Document:

Exhibit

CONTRACT OF EMPLOYMENT

The undersigned:

		
	1.
	VISTAPRINT BV, with its registered office at Venlo, the Netherlands, duly represented in this matter by Mrs. W. Cebula (hereafter referred to as "the Employer")

and 

		
	2.
	Mr. W. Jacobs (hereafter referred to as "the Employee") 

Declare to enter into a contract of employment subject to the conditions below:

Article 1 - Period of employment 

		
	1.1
	The Employee enters the service of the Employer on or before May 1st, 2011, in the position of Vice President, Plant Director Venlo on the basis of a 40 hour work week.

		
	1.2
	This contract of employment is entered into for an indefinite period. 

		
	1.3 
	Both parties are entitled to interim termination. Interim termination by the Employer or the Employee is subject to a 3 months notice period. Interim termination is effective at the end of a calendar month.

		
	1.4 
	If this contract of employment would be prolonged and by then still exist, this contract will end automatically without any prior notice being required on the first day of the month in which the Employee reaches the age of 67. 

Article 2 - Position and responsibilities

2.1    The Employee shall fulfil the position of Vice President, Plant Director Venlo, charged with the primary tasks and responsibilities mentioned in the attached job description that is part of this contract of employment and which attachment is signed by both parties for agreed and approved. Such job description may be amended from time to time based upon the needs and requirements of the Employer and the business.

2.2    The Employee functionally reports to the President, Vistaprint Europe.

2.3    The operational base of the Employee shall be Venlo. The Employee shall work on other locations if so reasonably required. Both parties needs to be agreed on a relocation or the change of the operational base of the employee.

2.4    The Employer shall, within the confines of reasonableness reserve the right to make changes to the position of the Employee, including concomitant changes to terms of employment.

Article 3 - Collective Labour Agreement of the Grafimedia 

3.1    The Employer and Employee both acknowledge that the position of Vice President, Plant Director Venlo is a position as meant under the last paragraph of article 1.2.2 of the Collective Labour Agreement (CAO Grafimedia) that is excluded from applicability of the Collective Labour Agreement of the Grafimedia. Therefore the stipulations of the Collective Labour Agreement of the Grafimedia do not apply on the contract of employment between employer and employee.

Article 4 - Salary

		
	4.1
	The Employee’s salary is € 185,000.- gross per year, including holiday allowance. The monthly salary is payable at the end of each month (12x in the year and the yearly holiday allowance is paid out with the monthly salary in May), less compulsory and agreed deductions by the Employer.

		
	4.2
	Overtime may occur and is a normal part of the job of Employee. Compensation for overtime is included in the salary mentioned under article 4.1, so the Employee has no separate right of compensation for overtime.

		
	4.3
	The Employee participates in a bonus plan with a target of EUR 55,000.- gross a year. Payment depends on reaching the goals and objectives. The employee’s quarterly bonus will be based 50% on individual goals, 50% will be based on Company performance against overall company goals (Vistaprint job level L04).

4.3.1    The goals and objectives for each quarter will be set out and determined by the Employer in the last month of the preceding quarter. The company reserves the right to modify payment of the bonus as well as goals and objectives at any given point in time.
		
	4.3.2
	Within one month after the ending of a quarter close, judgment will take place whether the Employee has met the goals and objectives of the bonus plan, that qualify for a (partial) bonus payment. Bonus payment will take place in the second month end following the quarter end involved.

		
	4.4
	Restricted Share Unit Grant.   Subject to approval by the Supervisory Board and/or Management Board of Vistaprint N.V. (the Company’s parent, whose ordinary shares are publicly traded on NASDAQ) or its designee, you will be granted an award for 4.000 restricted share units (“RSUs”) of Vistaprint N.V. under Vistaprint’s Amended and Restated 2005 Equity Incentive Plan (the “Plan”).  The RSUs will vest over a four-year period, at the rate of 25% after the first year and 6.25% quarterly thereafter so long as you remain employed by the Company. Upon vesting, the RSUs are payable in ordinary shares of Vistaprint N.V.  While this paragraph is a general description of your RSU award, the RSU award will at all times be subject to all terms, vesting schedules, limitations, restrictions and termination provisions set forth in the Plan and in the separate RSU agreement that you will sign or accept electronically to evidence the grant of the RSUs.

