Document:

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                                                                    EXHIBIT 10.2

SUBSCRIPTION AGREEMENT

PETsMART.com, Inc.
35 Hugus Alley, Suite 210
Pasadena, CA 91103
Attention:  Tom McGovern, Jr.

          This Subscription Agreement (the "Agreement") is made by and between
PETsMART.com, Inc., a Delaware corporation (the "Company"), and PETsMART, Inc.,
a Delaware corporation (the "Subscriber"), which is subscribing hereby to
purchase 1,361,027 shares (the "Shares") of the Company's common stock, $0.001
par value per share ("Common Stock") for a purchase price of $0.36 per share.

          NOW THEREFORE, the parties hereto hereby agree as follows:

     A.   SUBSCRIPTION

          1.   The Subscriber hereby irrevocably subscribes to purchase the
               Shares for an aggregate purchase price of $489,969.72.

          2.  The purchase and sale of the Shares will be consummated on
               February 10, 2000 or such other date as may agreed upon between
               the Subscriber and the Company (the date of consummation of the
               purchase and sale of the Shares is hereinafter referred to as the
               "Closing Date"). On the Closing Date, the Subscriber will pay and
               deliver to the Company $489,969.72 in the form of a check or
               wire transfer (the "Payment") payable to "PETsMART.com, Inc.",
               and the Company will deliver to the Subscriber certificates
               representing the Shares at the time of purchase.

     B.   REPRESENTATIONS, WARRANTIES AND AGREEMENTS

          1.   The Subscriber hereby represents and warrants to, and agrees with
               the Company, as follows:

               (a)  The Shares are being purchased for the Subscriber's own
                    account, and not for the account of any other person, and
                    not with a view to, or for sale in connection with, any
                    distribution or resale to others within the meaning of
                    Section 2(11) or Rule 502(d) promulgated under the
                    Securities Act
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                    of 1933, as amended (the "Act"). The offering and sale of
                    the Shares is intended to be exempt from registration under
                    the Act by virtue of Section 4(2) of the Act. The Subscriber
                    is an "accredited investor" as defined in Rule 501(a) under
                    the Act. No other person has a direct or indirect beneficial
                    interest in such Shares.

               (b)  The Subscriber will not sell, hypothecate, or otherwise
                    transfer his or her Shares  (except in accordance with the
                    registration requirements of the Act and applicable state
                    securities laws) unless the Subscriber delivers a written
                    opinion of counsel, acceptable in form and substance and
                    addressed to the Company, to the effect that an exemption
                    from the registration requirements of the Act and such state
                    securities laws is available.

               (c)  The Company has made available to the Subscriber all
                    documents and information that the Subscriber has requested
                    relating to an investment in the Company. The Subscriber
                    recognizes the Company has only recently been organized and
                    that it has a limited financial or operating history and
                    that investing in the Company involves substantial risks,
                    and has taken full cognizance of and understands all of the
                    risk factors related to the purchase of the Shares. The
                    Subscriber has carefully considered and has, to the extent
                    the Subscriber believes such discussion necessary, discussed
                    with the Subscriber's professional legal, tax and financial
                    advisers the suitability of an investment in the Company and
                    the Subscriber has determined that the Shares are a suitable
                    investment for the Subscriber. The Subscriber has not relied
                    on the Company for any tax or legal advice in connection
                    with the Subscriber's purchase of the Shares.

               (d)  All corporate action necessary for the authorization,
                    execution, delivery and performance of the Agreement by the
                    Subscriber has been taken or will be taken prior to the
                    Closing. This Agreement is a valid and binding obligation of
                    the Subscriber, enforceable in accordance with its terms,
                    subject to laws of general application relating to
                    bankruptcy, insolvency and the relief of debtors and rules
                    of law governing specific performance, injunctive relief or
                    other equitable remedies.

