRST YEAR)- to be paid over 12 months as a part of
         normal payroll.

         $50,000

         SIGNING BONUS- to be paid Jan 2, 2000 (1 year of employment or full
         refund)

         $40,000

         OPTION PURCHASE- Company to structure a promissory note allowing James
         McCormick to purchase options (upon employment commencement). Term to
         be four (4) years, plus interest to be determined.

You will receive stock options at fair market value, which will vest over a
four-year period. Please note the attached ACCELERATION CLAUSE which will be
include as a part of your Option Agreement.

                                       1

<PAGE>

OTHER CONSIDERATIONS:

-    As a company employee, you will be eligible for full health coverage,
     including dental and vision benefits, assuming you meet the insurance
     underwriter's requirements for insurability. This would be effective on the
     lst of the month following 30 days employment.

-    As a company employee, you will be eligible to participate in the
     company's 401K plan, after 3 months with the company.

This offer is subject to you signing and returning Exhibit A (At Will Agreement)
of this offer letter and the Non-disclosure Agreement and Proprietary Rights
Assignment, a copy of which is attached as Exhibit B.

Sincerely,

iPrint, inc.

By: /s/ Gregory Korjeff
    -----------------------------------

Title: VP Operations
       --------------------------------

ACCEPTED:

Signature: /s/ James McCormick
           ----------------------------

Dated:    9/17/99
       --------------------------------

                                       2

<PAGE>

                               ACCELERATION CLAUSE
                               FOR JAMES MCCORMICK

In the event of either (i) an Acquiring Corporation's failure to assume or
substitute for the Option in connection with a Change in Control as provided
in Section 8.2 of the Stock Option Agreement between the Company and James
McCormick (the "Agreement") or (ii) the Optionee's Termination After Change
in Control as provided in Section 7.1(c) of the Agreement, the numerator of
the Vested Ratio as determined above shall be increased by (1) the number of
full months of the Optionee's Service credited for vesting purposes prior to
the date of the Change in Control or such termination of Service, as the case
may be, if the total number of such full months of Service is less than
twelve (12), or (2) an amount equal to twenty-five percent (25%) of the
number of full months of the Optionee's Service credited for vesting purposes
prior to the date of the Change in Control or such termination of Service, as
the case may be, if the total number of such full months of Service is twelve
(12) or more; provided, however, that in no event shall the Vested Ratio
exceed 1/1.

<PAGE>

                                                              Offer Letter to:
                                                              James McCormick

                   EXHIBIT A: NEW EMPLOYEE OFFER AND AGREEMENT

If you choose to accept this offer, you should be aware that your employment
with the Company will be voluntarily entered into and will be for no
specified period. As a result, you are free to resign at any time, for any
reason or for no reason, as you deem appropriate. Similarly, the Company is
free to conclude its employment relationship with you at any time, with or
without cause.

For purposes of federal immigration law, you will be required to provide to
the Company documentary evidence of your identity and eligibility for
employment in the United States. Such documentation must be provided to us
within three (3) business days of your date of hire, or our employment
relationship with you may be terminated.

In the event of any dispute or claim relating to or arising out of our
employment relationship, you and iPrint agree that all such disputes shall be
fully and finally resolved by binding arbitration conducted by the American
Arbitration Association in San Francisco, California. HOWEVER, we agree that
this arbitration provision shall NOT apply to any dispute or claims relating
to or arising out of the misuse or misappropriation of the Company's trade
secrets or proprietary or confidential information.

To indicate your acceptance of the Company's offer set forth in the attached
letter, please sign and date this Exhibit in the space provided below and
return it to us. A duplicate original is enclosed for your records. This
letter and its Exhibits set forth the terms of your employment with the
Company and supersedes any prior representations or agreements, whether
written or oral. This letter may not be modified or amended except by a
written agreement, signed by the Company and by you.