		
	4.5
	In addition and subject to the terms of the plan, you will be eligible to receive future awards of long-term incentive compensation. 

		
	4.6
	The employee will have the opportunity to participate in the car-lease program, according to the plan as stated by the Dutch tax authorities. For this, the maximum amount to spent by the employee is allowed to be € 1,000.- per month.

Article 5 - Holiday entitlement and allowance 

5.1    The Employees holiday entitlement is 28 working days per calendar year.

Article 6 - Pension

6.1    The employer will annually contribute a fixed amount to the pension of the employee, for which pension the employee is fully responsible by himself. The pension premium is yearly based on a percentage of the annual gross salary, less the exemption of old age pension (Witteveen-franchise), based on the Nationale Nederlanden pension rulings. The employee’s contribution is 5.53% per cent of the annual gross salary, less the exemption of old age pension (Witteveen-franchise).
    
Since both gross salary and Exemption of old age pension are subject to changes, the maximised contribution will be determined every year. If under tax law only a lower contribution is privileged / facilitated and in accordance with the guidelines of the tax law, the contribution will be determined and maximised on this privileged/facilitated and in accordance with the guidelines determined amount.

Article 7 - Expenses

7.1    Expenses which may be incurred within reason by the Employee in the exercise of his 
duties, shall be reimbursed to him each month by the company on the bases of specified expense statements with submission of the invoices concerned. The Employee is obliged to minimise to his best efforts the costs and to act as if the Employee were to pay for such expenses directly.

7.2    The employee will be provided with a phone and laptop.

Article 8 - Occupational disability 

8.1    If the Employee is unable to carry out his duties as a result of sickness or an accident,     he shall be obliged to notify the Employer as quickly as possible. 

8.2    In the event of occupational disability on the grounds of sickness or accident, the Employer will continue the monthly salary payments to a maximum of 24 months or so much shorter as the employment contract may end earlier. The continuation of salary payments does not include possible bonus payments and car leasing benefits. These bonus payments and car leasing benefits will not be calculated or paid over the periods of absence of the Employee, due to occupational disability on the grounds of sickness or accident. 

Article 9 - Work for third parties

9.1    The Employee shall not, without written permission of the Employer, work for another 
employer or client during the term of employment and shall refrain from conducting business for his own account. 

9.2    The Employee shall not be entitled to accept, either directly or indirectly, any financial or other benefits from third parties which may in any way be related to his work for the Employer. 

Article 10 - Secrecy 

10.1    Both during and after the contract of employment, the Employee shall observe strict
secrecy with regard to all details with which he is familiar in relation to the Employer and the Employers company and the activities of the company and companies/businesses which are affiliated with the Employers company, to the extent that these details have a confidential character or if the Employee could or should be aware of their confidential character. 

10.2    The secrecy obligation shall also apply vis-à-vis the personnel of the Employers company itself, its subsidiaries or associated businesses, except to the extent that it relates to the provision of information which is necessary for the business operations. 

Article 11 - Non-competition clause 

11.1    The Employee shall not be entitled, without prior written permission from the 
Employer, both during the employment agreement and during a period of one year after the termination hereof, for whatever reason, in the Netherlands or elsewhere, to establish, to run or to partly run a business, or have this done, which is similar or related to that of the Employers company and/or its subsidiaries and/or businesses associated herewith, either directly or indirectly, or to have a financial interest in any form whatsoever, in such a business, or to work therein or therefore in any manner, whatsoever, either in return for compensation or for no valuable consideration, or to have a share therein, of any nature whatsoever (otherwise than shares of a company listed on the stock exchange). 

Article 12 - Fine clause

12.1    In the event of violation of any prohibition laid down in points 11, 12 and 13 the Employee shall forfeit an immediately claimable fine for the benefit of the Employer, without prior summons or court intervention, of EUR 10.000,= and EUR 2.500,= for each day or part of a day that such a transgression lasts, without any damages or any loss having to be proved and without prejudice to the right of the Employer and of the company/businesses affiliated with it to claim additional compensation or damages, should there be grounds for doing so. 