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               (e)  The Shares have not been registered under the Act nor
                    qualified under the California Corporate Securities Law of
                    1968, as amended, or any other applicable state securities
                    or blue sky laws in reliance, in part, on the
                    representations and warranties herein.  No federal or state
                    agency has made any finding or determination as to the
                    fairness of this offering for investment, nor any
                    recommendation or endorsement of the Shares.  There is no
                    public market for the Shares or any of the Company's
                    securities and there is no certainty that such a market will
                    ever develop.  There can be no assurance that the Subscriber
                    will be able to sell or dispose of the Shares.

               (f)  The Subscriber shall not sell, transfer, assign, distribute
                    or otherwise make any transfer of the Shares (including,
                    without limitation, any distribution to shareholders,
                    partners, beneficiaries or the like) during the period
                    beginning on the Closing Date and ending 180 calendar days
                    following the earliest of (i) the date the Company has a
                    class of publicly traded equity securities registered
                    pursuant to Section 12(b) of the Securities Exchange Act of
                    1934, as amended (the "Exchange Act"), (ii) the date the
                    Company is acquired by an entity with publicly traded equity
                    securities registered pursuant to Section 12(b) of the
                    Exchange Act and the terms of such acquisition provide for
                    the equity securities of the Company to be converted into
                    the equity securities of such other entity, or (iii) January
                    1, 2008; provided, that the restriction in this sentence
                             --------
                    shall not apply to a transfer by the Subscriber to one or
                    more trusts or other entities for the benefit of employees
                    of the Subscriber complying with the provisions of paragraph
                    B.1.(b) above if, prior to such transfer, the transferee
                    agrees to be bound by (and makes the representations,
                    warranties and agreements contained in) this Section B
                    pursuant to a written agreement in form and substance
                    satisfactory to the Company. The restriction in the
                    foregoing sentence is in addition to any other restrictions
                    in this Agreement.

          2.  The Company hereby represents and warrants to the Subscriber as
               follows:

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               (a)  The Company is a corporation duly organized and validly
                    existing under the laws of the State of Delaware and is in
                    good standing under such laws.  The Company has the
                    requisite corporate power and authority to own and operate
                    its properties and assets and to carry on its business as
                    presently conducted and as proposed to be conducted.  The
                    Company is presently qualified to do business as a foreign
                    corporation in California and there is no other jurisdiction
                    in which the failure to be so qualified would have a
                    material adverse effect on the business or financial
                    condition of the Company.

               (b)  The authorized capital stock of the Company consists of
                    70,000,000 shares of Common Stock and 19,769,648 shares of
                    Preferred Stock, 3,300,000 of which have been designated
                    Series A Preferred, 1,800,000 of which have been designated
                    Series B Preferred Stock, 2,805,770 of which have been
                    designated Series C Preferred Stock and 11,863,878 shares of
                    which  have been designated Series  D Preferred Stock.  The
                    Company has an aggregate of 5,466,464 shares of Common Stock
                    reserved for issuance under its 1999 Stock Plan.

               (c)  All corporate action necessary for the authorization,
                    execution, delivery and performance of the Agreement by the
                    Company, and the authorization, sale, issuance and delivery
                    of the Shares has been taken or will be taken prior to the
                    Closing. This Agreement is a valid and binding obligation of
                    the Company, enforceable in accordance with their terms,
                    subject to laws of general application relating to
                    bankruptcy, insolvency and the relief of debtors and rules
                    of law governing specific performance, injunctive relief or
                    other equitable remedies. The Shares, when issued in
                    compliance with the provisions of this Agreement, will be
                    validly issued, fully paid and nonassessable. At the time of
                    Closing, the issuance of the Shares is not subject to any
                    preemptive rights or rights of first refusal which will not
                    have been complied with or waived.

     C.   MISCELLANEOUS

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          1.   All pronouns and any variations thereof used herein shall be
               deemed to refer to the masculine, feminine, singular, or plural
               as the identity of the person or persons may require.

