0000950134-06-016463 Sample Contracts

January 5, 2005 Dear Jeff:
General Release Agreement • August 18th, 2006 • Shutterfly Inc • Services-photofinishing laboratories • California

On behalf of the Board of Directors of Shutterfly, Inc. (the “Company”), I am pleased to offer you employment with the Company on the terms set forth in this letter agreement (the “Agreement”).

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AGREEMENT OF LEASE
Agreement of Lease • August 18th, 2006 • Shutterfly Inc • Services-photofinishing laboratories • California

Tenant agrees to comply with the following rules and regulations, and any subsequent rules or regulations which Landlord may reasonably adopt or modify from time to time. Tenant shall be bound by such rules and regulations to the same extent as if such rules and regulations were covenants of this Lease; and any non-compliance thereof shall constitute grounds for Default under this Lease. Landlord shall not be liable for the non-observance of said rules and regulations by any other tenant.

LEASE AGREEMENT
Lease Agreement • August 18th, 2006 • Shutterfly Inc • Services-photofinishing laboratories

THIS LEASE, made this 5th day of July 1999, between WESTPORT JOINT VENTURE, a California joint venture, hereinafter called Landlord, and DIGITAL FINISH, INC., a California corporation, hereinafter called Tenant.

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