Article 13 - Return of documents

13.1    The business details, correspondence, notes, drawings or other documents, including photocopies, which the Employee has in his possession in connection with the fulfilment of his duties, shall be handed over by him to the Employer at the end of his employment, immediately and without their being requested. 

Article 14 - Presentation after the end of the employment contract

14.1    After the end of the employment, the Employee shall never represent himself as
though he were still involved with the Employers company, its subsidiaries and/or any companies/business which is affiliated with it. 

Article 15 - Stipulations for personal advantage

15.1    The Employee is prohibited from accepting or stipulating any commission or advantage, under whatever form or name whatsoever, for himself from customers or suppliers of the Employer, its subsidiaries or companies/businesses affiliated with it, directly or indirectly in any matter, whatsoever. 

Article 16 - Industrial and intellectual property 

16.1    All new products or production methods, other inventions, discoveries, designs, improvements, models, literary works, science or art, or ideas (whether or not shown or described or reduced to a practical embodiment and whether or not they are patented or protected by copyright or all other intellectual and/or industrial property rights) which have been discovered, made or thought of by the Employee, alone or together with others, by virtue of his duties with the Employers company and companies/businesses affiliated with the Employers company and/or used by the Employers company, shall remain the exclusive property of the Employer and all rights relating thereto shall belong exclusively to the Employer, without the Employee being entitled to any kind of compensation, whatsoever. 

Article 17 - other obligations 

17.1    The Employee accepts the obligation to perform all the work assigned to him in a satisfactory manner with diligence and commitment and to refrain from all actions that could in any way prejudice Employer. 

17.2    The Employee will comply with all rules, regulations and instructions as applicable to him. 

Article 18 - Changes 

18.1    Changes in this agreement must be given in writing and must be added to this agreement in the form of an annex signed by both parties. 

Article 19 - Applicable law

19.1    This contract is governed by Dutch law. Any disputes will be submitted to the sub district court of Venlo. 

Article 20 - Prior Agreements

20.1    This Agreement supersedes in its entirety the Employment Agreement between the Employer and the Employee. Nothing in this Agreement shall affect any non-disclosure, invention or non-competition agreement entered into by the Employee in connection with his employment with the Employer.

Thus agreed upon and signed in duplicate in Venlo, The Netherlands on 

________________                     Maastricht, 9 February 2011
Place & Date                        Place & Date

/s/Wendy Cebula                     /s/Wilhelm G.A. Jacobs
Mrs. W. Cebula                    Mr. W. Jacobs    
Chief Operating OfficerExhibit

THIS EMPLOYMENT AGREEMENT (the "Agreement" or "Employment Agreement") is made as of November 1, 2015. 
THE UNDERSIGNED:
		
	(1)
	CIMPRESS N.V., a public limited liability company organized under the laws of the Netherlands with its registered office in Hudsonweg 8, 5928 LW Venlo, The Netherlands ("Company"), legally represented by Robert Keane, Chairman of its Management Board; and 

		
	(2)
	Cornelis David Arends, currently residing at the address in The Netherlands specified under the signature line below ("Executive").

The parties to this Employment Agreement are hereinafter collectively referred to as the "Parties" and individually as a "Party".
RECITALS:
(1)    The Parties desire to establish an employment relationship between Company and Executive for a definite term of twenty-six (26) months commencing from the Commencement Date (as defined below).
(2)    In this Employment Agreement, the "Group" refers to Cimpress N.V. and its now and future subsidiaries and affiliates, including, without limitation, Company and its subsidiaries and further including all legal predecessors and successors of these entities. 
		
	(3)
	In this Employment Agreement, "DCC" refers to the Dutch Civil Code.

		
	(4)
	No collective bargaining agreement is applicable to this Employment Agreement.

		
	(5)
	Company and Executive further agree as follows:

		
	1.
	COMMENCEMENT DATE; DEFINITE TERM

1.1    Executive’s employment with Company under this Employment Agreement shall be for a definite term commencing on November 1, 2015 (the “Commencement Date”) and ending on January 10, 2018 (the “Agreement End Date”). 