          2.   Neither this Agreement nor any provisions hereof shall be waived,
               modified, changed, discharged, terminated, revoked, or cancelled
               except by an instrument in writing signed by the party against
               whom any change, discharge, or termination is sought.

          3.   Notices required or permitted to be given under this Agreement
               shall be in writing and shall be deemed to be sufficiently given
               when personally delivered or sent by registered mail, return
               receipt requested, addressed to the Company at the address set
               forth above or, in the case of the Subscriber, at the address
               provided in this Agreement, or to such other address furnished by
               notice given in accordance with this paragraph.

          4.   Failure of the Company to exercise any right or remedy under this
               Agreement or any other agreement between the Company and the
               Subscriber, or otherwise, or delay by the Company in exercising
               such right or remedy, shall not operate as a waiver thereof.  No
               waiver by the Company shall be effective unless and until it is
               in writing and signed by the Company.

          5.   This Agreement and all questions relating to its validity,
               interpretation, performance, and enforcement shall be enforced,
               governed and construed in accordance with the laws of the State
               of California, without giving effect to conflict of law
               principles and shall be binding on the Subscriber and  the
               Subscriber's successors and assigns, and shall inure to the
               benefit of the Company, its successors and assigns.

          6.   In the event that any provision of this Agreement is invalid or
               unenforceable under any applicable statute or rule of law, then
               such provision shall be deemed inoperative to the extent that it
               may conflict therewith and shall be deemed modified to conform
               with such statute or rule of law.  Any provision hereof which may
               prove invalid or unenforceable under any law shall not affect the
               validity or enforceability of any other provision hereof.

          7.   Any dispute concerning this Agreement shall be submitted to
               arbitration before a single arbitrator under the then applicable
               rules of the American Arbitration Association (or any successor
               thereto or
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                any replacement arbitration tribunal as agreed to by the
                parties). The provisions of Part 3, Title 9 (Sections 1280 et
                seq.), of the California Code of Civil Procedure will apply to
                any such arbitration. The arbitration hearing will be held in
                Los Angeles, California.

          8.    This Agreement constitutes the entire agreement among the
                parties hereto with respect to the subject matter hereof and
                supersedes any and all prior or contemporaneous representations,
                warranties, agreements and understandings in connection
                therewith. This Agreement may be amended only by a writing
                executed by the Subscriber and the Company.

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                               PETsMART.COM, INC.
                             SUBSCRIPTION AGREEMENT
                                 SIGNATURE PAGE

          This page constitutes the Signature Page for the Agreement.  The
Subscriber represents to the Company that (a) the information contained in the
Agreement is complete and accurate on the date hereof and will be accurate on
the Closing Date and may be relied upon by the Company and (b) the Subscriber
will notify the Company immediately of any change in any of such information
occurring prior to the acceptance of the subscription and will promptly send the
Company written confirmation of such change.  The Subscriber hereby certifies
that he or she has read and understands this Agreement.

          IN WITNESS WHEREOF, the undersigned has executed this Agreement
effective as of  February 3, 2000.

                              PETsMART.com, Inc.

                              By:  /s/ Tom McGovern
                                   ----------------------------
                                   Name:  Tom McGovern, Jr.
                                   Title: President and CEO
                                   Address:

                              PETsMART, Inc.

                              By:  /s/ Philip L. Francis
                                   ----------------------------
                                   Name: Philip L. Francis
                                   Title:   President and CEO
                                   Address:

                                       7<PAGE>

                                                                    EXHIBIT 10.3

                              PETsMART.COM, INC.

                      RESTRICTED STOCK PURCHASE AGREEMENT

     THIS AGREEMENT is made effective the 12 day of May, 1999 (the "Effective
Date") between PETsMART.com, Inc., a Delaware corporation (the "Company") and
Tom McGovern, Jr. (the "Purchaser").