AGREED TO AND ACCEPTED:

 /s/ James McCormick
----------------------------
James McCormick

Date: 10/12/99
     -----------------------

<PAGE>

                                    EXHIBIT B

                                     iPRINT
                        EMPLOYEE NON-DISCLOSURE AGREEMENT
                                       AND
                          PROPRIETARY RIGHTS ASSIGNMENT

In return for new or continued employment by iPrint, inc., I agree that:

1.       "Confidential Information" is information, including formulae,
patterns, compilations, programs, devices, methods, techniques, or processes,
owned by iPrint or entrusted to it that derives independent economic value,
actual or potential, to the owner of such information by reason of not being
generally known to the public, or to other persons who can obtain economic
value from its disclosure or use, and is subject to efforts by the owner
which are reasonable under the circumstances to maintain its secrecy.
"Confidential Information" may include, by way of example, know how,
algorithms, software programs, schematics, source documents, contracts,
customer information, financial information, product development, engineering
sales, and marketing plans, and business plans.

2.       "Confidential Information" does not include any information that (a)
was in the public domain at the time it was communicated to me; (b) enters
the public domain through no fault of mine subsequent to the time it was
communicated to me; (c) was in my possession free and clear of any obligation
of confidence at the time it is communicated to me; or (d) is subsequently
communicated to me without violation of any non-disclosure agreement free and
clear of any obligations of confidence.

3.       I will hold all "Confidential Information" in strictest confidence
and will use "Confidential Information" solely for purposes related to
iPrint. I will only disclose "Confidential Information" to others who have
the necessary authorization. I will treat as "Confidential Information" any
compilation, abstract, summary, or copy of "Confidential Information."

4.       A "Development" is any invention, development, improvement, trade
secret, or original work of authorship (such as any computer software or data
or any other library, audio-visual, or artistic work). I assign to iPrint all
of my rights, title, and interest to each "Development" conceived or
developed by me alone or with others in connection with my employment by
iPrint, but I understand that in compliance with Section 2870 of the
California Labor Code my assignment to iPrint is limited to "Developments"
(a) related to iPrint's business or its actual or anticipated research or
development or (b) resulting from any work performed by me or others for
iPrint or (c) conceived or developed through the use of iPrint's equipment,
supplies, facilities, or confidential information. I further understand that
this assignment does not apply to any "Developments" which I may develop
entirely on my own without using any of iPrint's equipment, supplies,
facilities, or trade secret information and which does not fall within (a),
(b), or (c) of the preceding sentence. I will promptly disclose each
"Development" to iPrint. During and after my iPrint employment I will sign
and deliver to iPrint any further documents, including patent or copyright
assignments or applications, that iPrint requests, and I will otherwise
assist iPrint in protecting its rights to each "Development."

5.       After my signature below is a complete list of all ideas,
inventions, discoveries, or

<PAGE>

improvements owned by me or others which I conceived or reduced to practice
before my employment with iPrint began. All other inventions are subject to
this Agreement. If nothing is listed, I have not conceived or reduced to
practice any inventions at the time of my signing of this Agreement.

         I have no contract or other duty to assign "Developments" conceived
or developed by me in connection with my employment by iPrint to anyone other
than iPrint. During my employment by iPrint: (a) I will not improperly use or
disclose any proprietary information or trade secrets of my former or
concurrent employers or companies, if any; (b) I will not bring onto iPrint's
premises any unpublished document or any property belonging to my former or
concurrent employers or companies, if any (unless with written permission of
the applicable employers or companies); and (c) I will not engage in any
employment, consulting, or any other activity that conflicts with any of my
obligations to iPrint or that competes with iPrint.

6.       During the term of my employment with the Company and for a period
of two (2) years thereafter, I will not interfere with iPrint's business in
any manner, including (without limitation) by encouraging anyone to leave
iPrint's employ or encourage a consultant or independent contractor to sever
that person's relationship with iPrint.