		
	2.
	EARLY TERMINATION; NOTICE

2.1    Executive’s employment under this Agreement shall continue through the Agreement End Date, at the conclusion of which this Agreement shall automatically terminate without further action by either of the Parties.  If Company will not extend this Agreement after the Agreement End Date, it will notify the Executive thereof in writing at least one month prior to the Agreement End Date; provided, however, that this Agreement may be terminated earlier than the Agreement End Date by:
2.1.1    Company or Executive after prior written notice to the other Party in accordance with applicable law.
2.1.2    Company immediately without notice for urgent cause (“ontslag op staande voet”) within the meaning of Article 7:678 DCC.  The rights of Company under this clause 2.1.2 are without prejudice to any other rights that it might have at law to terminate this Agreement or to accept any breach of this Agreement by Executive as having brought the Agreement to an end.  Any delay by Company in exercising its rights to terminate shall not constitute a waiver thereof.  
2.2    This Employment Agreement will in any case end by operation of law on the day on which Executive will be eligible for state old-age pension (AOW).

		
	3.
	title; Duties

3.1.    Executive’s title shall be Senior Vice President and President, European Business Units.  Executive shall report to Robert Keane, President and Chief Executive Officer of Company. 
3.2.    Executive shall be responsible for overseeing the business units regarded by Cimpress from time to time to comprise the European Business Units, which business units currently are Albumprinter, Druck.at, Easyflyer, Exagroup, Pixartprinting, Printdeal and Tradeprint, and further Executive shall serve as a member of the Cimpress Executive Team.  Executive is prepared also to perform for the Group limited work and duties that do not follow from his job title, if in Company’s discretion the Group’s interest reasonably requires this (but with due consideration for Executive's main tasks and responsibilities for Company) and without any further amendment of this Employment Agreement and/or to the remuneration package provided herein. 
3.3.    Company may change Executive’s title from time to time and/or require Executive to undertake any role for which Executive’s skills and experience are suitable and/or that is in Company's reasonable interest. 
3.4.    Executive shall be fully committed to perform his duties to the best of his knowledge and ability and shall promote Company's interests.  
3.5.    As condition precedent to the effectiveness of this Agreement, Executive shall have signed, dated and delivered the side agreements attached hereto in Annex A.
3.6.    Unless prevented by incapacity, Executive shall devote the whole of his work time, attention and abilities to the business of Company. Executive may therefore not engage in any other professional or employment activity throughout the duration of this contract without the prior written approval of Company.
3.7.    Executive shall strictly comply with Company's anti-corruption and bribery policy and related procedures at all times. Executive shall report his own wrongdoing and any wrongdoing or proposed wrongdoing of any other employee or board member of Company or any Group Company to the Compliance Vice-President via ComplianceQuestions@cimpress.com immediately on becoming aware of it.
3.8.    Executive shall strictly comply with the Group’s Code of Business Conduct, rules, policies and procedures, a copy of which is available from the Human Resources department. Company's employee handbook as amended from time to time applies and Company may amend it at any time in its sole discretion without prior notice.  To the extent that there is any conflict between the terms of this Agreement and the employee handbook, this Agreement shall prevail.
		
	4.
	time commitment

4.1    Executive shall undertake the duties under this Employment Agreement on a 40 hours per week basis. Executive shall work overtime insofar as he may be reasonably required to do so.  Remuneration for such overtime will be deemed included in the Base Salary as stated in clause 6.1 below.
		
	5.
	place of work

5.1.    Executive shall mainly perform his duties in the Netherlands.  However, at Company's request, Executive is also willing to perform his duties elsewhere and Executive will be required to travel internationally.
		
	6.
	SALARY AND FRINGE BENEFITS

6.1.    Executive’s salary shall be initially one hundred twenty-five thousand Euros (€125,000) gross per month, inclusive of the applicable legal holiday allowance (the "Base Salary").  The Base Salary is subject to the mandatory and agreed deductions and shall be paid by transfer to a bank to be specified by Executive. 
6.2.    Executive shall not be paid or eligible to receive any bonus or equity compensation.
6.3.    Executive shall be eligible to receive initial monthly car and fuel allowances in amounts to be separately agreed-upon between Executive and Company, which allowances shall otherwise be subject to and paid in accordance with Company’s rules, policies and procedures.  These allowances’ terms, conditions and parameters are determined by Company on an annual basis and all allowances are re-assessed by Company on an annual basis.  Company reserves the right to change, withdraw or substitute at any time the terms, conditions and parameters of these allowances.
6.4.    Executive agrees to receive all his payslips in a non-alterable electronic format via either his Company nominative email address or his personal email address and the internet connection of his choice. Executive shall notify his preferred email address to the HR department within five (5) days as from the Commencement Date.
6.5.    During employment, Company may deduct from the salary and any other sums owed to Executive, any money owed to Company by Executive and/or any of the Group Company in accordance with Article 7:632 of the DCC.
		