     WHEREAS the Purchaser is an employee of the Company and his continued
participation is considered by the Company to be important for the Company's
continued growth; and

     WHEREAS in order to give the Purchaser an opportunity to acquire an equity
interest in the Company as an incentive for the Purchaser to participate in the
affairs of the Company, the Company is willing to sell to the Purchaser and the
Purchaser desires to purchase 1,043,111 shares of Common Stock according to the
terms and conditions hereof.

     THEREFORE, the parties agree as follows:

1.        Sale of Stock. The Company hereby agrees to sell to the Purchaser
          -------------
     and the Purchaser hereby agrees to purchase an aggregate of 1,043,111
     shares of the Company's Common Stock (the "Shares"), at the price of $0.20
     per share for an aggregate purchase price of $208,622.22 (the "Purchase
     Price").

2.        Payment of Purchase Price. The Purchase Price for the Shares shall be
          -------------------------
     paid by delivery to the Company at the time of execution of this Agreement
     of a check or wire transfer.

3.        Issuance of Shares. Upon receipt by the Company of the Purchase Price,
          ------------------
     the Company shall issue a duly executed certificate evidencing the Shares
     in the name of the Purchaser to be held in escrow until expiration of the
     Company's repurchase option as described in this Agreement.

4.        Repurchase Option.
          -----------------

     (1)       All of the Shares are subject to the Company's repurchase option
          defined in this section.  In the event of the voluntary or involuntary
          termination of the Purchaser's employment with or services to the
          Company for any or no reason (including death or disability) before
          all of the Shares are released from the Company's repurchase option
          under Section 5, the Company shall, upon the date of such termination
          (as reasonably fixed and determined by the Company) have an
          irrevocable, exclusive option for a period of 90 days from such date
          to repurchase all or any portion of the Shares which have not been
          released from the repurchase option at such time at the original
          purchase price per share ($0.01) ("Repurchase Option").  Said
          Repurchase Option shall be exercised by the Company by written notice
          to the
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          Purchaser or his executor (with a copy to the Escrow Holder (as
          defined below)) and, at the Company's option, (i) by delivery to the
          Purchaser or his executor with such notice of a check in the amount of
          the repurchase price for the Shares being repurchased, or (ii) by
          cancellation by the Company of an amount of the Purchaser's
          indebtedness to the Company equal to the repurchase price for the
          Shares being repurchased, or (iii) by a combination of (i) and (ii) so
          that the combined payment and cancellation of indebtedness equals such
          repurchase price.  Upon delivery of such notice and the payment of the
          repurchase price in any of the ways described above, the Company shall
          become the legal and beneficial owner of the Shares being repurchased
          and all rights and interests therein or relating thereto, and the
          Company shall have the right to retain and transfer to its own name
          the number of Shares being repurchased by the Company.

     (2)       Whenever the Company shall have the right to repurchase Shares
          hereunder, the Company may designate and assign one or more employees,
          officers, directors or stockholders of the Company or other persons or
          organizations to exercise all or a part of the Company's repurchase
          rights under this Agreement and purchase all or a part of such Shares.

5.        Release of Shares From Repurchase Option.
          ----------------------------------------

     (1)       25,000 of the Shares shall be released from the Company's
          Repurchase Option at the Effective Date and 6.25% of the remaining
          Shares shall be released at the end of each full three-calendar-month
          period from the Effective Date until all of the Shares have been
          released, provided in each case that, subject to Section 5(2), the
          Purchaser's services as an employee of or consultant to the Company
          have not been terminated prior to the date of any such release.

     (2)       (a)  Upon the merger or consolidation of the Company with or into
          another corporation, entity or person or the sale of all or
          substantially all of the Company's assets to another corporation,
          entity or person, where after such merger, consolidation or sale of
          assets, less than 50% of the capital stock or equity interests in such
          other corporation, entity or person are owned by persons who owned in
          the aggregate less than 50% of the capital stock of the Company
          immediately before such merger, consolidation or sale of assets (a
          "Dispositive Transaction"), and if the Purchaser voluntary or
          involuntary terminates his employment with or services to the Company
          for any or no reason within sixty (60) days of such Dispositive
          Transaction, fifty percent (50%) of the previously unvested Shares
          shall be immediately released from the Company's Repurchase Option.