7.       My failure to fulfill any of my promises in this Agreement will
cause iPrint irreparable and continuous damage for which iPrint will have no
adequate remedy at law. Consequently, if I do not keep any of my promises,
iPrint will be entitled to injunctive relief or decrees for specific
performance, or both, as well as any other relief as may be proper.

8.       This is not an employment contract. Either iPrint or I may terminate
my employment at any time, with or without cause. My promises in the
Agreement will remain in effect after my employment by iPrint ends.

9.       When my employment by iPrint ends or at any other time upon iPrint's
request, I will promptly deliver to iPrint, without keeping any copies, all
documents and other materials (including summaries, reports, computer
printouts, electronically stored data, or other data or things) received or
prepared by me in connection with my work for iPrint.

10.      I will not export, directly or indirectly, any technical data or any
product utilizing any technical data to any country for which the U.S.
Government or any agency of the U.S. Government at the time of export
requires an export license or government approval without first obtaining
such license or approval. I understand that disclosing technical data to a
foreign national is an "export" even if the disclosure takes place within the
United States.

11.      I have received a copy of this Agreement. This Agreement is my
entire agreement with iPrint and replaces any previous oral or written
understandings or agreements, if any, with iPrint with respect to
confidential information or proprietary rights. This agreement will be
interpreted in accordance with and governed by the laws of the State of
California as applied to transactions taking place wholly within California
between California residents. This Agreement may not be modified or amended
except by a written document signed by the persons to be bound by the
modification or amendment.

12.      This agreement is effective as of October 12, 1999.

<PAGE>

EMPLOYEE:

Signature:      /s/ James McCormick
             -------------------------------

Name:        James McCormick
             -------------------------------

BY iPRINT:

Signature:      /s/ Keith L. Westberg
             -------------------------------

Name:        Keith L. Westberg
             -------------------------------

IDEAS, INVENTIONS, DISCOVERIES, OR IMPROVEMENTS CONCEIVED OR REDUCED TO
PRACTICE PRIOR TO EMPLOYMENT BY iPRINT:

<PAGE>

                                  iPRINT, INC.
                                 PROMISSORY NOTE
                              AND PLEDGE AGREEMENT

$ 655,400                                                      October 13, 1999
                                                       Redwood City, California

         FOR VALUE RECEIVED, the undersigned promises to pay to iPrint, Inc.,
a California corporation (the "Company"), or order, at its principal office
(now located in Redwood City, California) the principal sum of six hundred
fifty-five thousand four hundred dollars ($655,400) on October 13, 2003 (the
"Maturity Date"). Unpaid principal shall bear interest from the date hereof
at a rate of Five and Ninety-Six percent (5.96%) per annum, compounded
annually. Accrued but unpaid interest shall be payable on each anniversary of
the date hereof and on the Maturity Date. The entire outstanding balance of
principal and accrued but unpaid interest shall be due and payable on the
Maturity Date.

         Each payment shall be credited first to interest then due and the
remainder to principal. Should interest not be paid when due hereunder, it
shall be added to the principal and thereafter bear like interest as the
principal, provided such unpaid interest so compounded shall not exceed an
amount equal to simple interest on the unpaid principal at the maximum rate
permitted by law.

         The Company may at its option accelerate, in whole or in part, the
maturity of the outstanding principal balance due on this Note and any
accrued interest thereon upon the occurrence of any of the following events:

         (1) The termination of the undersigned's employment with the Company
(or any present or future parent and/or subsidiary corporations of the
Company) for any reason, or no reason, with or without cause.

         (2) A default in the payment of any installment of principal and/or
interest when due.

         (3) A sale of the Pledged Stock (as defined below).

         (4) Such acceleration is reasonably necessary for the Company to
comply with any regulations promulgated by the Board of Governors of the
Federal Reserve System affecting the extension of credit in connection with
the Company's securities.