	7.
	obligations on termination

7.1.    On termination of this Employment Agreement for any reason Executive shall:
		
	(a)
	immediately deliver to Company all books, materials, files, documents, records, correspondence, papers and information, and copies thereof, on whatever media and wherever located, relating to the business or affairs of Company and the Group or its business contacts, any keys, credit card, equipment (including, but not limited to, company car, computer hardware, software and printers, wireless handheld devices, cellular phones, pagers, etc.) and any other property of Company and of the Group, which is in his possession or under his control;

		
	(b)
	immediately deliver to Company all building badges and any similar identification, and any other Company and Group-owned or Company and Group-leased property in his possession or control leaving intact all electronic Company and Group documents, records and files, including but not limited to those that he developed or helped to develop during his employment with Company;

		
	(c)
	have cancelled all accounts for his benefit, if any, in Company’s and Group’s name, including but not limited to, credit cards, telephone charge cards, cellular phone and/or pager accounts and computer accounts;

		
	(d)
	have transferred to Company all rights in and control over (including all logins, passwords and the like) any and all accounts, social media accounts, subscriptions and/or registrations, electronic or otherwise, that he opened and/or maintained in his own name, but on behalf of or for the benefit of Company and/or the Group, during the course of his employment and not to access or do anything that may directly or indirectly inhibit or prevent Company from accessing any and all of these accounts, social media accounts, subscriptions and/or registrations;

		
	(e)
	after complying with (b) above (if applicable) irretrievably delete any information relating to the business of Company and the  Group stored on any personal magnetic or optical disk or personal 

memory or device and all matter derived from such sources which is in his possession or under his control; and
		
	(f)
	provide a signed statement on a form prepared by Company that he has complied fully with his obligations under this clause 7.1 together with such reasonable evidence of compliance as Company may request.

7.2.    In the event that any transfers referred to in clause 7.1 above have not been fully effected as of the last day of his employment with Company, Executive shall execute, after termination date, such instruments and other documents and take such other steps as Company may reasonably request from time to time in order to complete the transfer of any such accounts, social media accounts, subscriptions and/or registrations.
		
	8.
	company property

If and as long as Executive is unable to work due to illness and during other periods of non-activity (irrespective of the reason for such non-activity), Company property made available by Company shall be returned to Company, as soon as this illness or non-activity has lasted longer than eight (8) weeks. Executive shall return Company property made available to him to Company clean and in good condition after one month of absence due to illness or other non-activity, without Company having to compensate Executive (financially or otherwise).
		
	9.
	PENSION

9.1.    As soon as Executive meets the conditions of entry (and subject to any applicable waiting or threshold period), he shall participate in the pension scheme made available to the members of the management team of Company, in accordance with the conditions set forth in the applicable pension regulations.  The pension scheme is currently administered by NN Prestatie Pensioen.
9.2.    Once Executive participates in the aforementioned pension scheme, he shall receive further written information from the pension provider about the content thereof as well as a copy of the pension regulations. By participating in the pension scheme, Executive agrees with the content thereof and the related regulations, articles and conditions.
9.3.    Company shall be entitled to amend the pension scheme in accordance with the DCC and other applicable laws from time to time without Executive’s consent. Notably and without limitation, in accordance with Article 12 of the Dutch Pensions Act, Company hereby reserves the right to reduce or terminate the payment of its contribution to the pension scheme in case of significant changes in circumstances, such being at Company's discretion. Furthermore, in accordance with Article 19 of the Dutch Pensions Act, Company reserves the right to change the pension scheme if Company has a substantial interest.
		
	10.
	health care insurance

10.1.    Company shall pay the employer's contribution in accordance with the Dutch Healthcare Insurance Act (Zorgverzekeringswet). 
		