               (b)  Upon the Company's termination of the Purchaser's employment
          with or services to the Company without "Cause" (as defined herein),
          up to fifty percent (50%) of the previously unvested Shares shall be
          immediately released from the

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          Company's Repurchase Option; provided, however, that once an aggregate
          of 1,410,000 shares have been released from the Company's Repurchase
          Option under any provision of this Section 5, no further shares shall
          be released under this Section 5(2)(b). For purposes of this Section
          5(2)(b), "Cause" is defined as (i) an act of dishonesty made by
          Purchaser in connection with his responsibilities as an employee of
          the Company, (ii) Purchaser's conviction of, or plea of nolo
                                                                  ----
          contendere to, a felony, (iii) Purchaser's serious misconduct, (iv)
          ----------
          Purchaser's continued violations of his employment duties after
          Purchaser has received a written demand for performance from the
          Company which specifically sets forth the factual basis for the
          Company's belief that Purchaser has not substantially performed his
          duties, or (v) Purchaser's death or permanent and total disability.

6.        Restriction on Transfer. Except for the escrow described in Section 7
          -----------------------
     or transfer of the Shares to the Company or its assignees contemplated by
     this Agreement, none of the Shares nor any beneficial interest therein
     shall be transferred, encumbered or otherwise disposed of in any way until
     the release of such Shares from the Company's Repurchase Option in
     accordance with the provisions of this Agreement.

7.        Escrow of Shares.
          ----------------

     (1)       The Shares issued under this Agreement shall be held by the
          Secretary of the Company as escrow holder ("Escrow Holder"), along
          with a stock assignment executed by the Purchaser in blank, until the
          expiration of the Company's Repurchase Option with respect to such
          Shares as set forth above.

     (2)       The Escrow Holder is hereby directed to permit transfer of the
          Shares only in accordance with this Agreement or instructions signed
          by both parties. In the event further instructions are desired by the
          Escrow Holder, he shall be entitled to rely upon directions executed
          by a majority of the authorized number of the Company's Board of
          Directors. The Escrow Holder shall have no liability for any act or
          omission hereunder while acting in good faith in the exercise of his
          own judgment.

     (3)       If the Company or any assignee exercises its Repurchase Option
          hereunder, the Escrow Holder, upon receipt of written notice of such
          option exercise from the proposed transferee, shall take all steps
          necessary to accomplish such transfer.

     (4)       When the Repurchase Option has been exercised or expires
          unexercised or a portion of the Shares has been released from such
          Repurchase Option, upon Purchaser's request the Escrow Holder shall
          promptly cause a new certificate to be issued for such released Shares
          and shall deliver such certificate to the Purchaser.

     (5)       Subject to the terms hereof, the Purchaser shall have all the
          rights of a stockholder with respect to such Shares while they are
          held in escrow, including

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          without limitation, the right to vote the Shares and receive any cash
          dividends declared thereon. If, from time to time during the term of
          the Company's Repurchase Option, there is (i) any stock dividend,
          stock split or other change in the Shares, or (ii) any merger or sale
          of all or substantially all of the assets or other acquisition of the
          Company, any and all new, substituted or additional securities to
          which the Purchaser is entitled by reason of his ownership of the
          Shares shall be immediately subject to this escrow, deposited with the
          Escrow Holder and included thereafter as "Shares" for purposes of this
          Agreement and the Company's repurchase option.

8.        Legends. The share certificate evidencing the Shares issued
          -------
     hereunder shall be endorsed with the following legends:

     (1)       "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED
          FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE
          OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED
          WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN
          OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION
          IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933."

     (2)       "THE SHARES REPRESENTED BY THIS CERTIFICATE MAY BE TRANSFERRED
          ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY
          AND THE STOCKHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF
          THE COMPANY."