         The undersigned waives demand, presentment, notice of protest,
notice of demand, dishonor, diligence in collection and notices of intention
to accelerate maturity. Any such acceleration may be automatically
effectuated by the Company by making an entry to such effect in its records,
in which event the unpaid balance on this Note shall become immediately due
and payable without demand or notice.

                                       1

<PAGE>

         Principal and interest are payable in lawful money of the United
States of America. The undersigned may prepay any amount due hereunder,
without premium or penalty.

         In the event the Company incurs any costs or fees in order to
enforce payment of this Note or any portion thereof, the undersigned agrees
to pay to the Company, in addition to such amounts as are owed pursuant to
this Note, such costs and fees, including, without limitation, a reasonable
sum for attorneys' fees.

         The undersigned hereby waives to the full extent permitted by law
all rights to plead any statute of limitations as a defense to any action
hereunder.

         As security for the full and timely payment of this Note, the
undersigned hereunder pledges and grants to the Company a security interest
in two hundred ninety thousand (290,000) shares of the Company's common stock
(the "Pledged Stock") purchased by the undersigned pursuant to the terms of
the Company's 1997 Stock Option Exercise Form attached hereto as Exhibit A.
The undersigned shall, upon execution of this Note, deliver all certificates
representing the Pledged Stock to the agent for the Company (the "Agent")
pursuant to the Joint Escrow Instructions of even date herewith between the
Company and the maker of this Note. The Agent shall hold the Pledged Stock
solely for the benefit of the Company to perfect the security interest
granted hereunder.

         Notwithstanding the foregoing, the undersigned acknowledges that
this Note is a full recourse note and that the undersigned is liable for full
payment of this Note without regard to the value at any time or from time to
time of the Pledged Stock. In the event of any default in the payment of this
Note, the Company shall have and may exercise any and all remedies of a
secured party under the California Commercial Code, and any other remedies
available at law or in equity, with respect to the Pledged Stock. The
undersigned (i) acknowledges that state or federal securities laws may
restrict the public sale of securities, and may require private sales at
prices or on terms less favorable to the seller than public sales and (ii)
agrees that where the Company, in its sole discretion, determines that a
private sale is appropriate, such sale shall be deemed to have been made in a
commercially reasonable manner.

         In the event the undersigned desires to obtain a release from the
Company's security interest in some or all of the Pledged Stock, the
undersigned shall pay that portion of the principal balance of this Note
equal to the purchase price of the Pledged Stock being released plus accrued
interest thereon. The Company shall thereafter instruct the Agent to effect
such release, provided that the fair market value of the Pledged Stock to
remain subject to the Company's security interest (as determined by the Board
of Directors of the Company or by the closing price of the Company's common
stock on the NASDAQ National Market System, or any successor listing, on the
date of such notice) shall satisfy the conditions of Regulation G, as
promulgated by the Board of Governors of the Federal Reserve System, or other
comparable law or regulation.

         The failure of the Company to exercise any of the rights created
hereby, or to promptly enforce any of the provisions of this Note, shall not
constitute a waiver of the right to exercise such rights or to enforce any
such provisions.

                                       2

<PAGE>

         As used herein, the undersigned includes the successors, assigns and
distributees of the undersigned.

         As used herein, the Company includes the successors, assigns and
distributees of the Company, as well as a holder in due course of this Note.

         This Note is made under and shall be construed in accordance with
the laws of the State of California, without regard to the conflict of law
provisions thereof.

                                       /s/ James P. McCormick
                                       -------------------------------------
                                       Signature

                                       James P. McCormick
                                       -------------------------------------
                                       James McCormick

         iPrint, Inc., a California corporation, hereby approves the terms of
the above promissory note (the "Note") executed by Mr. James McCormick
effective as of October 13, 1999.

Dated:    10/13/99                     iPrint, Inc.
      ------------------               a California corporation

                                       /s/ Nickoletta T. Farros-Swank
                                       -------------------------------------
                                       Secretary

                                       3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}]]