	11.
	HOLIDAYS

11.1.    Executive is entitled to a number of paid holiday in each holiday year (currently between 1 January and 31 December) equivalent to the minimum requirement in accordance with the DCC, the applicable collective bargaining agreement (if any) and Company’s policies relative to paid holiday (if any). If the Employment Agreement commences or terminates part way through a holiday year, Executive’s entitlement during that holiday year shall be calculated on a pro-rata basis. 
11.2.    In principle, holidays shall be taken in the calendar year in which the entitlement is acquired. Days that - in deviation of that principle - are carried over to the following calendar year, shall lapse in accordance with Article 7:640a DCC.
		
	12.
	ILLNESS

12.1.    If Executive is ill he will inform Company of this, in conformity with the applicable rules for the notification and check-up in case of illness. Executive agrees to consent to medical examinations by Company’s doctor upon request of Company.
12.2.    Without prejudice to the provisions and conditions in Article 7:629 of the Dutch Civil Code, in case of illness of the Executive the Company will continue to pay:  (i) during the first eight (8) weeks of illness, 100% of the last-earned Base Salary and continuation of fringe benefits payable under this Employment Agreement; (ii) as from eight (8) weeks of illness up to and including 52 weeks of illness, 100% of the Illness Reference Salary (as defined below); and (iii) as from 53 weeks of illness up to and including 104 weeks of illness, 70% of the Illness Reference Salary.  For the purpose of this clause 12.2, “Illness Reference Salary” shall mean EUR 400,000 gross on an annual basis.
		
	13.
	Executive’s warranties

13.1.    Executive represents and warrants to Company that, by entering into this Employment Agreement or performing any of his obligations under it, he will not be in breach of any court order or any express or implied terms of any contract or other obligation binding on him.
13.2.    Executive warrants that he is entitled to work in the Netherlands without any additional approvals and will notify Company immediately if he ceases to be so entitled during this Employment Agreement.
		
	14.
	APPLICABLE LAW AND DISPUTES

14.1.    This Employment Agreement is governed exclusively by Dutch Law.
14.2.    Any dispute in relation to and/or arising from this Employment Agreement or agreements that continue on and/or derive from this Employment Agreement shall exclusively be brought before the competent court in Amsterdam, the Netherlands.
		
	15.
	MISCELLANEOUS

15.1.    This Employment Agreement and the documents attached in the Annex collectively constitute the whole agreement between the Parties and supersede all previous discussions, correspondence, negotiations, arrangements, understandings and agreements between them.  Each Party acknowledges that in entering into this Employment Agreement it has not relied on and shall have no remedy in respect of any undertaking, promise, assurance, statement, representation, warranty or understanding (whether in writing or not) of any person (whether party to this Employment Agreement or not) relating to Executive's employment under this Employment Agreement which is not 

expressly set out in this Employment Agreement or any document referred to in it.  The Annex to this Employment Agreement form part of (and are incorporated into) this Employment Agreement.
15.2.    Company is entitled to unilaterally amend this Employment Agreement, including all the documents constituting part thereof, if Company has a substantial interest in such amendment(s) that outweighs the interests of Executive (which may be adversely affected by such amendment(s)) in accordance with the standards of reasonableness and fairness.
15.3.    Amendments to this Employment Agreement will only be valid to the extent that they have been recorded in writing.
15.4.    If any of the provisions of this Employment Agreement are or become invalid or unenforceable at any time, the validity and enforceability of the other provisions of this Employment Agreement shall not be affected as a result. The Parties shall then modify this Employment Agreement insofar as necessary in consultation, in the sense that they shall replace the invalid provisions with valid and binding provisions which differ as little as possible from the invalid or unenforceable provision(s) concerned.
Thus agreed upon and signed in duplicate in Amsterdam, The Netherlands.  
	
		
	cimpress n.V.

/s/Robert Keane
legally represented by Robert Keane, Chairman of the Management Board
	Cornelis David Arends

/s/Cornelis David Arends

Executive’s Current Residential Address:

_________________________________

_________________________________

_________________________________

Annex:

A - Invention & Non-Disclosure Agreement and Non-Competition & Non-Solicitation Agreement
ANNEX A

Invention & Non-Disclosure Agreement

and

Non-Competition & Non-Solicitation Agreement

[SEE attached]

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