     (3)       Any legend required to be placed thereon by applicable state
          securities laws.

9.        Investment Representations; Restriction on Transfer.
          ---------------------------------------------------

     (1)       In connection with the purchase of the Shares, the Purchaser
          represents to the Company the following:

     (1)       He is aware of the Company's business affairs and financial
          condition and has acquired sufficient information about the Company to
          reach an informed and knowledgeable decision to acquire the
          securities. He is purchasing these securities for investment for his
          own account only and not with a view to, or for resale in connection
          with, any "distribution" thereof within the meaning of the Securities
          Act of 1933 (the "Securities Act").

     (2)       He understands that the securities have not been registered under
          the Securities Act by reason of a specific exemption therefrom, which
          exemption depends upon, among other things, the bona fide nature of
          his investment intent as expressed herein. In this connection, he
          understands that, in view of the Securities and Exchange Commission
          (the "Commission"), the statutory basis for such

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          exemption may not be present if his representations meant that his
          present intention was to hold these securities for a minimum capital
          gains period under the tax statutes, for a deferred sale, for a market
          rise, for a sale if the market does not rise, or for a year or any
          other fixed period in the future.

     (3)       He further acknowledges and understands that the securities must
          be held indefinitely unless they are subsequently registered under the
          Securities Act or an exemption from such registration is available. He
          further acknowledges and understands that the Company is under no
          obligation to register the securities. He understands that the
          certificate evidencing the securities will be imprinted with a legend
          which prohibits the transfer of the securities unless they are
          registered or such registration is not required in the opinion of
          counsel for the Company.

     (4)       He is aware of the adoption of Rule 144 by the Commission,
          promulgated under the Securities Act, which permits limited public
          resale of securities acquired in a non-public offering subject to the
          satisfaction of certain conditions.

     (5)       He further acknowledges that in the event all of the requirements
          of Rule 144 are not met, compliance with Regulation A or some other
          registration exemption will be required; and that although Rule 144 is
          not exclusive, the staff of the Commission has expressed its opinion
          that persons proposing to sell private placement securities other than
          in a registered offering and other than pursuant to Rule 144 will have
          a substantial burden of proof in establishing that an exemption from
          registration is available for such offers or sales and that such
          persons and the brokers who participate in the transactions do so at
          their own risk.

(2)       The Purchaser agrees, in connection with the Company's initial public
     offering of the Company's securities, (i) not to sell, make short sales of,
     loan, grant any options for the purchase of, or otherwise dispose of any
     shares of Common Stock of the Company held by the Purchaser (other than
     those shares included in the registration) without the prior written
     consent of the Company or the underwriters managing such initial
     underwritten public offering of the Company's securities for up to one
     hundred eighty (180) days from the effective date of such registration and
     (ii) further agrees to execute any agreement reflecting (i) above as may be
     requested by the underwriters at the time of the public offering.

10.       Adjustment for Stock Split. All references to the number of Shares and
          --------------------------
     the Purchase Price of the Shares in this Agreement shall be appropriately
     adjusted to reflect any stock split, stock dividend or other change in the
     Shares which may be made by the Company after the date of this Agreement.

11.       General Provisions.
          ------------------

(1)       This Agreement shall be governed by the internal laws of the State of
     California.  This Agreement represents the entire agreement between the
     parties with respect to the

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     purchase of Common Stock by the Purchaser, may only be modified or amended
     in writing signed by both parties and satisfies all of the Company's
     obligations to the Purchaser with regard to the issuance or sale of
     securities.

(2)       Any notice, demand or request required or permitted to be given by
     either the Company or the Purchaser pursuant to the terms of this Agreement
     shall be in writing and shall be deemed given when delivered personally or
     deposited in the U.S. mail, First Class with postage prepaid, and addressed
     to the parties at the addresses of the parties set forth at the end of this
     Agreement or such other address as a party may request by notifying the
     other in writing.

     Any notice to the Escrow Holder shall be sent to the Company's address with
a copy to the other party not sending the notice.

(3)       The rights and benefits of the Company under this Agreement shall be
     transferable to any one or more persons or entities, and all covenants and
     agreements hereunder shall inure to the benefit of, and be enforceable by
     the Company's successors and assigns. The rights and obligations of the
     Purchaser under this Agreement may only be assigned with the prior written
     consent of the Company.

(4)       Either party's failure to enforce any provision or provisions of this
     Agreement shall not in any way be construed as a waiver of any such
     provision or provisions, nor prevent that party thereafter from enforcing
     each and every other provision of this Agreement.  The rights granted both
     parties herein are cumulative and shall not constitute a waiver of either
     party's right to assert all other legal remedies available to it under the
     circumstances.

(5)       The Purchaser agrees upon request to execute any further documents or
     instruments necessary or desirable to carry out the purposes or intent of
     this Agreement.

(6)       The Purchaser understands that he (and not the Company) shall be
     responsible for his own federal, state, local or foreign tax liability and
     any of the other tax consequences that may arise as a result of the
     transactions contemplated by this Agreement. The Purchaser shall rely
     solely on the determinations of his tax advisors or his own determinations,
     and not on any statements or representations by the Company or any of its
     agents, with regard to all such tax matters. The Purchaser shall notify the
     Company in writing if the Purchaser files an election pursuant to Section
     83(b) of the Internal Revenue Code of 1986, as amended, with the Internal
     Revenue Service within thirty (30) days from the date of the sale of the
     Shares hereunder. The Company intends, in the event it does not receive
     from the Purchaser evidence of such filing, to claim a tax deduction for
     any amount which would be taxable to the Purchaser in the absence of such
     an election.

(7)       THE PURCHASER UNDERSTANDS THAT THE SALE OF THE SECURITIES WHICH ARE
     THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN QUALIFIED WITH THE COMMISSIONER
     OF CORPORATIONS OF THE STATE OF CALIFORNIA

                                       6
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     AND THE ISSUANCE OF SUCH SECURITIES OR THE PAYMENT OR RECEIPT OF ANY PART
     OF THE CONSIDERATION THEREFOR PRIOR TO SUCH QUALIFICATION IS UNLAWFUL
     UNLESS THE SALE OF SECURITIES IS EXEMPT FROM QUALIFICATION BY SECTION
     25100, 25102, OR 25105 OF THE CALIFORNIA CORPORATIONS CODE. THE RIGHTS OF
     ALL PARTIES TO THIS AGREEMENT ARE EXPRESSLY CONDITIONED UPON SUCH
     QUALIFICATION BEING OBTAINED, UNLESS THE SALE IS SO EXEMPT.

                                       7
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     IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the
day and year first set forth above.

PURCHASER HEREBY ACKNOWLEDGES AND AGREES THAT THIS DOCUMENT REPRESENTS THE
DEFINITIVE AGREEMENT BETWEEN THE PURCHASER AND THE COMPANY WITH REGARD TO THE
ISSUANCE OF COMPANY SECURITIES TO THE PURCHASER AND THAT IT SUPERSEDES ANY OTHER
AGREEMENT, EITHER ORAL OR WRITTEN, RELATING TO THE PURCHASER'S RIGHTS TO COMPANY
SECURITIES.  PURCHASER FURTHER ACKNOWLEDGES AND AGREES THAT ANY AND ALL FUTURE
ISSUANCES OF COMPANY SECURITIES TO THE PURCHASER MUST BE APPROVED BY THE
COMPANY'S BOARD OF DIRECTORS AND EVIDENCED BY AN EXECUTED WRITTEN AGREEMENT IN
ORDER TO BECOME BINDING ON THE COMPANY.

PETsMART.COM, INC.
a Delaware corporation              PURCHASER:  Tom McGovern, Jr.

By:  /s/ Tom McGovern                      /s/Tom McGovern
  -------------------                ----------------------------
  Tom McGovern, Jr.                  (Signature)
  President
                                           983 Old Mill Road
                                     ----------------------------
                                     (Address)

                                           Pasadena, CA  91108
                                     ----------------------------

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<PAGE>

                               CONSENT OF SPOUSE
                               -----------------

  I, ____________________, spouse of Tom McGovern, Jr. have read and approve the
foregoing Agreement.  In consideration of granting of the right to my spouse to
purchase shares of PETsMART.com, Inc. Common Stock, as set forth in the
Agreement, I hereby appoint my spouse as my attorney-in-fact in respect to the
exercise of any rights under the Agreement and agree to be bound by the
provisions of the Agreement insofar as I may have any rights in said Agreement
or any shares issued pursuant thereto under the community property laws of the
State of California or similar laws relating to marital property in effect in
the state of our residence as of the date of the signing of the foregoing
Agreement.

Dated:____________________

                               _______________________________
                                          Signature

                                       9
<PAGE>

                     ASSIGNMENT SEPARATE FROM CERTIFICATE

FOR VALUE RECEIVED I, Tom McGovern Jr. hereby sell, assign and transfer to
_____________________ (________) shares of the Common Stock of PETsMART.com,
Inc. (the "Company") standing in my name on the books of the Company represented
by Certificate No. __________ and do hereby irrevocably constitute and appoint
Wilson Sonsini Goodrich & Rosati, attorney, to transfer said stock on the books
of the Company with full power of substitution in the premises.

This Assignment Separate from Certificate may only be used in accordance with
the Restricted Stock Purchase Agreement dated May ___, 1999.

Dated: __________, ____.

                         Signature:___________________________

Instruction:  Please do not fill in any blanks other than the signature line.
The purpose of this assignment is to enable the Company to exercise the
Repurchase Right set forth in the Agreement without requiring additional
signature on the part of Purchaser.

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<PAGE>

                          ELECTION UNDER SECTION 83(b)
                          ----------------------------
                      OF THE INTERNAL REVENUE CODE OF 1986
                      ------------------------------------

The undersigned taxpayer hereby elects, pursuant to the above-referenced Federal
Code, to include in his gross income for the current taxable year, the amount of
any compensation taxable to him in connection with his receipt of the property
described below:

1.   The name, address, taxpayer identification number and taxable year of the
     undersigned are as follows:

     NAME:             TAXPAYER:  Tom McGovern, Jr.  SPOUSE:

     ADDRESS:

     IDENTIFICATION NO.:       TAXPAYER:           SPOUSE:

     TAXABLE YEAR:  1999

2.   The property with respect to which the election is made is described as
     follows:

     2,820,000 shares of Common Stock (the "Shares"), par value $0.001, of
     PETsMART.com, Inc., a Delaware corporation (the "Company").

3.   The date on which the property was transferred is:         May 12, 1999
                                                        ----------------------

4.   The property is subject to the following restrictions:

     The Company has the right to repurchase a portion of the Shares upon the
     happening of certain events.  This right of repurchase lapses with regard
     to a portion of the Shares over time.

5.   The fair market value at the time of transfer, determined without regard to
     any restriction other than a restriction which by its terms will never
     lapse, of such property is:  $208,622.22.

6.   The amount (if any) paid for such property: $208,622.22.

The undersigned has submitted a copy of this statement to the person for whom
the services were performed in connection with the undersigned's receipt of the
above-described property.  The transferee of such property is the person
performing the services in connection with the transfer of said property.

The undersigned understands that the foregoing election may not be revoked
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except with the consent of the Commissioner.
--------------------------------------------

Dated:  _________________________               /s/ Tom McGovern
                                        -------------------------------
                                        Taxpayer

The undersigned spouse of taxpayer joins in this election.

Dated:  _________________________       _______________________________
                                        Spouse of Taxpayer

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